CUA / Card Services changing to VISA = less rewards

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leyton01

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Mar 12, 2015
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I have been hanging on to my CUA platinum Mastercard for a while as it was a good 1:1 QFF earner with only a $90 annual fee. It was run by Card Services Direct but I have just received mail saying they are moving to Citi Signature Qantas Card. This, of course has less rewards - now 1:1 up to $3000 then 0.5 points up to $10000. They are also charging a $4/year fee for QFF program - I assume this is for the pleasure of earning less points.

As I use this for my primary earn I will be cancelling the card and now need to find something else.

Pain in the a** especially as I just applied for a credit limit increase and was approved yesterday and this might affect my credit rating.
 
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