Zero Visa credit card

Account fee (every six months)

No fee

Joint/additional cardholder account fee (every six months)

No fee

Interest rate on purchases and cash advances

Zero Visa - interest rate on purchases (active)

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

Credit Card balance transfer rate (active) for Credit Card balance transfer rate (active)

After six months our standard purchase interest rates will apply to any remaining balance transferred.

Excludes business credit cards. Interest rates are subject to change. Kiwibank's lending criteria, terms and fees apply.

Minimum credit limit

$500

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.

International transaction fee

When you use your credit card for a 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.