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

[cove]

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

Yes we can do that if you are around. We had the champagne delivered so I think we will be ready for Sydney.

 

[DeKa]

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

Thanks for the additional maths Deka...I have the Citibank Signature fee free for life...

Thought so

 

[Cruiser Elite]

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

TBH whilst I have held 28Deg for years I have only ever used it as 'mobile wallet' to withdraw funds whilst o/s and never actually used it as a credit card for purchases.

How does the 28Deg exchange rate compare to say Citi for o/s purchases?

For point of exercise below recent Select transaction when I took up USDM offer of 100K miles + 50% bonus:



Anybody here use 28Deg for same purchase?

 

[bcworld]

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

TBH whilst I have held 28Deg for years I have only ever used it as 'mobile wallet' to withdraw funds whilst o/s and never actually used it as a credit card for purchases.

How does the 28Deg exchange rate compare to say Citi for o/s purchases?

For point of exercise below recent Select transaction when I took up USDM offer of 100K miles + 50% bonus:

View attachment 20670

Anybody here use 28Deg for same purchase?

The rate is excellent...very similar to what Citi offers.

As an example:

From what I can gather from Yahoo on 28Oct the rate was somewhere between 1.0417 and 1.0476.

 

[Ghostdunks]

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

How does the 28Deg exchange rate compare to say Citi for o/s purchases?

Leaving out additional foreign transaction fees charged by bank/financial institution(eg. comparing Citibank Plus and 28degrees, where there are none), you're basically then just comparing Visa's exchange rate vs Mastercard exchange rate, where the difference would be minimal. Both companies do some much business worldwide that the exchange rates they have access to is close enough to wholesale rates, hence why most people use xe.com as an easily accessible estimate of what exchange rate they'll get with either card.

 

[Cruiser Elite]

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

you're basically then just comparing Visa's exchange rate vs Mastercard exchange rate,

Which is not where I intended to head - rather just give a comparison bw a rewards pts earning card V non rewards pts earning card.

 

[bcworld]

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

Which is not where I intended to head - rather just give a comparison bw a rewards pts earning card V non rewards pts earning card.

But neither Citi (assume by that you meant Citibank Plus?) nor 28 degrees are rewards point earning.

 

[Cruiser Elite]

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

But neither Citi (assume by that you meant Citibank Plus?) nor 28 degrees are rewards point earning.

Sorry if I confused anyone - my transaction was with Citi Select - 5pts/$1 eff 3.33KFpts/$1

 

[bcworld]

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

Sorry if I confused anyone - my transaction was with Citi Select - 5pts/$1 eff 3.33KFpts/$1

OK. Well my rough guesstimate is you paid about A$70 more to use Citi Select over 28 Degrees. But you got 6600 KF points for that.

 

[Cruiser Elite]

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

OK. Well my rough guesstimate is you paid about A$70 more to use Citi Select over 28 Degrees. But you got 6600 KF points for that.

I concur - about 1c/KFpt

 

[serfty]

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

I concur - about 1c/KFpt

It's basically been the payola for the 3% - pay more for points/miles on purchases.

With the cash facility it's been a no brainer - as no points earn in any case.

 

[Cruiser Elite]

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

It's basically been the payola for the 3% - pay more for points/miles on purchases.

With the cash facility it's been a no brainer - as no points earn in any case.

YES - no such thing as a free lunch huh?

But I would buy KF pts all day every day at 1c ea.

 

[PLANT]

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

Just need a refresh:
Max ATM withdrawal per day:
28 degrees:
Citi plus card:

Regards

 

[Flashback]

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

Just need a refresh:
Max ATM withdrawal per day:
28 degrees:
Citi plus card:

Regards

28 Degrees $1000 AUD

 

[cove]

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

If the Aussie dollar ever moves sharply lower $1,000AUD won't buy much overseas.

 

[AdMEL]

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

If the Aussie dollar ever moves sharply lower $1,000AUD won't buy much overseas.

Even if the AUD fell through the floor to USD 0.50, which I think is the lowest it's ever been since it was floated in 1983, that's still a lot of cash to withdraw from an ATM! I almost never withdraw or carry more than $100 in cash!

 

[Cynicor]

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

Even if the AUD fell through the floor to USD 0.50, which I think is the lowest it's ever been since it was floated in 1983, that's still a lot of cash to withdraw from an ATM! I almost never withdraw or carry more than $100 in cash!

Really? Last time in Sing I had to use 3 28 degrees accounts over 2 days to get enough cash out! But the Fx rate is worth almost any hassle.

 

[bcworld]

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

Really? Last time in Sing I had to use 3 28 degrees accounts over 2 days to get enough cash out!

But what did you need that much cash for???

 

[Baysider]

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

Really? Last time in Sing I had to use 3 28 degrees accounts over 2 days to get enough cash out! But the Fx rate is worth almost any hassle.

Do you really shop at so many places that won't take a credit card payment on the 28 Degree Card?

 

[Cynicor]

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

I'm not the only one here with an expensive coke habit am I? And my dealer doesn't take Amex.