AirNZ Credit Card Fee Changes

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Feb 17, 2020, 2:21 am

#16

sbiddle

Join Date: Apr 2013

Location: New Zealand (most of the time)

Programs: Air NZ Elite *G, Honors Gold, IHG Platinum Elite

Posts: 6,115

Quote:

Originally Posted by warakorn

Maybe NZ should start looking for another Payment Service Provider..

I can assure you that Air NZ would pay one of the lowest rates in NZ.. But none of this changes the fact interchange rates are what they are, and that they're a lot higher in NZ than in other countries such as Australia where the government has stepped in to stop the rort.

If course when the rort is stopped everybody on here will then be complaining they get poor SP and APD earn on their credit card. 🤣

ps107 likes this.

Feb 17, 2020, 4:35 am

#17

warakorn

Suspended

Join Date: Feb 2007

Location: PVG, FRA, SEA, HEL

Programs: UA Premier Gold

Posts: 4,783

Quote:

Maybe NZ should start looking for another Payment Service Provider.

Quote:

If you drop Visa and Mastercard, think their revenue might really dry up.

Hmm, excuse me!
Visa and Mastercard are not Payment Service Providers.

https://en.wikipedia.org/wiki/List_o...vice_providers

Feb 17, 2020, 10:33 am

#18

drajknox

Join Date: Dec 2015

Posts: 367

Quote:

Originally Posted by ClanJ

Gee so if i get my head around this the credit card fee is a flat fee that evens the low interchange for low fee cards to high interchange for high end cards. If that is the case then it is immoral, why should those who can least afford it subsidise those that can afford it. If this is the case then it is simply another FF benefit.

Have a look at some Business class fares which are sometimes around 6x the economy fare - do you think the space/weight carried/fuel use/food etc are 6x for a Business Class passenger or perhaps Business Class passengers subsidise economy anyway?

ps107, poopbunny and Beano like this.

Feb 17, 2020, 11:20 am

#19

sbiddle

Join Date: Apr 2013

Location: New Zealand (most of the time)

Programs: Air NZ Elite *G, Honors Gold, IHG Platinum Elite

Posts: 6,115

Quote:

Originally Posted by drajknox

Lots of people simply don't understand airline models. You only have to look at those who complain about airfare costs and because there are $39 domestic fares think every fare should be $39 because they don't understand that a $39 entry level seat on a domestic flight is being sold at a loss, and that there needs to be higher priced fares to even things out.

Airlines don't really operate on a "normal" cost+margin business model that a typical business has. It's fundamentally a model about trying to extort the maximum possible amount of money from passengers in the hope the whole business will even out at the end of the day and make a profit.