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| Card | Description | Purchase Rate (p.a.) | Balance Transfer | Cash Rate (p.a.) | Annual Fee | Interest Free Days |
|---|---|---|---|---|---|---|
 The American Express Airpoints Platinum Card | This is a Great Rewards credit card. It is the FASTEST Airpoints DollarTM earning Platinum Credit Card. Every $59 you spend earns you 1 Airpoints Dollar. Plus get other benefits such as Free Travel Insurance and VIP Lounge access. | 19.95% | N/A | 21.95% p.a. No interest free period. Available for enrolled... | $195.00 | N/A No documents required1 |
 The American Express Airpoints Card | INTEREST FREE on purchases for the first 6 months, plus earn 1 Air New Zealand Airpoints Dollar for every $100 you spend. What's more, you pay No-Annual fee. | 0% p.a. for the first 6 months reverting to 19.95% p.a. ther... | N/A | 21.95% p.a. | $0.00 | N/A No documents required1 |
 The American Express Platinum Edge Credit Card | Earn up to 3 Membership Rewards points per dollar spent, plus get complimentary Travel Insurance and 20,000 Membership Rewards Bonus Points. Terms and conditions apply. | 2.99% p.a. for the first 6 months then reverts to 19.95% p.a... | N/A | 21.95% p.a. No interest free period for Cash Withdrawal. Ava... | $149.00 | N/A No documents required1 |
 Air New Zealand Airpoints Low Fee Mastercard | Earn 1 Airpoints Dollar™ for every: $160 spent on eligible purchases, or $140 spent on products bought directly from Air New Zealand | 16.90% | 1.99% p.a. for the first 6 months on any transferred balance... | 22.95% | $25.00 | 44 days No documents required1 |
 BNZ Advantage Classic Visa Credit Card | Get 1 Fly Buys point for every $40 of eligible spend or $1 Cash Reward for every $150 of eligible spend plus a great balance transfer offer of 0% for 12 months | 20.95% | 0% p.a. for 12 months | 22.95% | $40.00 | 55 days No documents required1 |
 ASB Visa Rewards Credit Card | Get one True Rewards Dollar for every $150 you spend on your ASB Visa Rewards. One True Rewards Dollar equals one New Zealand dollar | 20.95% | 0% for 6 months | 22.95% | $40.00 | 55 days No documents required1 |
 Westpac hotpoints MasterCard Credit Card | Earn 1 hotpoint for every $1 spent on the card plus a balance transfer offer of 1.99% p.a. for 12 months then 5.95% for the life of the balance transferred | 20.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $44.00 | 55 days No documents required1 |
 Westpac Airpoints MasterCard Credit Card | Earn one Airpoints Dollar for every NZD$120 spent on the card plus 0% balance transfer 12 months OR 5.95% for the life of the balance transferred | 20.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $55.00 | 55 days No documents required1 |
 ANZ CashBack Visa Credit Card | Earn up to 1% cash back on eligible purchases on eligible spend up to $30,000 | 20.95% | N/A | 22.95% | $60.00 | 55 days No documents required1 |
 ANZ Airpoints Visa Credit Card | Earn 1 Airpoints DollarTM for every $120 dollars you spend on eligible purchase with the ANZ Airpoint Visa Card | 20.95% | N/A | 22.95% | $65.00 | 44 days No documents required1 |
 Air New Zealand Airpoints Standard Mastercard | Earn 1 Airpoints Dollar™ for every: $120 spent on eligible purchases, or $100 spent on Air New Zealand products | 20.95% | 1.99% p.a. for the first 6 months on any transferred balanc... | 22.95% | $65.00 | 44 days No documents required1 |
 ASB Visa Business Rewards Credit Card | Earn one True Reward Dollar for every $100 you spend in purchases on your card. One True Rewards Dollar equals one New Zealand dollar. | 19.95% | 0% for 6 months | 22.95% | $70.00 | 55 days No documents required1 |
