Kiwibank Zero Visa Credit Card

The basics

• Additional cardholders. Get additional cardholders at no extra cost.
• Digital wallets. Unfortunately, this card is not compatible with Apple Pay and Google Pay.
• Gambling transactions. Kiwibank doesn't block gambling transactions on the Kiwibank Zero Visa Credit Card, but it will apply the cash advance rate and fee.

Rewards and benefits

• Complimentary travel insurance. Kiwibank Zero Visa Credit Card does not offer complimentary international travel insurance.
• Concierge services. Access to a credit card concierge service is not provided.
• Insurances. This card does not offer any insurance coverage. This is typical of cards marketed as being "low fee".
• Rewards points. The Kiwibank Zero Visa Credit Card does not have a rewards program.
• Sign up bonus. There is no sign up bonus for this card.

Rates and fees

• Annual fee. This card has no annual fee, living up to its "Zero" branding.
• Balance transfers. Consolidate non-Kiwibank credit and store card debt with a 6-month introductory balance transfer rate of 1.99% p.a. If any balance remains after the introductory period, the standard variable interest rate for purchases will be applied.
• Cash advances. If you use this card for a cash advance, Kiwibank will charge an interest rate of 12.90% p.a. from the transaction date, i.e. there will be no interest-free days on it. Cash advances also incur a one-off fee.
• Foreign exchange fee. Any purchases made online or overseas in a foreign currency will incur a 1.85% fee.
• Interest-free period. Use up to 55 days interest-free on all purchases except cash advances. To qualify for the interest-free period, your account balance must be paid in full or minimum payments must have been made by the due date.
• Purchases. There is no introductory offer on purchases with the Kiwibank Zero Visa Credit Card. The ongoing interest rate applicable to purchases is 12.90% p.a. Although it's not zero, it's one of the lower ongoing credit card rates available on the market.