Prize draw now closed
This prize draw has now closed and winners have been notified.
The following terms and conditions apply to all participants in the On the Ladder with Kiwibank prize draw. By submitting the prize draw entry form, participants are deemed to accept these terms and conditions.
The prize draw period
- The prize draw opens 06.00am NZST on Friday 18 October 2024 and closes at 11.59pm NZST on Monday 2 December 2024 (the ‘prize draw period’).
- Submissions received after the prize draw period closes will not be eligible for entry into the prize draw.
Eligibility
3. To be eligible for entry into the prize draw, participants need to:
- be a New Zealand resident
- be aged 18 years or over, as at 18 October 2024
- complete the mandatory fields and correctly answer the prize draw question within the On the Ladder prize draw entry form.
4. Entry is open to both Kiwibank customers and non-customers.
5. Kiwibank employees and contractors are eligible to enter the prize draw.
6. Participants may have multiple attempts at answering the prize draw question, but only one correct submission per participant will be entered into the prize draw.
The prize
7. There are five (5) separate cash prizes of $10,000 (each a 'prize').
The prize draw
8. Each prize will be drawn at random from all eligible entries on 04 December 2024.
9. The five prize winners will be notified from 04 December 2024 via the phone number and/or email address provided on the prize draw entry form.
10. When contacted, each winner will be asked to provide a current form of identification to confirm they meet the eligibility requirements. They will also need to confirm their nominated bank account that the prize will be paid into. The nominated bank account must be in the same name as the name on the winning prize draw entry form.
11. If the winner does not confirm their nominated bank account within 10 business days of Kiwibank first making contact, the prize will be forfeited, and another winner will be drawn from the remaining pool of eligible entries. The process will be repeated until a winner is found.
12. The prize will be deposited in one payment of $10,000 into the winner's nominated bank account within 10 business days following confirmation of the nominated bank account. The prize will not be deposited into a non-New Zealand bank account.
13. It's the responsibility of the person completing the prize draw entry form on the website to ensure the contact details entered are correct.
Use of information
14. Kiwibank collects personal information from participants in connection with the prize draw and will hold and use that information in accordance with the Kiwibank Privacy Policy. Kiwibank may also use the information for the purposes of administering the prize draw and to send participants information about On the Ladder with Kiwibank and related products and services. Participants have the right to access and request correction of this information.
15. Kiwibank may publish details of the winners via our website and/or social channels to notify all participants that the prize draw has taken place and the winners have been notified. Kiwibank will limit the information published to a non-easily identifiable format i.e. first name and city, or salutation and first initial of surname and city.
General
16. Kiwibank's decision is final, and no correspondence will be entered into. The prizes are not transferable or exchangeable.
17. 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 participant. 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.
18. 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 technological issues, as soon as practicable after the change has been made or the prize draw has been cancelled.
19. 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 may include a 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.
20. The Promoter is Kiwibank Limited Level 9, 20 Customhouse Quay, Private Bag 39888, Wellington 5045.