Westpac bumps BNZ as Air NZ points partner
Mar 23, 2015, 11:12 pm
#61
Join Date: Feb 2007
Programs: NZ Koru
Posts: 6,415
Mar 24, 2015, 12:13 am
#62
Join Date: Dec 2011
Location: New Zealand
Programs: Asiana Silver (2012), AirNZ Jade
Posts: 316
Most definitely not. Banks rely on these devious schemes that make people switch thinking along the same lines as you have mentioned. Any repayments against the card will reduce the intererest free balance and not new purchases. In your case you end up paying upwards of 16-20% interest daily over the 1K you loaded as 'new purchases'. I.e. Depending on how long you repay the remaining 4k balance you will end up paying double digit interest rates for the 1K along plus anything extra you load against the card
Given the World Card doesn't get the first year fee waived. I might go for the Kiwibank. They give $125 bonus APD if you spend $500 in the first 3 months. Westpac only offers 3x points and I don't spend that much. With Westpac to earn $125 APD you need to spend $3,125 under the 3x deal.
Mar 24, 2015, 4:26 am
#63
Join Date: Mar 2014
Location: bne
Programs: Velocity Gold, AIRNZ Elite, Qantas Silver ,Hilton Diamond
Posts: 1,320
credit offered by westpac
They have only offered me about a bit more than a third of what BNZ global grant me
Anyone else found this too?
(I have $110k credit limit with BNZ only granted $45k)
Anyone know if there is a cap on the spending ?
Mar 24, 2015, 5:43 am
#64
Join Date: Jan 2008
Location: AKL
Programs: A3, AA, AF, AS, BA, SQ, UA, US, IHG, SPG
Posts: 352
My guess is they look at your Airpoint Dollars earned from Global Plus spends. I don't know about you guys but I had to log in to my Air NZ account before filling the rest of Westpac form.
They can see your monthly/yearly spend, and give you the limit based on historical data.
You probably spent a lot more with other cards of yours, or you didn't use Global Plus much recently?
No cap on Airpoints earning if that's what you are asking. The cap on spending is your credit limit.
They can see your monthly/yearly spend, and give you the limit based on historical data.
No cap on Airpoints earning if that's what you are asking. The cap on spending is your credit limit.
Hmmh it looks like the credit offered by westpac is a bit mean
They have only offered me about a bit more than a third of what BNZ global grant me
Anyone else found this too?
(I have $110k credit limit with BNZ only granted $45k)
Anyone know if there is a cap on the spending ?
They have only offered me about a bit more than a third of what BNZ global grant me
Anyone else found this too?
(I have $110k credit limit with BNZ only granted $45k)
Anyone know if there is a cap on the spending ?
Mar 24, 2015, 12:50 pm
#65
Join Date: Feb 2007
Programs: NZ Koru
Posts: 6,415
I use my Global Plus more as an charge card, and pay it off weekly so maybe built up decent credit history with them? In the past 7 years of having one never paid any interest on the card so surely not an very valuable user to them.
Mar 24, 2015, 2:22 pm
#66
Join Date: Sep 2011
Location: New Zealand
Programs: NZ*S plus various hotel programs
Posts: 945
Mar 24, 2015, 3:27 pm
#67
Join Date: Oct 2013
Programs: NZ Koru & Silver, Assorted others
Posts: 44
I've applied for Plat but I think I'll change to World since more times than not I shouldn't have to pay the annual fee, although I guess there's no avoiding the very first time they charge the fee at setup, might have to ring...
Anyone changed to Kiwibank Plat? Any kerfuffle?
Anyone changed to Kiwibank Plat? Any kerfuffle?
Mar 24, 2015, 4:39 pm
#68
Join Date: Dec 2014
Programs: NZ*Elite *G, QF*G, SPG*Platinum, Accor*Platinum, Hilton*Gold
Posts: 1,006
In terms of keeping good history, wouldn't it make sense to consider an Amex Platinum Charge Card? Don't look at their transfer partner conversion rates. The AP Travel bookings actually works out to be the same 65/66 Airpoints burn rate per dollar spent (plus platinum Accor). I suppose the only issue is the annual card fee which can be subsidised if you use the IAP travel deal.
Mar 24, 2015, 5:18 pm
#69
Original Poster
Join Date: Apr 2013
Posts: 87
I've applied for Plat but I think I'll change to World since more times than not I shouldn't have to pay the annual fee, although I guess there's no avoiding the very first time they charge the fee at setup, might have to ring...
