NZ Credit Card

By: EconomyWatch Content   Date: 29 January 2010

About The Author

EconomyWatch Content

Follow The Money

EconomyWatch, Content Team

 

  • Dot Div
  •      

In December 2009, there was an increase in the consumer purchases in New Zealand on debit, credit and store cards. This brought some hopes for economic boost for 2010. According to Statistics New Zealand, after electronic cards gained 0.9%, the value of transactions on them increased by 0.7% from November. Some major categories in NZ credit card are standard, business, visa, gold and platinum. 

NZ Credit Card: Types

Here is a peek at the best credit cards offered in New Zealand:

 

American Express: The bank offers the following main credit cards:

American Express Blue Credit Card: This card offers up to 55 days interest free credit and numerous loyalty programs. Some other features are

  • Interest rate of 19.95% p.a.

  • Interest free for up to 55 days

  • Manage your Account online

  • MoneyBack or Membership Rewards programs to choose from

  • Supplementary Cards available for family and friends

Some other cards offered by the bank are American Express Gold Credit Card and Platinum Membership Rewards® Credit Card.


Westpac: This bank offers the following credit cards:

 

Westpac Credit Cards: You can apply for either a MasterCard® card or Visa card. No interest is charged for up to 55 days and the annual fee is the lowest among all credit cards the bank offers.

Gold Credit Card: Best for those looking for a higher credit limit. One can choose from a MasterCard® or Visa card. Also offers online account management and travel insurance benefits.

Hotpoints Credit Card: Cardholders can earn hotpoints® on every purchase made nationally or internationally. Unless the card is cancelled, the hotpoints stay valid for three years. Other benefits include travel, retail and merchandise vouchers.

ASB Bank Limited: Here are the main credit cards offered by this bank:

Master Credit Card: No interest fee is charged on purchases for up to 55 days.

  • Interest rate19.95% p.a.

  • Individual account six-monthly fee $12.00

  • Joint account six-monthly fee is $18.00

MasterCard Gold Credit Card: The cardholder can earn complimentary 90 day travel insurance. This card also features a higher True Rewards Dollar earning rate.

  • Interest 19.95% p.a.

  • Individual account six-monthly fee $40.00

  • Joint account six-monthly fee     $55.00

Visa Business: With this card, you can enjoy individual credit limits at 19.95% p.a. interest rates.


  • Dot Div
  •      

Related News

Most Popular in International Credit Cards

Related Links
blog comments powered by Disqus