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Explained: How will the new debit card by Sharesies work?

Author
Newstalk ZB,
Publish Date
Thu, 9 Oct 2025, 3:31pm
Tens of thousands of customers have signed up to be on the Sharesies Debit Mastercard waiting list, the trading platform says.
Tens of thousands of customers have signed up to be on the Sharesies Debit Mastercard waiting list, the trading platform says.

Explained: How will the new debit card by Sharesies work?

Author
Newstalk ZB,
Publish Date
Thu, 9 Oct 2025, 3:31pm

Sharesies is launching its own debit card today and promising the new product will be a change from traditional card reward programmes.

The micro-trading platform says the Sharesies Debit Mastercard will earn customers 1% “Investback”.

That meant earnings accrued from using the card would automatically be invested on a weekly basis into a nominated investment on the Sharesies app.

Sharesies Personal General Manager Scott Nixon joined the Afternoons team to discuss further.

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