I recently received a 2.9% offer for 6 months on balance transfers in the mail, but on looking at special on QFF site found this
http://www.qantas.com.au/fflyer/dyn/partners/financialServices/loans
Summary of offer
Qantas Frequent Flyers can earn 4,000 Qantas Frequent Flyer points* and earn ongoing points with ReadyCredit.
Points credited on account activation. Plus, you'll earn one Qantas Frequent Flyer point for every dollar of your average daily account balance for the year.~
ReadyCredit is a flexible line of credit offering a wide range of features and benefits over conventional personal loans.
Save money by transferring your outstanding credit account balances over to ReadyCredit and take advantage of a remarkably low 4.9% p.a. for the life of those balances.~
However on this site which this takes you too
http://www.citibank.com.au/readycredit/qantaspp/
the following
^Extra points are earned upon first use of the account (including balance transfers). To receive extra and ongoing points you must first use your account by 1 August 2005.
Yet when you click to apply
http://www.citibank.com.au/readycredit/qantaspp/icard.htm
Ready Credit now offers bonus AND ongoing points!
Earn 4,000 Qantas Frequent Flyer points when you first use your account
Earn ongoing points of one Qantas Frequent Flyer point for every dollar outstanding of your average daily account balance for the year
SAVE with 4.9% p.a. for life on balances you transfer to Ready Credit
No mention of any dates
So my questions
Has anyone done this recently?
Is this deal still on?
Did they get the deal as per the site? Clearly I have read all the postings on the forum and it appears that sometime Citibank dealing are not great but it does appear a somewhat low risk to take the 4000 points and transfer 25K (which I can park in my Home loans since it is a Line of Credit and get 6.8% vs 4.9% cost) and get an extra 25K points as well. And then I can get my wife to do the same thing and another 29K points. Where is teh catch?
Are there any tricks that I should know of as to best way to do this to reduce problems, it would appear to me via website is best but happy to take tips!
http://www.qantas.com.au/fflyer/dyn/partners/financialServices/loans
Summary of offer
Qantas Frequent Flyers can earn 4,000 Qantas Frequent Flyer points* and earn ongoing points with ReadyCredit.
Points credited on account activation. Plus, you'll earn one Qantas Frequent Flyer point for every dollar of your average daily account balance for the year.~
ReadyCredit is a flexible line of credit offering a wide range of features and benefits over conventional personal loans.
Save money by transferring your outstanding credit account balances over to ReadyCredit and take advantage of a remarkably low 4.9% p.a. for the life of those balances.~
However on this site which this takes you too
http://www.citibank.com.au/readycredit/qantaspp/
the following
^Extra points are earned upon first use of the account (including balance transfers). To receive extra and ongoing points you must first use your account by 1 August 2005.
Yet when you click to apply
http://www.citibank.com.au/readycredit/qantaspp/icard.htm
Ready Credit now offers bonus AND ongoing points!
Earn 4,000 Qantas Frequent Flyer points when you first use your account
Earn ongoing points of one Qantas Frequent Flyer point for every dollar outstanding of your average daily account balance for the year
SAVE with 4.9% p.a. for life on balances you transfer to Ready Credit
No mention of any dates
So my questions
Has anyone done this recently?
Is this deal still on?
Did they get the deal as per the site? Clearly I have read all the postings on the forum and it appears that sometime Citibank dealing are not great but it does appear a somewhat low risk to take the 4000 points and transfer 25K (which I can park in my Home loans since it is a Line of Credit and get 6.8% vs 4.9% cost) and get an extra 25K points as well. And then I can get my wife to do the same thing and another 29K points. Where is teh catch?
Are there any tricks that I should know of as to best way to do this to reduce problems, it would appear to me via website is best but happy to take tips!