Kiwibank Credit Cards

Your Kiwibank credit card can be a low-cost way to make credit card transactions or it could open the doors to earning rewards every time you spend – the choice is yours.

There is a complete range of credit card options at Kiwibank, including cards that offer low interest rates, cards with no annual fee plus a range of cards that offer rewards and special privileges and benefits.

Kiwibank is part of New Zealand Post and offers comprehensive banking services through post offices and online, including a selection of personal credit card products that suit a range of different needs and requirements.

Credit cards on offer from Kiwibank

Kiwibank offers two types of credit cards: cards that reduce the cost of paying on credit, and cards which reward you as you use your Kiwibank credit card. Here is a summary of the main types of credit cards on offer from Kiwibank.

• Airpoints rewards credit cards. If you spend a lot on your credit card you should consider one of the Kiwibank Airpoints Credit cards. These rewards cards from Kiwibank offer a varying range of Airpoints as a reward for your credit card spend, with higher annual fee cards such as the Kiwibank Air New Zealand Airpoints Platinum Mastercard offering the biggest return. Airpoints Dollars can be exchanged for flights, car rental or hotel bookings.
• No annual fee credit cards. Paying an account fee on a credit card is not suitable for everyone, and the Kiwibank Mastercard Zero is a good choice if you want to keep your credit card expenses to the minimum. With no account fee as well as a lower interest rate the Kiwibank Mastercard Zero card is a good way to save on your credit card costs. Alternatively, the Kiwibank Air New Zealand Airpoints Low Fee Mastercard offers the opportunity to earn rewards while charging a relatively low annual fee.
• Low purchase rate credit cards. Look into the Kiwibank Low Rate Mastercard if you regularly carry a purchases balance on your credit card account. With the lowest purchases interest rate of all the Kiwibank credit cards, this card can save you money on interest charges in the long run. You could also benefit from interest-free days as well as a low rate on balance transfers for 6-12 months on selected credit cards.
• Business credit cards. Consider a Kiwibank Business Mastercard if you want to manage your business expenses. You can issue cards to each employee who requires a card and make use of the statement breakdown to analyse the spending on your business credit card account.

Benefits of banking with Kiwibank

• Earn Airpoints Dollars as you spend. Apply for one of the Air New Zealand Airpoints credit cards issued by Kiwibank and you can earn rewards on your credit card spend. Earnings range from one Airpoints Dollar for every $160 in spending to one Airpoints Dollar for every $75 in spending, depending on the card you apply for. Exchange your Airpoints for flights, hotel bookings or car rental.
• Complimentary travel insurance. The Kiwibank Mastercard Gold and Kiwibank Air New Zealand Airpoints Platinum Mastercard could cover you with travel insurance for up to 40 days. You need to activate your cover by paying for an element of your trip with your Kiwibank credit card, as specified on the Kiwibank website. The complimentary insurance could compensate you for medical expenses, loss or damage of personal belongings and unforeseeable cancellations and delays.
• Reduce your credit card expenses. Select Kiwibank credit cards offer low interest rates on purchases, while the Kiwibank Mastercard Zero is a card with no annual fee. If you prefer to minimise credit card costs and forego earning rewards, one of these Kiwibank credit cards could be a good option.
• Balance transfers offer. Kiwibank allows you to transfer a balance from a different credit card provider to your Kiwibank credit card at a lower interest rate. You can transfer a balance up to your remaining credit limit and pay from 0% to 1.99% in interest for 6-12 months, after which you’ll pay your standard purchases interest rate.
• The convenience of contactless payments. Every Kiwibank credit card features Mastercard contactless technology, so you can pay for transactions of up to $80 in value simply by tapping your card on the credit card reader. You can continue to authenticate larger value transactions using chip and PIN as you usually would.

How can I apply for a Kiwibank credit card?

Compare Kiwibank cards to credit cards from other providers and if you think a Kiwibank credit card offers the best fit for your requirements, start the simple online application . You’ll need to meet the following requirements to successfully apply.

