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No Annual Fee · New Zealand

Kiwibank Zero Visa

4.3 / 5 editorial rating

Best for: a no-fee everyday card with a low rate on purchases and cash advances

Annual feeNo annual fee
IssuerKiwibank
NetworkVisa
Purchase APR12.90% p.a.
Foreign transaction feeSee issuer
Credit neededKiwibank's lending criteria…

Pros

  • No account fee for any cardholder
  • The low rate also applies to cash advances
  • Low late payment fee

Cons

  • No rewards or travel insurance
  • The currency conversion fee is not shown on the card page

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

The Kiwibank Zero Visa has no account fee for any cardholder and charges 12.90% p.a. on both purchases and cash advances. Balance transfers get 1.99% p.a. for six months.

Kiwibank Zero Visa at a glance

IssuerKiwibank
Card networkVisa
Annual feeNone
Rewards rateNone
Welcome bonusSee issuer for the current offer
Intro APR1.99% p.a. for 6 months on balances transferred from non-Kiwibank credit cards
Regular APR12.90% p.a.
Foreign transaction feeSee issuer
Credit neededKiwibank's lending criteria apply; NZ$500 minimum credit limit
Best forA no-fee everyday card with a low rate on purchases and cash advances

Key features

  • 12.90% p.a. on purchases and cash advances
  • No account fee for primary, joint or additional cardholders
  • Up to 55 interest-free days on purchases
  • 1.99% p.a. for 6 months on balance transfers
  • NZ$5 late payment fee

Pros

  • No account fee for any cardholder
  • The low rate also applies to cash advances
  • Low late payment fee

Cons

  • No rewards or travel insurance
  • The currency conversion fee is not shown on the card page

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: kiwibank.co.nz

How it compares with similar New Zealand cards

CardAnnual feeRewardsIntro APRForeign feeCredit neededRating
Kiwibank Zero VisaA no-fee everyday card with a low rate on purchases and cash advances
None None 1.99% p.a. for 6 months on balances transferred from non-Kiw… See issuer Kiwibank's lending criteria ap… 4.3
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

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