• Earn Airpoints Dollars on your Choices Home Loan balance1.
  • Only available on standard interest rates.
  • Choose from floating or fixed home loan options2.
  • Choose how you repay, and a term to suit you.
  • Open to all Air New Zealand Airpoints™ members.

How it works.

Earn one Airpoints Dollar for every $1,000 of your outstanding loan balance each year1. These are calculated and awarded each month to the Airpoints account of the nominated earner3.

If you're not already an Air New Zealand Airpoints member, you can join online.

Features in detail

  • A loan term of up to 30 years
  • Choice of fixed, floating, or split home loan option for both flexibility and certainty
  • Choice of a table, reducing or interest only repayment structure
  • If you are moving, you might be able to transfer your loan to your new home.
  • Not available on Choices Floating with Offset or Choices Everyday Floating Home Loans.

With a fixed interest rate you can:

  • Choose fortnightly or monthly repayments
  • Increase your regular payments by up to 20% above the minimum fixed rate repayment at anytime unless a higher regular repayment amount was agreed before the start of your fixed rate period
  • Apply to top up your loan by $5,000 or more at any time.

With a floating interest rate you can:

  • Change your repayments when you like
  • Make one-off lump sum repayments or even pay your loan off in full without prepayment costs
  • Apply to top up your loan by $5,000 or more at any time.

Who can apply?

You can apply whether you're a new or existing Westpac home loan customer2. If you already have a home loan with us, you'll need to sign new loan documentation (which may mean your existing benefits are not transferred) and prepayment costs may be payable if you break your existing fixed home loan.

Current rates.

If you don’t pay amounts when they’re due, your loan account may exceed its limit and the rate of interest that’ll be applied to the overlimit amount will be the interest rate + 5% p.a.


Find the best option for you with our home loan calculators.

Apply online.

Existing customers can apply for a home loan via Westpac One® online banking.

Log in to Westpac One

Get in touch.

Meet with an expert

Our Mobile Mortgage Managers can come to you, when it suits you best.

Find a Mobile Mortgage Manager

Talk to us

Call us from 8am to 6pm Monday to Friday, 9am to 3pm Saturday.

Call us on 0800 177 277

Visit us

Make an appointment to talk to a home loan expert in branch.

Find your nearest branch

Things you should know.

Westpac Choices Home Loan with Airpoints. Special conditions apply.

Existing customers will need to enter into new loan documentation. Only available on current standard Westpac home loan rates. Not available on Choices Floating with Offset or Choices Everyday Floating Home Loans, specials or packages. Existing benefits may not be transferred. Prepayment costs may be payable if an existing fixed term home loan is broken to transfer to Choices Home Loan with Airpoints.

3 Only one borrower can be the nominated earner. Nominated earner must be a borrower in his or her own capacity and cannot be a trust, partnership or other entity borrower. See the Westpac Choices Home Loan with Airpoints Special Conditions for full details.

Interest rates are subject to change without notice. Westpac's eligibility criteria, home loan lending criteria, terms and conditions apply. An establishment fee may apply. A low equity margin may apply.

You must be a member of Air New Zealand's Airpoints programme to be eligible to earn Airpoints Dollars. Airpoints terms and conditions apply.

Documents and fees

See the detailed terms and conditions for our Choices Home Loan with Airpoints account:

View terms and conditions for all our home lending products here.