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Cash Back Cards · New Zealand

ANZ CashBack Visa

4.0 / 5 editorial rating

Best for: simple cash back with a low fee and no currency conversion charge

Annual feeNZ$40/yr
IssuerANZ
NetworkVisa
Purchase APR20.95% p.a.
Foreign transaction fee0%
Credit neededNZ$500 minimum credit limit;…

Pros

  • Cash back instead of points
  • Low NZ$40 annual fee
  • No currency conversion charge

Cons

  • An earn rate of about 0.67% is modest
  • 20.95% p.a. on purchases and cash advances
  • Cash advances, gambling and business spending do not earn cash back

Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.

The ANZ CashBack Visa pays NZ$1 back for every NZ$150 of eligible purchases, for a NZ$40 annual fee. It has no currency conversion charge and up to 55 interest-free days.

ANZ CashBack Visa at a glance

IssuerANZ
Card networkVisa
Annual feeNZ$40
Rewards rateNZ$1 cash back per NZ$150 spent on eligible purchases
Welcome bonusSee issuer for the current offer
Intro APRNone
Regular APR20.95% p.a.
Foreign transaction fee0%
Credit neededNZ$500 minimum credit limit; ANZ's lending criteria apply
Best forSimple cash back with a low fee and no currency conversion charge

Key features

  • NZ$1 cash back for every NZ$150 spent on eligible purchases
  • Up to 55 interest-free days on purchases
  • 0% currency conversion charge
  • Joint or additional card NZ$5 a year
  • NZ$500 minimum credit limit

Pros

  • Cash back instead of points
  • Low NZ$40 annual fee
  • No currency conversion charge

Cons

  • An earn rate of about 0.67% is modest
  • 20.95% p.a. on purchases and cash advances
  • Cash advances, gambling and business spending do not earn cash back

Before you apply: confirm the current annual fee, interest rate, rewards and eligibility on the issuer's official site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.

Sources: anz.co.nz · anz.co.nz

How it compares with similar New Zealand cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
ANZ CashBack VisaSimple cash back with a low fee and no currency conversion charge
NZ$40/yr NZ$1 cash back per NZ$150 spent on eligible purchases None 0% NZ$500 minimum credit limit; A… 4.0
ANZ Low Rate VisaA long, low-rate balance transfer and no-fee overseas spending
None None 1.99% p.a. for the first two years on balance transfers (lim… 0% NZ citizen or permanent reside… 4.6
ASB Visa FlexThe lowest purchase rate, with no account fee and no offshore margin
None None None 0% (no Offshore Service Ma… Aged 18 or over, NZ citizen or… 4.6
ASB Visa LightSpreading a large purchase at 0% for six months, with no account fee
None None 0% p.a. for 6 months on any single eligible purchase of NZ$1… 0% from 15 September 2026… Aged 18 or over, NZ citizen or… 4.5

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