Apply for a credit card
You’ll need to have a personal ASB Visa credit card to apply for a balance transfer.
How to transfer your balance
Apply for a balance transfer
Apply to transfer a balance from another banks credit card or selected store card to your personal ASB Visa credit card.
Save on interest
Get 0% p.a. fixed interest on the transferred balance for 6 months.
Explore your options
Compare ASB credit cards
Find the credit card that suits you
ASB Visa Light
Our lowest purchase interest rate, with no account fee
ASB Visa Rewards
Earn rewards on your everyday purchases
ASB Visa Platinum Rewards
Our highest earning rewards credit card
Frequently asked questions
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Where can I transfer a balance from?
Transfers can be made from most non-ASB New Zealand credit cards issued by Visa, MasterCard, American Express, Diners Club, GEM (previously GE), Q Card, Farmers Finance Card, The Warehouse Financial Services and Flight Centre Mastercard.
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Which ASB cards can I transfer a balance to?
A balance can be transferred to any personal ASB Visa credit card.
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How much can I transfer?
You can transfer up to 90% of your available credit card limit up to $20,000 for each transfer. Customers can do two balance transfers per calendar year.
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Is there a fee to transfer a balance to an ASB Visa credit card?
No, there is no fee to transfer your balance. However, credit card fees may apply. Find out more about our rates and fees here.
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What happens after my 0% p.a. balance transfer special offer ends?
When the fixed 0% p.a. special offer ends after 6 months, any remaining balance transferred will attract the standard purchase interest rate for your card type.
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How do I cancel my old card?
If you want to close the card you have transferred a balance from, you’ll need to contact the card issuer directly.
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How are repayments I make to my credit card allocated?
When making repayments ASB applies your payment to the expenses that might attract a higher interest rate before expenses on a lower interest rate. Cash advances and purchases (other than Smart Rate purchases for Visa Light) are paid before balance transfers and Smart Rate purchases.
We're here to help
Visit a branch or call
Visit us at one of our many branches, or call us on 0800 255 382.
ASB's lending criteria and terms apply. Credit card balance transfer terms apply. The standard purchase interest rate for your card type will apply to purchases and, after the 6 month period, to any remaining balance transfer amount. Find standard rates at asb.co.nz. Interest rate on cash advances, currently 22.95% p.a. applies. Other fees may apply, refer to asb.co.nz for details. Offer can be withdrawn at any time.
