Kiwibank Platinum Visa NZ’s top low interest credit card for Kiwis with travel insurance and low fees
A smart, wallet-friendly low interest credit card in NZ for Kiwis, pairing up to 55 days interest-free spending with complimentary overseas travel insurance and a modest $80 annual fee
Practical overview for Kiwis
The Kiwibank Platinum Visa is a strong low interest credit card option in New Zealand, built for everyday budgeting and occasional travel. Kiwis who want to keep borrowing costs down will welcome the card’s low purchase rate and sensible annual fee.
This card blends practical features—up to 55 days interest-free on purchases, complimentary overseas travel insurance and a modest $80 annual fee—making it a competitive pick among NZ low interest credit cards.
Clear costs and competitive rates
With a purchase rate of 13.95% p.a. and a promotional balance transfer rate of 1.99% p.a. for six months (no transfer fee), the Kiwibank Platinum Visa helps reduce interest charges compared with many other cards. Cash advances sit at the same low rate, while foreign transaction fees are 1.85%.
Credit limits typically range from $8,000 to $20,000 depending on your credit history, so the card suits a wide range of incomes and spending styles in NZ. For Kiwis who sometimes carry a balance, this is one of the better low interest credit cards available.
Travel cover and protections
The complimentary overseas travel insurance covers up to 40 days per trip and includes medical emergencies, trip cancellations and luggage cover, which makes Kiwibank Platinum Visa attractive for frequent travellers. The card also provides rental vehicle excess cover and 24-hour emergency assistance while overseas.
For New Zealanders who travel to the Pacific, Australia or further afield, having travel insurance bundled with a low interest credit card reduces the need to buy separate travel-only policies, saving both money and hassle.
Who should apply and how to get it
Ideal applicants are Kiwis over 18 with a stable income and a decent credit history who prioritise lower interest over rewards points. If you value sensible fees, straightforward travel insurance and up to 55 days interest-free spending, this card fits well with everyday financial plans.
Applying is simple online through Kiwibank’s website: have your ID and proof of income ready, check your eligibility, and choose a credit limit suited to your needs. Compare fees and benefits against other NZ cards to be sure it matches your goals.
