Freestyle
Get the things you need with a loan that's ready when you are.
And, if you apply online we will give you a response to your application in 60 seconds.
OverviewRates & FeesDetailsHow to apply
Freestyle is a MasterCard with a revolving credit limit and an interest rate that is lower than many other credit cards or hire purchase agreements. It's ideal for purchasing big-ticket items and gives you the power of a loan that's ready when you are.
- No annual account fee - unlike most credit cards, you only pay a purchase fee when you use it.
- Low interest rate.
- Balance transfer rate - transfer your balance from another bank’s credit card and pay just 2.99% p.a. interest for six months on the balance transferred. After six months the standard interest rate will apply.
- Extended Warranty insurance - either double the original manufacturer's warranty or extend it by up to 24 months.
- Flexibility - draw up to your credit limit whenever you like. As long as you repay the minimum amount each month, you can repay as much or as little as you choose.
- The power of a cash buyer. By making a cash advance at an ATM on your Freestyle card you'll be in a far stronger position to negotiate a better deal for yourself.
- National Bank Global Services - exclusive access to 24 hour emergency assistance when travelling overseas.
- 24 hour, 365 day access to funds through ATMs and MasterCard merchants, in New Zealand and overseas.
- Convenient payment options. You can choose to pay by direct debit, automatic payment, Online Banking, by mail or at any National Bank branch. You can also set up a bill payment to your credit card through Online Banking.
Please note that currency conversion charges and some fees apply when you use your card overseas.
*Length of extended warranty depends on the length of the manufacturer's warranty. Conditions and exclusions apply to the extended warranty benefit and can be found in the Freestyle card's Conditions of Use available at any National Bank branch.
Rates
|
|
Interest rates displayed are subject to change. Interest rate is calculated from the date of each transaction.
|
→Purchase Rate
|
16.50% p.a. |
→Cash Advance Rate
|
16.50% p.a. |
Fees
|
| →Freestyle account fee (no charge for additional cards) |
No charge |
| →Purchase fee (capped at $10.00 per month) |
$5.00 per purchase transaction |
Extended Warranty on purchases
Designed to give you peace of mind for big-ticket purchases. When you make a purchase with your Freestyle card
you'll automatically receive Extended Warranty cover, which will either double the original manufacturer's
warranty or extend it by up to 24 months (depending on the length of the manufacturer's warranty).
How our Extended Warranty will benefit you:
Manufacturer's
Warranty
|
Extended
Warranty
|
Total Warranty
Period*
|
| 6 months |
6 months |
12 months |
| 12 months |
12 months |
24 months |
| 24 months |
24 months |
48 months |
| 36 months |
12 months |
48 months |
|
*The total warranty period cannot exceed 48 months. Conditions and exclusions apply to the extended warranty
benefit and can be found in the card's Conditions of Use, available at any National Bank branch.
|
Convenient payment options
You have the option to pay your monthly bill by automatic payment, direct debit or by bill payment through
Online Banking. You must ensure that your payment at least covers the minimum monthly amount due
(3% of the outstanding balance).
Use the Freestyle calculator to work out what your repayments
will be and how long it will take to repay.
Additional benefits
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Worldwide, 24 hour, toll-free access to National Bank Global Services -
for things like lost and stolen cards, emergency card replacement and emergency cash advances.
- Additional card option.
- CardCover repayment protection.
-
It's a MasterCard so can be used at over 80,000 locations in New Zealand and millions more worldwide.
Please note that currency conversion charges and some
fees apply when you use your card overseas.
You can apply for a Freestyle card online and we will respond to your application in 60 seconds, or visit how to apply to view all our credit card application options.
Transfer your balance from another bank's credit card to a
National Bank credit card.
If you'd like more information, send us an e-mail, or call us on 0800 741 741.
Our lending criteria apply. Interest rates are current as at 10 August 2007 and are subject to change. Read our .