28° Mastercard Cash Advances while overseas [No more free cash advances from 1/1/14]

Status
Not open for further replies.
Re: 28° [Wizard] Mastercard Cash Advances while overseas

Is the Velocity global wallet card and the Qantas cash travel card similar to 28° ?
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

Hi all,

Just my electronic transfer from Westpac charges money (it's the stupid business account system they have) every time I do it.
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.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

Is the Velocity global wallet card and the Qantas cash travel card similar to 28° ?

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.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

and you need to be pretty sure it'll be more than 3% lower when you need to spend, or you're still behind due to fees.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

Hi all,

Just my electronic transfer from Westpac charges money ?

My Westpac account didn't (yet.....). I had the same questions earlier, as I was used to using Westpac BPAY to pay 28 degrees, so now I just EFT to transfer into Citibank Plus
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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.


actually the qantas cash looked pretty good! (and I don't often say that about QF!!!)
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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.

Still better than most travel cards out there, plus you can earn points on it. Had it been based on the Travelex travel wallets and especially with more margin built in, definitely it would've been ****.

Plus, after 28 Degrees starts charging for cash advances, that puts 28 Degrees - at least from a cash point of view - out of the race. That does leave Citibank (not sure about the Bankwest products) and most people have one, but you don't earn points on it, but naturally that's a big deal if the difference makes it so.

So, yes Citibank is better but Qantas Cash certainly isn't ridiculously bad. In a similar way, 28 Degrees wouldn't be bad if you used it as a credit card after 1 Jan 2014, but by that time some people may just suck up the 2-3% conversion fee on their favourite credit card and earn points at the same time.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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).

I may seem little, but in reality 90%+ of my USD cash spend is in tips .... so 37 $1 notes I find useful ...
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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 ...

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.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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.
Ha - I have been doing it for years.

Mainly getting $20/$40 out from the ATM near the concourse entrance to the AC/FL at LAX T4.

What I did not post was that today I also sent another $7 the way of the Q$card to get it to over $40 with enough to cover any ATM fee. As for the $20's, any Club bartender is happy to change them to smaller notes, even if using a chit for the drink. ;)
 
Last edited:
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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!)
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 brought back a fair amount of Thai baht with me for next trip. But one of the first things I do when I am over there is make sure I have a sizeable supply of 20 baht, 50 baht and 100 baht notes as well as small coins. Need 100 baht top-up for 1-2Call then pay with a 1000 baht note at SevenEleven and you will generally receive 9 100 baht notes. Do the same thing when buying beer.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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.
Agree, crossed it off the list straight away on this basis.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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?

You are not 'loading up the card'. This is not a credit card. It is a standard transaction account. You have opened another bank account which the citibank visa debit is your ATM card for. It is why this account is so good, no need for credit check etc. so pretty much anyone can open one and start saving on OS transaction costs as it can be used for cash and internet purchase if you wish.

I seriously didn't think any Australian institution charged for online transfer of money between bank accounts these days.
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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 !
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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
 
Re: 28° [Wizard] Mastercard Cash Advances while overseas

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

Oh okay, I have my business accounts with Bankwest and doesn't cost me a cent to do anything with them it seems!
 
Re: 28° Mastercard Cash Advances while overseas [No more free cash advances from 1/1/

Which Bank in America to use to get $0
Bank fee from ATM again.... Read bank of America but all I tried charged $3
 
Re: 28° Mastercard Cash Advances while overseas [No more free cash advances from 1/1/

Shortly it will be "Hello Citibank Plus fee free debit card".
 
Re: 28° Mastercard Cash Advances while overseas [No more free cash advances from 1/1/

Shortly it will be "Hello Citibank Plus fee free debit card".
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%.
 
Status
Not open for further replies.

Become an AFF member!

Join Australian Frequent Flyer (AFF) for free and unlock insider tips, exclusive deals, and global meetups with 65,000+ frequent flyers.

AFF members can also access our Frequent Flyer Training courses, and upgrade to Fast-track your way to expert traveller status and unlock even more exclusive discounts!

AFF forum abbreviations

Wondering about Y, J or any of the other abbreviations used on our forum?

Check out our guide to common AFF acronyms & abbreviations.
Back
Top