Compare credit cards

We bring you the best deals and explain what to look for when choosing the right credit card for you.

Updated: 26 April 2025

The breakdown

  • There are different types of credit cards in NZ, including balance transfer, interest-free, and rewards credit cards. Be sure to choose the right one for your needs.
  • Paying off your credit card in full each month is always the best way to save on interest and fees, and maximise rewards.
  • Credit card companies often run limited time special offers — keep an eye out and grab a great deal.

Author: Kevin McHugh, Head of Publishing at Banked.

There are a number of different kinds of credit cards available, each one suitable for different uses and types of spenders. In this guide we’ll look at each, give you options to compare and explain how to get the best deal.

Balance transfer credit cards

A balance transfer credit card lets you to pay off another card (or cards) at a lower interest rate. This makes them a great option for those who want to pay off credit card debt.

Some credit cards even have 0% interest balance transfer rates for 6 or even 12 months, with special promotions. If you still have a balance outstanding on the card at the end of this period, you will have to pay interest at the card’s standard purchase interest rate.

> Learn more about balance transfer credit cards and compare the best options in our guide

Credit card Balance transfer offer Purchase interest rate (p.a.) Annual fee Promotions
Credit card
ASB Visa Light credit card ASB Visa Light
Balance transfer offer
0% p.a. for 6 months
Purchase interest rate (p.a.)
13.50%
Annual fee
$0
Promotions
N/A
Credit card
ANZ Low Rate Visa ANZ Low Rate Visa
Balance transfer offer
1.99% p.a. for the first two years
Purchase interest rate (p.a.)
13.90%
Annual fee
$0
Promotions
N/A
Credit card
Cooperative-bank-fair-rate-credit-card-200x128 Co-operative Bank Fair Rate
Balance transfer offer
0% p.a. for 6 months
Purchase interest rate (p.a.)
12.95%
Annual fee
$20
Promotions
N/A
Credit card
Kiwibank Zero Visa card Kiwibank Zero Visa
Balance transfer offer
1.99% p.a. for 6 months
Purchase interest rate (p.a.)
12.90%
Annual fee
$0
Promotions
N/A
Credit card
Westpac Airpoints Mastercard Westpac Airpoints Mastercard
Balance transfer offer
5.95% p.a. for the life of the balance.
Purchase interest rate (p.a.)
20.95%
Annual fee
$70
Promotions
Earn 1 Airpoints dollar for every $150 spent
Credit card
ASB Visa Platinum Rewards ASB Visa Platinum Rewards
Balance transfer offer
0% p.a. for 6 months
Purchase interest rate (p.a.)
19.95%
Annual fee
$80
Promotions
Earn 1 True Rewards per $100 spent, or 1 Everyday Rewards point per $1 spent

Airpoints credit cards

Credit cards that earn Air New Zealand Airpoints as you spend are some of the most popular among Kiwis – and that shows with the selection of cards on offer. There are more than 10 credit cards that let you earn Airpoints Dollars on your spend, each with different earn rates and some with bonus Airpoints Dollars on sign up. (See our page on the best credit cards with sign-up bonuses in NZ.) 

Earned Airpoints Dollars can be spent on a wide range of things, including flights and flight upgrades, purchases from the online Airpoints Mall, car rentals, and more.

> Learn more and compare the best Airpoints credit cards in our guide.

Credit card Airpoints earn rate Bonus Airpoints Interest rate (p.a.) Annual fee Promotions Learn more
Credit card
AMEX Airpoints Platinum credit card American Express Airpoints Platinum
Airpoints earn rate
1 Airpoints Dollar per $70
Bonus Airpoints
300 (when you spend $1,500 in the first 3 months. New customers only)
Interest rate (p.a.)
22.95%
Annual fee
$195
Promotions
  • Free travel insurance (overseas and domestic)
  • Free smartphone screen insurance
  • 4x airport lounge visits per year
  • 1 Status point per $250
Learn more


Read the review
Credit card
AMEX Airpoints credit card American Express Airpoints
Airpoints earn rate
1 Airpoints Dollar per $100
Bonus Airpoints
50
Interest rate (p.a.)
22.95%
Annual fee
$0
Promotions
  • 6 months interest-free on purchases
Learn more


