greenfrog86
Active Member
- Joined
- Aug 2, 2009
- Posts
- 680
More importantly - sign-on bonus?
15,000 QFF for the QF card
More importantly - sign-on bonus?
Yep, BPay fee is $0.75. My DC card is a corporate card and whatever I am unable to claim as a company expense I have to pay myself. For example, if I take a Mars Bar from the hotel minibar, at say $4 and it goes on the hotel bill, I have to pay that $4 to Diners and my employer pays the rest of the hotel bill via their regular monthly process. But the only viable option for me to pay the $4 is via BPay and if I only BPay $4 the next statement will show a charge of $0.75 for BPay payment, which I have to pay and not my employer. So if I BPay that $0.75 fee, I get another $0.75 fee the next months and so on. The only way to avoid paying the fee multiple times is to always BPay $0.75 over and above the amount I owe. So that $4 Mini Bar Mars Bar just became $4.75 personal expense.I've noticed that the Direct Debit requirement applies to ANY account with a MC... If you have a standalone card you can choose how you pay, however you will be charged a fee for Aus Post (pretty standard now) and also a fee for BPAY which seems a bit rich.
Just to clarify, the Personal Diners Club card with World MasterCard is not mandatory Direct Debit. Only the Frequent Flyer Diners Club with World MasterCard product is.
Perfect example of the confusing misinformation that goes around in relation to your product...
If you go to the Personal card, and click on 'manage your account' you get the payment options... The below is copied from this page - would you like to either correct your statement or correct your website that appears to be incorrect???
Pay Your Account
If you have a Diners Club Card with companion World MasterCard Card Direct Debit is mandatory and will be set-up on account activation.
If you have a Diners Club Card only you can choose from a number of ways to pay. Simply choose the option that best suits you:
I would postulate an internal contract between QFF and DC.
On a related topic, are there plans to change the existing Diners + MC product? As you can see from the discussion here there is also a level of interest in this product, especially due to its exceptional earn rate that can be converted directly to Velocity points...
Is this other card staying with a longer payment period, and without a mandatory direct debit?
It was a merer guess and I basically trying to point to a $$$ consideration.I would doubt that. I would be more likely to suggest their internal financial modelling requires them to be funding your debt for a short a time as possible. ...
It has a slightly longer payment period and not a mandatory direct debit. I have that combo, not sure why they would need to make changes:
It has a slightly longer payment period and not a mandatory direct debit. I have that combo, not sure why they would need to make changes:
- it has probably the best overall earn rate for Velocity when combined with the MC
- It definitely has the best earn rate in Australia for SPG which is probably the most valuable FF currency IMHO
- It's the only Australia credit card earn option for Korean if you want to aim for a First Class redemption on their A380
Still, the biggest problem is the acceptance of the DC. Sure, supermarkets, petrol stations etc take it, but:
- many places that take it will add a surcharge to use it
- a lot of places say "we used to take it until X weeks/months" ago
- many places have the logo up but their machine doesn't accept it
- many places just look at you blankly when you ask whether it is accepted. One Sydney merchant even asked "Are you from Melbourne? Only people from there ever use that"
It often feels like a $389 annual fee MC which has a pot-luck option of every now and then using the DC for more points. I'm going to get to the end of the first year and decide if it's really value for money.
And if you think their website is clunky, wait till you try their iPhone app :shock:
Hmm. Looks to me that the references to _mandatory_ direct debit as payment method for the standard Diners + MC have disappeared from the website ... perhaps this was an error? Or maybe I just can't find it any more.
Hi Moopere, you are right - it was an error. The mandatory Direct Debit is for the Frequent Flyer product with MasterCard ONLY.
Isochronous, our minimum income requirement are listed on the application forms. They are changing for our Diners Club personal card in the new year.