I mean, what's the difference between the card they're planning to launch and NZ Post's loaded card? (www.loadedcard.co.nz)
Delorean: Yes, they are a MasterCard Recharge - Similar to the Travel Card that both ANZ/NBNZ currently have - seems quite odd when every other bank uses the debt Visa that takes money directly from you chq or savings account.
This system you have to 'recharge' the card!! seems a waist of time, you might as well go the post office and get a Prezzy Card and once it used, chuck it and get a new one.
mp1: don't try chargebacks, or getting auths removed - they have no idea!