Take a photo ID and proof of your address. Your employer will need a bank account number so they can put your wages directly into the account.
EFTPOS
EFTPOS cards (also known as debit cards or bank cards) are very popular in New Zealand.
Most shops and businesses accept EFTPOS. The card is linked to your bank account. When you make a purchase, the money is taken directly (debited) from your bank account.
You can also use your EFTPOS card at an ATM (an Automatic Teller Machine), to withdraw cash or to check your account balance. To use your EFTPOS card, you need a PIN (Personal Identification Number). Your bank will ask you to choose the PIN. Do not show your PIN to anyone. If you lose your bankcard or think someone else has your PIN, contact your bank straight away.
Banks in Christchurch
There are about 20 banks registered in New Zealand. The Reserve Bank of New Zealand has a list of banks currently registered in New Zealand. Information about banks and their policies are available at the branches and on their websites. The main banks are:
You can choose which bank you want to join. Please note that each bank may:
Saving for retirement
The government subsidises a voluntary retirement fund called KiwiSaver: visit www.kiwisaver.govt.nz or free phone 0800 549 472 .
SuperGold Card is a discounts and concessions card issued free to all eligible older persons. Free phone 0800 254 565 .
Paying taxes
If you work, are in business or receive a government benefit, you must pay tax. To pay tax you need an IRD number from the Inland Revenue Department.
For more information about IRD numbers, visit:
You should apply for an IRD number for each family member, including children. This will ensure that you are taxed at the correct rate. If you don’t have an IRD number, you will have to pay the highest tax rate.
Some expenses (donations, school donations, childcare, housekeeping while you work) may be able to be claimed back in part from your tax.
