Kiwibank Zero Visa credit card

Forget about annual account fees. The Kiwibank Zero Visa has zero account fees and a lower interest rate for purchases.

As well as no annual account fee, the Kiwibank Zero Visa has Kiwibank’s second-lowest interest rate for a credit card. There is no charge for joint or additional cards and you can qualify for up to 55 days interest-free by paying your balance off in full each month.

Depending on when you apply, you may be able to take advantage of Kiwibank’s balance transfer promotion, where you can pay 1.99% p.a. interest for 6 months.

12.9% p.a.

Purchase Rate

$0 p.a.

Annual Fee


Product NameKiwibank Zero Visa
Purchase rate (p.a.)12.9% p.a.
Annual Fee$0 p.a.
Interest Free PeriodUp to 55 days on purchases
Min credit limit$500
Minimum Monthly Payment5% of transaction value or $10, whichever is greater
Card TypeVisa
Late Payment Fee$5
Complimentary Travel InsuranceNo
Available To Temporary ResidentsNo
Joint ApplicationYes

Benefits of the Kiwibank Zero Visa

  • No account fee. You won’t pay any account fees on your Kiwibank Zero Visa from the day you start using it until its expiry date.
  • Lower interest rate. While not the lowest interest rate on offer from Kiwibank, this card does have a rate of 12.9% p.a. for both purchases and cash advances.
  • Joint and additional cards. There are no account fees if you request a joint or additional card for your Kiwibank Zero Visa.

Features of the Kiwibank Zero Visa

  • Interest-free days. If you pay off your balance before the due date each month you qualify for up to 55 days interest-free on purchases.
  • Monthly repayments. Each month you are required to pay either $10 or 5% of the balance, whichever is greater.
  • Balance transfer. Kiwibank runs promotions where you can transfer an outstanding balance from another credit card to your Kiwibank Zero Visa and pay no interest for a specified time period. The current promotion is 1.99% p.a. interest on the transferred balance for 6 months.
  • FraudWatch International. FraudWatch International protects Kiwibank credit cards. All activity is monitored, and if anything looks out of the ordinary, Kiwibank contacts you or put a temporary block on the card until you can verify the transaction is valid.

How to apply

To apply for the Kiwibank Zero Visa, make sure that you meet the eligibility criteria and compare the interest rate and benefits with other credit cards.

You can visit a branch or complete an application form online.

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

Once Kiwibank has reviewed your application, you will need to verify your identity and address if you are a new customer. You may also need to verify overseas tax residency if applicable.

You can verify your identity by sharing your RealMe profile. If you are not set up on RealMe, you can use ID Checker if you have a smartphone, or you need to go into a branch with your identification and proof of address.

  • You can use either your passport or your driver’s licence and another bank card with your name and signature for your identification.
  • For proof of address, a utility bill, bank statement, store account statement, doctor’s letter or government letter from the last six months are sufficient.

You also need to prove your income, but Kiwibank will advise you on what documentation you need to do this.

The bottom line

The Kiwibank Zero Visa is yet another low-interest credit card from Kiwibank. Still, it also offers a lower interest rate on cash advances, which can be crucial to some. Plus, it provides a great choice with zero fees, but make sure you check out the other credit cards on offer before making that decision.

Compare other credit cards

Name Product Purchase Rate Annual fee Balance Transfer Rate
American Express Airpoints Platinum Card
19.95% p.a.
Receive 300 bonus Airpoints Dollars when you apply online, are approved and spend a minimum of $1,500 on your new card within the first 3 months of membership.This offer is available to new Card Members only. Ts&Cs apply. You will also earn 1 Airpoints Dollar for every $59 you spend on your card.
American Express Airpoints Card
0% for 6 months (changes to 19.95% p.a.)
Be rewarded with 100 bonus Airpoints Dollars when you apply by 28 February 2022, are approved and sped $750 on your new card within the first 3 months of membership. This offer is available to new Card Members only. Ts&Cs apply.
American Express Platinum Edge Credit Card
2.99% for 6 months (changes to 19.95% 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. Ts&Cs apply.
American Express Platinum Card
Get the new metal Platinum Card, 80,000 Membership Rewards bonus points, up to $300 dining credit and $200 to spend on travel each year. Offer available to new customers who apply online, are approved and spend at least $1,500 in the first 3 months. Exclusions, Ts&Cs apply.
The Co-operative Bank Fair Rate Credit Card
12.95% p.a.
0% p.a. for 6 months
0% p.a. on balance transfers for 6 months, plus benefit from a low rate of 12.95% on both purchases and cash advances.

Compare up to 4 providers

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