 ASB Visa Platinum Rewards Credit Card | Get one True Rewards Dollar for every $100 you spend plus travel insurance for you, your spouse and your dependent children | 19.95% | 0% for 6 months | 22.95% | $80.00 | 55 days No documents required1 |
 Westpac BusinessPLUS Mastercard with hotpoints | Earn 1.25 hotpoints® on every dollar you spend on your card plus travel insurance for 35 days | 20.95% | 5.95% for the life of the balance transferred | 22.95% | $100.00 | 55 days No documents required1 |
 ANZ CashBack Platinum Card | Earn up to 1% cash back on eligible purchases* - with no limit on the amount of CashBack Rewards you can earn. Minimum spend of $5,000 to qualify | 20.95% | N/A | 22.95% | $125.00 | 55 days No documents required1 |
 Westpac hotpoints Platinum MasterCard Credit Card | Earn 2 hotpoints® for every $1 spent on the card plus a balance transfer offer of 0% for 12 months OR 5.95% for the life of the balance transferred | 20.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $125.00 | 55 days No documents required1 |
 Westpac Airpoints Platinum MasterCard Credit Card | Earn one Airpoints Dollar for every $75 spent on the card plus get 0% p.a. for 12 months OR 5.95% for the life of the balance transferred | 20.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $145.00 | 44 days No documents required1 |
 Westpac Airpoints Business MasterCard Credit Card | Earn one Airpoints Dollar for every NZD$75 spent on the card plus a balance transfer offer of 5.95% for the life of the balance transfered | 20.95% | 5.95% for the life of the balance transfered | 22.95% | $145.00 | 44 days No documents required1 |
 BNZ Advantage Visa Platinum Credit Card | Spend $15 on eligible purchases and get 1 Fly Buys point or spend $75 on eligible purchase and get $1 cash reward. | 18.95% | 0% p.a. for 12 months | 18.95% | $150.00 | 55 days No documents required1 |
 ANZ Airpoints Visa Platinum Credit Card | Earn 1 Airpoints Dollar for every $75 you spend on eligible purchases plus travel insurance, airpoints, no Koru fees etc | 20.95% | N/A | 22.95% | $150.00 | 44 days No documents required1 |
 Air New Zealand Airpoints Platinum MasterCard | Earn 1 Airpoints Dollar™ for every: $75 spent on eligible purchases, or $65 spent on Air New Zealand products bought direct | 20.95% | 1.99% p.a. for the first 6 months on any transferred balanc... | 22.95% | $150.00 | 44 days No documents required1 |
 Westpac hotpoints World MasterCard Credit Card | Earn 3 hotpoints per $1 dollar spent plus free airport lounge access, free travel insurance, purchase protection, extended warranty and more | 16.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $390.00 | 55 days No documents required1 |
 Westpac Airpoints World MasterCard Credit Card | This card is a touch of everything including Airpoints, a relatively low interest rate of 16.95% and a balance transfer offer of 0% for 12 months | 16.95% | 0% p.a. for 12 months OR 5.95% for the life of the balance... | 22.95% | $390.00 | 55 days No documents required1 |
 The American Express Platinum Card | Earn 2 Membership Rewards points per dollar spent on your Card, plus Receive 80,000 Membership Rewards Bonus Points when you apply, are approved and spend $1,500 on your Card within your first 3 months of Card Membership | 0.00% | N/A | $2 per transaction when Express Cash is requested using the... | $1248.00 | N/A No documents required1 |
Credit Card Rewards allow you to earn points by using your Rewards credit card for purchases, and depending on your card, redeem the accumulated points for cash, flights, petrol etc.
Most Rewards Credit Cards also come with other extra benefits such as free travel insurance, free purchase protection, free travel lounge access and more. The best credit cards rewards scheme for you would depend on how you plan to use your credit card, and what extra benefits you find attractive.