Anyone changed to Kiwibank Plat? Any kerfuffle?
Anyone changed to Kiwibank Plat? Any kerfuffle?
I'm hopeing I don't have to fill out the standard application and can be fast-tracked like the Westpac card, but I'm not holding my breath. Calling them later today.
Mar 24, 2015, 6:46 pm
#70
Join Date: Jul 2011
Programs: VA Silver, NZ Gold
Posts: 327
ANZ Visa Platinum
- 100 AP when spending $500 in the first 3 months
- no account fee for the first year
- one Airpoint for every $90 spent and one Status Point for every $250
https://www.anz.co.nz/personal/credi...visa-platinum/[/QUOTE]
ANZ just doubled their spending requirement to $1000, and the bonus to 200 APD.
- 100 AP when spending $500 in the first 3 months
- no account fee for the first year
- one Airpoint for every $90 spent and one Status Point for every $250
https://www.anz.co.nz/personal/credi...visa-platinum/[/QUOTE]
ANZ just doubled their spending requirement to $1000, and the bonus to 200 APD.
Mar 24, 2015, 6:57 pm
#71
Join Date: May 2005
Location: Sydney, Australia
Programs: NZ*G ELT, VA-G
Posts: 3,598
ANZ Visa Platinum
- 100 AP when spending $500 in the first 3 months
- no account fee for the first year
- one Airpoint for every $90 spent and one Status Point for every $250
https://www.anz.co.nz/personal/credi...visa-platinum/
ANZ just doubled their spending requirement to $1000, and the bonus to 200 APD.
- 100 AP when spending $500 in the first 3 months
- no account fee for the first year
- one Airpoint for every $90 spent and one Status Point for every $250
https://www.anz.co.nz/personal/credi...visa-platinum/
ANZ just doubled their spending requirement to $1000, and the bonus to 200 APD.
New earn rate from 1 April 2015: Earn 1 Airpoints Dollar for every $75 you spend on eligible purchases* plus 1 Status Point for every $250 you spend on eligible purchases.
Mar 24, 2015, 7:05 pm
#72
Join Date: Dec 2013
Location: Usually Auckland, NZ
Programs: NZ Elite (*G), QF S (OWR), UA 0.14MM
Posts: 690
The NZ Airpoints credit card market just got rather interesting...
ANZ has now moved to match:
- earn rate to $75/APD with other Platinum grade cards (effective 1st April)
- matching Kiwibank in offering a pair of lounge vouchers per $20k churn (which I always found useless and would rather them give you parking vouchers instead as a product differentiator)
And for those existing ANZ or Kiwibank Platinum card holders (and if you haven't already done so), call them up and say "So Westpac is now offering a Platinum Airpoints card with waived annual fee", and both bank will waive your upcoming year's fee pretty much immediately.
Call centre from both pretty much said over the phone (when I called) that they are aware of the increased competition and have higher than usual customer calls in the past week regarding this.
ANZ has now moved to match:
- earn rate to $75/APD with other Platinum grade cards (effective 1st April)
- matching Kiwibank in offering a pair of lounge vouchers per $20k churn (which I always found useless and would rather them give you parking vouchers instead as a product differentiator)
And for those existing ANZ or Kiwibank Platinum card holders (and if you haven't already done so), call them up and say "So Westpac is now offering a Platinum Airpoints card with waived annual fee", and both bank will waive your upcoming year's fee pretty much immediately.
Call centre from both pretty much said over the phone (when I called) that they are aware of the increased competition and have higher than usual customer calls in the past week regarding this.
Mar 24, 2015, 8:46 pm
#74
Join Date: Dec 2014
Programs: NZ*Elite *G, QF*G, SPG*Platinum, Accor*Platinum, Hilton*Gold
Posts: 1,006
Mar 24, 2015, 11:07 pm
#75
Join Date: Mar 2015
Programs: NZ
Posts: 9
I'm a very long term lurker! Also, a Airpoints member of far too long!
Just to say thanks as I've managed to get my ANZ Platinum card annual fees waived for a year. Was told that it was only for new customers but that they would be happy to waive it my case!! Now to call Kiwibank...
Just to say thanks as I've managed to get my ANZ Platinum card annual fees waived for a year. Was told that it was only for new customers but that they would be happy to waive it my case!! Now to call Kiwibank...