The Fair Rate Credit Card from the Co-operative bank has a low Purchase rate of 12.95% p.a. and a low annual fee of just $20. It also has a balance transfer rate of 0% p.a. for 6 months. This might be a good card if you are looking for a credit card with a low-interest rate and/or want to transfer your balance to a credit card with a low interest rate and a balance transfer offer.
A nice feature of this card worth highlighting is that the Cash advance rate is the same as the Purchase rate (unlike most credit cards), plus you don't get charged a Cash advance fee at NZ ATMs, branches, and using online or mobile banking.
IMPORTANT NOTE: please review the card details on the provider's website again before applying.
Your eligibility for this card would depend on a few criteria listed below. When you apply for a Co-operative Bank credit card, Co-operative Bank would ask you a few questions about the following criterias to determine your eligibility.
In general the following documents are usually required for credit card applications.
If you’re self-employed, you must supply:
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:
The best credit card for you would depend on your personal circumstance and how you intend to use your credit card. We have put together a list of some of the best credit cards in New Zealand to help you find the best credit card in NZ to suit your individual needs including interest free credit card, low rate credit card, balance transfer, credit card reward and air nz credit card.