CREDITCARE

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CreditCare Plus

CreditCare Plus¹ means you will be helped out with paying your credit card debt if life takes a difficult turn:

• If you're unable to work for 30 days or more because of an accident, illness or redundancy, you'll be paid a monthly benefit towards your outstanding balance at the time of the event
• If you suffer a permanent disability or die, your outstanding balance will be paid in full
• You have a 30-day 'free look' period to decide if the policy meets your needs
• Payment's easy – your monthly premium is charged to your credit card account
• No premiums are charged when your monthly statement account balance is zero²
• Premiums are just 79 cents a month for every $100 of your current balance on your monthly credit card statement. You can also get cover for you and the joint cardholder for only $1.29 a month for every $100 of the current balance on your monthly statement.

Download and view the full benefits and conditions PDF 152 KB. To apply for CreditCare Plus call 0800 270 006.

CreditCare Business

Any business can struggle financially if the owner is suddenly unable to work. It's particularly true for small or medium businesses.

CreditCare Business³ is an optional feature that may help take care of your monthly credit card payments when you can't.

• If you're working in paid employment for 20 hours or more per week and are unable to work for 30 days or more due to illness or accident you'll receive a monthly benefit towards your outstanding balance at the time of the event. Limits apply.
• If you're working in paid employment for 20 hours or more per week and suffer a permanent disability, or if you die, your outstanding balance at the time of the event will be paid in full up to a maximum of $25,000
• Your monthly premium is charged to your GlobalPlus Business Visa credit card.
• No premiums are charged when your monthly statement account balance is zero
• Premiums for you are just 61 cents a month for every $100 of your total debit balance shown on your monthly credit card statement. Cover for both you and a joint cardholder costs just $1.01per month for every $100 of your total debit balance shown on your monthly credit card statement.

Download and view the full benefits and conditions PDF 143 KB. To apply for CreditCare Business call 0800 270 006.

1. This information complies with the Investment Savings and Insurance Association standards for the sale of term life and/or disability insurance. This document is not an insurance policy.
2. CreditCare Plus is arranged by BNZ and underwritten by CIGNA Life Insurance New Zealand Limited (CIGNA). BNZ receives a commission for arranging CreditCare Plus. BNZ does not guarantee the obligations of CIGNA. Subject to Terms, Conditions and Exclusions contained in the policy wording. Please note that Airpoint Dollars™ are not earned on CreditCare Plus.
3. CreditCare Business is arranged by BNZ and underwritten by CIGNA Life Insurance New Zealand Limited (CIGNA). BNZ receives a commission for arranging CreditCare Business. BNZ does not guarantee the obligations of CIGNA. If CIGNA refuses a claim, BNZ will not be liable. Subject to terms, conditions and exclusions contained in the policy document. Please note that Airpoint Dollars™ are not earned on CreditCare Business.