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Domestic interchange fees

Current fees for ASB issued cards.

Visa

Fee programs for Card Present (CP) and Card Not Present (CNP) transactions.

Fee program
Visa Classic, Visa Gold, Visa Platinum and Visa Business 
Industry Program – Government, Utilities & Telecom
NZD 0.70
Industry Program – Insurance
NZD 1.00
Industry Program – Recurring payment
0.70%
Industry Program – Charities
0.39%
Strategic Merchants - CP and CNP - Rate 1
0.50%
Strategic Merchants - CP and CNP - Rate 2
0.55%
Strategic Merchants - CP and CNP - Rate 3
0.60%
Strategic Merchants - CP and CNP - Rate 4
0.70%
Strategic Merchants - CP and CNP - Rate 5
0.80%
Strategic Merchants - CP and CNP - Rate 6
0.98%

 

Category
Visa Classic / Visa Gold
Visa Platinum
Visa Business
Electronic
0.85%
2.10%
2.00%
Standard
1.25%
2.10%
2.00%

Visa Debit

Fee program
Fee
Industry Program – Government, Utilities & Telecom
NZD 0.70
Industry Program – Insurance
NZD 1.00
Industry Program – Recurring payment
0.70%
Industry Program – Charities
0.39%
Strategic Merchants - CP - Rate 1
NZD 0.04
Strategic Merchants - CP - Rate 2
NZD 0.05
Strategic Merchants - CNP - Rate 1
0.50%
Strategic Merchants - CNP - Rate 2
0.55%
Strategic Merchants - CNP - Rate 3
0.60%
Strategic Merchants - CNP - Rate 4
0.70%
Strategic Merchants - CNP - Rate 5
0.80%
Strategic Merchants - CNP - Rate 6
0.98%
Electronic - Card Present
0.30%
Electronic - Card Not Present
1.25%

For more information see Visa New Zealand Interchange details.

Mastercard

Fees for MasterCard, MasterCard Gold and Low Interest MasterCard.

Category
Fee
Charities
0.00%
Strategic Merchants 1
0.50%
Strategic Merchants 2
0.60%
Strategic Merchants 3
0.70%
Contactless
0.50%
Government and Utilities
0.70%
Petroleum
0.60%
Education and Learning
0.80%
Recurring payments
0.70%
SecureCode Merchant UCAF
1.00%
SecureCode Full UCAF
1.20%
Consumer Electronic
1.00%
Consumer Standard
1.40%

For more information see MasterCard NZ Understanding Interchange.

Credit Cards ASB issued cards domestic interchange fees