Learn How to Apply for an ASB Visa Credit Card – ASB Visa Light with No Annual Fees

The ASB Visa Light Credit Card is designed appropriately to help cardholders keep their credit card costs low. It is one of those cards with the lowest purchase rates and doesn’t charge any fees for using the card all year round.

Now, other than its money-saving feature, this card enables the cardholders to make large purchases and charge them on the credit card since the card doesn’t charge any interest for the first 6 months after applying for the card.

In this review, we evaluate this particular card – the ASB Visa Light Credit Card, especially its main benefits to the cardholder, the fees and charges that are associated with the card, and the complete application process.

Learn How to Apply for an ASB Visa Credit Card - ASB Visa Light with No Annual Fees
Image Source: Asb.co.nz

The ASB Visa Light Credit Card Features and Benefits

This credit card comes with the following features and benefits.

0% Interest for 6 Months

The card comes with a great offer of 0% interest for the first 6 months, which allows you to make a big purchase and pay for it interest-free. After 6 months, however, the interest shall revert back to the standard one.

No Annual Fee

There are no annual fees associated with the credit card, which allows you to save a little bit while using the card, and even if you don’t use it constantly, you are still well covered.

Mobile Payments

You can easily connect your credit card to Apple pay, Google pay, Fitbit Pay, or Garmin and make your payments more secure and stress-free as these apps promote contactless payments where you do not need to carry your card around.

Balance Transfers

The card enables you to transfer large balances from the high-interest cards and pay for them using the free interest rate for 6 months.

Pros/Cons of the ASB Visa Light Credit Card

Pros

  • No annual fee
  • 0% interest rate for 6 months
  • Low interest rate

Cons

  • High cash advance rate
  • The 6 months is short compared to other credit cards

ASB Visa Light Credit Card Fees

When applying for a credit card, it is important to be aware of the fees and interest charged. Below is a list of fees that come with the ASB Visa Light Credit Card.

  • Purchase rate – charged at 13.5% p.a.
  • Cash advance rate – charged at 22.95% p.a.
  • Balance transfer rate – charged at 0% for the first 6 months
  • Annual card fee – nil
  • Interest-free days – up to 55 days
  • Individual account fee – nil
  • Joint account fee – nil
  • Additional card fee – nil
  • Replacement card fee – $10
  • Statement copy fees – $5
  • Late payment fee – $9
Learn How to Apply for an ASB Visa Credit Card - ASB Visa Light with No Annual Fees
Image Source: Asb.co.nz

ASB Visa Light Credit Card eligibility

To qualify for this credit card, you must meet the following requirements.

  • You must be 18 years or older
  • You must be either a permanent resident or a New Zealand citizen.
  • You must agree to a credit check.
  • You must have a regular income.

How to Apply for the ASB Visa Light Credit Card

To apply for this card, you can complete the application form online, or you could visit the branch physically to fill it out.

Now, before you start the application, ensure that you first meet all of the eligibility criteria. The process takes around 5-10 minutes and you shall be required to provide the following information

  • Your name
  • Your address
  • Your financial information
  • Your employer’s details
  • Your expenses information
  • Your debt
  • Any credit cards you wish to transfer to the new card
  • A valid photo ID

ASB Bank Address and Contact Information

To find out more about the ASB Visa Light Credit Card it is advisable to contact the bank directly. ASB Bank can be contacted using the following details.

Address: 12 Jellicoe Street, Auckland Central Auckland 1010, New Zealand

Phone: 0800 803 804 (New Zealand) +64 9 306 3000 (Overseas)

Conclusion

To apply for this credit card, ensure that you meet the eligibility criteria first and that you have all of the required information and documentation. 

It is most ideal when you need to make a large purchase and pay for it over the course of 6 months. All the best.

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.