Collect 80,000 bonus Flybuys points (converted from 80,000 NAB Rewards Points) when you spend $1,000 on everyday purchases in the first 60 days.
Receive an additional 30,000 bonus Flybuys points (converted from 30,000 NAB Rewards Points) when you keep your card open for over 12 months.
$305 profit over the 60 day period,
$455 profit if you keep it active for 12 months.
Same question with Low Fee card - I'm about to collect the final $100 of the $300 credits.
They’re different.
Shouldn't it be $550 - (2x$95 annual fee) = $360 profit if you keep it for more than 12 months?
Maybe cancel before it reaches the 13th statement?
You can pro rata the annual fee the second time around.
Where does the $305 come from?
$400 worth of Flybuys points minus the $95 fee.
Does this have any additional fees for international purchases?
Yes it does
$305 profit over the 60 day period,
$455 profit if you keep it active for 12 months.
The way I read this was:
$305 profit in year 1.
$455 profit in year 2.
Total profit = $760
Lmao, that's how greedy I want to be lol.
I got the points and closed the card so quick, that the annual fee wasn't charged on my account.
Timeline: 8/4 applied, 12/4 approved, 18/4 min spend met, 20/4 points arrived and converted to flybuys, 23/4 card closed. 26/4 first statement and no annual fee on it.
now THATS a skill
I've got the NAB Qantas that I'm about to cancel after receiving bonus points. Can I apply for this to get the Flybuys and if so, can I also apply for thus card fir the Velocity points?
https://www.nab.com.au/personal/credit-cards/nab-rewards-car…
If you are in cards churning game, be aware of credit utilisation: https://www.forbes.com/advisor/credit-score/guide-to-credit-…
That's advice for the US.
$400 is $400
Now the question is, are NAB Qantas rewards and NAB rewards two different streams i.e. don't eat into each others exclusion periods