Westpac Singapore Airlines Card Changes 15/12/10 & 1/3/2011

[WA flyer]

Such a shame

Yet another card to be churned!

 

[oz_mark]

Such a shame

Yet another card to be churned!

All part of the credit card lifecycle :shock:

 

[WA flyer]

All part of the credit card lifecycle :shock:

Very true.
Lets hope a new life is soon to enter the FF world

 

[lovetravellingoz]

Very true.
Lets hope a new life is soon to enter the FF world

There has been lots of new life of late: A swag of different Amex issued cards with lots of creative offererings.

The Everday card..

But what I lust after in another VISA/MC that can get 1.0 or more points to *A (SQ).

 

[WA flyer]

But I will certainly be sending letter to both Westpac and Sing Air regarding this.

Hopefully all holders of these cards will do the same - emails and written letters - I do not know if a deluge of correspondence all threatening to cancel the cards will have affect but let's all try.

I doubt if they would pay much attention.

I received my letter today and notice that the new 0.5 point earn starts on 15th march.
If everyone on here called to cancel on that date i'm sure it would make them sit-up and take notice

 

[voyageur]

I will cancel my card.I'm glad I have now the citi select which give 1 krisflyer point per 1 $ spent. No cap and no expiring points.Can also opt for qantas at the same rate. Also have an Amex card. So bye bye westpac.

 

[kamchatsky]

I will cancel my card.I'm glad I have now the citi select which give 1 krisflyer point per 1 $ spent. No cap and no expiring points.Can also opt for qantas at the same rate. Also have an Amex card. So bye bye westpac.

But isn't Citi Select annual fee is like $700? :shock:

 

[WA flyer]

I'll have crunch the numbers to see if I can justify the $700 for the Citi Select.

 

[albatross710]

I will cancel my card.I'm glad I have now the citi select which give 1 krisflyer point per 1 $ spent. No cap and no expiring points.Can also opt for qantas at the same rate. Also have an Amex card. So bye bye westpac.

what sort of credit limit do they offer on Citi Select?

I notice they offer Priority Pass with the card and some preferential rates on loans, possibly the $700 is more compared to Westpac Professionals Package.

Going back to Citi bank will break one of my rules of never dealing with *hittybank again.

Alby

 

[voyageur]

Yes the annual fee is $ 700 but now is no other card who give 1 point per $1 without capping. So with the amount I spend on the visa it is worth it.
Of course now that westpac krisflyer will give only 0.5 point I will cancel it and I will have to ask for a higher limit on the Citi Select or will have to pay it often.
With Citi Select you get a priority pass card and a Smith card.As I just got my cards I haven't use them yet.Im purely interested in maximising the flying points.

 

[cove]

Citi Select cost is $700 plus $49 for QF points option.
Have not yet received the 15th March cut back letter but we have 3 months to run up the Visa point a dollar option on Westpac Kris Platinum.
Then if Amex holds at the point and a half for Kris this will still work for our family but it will be harder to use and a bit more expensive.
The easiest part of the Westpac card is cashing a large cheque every 21st at their counter then paying out $50k amounts times 5 per phone call to the ATO.
I feel the automaton is my new travel agent and naturally would like this to go on forever.

 

[WA flyer]

This doesn't seem to have been thought through too well, i'm suprised Westpac are willing to lose many customers with these changes.

It would have been senslble just to scrap this card if it wasn't working and transfer people to an Altitude product.

By making the changes this way they will surely lose many customers for good.

I have had a professional package with them and many mortgages for some years and will definately look at all other options when the proposal to scrape mortgage exit fees is enacted next year!

 

[lovetravellingoz]

will definately look at all other options when the proposal to scrape mortgage exit fees is enacted next year!

I believe the fine print on that is that it will be for new mortgages only.

 

[albatross710]

I believe the fine print on that is that it will be for new mortgages only.

That is certainly the wording being used by the politicians. That means..it will have little effect on the banks and sound good to the punters. A beautiful piece of politics.

 

[oz_mark]

That is certainly the wording being used by the politicians. That means..it will have little effect on the banks and sound good to the punters. A beautiful piece of politics.

...not to mention that for the most part, the big banks have the lowest exit fees.

 

[repete]

I notice someone mentioned getting two years free out of this card... we didn't quite get that as the phone handler wasn't willing for any fee waivers. What they did (anniversary was about Oct), was move the anniversary date till mid next year. So in effect we are getting almost two years from our first $250 payment.
Thing is, we never received a voucher - I'm guessing because in a sense our anniversary never happened. What are our chances do you think of getting one this month? Worth chasing??

 

[albatross710]

Thing is, we never received a voucher - I'm guessing because in a sense our anniversary never happened. What are our chances do you think of getting one this month? Worth chasing??

I don't think you need the physical voucher. When you go to do the online redemption, you will see a drop down box with the 'voucher' available as a discount option.

 

[Flight777]

I signed up for this card less than a year ago and have not received a 25,000 point voucher yet. does anyone know if I will get one with the new rule changes as the letter i received seemed to suggest not?

 

[cove]

In less than 6 months we have now lost the Holden credit card and now the Visa card for Kris flyer.
We were making about double the annual fees for our trading business and soon a big chunk will be gone.
I guess we should enjoy this Visa before it is a dead duck on March 15th.
Suddenly I feel I don't have enough points for the next three years so we had better fix this in the next 90 days..
The Amex part of the card is still attractive as is the card reloading feature of cashing a cheque into the card for immediate use.

 

[crowman28]

In less than 6 months we have now lost the Holden credit card and now the Visa card for Kris flyer.
We were making about double the annual fees for our trading business and soon a big chunk will be gone.
I guess we should enjoy this Visa before it is a dead duck on March 15th.
Suddenly I feel I don't have enough points for the next three years so we had better fix this in the next 90 days..
The Amex part of the card is still attractive as is the card reloading feature of cashing a cheque into the card for immediate use.

I agree with you, right now I feel as though there are not enough points for my family for holiday later next year. What a shame! Might have to settle for Y class instead? Hope not.

Better squeeze as many points as possible out of the VISA until March next year. Thats the best we can do.