Alternatively have part-salary or some other routine payments directed into the Citibank Plus account - you can EFT out of there to other bank accounts for free.Hi all,
Just my electronic transfer from Westpac charges money (it's the stupid business account system they have) every time I do it.
Is the Velocity global wallet card and the Qantas cash travel card similar to 28° ?
Hi all,
Just my electronic transfer from Westpac charges money ?
Not really - the main difference probably being the awful exchange rates they offer (well certainly for Velocity GW...haven't tried QF but I assume it's no different) when moving funds to a non AUD currency. VGW also charges for each ATM withdrawal.
The only real use of a travel money card (as opposed to say Citibank Plus) is to lock in an exchange rate you think might be lower when you need to use the funds.
unless you really think you can predict currency fluctuations, and do it better to within 3%, it's worse in every way than the Citibank Plus, 28 Degrees, Bankwest Platinum or Aussie Platinum cards.
I seeded my QF cash with AUD40 a week or so ago - just cuz I could.
Today I decided to transfer all to USD, so now have $37 greenback credit - may use when next in the states (March).
Sound little, but in reaility 90% of my USD cash spend is in tips .... so 37 $1 notes I find useful ...
Ha - I have been doing it for years.An ATM in the States is not going to give you $1 notes!
You'll have to withdraw it, cop the ATM fee then see if someone will break it down for you.
I found this is a most frustrating exercise when arriving in the States after exhausting all greenbacks on the previous trip - it does not help when your first daily forays after arrival come thick and fast (and you have no tips money!)
Sorry didn't mean to spring that on you - just confused as to how you intend to make that approach useful other than having greenbacks ready to fire in your QF account.
One thing you can consciously do on every trip is make small notes at every opportunity. Use USD1 for tips but if paying for something then use the bigger bills and have a constant supply of smaller bills.I found this is a most frustrating exercise when arriving in the States after exhausting all greenbacks on the previous trip - it does not help when your first daily forays after arrival come thick and fast (and you have no tips money!)
Agree, crossed it off the list straight away on this basis.unless you really think you can predict currency fluctuations, and do it better to within 3%, it's worse in every way than the Citibank Plus, 28 Degrees, Bankwest Platinum or Aussie Platinum cards.
Hi all,
Just my electronic transfer from Westpac charges money (it's the stupid business account system they have) every time I do it.
So basically even though VISA Debit card I cannot get Citibank to request money from another account(Like I do with Ubank/Me bank) and unlike paying for any credit card, 28 degrees, I cannot Bpay the amount into the card?
Citibank Customer service said I can Bpay money in by putting my account number in the REF number section of Westpac BPAY.....Is this correct?
So really just load card up before I go...hope for the best?
Apparently one does - must have some awesome features !I seriously didn't think any Australian institution charged for online transfer of money between bank accounts these days.
Apparently one does - must have some awesome features !
It is standard for business bank accounts and internet banking to charge fees for transfers...
Not so for personal accounts though as a general rule
I think so. The best strategy with US ATMs is to withdraw 400 or more at a time, so the fee works out at below 1%.Shortly it will be "Hello Citibank Plus fee free debit card".