Does anyone know of an ongoing cashback/cash rebate credit or debit card? Not one that pays upfront (say $50 for $500 spend) but is a % monthly? There was the ING one and CitiBank one a few years ago for first 12 months but cannot find anymore like that?
Ongoing Cashback credit or debit card
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Hi JIMBO, thanks, did not know that. I have an QANTAS Amex and was hoping for a MasterCard or Visa cashback for those merchants that just don't accept Amex.
My name is JIMB0.
Never heard of it. Link to AMEX cashback?
Unibank have a visa debit, but the cashback promo only lasts until May https://www.unibank.com.au/join/student-banking
You need to either be a current or former student or employee of a university to get an account.
$10 for membership fee
Macquarie cards earn points you can use for actual cashback into your bank account. The redemption rate is not great (from memory it works out to about 0.8% cashback).
I personally use a Coles card. I see the ability to redeem the points in Coles as effectively the same as cashback. Works out at about 1% if you just use it as a basic credit card, but you can bump it up if you're a Coles shopper with various points promotions. I imagine the Woolworths one would work out about the same.
Great imagination
Bank of Sydney do one at 0.8%
AMEX