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Westpac bumps BNZ as Air NZ points partner

Westpac bumps BNZ as Air NZ points partner

Old Mar 18, 15, 6:21 pm
  #1  
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Join Date: Apr 2013
Location: NZ
Programs: NZ G, QF S
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Westpac bumps BNZ as Air NZ points partner

Westpac has replaced rival bank BNZ as Air New Zealand's newest airpoints rewards partner, bringing an end to a relationship spanning almost two decades.

BNZ and Air New Zealand announced that they had decided not to renew the agreement between them, which would cease at midnight on April 30.

Westpac will step into the void, offering a range of reward cards, an airpoints-earning mortgage, and other products to come.

Air New Zealand said it had conducted a review into the value offered by BNZ.

"Following the review, it was clear that Westpac were able to offer a wider range of airpoints earning products at better earn rates for our customers," the airline said.

http://www.stuff.co.nz/business/6744...points-partner
ZaphB is offline  
Old Mar 18, 15, 7:07 pm
  #2  
 
Join Date: Mar 2013
Location: New Zealand
Programs: QF Platinum, NZ Elite, AZ Freccia Alata Plus, VA Gold, Hilton Gold, Accor Gold, Priority Pass
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Oh well, no more GlobalPlus for me then.
DomesticGoddess is offline  
Old Mar 18, 15, 7:18 pm
  #3  
 
Join Date: May 2005
Location: Sydney, Australia
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What a shame. I have been a GlobalPlus card holder for more than a decade.
Xiaotung is offline  
Old Mar 18, 15, 7:29 pm
  #4  
 
Join Date: Sep 2011
Location: New Zealand
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Originally Posted by Xiaotung View Post
What a shame. I have been a GlobalPlus card holder for more than a decade.
I wonder if Qantas will look to jump in to replace Airpoints for BNZ?
Trumpkin is offline  
Old Mar 18, 15, 7:39 pm
  #5  
 
Join Date: Jun 2010
Location: Auckland, Aotearoa
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Registration of interest for the new Westpac cards here:

https://www.westpac.co.nz/credit-car...your-interest/
MikeAKL is offline  
Old Mar 18, 15, 7:45 pm
  #6  
 
Join Date: May 2005
Location: Sydney, Australia
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Originally Posted by MikeAKL View Post
Registration of interest for the new Westpac cards here:

https://www.westpac.co.nz/credit-car...your-interest/
They ask specifically if you are a GlobalPlus cardholder. I wonder if they will match card type, credit limit, etc without the usual applying procedures.

I have to say the design of the Westpac cards are ugly. I would much prefer to have the Koru logo to Airpoints logo.
Xiaotung is offline  
Old Mar 18, 15, 8:12 pm
  #7  
 
Join Date: Nov 2011
Location: SYD
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Have to spend more for each SP on Westpac than with Airpoints Plat card- not interested.
pbl22 is offline  
Old Mar 18, 15, 8:13 pm
  #8  
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Originally Posted by Xiaotung View Post
They ask specifically if you are a GlobalPlus cardholder. I wonder if they will match card type, credit limit, etc without the usual applying procedures.
The last time I analysed the choices KiwiBank came up tops. I'll have to sit down and work it out again.

It's a real pity from my perspective as the BNZ gave me a 3 year waiver on the annual fee for changing from the Gold Card to the Platinum card.
ZaphB is offline  
Old Mar 18, 15, 8:14 pm
  #9  
 
Join Date: Feb 2007
Programs: NZ Koru
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Looks like its now pointless to have an GobalPlus, time to look for an new bank I think.

ANZ has got an deal we're you get an extra 100ADP if you spent $500 in your first 3 months.
cavemanzk is offline  
Old Mar 18, 15, 8:18 pm
  #10  
 
Join Date: Oct 2013
Programs: NZ Koru & Silver, Assorted others
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I rung Westpac straight away and the chap on the phone entered some details so they can assess which card they are going to offer me, didn't have to supply anything other than airpoints membership number and contact details. I asked if they would make me an offer without having to go through financial paperwork and he said yes, will wait and see what plays out...
flysally is offline  
Old Mar 18, 15, 8:36 pm
  #11  
 
Join Date: Feb 2007
Programs: NZ Koru
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Does this mean goodbye OneSmart? they are issued through BNZ
cavemanzk is offline  
Old Mar 18, 15, 8:58 pm
  #12  
 
Join Date: May 2005
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Originally Posted by cavemanzk View Post
Does this mean goodbye OneSmart? they are issued through BNZ
I doubt it. I think Air NZ bank with BNZ and it doesn't mean they will switch their banking. And Fly Buys is also co-owned by BNZ.

I think this is only related to GlobalPlus products. The ability to convert Fly Buys points may be coming to an end though as you are required to be a GlobalPlus cardholder to do it.

The highlight of the Westpac cards is the World MasterCard if you are a high spender with the best Airpoints earn rate, even better rate if you spend overseas. That's no surprise as Westpac charges the highest foreign exchange fee (2.5% vs BNZ's 2.25%). If it's like other World cards, it will also come with additional benefits such as Priority Pass lounge access and instant SPG Gold status with just 1 stay. Of course nothing beats the Kiwibank Plat Status earn.
Xiaotung is offline  
Old Mar 18, 15, 9:01 pm
  #13  
 
Join Date: Apr 2013
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Pretty bad timing as we just got a BNZ credit card last week
temete23 is offline  
Old Mar 18, 15, 9:20 pm
  #14  
 
Join Date: Mar 2013
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Having looked through the Westpac options (and toyed with the idea of the Westpac Black card wich comes with Priority Pass) i'm thinking i'll probably move over to the Kiwibank Platinum card.
DomesticGoddess is offline  
Old Mar 18, 15, 9:37 pm
  #15  
 
Join Date: Oct 2006
Location: Christchurch, New Zealand
Programs: NZ Elite; QF Platinum; CZ Gold; MU Platinum; Marriott Titanium; Accor Platinum
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Originally Posted by DomesticGoddess View Post
Having looked through the Westpac options (and toyed with the idea of the Westpac Black card wich comes with Priority Pass) i'm thinking i'll probably move over to the Kiwibank Platinum card.
Couldn't see that black card on the NZ site, only on the Australia site, do you have a link where its listed in NZ as that sounds interesting!
oranjemakker is offline  

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