Read the review
Credit card
anz-airpoints-visa-200x128-min ANZ Airpoints Visa
Airpoints earn rate
1 Airpoints Dollar per $170
Bonus Airpoints
0
Interest rate (p.a.)
20.95%
Annual fee
$65
Promotions
None currently
Learn more
Credit card
ANZ Airpoints Visa Platinum ANZ Airpoints Visa Platinum
Airpoints earn rate
1 Airpoints Dollar per $110
Bonus Airpoints
0
Interest rate (p.a.)
20.95%
Annual fee
$150
Promotions
  • 1 Status point per $250
  • Free overseas travel insurance
Learn more
Credit card
Westpac Airpoints™ Mastercard Westpac Airpoints Mastercard
Airpoints earn rate
1 Airpoints Dollar per $150
Bonus Airpoints
0
Interest rate (p.a.)
20.95%
Annual fee
$70
Promotions
None currently
Learn more
Credit card
Westpac Airpoints Platinum Mastercard Westpac Airpoints Platinum Mastercard
Airpoints earn rate
1 Airpoints Dollar per $110
Bonus Airpoints
0
Interest rate (p.a.)
20.95%
Annual fee
$125
Promotions
  • 1 Status point per $225
  • Free overseas travel insurance
Learn more
Credit card
Westpac Airpoints World Mastercard Westpac Airpoints World Mastercard
Airpoints earn rate
1 Airpoints Dollar per $95
Bonus Airpoints
0
Interest rate (p.a.)
16.95%
Annual fee
$310
Promotions
  • 1 Status point per $225
  • Free overseas travel insurance
Learn more

Rewards credit cards

If Airpoints aren’t for you, other credit cards will let you earn points you can redeem on your shopping, give you discounts on your petrol, or even just give you back a percentage of how much you’ve spent.

Rewards schemes including True Rewards and hotpoints all have credit cards through which you can earn when you spend.

Rewards credit cards are a big topic so we created a separate guide for it. 

> Compare all rewards credit cards in our guide.

Cashback credit cards

A cashback reward might be the most straightforward way to get rewarded for spending on your credit card. Instead of earning points that can often only be used for a limited selection of purchases, a cashback card simply refunds a portion of money you’ve spent back.

However, there are a smaller selection of cashback credit cards than some other types and the earn rate is often not as good as some Airpoints or other rewards cards.

> Check out our guide and compare cashback credit cards.

Credit card Cashback earn rate Purchase interest rate (p.a.) Annual fee Benefits
Credit card
TSB Platinum Mastercard TSB Platinum Mastercard
Cashback earn rate
$1 for every $100
Purchase interest rate (p.a.)
20.95%
Annual fee
$90
Benefits
  • Complimentary international and domestic travel insurance.
  • Complimentary mobile phone insurance.
Credit card
SBS Visa SBS Visa
Cashback earn rate
$1 for every $150
Purchase interest rate (p.a.)
19.65%
Annual fee
$0
Benefits
None currently
Credit card
anz-cashback-visa ANZ Cashback Visa
Cashback earn rate
$1 for every $150
Purchase interest rate (p.a.)
20.95%
Annual fee
$40
Benefits
None currently
Credit card
ANZ Cashback Visa Platinum ANZ CashBack Visa Platinum
Cashback earn rate
$1 for every $120
Purchase interest rate (p.a.)
20.95%
Annual fee
$80
Benefits
None currently
Credit card
BNZ Advantage Visa Classic BNZ Advantage Visa Classic
Cashback earn rate
$1 for every $150 (via BNZ Rewards)
Purchase interest rate (p.a.)
20.95%
Annual fee
$40
Benefits
None currently
Credit card
BNZ Advantage Visa Platinum BNZ Advantage Visa Platinum
Cashback earn rate
$1 for every $90 (via BNZ Rewards)
Purchase interest rate (p.a.)
18.95%
Annual fee
$90
Benefits
  • Complimentary international travel insurance

Credit cards with complimentary travel insurance

A key perk for many, all of the major credit card providers offer at least one credit card that comes with complimentary travel insurance. This means there is no shortage of choice.

These cards tend to be more premium and offer travel insurance as one of several perks. For this reason, many credit cards that offer complimentary travel insurance also offer rewards for spending on the card.

Compare your options below, or read our complete guide on credit cards with travel insurance to help you choose the best.

