18 Oct 2022

Consumer news: Credit card rewards plummet

From Nine To Noon, 11:30 am on 18 October 2022

Credit card rewards have begun plummeting, and the reason may not be what you'd expect.

Consumer NZ's head of communications and campaigns Gemma Rasmussen joins Kathryn to explain.

She'll also talk about whether there's any value in add-on insurance - things like mechanical breakdown insurance, guaranteed asset protection, credit contract indemnity and payment protection insurance.

And she'll talk about Consumer's sentiment tracker - how are Kiwi households coping with the financial squeeze and what is it doing to their savings?

Hands holding credit card and using laptop. Online shopping

Photo: 123rf