Balance Transfer Credit Card New Zealand

Offer only available to new and approved credit card applicants who apply for an ANZ First credit card account with the balance transfer.

Balance transfer credit card new zealand. A balance transfer happens when you receive a new credit card which takes the balance from an existing card. Youll need to make minimum monthly payments of 5 of your monthly statement balance or 10 whichever is greater to make sure you dont get charged a late payment fee. If youre transferring a balance to one of our Air New Zealand Airpoints credit cards you wont earn Airpoints Dollars on the balance transferred.

This is a limited time only offer which may be withdrawn or changed at any time without notice. When balance transfer rates apply Balance transfer interest rates apply to the amount you transfer from the date the transfer is processed. On balance transfers for six months.

A balance transfer credit card offers you a low or 0 interest rate for an introductory period when you move your existing debt to the new credit card account. The Co-operative Bank and ASB currently offer 00 for 6 months on their cards while Kiwibank charges 199 for 6 months. For 12 months on balances.

Your card must remain within its credit limit after the balance has been transferred. By transferring the balance from all your credit cards and store cards onto one balance transfer card you can consolidate your debt. How balance transfer works.

Balances cannot be transferred to a Mastercard. Balance transfers do not earn Airpoints Dollars or hotpoints. For ANZ Low Rate Visa will apply to any remaining balance transfer amount.

The new credit card will have a low interest rate often 0. This is by far the best low interest credit card on offer - 995 is likely to be a record-low interest rate in New Zealand. This is the interest rate that is charged on the balance transferred to your new card.