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BNZ review

Updated September 28, 2026 · DebitCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

BNZ suits everyday spending in New Zealand, where the debit card carries no monthly fee, and suits points earners willing to pay an annual fee. The credit side is the weak spot: an annual fee of NZD 30 and APR of 13.5% to 20.95% sit well above most rivals on the page.

Key facts

Best for
New Zealand residents who want a free everyday debit card plus points on a credit card.
Annual fee
NZ$30 (Source, checked September 26, 2026)
APR
13.5% to 20.95% (Source, checked September 26, 2026)
Currency conversion fee
2.25% (Source, checked September 26, 2026)
Rewards type
Points (Source, checked September 26, 2026)
Rewards rate
1 point per dollar (Source, checked September 26, 2026)
Perks
Zero Fraud Liability guarantee, NetPromise purchase protection, Visa Secure technology, Emergency card replacement (Source, checked September 26, 2026)
Card kind
Credit (Source, checked September 26, 2026)
Legal entity
Bank of New Zealand (Source, checked September 26, 2026)
Headquarters
New Zealand (Source, checked September 26, 2026)
Founded
1861 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Features
Rewards
Official website
bnz.co.nz

Debit cards

Monthly fee
NZ$0 (Source, checked September 26, 2026)
Currency conversion fee
2.25% (Source, checked September 26, 2026)
Card type
Debit (Source, checked September 26, 2026)
Card network
Visa (Source, checked September 26, 2026)
Legal entity
Bank of New Zealand (Source, checked September 26, 2026)
Headquarters
New Zealand (Source, checked September 26, 2026)
Founded
1861 (Source, checked September 26, 2026)
Support channels
Phone, Help-centre (Source, checked September 26, 2026)
Features
Rewards

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipediaX

Pros and cons

Pros

  • Debit card monthly fee of NZD 0 matches the site median of €0
  • Rewards rate of 1 point per dollar on a points programme, a minority model on the site at 19.8%
  • Zero Fraud Liability guarantee, Visa Secure technology and emergency card replacement come with the card
  • Permitted by the Reserve Bank of New Zealand

Cons

  • Credit card annual fee of NZD 30 ranks the brand at 231 of 301 brands
  • APR of 13.5% to 20.95% is below the site median of 20.97% but not competitive against the cheapest
  • Support runs on phone and help centre, with no live chat or email channel listed
BNZ

Ready to try BNZ?

Scored 9.2 / 10 by DebitCue.

See alternatives

Who it suits

  • New Zealand households that want everyday banking and card rewards from one bank
  • Points earners who will clear the NZD 30 annual fee through rewards
  • Card users who value fraud protection and quick replacement over cashback

Who should look elsewhere

  • Oney Préstamos ES, whose annual fee is €10 and lower than this brand's
  • Amwal, which charges an annual fee of SAR 0
  • Gulf Bank, whose APR is 8.33%, cheaper than this card's 13.5% to 20.95%

How BNZ compares

Where BNZ is available

Available
New Zealand
Licence in New Zealand
Reserve Bank of New Zealand, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Does BNZ charge a monthly fee on its everyday card?+

No. The everyday Visa debit card has a monthly fee of NZD 0, the same as the site median of €0. Everyday spending therefore costs nothing to run on this account.

What does the BNZ credit card cost to keep?+

The credit card carries an annual fee of NZD 30, which is why it ranks at 231 of 301 brands on the site. The site median annual fee is €0.

What interest rate applies if I carry a balance?+

The APR is 13.5% to 20.95% on the BNZ credit card. That sits under the site median of 20.97%, so revolving balances are not the cheapest use of this card.

What rewards do I get for spending on the credit card?+

The credit card pays a rewards rate of 1 point per dollar on a points programme. Points cards like this one make up 19.8% of the site, so the earn rate is worth checking against your own spending.

What currency conversion fee applies?+

BNZ lists a currency conversion fee of 2.25%. For comparison, the site median currency conversion fee is 1% and the top quartile reaches 2.5%, so overseas spending costs more here than on the cheapest cards.

Which regulator licenses BNZ?+

BNZ is licensed in New Zealand by the Reserve Bank of New Zealand. It trades as the Bank of New Zealand and is headquartered in New Zealand.

What fraud protection comes with the card?+

The card includes a Zero Fraud Liability guarantee, Visa Secure technology and emergency card replacement. Purchase protection is also offered through NetPromise.

How can I reach BNZ support?+

Support runs on phone and help centre, so you get a phone line and a help centre. Written channels and live chat are not listed.

Sources

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

BNZ

BNZ

New Zealand residents who want a free everyday debit card plus points on a credit card.

9.2/10See alternatives