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Kiwibank Zero Visa credit card

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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.

13.95% p.a.

Purchase Rate

$0 p.a.

Annual Fee


Product NameKiwibank Zero Visa
Purchase rate (p.a.)13.95% p.a.
Annual Fee$0 p.a.
Interest Free PeriodUp to 55 days on purchases
Min credit limit$500
Minimum Monthly Repayment5% 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 13.95% p.a. for both purchases and cash advances.
  • Joint and additional cards. If you request a joint or additional card for your Kiwibank Zero Visa, there are no account fees.

Features of the Kiwibank Zero Visa

  • Interest-free days. If you pay off your balance before the due date each month you’ll qualify for up to 55 days interest-free on purchases.
  • Monthly repayments. Each month you’ll be 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. Kiwibank credit cards are protected by FraudWatch International. All activity is monitored and if anything looks out of the ordinary, Kiwibank will contact 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 that you have compared 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 will need to go into a branch with your identification and proof of address.

  • For your identification, you can use either your passport or your driver’s licence and another bank card with your name and signature.
  • 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.

Compare other credit cards

Name Product Purchase Rate Interest Free Period Annual fee
Gem Visa Credit Card
25.99% p.a.
Up to 55 days on purchases
6 months interest free on all Visa purchases $250 and over, plus get long-term interest-free deals at retailers nationwide including Apple, Noel Leeming, Mitre 10 and many more.
American Express Airpoints Card
0% for 6 months (reverts to 19.95% p.a.)
Up to 55 days on purchases
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% p.a.
Up to 55 days on purchases
Be rewarded with 400 bonus Airpoints Dollars when you apply online by 30 March 2021, 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% p.a.)
Up to 55 days on purchases
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.

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