Bank and Travel Agency from Unique Partnership

Wednesday, 8 January 2003, 11:06 am
Press Release: ANZ Bank

Bank and Travel Agency from Unique Partnership

Saving to go on holiday is now easier thanks to a partnership between ANZ Bank and leading travel agency Holiday Shoppe.

This week the Bank launches 'ANZ Serious Travel Saver' - New Zealand's first bank account designed specifically for those saving to travel or go on holiday.

Holiday Shoppe will provide special travel deals to ANZ Serious Travel Saver customers and help the bank acquire new customers by supplying quarterly travel prizes.

Alongside a highly attractive interest rate of up to 4.50% p.a. the new account boasts a number of rewards for travellers.

Ongoing rewards include: room upgrades; travel magazines; commission free traveller's cheques; and discounts on travel insurance, car hire and telecom calling cards calls from overseas.

ANZ Head of Consumer and Rural Markets, Natalie Sutherland, says the product is well suited to New Zealand.

"Kiwis are renowned travellers, but our savings record is not as impressive," Ms Sutherland said today.

"With ANZ Serious Travel Saver we are clearly defining a goal which gives people greater motivation. We then make things easier with built in spending safeguards and rewards along the way and when they reach their goal."

ANZ Serious Travel Saver is the seventh new product ANZ has launched in the past 9 months at it continues its effort to improve customer satisfaction. Other products include three low-fee transaction accounts and specialist products for children under 12 and for teenagers.

Ongoing Rewards Include:

20% discount on calls from Telecom Calling Cards whilst overseas

* Up to 15% discount on AVIS car rental rates in NZ, Australia, USA, Canada, Europe, Latin America, Caribbean

10% discount on standard ANZ Travel Insurance premiums

* Commission free international traveller's cheques

Standard product features:

No monthly administration fees

* Promotes disciplined savings behaviour: allows only one free withdrawal per month

Pays 2.00% interest p.a. on balances of $500 or more

* Rewards regular saving: if a deposit of $10.00 or more is made within the customer's monthly key date cycle, and the account balance is $500 or more, bonus interest of 2.50% p.a. is payable (in addition to the base 2.0%).

© Scoop Media

ANZ Bank New Zealand Limited

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