BNZ Advantage Visa Platinum Credit Card
Rewards as you spend, a range of benefits and privileges make it worth taking a look at the BNZ Advantage Visa Platinum Credit Card.
Frequent travellers will enjoy the benefits on offer with a BNZ Advantage Visa Platinum Credit Card, including travel insurance and a concierge service to help you with travel bookings.
18.95% p.a.
Purchase Rate
$90 p.a.
Annual Fee
$15,000
Minimum Income
Details
| Product Name | BNZ Advantage Visa Platinum Credit Card |
|---|---|
| Purchase rate (p.a.) | 18.95% p.a. |
| Annual Fee | $90 p.a. |
| Interest Free Period | Up to 55 days on purchases |
| Cash advance rate (p.a.) | 18.95% APR |
| Min credit limit | $8,000 |
| Minimum Monthly Repayment | 2% of transaction value or $25, whichever is greater |
| Minimum Income | $15,000 |
| Card Type | Visa |
| Late Payment Fee | $2 |
| Complimentary Travel Insurance | Yes |
| Available To Temporary Residents | No |
| Joint Application | Yes |
BNZ Advantage Visa Platinum Credit Card review
Spending on the BNZ Advantage Visa Platinum Credit Card gives you a choice between earning Fly Buys points, which has a range of redemption options, and earning Cash Rewards, which you can easily convert into cashback.
This card can offer complimentary travel insurance too, covering you for up to 3 months, as well as an extended warranty, purchase insurance and a price guarantee. You also get access to a concierge for assistance with travel and leisure bookings.
The card charges an annual account fee of $90, which is due in two equal instalments, but many people will find that the benefits outweigh the fee charged.
Finder NZ does not currently have access to this credit card provider. Please review the product details, application criteria and terms and conditions on the provider’s website if you are considering applying for this product.
Benefits of the BNZ Advantage Visa Platinum Credit Card
- Rewards when you pay with your card. Choose whether you prefer to receive Fly Buys points at a rate of 1 point for each $15 you spend or Cash Rewards equal to $1 for every $90 spent on your card. You can exchange Fly Buys points for goods and services, while Cash Rewards gives you cashback.
- Turn rewards into cash. Both rewards options allow you to turn your credit card rewards into cash by depositing the rewards you earn into a BNZ KiwiSaver Scheme account.
- Travel insurance. The BNZ Advantage Visa Platinum Credit Card can cover you for a period of 3 months days per leisure trip, including benefits such as cancellation cover and cover for medical expenses.
- Concierge service. For fuss-free travel bookings, make use of the BNZ Advantage Visa Platinum Credit Card’s complimentary concierge service. The concierge service can also book last-minute dinner arrangements anywhere in the world.
- Extended warranty and purchase insurance. Your high-value purchases are covered with a one-year extended warranty on qualifying items. Items bought with your BNZ Platinum Card also receive 90 days of cover against theft, loss or damage from the date of their purchase.
- PriceGuard protection. If you find an item you purchased with your card cheaper elsewhere, BNZ will refund the price difference as long as the item is more than NZ$150 in value.
- 55 days of interest-free credit. If you clear your balance every month, you can get up to 55 days of 0% interest on your credit card purchases.
Features of the BNZ Advantage Visa Platinum Credit Card
This credit card provides a range of travel and insurance benefits as well as rewards every time you make a transaction. You can see some of the card’s key features below.
- Account fee. You’ll be charged $45 every six months for a total card fee of $90 every year.
- Supplementary card. Add 2 supplementary cardholders to your account in exchange for $10 every six months. The supplementary cardholder will enjoy the card’s insurance and travel benefits as well as earn rewards.
- Contactless and mobile payments. Pay conveniently by tapping your card or mobile phone on the card reader thanks to contactless payment technology and support for Android Pay and Apple Pay.
- Instant cash. Use your card to get cash advances of up to $7,500 per day, subject to your available credit limit.
- Online banking. Manage your account online, including access to your latest transactions and historical statements.
- Fraud cover. BNZ won’t expect you to pay for a transaction you did not authorise, including fraudulent use of your credit card.
How to apply for BNZ Advantage Visa Platinum Credit Card
Application criteria
- Earn $15,000 a year or more
- 18 years of age or over
- Resident of New Zealand
- A clean credit file
Required information/documents
- Full personal information, including NZ driver’s license, if available
- Address details
- Income and employment particulars
- Financial information including existing debts, assets and spending commitments
You can speed up your application by providing a driver’s license. Without your driver’s license, BNZ will need to perform further identification checks.