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New bank loyalty programs

New bank loyalty programs


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oz_mark

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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)
 

alien

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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 :(
 

thadocta

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Jan 8, 2003
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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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