Long time reader, first time poster...
I hope this hasn't been posted anywhere else..... I just have a query regarding the old extra 4 cent fuel discount that used to be earned on the Source MasterCard when $30 was spent at Coles and used to receive a total of 8cents/ltr off. I received my 'platinum' Coles MasterCard statement today and have been notified that in order to receive the extra 4cent voucher (to use with the standard 4cent voucher) I am now required to redeem 500 Fly Buys points. I assume that 500 Fly Buys points would be valued at around $2.50 (based on 2000 points being $10 off at Coles checkout). So in order to 'save' on fuel, I am first required to redeem $2.50 worth of Fly Buys points. This quickly eats into, if not eroding completely, and saving on fuel.
Any thoughts on this?