ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 months

[whitty]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Thought I'd give it a go and got instant approval for 15K credit limit.

My credit rating had been lowish for quite a while since I got the st george vertigo card last year. Within a week of cancelling it my rating jump 150 points.

Might have to churn cards a bit faster to partake of bonus offers a bit more regularly.

I'm not sure that's how a credit rating works. I thought it only had information on when it gets pinged by a credit provider for issuing new credit but I'm not sure why they would advise anyone if you cancel a card or pay back a loan?

If this is true cancelling a card only improves your chances because you don't have to declare it as a debt during the application process without having any affect on your credit rating at all.

 

[burmans]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

I'm not sure that's how a credit rating works. I thought it only had information on when it gets pinged by a credit provider for issuing new credit but I'm not sure why they would advise anyone if you cancel a card or pay back a loan?

If this is true cancelling a card only improves your chances because you don't have to declare it as a debt during the application process without having any affect on your credit rating at all.

Under the old negative credit reporting there was no notification of cancellation or loan reduction.

Under Comprehensive Credit reporting more information can be provided by Credit Providers including status, limit, and whether you are paying on time. So in theory under CCR such information can be available. The problem to date has been that credit providers have been very slow to contribute such data, without sufficient data the bureau's can't construct a reliable Comprehensive Credit reporting score. So to date we have not seen such scoring in the market but it is certainly "close". Indeed I'm unsure how to interpret Jeffrey O'Neill's post, as in who is he getting his credit score from. Its certainly possible that a Bureau has introduced such a score, it is after all 2 years since the government introduced the laws which in theory allow this so it would be about time!

 

[Dannyism]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Hi All, just got approved for this card. I'm a VA SG that has churned all the Velocity cards available and have turned to QFF to get my fix.. These will be my first QFF points.. how about that.. Thanks to the Dr for pointing me in this direction.

Anyway my question is.. I current pay my rent using a DEFT direct debit, however they offer credit card payment for a fee of about 1.5 and 3 percent for visa and amex respectively. Does anyone know if I pay my rent using my credit card, will it count towards the $2500 to trigger the bonus points? I could probably make the $2500 without paying rent (and fee) on credit. Thanks !

 

[cjd600]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Yes it would

 

[exceladdict]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

1.5% for 0.75 points per dollar - thereby 2 cents per point - is an expensive purchase price for Qantas points.

That said I just did the same myself using deft for strata fees!

 

[Dr Ralph]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Hi All, just got approved for this card. I'm a VA SG that has churned all the Velocity cards available and have turned to QFF to get my fix.. These will be my first QFF points.. how about that.. Thanks to the Dr for pointing me in this direction.

Anyway my question is.. I current pay my rent using a DEFT direct debit, however they offer credit card payment for a fee of about 1.5 and 3 percent for visa and amex respectively. Does anyone know if I pay my rent using my credit card, will it count towards the $2500 to trigger the bonus points? I could probably make the $2500 without paying rent (and fee) on credit. Thanks !

Definitely does. I've used that system to pay my strata fees.

 

[AnnaB]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

1.5% for 0.75 points per dollar - thereby 2 cents per point - is an expensive purchase price for Qantas points.

That said I just did the same myself using deft for strata fees!

Well, you have to pay your bills anyway, might as well get some points for doing it

 

[NoName]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

75k pts bonus is sitting in my CC account Internet banking ready to be swept to QFF when my 4th statement is issued in a few days time. I hit the $2.5k spending requirement just prior to the 3rd statement being issued so very happy with their efficiency here.

 

[Dannyism]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Thanks for the replies... DEFT payments will make qualifying easy.

Now to keep an eye out for what's next... I've done all the Velocity (co)branded cards. I'm ineligible for AMEX bonus' for another 10 months.. Maybe a Citi or Westpac card.

 

[kamchatsky]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Just checked and noticed the 75K in my QFF account after I opened it in late January. Thank you!


Now I just need to order my QF Club pass before getting it canned.

 

[cjd600]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Waited out my 12month exclusion period, applied the day after, immediate approval.
Was getting a couple of knockbacks (Macquarie seem to dislike me) late last year after a busy harvesting period, good to be back in the game

 

[Colin 2905]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Was getting a couple of knockbacks (Macquarie seem to dislike me)

Macquarie doesn't like me either. OTOH, they seem to love Dr Ralph. Maybe if we were Dr's instead of mere Mr's?

 

[Jaspal Dhillon]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Yeah got 75k points today on my wife card, i am applying today on my name

 

[Dr Ralph]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Macquarie doesn't like me either. OTOH, they seem to love Dr Ralph. Maybe if we were Dr's instead of mere Mr's?

I'm sure my time will come.

BTW just reapplied for another Jetstar offering. This would be the 5th Macquarie offering within 12 months.

 

[Dannyism]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

I'm sure my time will come.

BTW just reapplied for another Jetstar offering. This would be the 5th Macquarie offering within 12 months.

Sorry what? Is that a card with bonus points you can churn more frequently than every 12 months ?

 

[cjd600]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Sorry what? Is that a card with bonus points you can churn more frequently than every 12 months ?

Macquarie support various QFF card offerings - Woolworths, Jetstar, their own

 

[Dannyism]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Macquarie support various QFF card offerings - Woolworths, Jetstar, their own

Ah right, cheers. Similar to Citi or Amex.

 

[exceladdict]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

I must say I am enjoying tap and pay so much I am considering holding on to this card for almost the full 12 months (or at least until Android pay is released)

 

[Dr Ralph]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

Sorry what? Is that a card with bonus points you can churn more frequently than every 12 months ?

There are a number of such cards. But my comment was in relation to the suite of cards offered by Macquarie.

 

[Dr Ralph]

Re: ANZ QFF Black 75,000 bonus with no annual fee 1st year -only $2500 spend 1st 3 mo

I must say I am enjoying tap and pay so much I am considering holding on to this card for almost the full 12 months (or at least until Android pay is released)

Aren't all new cards tap and go?