Tiki
Established Member
- Joined
- Jul 21, 2004
- Posts
- 1,463
I've been following this thread with interest as it seems to be the first time I've seen a USA type opportunity for MSing in Australia. It's just like the American method of buying Vanilla reloads (preferably in a category bonused store), then loading them onto a Bluebird (similar to the Coles reloadable card which has been mentioned here) which you can use to pay the original credit card or withdraw. This deal has long since died off in the USA. The Vpay deal isn't great value in the long run other than the Amex statement credit because you are basically buying MR points at 1.8 cents each assuming $5.45 fee for 300 MR points. It's a good way to make a minimum spend to get a credit card sign up bonus if you can't make the spend in your normal activities. The trick is to find a store which sells Vpay that has a category bonus like Edge 3x in supermarkets and will let you pay with an Amex, then offload it through the Coles reloadable card, otherwise it isn't a great MS opportunity.We needed a washing machine so got a good deal this weekend using 2 Amexes and I bought one Vpay which I will use on my rates. Still have 2 registered Amexes to go, might get a couple more Vpays or maybe a new travel 2 in 1 laptop if HN has a good deal.