Air NZ and Kiwibank launch Airpoints credit cards

Media release - embargoed until 6am
Thursday 19 September 2013

Air New Zealand and Kiwibank launch ground breaking Airpoints credit cards

Air New Zealand and Kiwibank are shaking up the credit card market with the launch of three new Airpoints earning credit cards designed to get every Kiwi flying faster. 

The Air New Zealand Airpoints Low Fee MasterCard is the first in New Zealand to offer a low annual fee of just $25 and the ability to earn 11 for every $160 spent.  The earning rate increases to 11 for every $120 spent on the Air New Zealand Airpoints Standard MasterCard and an outstanding 11 for every $75 spent with the Air New Zealand Airpoints Platinum MasterCard.

All Air New Zealand Airpoints credit cardholders get even better earning rates for purchases made direct with the airline.[i]

Air New Zealand’s GM Customer Value, Hamish Rumbold, says, “At the moment 20% of all credit card purchases in New Zealand earn Airpoints Dollars.  The new Air New Zealand Airpoints cards mean there is now a card to suit every Kiwi.  With a low fee option and a sharp interest rate of 15.9% everyone could reap the benefits of earning Airpoints Dollars as they spend.”

“These great Airpoints Dollar earning rates make it even easier to get away on your next holiday.  Just use the card for everyday purchases and watch your holiday fund grow.”

There’s even more good news for those Air New Zealand frequent flyers that enjoy earning Status Points as the Air New Zealand Airpoints Platinum MasterCard has the best Status Point earn rate in the market – one for every $200 spent. 

Platinum cardholders will also have their Koru membership joining fee waived and enjoy a discount on the annual membership fee.

To apply for the card or get further information visit www.airpointscreditcard.co.nz or 0800 787 888.

[i] When the new Air New Zealand Airpoints Platinum, Standard or Low Fee MasterCard is used to buy Air New Zealand airfares or other products the earning rate becomes 11 for every $65, $100 or $140 spent. 

Please be aware that the Airpoints Dollar symbol in the media release issued last night regarding the new Air New Zealand Airpoints credit cards is not being recognised by some media organisations’ computer systems.

To be clear, the Airpoints Dollars earning rates for the new Air New Zealand Airpoints credit cards are:
•          Air New Zealand Airpoints Low Fee MasterCard – one Airpoints Dollar for every $160 spent
•          Air New Zealand Airpoints Standard MasterCard – one Airpoints Dollar for every $120 spent
•          Air New Zealand Airpoints Platinum MasterCard – one Airpoints Dollar for every $75 spent

When the new cards are used to make purchases direct from Air New Zealand the Airpoints Dollar earning rates are $140, $100 and $65 respectively.

ENDS

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