Everyone got the Bendigo Go Card(no points) as a replacement for fee free if this goes down the 28degrees path?
What is the point of thinking about this?
What happens if NAB introduces new fees or remove goodies in a year's time? The credit card market would be different in a year's time, there would be new products from all the banks. So what is the point of thinking about Bendigo now?
What happens if NAB introduces new fees or remove goodies in 2 year's time? The credit card market would be different in 2 year's time, there would be new products from all the banks. So what is the point of thinking about Bendigo now?
What happens if NAB introduces new fees or remove goodies in 6 month's time? The credit card market would be different in 6 month's time, there would be new products from all the banks. So what is the point of thinking about Bendigo now?
The credit cards on the market would be different in 6 month's time, and different again in a year's time, and different again in 2 year's time.
Unless someone has a time travelling machine, it is not possible to predict what credit card will be available in future, so it is not possible to answer this question. If it is not possible to answer this question, then what is the point of asking this question?
Secondly, what is the point of churning now, if NAB does not change another for the next 2 years? Churning away would mean losing the next 2 years of no annual fee and free lounge access. It's stupid, makes absolutely no sense.
This thinking is like, it's now 2020, and Holden has just announced that they are leaving Australia, so:
- some people are selling their $35k 2017 Holden Commodore, even thou there is nothing wrong with their cars;
- some people are already researching what their next cars should be, just in case their 2017 Holden Commodore gets written off sometime between 2020 and 2030.
How would you research your next car, if you don't know when you will be buying your next car? Could anyone foresee EV? BYD? New emission standards? Why would you throw away your perfectly good car, just because Holden is leaving the country?
Would everyone going to car dealers every weekend and test driving new cars now?
The sensible thing, is to keep driving the $35k new Holden Commodore, until it dies. Think about buying a new car, when the mechanic actually says that there is an engine problem and it's time to get rid of the car.