Earn points on Bank Transfers

[Legoman]

I'm at a 100% success rate so far!

So am I, my latest case is at 8 months and ongoing, but I still think you've got buckley's chance of a pro-rata refund when Citbank clearly have written in their T&C's that they have every right in the world to vary those same T&C's to any extent and for any reason at any time they wish.

Post automatically merged: Nov 20, 2024

Do I trust that NAB/Citi will cancel my scheduled PayAll transactions or will they mess something up. Wondering whether I should cancel my remaining PayAll transactions myself before mid January.

Why on earth would you want to try and add problems for yourself? Just leave it alone and sit on your hands, do nothing. Has no-one heard of the adage 'don't fix what isn't broken' before?

 

[Chicken]

Do I trust that NAB/Citi will cancel my scheduled PayAll transactions or will they mess something up. Wondering whether I should cancel my remaining PayAll transactions myself before mid January.

Why would you give up on your last drink at the party?

If Citi is shouting you a last drink, you get your last drink.

If Citi goes 'time to wrap it', then you don't get your drink.

The worst that could happen, is you don't get your last drink.

But to walk out of the party before the bar is closed? Why on earth would you do that.

Why do that, and it's a full stop, not a question mark, because it's a statement.

 

[asterix]

Why would you give up on your last drink at the party?

If Citi is shouting you a last drink, you get your last drink.

If Citi goes 'time to wrap it', then you don't get your drink.

The worse that could happen, is you don't get your last drink.

But to walk out of the party before the bar is closed? Why on earth would you do that.

Why do that, and it's a full stop, not a question mark, because it's a statement.

My PayAll transactions are scheduled for 6th, 24th, 26th and 30th hence why I was contemplating cancelling the remaining ones after my January 6th PayAll goes through. Don't want them to somehow charge my card but not transfer the funds out to the accounts.

 

[Legoman]

What a shame, I was enjoying my 20,000 points a month

70,000/month here for the last 3 years. 1.8mil PayAll points still banked from the ~2.5mil 'earned' in total, so gonna be a while before I actually start to feel the real world effects of being cut off.

 

[SOPOOR]

Why would you give up on your last drink at the party?

If Citi is shouting you a last drink, you get your last drink.

If Citi goes 'time to wrap it', then you don't get your drink.

The worse that could happen, is you don't get your last drink.

But to walk out of the party before the bar is closed? Why on earth would you do that.

Why do that, and it's a full stop, not a question mark, because it's a statement.

I will be savouring whatever is remaining in terms of qantas points

My long-term plan of one free long haul business class flight per year is now gone but happy that we got this far

 

[CaptainCurtis]

70,000/month here for the last 3 years. 1.8mil PayAll points still banked from the ~2.5mil 'earned' in total, so gonna be a while before I actually start to feel the real world effects of being cut off.

Yikes! What was the conversion rate from PayAll points to FF programs?

 

[Legoman]

Yikes! What was the conversion rate from PayAll points to FF programs?

Nothing very favourable that's for sure, which is why I transfer to Flybuys at 1:1 and get free groceries instead. The airlines all constantly devalue their FF point schemes, so the longer your points sit there the closer they get to being worth nothing. Flybuys hasn't gone down the same devaluation strategy yet, they only devalue due to price inflation, which is as close to security as you're gonna get.

 

[Franko Costa]

Nothing very favourable that's for sure, which is why I transfer to Flybuys at 1:1 and get free groceries instead. The airlines all constantly devalue their FF point schemes, so the longer your points sit there the closer they get to being worth nothing. Flybuys hasn't gone down the same devaluation strategy yet, they only devalue due to price inflation, which is as close to security as you're gonna get.

It is a sad day indeed - I did have it setup to 2032

 

[Legoman]

It is a sad day indeed - I did have it setup to 2032

Just the completely standard and expected 'Merry Christmas' with a raised middle finger we've all grown accustomed to expect from NAB. I was setup through to 5 Oct 2034.

 

[Chicken]

I was contemplating cancelling the remaining ones after my January 6th PayAll goes through. Don't want them to somehow charge my card but not transfer the funds out to the accounts.

I am pretty sure that they won't stuff up like this, because you can also cancel your PayAll set up and it would stop charging you. You can also end date a transaction, and it also won't charge you after that date. The system is already functioning correctly. All they need to do on 20/9 is to make sure all the transactions on 19/1 are completed, then just do one bulk CSV upload to update the cancel flag. It cannot really go wrong.

 

[asterix]

I am pretty sure that they won't stuff up like this, because you can also cancel your PayAll set up and it would stop charging you. You can also end date a transaction, and it also won't charge you after that date. The system is already functioning correctly. All they need to do on 20/9 is to make sure all the transactions on 19/1 are completed, then just do one bulk CSV upload to update the cancel flag. It cannot really go wrong.

Unless they get the intern to do it.

 

[im.daniel]

It was always going to end post NAB takeover. We had a good run

Might ask for a significant annual fee reduction with my Prestige. I’ll see what eventuates from that request.

 

[Flashback]

You're welcome, all. Was a good little run.

 

[edgecrusher]

Very Sad to see this go, however will be happy to remove some credit, and happy that my anniversary is Feb so will have milked every possible point for this years fee.

 

[tororm]

Well it was great whilst it lasted, with the points converted into SQ miles we flew F many times and saved thousands on our mortgage.

 

[jetset]

It was a good run but the party was always going to end after the NAB takeover. NAB always seems to squeeze the value out of products.

I am surprised that they ended it so quickly. I would have thought they would have kept it running with fees. I'm guessing this was an easy way to shut down all those customers who had booked fee-free Payall until 2032.

 

[ChrisFlyer]

Realistically, what proportion of PayAll transactions do we think relate to actual, legitimate commerce? It wouldn't surprise me if it turned out that 99% of PayAll transactions by volume were, shall we say, the kind 'set up until 2032', ahem. The clock was always ticking on this one. I'm surprised they're still giving it a couple of months for one last hurrah!

 

[jc14]

Got charged my following years annual fee on the 18/11 so emailed them asking if I could get a refund given this change and being only 3 days since being charged. Citibank's response was:

"Furthermore, we advise that we only reverse the full/rebate of the
Annual Fee when the Outstanding Balance was $10 or less when the Annual
Fee was charged and No Debit Transaction processed after the fee was
charged."

Hope this helps anyone trying to cancel their card and their next annual fee is coming up

 

[N860CR]

Got charged my following years annual fee on the 18/11 so emailed them asking if I could get a refund given this change and being only 3 days since being charged. Citibank's response was:

"Furthermore, we advise that we only reverse the full/rebate of the
Annual Fee when the Outstanding Balance was $10 or less when the Annual
Fee was charged and No Debit Transaction processed after the fee was
charged."

Hope this helps anyone trying to cancel their card and their next annual fee is coming up

A complaint and AFCA escalation will fix that (assuming you are going to cancel the card).

 

[SOPOOR]

Got charged my following years annual fee on the 18/11 so emailed them asking if I could get a refund given this change and being only 3 days since being charged. Citibank's response was:

"Furthermore, we advise that we only reverse the full/rebate of the
Annual Fee when the Outstanding Balance was $10 or less when the Annual
Fee was charged and No Debit Transaction processed after the fee was
charged."

Hope this helps anyone trying to cancel their card and their next annual fee is coming up

So they are saying that if you have no debt and no transactions after the annual fee date then they will refund it?