The Kiwibank Low Rate Visa credit card is a low interest rate credit card that offers a competitive 9.95% p.a. on purchases and cash advances (cash withdrawals) plus up to 55 interest free days. Also, when you transfer your outstanding balance from another non-kiwibank credit card you are charged 0% p.a. for the first 12 months on the balance transferred provided you continue to make your minimum monthly repayments. The minimum monthly repayments is 5% or $10 whichever is greater.If you have significant existing credit card debt this card might be suitable for you.
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 the card, Kiwibank would ask you a few questions about these criteria to determine your eligibility.
Note: You have to be a New Zealand permanent resident, and have a good credit history to apply for a Kiwibank Credit Card
In general the following documents are usually required for credit card applications.
One of the following:
If you’re self-employed, you must supply:
A copy of one or two items from List A. If you provide only one item from List A, you must also provide one item from List B.
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.