Don’t forget to take advantage of
our Q Mastercard benefits

Terms and conditions

^Lending criteria, $50 annual Account Fee, fees, T&Cs apply. Zero interest, zero payments for three months available on all Q Mastercard Standard Purchases (excludes Long Term Finance and Cash Advances). Standard Interest Rate, currently 28.50% p.a., applies to outstanding balance at end of interest free period. Other interest rates and fees may apply and are subject to change, see qcard.co.nz for full details. $55 Establishment Fee applies to your first Long Term Finance (LTF) transaction, $35 Advance Fee applies to subsequent LTF transactions.

^*1.99% p.a. interest for 12 months balance transfer terms and conditions apply.

1. 1.99% p.a. interest for 12 months (‘Balance Transfer Promotional Period’) balance transfer (‘Offer’) is available for new approved customers, from Q Mastercard applications submitted from 14 March 2024 12:00am to 14 April 2024 11:59pm New Zealand local time (inclusive) (“Offer Period”). Applications received outside the Offer Period will be ineligible.   
2. Promotional rate not available in conjunction with any other promotion. 
3. To be eligible to redeem this Offer you must use promo code BALANCETRANSFER on the first page of your application.
4. Cards issued by our related entities (Farmers Mastercard, Farmers Finance Card, Q Card and Flight Centre Mastercard) are excluded and are not eligible to have their balances transferred.
5. Eligible approved customers for the Offer will be able to transfer up to 5 eligible credit card balances over to their new Q Mastercard Account. The total amount transferred across all cards can be up to your available credit limit on a Q Mastercard account. 
6. For a credit card to be eligible to have its balance transferred in accordance with this Offer, you must be transferring funds from a New Zealand issued personal credit or store card and must have a minimum transferred balance of $500 per card being transferred. 
7. The Balance Transfer must be submitted via the Q Mastercard online portal within 45 days from the day the application is approved and opened. You will initiate the balance transfer through your customer “My Account” dashboard. You must agree to the Balance Transfer Terms and Conditions displayed in the portal. 1.99% p.a. interest for 12 months (Balance Transfer Interest Period) will apply to the transferred amount. Standard Interest Rate, currently 28.50% p.a. applies to any outstanding balance at end of the Balance Transfer Interest Period. 
8. There is a limit of one balance transfer application per customer. Balance transfers may take up to 5 business days to complete.
9. Minimum monthly payments of 3% of the monthly closing balance on your statement are required. 
10. Q Mastercard will allocate payments in relation to your balance transfer in accordance with the Q Mastercard terms and conditions. We will allocate payments received from you to pay off the portion of your balance attracting the highest interest rate first and subsequently to portions of your balance attracting lower interest rates. This may mean applying any and all payments made to your Q Mastercard account to pay off other transactions such as, instalment plans, purchases, and cash advances before any balance transfer amount. 
11. Q Mastercard may decline any balance transfer request, including but not limited to, where your Q Mastercard account is in arrears, in dispute or over-the-limit. Q Mastercard terms and conditions apply (as applicable).
12. You may want to consider getting independent financial advice as to whether a balance transfer is appropriate for you.
13. Credit provided by Columbus Financial Services Limited.