Looks like this deal is back. Not sure if it's only available via the fb targeted link, or everywhere.
https://www.americanexpress.com/au/credit-cards/platinum-edg…
Edit: Looks like the same offer is being offered on Referrals - Cycle through those instead and get a fellow OzBargainer some free points.
Referrer: 40,000 Reward Points
Referee gets 200,000 MR points. Referrer gets 150,000 MR points.
Who's travelling ATM?
Only travelling is to the supermarkets for toilet paper
If I did I'd prefer to use my crypto card.
Better exchange rate than I've ever used before.
Dozens of currency options to load up the debit card with.
And I get spend bonuses witg it too,
Any crypto card brands you recommend?
@FirstWizard: Yeah Crypto.com but the staking is considerably higher now. Used to only be $2.1k back then now it's $4k USD to stake.
can you book for late next year?
Why do CC still have over 20% interest rates?
Spot on! You are lucky to get 1% from the banks borrowing your money but if you borrow theirs, 21.99%. Mortgage rates are much lower.
Short answer: that's how banks make their living, off those who go over their spend limits or forget to pay their cc bills
Interchange costs are a more sustainable income source
Not entirely.
Two types of cc users.
Ones who don't pay back 100% of used money in time and give the banks heaps in the interest accrued from it.
The other type is the one who uses their cc wisely, always pays back 100% of borrowed. The banks make their money of each transaction the do.
So it's a win win for the banks,
Unless you're a cc 'hacker like me.
Always pay back the 100% before accruing interest.
Earning bonuses for the card use itself,
Doing this over and over with different cards for different bonuses.
Hmm, unsure why I'm down voted for providing facts Here?
If you default on your mortgage, bank gets your house. There is no collateral on a credit card line of credit, banks have to protect themselves somehow. With that being said, the amount of interest being paid on credit cards has been decreasing over time anyway..
If you are paying interest on your CC, you are doing it wrong.
Exactly. They could have 760% interest rates and it would not phase me one bit.
Heck, make it 69,420% for all I care
For some reason it showed up as “exclusive offer” 100k points instead of 50k, I’ve applied for it let’s see
So what happens when your travel booked with a flight credit gets covid cancelled, and you are in your second year. Do you end up with 2 credits , or is it refunded as a $ credit ?
They extended the expiry date, and the cancelled ones made back into travel credit reserve, with a further 12 month validity. Usually if you cancel, you don't get your credit back. But they had a covid exception.
I have so much travel credit saved up now 😅
Yeah, i have another $200 travel credit that expires in December. So you recon this $200 will add on?
I also have my ANZ travel rewards flight in credit…and sadly around 8 lounge passes that will soon expire. But there is no where to go really..
so they did offer a 1yr extension to any travel credit in 2020. Not sure if they have announced anything similar for things that expire in 2021.
In my case, I have 3x$200.
* 2019 credit, I had a booking made, that got cancelled. The refunded the credit in full, with an extension to expiry.
* 2020 credit, They gave a 1-year extension to expiry.
* And now the 2021 credit, which I just got awarded last month on the anniversary date of my card.
seems to be also available through the ozb random referral link which will also get the referer some points i guess
Got knocked back for the Explorer which sucked so I thought I’d have a crack at this. Applied yesterday and was accepted today. While not as lucrative, I still value this at almost $600 so it’s better than a poke in the eye.
For those who can’t get the Explorer, I suggest you aim for this, especially while it’s free.
100k points now
for plat edge? not with OP link
Travel Credit…