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0% APR Cards · New Zealand

ASB Visa Light

4.5 / 5 editorial rating

Best for: spreading a large purchase at 0% for six months, with no account fee

Annual feeNo annual fee
IssuerASB
NetworkVisa
Purchase APR13.50% p.a.
Foreign transaction fee0% from 15 September 2026 (p…
Credit neededAged 18 or over, NZ citizen…

Pros

  • Automatic 0% on large single purchases
  • No account fee
  • Offshore Service Margin removed from 15 September 2026

Cons

  • Cash advances cost 22.95% p.a.
  • No rewards
  • 0% periods last six months, then 13.50% p.a. applies

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

The ASB Visa Light has no account fee and a 13.50% p.a. purchase rate. Its Smart Rate gives 0% p.a. for six months on any single eligible purchase of NZ$1,000 or more.

ASB Visa Light at a glance

IssuerASB
Card networkVisa
Annual feeNone
Rewards rateNone
Welcome bonusSee issuer for the current offer
Intro APR0% p.a. for 6 months on any single eligible purchase of NZ$1,000 or more (Smart Rate); 0% p.a. for 6 months on balance transfers
Regular APR13.50% p.a.
Foreign transaction fee0% from 15 September 2026 (previously 2.10%)
Credit neededAged 18 or over, NZ citizen or permanent resident; NZ$1,000 minimum credit limit
Best forSpreading a large purchase at 0% for six months, with no account fee

Key features

  • 13.50% p.a. on purchases; 22.95% p.a. on cash advances
  • Smart Rate: 0% p.a. for 6 months on any single eligible purchase of NZ$1,000 or more, applied automatically
  • 0% p.a. fixed for 6 months on balance transfers, then 13.50% p.a.
  • Up to 55 interest-free days on purchases
  • No account fee

Pros

  • Automatic 0% on large single purchases
  • No account fee
  • Offshore Service Margin removed from 15 September 2026

Cons

  • Cash advances cost 22.95% p.a.
  • No rewards
  • 0% periods last six months, then 13.50% p.a. applies

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: asb.co.nz · asb.co.nz · asb.co.nz

How it compares with similar New Zealand cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
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
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
ANZ Airpoints Visa PlatinumAirpoints earners who travel overseas and want no currency conversion charge
NZ$150/yr 1 Airpoints Dollar per NZ$110 on eligible purchases, with no earning l… None 0% NZ$8,000 minimum credit limit;… 4.4

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