If you’re looking for the right prepaid travel card, compare travel money cards with our guide. Alternatively, check out our guide to the best travel credit cards

Credit card Coverage Key policy details Annual fee Other features Learn more
Credit card
AMEX Airpoints Platinum credit card American Express Airpoints Platinum
Coverage
International and domestic travel
Key policy details
  • Personal baggage: $30,000
  • Medical emergency and repatriation: $2,500,000
  • Cancellation of journey: $30,000
Annual fee
$195
Other features
  • Earn Airpoints on spend
  • 300 bonus Airpoints on sign up (Ts&Cs apply)
  • Airport lounge access
  • Smartphone screen insurance
Learn more


Read the review
Credit card
American Express Gold Rewards Card American Express Gold Rewards Card
Coverage
International and domestic travel
Key policy details
  • Personal baggage: $30,000
  • Medical emergency and repatriation: $2,500,000
  • Cancellation of journey: $30,000
Annual fee
$200
Other features
  • $200 cash back on sign up (Tc&Cs apply)
  • $200 dining credit annually
  • Metal card
Learn more

Read the review
Credit card
ANZ Airpoints Visa Platinum ANZ Airpoints Visa Platinum
Coverage
International only
Key policy details
  • Personal baggage: $30,000
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$150
Other features
  • Earn Airpoints
  • 50% bonus Status Points
Learn more
Credit card
TSB Platinum Credit Card TSB Platinum Mastercard
Coverage
International and domestic travel
Key policy details
  • Personal baggage: $4,000
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: $10,000
Annual fee
$90
Other features
  • Earn cashback
  • Mobile phone insurance
Learn more
Credit card
BNZ Advantage Visa Platinum BNZ Advantage Visa Platinum
Coverage
International only
Key policy details
  • Personal baggage: $10,000
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$90
Other features
  • Earn BNZ Rewards
Learn more
Credit card
ASB Visa Platinum Rewards ASB Visa Platinum
Coverage
International only
Key policy details
  • Personal baggage: $20,000
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$80
Other features
  • Earn True Rewards or Everyday Rewards
Learn more
Credit card
Westpac Airpoints Platinum Mastercard Westpac Airpoints Platinum Mastercard
Coverage
International only
Key policy details
  • Personal baggage: $12,500
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$125
Other features
  • Earn Airpoints on spend
  • Extended warranty insurance
Credit card
Westpac Airpoints World Mastercard Westpac Airpoints World Mastercard
Coverage
International only
Key policy details
  • Personal baggage: $12,500
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$310
Other features
  • Earn Airpoints on spend
  • Extended warranty insurance
  • Airport lounge access
  • Valet parking eVouchers
Credit card
wesptac-hotpoints-platinum-mastercard_200x128 Westpac hotpoints World Mastercard
Coverage
International only
Key policy details
  • Personal baggage: $12,500
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$285
Other features
  • Earn hotpoints on spend
  • Extended warranty insurance
  • Airport lounge access
Credit card
Westpac hotpoints Platinum Mastercard Westpac hotpoints Platinum Mastercard
Coverage
International only
Key policy details
  • Personal baggage: $12,500
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$70
Other features
  • Earn hotpoints on spend
  • Extended warranty insurance
Credit card
Kiwibank Platinum Visa Kiwibank Platinum Visa
Coverage
International only
Key policy details
  • Personal baggage: $20,000
  • Medical emergency and repatriation: Unlimited
  • Cancellation of journey: Unlimited
Annual fee
$50
Other features
N/A

Interest-free credit cards

Interest-free, or 0% purchase credit cards let you spend on your credit card and not pay any interest for a period of time.

Some credit cards offer 0% interest on all purchases for a period of time, usually 3 to 6 months. Others offer long-term interest free finance of up to 24 months at particular retailers.

> Learn more and find the best interest-free credit cards deals available.

