The Warehouse Group, a retailer based in New Zealand, has rolled out two new low cost credit cards.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The new Visa-branded cards include the Warehouse Money Visa card and the Purple Credit Visa card.

The cards do not charge any establishment or annual fees, but impose a late payment fee of $15. Both the offerings have a 19.95% interest on purchases.

The Warehouse Money Visa card offers a 5% discount in Warehouse stores as well as online.

The Purple card is a rewards card allowing users to earn two purple dollars for every $150 spent at The Warehouse and one purple dollar for every $150 spend elsewhere.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The rewards can be redeemed only in store at The Warehouse, however, several products are excluded from being purchased with the rewards.

Warehouse chief executive Mark Yeoman said: "Our focus is not so much to grow the debt or credit market in New Zealand, but to provide everyday customers and credit card users more choice and products that are better-suited to their needs."