Credit Cards NZ
  • Home
  • Card Types
    • Airpoints Credit Cards
    • Balance Transfer Credit Cards
    • Best Credit Cards in NZ
    • Best Credit Card Rewards
    • Business Credit Cards
    • CashBack Credit Cards
    • Free Airport Lounge Access Cards
    • Frequent Flyer Credit Cards
    • Interest Free Credit Cards
    • Low Interest Credit Cards
    • No annual Fee Credit Cards
    • Rewards Credit Cards
    • Travel Credit Cards
    • 0% Balance Transfer Credit Cards
    • Best Credit Card Types
      • Best Airpoints Credit Cards in NZ
      • Best Credit Card for Family Travel
      • Best Credit Card Rewards NZ
    • More Credit Card Types…
      • Air New Zealand Credit Cards
      • Koru Membership Credit Cards
      • Credit card Finder
      • Free Credit Card
      • Flybuys Credit Cards
      • Sign Up Bonus Credit Cards
      • Travel Insurance Credit Cards
      • Instant Approval Credit Cards
      • Mastercard Credit Cards
      • No Foreign Transaction Fee Credit Cards
      • Prestige Credit Cards
      • Priority Pass Credit Cards
      • Store Credit Cards
      • Student Credit Cards
      • Visa Credit Cards
  • Card Providers
    • Air New Zealand Credit Cards
    • Amex Credit Cards
    • ANZ Credit Cards
    • ASB Credit Cards
    • BNZ Credit Cards
    • Farmers Credit Card
    • Flight Centre Credit Card
    • Kiwibank Credit Cards
    • Q Card Credit Cards
    • SBS Bank Credit Cards
    • The Co-operative Bank Credit Cards
    • TSB Credit Cards
    • Westpac Credit Cards
    • More Card Providers
      • Air NZ Credit Cards
      • Countdown Credit Cards
      • HSBC Credit Cards
      • Warehouse Money Credit Cards
      • Qantas Credit Cards
  • About
    • About Us
    • Contact Us
    • Write for us
    • Advertising
  • Articles
    • Wise Travel Card Review
    • Is Airpoints Worth it?
    • Is a Wise Card worth it?
    • Is a Travelex Money Card worth it?
    • What is the best way to take money overseas?
    • More Articles
Credit Cards NZ
  • Home
  • Card Types
    • Airpoints Credit Cards
    • Balance Transfer Credit Cards
    • Best Credit Cards in NZ
    • Best Credit Card Rewards
    • Business Credit Cards
    • CashBack Credit Cards
    • Free Airport Lounge Access Cards
    • Frequent Flyer Credit Cards
    • Interest Free Credit Cards
    • Low Interest Credit Cards
    • No annual Fee Credit Cards
    • Rewards Credit Cards
    • Travel Credit Cards
    • 0% Balance Transfer Credit Cards
    • Best Credit Card Types
      • Best Airpoints Credit Cards in NZ
      • Best Credit Card for Family Travel
      • Best Credit Card Rewards NZ
    • More Credit Card Types…
      • Air New Zealand Credit Cards
      • Koru Membership Credit Cards
      • Credit card Finder
      • Free Credit Card
      • Flybuys Credit Cards
      • Sign Up Bonus Credit Cards
      • Travel Insurance Credit Cards
      • Instant Approval Credit Cards
      • Mastercard Credit Cards
      • No Foreign Transaction Fee Credit Cards
      • Prestige Credit Cards
      • Priority Pass Credit Cards
      • Store Credit Cards
      • Student Credit Cards
      • Visa Credit Cards
  • Card Providers
    • Air New Zealand Credit Cards
    • Amex Credit Cards
    • ANZ Credit Cards
    • ASB Credit Cards
    • BNZ Credit Cards
    • Farmers Credit Card
    • Flight Centre Credit Card
    • Kiwibank Credit Cards
    • Q Card Credit Cards
    • SBS Bank Credit Cards
    • The Co-operative Bank Credit Cards
    • TSB Credit Cards
    • Westpac Credit Cards
    • More Card Providers
      • Air NZ Credit Cards
      • Countdown Credit Cards
      • HSBC Credit Cards
      • Warehouse Money Credit Cards
      • Qantas Credit Cards
  • About
    • About Us
    • Contact Us
    • Write for us
    • Advertising
  • Articles
    • Wise Travel Card Review
    • Is Airpoints Worth it?
    • Is a Wise Card worth it?
    • Is a Travelex Money Card worth it?
    • What is the best way to take money overseas?
    • More Articles

