Balance transfer calculator

Use our balance transfer calculator below to help you figure out whether you’ll save money by transferring the balance of your other bank’s credit card or store card to a Kiwibank Credit Card.

This is a guide only. The calculated savings are an example of what you could save – they’re based on your transferred balance being repaid at 5% per month, and assume your current bank’s repayment fee is set at 2%. Using this calculator doesn’t constitute an offer or quote from Kiwibank.

Switch to a Kiwibank Credit Card today and pay only   on the transferred balance for the first 6 months. Apply now.

How it works

  • You can choose any Kiwibank Credit Card from our range of low interest cards or Air New Zealand Airpoints credit cards.
  • You’ll need to transfer at least $200 from another card to qualify.
  • Once your transfer is approved, we’ll pay off your old credit or store card and send you your new Kiwibank card.
  • You’ll pay interest at   on that transferred balance for six months – after six months, any remaining balance will be charged interest at the usual rate for the card you’ve chosen.

Kiwibank lending criteria and credit limits apply. This offer is not available on existing Kiwibank credit card balances or for transfers to any Kiwibank business credit cards. Interest will be charged on the amount you transfer from the date the transfer is processed. After 6 months your balance transfer will be treated as a purchase and our standard interest rate for purchases will apply. That rate will also apply to any new purchases you make on your card. Standard interest rates are subject to change. If you have more than one balance transfer, payments applied to balance transfers will be applied to the balance transfer with the lowest interest rate first. You must transfer a minimum balance of at least $200 from another bank credit or store card.