Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Westpac launches first AirpointsTM earning debit card

7 October 2015
Westpac launches New Zealand’s first AirpointsTM earning debit card

Westpac has launched New Zealand’s first AirpointsTM earning debit card to complement its Airpoints earning credit cards and home loan offerings.

The new debit card works like an EFTPOS card, to draw funds directly from a customer’s transaction account (e.g. cheque account).

The Westpac Airpoints™ Debit MasterCard can be used online, over the phone and overseas with customers earning one Airpoints DollarTM for every $250 spent on the card. Customers will also receive a free Westpac PayTag®, the contactless payment sticker that allows customers to pay for items under $80.

The launch follows the highly successful introduction of four new Westpac Airpoints credit cards earlier this year which tens of thousands of Kiwis signed up for, including the country’s first Airpoints business credit card.

Shane Howell, Chief Product Officer, said Westpac has disrupted the Kiwi card market and would continue to look for innovative ways to reward customers.

“Think Airpoints, think Westpac. We have the widest Airpoints offering in the market – four credit cards including an Airpoints business card, as well as a home loan and now the debit card,” Mr Howell said.

“We have had excellent growth with the Airpoints programme and we expect that to continue with the debit card where customers, who prefer to pay with their own money, can still earn rewards.”

Existing Westpac customers will be the first to be offered an Airpoints debit card within Westpac One® online banking, while new customers can apply through their nearest branch. To earn Airpoints Dollars with the new debit card, customers will need an eligible personal transaction account with a minimum of $500 in total deposited each month.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Government: David McLean Appointed As KiwiRail Chair

David McLean has been appointed as Chair of KiwiRail Holdings Ltd, the Minister for State Owned Enterprises Dr David Clark and Minister of Finance Grant Robertson announced today... More>>

Dairy NZ: ‘More Milk From Fewer Cows’ Trend Continues In A Record Year
Vodafone says it has 10,000 customers using its Wi-Fi Calling service. It took less than three months to reach that milestone; the service began operating in September... More>>

Statistics: Consents Remain At Record Levels
There were 47,715 new homes consented in the year ended October 2021, up 26 percent compared with the year ended October 2020, Stats NZ said today. "The year ended October 2021 marks another record for the annual number of new homes consented,” construction statistics manager Michael Heslop said... More>>

Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>

Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>

ABC Business Sales: Demand High For Covid-proof Businesses
Despite the continuing challenges facing businesses in this Covid environment, right now there are more buyers looking for a small-medium sized business than there are sellers in the market... More>>

PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>