BNZ Advantage Visa Platinum Credit Card

BNZ Advantage Visa Platinum Credit Card
More Info »
Apply Now »

Gold Award

The BNZ Advantage Platinum Visa Credit Card is a rewards credit card that allows you earn BNZ points rewards. Spend $1 and get 1.67 BNZ Points. The BNZ Advantage Platinum Visa Card also comes with a 90 days platinum International Leisure Travel Insurance and Domestic rental and vehicle excess insurance. It charges an annual fee of $90 and 18.95% p.a. interest rate on purchases. In terms of value, 200 BNZ Points is equivalent to $1.34 NZD.

The BNZ Advantage Platinum Visa Card might be suitable for cardholders who want to use their credit card to earn BNZ Points or for frequent travellers who can take advantage of the free travel insurance benefit. We encourage our readers interested in credit cards with rewards to compare all rewards credit cards on our website to help them make an informed decision.

The American Express Airpoints Platinum Card
The Amex Airpoints Platinum Card is the FASTEST Air NZ Airpoints DollarTM earning Platinum credit card. Every $70 spend earns you 1 Airpoints Dollar. Every $70 spend earns you 1 Airpoints Dollar. This card also includes complimentary Travel Insurance, VIP Lounge access and more. CURRENT OFFER: Get rewarded with 300 bonus Airpoints Dollars™ when you apply, are approved and spend $1,500 on your new Amex Airpoints Platinum Card within the first 3 months. New Amex Card Members only. T&Cs apply.
More Info »
*Terms and conditions apply

Rewards Points Cash Equivalent

$100 spend earns you $1.11 cash equivalent^.

^ To help you compare reward points across different credit cards and rewards programs, we provide an estimate of the cash-equivalent of the reward points that you will get back for every $100 you spend on eligible purchases with your card. The cash equivalent value given is an estimate only based on a specific redemption example. In some cases reward points cannot be redeemed for cash directly. See below to find out how the estimate was calculated.

Points Cash Equivalence Calculation

If $1 spend earns you 1.67 BNZ Points then $100 spend earns you 1.67 x 100 = 167 BNZ Points. We know that 20,000 BNZ Points gets you a $134 cash back in statement credit. This means $100 spend earns you (134 x 167/20,000) = 1.1189 or $1.11 cash equivalent.

Our research seems to suggest you get more value for your BNZ Points by redeeming them for statement credits (cash back) rather than for gift cards and other products.

How can I redeem my BNZ Points?

BNZ Points can be redeemed in several ways, including for statement credits, travel, gift cards and shopping. You can find out how to redeem your BNZ points on the BNZ rewards portal.

Key Features

  • Purchase Rate: 18.95%
  • Cash Advance Rate: 18.95%
  • Balance Transfer: Unknown
  • Annual Fee: $90 charged as $45 half yearly. Additional card $20 p.a
  • Interest Free Days: 55 days
  • Minimum Repayment:
  • Card Reward Details: Fly Buys points or Cash Rewards. Spend $20 on eligible purchases and get 1 Fly Buys point OR spend $1 and get 1.67 BNZ Points.
  • Credit Limit: Minimum credit limit $8,000
  • Other Fees:

IMPORTANT NOTE: please review the credit card details on the provider's website again before applying.

BNZ Advantage Visa Platinum Credit Card Review

Pros and Cons

We've compiled below the pros and cons of the BNZ Advantage Visa Platinum Credit Card to help you decide.

