ATO Credit Card Points Summary

[significance]

Hi Significance,
How did that come, was it via email or on your statement?
Thanks

It was via email.

 

[Scr77]

"Receive 10,000 bonus Qantas Points when you pay your tax bill with your Earth Platinum Plus American Express® card."

Can anyone shed light on why Westpac is making ths offer when other CC providers are excluding ATO? I can understand MCard and Visa being ditched because of the lower fees, but not cards such as NAB Amex.

Perhaps Westpac will be likely to allow ato payments longer than the others.

 

[Danger UXB]

Can anyone shed light on why Westpac is making ths offer when other CC providers are excluding ATO? I can understand MCard and Visa being ditched because of the lower fees, but not cards such as NAB Amex.Perhaps Westpac will be likely to allow ato payments longer than the others.

I assume that those credit card providers that have reduced their ATO rates ie Westpac amex (.75 per $) and American express (.5 per $) are happy with the reduced rates for the foreseeable future and they will encourage us to use these cards. I used to get a quarterly email from my American express small business liaison encouraging me to use my amex card for ATO payments for the princely return of 0.5 pt /$. Other card providers such as Citi and NAB that have excluded all ATO spend have obviously worked out that any ATO spend is too costly for them no matter what the points conversion. I suspect that eventually we will be left with only the lower conversion rate cards( Westpac amex and AMEX) for ATO spend unless someone manages to convince one of the small fry banks like Bendigo Bank that there is a market out there for an "ATO friendly " card that they will never make any money on from interest payments but the transaction charges with ATO spend could well be sky high ( well they will if Cove gets his hands on them !!)

 

[cove]

Danger UXB it is almost Suites time for us. I think of Citi and Westpac as being our travel agencies for our latest run to Los Angeles from Perth on SQ.
Citi conked out on us but I am still using those points from quite a while ago.

 

[butcheredit]

Yeah the offer appears to be targeted. I just called Westpac and they said if I didnt get the email it doesnt apply to my account.

 

[significance]

Yeah the offer appears to be targeted. I just called Westpac and they said if I didnt get the email it doesnt apply to my account.

Which Westpac card do you have? Perhaps it is not exactly targeted, but only available on their premium Amex cards?

 

[butcheredit]

the black one.

 

[significance]

the black one.

With an Amex?

 

[butcheredit]

yep. The Westpac Altitude Black with a Amex/Visa combo.

 

[Danger UXB]

yep. The Westpac Altitude Black with a Amex/Visa combo.

My westpac black is a Amex/ MC combo. No offer here

 

[get me outta here]

I can confirm that Bankwest World Master card does pay 1:1.

 

[baggas]

I can confirm that Bankwest World Master card does pay 1:1.

Does the regular Bankwest Platinum Credit Card pay points for ATO? 0.75 per dollar is still better than my recently degraded HSBC platinum card.
If so I might get the Bankwest Platinum card with a hope to upgrade to the World card down the track.

 

[LordGarlic]

Can anyone be kind enough to advise if the westpac black card will earn points for ato payment?

 

[cove]

Westpac Black Altitude Amex earns 0.75 points at a cost of 1.45% meaning those ATO sourced points cost just under 2 cents each.

 

[shifty]

Is ANZ FF Black good for ATO uncapped at 1.5QFF to $1?

 

[cove]

Yes ANZ Black Amex does that shifty.

 

[FromTheRail]

Am collecting SPG points, as far as I can see the best for this with ATO spend is Diners, am I right?

 

[ninja-tim]

Am collecting SPG points, as far as I can see the best for this with ATO spend is Diners, am I right?

Amex MR converts to SPG at a rate of 2:1 respectively. Not sure what rate the Diners converts to.

edit: oops just read the ATO part. So 0.5 MR points for $1 ATO spend on Amex = 0.5 spg points. So not a great conversion rate.

You can buy SPG points when they have their sales or try and convert from a transfer partner of SPG.

 

[FrankC]

Am collecting SPG points, as far as I can see the best for this with ATO spend is Diners, am I right?

Can you confirm that Diners give points for ATO? I thought Diners is from Citibank

 

[Newk]

Can you confirm that Diners give points for ATO? I thought Diners is from Citibank

would people stop mentioning the war please