New Platinum Card Bonus Partners

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tbd

Junior Member
Joined
Aug 19, 2010
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New bonus partners out on website- including an interesting one to donate $150 to MS Australia for 5000 bonus points. Wonder if you can get a tax deduction as well....
 
Is this a good point per dollar ratio? :)

Also can you donate multiple times ? i.e. donate 2 X $150 to get 2 X 5000 points? :)
 
Is this a good point per dollar ratio? :)

Also can you donate multiple times ? i.e. donate 2 X $150 to get 2 X 5000 points? :)

Just had a look at the link- you can only do it once but I suppose you can go once per card. And yes, it is tax deductible!
 
Thanks. The question is how much I can get back on my tax return of the $150 :)
 
If you are on the top marginal tax rate, you will get 46.5% back.

Therefore, net cost is 0.535 x $150.00 = $80.25 for 5225 points on a platinum charge card (I assume you still get 1.5 pts/$).

That is 1.54c/pt and a donation to a good cause.
 
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