Pros

  • Earn BNZ points. $20 spend earns you 1.67 BNZ Points
  • You get up to 90 international travel insurance days
  • Relatively low interest rate of 18.95% p.a.
  • Domestic rental vehicle excess insurance
  • Concierge service
  • Emergency travel assistance
  • Many options to redeem your BNZ points including cash back

Cons

  • Relatively high annual fee of $$90.00
  • Limited benefits for the annual fee charged
The American Express Airpoints Platinum Card
The Amex Airpoints Platinum Card is the FASTEST Air NZ Airpoints DollarTM earning Platinum credit card. Every $70 spend earns you 1 Airpoints Dollar. Every $70 spend earns you 1 Airpoints Dollar. This card also includes complimentary Travel Insurance, VIP Lounge access and more. CURRENT OFFER: Get rewarded with 300 bonus Airpoints Dollars™ when you apply, are approved and spend $1,500 on your new Amex Airpoints Platinum Card within the first 3 months. New Amex Card Members only. T&Cs apply.
More Info »
*Terms and conditions apply

What we like about BNZ Advantage Visa Platinum Credit Card

Reward Points System

With the BNZ Advantage Visa Platinum Credit Card, you can earn rewards on your everyday spending. Earn 1.67 BNZ Points for every $1 spent.

Travel Insurance Coverage

This credit card offers 90 days of international leisure travel insurance. This means you can travel with peace of mind, knowing you are covered for various travel-related incidents. Additionally, the card includes domestic rental and vehicle excess insurance, providing extra protection when you rent a car within New Zealand.

Additional Perks and Features

The BNZ Advantage Visa Platinum Credit Card comes with several other perks. These include:

  • Cashback Rewards: Earn approximately $1.11 back for every $100 spent.
  • Exclusive Offers: Access special deals and discounts available only to cardholders.

These benefits make the BNZ Advantage Visa Platinum Credit Card a valuable tool for managing your finances and enjoying extra perks.

What is not so great about BNZ Advantage Visa Platinum Credit Card

One of the main drawbacks of the BNZ Advantage Visa Platinum Credit Card is its annual fee. This fee can be quite high, and it may not be worth it if you do not use the card's benefits frequently. Additionally, there are other charges associated with the card, such as late payment fees and foreign transaction fees, which can add up over time.

The interest rates on the BNZ Advantage Visa Platinum Credit Card are another downside. If you carry a balance on your card, the interest charges can be significant. This can make it difficult to pay off your debt and can lead to a cycle of increasing debt.

While the BNZ Advantage Visa Platinum Credit Card does offer some benefits, they are not as comprehensive as those offered by other premium credit cards. For example, the card no longer includes Purchase Protection, Extended Warranty, or PriceGuard. This means that you may not get as much value from the card as you would from other options.

Is the BNZ Advantage Visa Platinum Credit Card Right for me?

Spending Habits

When considering the BNZ Advantage Visa Platinum Credit Card, it's essential to evaluate your spending habits. This card is particularly beneficial for those who frequently use their credit card for everyday purchases. If you tend to spend a significant amount on groceries, dining, and other daily expenses, the reward points system can offer substantial benefits. However, if your spending is minimal, the annual fees may outweigh the rewards.

Travel Frequency

Another critical factor is your travel frequency. The BNZ Advantage Visa Platinum Credit Card provides 90 days of international leisure travel insurance and domestic rental vehicle excess insurance. If you travel often, these perks can save you money and provide peace of mind. On the other hand, if you rarely travel, these benefits may not be as valuable to you.

Alternative Options

It's also wise to consider alternative options. There are various credit cards available, each with its own set of benefits and drawbacks. Compare the BNZ Advantage Visa Platinum Credit Card with other cards to determine which one aligns best with your financial goals and lifestyle. Look at factors such as reward points, travel insurance, annual fees, and interest rates to make an informed decision. Compare Travel Credit Cards.

