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Low Interest MasterCard

Low Interest MasterCard

Spread your repayments over longer periods and pay them off slowly but surely

  • A convenient alternative to hire purchase or a personal loan for bigger purchases.
  • Access cash worldwide at ATMs displaying the MasterCard logo.
  • MasterCard PayPassis a new contactless technology. It's a faster, simple way to pay for your purchases.
  • Buy now, pay later with up to 55 days interest free on purchases.
  • MasterCard applause helps you get great seats at prime events.
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More about
Interest rates and fees
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More about
Low Interest MasterCard
  • If you like to pay your credit card off over time, Low Interest MasterCard offers you a convenient alternative to hire purchase agreements.
  • A low interest rate of 12.00% p.a.
  • One competitive three-monthly account fee.
  • You can apply for an additional card for your spouse, a partner, family or friends.
  • Pay your account off in full by the payment due date every month and you wont pay any interest, unless you make a cash advance. Or you can choose to pay off the minimum monthly payment, which is the greater of $10 or 3% of the closing balance of your statement plus any overdue amount.
  • Check your balance or pay your account through phone banking, FastNet Classic or ASB ATMs.
  • Protect yourself with our optional Credit Card Repayment Insurance.
  • ASB MasterCard PayPass cards have a special chip and antenna inside that sends payment data to the terminal at the check out with just one quick tap to the terminal. You'll never have to hand over your card, or forget to get it back. There is a limit of up to $80 per purchase, which means this is great for small purchases.
  • Contactless FAQs

Terms and Conditions: Interest rates subject to change. Subject to ASB credit card lending criteria, Credit Card Conditions of Use and True Rewards Card Conditions of Use.

Low Interest MasterCard cardholders are no longer eligible to have access to a True Rewards Account. However, existing Low Interest MasterCard cardholders who already have access to a True Rewards Account may continue to operate the account.