Earning FF points by BPAY

[MANfroMELB]

Hi All, just joined up...

I have a NAB Plat Qantas AMEX and VISA card. I understand I can make BPAY's from this card. My question is are BPAY's considered "cash withdrawals", thus attracting interest from date of BPAY until account is settled or are BPAY's considered regular purchases (like grocery shopping at Coles?)

If considered regular purchases am I correct in assuming that I will earn 1.5 points for every dollar of BPAY on my AMEX and 0.6666 points of BPAY on my VISA?

Also, in theory one would be able to pay one creditcard (I have a CITI Plat Qantas Visa too) bill using a NAB AMEX BPAY and vice versa...if so, it seems too good to be true..

Thanks
MANfroMELB

 

[GoldCoastGuy]

Not all Bpay billers accept credit card payments.

Those that do should do so as a purchase (not a cash advance) and since Amex isn't part of Bpay, you will probably only earn points at the Visa rate.

At least that is my experience with Comm Bank


Evan :->

 

[MelUser]

I have found that with the NAB credit card - ie AMEX/VISA combo, it doesn't even let you BPAY from the AMEX.

When you go to BPAY via the NAB internet banking only certain accounts can be selected from the drop down menu and the AMEX is not one of them.

 

[wxxnxs]

Hi All, just joined up...

I have a NAB Plat Qantas AMEX and VISA card. I understand I can make BPAY's from this card. My question is are BPAY's considered "cash withdrawals", thus attracting interest from date of BPAY until account is settled or are BPAY's considered regular purchases (like grocery shopping at Coles?)

If your biller accepts payments from credit card, then all of your transactions will be traded as normal purchase, not cash advance.

If considered regular purchases am I correct in assuming that I will earn 1.5 points for every dollar of BPAY on my AMEX and 0.6666 points of BPAY on my VISA?

You will not earn points from AMEX as it does not support bpay function, you will only earn from your visa ratio.

Also, in theory one would be able to pay one creditcard (I have a CITI Plat Qantas Visa too) bill using a NAB AMEX BPAY and vice versa...if so, it seems too good to be true..

The answer is NO, you can not use bpay to pay your other credit card accounts, as they don't accept payment from credit card. If you indeed like to do this, then the transaction will be traded as CASH ADVANCE from your credit card, which means you will not earn any points plus you start paying interest and other fees immediately.

Thanks
MANfroMELB[/QUOTE]