Fly Buys Is Gone. ANZ Loop Just Changed the Game for Kiwi Rewards.

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Fly Buys wound down. Your points dried up. And for a while, it felt like New Zealand's loyalty landscape was standing still.

Not anymore.

ANZ Loop launched on 1 May 2026, and it works nothing like the old model. No points to collect. No portals to log into. No codes to paste at checkout. You pay with your ANZ Visa card, and cashback lands in your account within days. That is it.

The programme is powered by Visa and delivered through the ANZ goMoney app. PokitPal's role is to source and manage the merchant content, bringing quality New Zealand and global brands into one of the country's most trusted banking experiences. ANZ's 1.7 million-plus cardholders now have a genuine reason to check their banking app before they shop.

What Is ANZ Loop, Exactly?

ANZ Loop is a card-linked rewards programme built directly into the ANZ goMoney app. Cardholders browse available cashback offers from participating brands. When they shop at those retailers using their ANZ Visa debit or credit card, the cashback applies automatically.

There is no extra step at the register. No receipt to photograph. No claim to submit.

Rewards are credited back to the original card within two to seven days, and they sit on top of any existing credit card rewards a cardholder already earns. ANZ Loop is designed to complement their existing loyalty programme, not replace it.

The Brands Live at Launch

The quality of the launch merchant lineup is something we are genuinely proud of. Current ANZ Loop offers include:

• Noel Leeming

• The Warehouse

• iHerb

• The Coffee Club

• Petdirect

• New Balance

• Designer Wardrobe

This is just the start. More NZ retailers across all major categories are coming, and we are actively building out the merchant offering every week.

How It Works Under the Hood

ANZ Loop is built on the Visa Offers eXchange (VOX) platform, the same infrastructure powering automatic cashback programmes across the globe. When a qualifying transaction hits an enrolled card, the reward is triggered and processed through Visa's network, with no manual step required.

For in-store purchases, customers tap their debit card contactlessly and walk out. Online, they check out as usual. The cashback follows automatically.

This is the quiet power of card-linked technology. It strips away the friction that causes most loyalty programmes to underperform. When rewards happen in the background, people actually engage with them.

Why This Moment Matters for New Zealand

Most loyalty programmes fail the same way: they make you work for it.

A growing share of consumers have already figured this out. Globally, 84% say they prefer cashback over any other reward type. Card-linked offer usage jumped from 34% to 45% of consumers between 2020 and 2022, and 93% of those users plan to maintain or increase their usage going forward.

New Zealand has been watching other markets run this playbook for years. The US and UK have had mainstream card-linked cashback for a long time. ANZ Loop brings that model here, at scale, through a channel Kiwis already use every day.

"Rewards schemes have proven popular with Kiwis and this is a way we can deliver cashback offers straight to our ANZ customers." - Grant Knuckey, ANZ Managing Director, Personal Banking

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The winding down of Fly Buys left a genuine gap in the market. ANZ Loop does not just fill that space. It moves forward from it. Where Fly Buys required accumulation and redemption friction, Loop delivers straight cashback, automatically. It is a meaningfully different model.

What This Means for NZ Brands

For New Zealand retailers and advertisers, ANZ Loop offers something that most marketing channels cannot: a direct, measurable path to over 1.7 million engaged cardholders, reached at the exact moment they are making purchase decisions.

The model is performance-based. Brands set their own offers and budgets, and they pay only when cashback is redeemed. No upfront spend, no impression-based billing, no wasted reach. Every dollar maps to a real transaction.

The launch partners show the range of what is possible:

• Noel Leeming is driving basket size with a high-value offer tied to a spend threshold.

• New Balance is building online purchase frequency with a percentage-back model.

• The Coffee Club is growing visit frequency with a flat cashback per visit.

Each brand is using the platform differently. But all of them are reaching ANZ customers through a channel those customers already trust and open daily. For brands thinking about where to invest in customer acquisition and loyalty right now, that combination is hard to match.

How PokitPal Fits Into ANZ Loop

For years, PokitPal has been building merchant relationships across Australia and New Zealand. ANZ Loop gave us the opportunity to bring that network into one of the country's most trusted banking experiences.

The programme works because the right partners came together. Visa provides the card-linking platform and global infrastructure that makes automatic cashback possible. ANZ delivers it through an app their customers already use every day. And PokitPal curates the merchant content, sourcing quality brands and managing the offer relationships that give cardholders a real reason to engage.

We are just getting started. More brands, more offers, and more ways for Kiwis to earn cashback on purchases they are already making.

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Frequently Asked Questions

Do I need to sign up separately for ANZ Loop, or is it automatic?

ANZ Loop is available directly inside the ANZ goMoney app for eligible ANZ Visa cardholders. You do not need to create a separate account. Simply open the app, browse the available cashback offers, and activate any deal you want before you shop. Once activated, the cashback applies automatically when you pay with your ANZ Visa card. No codes, no portals, and no steps at checkout.

Does ANZ Loop cashback stack with my existing credit card rewards?

Yes. ANZ Loop cashback is credited separately to your card and sits on top of any existing rewards you already earn through your ANZ credit card programme. If your card earns Airpoints or another reward currency on every transaction, that continues as normal. ANZ Loop is designed to add value without replacing anything you already benefit from.

How long does it take for cashback to show up in my account?

Once a qualifying transaction is confirmed, cashback is typically credited back to your original ANZ Visa card within two to seven business days. The timing depends on when the retailer settles the transaction. You can track your pending and confirmed cashback directly inside the ANZ goMoney app.

Want to Join ANZ Loop as a Brand?

If you are a New Zealand retailer interested in reaching ANZ cardholders through Loop, we would love to hear from you.

Get in touch with the PokitPal team

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PokitPal is Australia and New Zealand's leading instant rewards platform. We source and manage merchant offers across major banks, fintechs, and over 1,700 retail brands, connecting advertisers with engaged consumers through card-linked cashback programmes.