• expired

Sign Up to ASB Visa Platinum Rewards Credit Card & Get $300 Cashback (No Min. Spend) @ ASB

200
Sign Up to ASB Visa Platinum Rewards Credit Card & Get $300 Cashback (No Min. Spend) @ ASB
Go to Deal
huffboy on 19/03/2026 - 13:20 asb.co.nz (1219 clicks)
Last edited 15/04/2026 - 12:45 by 2 other users

Get $300 cash back when you open a new ASB Visa Platinum Rewards credit card before 10 May 2026†. No minimum spend required.

ASB Visa Platinum Rewards Credit Card $300 Cash back Terms and Conditions:

† Open a new ASB Visa Platinum Rewards credit card account between 2 March and 10 May 2026 and receive $300 cash back.

Offer is not available for customers who hold or have held an ASB Visa Platinum Rewards credit card account in the past 12 months, transfers from an existing ASB credit card, or in combination with any other offers.

Offer is limited to one award of $300 cash back per eligible and qualifying credit card account, and $300 will be paid to the credit card account by 30 June 2026.

The credit card account must be open at the time of ASB issuing the cash back. Offer is not transferable or redeemable for cash.

Financial Credit Card

Related Stores

ASB Bank
ASB Bank

Comments

Old
Search through all the comments in this post.
  • fatboyj on 19/03/2026 - 14:01
    +6

    $80 annual card fee
    19.95% p.a. purchase interest rate
    Access to overseas travel insurance.
    Earn 1 True Reward Dollar for every $100 spent
    Easily switch to earn Everyday Rewards points

    • Hungryhippo on 19/03/2026 - 14:03

      thank you. sounds like worth it to have it up for 1 year

      • aquafaba on 20/03/2026 - 10:44

        why 1 year? is there no annual card fee for the first year?

  • Jayant Patel on 19/03/2026 - 14:03
    +2

    The fee is charged 6 monthly right so $40? after you get the cash back can you just cancel the card?

    • jackvdbuk on 19/03/2026 - 18:35

      Correct

      • Savy101 on 06/04/2026 - 16:28

        I applied last time and looking to cancel in 6 months , but might keep it as there are no better alternatives . Also have Amex plats

  • akrotohur on 19/03/2026 - 14:18
    +4

    "Offer is not transferable or redeemable for cash", is it not cash to start with?

    • Rash on 19/03/2026 - 14:31

      It is as much cash as a visa gift card is cash

    • spam on 19/03/2026 - 14:53
      +3

      I'm guessing as it says $300 will be paid to the credit card account, it'll be "cash" as a credit in your account.

  • atoms on 19/03/2026 - 15:26

    Am I correct by saying this is the highest earning non-amex rewards credit card currently on offer? 1% cashback if you treat it like cash and use for redemtion at new world and pak n save.

    I'm currently with BNZ but they have recently devalued so likely switching to ASB.

    • jrunv on 19/03/2026 - 15:32
      +2

      TSB has a credit card that has the same cashback but its actually cashback right to the credit card, that cards annual fee is $90 yearly though

      • AppDevNaveen on 19/03/2026 - 15:37

        Yeah I'm using tsb so I guess this is better as it have $80 yearly fees + $300 cashback. That's like a no brainer

      • atoms on 19/03/2026 - 15:47

        Oh that's true. I was with TSB when the cashback was around 1.3%, then switched to BNZ for 1.1%, and after their devaluation I'm looking for something else.

    • Nekomon on 20/03/2026 - 08:33

      Yes, I cancelled my BNZ CC last week and signed up for this ASB CC. So far, only ASB and TSB have similar offers but ASB gives $300 credit to start with. I rather join ASB than TSB. I have another CC with SBS. My impression is the small banks are too conservative to give a high limit.

  • thats mum life on 19/03/2026 - 20:00
    +1

    Likewise needing to switch from BNZ. Currently have a joint BNZ account but I just went to the ASB page and have to go into a branch to set up a joint ASB account. Makes me think just get hubby and I set up as individuals, each get the cashback and then cancel one card after the cash back comes through and then work out how to join accounts later on? Is it wrong to both get the cashback?

    • dealhore on 19/03/2026 - 20:53
      +6

      Nothing wrong with taking a little from these greedy banks with record profits year after year.

    • Nekomon on 20/03/2026 - 08:37

      Fair enough. A supplementary card only costs $15 a year.

  • AClubPenguinUser on 19/03/2026 - 21:53

    Just a straight upgrade from the $300 in everyday vouchers I guess.

  • nzmax on 20/03/2026 - 00:14

    So you would have to spend $8000 per year to break even on the fees? Sharesies spend card looks better in terms of the cashback, due to the lower fee. Also the amount of work they need you to do is excessive when it comes to showing income etc It used to be a simple process

    • Nekomon on 20/03/2026 - 08:44
      -1

      I have that Sharesies debit card which is different from this credit card. Everytime I use a debit card, I have to make sure I have enough funds on the card as it is not a debit card from the bank. Otherwise I have to transfer the funds to the Sharesies card. Generally it took about 1-2 hours for the funds to show up on the card. However, last time it took 48 hours to show on the card. I still like this Sharesies card but it is better to have a high limit CC too.

      • TooFast on 20/03/2026 - 10:04

        Sharesies offers cashback on debit card? How does they work, since they won't be charging retailers the credit card surcharge?

        • Nekomon on 20/03/2026 - 10:23

          Yes, 1% back to invest to any stocks, ETF, funds and etc. This is the new debit card they issued from January this year. Have a look at on their website if you are interested.

        • Breadman on 21/03/2026 - 09:47

          It still uses the credit line so at smaller retailers you pay the surcharge

  • Leviaethel on 21/03/2026 - 15:22

    I’d want to take advantage of this but gearing up for a mortgage - I heard that the bank considers the full credit card limit as potential “debt” even if I cancel up to two years prior to the mortgage assessment?

    • Alan6984 on 21/03/2026 - 17:05
      +2

      I’d want to take advantage of this but gearing up for a mortgage - I heard that the bank considers the full credit card limit as potential “debt” even if I cancel up to two years prior to the mortgage assessment?

      Yep. You can always reduce the credit limit before applying for a mortgage loan then, potentially, increase it again after (if the credit card provider allows you to of course).

      • LuckyB on 23/03/2026 - 19:35

        Min $8000 limit with Platinum card, afaik.

  • ThriftyM8 on 27/03/2026 - 19:03

    The way this is advertised and by what I can find online is this is basically a no holds barred $300 credit.

    Is there any catch or fine print terms & conditions, which are not apparent, that I would need to be aware of before signing up for this?

  • justaddwater on 27/03/2026 - 19:24

    transfers from an existing ASB credit card

    does that mean if you hold an existing credit card from ASB, you're not eligible? e.g. visa light card

    • HollowBones on 27/03/2026 - 23:16
      +1

      Nah, transfer is for moving a different credit card balance over to create this new one. If you have the ASB app, you'll see transfer as a separate option when you try to apply for a new credit card.
      Just holding another credit card shouldn't be an issue.

  • Savy101 on 06/04/2026 - 16:31
    +1

    You should also get a bonus 2000 points
    Get 2,000 points when you switch to Everyday Rewards
    Switch to collecting Everyday Rewards points for the first time with an eligible ASB rewards credit card, and make one qualifying purchase, to get 2,000 bonus points.***

  • AClubPenguinUser on 09/05/2026 - 14:35

    Guessing 'open' refers to being approved before the 10th of May. Might be a bit late to apply now, woops.

Login or Join to leave a comment
Login Join