Business Online Call prize draw terms & conditions

Prize draw period

1. The prize draw period begins at 12.00am NZST on Monday 24 February 2025 and ends at 11.59pm NZST on Sunday 6 April 2025 (the ‘prize draw period’).

Eligibility

2. To enter the prize draw, participants must be a Kiwibank customer, and either:

• open a new Kiwibank Business Online Call account and grow the account balance by $2,000 during the prize draw period, or
• grow the account balance of an existing Kiwibank Business Online Call account by $2,000 during the prize draw period.

For the avoidance of doubt, “growing the account balance by $2,000” means that the account balance at the end of the prize draw period must be at least $2,000 higher than it was at the start of the prize draw period. The relevant Kiwibank Business Online Call account must still be open at the end of the prize draw period.

3. Customers with multiple Kiwibank Business Online Call accounts are only entitled to one (1) entry, even if they have multiple accounts increase in value by at least $2,000 during the prize draw period.

4. Customers that are linked to, or controlled by, Kiwibank employees or contractors are eligible to enter the prize draw provided the customer also meets the above eligibility criteria.

5. Customers who meet the eligibility criteria will be automatically entered into the prize draw.

Prizes

6. There are ten (10) separate cash prizes of $2,000 (each a 'prize'). Each customer can only win one (1) prize.

The prize draw

7. The prize draw will take place on 09 April 2025. Each prize will be drawn at random from the pool of all customers who have met the eligibility criteria.

8. The prize winners will be notified from 09 April 2025 via the phone number and/or email address we have on file, or via Secure Mail. Kiwibank will not ask the winner to share any password, PIN, KeepSafe questions or answers, or SMS one-time codes.

9. Each $2,000 prize will be paid into the winner’s relevant Kiwibank Business Online Call account, or if the customer has multiple accounts, into the account nominated by the customer.

10. If Kiwibank is unable to contact a winner or a winner does not respond within ten business days, the prize will be forfeited, and another winner will be drawn from the remaining pool of eligible customers. The process will be repeated until all ten prizes have been paid.

11. Kiwibank will use any personal information held by Kiwibank solely for the purposes of administering the prize draw, and will not collect any additional personal information during the course of the prize draw.

General

12. Kiwibank's decision is final, and no correspondence will be entered into. The prizes are not transferable or exchangeable.

13. If any entry is found to be fraudulent, dishonest, or does not comply with these terms and conditions, the entry will be voided and no prize will be awarded to that customer. Kiwibank may, in its sole discretion and without having to give a reason, refuse to award a prize. Kiwibank may also take action in the future if it is found that a prize winner has been fraudulent or dishonest or did not comply with these terms and conditions.

14. Kiwibank may, without giving a reason, change, extend, amend, or cancel the prize draw or these terms and conditions at any time. If we do this, the changes or cancellation notice will be published on our website under Public Notices before they take effect or, if Kiwibank is unable to give prior notice for any legal reason or due to technical reasons, as soon as practicable after the change has been made or the prize draw has been cancelled.

15. These prize draw terms and conditions are subject to the laws of New Zealand. Kiwibank is not liable for any claim, loss or damage suffered (including but not limited to indirect or consequential loss) in connection with the prize draw or any prizes offered. This includes any tax liability relating to the prize, which the winner is solely responsible for. If the winner cannot accept the prize for any reason, it will be forfeited.

16. The promoter is Kiwibank Limited (‘Kiwibank’), Level 9, 20 Customhouse Quay, Private Bag 39888, Wellington 5045.