So just got an email from ANZ saying their earn rate is changing from $75 to $85 for $1 Air Point. Anyone with Westpac, Kiwibank etc get anything similar?
Am considering changing to Kiwibank at the moment anyway as they have a pretty good $300AP/2 years no fees offer.
Enjoy 300 bonus Airpoints Dollars™ with promo code AP300 or
Save $300 with a two-year fee waiver with promo code FW002
Kiwibank is doing a promotion where if you get a new platinum airpoints cc you can choose between $300 airpoints or 2 year fee waiver
https://www.kiwibank.co.nz/personal-banking/credit-cards/air…
Thanks guys.
Hi, I've got the Kiwibank platnium airpoints visa, haven't received any notice about a change to the earn rate.
The change was to the ANZ card I believe.
yip, and the question was "Anyone with Westpac, Kiwibank etc get anything similar?"
What was the change? 75:1 still on the website
@Stoic: True thanks for the update. Havent seen any reports on kiwibank card but they seem to be much the same so time will tell.
Still better than the $90 spend for $1 on my BNZ advantage platinum card… Which I thought was actually pretty good until I saw this thread ;)
PriceGuard should more than make up the difference. The BNZ card is great.
What is priceguard. Sorry I am lazy. Started reading the policy but gave up. Is that like insurance on goods?
Oops - saw this late. If a price drops at the same or equivalent retailer on an item you bought, they refund the difference (with some conditions).
Fair point - just assumed that the other cards also offered similar add-on benefits, so goes to show that earn rate isn't everything. In saying that though, I've had issues with using Price Guard (which I mentioned earlier this year on another discussion thread) that it didn't apply to the a price drop by the same supplier. Though I ended up getting the supplier directly to refund me the difference. Nonetheless, the BNZ card is a decent product.
Why is it better? The pay rate might not be as good as 85 v 1 but you have more choices for airlines (and more competitive rates). Plus the cash back is calculated each month and deducted from closing balance so you save a little bit on interest as well.
I think @Letstaxthis at least partially addressed that a couple of months ago, but it's a valid point for anyone who doesn't clear their balance every month, but if so, you'd probably be better off getting a personal loan (maybe, 12% pa) than paying card interest (maybe, 23% pa).
"Offer not available on transfers from an existing Air New Zealand Airpoints credit card or if you have had one in the last 12 months. "
"if you have had one" - Are they referring to have had one transfer in the past year or a Airpoints credit card ….? I have a Airpoints low fee visa with kiwibank currently and wanted to go for this one
confirmed with Kiwibank they are referring to having had a Airpoints card in the past 12 months..
Just got an email from Westpac saying they are changing to $85 per point now too.
Hi Stoic,
What does '$300AP/2 years no fees offer' mean?
Thanks,
Alan.