Rewards Cards · New Zealand
ASB Visa Platinum Rewards
4.4 / 5 editorial rating
Best for: simple 1% rewards with travel insurance and no offshore margin
Annual feeNZ$80/yr
IssuerASB
NetworkVisa
Purchase APR19.95% p.a.
Foreign transaction fee0% from 15 September 2026 (p…
Credit neededAged 18 or over, regular inc…
Pros
- Simple rewards value: TR$1 equals NZ$1
- Overseas travel insurance included
- No Offshore Service Margin from 15 September 2026
Cons
- NZ$80 annual account fee
- Designed for credit limits over NZ$8,000
- 19.95% p.a. if you carry a balance
Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.
The ASB Visa Platinum Rewards earns 1 True Rewards dollar per NZ$100, and TR$1 equals NZ$1. It costs NZ$80 a year and includes overseas travel insurance.
ASB Visa Platinum Rewards at a glance
| Issuer | ASB |
| Card network | Visa |
| Annual fee | NZ$80 |
| Rewards rate | 1 True Rewards dollar per NZ$100 spent (TR$1 = NZ$1) |
| Welcome bonus | See issuer for the current offer |
| Intro APR | 0% p.a. for 6 months on balance transfers |
| Regular APR | 19.95% p.a. |
| Foreign transaction fee | 0% from 15 September 2026 (previously 2.10%) |
| Credit needed | Aged 18 or over, regular income of at least NZ$30,000 a year; suits credit limits over NZ$8,000 |
| Best for | Simple 1% rewards with travel insurance and no offshore margin |
Key features
- 1 True Rewards dollar per NZ$100 spent; TR$1 equals NZ$1
- Up to 90 days of overseas travel insurance per return trip (terms apply)
- 0% p.a. for 6 months on balance transfers
- Up to 55 interest-free days on purchases
- Account fee of NZ$40 every six months
Pros
- Simple rewards value: TR$1 equals NZ$1
- Overseas travel insurance included
- No Offshore Service Margin from 15 September 2026
Cons
- NZ$80 annual account fee
- Designed for credit limits over NZ$8,000
- 19.95% p.a. if you carry a balance
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.
How it compares with similar New Zealand cards
| Card | Annual fee | Rewards | Intro APR | Foreign fee | Credit needed | Rating |
|---|---|---|---|---|---|---|
ASB Visa Platinum RewardsSimple 1% rewards with travel insurance and no offshore margin |
NZ$80/yr | 1 True Rewards dollar per NZ$100 spent (TR$1 = NZ$1) | 0% p.a. for 6 months on balance transfers | 0% from 15 September 2026… | Aged 18 or over, regular incom… | |
BNZ Advantage Visa PlatinumBNZ customers who want points and international travel insurance |
NZ$90/yr | 1.67 BNZ Points per NZ$1 spent; redemption value: see issuer | None | 2.25% | NZ$5,000 minimum credit limit;… |
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