@QantasAirways Cash under scrutiny of a Senate Inquiry?

[markis10]

With airlines in such a parlous state, I guess you gotta do what you can to make a buck

And Qantas appears to be doing just that with the appropriately named Qantas Cash card.
The unsolicited debit card mailout to up to 12 million frequent flyer program members - including a controversial opt-in feature for 16- to 18-year-olds - is now under the scrutiny of a Senate inquiry.


Read more: Qantas card says no play, you pay

 

[marki]

Wow really Qantas a charge on inactivity and you hide from us

Tsk tsk !

Good article Markis10

 

[opusman]

Typical beat-up. It's not really hidden if it's in the T&C.

I knew about it and I haven't even read the T&C so it was obviously mentioned at least somewhere.

 

[markis10]

Whats with the Senate Inquiry bit though?

 

[marki]

Is not something to be written in bold type.

Not hidden in T/C paper full of other text. Yes its hidden. No play you pay is something I want to know about.

 

[opusman]

It's listed fairly prominently here : Travel Card Comparison | Compare Travel Cards | Qantas Cash

Monthly Inactivity fee (charged at the start of each month if you have not made any purchase or ATM withdrawal transactions using Qantas Cash in the previous 12 months, unless the remaining balance is less than the inactivity fee)

AUD 1.00 ​

They don't hide this fee any more than they hide any of the other fees and charges.

If someone doesn't know about it it's because they were too lazy to find out, to be blunt.

 

[serfty]

... And if someone does not deposit any funds,no fee is charged.

(DYAC!)

 

[mannej]

I thought both the VA and QF products were under scrutiny, not just the one?

Does the VA equivalent have similar fees in place?

 

[markis10]

I thought both the VA and QF products were under scrutiny, not just the one?

Does the VA equivalent have similar fees in place?

I am sure your on the money there, the column does have a dig at AJ further down, indicative of an agenda....

 

[Robbi]

... And if someone does not deposit any funds,no fee is cheated.

I read the T&C and realised if my card never had money I never paid a fee.

At the moment I don't need the card and the process for depositing funds sucks so it's empty for now.

 

[marki]

Thus is insane who reads all thus stuff has no life. It would take me too long. Would not understand half of it.

 

[codash1099]

Thus is insane who reads all thus stuff has no life. It would take me too long. Would not understand half of it.

I picked this up very early in the piece. And it's not uncommon in the world of cash cards.

 

[samh004]

Seems fairly clear. Don't activate, don't get charged. Active and spend all your money (or only have less than $1 remaining), don't get charged.

They're not sending out "credit" cards, there's no credit to be had. I honestly don't see the issue.

 

[Robert K]

Thus is insane who reads all thus stuff has no life. It would take me too long. Would not understand half of it.

it's in the pricing schedule, which is a small table that doesn't take more then 5 mins to read. and if you couldn't understand that, you probably shouldn't be using the card anyway.

anyway you get charged the $1 a month AFTER 12 months of inactivity. If you can afford to have money sitting in a card that you aren't using, you can afford the $1 a month.

 

[anat0l]

Thus is insane who reads all thus stuff has no life. It would take me too long. Would not understand half of it.

Ever applied for a home loan, insurance (of any kind), bank account, credit card or even new frequent flyer programme membership? Prepared a will, filed a tax return, applied for Centrelink or health insurance benefits, applied for a visa?

You can't tell me you're being serious. And if you apply for all of those and don't read the fine print, then so help you God you furnish your own tomb...

 

[marki]

Hey hey.... cool down there bro don't get carried away. The difference is I am applying.....

Here it got thrust upon me!

 

[opusman]

Hey hey.... cool down there bro don't get carried away. The difference is I am applying.....

Here it got thrust upon me!

You have to apply for (or at least manually activate) Qantas cash too - no one forces you to use it.

 

[Danger]

The article is being a bit melodramatic.

There is no inquiry currently being held by the senate on this matter, nor is there any proposed. However, the senate economics references committee is conducting an inquiry into the performance of ASIC. In light of media in the past few days, including articles referred to in my post 59 here, the inquiry (which will holds its first hearings next week) will likely see some questions put to ASIC on the topic.

 

[marki]

Thanks for that from what I have read here on the list I am not activating SIC!

 

[marki]

You have to apply for (or at least manually activate) Qantas cash too - no one forces you to use it.

I am forced to decide either way needs to be an informed decision. Hate reading that stuff.