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Phone Dollars FAQ's

Phone Dollars – Everything You Need to Know

James avatar
Written by James
Updated over a week ago

What are Phone Dollars?

Phone Dollars are rewards you earn through dosh and One NZ. You can use them to reduce the cost of a new phone when you upgrade in a One NZ store.

1 Phone Dollar = $1 off your new phone.

You can redeem them on any new phone priced $199+ on a 24- or 36-month interest-free term with an eligible One NZ Pay Monthly plan. A $99 deposit is required (your trade-in can cover this), and at least $1 monthly must be paid over the term.

Do I need to be a One NZ customer to earn Phone Dollars?

No—you don’t. Anyone with a dosh account can access their One Wallet in the dosh app and start earning Phone Dollars.

How do I earn Phone Dollars with dosh?

1. Spend on your One NZ dosh Visa debit card – Earn 1% back in Phone Dollars on eligible everyday spend.*

2. Take out a home loan with dosh – When your home loan settles, you’ll receive $1,700 in Phone Dollars from One NZ.*

*T&C's apply.

Do old dosh cards still earn Phone Dollars?

Yes—all dosh cards, old or new, earn Phone Dollars on eligible spend. If you want the new One NZ dosh card design, you can order a replacement in the dosh app for $15.

How do I redeem my Phone Dollars?

You can redeem your Phone Dollars in any One NZ store when upgrading your phone.

It’s for everyone?

You’re in, no matter what phone network you're on.
Find out how many Phone Dollars you already have in your One Wallet and how to get some more.

How do customers earn Phone Dollars?

Through eligible offers such as bill bonus, everyday purchases, dosh loans, trade-ins, boosts and more.

Do Phone Dollars expire?

Yes, Phone Dollars earned through dosh expire four years after being added to the One Wallet.

What purchases count for Dosh earn?

Everyday consumer purchases, excluding gambling, cash advances, government fees, crypto, etc. See the full T&C's here.

How is 1% earn calculated?

1% of total eligible spend for the calendar month. Using Swedish rounding based on the rounded transaction amount.

How does a customer redeem Phone Dollars to get a new phone?

Your Phone Dollars balance can only be redeemed for the mobile number associated with your One Wallet.

Every Phone Dollar equals one real dollar off the price of a new interest-free phone with One NZ. Use your Phone Dollar balance on any new phone $199+ on a 24 or 36 month interest-free term, with an eligible One NZ Pay Monthly plan. You’ll need a minimum $99 deposit, which you could pay with the trade-in value of your old phone, and there’s a minimum $1 payment required over your term. Phone Dollars can’t be exchanged for cash.

For more detail see one.nz/one-wallet

Summary

- Can non-One NZ customers earn Phone Dollars? Yes.

- How to earn: 1% card spend + $1,700 home loan bonus.

- Do old cards earn? Yes.

- What can you use Phone Dollars for? Discount on new phones.

- Where to redeem? Any One NZ store.

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. Use Phone Dollars towards interest-free phones, with Pay Monthly plan & min $99 deposit. Max balance of $4,999 Phone Dollars. Eligibility criteria & terms apply, see one.nz/one-wallet

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