Options in Australia for MS.
Aug 23, 2022, 5:56 am
#1
Original Poster
Join Date: Aug 2022
Posts: 1
Options in Australia for MS.
Hi All
Needing to get CC rewards points up a but i have hit some issues trying to MS.
1) Using austpost prepaid mastercard is not workable as reloading with my visa CC is not possible. Reloading with my Debit card is possible but obvioulsy does not give me reward points.
2) buying gift gards from supermarket with my CC.....well... just buys gift cards and is neutral effect for rewards points...unless i sell them on . Not really appealling.
3) buying GC in store using CC for use in playstore,amazon or apple and then transfering fund to paypal, no longer works.
4) buying grocery items and returning for refund, negativley charges the CC and the reward points are withdrawn.
Any suggestions on improving the above or alternative MS technique?
Needing to get CC rewards points up a but i have hit some issues trying to MS.
1) Using austpost prepaid mastercard is not workable as reloading with my visa CC is not possible. Reloading with my Debit card is possible but obvioulsy does not give me reward points.
2) buying gift gards from supermarket with my CC.....well... just buys gift cards and is neutral effect for rewards points...unless i sell them on . Not really appealling.
3) buying GC in store using CC for use in playstore,amazon or apple and then transfering fund to paypal, no longer works.
4) buying grocery items and returning for refund, negativley charges the CC and the reward points are withdrawn.
Any suggestions on improving the above or alternative MS technique?
Nov 17, 2022, 10:31 pm
#2
Join Date: Jul 2021
Location: YVR ✈ SYD
Programs: House MD, How I Met Your Mother...
Posts: 100
Go to a different country that has more developed MS methods and try there?
Alternatively, read content in the forum re. other countries and try the same methods in Aus, then report back. All data points are appreciated.
Alternatively, read content in the forum re. other countries and try the same methods in Aus, then report back. All data points are appreciated.
Nov 18, 2022, 5:58 am
#3
Join Date: Mar 2009
Posts: 2,295
Welcome to FT.
I have no particular insight except to say that Australia limits the interchange fee that credit card companies can charge, thus leaving a pretty poor market for credit card rewards in Australia.
Some in the United States wish to do the same. And while the U.S. credit card market is more robust and competitive overall, doing so will clearly reduce rewards for consumers.
I have no particular insight except to say that Australia limits the interchange fee that credit card companies can charge, thus leaving a pretty poor market for credit card rewards in Australia.
Some in the United States wish to do the same. And while the U.S. credit card market is more robust and competitive overall, doing so will clearly reduce rewards for consumers.
Last edited by danpeake; Nov 18, 2022 at 9:12 am