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MasterCard Launches Global Plus Card in New Zealand; Three of New Zealand's Biggest Corporations Participate in Program.


SINGAPORE--(BUSINESS WIRE)--Oct. 7, 1998--Three major New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland.  corporations have partnered to develop a frequent flier frequent flier
n.
One who travels often by air, especially on one airline.



frequent-fli
, Air Points, telecommunications and credit card package that ranks with any to set a new standard for reward schemes in New Zealand.

A co-branded MasterCard, GlobalPlus card, from Air New Zealand Parameter not given Error...
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, Bank of New Zealand Bank of New Zealand (BNZ) is one of New Zealand's largest banks. The first branch opened in Dunedin on 2 December 1861. BNZ is now owned by National Australia Bank.

For a large part of New Zealand's history the banking industry was divided between Trading and Savings Banks.
 and Telecom New Zealand Telecom New Zealand (NZX: TEL ASX: TEL NYSE: NZT) is a Wellington, New Zealand-based telephone company and, through its subdivision Xtra, an internet service provider. It has been run as a publicly-traded private company since 1990. , combines a wide range of features for frequent fliers and those who want to earn Air Points. It is the product of a co-operative development that combines the skills of each company to produce attractive consumer benefits.

The result is a "super reward program" that will significantly enhance Air New Zealand's Air Points program, Telecom Talking Points and Bank of New Zealand MasterCard.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 John Verco, general manager for MasterCard in Australia and New Zealand: "MasterCard is excited to participate in this reward program which will give New Zealand consumers exactly what they've been looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
: rewards which are easily achievable and rewards that offer terrific travel and holiday benefits."

"With around 240,000 members in Air Points, and 630,000 people enrolled in Telecom Talking Points, our customers have emphatically em·phat·ic  
adj.
1. Expressed or performed with emphasis: responded with an emphatic "no."

2. Forceful and definite in expression or action.

3.
 endorsed the value of reward programs," says Air New Zealand regional director (Australia, Pacific Islands and New Zealand), Norm Thompson Norman Jack Thompson (born March 5, 1945) is a National Football League cornerback who played with the St. Louis Cardinals and the Baltimore Colts. He became in 1977 the first free agent in NFL history to sign with another team, when he went to the Colts from the Cardinals. .

"GlobalPlus responds to this demand by providing a program which offers new, globally-competitive, customer benefits based on the well researched consumer dream of air travel."

The card's key feature is that it provides the fastest way to earn Air Points. Every NZ$6.60 spent on a Gold GlobalPlus card, or NZ$7.50 spent on a standard GlobalPlus card, earns one Air Point. With regular payments and everyday purchases on the card, Air Points rapidly accumulate.

Air Points can also be earned by converting Telecom Talking Points, paying Telecom `phone accounts and using GlobalPlus as a Telecom Calling Card.

GlobalPlus provides a wide range of market-leading benefits, including lower interest rates for higher value purchases, worldwide acceptance and global service.

"MasterCard continues to provide consumers with the most innovative and value-added products. GlobalPlus already offers the most competitive benefits and I assure you, the program will help secure MasterCard's leadership position in New Zealand," added Verco.

Bank of New Zealand Credit Cards Chief Manager Brent McKenzie says that working with quality partners to provide the right combination of attractive customer benefits is one of the keys to the bank's strategy.

"GlobalPlus is the beginning of a partnership which will develop regular enhancements. Customers can look to more benefits in the future. The card will continually remain ahead of the market."

GlobalPlus was launched in Auckland, New Zealand last night (Monday 5 October) with a 180 meter bungy jump by well-known extreme sports extreme sports

Sports events characterized by high speed or high risk. Such sports include aggressive inline skating, wakeboarding, street luge, skateboarding, and freestyle bicycle events (wherein tricks such as back flips are performed on a bicycle).
 entrepreneur AJ Hackett. The jump, from Sky Tower - New Zealand's tallest building was broadcast last night on a television special called "The Big Jump" and was also seen on a delayed basis to the world through the internet.

About MasterCard International

MasterCard International has the most comprehensive portfolio of payment brands in the world. With 23,000 member financial institutions, serving consumers in 220 countries and territories, MasterCard is the industry leader in quality and innovation. More than 600 million MasterCard(R), Maestro(R), Cirrus(R), and Mondex(tm) cards are accepted at more than 15 million locations worldwide. In 1997, gross dollar volume exceeded US$600 billion. MasterCard can be reached through its World Wide Web site at http://www.mastercard.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:8NEWZ
Date:Oct 7, 1998
Words:574
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