Bank of Ireland partners with Aer Lingus to launch Aer Credit CardJanuary 29, 2019
Bank of Ireland partners with Aer Lingus to launch Aer Credit Card
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 unique travel rewards for customers.
Each year, customers who sign up to the card will receive: two free return fares to Europe (1), two fast track and priority boarding passes (2), two lounge passes(3), Worldwide Multi-trip Family Travel Insurance, including winter sports(4). Customers can collect 1 Avios for every €1 spent on Aer Lingus products and services and 1 Avios for every €4 spent on all other transactions(5).
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. Aer Credit Card will cost €7.99 per month plus government stamp duty of €30pa with the standard annual interest rate of 16.12% variable and Annual Percentage Rate (APR) of 26.6% variable for purchases**
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.”
Susanne Carberry, Director of Network Revenue and Loyalty at 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.
Bank of Ireland also allows customers to spread larger credit card payments over €500 at a low rate of 6.9% APR. The payment plan option is an ideal way to budget for a holiday as it offers an excellent rate with payments spread over twelve months.***
Aer Credit Card complements the offering of AerClub, Aer Lingus’ unique loyalty programme which offers its members the opportunity to collect Avios ‘in the air’ each time they fly, ‘on the ground’ with partners such as SuperValu and Kildare Village, and ‘online’ via the AerClub eStore which is home to hundreds of top name brands including retail, hotels and car hire, across Ireland, Europe and North America.
Avios is the reward currency of AerClub. By collecting Avios, members can turn their flights and shopping into reward flights and more with Aer Lingus and AerClub airline partners.