Keep it simple with a Low Rate Mastercard

Our simplest card is low maintenance and goes easy on your wallet with its low purchase interest rate and lean fees.

% p.a. purchase interest rate
  • $5 monthly account fee
  • Up to 55 days interest free
  • $500 minimum limit

No strings, no fuss

Our Low rate Mastercard comes with a range of great features to help you be good with money.

Low interest rate

Keep your credit card costs down with one of the lowest purchase interest rates in the market, and benefit from paying off your highest interest purchases first.

Simple repayments

Managing your repayments is easy with our Low Rate Mastercard. The minimum monthly repayment is 2% of your balance or $25 – whatever is more.

World-leading card security

You'll feel completely at ease with our liquid encryption card security technology, zero fraud liability guarantee and purchase protection.

Change your card type or increase your limit

You can change to a different credit card or increase your credit card limit online.

Peace of mind when you need it

Emergency travel assistance 24 hours a day, every day of the year. Learn more.

World-leading card security

Our liquid encryption security technology re-secures your card each time you use it at one of our ATMs.

You’re covered for fraud

Our zero fraud liability guarantee means we’ll repay any transactions you didn’t make, so you don’t lose out as long as you have complied with your card’s terms and conditions.

Protect your purchases

If you buy something and don’t receive it or you return an item and don’t get a refund, we can help you get your money back if you let us know within 30 days.^

A zero percent rate is smart. A zero balance is even smarter

Get 0% p.a. for 12 months on balances transferred to our Low Rate Mastercard, from a non-BNZ credit or store card. Conditions apply. After 12 months the standard purchase interest rate will apply to transferred balances.

Compare credit card rates, fees, & benefits

See every rate and fee for each of our cards, so you can choose the card that’s right for you.

cards compare v5

Small Print

Low Rate Mastercard eligibility criteria, terms, conditions and other fees apply. Interest rates and account fees are subject to change. An additional fee applies for an additional card/joint account.

  1. NetPromise only applies to online shopping sites with the following features: a padlock, key symbol or a URL that starts “https”; security and privacy statements; and a returns policy.

Read our full credit card terms and conditions or Balance Transfer terms and conditions

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.