Gem Visa Credit Card NZ for Kiwis with 0% Interest for 6 Months on Purchases Over $250

Quick overview

Kia ora — the Gem Visa is a practical credit option many Kiwis consider when they want a straightforward card with a short interest-free introductory window. It’s positioned for everyday spending and occasional larger purchases, offering clarity on fees and a clear 0% interest promotional period for qualifying purchases.

This card suits people who plan purchases over $250 and can pay down balances within promotional timeframes. With a modest annual fee and a one-off establishment charge, Gem Visa gives predictable costs for budgeting across the year.

Main benefits for Kiwis

The headline benefit is the 0% interest for six months on purchases over $250, which helps spread the cost of appliances, flights or larger buys without interest if you pay as agreed. For everyday expenses under $250, you still get up to 55 interest-free days when you clear the balance by the due date.

Gem Visa is widely accepted across NZ and compatible with eftpos-linked payment habits and online banking. The card’s transparent fee structure and clear minimum repayment rules make it easier for Kiwis to avoid surprise charges and manage household budgets.

Rates, fees and the 0% offer

After the introductory period the annual purchase rate can be high, so this card is best for those who use the 0% window or pay off balances monthly. Cash advances and ongoing purchase rates sit above many low-rate alternatives, so weigh the long-term costs if you expect a carried balance.

Be aware of the $55 annual fee and a one-off $55 establishment fee, plus a minimum repayment requirement (whichever is greater of 1% of closing balance or $25). If you plan large purchases and clear them in six months, the 0% deal can save significant interest compared to standard rates.

How to apply and next steps

Eligibility typically requires proof of stable income, a NZ ID (passport or driver licence) and recent bank statements showing salary deposits. Self-employed applicants should prepare tax returns and financial statements to speed up approval.

Before you apply, compare Gem Visa to similar cards from local banks and providers to check rewards, balance transfer options and long-term rates. If the 0% for six months matches your plan, apply online, upload ID and payslips, then set up automatic payments to protect your credit score.