Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


zhzh

50 posts

Geek


#275949 18-Sep-2020 10:44
Send private message quote this post

ANZ will no longer offer overseas travel insurance on Cashback Platinum credit card from 14 October 2020.

Will other major NZ banks follow?

Create new topic
PeterReader
5855 posts

Uber Geek

Trusted
Geekzone
Lifetime subscriber

  #2567352 18-Sep-2020 10:44
Send private message quote this post

Allow me to introduce you folks to our new travel community: TravelTalk NZ.

 

We hope to see you there!

 





I am the Geekzone Robot and I am here to help. I am from the Internet. I do not interact. Do not expect other replies from me.



wellygary
4995 posts

Uber Geek


  #2567367 18-Sep-2020 11:14
Send private message quote this post

To be honest, with closed borders at the moment it probably not going to be missed.....

 

 


 
 
 
 


tieke
405 posts

Ultimate Geek

Subscriber

  #2567390 18-Sep-2020 11:52
Send private message quote this post

Their premiums have probably increased enough that their cost/benefit analysis shows that it's not a perk worth offering. I made a successful claim on my ANZ Qantas Visa regarding some overseas April accommodation that I had booked in December, and I doubt I was the only one. 


eracode
Grumpy GeeZer
4624 posts

Uber Geek

Subscriber

  #2567394 18-Sep-2020 11:55
Send private message quote this post

We have relied on using that via BNZ for years. Will be disappointed if BNZ withdraws it. We regard it as a major feature of the Platinum Visa card.





Sometimes I just sit and think. Other times I just sit.


eracode
Grumpy GeeZer
4624 posts

Uber Geek

Subscriber

  #2567410 18-Sep-2020 11:57
Send private message quote this post

tieke:

 

I made a successful claim on my ANZ Qantas Visa regarding some overseas April accommodation that I had booked in December, and I doubt I was the only one. 

 

 

@tieke Yes but was that a credit card charge-back or a travel insurance claim - they’re not the same thing.





Sometimes I just sit and think. Other times I just sit.


OldGeek
510 posts

Ultimate Geek

Lifetime subscriber

  #2567420 18-Sep-2020 12:05
Send private message quote this post

zhzh: ANZ will no longer offer overseas travel insurance on Cashback Platinum credit card from 14 October 2020.

Will other major NZ banks follow?

 

This is limited to your card - other ANZ Platinum card (Airpoints) still has the travel insurance listed without the termination reference that the Cashback Platinum card has.  Note the Cashback card has a reduced annual fee.





--

OldGeek.


sbiddle
29270 posts

Uber Geek

Moderator
Trusted
Biddle Corp
Lifetime subscriber

  #2567692 18-Sep-2020 15:56
Send private message quote this post

To be honest I'm surprised a cashback card still has travel insurance included - I suspect it's simple a legacy thing being a premium card as it's been a semi standard feature on many Gold and Platinum cards.

 

With interchange having been cut significantlyin the past year and Labour saying they will take this further all the banks will no doubt be reviewing the benefits that are included with cards because with a huge cut in the revenue from interchange they can't afford to give back reward scheme rebates such as cashbacks and Airpoints at the current rates, and fund things like travel insurance.

 

 


 
 
 
 


tieke
405 posts

Ultimate Geek

Subscriber

  #2567878 18-Sep-2020 23:20
Send private message quote this post

eracode:

 

tieke:

 

I made a successful claim on my ANZ Qantas Visa regarding some overseas April accommodation that I had booked in December, and I doubt I was the only one. 

 

 

@tieke Yes but was that a credit card charge-back or a travel insurance claim - they’re not the same thing.

 

 

It was a travel insurance claim through the Qantas VISA built-in travel insurance, and I was covered because I had booked everything well before Covid was recognised as an issue.  I managed to get refunds myself from most of the big ticket items after badgering the appropriate companies, but it was still good to have the travel insurance cover the remaining items.


Create new topic





News »

Nanoleaf enhances lighting line with launch of Triangles and Mini Triangles
Posted 17-Oct-2020 20:18


Synology unveils DS1621+ 
Posted 17-Oct-2020 20:12


Ingram Micro introduces FootfallCam to New Zealand channel
Posted 17-Oct-2020 20:06


Dropbox adopts Virtual First working policy
Posted 17-Oct-2020 19:47


OPPO announces Reno4 Series 5G line-up in NZ
Posted 16-Oct-2020 08:52


Microsoft Highway to a Hundred expands to Asia Pacific
Posted 14-Oct-2020 09:34


Spark turns on 5G in Auckland
Posted 14-Oct-2020 09:29


AMD Launches AMD Ryzen 5000 Series Desktop Processors
Posted 9-Oct-2020 10:13


Teletrac Navman launches integrated multi-camera solution for transport and logistics industry
Posted 8-Oct-2020 10:57


Farmside hits 10,000 RBI customers
Posted 7-Oct-2020 15:32


NordVPN starts deploying colocated servers
Posted 7-Oct-2020 09:00


Google introduces Nest Wifi routers in New Zealand
Posted 7-Oct-2020 05:00


Orcon to bundle Google Nest Wifi router with new accounts
Posted 7-Oct-2020 05:00


Epay and Centrapay partner to create digital gift cards
Posted 2-Oct-2020 17:34


Inseego launches 5G MiFi M2000 mobile hotspot
Posted 2-Oct-2020 14:53









Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.