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Kiwibank Platinum Visa credit card

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Get built-in travel insurance and a higher credit limit with the Kiwibank Platinum Visa.

While the Kiwibank Platinum Visa has fewer benefits as other similar credit cards, it’s worth considering for anyone who wants a higher credit limit of up to $20,000.

It has a lower interest rate than most platinum cards with reward schemes, and you can take advantage of overseas travel insurance when you use your card to book your travel arrangements.

13.95% APR

Purchase Rate

$80 p.a.

Annual Fee


Product NameKiwibank Platinum Visa
Purchase rate (p.a.)13.95% APR
Annual Fee$80 p.a.
Interest Free PeriodUp to 55 days on purchases
Cash advance rate (p.a.)13.95% APR
Min credit limit$8,000
Max credit limit$20,000
Minimum Monthly Repayment5% of transaction value or $10, whichever is greater
Card TypeVisa
Late Payment Fee$5
Complimentary Travel InsuranceYes
Available To Temporary ResidentsNo
Joint ApplicationYes

Benefits of the Kiwibank Platinum Visa

  • Access to more credit. The minimum credit limit you can apply for is $8,000, with the maximum limit being $20,000.
  • Built-in travel insurance. When you use your Kiwibank Platinum Visa to pay for overseas flights, at least one night of accommodation, a prepaid tour, rental car or transport ticket, you’ll qualify for travel insurance. The policy is provided by Tower Insurance for up to 40 days, and your spouse and dependent children who are travelling with you are also covered.
  • Annual account fee waiver. If you have deposits of at least $150,000 or a home loan with Kiwibank your account fee is waived.
  • Interest-free days. If you pay off your account balance in full before the due date each month you’ll qualify for up to 55 days interest-fee.

Features of the Kiwibank Platinum Visa

  • Interest rate. The Kiwibank Platinum Visa has a purchase interest rate of 13.95% p.a. The same rate applies to cash advances.
  • Account fee. Every 6 months, an account fee of $40 will be charged to your account.
  • Transfer your balance. During promotional periods, Kiwibank will not charge you interest for a specified time frame if you transfer the balance from a non-Kiwibank card to your Kiwibank Platinum Visa. The current promotion on offer is 1.99% p.a. interest for 6 months.
  • FraudWatch International. All Kiwibank credit cards are protected by FraudWatch International with activity being monitored for fraudulent transactions. If a transaction or series of transactions look out of the ordinary, Kiwibank will contact you to confirm that you made the transactions or put a temporary block on the card until they can contact you.

How to apply

If you’re compared it with other credit cards you’re ready to apply for the Kiwibank Platinum Visa, check that you meet the eligibility requirements and that you understand the interest rate, fees and benefits.

To start the process, you can visit a branch or complete an application on the Kiwibank website. Once you have submitted this form, you can expect someone to get in touch with you within 1-3 working days.

Eligibility criteria

  • Be at least 18 years of age
  • Be a New Zealand citizen or permanent resident
  • Have a good credit history and agree to a credit check

Required documents

New customers are required to verify their identity and address before being approved for a Kiwibank credit card. If you have signed up to RealMe, this will save you some time as you can do everything from home.

If you are not set up on RealMe, you will need to take your photo ID and proof of address into a Kiwibank branch.

Acceptable forms of ID include your passport or your driver’s licence and another bank card that has your name and signature on it.

To prove your address, you will need to take with you a bank statement, utility bill, government or doctor’s letter or a store account statement.

Compare other credit cards

Name Product Purchase Rate Interest Free Period Annual Fee
American Express Airpoints Card
0% for 6 months (reverts to 19.95% APR)
Up to 55 days on purchases
$0 p.a.
Be rewarded with 50 bonus Airpoints Dollars. Simply apply, be approved, and spend $750 on your new Card in the first 3 months of membership. This offer is available to new Card Members only.
American Express Airpoints Platinum Card
19.95% APR
Up to 55 days on purchases
$195 p.a.
Be rewarded with 400 bonus Airpoints Dollars when you apply online by 2 November 2020, are approved, and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members only. You will also earn 1 Airpoints Dollar for every $59 you spend on your card.
American Express Platinum Edge Credit Card
2.99% for 6 months (reverts to 19.95% APR)
Up to 55 days on purchases
$149 p.a.
Enjoy a low rate on purchases and earn 20,000 Membership Rewards Bonus Points if you apply, are approved and spend $750 in the first 3 months of Card membership. This offer is available to new Card Members only.
Farmers Mastercard
25.95% APR
Up to 55 days on purchases
$50 p.a.

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