Friday 24 May 2019

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Cork Independent


Avios, Ireland!

Wednesday, 6th March, 2019 4:34pm

Money and travel, what a combo!

Bank of Ireland has teamed up with Aer Lingus to introduce its newest credit card offering. The new co-branded Aer Credit Card offers all the convenience of a regular credit card but comes with a whole host of travel rewards for customers.

Susanne Carberry, Director of Network Revenue and Loyalty, Aer Lingus, said: “The launch of Aer Credit Card is an exciting next step for AerClub which recently welcomed its one millionth member and we are delighted to partner with Bank of Ireland.

“We launched AerClub two years ago with the ambition of creating an offering that would have widespread appeal and everyday relevance. Aer Credit Card is a strong addition to this portfolio as it offers a credit card product together with attractive travel rewards and equally allows cardholders to earn Avios with every transaction.”

Avios are the reward currency used by Aer Lingus, British Airways, Flybe, Iberia, Kulula, Air Italy and Vueling.

Christine Hamill, Head of Retail Cards at Bank of Ireland said: “We are delighted to partner with Aer Lingus to create this unique proposition for our customers.

“We are constantly looking at ways to reward our customers. Year on year, credit cards are coming out on top as the number one payment choice for holiday purchases.

“Aer Credit Card will enhance customers travel experience with lounge access, fast passes, travel insurance and free fares to reward them for their loyalty. In addition the extended Avios earned can be used to save money on flights, hotels and car hire.”

Each year, customers who sign up to the card will receive two free return fares to Europe, two fast track and priority boarding passes, two lounge passes, worldwide multi-trip family travel insurance, including winter sports.

Customers can collect one Avios for every €1 spent on Aer Lingus products and services and one Avios for every €4 spent on all other transactions.

The rewards package from which cardholders can benefit is worth in excess of €200 upon receipt of the card, and increases to a value in excess of €400 when reward flights become available, notwithstanding the additional benefits which Avios enables. The Aer Credit Card will cost €7.99 per month plus Government stamp duty of €30 per annum with standard annual interest rate of 16.12 per cent variable and annual percentage rate (APR) of 26.6 per cent variable for purchases.

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