Visa benefits


#1

Do BNZ Visa’s offer the benefits provided by visa USA or do these not apply.
https://usa.visa.com/support/consumer/card-benefits.html

I have a Bank of America Visa that I know these benefit apply to but I was wondering if I use my NZ card would they also apply?

Specificity the rental car CDW on the link above


#2

Please provide some context to your enquiry. Are you a NZ resident or just visiting here?

BNZ’s “Platinum” Visa products [1] come with included travel insurance but to apply for a BNZ Visa you would have to be resident here, in which case travel insurance would not apply locally.

There is no credit card I am aware of with domestic Collision Damage Waiver available. As far as I can tell rental car companies make a small fortune out of that.

  1. BNZ Advantage Visa Platinum and BNZ Advantage Visa Business

#3

I’m a New Zealand resident/citizen, I am in USA for 6 months, I have a US credit card that will provide me free CDW but it has a low limit which means I would prefer not to use it for large purchases.

My BNZ credit card is BNZ Advantage Classic, I was hoping that the CDW was a visa worldwide benefit rather than just US issued cards.


#4

Think of Visa and Mastercard as effectively branding and standards schemes. For the most part rewards are set by the card issuer and paid for from their interchange [1] and interest revenues.

I’m appears rental car companies have a preferential merchant rate in the USA [2]. I’m guessing reduced or waived merchant CDW may be a requirement to access this?

  1. Visa NZ Interchange rates and Mastercard NZ Interchange rates

  2. Visa USA Interchange Reimbursement fees (PDF document) - see page 3.