Hiver 5% Cash Back Ending 7 Sept

So, just got an email saying it's over. What's the new best combo? HSBC 2% still good but a shame the 5% is gone.

"Thank you for being a Member of the Hive.
Effective Saturday, 27 August 2022 the 5% cash back offer1 has been withdrawn from market for new Members.
Existing Members will continue to enjoy 5% cash back until 5pm EST Wednesday, 7 September 20222 for everyday essential purchases."

Related Stores

Hiver Bank
Hiver Bank

Comments

  • +6

    Bait and switch

  • +1

    Crypto.com card and HSBC probably all there is

    For me will use HSBC for all tap and pay, and CDC card for everything else

    Was fun while it lasted with Hiver - will close account in October once final cashback comes through.

    • +1

      Even cdc has dropped their rates significantly. The white card (requiring you to stake 50k) is only 3% now, green 2% and ruby 1%. And with the removal of subscription rebates on the green and lower, I’m not sure it’s even worth keeping over cashing out.

      • IMO, no point cashing out until the next bull run.

        Agree with Shadow, HSBC for everything under $100 to secure 2% then other stuff like council rates/bills (through auspost) etc use CDC.

  • +4

    Existing Members will continue to enjoy 5% cash back until 5pm EST Wednesday, 7 September 20222

    What’s the concern? Existing members can continue to enjoy the offer for another 18,200 years!

    • Is 7 September 20222 a Wednesday?

      • +1

        I wont do it on the last day as someone mentioned in the deal post that it needs to be settled by 5pm on that day. Coles usually settles the purchases in one day, before 3pm.

        • My purchase on the 31st, settled on the 1st was not included in the August cashback. Thus, I think a purchase made on the 7th, settling on the 8th is not eligible for cashback, unless it is still eligible via EFTPOS and you choose it on the 7th before 5pm.

  • +2

    Massively disappointed they cut it completely for existing members. 2% would have been nice for a while longer.

  • I'm out of the loop. What is Hiver?

    • +1

      Oh, just some debit card that gives you 55% cashback on purchases for the next 18,200 years. It was a great product until they turned out to be a wunch of bankers

  • +1

    Clearly it has been Ozbargained…

    • Isn't that the point of a promotion, to get more users?

      • +1

        I think they were hoping for profitable customers who would take out loans…

  • Anyone else getting issues trying to purchase Woolworths Gift cards? Getting an error at payment.

    • Hiver appear to limit spend.

      Cut the payment into smaller amount.

  • +6

    If closing Your Hiver account, don’t forget to provide a bsb and account number of another bank so you can receive the $10 “member share” Hiver gave you when opening the account :)

    You can close your account through the app: click the 3 lines to bring up the menu, then select ‘Contact and support’, then ‘in app message’, then ‘new’ , then select category ‘resign my membership’

    • I did this 3 days ago and I haven’t heard back from them that the $10 has been refunded back to new account.

      • Where do you provide bank details for that?

        • +1

          I replied to the message of Hiver when they requested for new bank account details

    • When I opened my Hiver account there were two initial transactions. First was a $10 debit for Shares, second was a $10 credit as a welcome bonus.

      Will I still be able to cash out my $10 share?

      • I just closed my account and they put my $10 share into an account of my choosing

        • Did you call or live chat to close the account?

  • I was late to the Hiver party… only did one month of cash back… but can someone confirm cashback on the woolies gift cards? I wont know until the 5th if I got the rebate on the last lot. Thinking of grabbing a decent balance of gift cards before the deal expires.

    Wont even have come close to maxing out the supposed $250 limit on the rebate. Hope others did!

    • +1

      Yes you'll get the bonus on giftcards if purchasing through the Woolworths gift card site (or in store)

      • Thanks Peter… next year of grocery discount locked away

  • Short lived for me anyone know of other banks with similar deal?

    • If there are, they won’t be solvent for long once a deal is posted about it…

    • HSBC is the only one I can think of, they give 2% Cashback on all tap and go transactions under $100

  • +1

    Hi all.

    Just closed my account as I was never going to use the card again without the 5%. Totally forgot about the welcome bonus/share that they issued and when I requested to close the account they asked for my BSB and Account number for a different bank to pay the share into. Just received my $10, so might be beneficial to close the account if you weren't planning on doing so!

  • +1

    Just got my final cashback - $62.37

    Final haul of $232.55 so not far off the maximum.

    Time to close account

  • They will reinstate the 5% once all the Ozbargainers jump ship.

    • Don't think so.

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