ASB Visa Platinum Rewards Card - How to Apply Online

The ASB Visa Platinum Rewards Card offers great perks, including travel insurance and exclusive rewards, making it a popular choice in New Zealand.

Applying for the card online is both simple and efficient.

By the end of this article, you’ll understand how to apply online, the card’s various benefits, eligibility criteria, and the steps to complete your application.

Card Benefits

The ASB Visa Platinum Rewards Card offers a variety of valuable perks. Here’s what you can expect:

Rewards Program: Earn points for every purchase.
Travel Insurance: Coverage for trips and travel-related issues.
Purchase Protection: Safeguard against damage or theft of purchases.
Exclusive Offers: Access to special discounts and promotions.
Concierge Service: Assistance with travel, dining, and entertainment needs.
Extended Warranty: Additional coverage on eligible purchases.
VIP Access: Invitations to exclusive events and experiences.

Rewards Program

The ASB Visa Platinum Rewards Card offers a comprehensive rewards program to enhance spending.

Here’s an overview of how the rewards program works:

Points Accumulation: Earn points for every purchase made with the card.
Bonus Points: Opportunities to earn extra points through special promotions or categories.
Redemption Options: Use points for travel, merchandise, gift cards, or statement credits.
Points Expiry: Points may expire; check the terms for details.
Reward Tiers: Potential to earn higher rewards or benefits based on spending levels.
Tracking Points: Monitor and manage your points through the ASB online platform.
Bonus Offers: Access to limited-time offers for earning additional points.
Transfer Options: Possibility to transfer points to partner loyalty programs.
Annual Fee Impact: Consider how the yearly fee affects the overall value of the rewards.
Customer Service: Assistance with understanding and maximizing your rewards.

Interest Rates and Fees

Understanding the specific rates and fees for the ASB Visa Platinum Rewards Card helps you manage costs effectively. Here are the details:

Annual Fee: NZD 150
Purchase Interest Rate: 20.95% p.a.
Cash Advance Interest Rate: 22.95% p.a.
Foreign Transaction Fee: 2.5% of the transaction amount
Late Payment Fee: NZD 15
Over-Limit Fee: NZD 15
Balance Transfer Fee: 1% of the transferred amount
Cash Advance Fee: 2.5% of the transaction amount, minimum NZD 2.50.
Card Replacement Fee: NZD 20
Other Charges: Fees may apply for additional services, such as expedited processing or returned payments

Eligibility Requirements

You must meet specific criteria to apply for the ASB Visa Platinum Rewards Card. Here are the essential requirements:

Age: Must be at least 18 years old
Residency: New Zealand resident
Income: Meet minimum income requirements
Credit Score: A good credit history is necessary
Employment Status: Stable employment or a reliable source of income

Required Documents

Gather the following documents to complete your online ASB Visa Platinum Rewards Card application.

These are necessary for verification and processing:

Identification: Valid passport or driver’s license.
Proof of Income: Recent payslips or tax returns.
Address Verification: Utility bill or bank statement showing your current address.
Employment Details: Proof of employment or self-employment.
Bank Statements: Recent statements to verify financial status.

Application Process

Applying for the ASB Visa Platinum Rewards Card online is a simple and efficient procedure. Follow these steps to complete your application:

Visit the ASB Website: Go to the official ASB website.
Fill Out the Application Form: Complete the online form with your details.
Upload Documents: Submit required identification and proof of income.
Submit Application: Review and send your application for processing.
Application Review: ASB will assess your application and notify you of the decision.

After submitting your online application for the ASB Visa Platinum Rewards Card, you should receive your card within 7 to 10 business days.

This timeframe includes the processing and approval stages.

Tips for a Successful Application

Consider these practical tips to increase your chances of a smooth application process.

Following these guidelines will help ensure your application is complete and accurate:

Verify Accuracy: Double-check all information before submission.
Prepare Documents: Ensure all required documents are up-to-date and correctly formatted.
Review Credit Report: Check your credit report for errors and address any issues beforehand.
Be Clear and Concise: Provide straightforward and precise information in your application.
Contact ASB: Contact ASB if you have any questions or need assistance.

How to Avoid Interest Charges

To keep interest charges on your ASB Visa Platinum Rewards Card to a minimum, consider these strategies:

Pay Your Balance in Full: Clear the balance by the due date.
Make Payments on Time: Ensure payments are made by the due date to avoid late fees.
Set Up Automatic Payments: Automate payments to never miss a due date.
Monitor Your Spending: Keep track of your expenses to stay within your budget.
Utilize Grace Periods: Use the interest-free grace period for new purchases.
Pay More Than the Minimum: Pay more than the minimum payment to reduce your balance faster.
Avoid Cash Advances: Steer clear of cash withdrawals to avoid higher interest rates.

Benefits of the Visa Platinum Card vs. Standard Credit Cards

The ASB Visa Platinum Card offers several advantages over standard credit cards. Here’s how it stands out:

Higher Rewards Rate: Earn more points per dollar spent than standard cards.
Additional Perks: Includes benefits like travel insurance and purchase protection not typically offered with standard cards.
Exclusive Offers: Access to special promotions and discounts available only to Platinum cardholders.
Concierge Service: Personalized assistance for travel, dining, and entertainment needs.
Extended Warranty: Additional coverage on eligible purchases, extending manufacturer warranties.
VIP Access: Invitations to exclusive events and experiences.
Premium Customer Service: Dedicated support and services tailored to Platinum cardholders.

Contact Information

For assistance with your ASB Visa Platinum Rewards Card, you can reach ASB Customer Support at:

Telephone Number: 0800 803 804 (within New Zealand) or +64 9 306 3000 (overseas)
Headquarters Address: North Wharf, 12 Jellicoe Street, Auckland, New Zealand