Bankwest Transaction account [General Discussion]

[craiglm]

Finally signed my partner up last week with 2 accounts.

Haul should be 65k points a month now. 750k points a year, going to have to dip into the qantas store as my goal is only enough points for 2 business RTW tickets and I pretty much have that already!

By my calculations that's either 8 or 9 cards well done .......... I thought I was going good with 6

 

[benjy]

I've read through the last few months of this thread looking for payment options.
Am I right in thinking that Optus have a limit of one transaction per 20 minutes, effectively limiting it to 70 transactions per Optus account per day?
For someone without a Telstra account, are there any other (preferably not phone company) suppliers that accept high volume/ low value transactions?
TIA
J

Current 'rules' with Optus are:
- 10 transactions every 3 hours, timer starts after the last payment
- Wait 10 minutes every transaction if you are paying the same amount, no time limit for incrementing payments

Bankwest imposed limits
- 50 transactions per day per card

 

[SQ421]

Still no points showing up.

 

[medhead]

What is the maximum amount to pay telstra per transaction and avoid the CC fee?

 

[scubabe]

Well it's not $0.22 - I did one day last month where I still had some balance on my bill and I did some $0.22 payments... and then I got a credit card fee of $0.10 on my Telstra bill this month as they had added up all to $0.001 transaction fees and got them to 10 cents

I'm sticking to 1 and 2 cent payments and then BPAY-ing any remaining balance on my bill each month.

 

[hossein_au]

What is the maximum amount to pay telstra per transaction and avoid the CC fee?

I think anything more than $0.01 will trigger CC fees.

 

[medhead]

Well it's not $0.22 - I did one day last month where I still had some balance on my bill and I did some $0.22 payments... and then I got a credit card fee of $0.10 on my Telstra bill this month as they had added up all to $0.001 transaction fees and got them to 10 cents

I'm sticking to 1 and 2 cent payments and then BPAY-ing any remaining balance on my bill each month.

I think anything more than $0.01 will trigger CC fees.

Ta. On reflection, I'm not sure it's worth worrying about too much. Well not enough to stuff around with $0.01 transactions. in 30 days that's a maximum of $15 paid - $0.15 cc fee. if I do $0.10 per transaction That's $150 in 30 days for a cost of $1.50 - same 7500 points. (and I still haven't paid my bill) Not counting that I also have electricity and gas to pay without CC fee.

It is a max of 50 transactions per BW Qf account per day, isn't it?

 

[burmans]

Well it's per card actually, as those with multiple cards (per account) will undoubtedly point out.

 

[hossein_au]

Ta. On reflection, I'm not sure it's worth worrying about too much. Well not enough to stuff around with $0.01 transactions. in 30 days that's a maximum of $15 paid - $0.15 cc fee. if I do $0.10 per transaction That's $150 in 30 days for a cost of $1.50 - same 7500 points. (and I still haven't paid my bill) Not counting that I also have electricity and gas to pay without CC fee.

It is a max of 50 transactions per BW Qf account per day, isn't it?

The CC fees is what you would have had to pay anyway, so no biggie at all; it just happens that it is the icing on the cake if you happen to be paying $0.01 at a time.

50 transaction per card per day.

 

[scubabe]

Well not enough to stuff around with $0.01 transactions. in 30 days that's a maximum of $15 paid - $0.15 cc fee.

1c and 2c txns dont generate a credit card fee on my Telstra bill.

And it's simple you just do what I do... pay all the 1c & 2c txns and then do a balancing BPAY txn to pay off the remaining balance and you don't get charged the credit card fee...

 

[ramamba]

And it's simple you just do what I do... pay all the 1c & 2c txns and then do a balancing BPAY txn to pay off the remaining balance and you don't get charged the credit card fee...

Why BPay when you can PayPal from a points-earning credit card? That's what i do anyway

On another note, it's 15th day of the month and no sign of points in my QFF account, i guess something somewhere got broken

 

[scubabe]

Paypal?

SHUDDER

Ummmm no thanks

But agreed if others are happy to use it then yes that's certainly an option!

 

[thehound]

Paypal?

SHUDDER

Ummmm no thanks

But agreed if others are happy to use it then yes that's certainly an option!

Why the shudder?

 

[scubabe]

Have had a bad experience with Paypal in the past, but that's totally OT and not related to the Bankwest account

 

[scubabe]

Still no points showing up.

My QFF points from Bankwest for Dec finally posted today

 

[TomVexille]

Have had a bad experience with Paypal in the past, but that's totally OT and not related to the Bankwest account

That's fair enough. In my recent experience it has proven to be a good way to pay bills with an amex and no surcharge.

My QFF points from Bankwest for Dec finally posted today

Same

 

[paultiffen]

Mine just posted too

 

[medhead]

Why BPay when you can PayPal from a points-earning credit card? That's what i do anyway

On another note, it's 15th day of the month and no sign of points in my QFF account, i guess something somewhere got broken

Besides that that approach would earn a small fraction of the points that the methods being discussed in this thread earn?

To recap: This card earns 5 QFF points per transaction. Therefore people are trying to maximise the number of transactions on their cards to earn more points. E.g. $15 in $0.01 lots, is 1500 transactions = 7500 QFF points. Can't get that on a credit card.

 

[NoName]

Point posted here as well. Finally!

 

[TomVexille]

Besides that that approach would earn a small fraction of the points that the methods being discussed in this thread earn?

To recap: This card earns 5 QFF points per transaction. Therefore people are trying to maximise the number of transactions on their cards to earn more points. E.g. $15 in $0.01 lots, is 1500 transactions = 7500 QFF points. Can't get that on a credit card.

I think that they mean one should pay the remaining balance leftover after their Bankwest payments via PayPal, thus earning full credit card points for that portion of their bill without paying a surcharge.