Hi Guys,
I got Citi CC (Thanks Ozbargain!) and ING 5% (Thanks again Ozbargain!)
As my 5 % reward coming to an end which one is preferable for day to day use?
I can still get 2% off from ING but would it be better if I use my CIT CC?
Any ideas guys?
take advantage of the ME Bank's 5% cashback for now.
I crunched the numbers in terms of myer/JB/DJs gift cards when I got Citi signature a few months back (thanks OzB :-) )
$50 costs 8600 points so each point is worth 0.58 cents. Platinum accrues at 1.25 points per dollar so each dollar spent nets you .73 cents ie less than a third of the 2%. I get .87 cents on Signature which is still much lower than 2%, but you obviously want the citi for when you're spending over $100
Thanks Jay29043. Perfect. I'll keep using ING when time comes for 2%.
@daveaus - Yes, I am going to use me bank as suggested but was asking for reference.
The 2% is certainly worth more. You can get the 5% offer from MEBank, its been extended to 31st of August so why not do that: http://mebank.com.au/etahome/homepage/?CampaignID=ETA_SOCIAL…