How much does Taxi cost?
There are two costs associated with Taxi, the Monthly fee and Interest charges. Your Taxi plan will determine how much you pay.
Taxi offers three pricing plans to suit different business needs:
- Standard (most popular): Best if you plan to access funds immediately or soon. Monthly fee: 0.15%.
- Standby: Pay nothing until you access funds for the first time. Monthly fee: 0.20%. No fees apply until you access funds for the first time.
- Corporate: Available for businesses with a tax obligation over $1 million. Custom rates and fees apply. Contact us to discuss your options.
The monthly fee is based on your Taxi limit (the total amount you choose to have available), with a minimum fee of $29.90. If you select the Standby plan and haven’t yet accessed funds, you won’t be charged a monthly fee.
Interest is only applied to the amount you withdraw, not your entire limit. The interest rate varies, and is charged at the prevailing rate when you access funds.
For more information, visit GoTaxi.co.nz/pricing.