Seasonally adjusted total billings in New Zealand rose 6.9% year-on-year to NZD 4.7 billion in September 2026, following an upwardly revised 3.6% increase in August. It was the seventh consecutive month of growth, driven by higher domestic billings on cards issued in New Zealand, which climbed 5.3% to NZD 4.0 billion, while overseas billings grew 3.9%. Meanwhile, total credit limits edged down to NZD 20.8 billion, while credit limit utilisation increased to 28.7% at the end of September. The weighted average effective interest rate on personal interest-bearing advances remained at 20.0% in August 2026.