Business Low Rate Visa

Take care of business with our Business Low Rate Visa. It's the credit card that helps you manage business expenses how and when it suits you. This is big on convenience and control.
Business credit card V2

Conveniently manage your business expenses

  • Set different spend limits for each cardholder and track spending.

  • Better manage cash flow with up to 55 interest free days on purchases.

  • Automate your expenses by integrating with expense management providers.

  • Add to your phone and pay on the go with Apple Pay and Google Pay™.

How it works

  • Apply online

    Get a decision within minutes using our Fast Capital application by linking your Xero or MYOB AccountRight Live account. We'll use your current financials to assess your application.

  • Interest free days

    To qualify for up to 55 days interest free, you’ll need to pay off your entire outstanding debit balance in full by the due date each month. The interest free period doesn’t apply to cash advances.

  • Minimum monthly payments

    You’ll need to make minimum monthly payments of 5% of your monthly statement balance, or $10, whichever is greater, to make sure you don’t get charged a late payment fee.

  • Protected against unauthorised use

    Your card comes with protection against unauthorised use of your card or account details. You can also set or change your card PIN within the mobile app or internet banking.

  • Add to your mobile wallet

    Add the card to your mobile wallet and pay with your device using Apple Pay or Google Pay. You can also make contactless payments using the physical card.

  • Integration with accounting software

    Simplify your business and financial processes by seamlessly integrating accounting software such as Xero or MYOB.

  • Manage your expenses

    Seamlessly share your business credit card transaction information with expense management providers. To register complete this form.

Interest rates & fees

Interest rates are subject to change.

Account fee (every quarter)

$6.25 per card

Interest rate on purchases & cash advances

738 - Business Low Rate Visa (hardcoded)

Interest free days

Up to 55

Interest free period applies provided you pay off your entire outstanding debit balance in full each month by the due date. Interest free period doesn't apply to cash advances or balance transfers.

Late payment fee

When your minimum payment isn’t received by us on or before the payment date shown in your monthly statement

$3 per late payment

Please note when your monthly statement shows an amount due immediately, any payment you make 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.

International transaction fee

When you use your credit card for a foreign currency transaction that is processed overseas

  • 1.85% of the total amount

You can expect to pay the International Transaction Fee when using your card abroad, and also when in New Zealand if you are shopping with a merchant that processes transactions overseas. Transactions may still be processed overseas, even if the merchant has a website address ending in ‘.co.nz’ and charges you in New Zealand Dollars (NZD). If so, the transaction will incur the fee. Please check with the merchant if it is not clear where a transaction is processed.

Limits

Maximum amount for cash advance

The maximum amount that you can withdraw or transfer from your credit card account.

$1,000 per day from ATMs (no maximum number of withdrawals per day).

$5,000 per day over the counter from banks and financial institutions, and via internet banking (limited to two withdrawals or transfers per day).

Contactless transactions

For purchases up to $200 in New Zealand, just tap your card on the reader to make a purchase. For purchases over $200, you can still tap your card, but you’ll need to sign or enter your PIN to complete the transaction. Different transaction limits may apply overseas.

Apply for a Business Low Rate Visa

Get a decision within minutes using our Fast Capital application by linking your Xero or MYOB AccountRight Live data. Or contact a business banking expert who can talk through your options.

Have a Xero or MYOB account?

If you're a director of a New Zealand registered company with Xero or MYOB AccountRight Live financial data you can apply online through Fast Capital.

Apply now

Talk to a business banking specialist

Talk to one of our business banking specialists. They'll let you know what you need to do and what your options are.

Talk to us

Call us

Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.

We're available Monday to Friday: 8am – 5pm.

Call 0800 601 601

Kiwibank's lending criteria, terms and conditions, and fees apply.

Credit Card accounts with positive balances are protected under the Depositor Compensation Scheme.