Our frequently asked questions below about credit card rewards might provide you with the information you need to choose the best credit card rewards NZ offer to suit your needs. Or if you prefer, you can browse through our selection of the Best Credit Card Rewards in NZ, but keep in mind, the best rewards credit card for you might vary.
The best way to take advantage of credit cards is with a rewards credit card, but a rewards credit card might not be suitable for you if you already have a significant credit card debt or if you expect to carry a sizeable debt on your new credit card.
If you expect to carry a sizeable debt on your credit card, then a low rate credit card might be more suitable for you and if you currently have a significant credit card debt then a balance transfer credit card might be more suitable.
To take advantage of reward credit card deals, you need to take into account the dollar value of the reward points you receive per $100 spent. A reward point from one credit card might be worth 1 cent and from another credit card worth $1. You also need to take into account the extra benefits you get from the credit card reward programme.
If you tend to travel a lot for example, you might find that a free travel lounge access is worth a lot more to you. Of course, you also need to also take into account the annual fee of the card. We have compiled a list of our selected Best Credit Card Rewards in NZ as a guide, but please keep in mind that the best credit card rewards deal is highly subjective.
If you expect to pay off your credit card debt on time and in full without a problems then a reward credit card might be suitable for you as it allows you to take advantage of all the benefits associated with rewards credit cards.
We get asked this question a lot, so we have compiled a list of our selected Best Credit Card Rewards cards, but the best reward credit card for each individual is highly subjective, and we encourage you to review all the Rewards Credits cards and on our rewards credit card page to find the best rewards credit card to suit you personally.
Most credit cards require a minimum repayment to be made each month and if you fail to make this payment then a penalty fee or penalty rate might be applied each month. You need to make sure you understand what penalty rate or fee would apply before purchasing a credit card. Rewards credit cards also tend to have a higher annual fees.
Direct cash withdrawals are also generally charged at a higher rate as indicated by the cash rate on the card details.
In general, rewards credit cards tend to have a higher interest rates than other credit cards. It is rare to find a reward card with a low interest rate, but you have come to the right place; You can use our credit card finder to filter through all the credit cards on here to find exactly what you are looking for. If it exists you are likely to find it on here.
The value of reward points on credit cards can vary significantly from one credit card to another so it does not make sense to compare reward points by volume of points alone. For example, 1,000 points might be worth $1,000 with one credit card and yet just $1 with a different credit card.
You need to understand how much each point is worth and NOT simply go for the credit card with the highest amount of points. Some credit cards also offer bonus points depending on how you use your credit card and how much you spend. This is worth looking into to see if you can get some bonus points.
This depends on the specific credit card. Some credit card reward points can only be redeemed for flights or used in store, whereas others are more flexible and can be redeemed in multiple locations, with some even allowing points to be redeemed as cash.
It is important to think about how you are going to use your reward points before you apply for a reward credit card. For example if you do not fly often then airpoints might not be worth much to you.
Sign up bonus credit cards are not hugely common in New Zealand, but there are some credit card providers such as Amex who do offer sign up bonuses. Use our credit card finder tool to find the right credit card for you.
There are a range of rewards programs available in New Zealand including airpoints, hotpoints, flybuys, purple points and much more.
Some of these programs only allow you to redeem your points for flights or to use in-store whereas others are more flexible and allow you to redeem your points at multiple locations or redeem it for cash.
A reward credit card without a decent balance transfer offer might not be suitable for you if you currently have a significant credit card debt. Instead, you might want to consider a balance transfer credit card with an ongoing low purchase rate.
A reward credit card might also not be suitable for you if you plan to take on a significant credit card debt without paying it off on time. In this case a low interest credit card might be more suitable.
If you have any questions regarding reward credit cards please feel free to contact us. But please keep in mind that we do not offer advice on which credit card to get or which reward program to join – we simply offer the information you need to make a decision. We hope you enjoy our website and we are able to help you find the right credit card for you.
1. Documents not required with initial application, but might be required if your application is successful
