Paying a citibank credit card

[cove]

Getting a Citibank credit card to run up a point a dollar is great but how do you pay off the balance and get cleared funds to keep spending and earning?
6 days for Australia Post method....
5 days minimum for an air bagged cheque to Sydney....

I will definitely go for a much higher credit limit as soon as their system allows it but so far all I realise is this is no big 4 bank I am dealing with and I feel I have fallen into a bit of a time warp.

Can it be paid electronically direct into the card?

 

[scwappy]

You can use BPay. Mine has always cleared the following day.

 

[cove]

Thanks Scwappy for your quick reply.
I need to fix my BPAY limit from $5k to $50k or $100k and then this will work.

 

[cove]

CITI BPay limit is only $10k so if you owe them $50k don't you need to spread it over 5 days?
If that is the case then it is painful to be a big user.

 

[MAX_1]

I Bpay from the CBA using Netbank. Usually aroung $40 to $50K at a time.

I ahve wondered if I start BPAYing an Account a few days before a large charge how that would work out.

 

[odysseus]

I just set up an automatic direct debit. One less thing to worry about.

 

[trippin_the_rift]

I ahve wondered if I start BPAYing an Account a few days before a large charge how that would work out.

It will put your account Into credit if it hits before the large charge, however you only get points on the transaction that utilizes the credit portion of your limit

Eg: 10k limit, 15k transaction
If you bpay 5k early u will be 15k in credit, however you will only get 10k points as that represents the credit line that you are using

 

[MAX_1]

Thx trip. Remind me to buy you adrink next time in Brisbane

 

[cove]

On Mrscove's Citi Select I did a cheque of about 300k to put her account into credit then paid the BAS. It took 6 days to clear but she got all the QF points on the payouts so this is a variation to what has been said.
On my new Kris Flyer version of the card I have just started using it so maybe the automatic account sweep will take a lot of the pain out of one more card.

 

[trippin_the_rift]

Thx trip. Remind me to buy you adrink next time in Brisbane

I think I still owe you a few

 

[Peter2]

Hi Guys,
Activated my Citi Select card today and made first of my daily $10K points. Thanks to you all (especially Cove) for the helpful info on this site. Just need to move onto Tax payments next.

Also thanks for the pointers on paying/pre-loading the Citi Card. Shall try the BPAY option as 5 days for cheques to clear is a headache.

Thanks for all the info for this novice. Will lurk with interest on the site to see how other players get on with Citi Select. Had my first rough experience with the customer call center... transferred to a non existent extension and I am sure the person doing it knew the line was dead.... Trying to chase whether I have any claim on the 60K sign up points so as to offset the hexy fee... although I appear to be outside the time limit will chase this up as well & report back.

Peter

 

[cove]

Peter2 I think we might have a Fiend in the making with you.
I have had more help recently when I called and talked to an Aussie at Citi the other day. The call centre can be frustrating.
I know others giggle when I call my automaton girlfriend at the Tax Office on their 1 300 line rather than Internet payment but there is something nice about paying over the phone to her!
Trying not to slip up on a travel plan is always a work in progress and when all else fails I am prepared to try the airline call centre and the help from QF and SQ has been brilliant.
I have been expecting someone to say "no you are just a free loader" but it has not happened. In fact the treatment we have been getting is the same as a full fare paying passenger.

 

[Foreigner]

Just wondering if there's a quicker way of getting credit into my Citi credit card account. I find bPay PITA. I made two payments by bPay of which one posted. Wonder whether the other will credit intra-day or COB.

 

[burmans]

Just wondering if there's a quicker way of getting credit into my Citi credit card account. I find bPay PITA. I made two payments by bPay of which one posted. Wonder whether the other will credit intra-day or COB.

What times of the day were these. Bpay (as in the intermediary organisation) has a 5pm EST cutoff but some banks set their internal cutoff earlier, which means if you do transaction after that it goes into next days (or next business days in some base) batch. Banks also have an option to send files to BPAy twice daily, some do, some don't.

 

[Foreigner]

What times of the day were these. Bpay (as in the intermediary organisation) has a 5pm EST cutoff but some banks set their internal cutoff earlier, which means if you do transaction after that it goes into next days (or next business days in some base) batch. Banks also have an option to send files to BPAy twice daily, some do, some don't.

Was definitely after 5:00 yesterday; of the two processed within minutes of each other, one was credited, not the other. I did come across the $10k limit. Not helpful.

 

[cove]

Do your BPay early in the day and it should arrive in your credit card for use next day.
In Perth we have to go even earlier as it may be based on 1.00 pm Eastern as a guide. It may be later but we go early.

 

[Foreigner]

Do your BPay early in the day and it should arrive in your credit card for use next day.
In Perth we have to go even earlier as it may be based on 1.00 pm Eastern as a guide. It may be later but we go early.

Ok thanks...i've just hit 150k points of the 250k cap. in 2 months. just wondering whether the reward points just STOP or if it shapes to $1=1

If there's no points whatsoever after CAP, i might as well not have the card. kwim?

Also puzzled by the promo from Citi where they say you can have upto 99 cardholders. Does the CAP apply to each or the total?

 

[cove]

Stop at 250k cap as you get zilch for going past that cap.
if you have a partner you can trust get another separate card and pay the $149 fee so you can get to two times 250k points.

 

[Foreigner]

Stop at 250k cap as you get zilch for going past that cap.
if you have a partner you can trust get another separate card and pay the $149 fee so you can get to two times 250k points.

Well, that's an idea. Otherwise, I'll have to start using WBC's KF visa card at 0.5 points per $.

Maybe another Citi card without CAP provided I get min 1:1.

 

[markis10]

What times of the day were these. Bpay (as in the intermediary organisation) has a 5pm EST cutoff but some banks set their internal cutoff earlier, which means if you do transaction after that it goes into next days (or next business days in some base) batch. Banks also have an option to send files to BPAy twice daily, some do, some don't.

Many banks BPAY times are in fact 6PM or later for cutoff for same day processing, for instance NAB is 6.30 while which bank is much earlier at 3 or 3.30!