Eligibility requirements

• Minimum age. You must over 18 years of age to apply.
• Country of residence. You have to be resident in New Zealand.
• Minimum income. Minimum weekly income requirement of $420 after expenses.
• Credit history. You’ll need a credit history absent of any default.

Necessary documents and information

• Income details. You’ll need to supply Kiwibank with complete details of your sources of income, including details of your employer.
• Debts and outgoings. The application form also requires full disclosure of your current debts as well as your regular outgoings, such as rental payments.
• Air New Zealand Airpoints number. If you’re applying for one of the credit cards that earn Airpoints Dollars, you should keep your Airpoints account number ready.

Frequently asked questions about Kiwibank credit cards

See below for the questions most commonly asked about Kiwibank credit cards. We can help you with other questions too. Simply complete the box at the bottom of this page and we’ll answer your personal Kiwibank credit card question.

• Which transactions qualify for earning Airpoints Dollars?

  Almost every transaction you make at a point of sale or at an online merchant will count towards your Airpoints balance, as long as you hold one of the Kiwibank Air New Zealand Airpoints Mastercard products. Some credit card transactions are excluded from earning Airpoints Dollars, for example balance transfers, charges for missed payments and transactions involving cash equivalents such as travellers cheques or gambling chips.

• What are my Airpoints Dollars worth?

  Airpoints Dollars is operated by Air New Zealand. Many people choose to redeem their Airpoints Dollars when they purchase flights, doing so gets you a $1 reduction in the price of your flight for each 1 Airpoints Dollar you redeem. Other redemption options are listed in the Airpoints Dollars store which includes a range of goods, services and travel bookings amongst the choices.

• Do Airpoints Dollars expire, and is there a limit to my total earnings?

  As long as you keep your Kiwibank credit card account open as the main account holder, your Airpoints Dollar balance will never expire. So you can keep collecting rewards until you have a balance large enough to redeem against a large purchase.

• Are business trips covered by the complimentary travel insurance?

  If you hold a Kiwibank Mastercard Gold and Air New Zealand Airpoints Platinum Mastercard you could qualify for complimentary travel insurance for trips of up to 40 days, including business trips. Business trips can qualify for coverage if it’s to attend a business conference, trade fair, training course or business meeting. Any business trips involving manual work or labour are excluded.

• I don’t want to pay an annual fee. Can I still apply for a Kiwibank credit card?

  Most of Kiwibank’s credit cards require you to pay an annual fee, but the Kiwibank Mastercard Zero charges no annual fees or account fees. With the Kiwibank Mastercard Zero, as long as you pay your full balance when you receive your statement, you won’t have to pay back anything other than the cost of purchases you made with your card.

• Do I need to visit my local post office to apply?

  You don’t need to visit a Kiwibank branch to apply for a credit card. Instead, simply complete the online application form or phone the Kiwibank customer care line to start your application.

• Can I add a joint or additional credit card?

  Kiwibank allows you to add a joint cardholder or an additional cardholder to any Kiwibank credit card account. This is free on the Kiwibank Mastercard Zero, but other Kiwibank credit cards will incur an addition six-monthly account fee for the extra cardholder. The fee for additional cardholders is less than the credit card account fee for the main cardholder.

• How much does Kiwibank charge for foreign transactions?

  The bank will convert your overseas transaction into the New Zealand dollar equivalent and then charge a 1.85% international transaction fee on top of that. This fee also applies to goods you purchase from online stores that bill in a foreign currency.

• What is the process for disputing transactions on my Kiwibank credit card bill?

  First, contact the merchant you think has charged you incorrectly. Often the merchant will simply reverse the charge and bill you correctly. If the merchant isn’t any help you can contact the Kiwibank customer care line, the bank will investigate the transaction for you.

Final note

Kiwibank offers you a range of choices allowing you to decide whether you want to pay no annual fee, pay a small annual fee in exchange for rewards or pay a higher annual fee to maximise your rewards earnings.