Key features & benefits
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Set different spend limits for each cardholder and get a clear breakdown of who's spending what on your statement each month.
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Better manage cash flow with up to 55 interest free days on purchases.
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Avoid errors and save time in reporting by integrating MYOB or Xero accounting software.
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Manage your expenses by integrating with expense management providers.
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Add to your phone and pay on the go with Apple Pay and Google Pay™.
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Apply and get a decision within minutes with Fast Capital using Xero or a MYOB AccountRight Live subscription.
How it works
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Interest free days
To qualify for up to 55 days interest free, you’ll need to pay off your entire outstanding debit balance in full by the due date each month. The interest free period doesn’t apply to cash advances.
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Minimum monthly payments
You’ll need to make minimum monthly payments of 5% of your monthly statement balance, or $10, whichever is greater, to make sure you don’t get charged a late payment fee.
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Protection
Your card comes with protection against unauthorised use of your card or account details. You can also set or change your card PIN within the mobile app or internet banking.
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Add to your mobile wallet
Add the card to your mobile wallet and pay with your device using Apple Pay or Google Pay. You can also make contactless payments using the physical card.
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Integration with accounting software
Simplify your business and financial processes by seamlessly integrating accounting software such as Xero or MYOB.
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Manage your expenses
Seamlessly share your business credit card transaction information with expense management providers. To register complete this form.
Business borrowing in minutes with Fast Capital
Apply for business borrowing online and get a real-time decision for requests from $5,000 to $1 million. Simply link your business Xero or MYOB AccountRight Live account and we'll use your current financials to assess your application.
Interest rates & fees
Interest rates are subject to change.
Account fee (every quarter) |
$6.25 per card |
Interest rate on purchases and cash advances |
(Special rate of 747 - Campaign - Business Low Rate Visa applies to statements from 1 November 2024 - 30 April 2025) |
Interest free days |
Up to 55 Interest free period applies provided you pay off your entire outstanding debit balance in full each month by the due date. Interest free period doesn't apply to cash advances or balance transfers. |
Late payment fee |
When your minimum payment isn’t received by us on or before the payment date shown in your monthly statement $3 per late payment Please note when your monthly statement shows an amount due immediately, any payment you make will be applied to this amount before being applied to your minimum payment. This means that you must pay both amounts to avoid being charged this fee. |
International transaction fee |
When you use your credit card for a foreign currency transaction 1.85% of the New Zealand dollar amount once converted. This will show on your internet banking and the mobile app as:
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Replacement card fee |
When you ask us for a replacement credit card
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Urgent card delivery fee (in New Zealand) |
Courier charge for urgent delivery of a credit card in New Zealand
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Urgent card delivery fee (international) |
Courier charge for urgent delivery of a credit card worldwide
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Cash advance fee |
When you withdraw or transfer money from your available credit card balance Internet banking or mobile app.
Cash advance in New Zealand - ATM or staff assisted.
Cash advance overseas - ATM or staff assisted.
Other banks may charge an additional fee. |
Limits
Maximum amount for cash advance |
The maximum amount that you can withdraw or transfer from your credit card account. $1,000 per day from ATMs (no maximum number of withdrawals per day). $5,000 per day over the counter from banks and financial institutions, and via internet banking (limited to two withdrawals or transfers per day). |
Contactless transactions |
For purchases up to $200 in New Zealand, just tap your card on the reader to make a purchase. For purchases over $200, you can still tap your card, but you’ll need to sign or enter your PIN to complete the transaction. Different transaction limits may apply overseas. |
Change to business credit card benefits
Effective from 22 October 2024, Corporate Liability Waiver Insurance will be removed as a benefit from our Business Low Rate Visa credit card. For more info see our public notice.
Apply for a Business Low Rate Visa
Get a decision within minutes using our Fast Capital application by linking your Xero or MYOB AccountRight Live data. Or contact a business banking expert who can talk through your options.
Have a Xero or MYOB account?
If you're a director of a New Zealand registered company with Xero or MYOB AccountRight Live financial data you can apply online through Fast Capital.
Apply nowTalk to a business banking specialist
Talk to one of our business banking specialists. They'll let you know what you need to do and what your options are.
Talk to usCall us
Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.
We're available Monday to Friday: 8am – 5pm.
Special rate promotion on Business Low Rate Visa credit card
The 8.00% p.a special rate will be applied to new and existing customers on statements issued from 1 November 2024 until 30 April 2025. After that, the rate will revert to our standard rate of 12.50% p.a. Special rate applies to purchases and cash advances only. Standard 55 days interest free period applies on purchases. Interest rate is subject to change. Kiwibank's lending criteria, terms and conditions, and fees apply.