The Low Rate Visa is great for everyday use, offering our lowest interest rate on purchases.
Key features and benefits
Our lowest interest rate on purchases, .
Cash advance interest rate of
Up to 55 interest free days on purchases.
Interest rates and fees
Interest rates are subject to change.
Account fee (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 (every six months)
$5 per card
Interest rate on purchases
Interest rate on cash advances
Interest free days
Up to 55
Interest free period applies provided you pay off your entire balance each month by the due date. Interest free period doesn't apply to cash advances or balance transfers.
Balance transferred from a non-Kiwibank credit card
Minimum credit limit
Late payment fee
When your minimum payment isn’t received by us on or before the payment date shown in your monthly statement
$5 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.