Get that debt-free feeling, faster

Pay 0% p.a. on any transferred balance for the first 12 months from a non-Kiwibank credit card. Apply by 11 Nov 2018. T&C's apply.

What a Low Rate Mastercard offers

  • When you make purchases on your card you’ll get charged – our lowest credit card rate. Interest rates are subject to change.

  • You'll get up to 55 interest free days, as long as you pay off your entire balance in full every month by the due date. The interest free period doesn't apply to cash advances or balance transfers.

  • You can use Mastercard Contactless to make purchases of up to $80 without swiping, inserting or entering a PIN.

  • Your card will include Microchip technology and Mastercard SecureCode for added security.

  • Enjoy the perks of the $11 Mastercard Wednesday Movie Deal!

Balance transfers

Save interest by paying just 0% p.a. for the first twelve months on any balance transferred from a non-Kiwibank credit card to a Low Rate Mastercard from 15 Oct 2018 - 11 Nov 2018.

How our balance transfer works

  • After twelve months, our standard interest rate of for purchases will apply to any remaining transferred balance.
  • Balance transfer interest rates apply from the date the transfer is processed.
  • The minimum amount you can transfer from a non-Kiwibank credit card is $200.
  • The amount you're transferring from your current card shouldn't exceed the credit limit you're applying for.
  • If you have more than one balance transfer, payments will be applied to the balance transfer with the lowest interest rate first.

Interest rates

Type of interest

Current rate p.a.

Balance transferred from a non-Kiwibank credit card by 11 Nov 2018

0% p.a. for 12 months

Purchase interest rate

Cash advance interest rate

  • You'll need to make minimum monthly payments of 5% of your monthly statement balance or $10 - whichever is greater - to ensure you don't charged a late payment fee.


Fee type

Current fee

Account fee

$24 every six months (waived for the first year for Tertiary or Graduate Pack customers taking up a Kiwibank Credit Card for the first time)

Joint/Additional cardholder account fee

$5 per card every six months

See other fees that apply

Apply now

To apply for a Kiwibank Mastercard you must be at least 18 years of age, a New Zealand permanent resident, and have a good credit history.

Lending criteria, credit limits and terms and conditions (PDF 170.5 KB) apply.

Mastercard is a registered trademark of Mastercard International incorporated.