Credit card Interest-free offer Long-term, interest free finance deals Interest rate (p.a.) Annual fee Promotions Learn more
Credit card
Gem visa Gem Visa
Interest-free offer
6 months interest free on all purchases $250 and over.
Long-term, interest free finance deals
Up to 2 years interest-free on purchases from brands including Target, Helloworld Travel and Mitre 10.
Interest rate (p.a.)
29.49%
Annual fee
$65
Promotions
None currently
Learn more
More on the Gem Visa
Credit card
q-mastercard-200x128-min Q Mastercard
Interest-free offer
3 months interest on all purchases, no minimum spend.
Long-term, interest free finance deals
Up to 4 years interest-free on purchases from brands including Harrisons, PB Tech and Michael Hill.
Interest rate (p.a.)
28.95%
Annual fee
$50
Promotions
Varies
Learn more
More on the Q Mastercard
Credit card
famers-mastercard-200x128-min Farmers Mastercard
Interest-free offer
N/A
Long-term, interest free finance deals
Up to 2 years interest-free on purchases from brands including Farmers, JB Hi-Fi and House of Travel.
Interest rate (p.a.)
28.50%
Annual fee
$50
Promotions
  • Earn 1 Farmers Club Point per $10 spend
Learn more
More on the Farmers Mastercard
Credit card
flightcentre-mastercard-200x128-min Flight Centre Mastercard
Interest-free offer
N/A
Long-term, interest free finance deals
Up to 2 years interest-free on purchases from brands including Flight Centre, JB Hi-Fi and Evolution Cycles.
Interest rate (p.a.)
24.99%
Annual fee
$50
Promotions
  • 1.5 Flight Centre Rewards per $100 spend
Learn more
More on the Flight Centre Mastercard
Credit card
purple-visa-200x128-min Purple Visa
Interest-free offer
N/A
Long-term, interest free finance deals
1 year interest free at Noel Leeming ,Torpedo 7, or The Market. Long-term finance deals also at the Warehouse
Interest rate (p.a.)
26.65%
Annual fee
$55
Promotions
  • Earn 1 Purple Dollar per $1 spend
Learn more
More on the Purple Visa

Credit cards with no annual fee

No-annual-fee (or ‘free’) credit cards don’t include a regular fee for having the card, as many other types of cards do.

The trade-off is that they also typically don’t have the added reward or perks that some types of cards do (although there are exceptions).

Credit cards with no annual fee can be a sensible choice for light users, or those who just want a card as backup.

> Compare your options below or learn more about no-annual-fee credit cards in our full guide.

Credit card Interest rate (p.a.) Annual fee Rewards Perks Learn more
Credit card
AMEX Airpoints credit card American Express Airpoints
Interest rate (p.a.)
22.95%
Annual fee
$0
Rewards
1 Airpoints Dollar per $100 spent
Perks
  • 50 bonus Airpoints Dollars on sign up
  • 6 months interest-free on purchases
Learn more


Read the review
Credit card
ASB Visa Flex credit card ASB Visa Flex
Interest rate (p.a.)
9.95%
Annual fee
$0
Rewards
None
Perks
None
Learn more
Credit card
ASB Visa Light credit card ASB Visa Light
Interest rate (p.a.)
13.50%
Annual fee
$0
Rewards
None
Perks
  • Balance transfer: 0% for 6 months
Learn more
Credit card
Westpac Fee Free Mastercard Westpac Fee Free Mastercard
Interest rate (p.a.)
12.90%
Annual fee
$0
Rewards
None
Perks
  • Balance transfer: 5.95% for the life of the balance
Learn more
Credit card
Kiwibank Zero Visa card Kiwibank Zero Visa
Interest rate (p.a.)
12.90%
Annual fee
$0
Rewards
None
Perks
  • Balance transfer: 1.99% for 6 months
Learn more
Credit card
SBS Visa SBS Visa
Interest rate (p.a.)
18.5%
Annual fee
$0
Rewards
$1 cashback for every $150 spent
Perks
None
Learn more
Credit card
ANZ Low Rate Visa ANZ Low Rate Visa
Interest rate (p.a.)
13.90%
Annual fee
$0
Rewards
None
Perks
  • Balance transfer: 1.99% for the first 2 years
Learn more

Low-rate credit cards

Low-rate cards are simply credit cards that have a lower interest rate than most other credit cards. These usually charge around 10% to 13% on purchases. Some also have a lower rate than average on cash advances.

It’s rare that this type of card offers rewards, but they can be a great choice if you usually don’t pay off your credit card balance in full each month.

What is a credit card?

Credit card

A credit card is a way of paying for something straight away without using your own money. When you pay for something with a credit card, the card issuer is essentially lending you the money and you have to pay it back later.

A credit card lets you spread the cost of purchases over time. You will be charged interest on the money you owe, unless you pay off your card within a specified period of time (usually 44 to 55 days, depending on the credit card provider).

Credit card interest explained

Percent symbol

We explain what kind of transactions you will be charged interest on, how you will be charged, and what interest-free days are.

The types of credit card interest

There are three types of interest you can be charged for using a credit card:

  • Purchase interest: The interest charged on any purchase you make on the card. Depending on the card, this can range from 10% to 28% per year, or ‘per annum’ (p.a.).
  • Cash advance interest: The interest charged when you either draw money out from an ATM, buy a cash substitute (such as a gift card), or use your card for gambling. This is usually higher than a card’s purchase interest rate and can vary from 10% to 29% per year.
  • Balance transfer interest: The interest charged on any balance transferred over to the card. Note that not all credit cards let you transfer a balance from another card. Balance transfer interest rates vary from 0% for a limited time, up to around 1.99% for 2 years.