How to Apply for the BNZ Advantage Visa Platinum Credit Card

Application Process

Applying for the BNZ Advantage Visa Platinum Credit Card is straightforward. Follow these steps to ensure a smooth application:

  1. Click on Apply Now button on this page to visit the BNZ Website: Carefully read through the card details, benefits, and terms on the BNZ website to ensure it meets your needs.
  2. Click 'Apply Now': Once you are ready, click the 'Apply Now' button to start your application.
  3. Fill Out the Application Form: Provide all required information, including personal details, income, and employment information.
  4. Submit Necessary Documentation: Upload or provide any required documents, such as proof of income and identification.
  5. Review and Submit: Double-check all the information you have entered and submit your application.

Approval Time

The approval time for the BNZ Advantage Visa Platinum Credit Card can vary. Typically, you can expect to receive a response within a few business days. BNZ may contact you for additional information or documentation if needed.

Tips for a Successful Application

To increase your chances of a successful application, consider the following tips:

  • Ensure Accuracy: Double-check all the information you provide to avoid any errors or discrepancies.
  • Prepare Documentation: Have all necessary documents ready before you start your application to streamline the process.
  • Check Eligibility: Make sure you meet all the eligibility criteria, including income and credit score requirements.
  • Monitor Your Credit: A good credit score can significantly improve your chances of approval. Monitor your credit report and address any issues beforehand.

Eligibility Criteria:

Your eligibility for this card would depend on a few criteria listed below. When you apply for a BNZ credit card, BNZ would ask you a few questions about the following criterias to determine your eligibility.

  • Income
  • Expenses
  • Debts
  • Assets
  • Savings
  • Investments

Documents:

In general the following documents are usually required for credit card applications.

Proof of Income

One of the following:
  • your most recent payslip or salary notice
  • copies of bank statements that show your pay or salary deposits
  • a letter from your employer confirming your income
  • an Inland Revenue Department (IRD) “summary of earnings” notice.

If you’re self-employed, you must supply:

  • signed financial statements for the past two years
  • a signed personal Statement of Financial Position
  • your personal tax return.

Proof of Identity:

A copy of one or two items from List 1. If you provide only one item from List 1, you must also provide one item from List 2.

List 1:
  • Current passport
  • New Zealand drivers licence
  • 18+ card
  • Photo Credit Card
List 2:
  • Most recent bank statement
  • Debit card
  • Credit card
  • Community services card
  • Club or society card.

Are you interested in a credit card with rewards? Compare ALL Rewards credit cards on our credit card rewards page.

More Info »
Apply Now »


The American Express Airpoints Platinum Card
The Amex Airpoints Platinum Card is the FASTEST Air NZ Airpoints DollarTM earning Platinum credit card. Every $70 spend earns you 1 Airpoints Dollar. Every $70 spend earns you 1 Airpoints Dollar. This card also includes complimentary Travel Insurance, VIP Lounge access and more. CURRENT OFFER: Get rewarded with 300 bonus Airpoints Dollars™ when you apply, are approved and spend $1,500 on your new Amex Airpoints Platinum Card within the first 3 months. New Amex Card Members only. T&Cs apply.
More Info »
*Terms and conditions apply

What is the best credit card in New Zealand?

We've been asked this question a lot so we have compiled our pick of the best credit card in NZ but keep in mind that the best credit card for you depends on your personal circumstance and needs. To find the best credit card for you, we recommend that you compare all credit cards in NZ on our website or narrow down your search by popular credit card types as shown below. Use the top menu of the page to select more credit card types.

  • Airpoints credit card
  • Credit cards rewards
  • Frequent flyer credit cards
  • Travel credit cards
  • Interest free credit card
  • Credit card with travel insurance
  • Credit cards with lounge access
  • Lowest interest rate credit card
  • Best credit card rewards

Featured

The American Express Airpoints Credit Card
Get 0% p.a. on purchases for the first 6 months with the Amex Airpoints Credit Card, plus NO ANNUAL FEE and you earn 1 Air NZ Airpoints DollarTM for every $100 you spend with the Card. CURRENT OFFER: 50 bonus Airpoints Dollars™ when you apply, are approved and spend $750 on your new Card within the first 3 months. New Card Members only.
More Info »
*Terms and conditions apply

