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Home / Business / Companies / Banking and finance

Outage affects BNZ app users on first day of new cost-of-living payment

John Weekes
By John Weekes
Senior Business Reporter·NZ Herald·
1 Aug, 2022 05:28 AM2 mins to read

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Some BNZ app users have reported malfunctions, on the same day an estimated 2.1 million New Zealanders receive the new Government cost-of-living payments.

Some BNZ app users have reported malfunctions, on the same day an estimated 2.1 million New Zealanders receive the new Government cost-of-living payments.

Some BNZ customers are hitting snags accessing their online banking today.

A Herald reader said the bank's website and phone banking app were having issues on the day an estimated 2.1 million people were due to get their first cost-of-living payment.

A BNZ spokesman today said the app was having some issues but browser users on computers should be able to access banking as usual.

"Some customers are currently experiencing issues logging into their accounts on the BNZ mobile banking app," he said.

"Internet banking is still working, so if a customer has access to a computer they will be able to access their accounts that way," he added.

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"We are working hard to get this issue fixed as soon as we can, and we apologise for any inconvenience caused."

BNZ's internet banking status page early this afternoon said some customers were unable to log in to internet banking, mobile banking and mobile business banking services.

The issues were affecting Apple and Android users.

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It was the first outage recorded on the bank's status page since a major malfunction on the evening of July 2.

It was not immediately clear how many customers were affected today, or if the outage was connected to the new living costs payments.

The Government payment scheme totalled $350, split into three monthly payments starting today.

The payments were designed to help combat the impact of surging inflation on household budgets.

Discover more

New Zealand|crime

Scam text messages referring to cost of living payment reported to Cert NZ

01 Aug 04:54 AM

An estimated 2.1 million adult New Zealand tax residents earning less than $70,000 in the year to April are eligible for the payments.

People entitled to the winter energy payment who already received NZ superannuation or one of 10 qualifying benefits aren't eligible for the $350 payment.

Some Kiwis overseas have voiced surprise at being told they would also receive the payments today.

At one point, dead people would have been able to get the payment too, until the Herald approached Inland Revenue about that issue.

Today's payment is $116.67, as is the second one at the start of September. The third instalment for eligible people is $116.66, payable on October 3.

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