How interest is charged on your credit card

Interest on transactions you make accumulates (but is not charged) on a daily basis. This means that you will collect a little more interest on a purchase made at the start of your statement period than one made towards the end.

But remember: If you pay the outstanding balance of your credit card in full each month, you won’t pay any interest, no matter when your transactions were made. This is because you paid off within the interest-free period available to you.

Interest-free days

All credit cards have an interest-free period for transactions, which will be either up to 44 or 55 days, depending on the card provider. This doesn’t include special interest-free credit cards which can have much longer periods.

The ‘up to’ part is very important as the exact number of interest-free days you have will depend on when you make the transaction within your statement period.

Here’s an example of how it works with a credit card that offers 55 interest-free days:

  • 1 September — the start of your statement period: You make a purchase.
  • 30 September: Your credit card statement for the month is created. Your statement explains how much you owe and the due date.
  • 25 October — the end of your statement period: Your payment due date.

If you paid the full amount owing on your card by the due date, you would take advantage of all 55 interest-free days and would have no interest to pay. If you only made a minimum payment, the full interest accumulated during that 55-day period would be charged.

Credit card fees explained

Fees graphic

While credit cards may have lots of possible fees, depending on how you use your credit card, you may not be charged many (or any) of them.

These are some of the most common credit card fees:

  • Annual fee: Many credit cards include an annual fee for the use of the card. Annual fees can range from $20 to over $1,000 (see the American Express Platinum card). They are either charged in one go when you sign up for the card (and each year thereafter), or they’re broken down into 2 payments, 6 months apart.
  • Joint account fee: Most credit card companies will charge a fee for sharing the credit card account with another cardholder. This fee will range from $10 to $30 each year per extra cardholder.
  • Cash advance fee: As well as attracting a higher rate of interest, some credit card companies will charge a fee for withdrawing cash or similar from your credit card. Banks will often charge more for withdrawing from a teller instead of using an ATM. Fees can range from less than $1 to $3.
  • Currency conversion fee: Nearly all credit cards will charge you a fee if you use your card abroad or if you buy something online in another currency. These fees fluctuate, but they are typically around 1-2% of the value of the transaction.
    If you’re looking you use your card while you’re abroad, you will likely be better off with a prepaid travel money card or travel credit card.
  • Late payment fee: If you don’t make at least the minimum payment by your credit card’s due date, you will be hit with this charge. Late payment fees range from $5 to $10.

Are you eligible for a credit card?

Required criteria

Credit card companies have their own criteria for deciding who they will give a credit card to, but there are some standard requirements most applicants will have to meet.

  • You must be 18 or over.
  • You must be a New Zealand citizen or a permanent resident: American Express and ANZ will also accept applications from temporary residents with relevant visas.
  • You must meet a minimum credit history requirement: This minimum requirement will vary from bank to bank and card to card. Unlike in some other countries, New Zealand banks don’t publicise the minimum credit score required to be granted a card.
  • You must meet a minimum income requirement: Again, most credit card companies sadly don’t advertise what this requirement is.

How credit card companies are regulated in New Zealand

Credit cards fall under the Credit Contracts and Consumer Finance Act (CCCFA).
The law aims to protect people in a number of ways, including by ensuring:

  • Consumers are aware of what they are signing up for
  • Consumers can request changes to a credit contract if they’re suffering financial hardship
  • That interest rates and fees are not excessive.

What to do if you have a problem with your credit card company

If you think your credit card company has acted unfairly or unlawfully, these are the steps you can take.

1. Try to resolve it with your credit card company

Your first step is attempting to come to some kind of resolution directly with your credit card company.

2. Complain to the relevant dispute resolution scheme

All credit card companies in New Zealand must legally be members of a dispute resolution scheme. These schemes are fair and independent and can help you resolve the problem with your credit card company.

Not all credit card companies are members of the same scheme. Each credit card issuer and the dispute resolution scheme they are a part of can be found below.

Credit card issuerDispute resolution scheme
  • ANZ
  • ASB
  • BNZ
  • The Co-operative Bank
  • Kiwibank
  • SBS
  • TSB
  • Westpac
Banking Ombudsman Scheme
  • Warehouse Money
  • Gem Finance
Insurance & Financial Services Ombudsman Scheme
  • American Express
  • FlexiGroup
Financial Services Complaints Ltd.

