The following are the fees you pay to have a Kiwibank credit card account (the fees you pay to have a Business MasterCard® are set out in business banking credit card fees section):
$25 every six months (waived for the first year for Tertiary or Graduate Pack customers taking up a Kiwibank credit card for the first time).
$40 every six months (waived if you’ve an outstanding home loan balance or deposits of $150,000 or more on the fee assessment date).
The inactivity fee fee may apply.
$12.50 every six months.
$32.50 every six months.
$75 every six months.
The following are the fees and costs you pay for services on Kiwibank credit cards (the fees and costs you pay for services on a Business MasterCard are set out in business banking credit card fees section):
When you ask us for a replacement credit card.
$10 per card.
When you withdraw or transfer money from your available credit card balance.
Kiwibank ATMs - $2 per transaction.
Other New Zealand ATMs - $2.50 per transaction.
Kiwibank over the counter - $2.50 per transaction.
Other New Zealand banks and financial institutions over the counter - $3 per transaction.
Overseas ATMs - $6 per transaction.
Overseas banks and financial institutions over the counter - $6 per transaction.
Internet banking transfers - $2 per transaction.
Other banks may charge an additional fee.
When you need a replacement or new card or cash while overseas.
$52 per request.
Courier costs will apply.
When you don''t use your Kiwibank MasterCard Zero to purchase goods or services at least once in each consecutive period of three months after the date we open your credit card account.
$15 per three month period.
When you ask us to investigate something about your credit card.
$60 per hour. Minimum fee $15.
What you’ll pay to have more than one card linked to your credit card account.
Kiwibank Low Rate MasterCard – $5 per additional card every six months.
Kiwibank MasterCard Gold – $10 per additional card every six months. We’ll waive this fee if you’ve an outstanding home loan balance or deposits of $150,000 or more on the fee assessment date.
Kiwibank MasterCard Zero – Free.
Air New Zealand Airpoints Low Fee MasterCard – $5 per additional card every six months.
Air New Zealand Airpoints Standard MasterCard – $10 per additional card every six months.
Air New Zealand Airpoints Platinum MasterCard – $15 per additional card every six months.
When your minimum payment isn't received by us on or before the payment date shown in your monthly statement.
When your monthly statement shows an amount due immediately, your payments will be applied to this amount before being applied to your minimum payment. This means that you must pay both amounts to avoid being charged this fee.
$15 per late payment.
When you exceed your maximum credit limit.
$20 each month in which your balance has exceeded your maximum credit limit.
You may ask us not to honour electronic transactions that take you over your maximum credit limit where the merchant can check the available balance in real time.
When you use your credit card for a foreign currency transaction.
2.5% of the New Zealand dollar amount once converted.
When you use phone banking.
First five calls per month free, then:
When you ask us for a copy of a monthly statement.
$5 per statement.
When you need your replacement or new card delivered quickly.
$25 per card for delivery within Auckland, Hamilton, Wellington, Christchurch or Dunedin.
Courier costs will apply for delivery anywhere else in New Zealand.
The emergency card and/or cash if overseas fee will apply for delivery overseas.
When you ask for a copy of a sales voucher.
$15 per voucher.
When MasterCard converts foreign currency into New Zealand dollars, MasterCard makes money on the conversion. MasterCard is the registered trademark of MasterCard International Incorporated. Kiwibank’s lending criteria, terms and conditions, and fees apply. Fees effective as at 19 September 2013. Fees subject to change.
The minimum payment is either 5% of the closing balance of your monthly statement or $10, whichever is greater. You are not required to make a minimum payment if your closing balance is less than $10 (unless we specifically ask you to) or a credit amount. Minimum payments must be made each month (if required) on or before the payment due date shown on your statement.
You may at any time make additional payments over and above your minimum payments. You can make payments to your credit card account in any of the following ways:
a) by automatic payment, bill payment or direct debit;
b) by internet, mobile or phone banking;
c) at your local Kiwibank; and
d) by mailing a cheque to us and enclosing a completed payment slip from the bottom of your monthly statement.
We may at any time require you to immediately pay us all or part of the outstanding debit balance on your credit card account.