One NZ and fintech innovator dosh have launched a first-of-its-kind partnership that links everyday spending and home loans to One NZ Phone Dollar rewards, giving customers a new pathway to upgrade their phones.
Phone Dollars are designed to turn loyalty into something tangible -helping customers put everyday rewards toward their next interest-free phone on a One NZ plan.
The partnership includes the new One NZ dosh Visa Debit Card and an exclusive dosh Home Loan offer, both designed to bring meaningful rewards to everyday Kiwis, not just premium credit card holders.
James McEniery, Co-Founder of dosh, says the partnership is a major moment for the fintech.
“Other providers have been stepping back from loyalty in New Zealand. We’re going in the opposite direction — doubling down on rewarding Kiwis, especially on everyday spend with the new One NZ dosh Visa Debit Card.
“Having One NZ — with over 2 million customers — back a local challenger like dosh is huge. Together, we’re opening up new ways to earn Phone Dollars and get into a new device faster.”
The partnership also gives dosh customers access to One NZ’s powerful Phone Dollar ecosystem, with earnt rewards visible directly inside the dosh app.
Joe Goddard, Chief Experience & Commercial Officer at One NZ, says the partnership is a bold move to rethink loyalty in New Zealand.
“We’ve got an ambitious goal, we want our customers to be able to upgrade their phone without paying for it - simply by earning Phone Dollars through their everyday spend. Partnering with dosh brings us one giant step closer to making that real.”
Goddard says the company wanted to back a Kiwi-owned startup that aligns with its values.
“dosh is doing great things to make money simpler for Kiwis. We’re proud to partner with a local fintech and show what happens when two Kiwi companies come together to challenge the status quo.”
Earn rewards where Kiwis actually spend — on debit, not credit
The new One NZ dosh Visa Debit Card lets customers earn $1 Phone Dollar for every $100 spent on everyday spend, uncapped — and without the interest rates associated with credit cards.
Because it is a Visa Debit Card, customers get:
- full control over their spend
- no credit risk
- the confidence and global acceptance of Visa
Meanwhile, customers who take out a dosh Home Loan can earn $1,700 Phone Dollars upfront. This is in addition to any offers from a bank, such as up front cashback Standard lending criteria apply. *
A new loyalty ecosystem for New Zealand
This partnership marks the first major expansion of One Wallet, One NZ’s rewards platform, with more partners expected to come on board.
Key customer benefits include:
- Earnings on everyday debit card spend with the new One NZ dosh Visa Debit Card
- Phone Dollars for new dosh home loans*
- Bonus rewards for new and existing dosh customers ($50 Phone Dollars–$100 Phone Dollars)
- A simpler path to interest free phone upgrades — one of the biggest household tech expenses
- Stronger competition and innovation in NZ’s financial sector
Availability
Customers can learn more at one.nz/dosh
ENDS
Dosh Home Loans are approved, issued and managed by Westpac New Zealand Limited (“Westpac”) and promoted by Dosh. Lending and eligibility criteria and terms and conditions apply.
Dosh home loan reward offer has a minimum loan size of $300,000, minimum 1 year fixed term and eligibility criteria and T&Cs apply.
The Phone Dollars reward is provided exclusively by One NZ. One Wallet:
Use Phone Dollars towards interest-free phones, with Pay Monthly plan & min $99 deposit. Max balance of $4,999.99 Phone Dollars. Eligibility criteria & terms apply, see one.nz/one-wallet.