3. Make a report to the Commerce Commission

The Commerce Commission enforces the CCCFA and investigates companies that don’t comply.

However, the Commerce Commission is concerned with the best outcome for all New Zealanders and so won’t fight for you specifically. It may not even investigate your case in particular if they don’t feel it’s part of a wider problem.

Alternatives to a credit card

Personal loans graphic

A credit card can be a very useful financial tool for everyday spending, paying off some forms of debt, earning rewards and more. But depending on your needs, there may be an alternative that saves you money.

Buy now, pay later

Services like Afterpay, Laybuy and Humm have exploded in popularity in New Zealand. They provide easy access to credit and let users pay off small-to-medium purchases, interest-free, over a period of weeks or months.

These buy now, pay later (BNPL) services are accessible and easy to use, but they carry late fees that can be substantial relative to the amount of money spent. This makes them a problematic credit option, and they must be used wisely.

Consider if: you want to make fairly small purchases and are certain you can meet each of the payment instalments.

Personal loan

A personal loan can be a strong choice if you need to fund a bigger expenditure. Whether you want to buy a new car, renovate your kitchen, or something else, you will likely get a better interest rate with a personal loan than a credit card.

It’s also more likely that you will be able to borrow more from a bank or other lender than what’s available on your credit card.

> Find out more and compare loans in our guide.

Consider if: you need to make a larger purchase and are happy to make repayments over a longer period.

Debt consolidation loan

Using a loan to consolidate debt can be a good idea if you are struggling to manage other debts with higher interest rates.

But if your debt is only on credit cards, a balance transfer credit card is likely a better option. The interest rate on a balance transfer credit card is likely to beat that of any debt consolidation loan, especially if you get a 0% deal for a period of time in which you can pay off the debt.

> Learn more about debt consolidation loans and compare options.

Consider if: you need to pay off debt of different kinds. If you just have credit card debt, check out a balance transfer credit card.

Which companies offer credit cards in New Zealand?

Here is a breakdown of all companies that currently offer credit cards, and the types of cards they offer.

CompanyCards they offer

American Express

American Express logo

Offers a range of cards, from the American Express Airpoints card with no annual fee, to the top-tier, rewards-laden Platinum card.

American Express specialises in cards that offer Airpoints Dollars and its cards have the best earn rates around.

Our Head of Publishing found out how widely AMEX credit cards are accepted in our latest guide.

Check out our guide to choosing the best American Express credit card.

ANZ

ANZ logo

As you’d expect from the country’s biggest bank, ANZ has a selection of cards to suit most needs.

Options include a low-rate visa and a cashback rewards card.

ASB

ASB logo

From the low-rate Visa Flex to the Platinum Rewards Card, ASB has a good selection of cards.

The bank has its own rewards schemes that let customers earn either True Rewards or Everyday Rewards at a number of partner stores.

BNZ

BNZ logo

BNZ has 4 cards available suitable for different needs.

Some BNZ cards let customers collect BNZ Rewards on their spend.

The Co-Operative Bank

Co-operative Bank logo

The Co-operative Bank has just one credit card available: the Fair Rate card which has a low purchase interest rate and 0% on balance transfers for 6 months.

FlexiGroup

Flexigroup logo

The FlexiGroup name probably won’t sound familiar, but their card brands might. With the Farmers, Flight Centre and Q Mastercards, Flexigroup specialises in interest-free, long-term finance credit cards.

Gem Finance

Gem Finance logo

Gem Finance has just one credit card available in New Zealand. The Gem Visa offers 6 months of interest-free finance on all Visa purchases over $250.

Kiwibank

Kiwibank logo

New Zealand’s own Kiwibank offers cards ranging from the low-rate Zero Visa with no annual fee, to the Platinum Visa.

SBS Bank

SBS Bank logo

SBS has 1 credit card available to Kiwi consumers: the SBS Visa Credit Card. The bank no longer offers the SBS Pink Ribbon Visa.

TSB

TSB logo

TSB just has the Classic credit card available, offering 0% on balance transfers for 6 months.

Westpac

Westpac logo

Westpac has the widest selection of credit cards of all companies.

The Westpac card selection covers everything from low-rate and Airpoints cards, to cards with the bank’s own hotpoints rewards scheme.

Picture of Kevin McHugh

Kevin McHugh

Kevin is the founder and Head of Publishing at Banked. With years of experience working in personal finance, insurance, and related areas, Kevin created Banked to help Kiwis make better financial decisions.