Card Providers

  • Amex
  • ANZ
  • Westpac
  • Kiwibank
  • ASB
  • BNZ
  • SBS Bank
  • HSBC
  • TSB
  • Countdown
  • Farmers
  • Q Cards
  • Flight Centre
  • Gem
  • Warehouse Money
  • Mastercard
  • Visa

Featured

The American Express Airpoints Platinum Card
The Amex Airpoints Platinum Card is the FASTEST Air NZ Airpoints DollarTM earning Platinum credit card. Every $70 you spend earns you 1 Airpoints Dollar. This card also includes complimentary Travel Insurance, VIP Lounge access and more. CURRENT OFFER:Be rewarded with 400 bonus Airpoints Dollars™ when you apply, are approved and spend $1,500 on your new Card within the first 3 months. New Amex Card Members only. Offer ends 26th May 2025.
More Info »
*Terms and conditions apply

Credit Card Types

  • Air NZ credit cards
  • Airpoints credit card
  • Balance transfer credit cards
  • Balance transfer NZ
  • Best credit cards
  • Best credit card rewards
  • Cashback credit cards
  • Credit card balance transfer
  • Credit cards rewards
  • Credit cards with lounge access
  • Credit card with travel insurance
  • Free credit cards
  • Frequent flyer credit cards
  • Interest free credit card NZ
  • Low Interest rate credit cards
  • No-annual fee credit cards
  • Prestige credit cards
  • Rewards credit cards
  • Students credit cards
  • Travel credit card NZ
  • Travel insurance credit cards
  • More card types...

Useful Information

  • About Us
  • Contact Us
  • Advertising
  • News and Articles
  • Terms of use
  • Privacy Policy
  • Credit Cards Compare
  • Sitemap

Recent Posts

  • No Annual Fee Credit Cards in NZ: Are They Worth It?
  • How Credit Card Interest Works in New Zealand: A Simple Guide
  • Pre-Approval vs Instant Approval: What Do NZ Credit Card Terms Really Mean?
  • How to Maximise Airpoints and Travel Perks with NZ Credit Cards
  • How to Compare NZ Credit Cards: What to Look for in 2025
  • Best Airpoints Credit Cards in NZ [2025 Edition]
  • From Screen Time to Side Hustle: Why a kid’s YouTube channel might be Worth more than you think

Popular Pages

  • How to apply for a credit card
  • Interest free credit cards
  • Low rate credit cards
  • Best credit card in NZ
  • Balance transfer credit cards
  • Credit card rewards
  • No-annual fee credit cards
  • Balance transfer NZ
  • Free credit card
  • Kiwibank credit cards
  • ASB credit cards
  • ANZ credit cards
  • Westpac credit cards
  • TSB credit cards
  • BNZ credit cards
  • Mastercard credit cards
  • Visa credit cards
  • The Warehouse credit cards

More information

  • Credit card blog
  • Credit cards
  • Credit card finder
  • Best credit card NZ
  • Apply for credit card
  • Credit cards compare NZ
  • Credit card types
  • Credit card comparison
  • Credit cards NZ
  • Credit card balance transfer
  • Balance transfer
  • NZ credit cards
  • Credit card NZ
  • Credit card online

About Us

Kia Ora! Credit cards compare NZ (also referred to as Credit cards comparison NZ or Credit cards NZ) is an absolutely free credit card comparison website. Each year we help tens of thousands of Kiwis save by finding the best credit card to suit their needs.

Credit cards compare NZ

CreditCardsCompare.co.nz (Credit Cards Compare NZ) is not a credit card provider and does not provide financial advice, we only provide factual and general information on our website to help you find the best credit card to suit your needs. Any financial advice that may be provided on this website is merely passed on from the credit card provider and does not take into account your personal circumstance. If you are unsure, seek independent professional advice before taking out a credit card.Credit Cards Compare NZ includes many but not all credit cards in NZ on our website. We may receive a commission for advertising/promoting certain credit cards and products on our website.
© Copyright 2022 operated by Credit Cards Compare NZ (ABN 14936155671)