ASB Visa Platinum Rewards Credit Card

The basics

• Additional cardholders. You can get additional cardholders in your account, but it's $30 p.a. per card. Points earned will accrue under the primary cardholder's account.
• Digital wallets. The ASB Visa Platinum Rewards Credit Card supports Apple Pay and Google Pay.
• Gambling transactions. Gambling transactions are allowed, though they will be treated as a cash advance.

Rewards and benefits

• Complimentary travel insurance. The ASB Visa Platinum Rewards Credit Card provides complimentary international travel insurance, with cover for lost luggage, cancelled flights, and medical emergencies. Spouses and dependent children are covered when travelling with you. Terms and conditions apply.
• Concierge services. There is no credit card concierge service.
• Insurances. This card does not offer additional insurance coverage, for example, price protection.
• Rewards points. Earn 1 True Rewards dollar per $100 spent on eligible purchases. There is no cap on the number of reward points that can be earned each month or year. True Rewards points do not expire as long as you remain an active member of the program. Unlike other programs, True Rewards lacks any airline or hotel transfer partners.
• Sign up bonus. ASB does not have any sign up offer on this card for new customers.

Rates and fees

• Annual fee. There is an ongoing annual fee of $80 p.a. for this card.
• Balance transfers. Consolidate credit and store card debt at 0% p.a. for 6 months. After the introductory period, any remaining balance will be subject to the standard variable interest rate.
• Cash advances. It's 22.95% p.a. for cash advances. Interest accrues immediately from the transaction date. In addition to the applicable interest rate, a one-off fee will be charged.
• Foreign exchange fee. Any purchases made in a foreign currency, either online or while traveling overseas, will incur a 2.10% foreign exchange fee.
• Interest-free period. Offers up to 55 days interest-free on purchases (excluding cash advances) if you pay your account balance in full or make the minimum required payments by the due date.
• Purchases. There is no introductory offer on purchases. The ongoing purchase interest rate is 19.95% p.a. This is around average for a rewards-earning credit card.