Credit Card for Overseas Wedding

LBargainBusker on 16/05/2018 - 18:07
Last edited 16/05/2018 - 18:24 by 1 other user

Howdy,

I'll be spending upwards of $15,000 overseas for a wedding in a months time and was wondering what the best credit card would be for this. Looking for one with best rewards to maximise the spend but also need to keep in mind the overseas transaction costs of some cards that will negate the bonuses in some cases. I have the cash but figure might as well stick it on the card to try and get benefits.

I'll be approved for a large amount as I have a good credit history and earn about $200k per annum.

QFF points I guess would be most beneficial. Not too concerned about annual fees etc if it means a big jump in points as I travel regularly overseas. Still using my 28 Degrees card from OZB from years ago…

I can always get the ANZ 75,000 rewards points one, but just thought I'd ask the wise folk before applying.

Cheers

Financial

Comments

  • [Deactivated] on 16/05/2018 - 18:13
    +2

    I’d suggest stick with the 28 degrees for fee free transactions
    3% of $15k is $450

    I doubt you’d get that much benefit from any reward points

  • Baysew on 16/05/2018 - 18:26

    Start with the OzBargain wiki. Cards with No Overseas Transaction Fees

  • chumlee on 16/05/2018 - 18:32

    "I'll be approved for a large amount as I have a good credit history and earn about $200k per annum".

    From what i witness in everyday life, the more you earn the more you waste on an unsustainable lifestyle so no guarantee you will get approved for a large amount

    • BargainBusker on 16/05/2018 - 20:57

      lol like weddings i hear ya. Take me back to the caveman wedding cermonies whre you slaughter an animal and be done with it. Now you'd have to find a gluten, vegan and fat free animal to bargain with. Society has decided a shiny diamond. How about a shiny eggplant

  • evol on 16/05/2018 - 18:46
    +2

    Bankwest Qantas Platinum/World MasterCards. No foreign transaction fees and the exchange rate is the MasterCard rate.

  • BargainBusker on 16/05/2018 - 20:55

    Thanks all, yeah looks like i'll just stick with 28 degrees for these purchases.

    • Kenb0 on 16/05/2018 - 22:58
      +2

      Why not the BankWest Qantas platinum MasterCard like someone else recommended? You get the same fee-free rates as 28degrees but you'll get points for any purchases on the card. If you travel overseas regularly and you want to earn points on your overseas spend without incurring any foreign transaction fees, this would be the best card for you, no buts about it. And you'll get free travel insurance on the card as well.

  • tomsco on 16/05/2018 - 21:24
    +1

    Coles MasterCard does points. $99 annual fee and no FX fees.

  • TheMindsetTraveller on 16/05/2018 - 23:13
    +2

    ANZ Explorer Card earns you points (that can be converted to Velocity, then Kris Flyer) and does not have currency conversion fees.

    There is an annual fee though but is offset by a free return domestic flight in Australia.

  • tsunamisurfer on 17/05/2018 - 14:13

    $200k / annum?

    Please consult a lawyer for a Binding Financial Agreement.

    • BargainBusker on 17/05/2018 - 16:28

      Hmm never thought about a prenup…seems like a touchy subject to bring up after 10 years

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