Best Travel Credit Cards for Kiwi Travellers 2024
Travelling abroad can be an exciting adventure, but it comes with its own set of financial challenges. One of the most effective ways to manage these challenges is by using a travel credit card. For Kiwi travellers, selecting the right travel credit card can make a significant difference in terms of savings, convenience, and rewards. This article explores the best travel credit cards available in New Zealand, highlighting their features, benefits, and potential drawbacks.
Key Features of Travel Credit Cards
Before diving into specific card recommendations, it’s essential to understand the key features that make a credit card ideal for international travel:
- Foreign Exchange (FX) Fees: Lower or zero FX fees can save you money on overseas transactions.
- Rewards and Cashback: Earning points or cashback on your spending can add value.
- Travel Insurance: Complimentary travel insurance can provide peace of mind.
- Interest Rates: Competitive interest rates can help manage costs if you carry a balance.
- Additional Perks: Benefits like airport lounge access, concierge services, and purchase protection can enhance your travel experience.
Top Travel Credit Cards for Kiwi Travellers
1. American Express Airpoints Platinum Card
The American Express Airpoints Platinum Card is a favourite among Kiwi travellers, especially those who frequently fly with Air New Zealand.
Key Features:
- Earn Rate: 1 Airpoints Dollar for every $59 spent.
- Sign-Up Bonus: 300 bonus Airpoints Dollars when you spend $1,500 within the first three months.
- Travel Insurance: Comprehensive travel insurance for international and domestic trips.
- Airport Lounge Access: Complimentary access to Priority Pass lounges.
- Annual Fee: $195.
Pros:
- High earn rate for Airpoints Dollars.
- Generous sign-up bonus.
- Extensive travel insurance coverage.
- Access to airport lounges.
Cons:
- Higher annual fee compared to some other cards.
- American Express is not as widely accepted as Visa or Mastercard in New Zealand.
2. Westpac Fee Free Mastercard
The Westpac Fee Free Mastercard is an excellent option for budget-conscious travellers looking to avoid annual fees and foreign transaction charges.
Key Features:
- Annual Fee: None.
- Foreign Currency Fee: None.
- Interest Rate: 12.90% p.a. on purchases.
- Interest-Free Days: Up to 55 days.
- Emergency Assistance: 24-hour emergency credit card assistance with CardGuard.
Pros:
- No annual fee.
- No foreign currency fee.
- Low interest rate on purchases.
- Emergency assistance and fraud protection.
Cons:
- Limited rewards programme.
- No travel insurance.
3. Kiwibank Airpoints Platinum Visa
The Kiwibank Airpoints Platinum Visa is ideal for those who want to earn Airpoints Dollars and enjoy additional travel perks.
Key Features:
- Earn Rate: 1 Airpoints Dollar for every $115 spent.
- Status Points: Earn 1 Status Point for every $200 spent.
- Travel Insurance: Built-in overseas travel insurance.
- Koru Membership: Discounted Koru membership with no joining fee.
- Annual Fee: $180.
Pros:
- Earn both Airpoints Dollars and Status Points.
- Comprehensive travel insurance.
- Discounted Koru membership.
- Competitive earn rate for Airpoints Dollars.
Cons:
- Higher annual fee.
- Lower earn rate compared to some other cards.
4. Flight Centre Mastercard
The Flight Centre Mastercard is tailored for travellers who frequently book through Flight Centre.
Key Features:
- Foreign Currency Fee: None.
- Rewards: 3% rebate on Flight Centre bookings.
- Interest-Free Days: Up to 55 days.
- Annual Fee: $50.
Pros:
- No foreign currency fee.
- Generous rebate on Flight Centre bookings.
- Competitive annual fee.
- Easy to manage with Flight Centre services.
Cons:
- Limited to Flight Centre bookings for maximum benefits.
- No travel insurance.
Choosing the Right Travel Credit Card
When selecting a travel credit card, consider the following factors:
- Travel Frequency: If you travel frequently, a card with comprehensive travel insurance and airport lounge access might be more beneficial.
- Spending Habits: Look for a card that offers rewards or cashback on your typical spending categories.
- Acceptance: Ensure the card is widely accepted in your travel destinations.
- Annual Fees: Weigh the benefits against the annual fee to determine if the card offers good value.
- Additional Perks: Consider any additional perks that might enhance your travel experience, such as concierge services or purchase protection.
Selecting the best travel credit card can significantly enhance your travel experience while providing valuable financial benefits. The American Express Airpoints Platinum Card stands out for its high earn rate and comprehensive travel perks, making it ideal for frequent flyers. The Westpac Fee Free Mastercard offers a budget-friendly option with no annual or foreign currency fees, while the Kiwibank Airpoints Platinum Visa provides a balanced mix of rewards and travel benefits. Lastly, the Flight Centre Mastercard is perfect for those who frequently book through Flight Centre.
By carefully considering your travel needs and spending habits, you can choose a travel credit card that maximises your benefits and helps you manage your finances effectively while exploring the world. Safe travels and smart spending!