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Most retailers offer one point for every $25 spent. The exchange rate of 300 Flybuys points for 48 Air New Zealand Airpoints Dollars suggested a Flybuys point was worth about 16 cents (an Airpoints Dollar translates to one New Zealand dollar) although the equation varies with other rewards. Points expire three years after being collected.
Kiwibank Limited is a New Zealand state-owned bank and financial services provider. As of 2023, Kiwibank is the fifth-largest bank in New Zealand by assets, and the largest New Zealand-owned bank, with a market share of approximately 9%. [4] In December 2023, the bank's assets totaled about $35 billion. [5]
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Members earn "Airpoints Dollars", which they can redeem at par with New Zealand dollars on any fare for flights ticketed and operated by Air New Zealand. Members can attain status tiers, with increasing privileges ranging from Silver to Gold, then Gold Elite, by accumulating their "Status Points", which are earned separately from Airpoints Dollars.
Kiwibank: 29 November 2001 New Zealand State owned retail bank: 9% (2022) [7] Invercargill, New Zealand: SBS Bank: 7 October 2008 Mutual retail bank: 0.8% (2022) Wellington, New Zealand: Co-operative Bank: 26 October 2011 Co-operative retail bank: New Plymouth, New Zealand: TSB Bank: 8 June 1989 Community trust retail bank: 0.5% (2022) New ...
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