Get $1 cashback for every $115 spent
Get $1 cashback for every $115 spent on eligible purchases with a new Business Low Rate Visa card from 1 August 2025 to 30 September 2026. Apply and get approved before 28 February 2026 to receive this special offer. Read the full terms and conditions.
This offer is exclusive to a select group of existing Kiwibank customers who have held an Airpoints credit card and would like to apply for a new Business Low Rate Visa for their business. Read the full terms and conditions.
The cashback promotional period begins on 1 August 2025. You can start using your card prior to this date, however you won't earn any cashback until the promotion starts.
Business Low Rate Visa
Key features & benefits
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Interest rate on purchases and cash advances 738 - Business Low Rate Visa (hardcoded)
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Better manage cash flow with up to 55 interest free days on purchases.
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Set different spend limits for each cardholder and get a clear breakdown of who's spending what on your statement each month.
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Avoid errors and save time in reporting by integrating MYOB or Xero accounting software.
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Manage your expenses by integrating with expense management providers.
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Add to your phone and pay on the go with Apple Pay and Google Pay™.
Interest rates & fees
Interest rates are subject to change.
Account fee (every quarter) |
$6.25 per card |
Interest rate on purchases and cash advances |
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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 1.85% of the New Zealand dollar amount once converted. This will show on your internet banking and the mobile app as:
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Replacement card fee |
When you ask us for a replacement credit card
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Urgent card delivery fee (in New Zealand) |
Courier charge for urgent delivery of a credit card in New Zealand
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Urgent card delivery fee (international) |
Courier charge for urgent delivery of a credit card worldwide
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Cash advance fee |
When you withdraw or transfer money from your available credit card balance Internet banking or mobile app.
Cash advance in New Zealand - ATM or staff assisted.
Cash advance overseas - ATM or staff assisted.
Other banks may charge an additional fee. |
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. |
Setting up your card
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Check your regular payments
Regular payments won’t carry over from your Airpoints credit card to your new Business Low Rate Visa. You’ll need to contact those individuals or businesses to update your credit card details to ensure you don’t miss a payment.
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Pay off your Airpoints credit card
If you're closing your Airpoints credit card, you'll need to pay off your remaining balance on the card before closing it as any remaining balance from your Airpoints credit card won't transfer to your new Business Low Rate Visa.
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Still have questions?
We've put together more information about the changes to our Air New Zealand Airpoints™ cards and moving to a Platinum Visa.
Apply for a Business Low Rate Visa with cashback
If you have a Relationship Manager
Download and complete the Business credit card application form. Email the completed form to your Relationship Manager.
Download application formIf you don't have a Relationship Manager
Download and complete the Business credit card application form. Email the completed form along with 12 months worth of business financials to cashbackcard@kiwibank.co.nz.
Download application formIf your business doesn't bank with us
Download and complete the Business credit card application form. Email the completed form along with 12 months worth of business financials cashbackcard@kiwibank.co.nz.
We'll be in touch to help you open a business account.
Download application formIf you've decided to not move to a Platinum Visa, send us a secure message letting us know by September 2025. This will stop us automatically sending you a new card.
Interest rate is subject to change. Kiwibank's lending criteria, terms and conditions, and fees apply.