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

View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 
467 posts

Ultimate Geek

  #2554586 1-Sep-2020 08:20
Send private message quote this post





That was pretty convenient, but the vouchers were for a limited number of stores.  However, they've now brought out:


Haven't got into the details, but it seems to mean you can use your points on anything anywhere, where you pay by Mastercard.  Just go to the app on your phone and tell it your next Mastercard purchase is coming off Hotpoints, rather than your credit card.  Then buy it.  Haven't looked into the fine print on the conversion rate for that though yet.



This new scheme doesn't seem very good value.  As an example, I currently have 38,081 hotpoints, and that would give me $171.36 using hotpoints pay.  Or, for 36,000 points I could get a $200 voucher to use in Noel Leeming, Bunnings etc.  So it's more convenient and flexible but you're paying a 20% premium for that



Yeah, I wondered if that might be the case.  As I said, I hadn't checked the fine print for the conversion rate.  That's where the catch can be.  Like when they did petrol vouchers for hotpoints.  The conversion rates on that was a lot less than vouchers for all the other retailers.  

245 posts

Master Geek


  #2555479 2-Sep-2020 10:51
Send private message quote this post

I used to have platinum card partly for the travel insurance - ideal for 'normal' countries like AUS/UK.
(maybe not USA - but their health system is far from 'normal' l
I wouldn't otherwise get travel insurance - so it was a low cost way of having 'some form'.

I've recently reduced my cards in favor of other forms of credit access for my financial 'buffer'.
(I used to have a 40k limit on a platinum card.)

I used to use a Airpoints reward card as my 'primary driver'.
I'm now steering away from that and spending my residual Airpoints - as I can easily see AirNZ devaluing it's Airpoints system for financial reasons (their Accountants will tell them it's an easy thing to do, when they max their govt loan in 12 months)
I can't see myself doing any Australian holidays or visiting friends in Melbourne any time in the next 2 years.

I've moved to a Cashback Card,

& I also benefit from 55 interest free days.
(Vrs the 30 or 44 which was on the other card)
Number if interest free days - is a benefit well worth taking into consideration too.



6407 posts

Uber Geek

Lifetime subscriber

  #2555525 2-Sep-2020 11:42
Send private message quote this post

concordnz: Number if interest free days - is a benefit well worth taking into consideration too.


I hadn't really taken this into account - my current Kiwibank card is only 44 days interest free. It seems with the different banks, different products range from 44-55 days interest free. I have no idea why.

5 posts

Wannabe Geek

  #2559777 7-Sep-2020 17:27
Send private message quote this post

+1 for Amex platinum edge credit card.
You can convert points to quite a few airline schemes too.
As tardtastic mentioned, more and more places are accepting it, but I do have a ANZ Qantas points visa for backup. Another good points scheme though no longer offered.

Amex Customer service is amazing too. No phone queues and they’ve cleared interest changes twice when I’ve accidentally missed a payment.

1635 posts

Uber Geek

  #2559810 7-Sep-2020 18:47
Send private message quote this post



The Flight Centre Mastercard has no fees on overseas transactions. Not sure about the exchange rate, but saving 2.25% on a purchase can add up over time. 



I have this card. The exchange rate is the Mastercard rate which is pretty close to the mid-market rate. The savings you get are legit, especially if you go backpacking or on some other long trip.


However, redeeming the rewards on this card can be frustrating. It can only be used for Flight Center and you have to deal with human travel agents and their idiosyncrasies.

1 | 2 | 3 
View this topic in a long page with up to 500 replies per page Create new topic

News »

Huawei introduces new features to Petal Search, Maps and Docs
Posted 26-Oct-2020 18:05

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

Synology unveils DS16211+
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

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.