Westpac Airpoints MasterCard Credit Card

3.5/5 Stars

The Westpac Airpoints MasterCard Credit Card is a rewards credit card which allows you to earn 1 Airpoints Dollar for every $150 spent on eligible purchases on your card up to (and including) $3,500 then 1 Airpoints Dollar for every $300 spent on your card each month. It also offers 5.95% p.a. for the life of the balance transferred to the card. This card might be suitable for you if you want a rewards card that allows you to earn Airpoints

Compared to other Airpoints Credit Cards in NZ this credit card does not offer the best Airpoints earn rate and it is not the cheapest Airpoints credit cards in terms of annual fees. The Amex Airpoints Credit Cards offers a better earn rate and charges no annual fee.

Rewards Points Cash Equivalent

Up to $3,500 spend:

$100 spend earns you $0.66 cash-equivalent^.

Over $3,500 spend:

$100 spend earns you $0.33 cash-equivalent^.

^ To help you compare reward points across different credit cards and rewards programs, we provide an estimate of the cash-equivalent of the reward points that you will get back for every $100 you spend on eligible purchases with your card. The cash equivalent value given is an estimate only based on a specific redemption example. In some cases reward points cannot be redeemed for cash directly. See below to find out how the estimate was calculated.

Points Cash Equivalence Calculation

If 1 Airpoints Dollar equals $1 NZD when redeemed with Air New Zealand or through the Airpoints store and every $150 spend (for up to $3,500 spend) earns you 1 Airpoints Dollar then $100 spend earns you (100/150) = $0.66 Airpoints Dollars or $0.66 cash-equivalent. Similarly, if every $300 spend (for above $3,500 spend) earns you 1 Airpoints Dollar then $100 spend earns you (100/300) = $0.33 Airpoints Dollars or $0.33 cash-equivalent

Key Features

Purchase Rate: 20.95% p.a.
Cash Advance Rate: 22.95% p.a.
Balance Transfer: 5.95% for life of balance transferred
Annual Fee: $70.00
Interest Free Days: 55 days
Minimum Repayment:
Card Reward Details: Earn 1 Airpoints Dollar for every $150 spent on your card up to (and including) $3,500 then 1 Airpoints Dollar for every $300 spent on your card each month
Credit Limit:
Other Fees:

IMPORTANT NOTE: please review the credit card details on the provider's website again before applying.

Westpac Airpoints MasterCard Credit Card Review

Pros and Cons

We've compiled below the pros and cons of the Westpac Airpoints MasterCard Credit Card to help you decide.

Pros

Earn 1 Airpoints Dollar for every $150 spent on eligible purchases on your card up to $3,500 then earn 1 Airpoints Dollar for every $300 spent on your card each month
A 50 Airpoints Dollars Advance is available to you if you’re a little short on Airpoints for your purchase
Balance Transfer offer does not revert to a higher rate after a fixed period

Cons

Low Airpoints earn rate compared to other Airpoints credit cards such as the Amex Airpoints Platinum Credit Card and the Amex Airpoints Credit Card which charges no annual fee
Much lower earn rate the more you spend over $3,500 each month
High annual fee of $70
Only offers a few benefits considering the annual fee charged

What we like about the Westpac Airpoints Mastercard

Airpoints Earning Potential

With the Westpac Airpoints MasterCard, you can earn Airpoints Dollars on every purchase. This means that your everyday spending can help you accumulate points that can be redeemed for flights, upgrades, and other travel-related expenses. The more you use your card, the more rewards you earn, making it an excellent choice for those who frequently travel.

Airpoints Advance

You get 50 Airpoints Dollars Advance to you if you’re a little short on what you need for a reward.

What is not so great about the Westpac Airpoints Credit Card

Annual Fees

One of the main drawbacks of the Westpac Airpoints MasterCard Credit Card is the annual fee. While the card offers some benefits, the cost of owning the card can be a deterrent for some users. It's important to weigh the benefits against the annual fee to determine if the card is worth it for your specific needs. Other cards such as the the Amex Airpoints Credit Card offer better rewards and charge no annual fee.

Not the best Airpoints earn rate

The Airpoints earn rate of this credit card is a lot less than other credit cards. For example, the Amex Airpoints Platinum Credit Card has an earn rate of 1 Airpoints for every $70 spent on your card.

Limited Rewards

For the amount of annual fee charge we would expect a bit more rewards such as free travel insurance..

Is the Westpac Airpoints MasterCard Credit Card Right for You?

If you find yourself often in the air, the Westpac Airpoints MasterCard could be a valuable companion. The card allows you to earn Airpoints Dollars on every purchase, which can be redeemed for flights, upgrades, and other travel-related expenses.

For those who use their credit card for daily expenses, this card offers a way to accumulate Airpoints Dollars with routine purchases. Whether it's groceries, fuel, or dining out, every transaction brings you closer to your next reward. The card's exclusive offers and discounts can also add value to your everyday spending.

Considerin your personal circumstance and compare this credit card to other credit cards to help you make an informed decision

How to Maximise Your Westpac Airpoints MasterCard Benefits

Optimising Airpoints Earnings

To get the most out of your Westpac Airpoints MasterCard, focus on earning Airpoints. Use your card for everyday purchases like groceries and fuel. Pay your bills with it whenever possible. This way, you can accumulate points faster. Also, keep an eye out for special promotions that offer bonus Airpoints.

Taking Advantage of Exclusive Offers

Westpac often provides exclusive offers and discounts to cardholders. These can range from dining deals to shopping discounts. Regularly check the Westpac website or app to stay updated on these offers. Taking advantage of these can help you save money and enjoy additional perks.

Frequently Asked Questions

How does the Westpac Airpoints MasterCard help me earn Airpoints?

With every dollar you spend on the card, you earn Airpoints Dollars that you can use to book flights, upgrade seats, or shop at the Airpoints Store.

Can I use my Westpac Airpoints MasterCard overseas?

Yes, you can use your Westpac Airpoints MasterCard for purchases and cash withdrawals internationally, but be aware of foreign transaction fees.

How do I redeem my Airpoints Dollars?

You can redeem your Airpoints Dollars through the Air New Zealand website for flights, seat upgrades, rental cars, and more.

Eligibility Criteria

Your eligibility for this card would depend on a few criteria listed below. When you apply for a Westpac credit card, Westpac would ask you a few questions about these criteria to determine your eligibility.

Income
Expenses
Debts
Assets
Savings
Investments

**You have to be a New Zealand permanent resident, and have a good credit history to apply for a Westpac Credit Card.

Documents:

In general the following documents are usually required for credit card applications.

Proof of Income

One of the following:

your most recent payslip or salary notice
copies of bank statements that show your pay or salary deposits
a letter from your employer confirming your income
an Inland Revenue Department (IRD) “summary of earnings” notice.

If you’re self-employed, you must supply:

signed financial statements for the past two years
a signed personal Statement of Financial Position
your personal tax return.

Proof of Identity:

A copy of one or two items from List 1. If you provide only one item from List 1, you must also provide one item from List 2.

List 1:

Current passport
New Zealand drivers licence
18+ card
Photo Credit Card

List 2:

Most recent bank statement
Debit card
Credit card
Community services card
Club or society card.

Are you interested in a balance transfer? Compare ALL balance transfer credit cards on our balance transfer NZ page.

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What is the best credit card in New Zealand?

We've been asked this question a lot so we have compiled our pick of the best credit card in NZ but keep in mind that the best credit card for you depends on your personal circumstance and needs. To find the best credit card for you, we recommend that you compare all credit cards in NZ on our website or narrow down your search by popular credit card types as shown below. Use the top menu of the page to select more credit card types.