New bank loyalty programs

Discussion in 'Open Discussion' started by Admin, Jul 17, 2002.

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New bank loyalty programs

  1. Yes

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  2. No

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  1. Admin

    Administrator Moderator

    Jun 18, 2002
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  2. oz_mark

    oz_mark Enthusiast

    Jun 30, 2002
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    Rewards

    Not actually having heard about sphere I had to go off and read about it.

    I am not sure that they are terribly new breed (like they are quite similar to the Citibank, ANZ telstra, etc ) schemes that have been around for a while. However, yes I prefer them (and not just because my Westpac Global Rewards points vanished), for a credit card program. I have had planty of $100 vouchers over the past few years, and they copme with less stress than trying to redeem a reward on Qantas.

    (Oh and the ANZ sphere scheme doesn't look that generous)
     
  3. alien

    alien Member

    Nov 6, 2002
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    I'm with westpac altitude and i'm just redeeming $100 vouchers as soon as I get enough points. Alot easier as stated and less risk of loosing heaps of point again

    Ansett FFP victim :(
     
  4. thadocta

    thadocta Active Member

    Agreed - I let my Westpac Altitude points build up and then used them to purchase a BritRail Pass - the ratio is 12,500 points per $100 of value of what you want to purchase.

    But as someone who puts about $10,000 a month on his card, this is not hard to get.

    Dave
     
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