Hi OZb,
I will be spending around 3-4 grand for an engagement ring online. I was wondering if anyone here knows a deal or a rewards program that I can use?
Will be spending $3-4000 in a diamond ring. Any tips for a cashback? Rewards?
LLucioboi on 15/12/2020 - 18:18
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Credit card points.
Thanks! I/m looking at them atm. There are several cards that offer Qantas points.
Your partner will reward you I'm sure.
You'd hope so
$3-4000 is only the upfront cost.
"How would you like to pay the remaining half of your assets, sir? Would that be in cash, car(s) or home(s)? Or all of the above?" I believe the reward system for that would get you a lawyer's bill! hahaha
You forgot the savings if you had to pay for all the r**ts.
And if you enjoy the by-product of the r**ts, they're priceless.
You forgot the savings if you had to pay for all the r**ts.
I heard all that sort of activity stops after marriage anyway.. :p
Member Since
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1 posts / 0 commentsNice of you to join us lol
do you check everyones profile when they post lol
It's a fun hobby
What's the "point", you will be paying a lot more during divorce so $4000 is basically pocket change.
Ideally, I would recommend choosing a good jeweller in the suburbs.
I'm in Vic, we found a good manufacturing jeweller in the outer Eastern burbs of Melbourne. Prices were definitely a hell of a lot better than the well known CBD stores and what they produced was great and fit perfectly.Something they suggested considering, not sure it works in times of Covid and travel restrictions, was claiming on the Traveller Refund Scheme if you are honeymooning.
Not sure if this is still possible and/or legal. We didn't claim as I'm too cautious.I did this with the Mrs engagement ring. I went though a local jeweller in the SE for both diamond and setting. Was a price competitively and got to pick and customise to how she wanted. The jeweller also accepted card payment, so signed for one of the cc with bonus points for $xx spend and paid for the ring.
Then claimed TRS on the ring as a gift for family at the airport to catch our flight for our Proposal trip.
Also used the CC to pay off some of the major aspects of the trip to maximise the earn as well
how did you get the ring back in the country without paying back the GST?
We didnt declare it. Mrs wore the ring on the way back in.
@Neilzy: YOu are a luck fella. I have read stories about TRS counter checking hte ring when you get back to Aus. There are people who got fined for this! :)
Which jewellery did you go to, if you don’t mind me asking? I need to get my ring made too. Thanks! :)
I went to Ralf Fisch fine jewellery in the Basin.
Prices were excellent, very happy with workmanship/quality. The Basin was a bit of a drive, but happy with the result.
Substantially cheaper than any of the more flashy CBD or inner suburban places.Thank you for the response, I’ll check them out :)
Buying it online from one of the diamond merchants in the diamond district in NYK. Even after paying GST it will still be a lot cheaper
Fairly wide budget, wouldn’t bother for $3 :)
Purchase the diamond from Blue Nile.
Then get it set here.
If you get an ANZ Rewards card from one of the recent deals, this purchase satisfies the required spend and get $450 of benefits.
Don’t. Buying a diamond ring is a modern tradition, a waste of money and a scam.
Diamonds Are Not Rare, They Are Just Expensive | De beers Diamond Marketing Strategy
https://www.feedough.com/diamond-marketing-de-beers/Diamonds are a sham and it's time we stopped getting engaged with them
https://www.businessinsider.com.au/why-diamonds-are-a-sham-2…The World Has a Diamond Glut. Why Is That a Problem?
https://www.nytimes.com/2019/08/16/business/diamonds-mining.…Russian Asteroid Crater Has Over $1 Quadrillion of Diamonds
https://www.youtube.com/watch?v=sgdQ17tSHtwSiberia's Diamond Mines Leave Gaping Holes In The Planet
https://www.youtube.com/watch?v=g6oo6PdQ6xo
Secrets rings. Manufactured diamonds
metal detector on beach. there saved you 3 grand
go to the local pawn shop knowing the persons "ring finger" size purchase at very reduced cost, just make sure there is no inscription
Diamonds are pretty much worthless, they have no intrinsic value. Not to mention their price is artificially inflated due to supply being constrained significantly.
OP should go straight to De beers and ask for a discount - just bend over and I'm sure they will give him a good deal.
It's 2020… I know it's your life and all, but why on earth would you want to get married?
This is your first rodeo, isn't it…. or you're a glutton for punishment.
its supposedly 3 months income right (marketing gimmick by de beers but anyway). so does that mean only people who earn $140000 a year or more can get married?
You don't need to make lots of money to buy a decent ring. If you can't even save a decent amount to buy the ring, then you shouldn't get married. Put yourself in your partner's shoes, will she be proud to wear it when all her girl friends have big bling bling and she only has a tiny one? I seriously have not heard anyone who has bought an engagement ring under 5 figures. If that's all you think your partner is worth and she doesn't care, kudos to you.
@runamuck: (Assuming this isn't a troll…) You need a new group of friends. Or maybe you belong together. I'm not sure which. Either way, you should avoid the self-indulgent women who feel the need to show off the size of their diamond when talking about you. Or are you just compensating for something, need to give her something to brag about?
I pity your partner if you think a shiny ring is a sign of your affection towards you.
Have fun in the divorce… Hope there's a pre-nup
@spackbace: Have fun with the divorce if your wife finds out that her ring is only $3k. If she is the love of your life, don't be cheap and spend a little bit more. I pity your partner if that's what she got. Cant imagine what else she gets for birthday, anniversary etc…
@spackbace: You misunderstood. It's not about bragging. It's how she will feel when she is with her friends and she notices all her friends have much nicer ring.
@runamuck: She has better friends than that
As I said, there's a term called 'gold-digger' for a reason, and it's not because they know how to use a shovel…
But hey, you do you, just remember it's no different to going to the local brothel lol
@pipboy: You dont need to be wealthy to buy a $35k ring. Someone working at Maccas can even buy one after a few years of saving. Who is the troll that goes through peoples history to prove what? And if you can read, did I ever mentioned I bought a $35k ring? Sorry, im not a big shot "accountant at management level" like you so I dont drive a flashy car but at least I care about my partner enough to buy her a decent ring.
Boxing Day Sales, check shopback and cashrewards for jewellers like shiels, last 2 sales has 10% off online prices
Sweet Jesus. 3k-4k? I think you accidentally strayed onto the wrong website, muchacho …
Aaaany-hooo, if you are in fact serious … bide your time then 'quietly' buy a manufactured diamond (new technology has facilitated these). They are absolutely 100% real diamonds, i.e. they are 100% compressed carbon that conforms to the definition of a diamond, and (arguably) more importantly they also look/test exactly like a naturally-formed (mined) diamond to all but the absolutely most highly-trained eye under magnification.
Thus, the only real/practical difference will be price. They will cost you about 20% of what a mined diamond would cost you. About $800 based on your above price range.
you could also supposedly have it made using a lock of each of your hair
Fly to Dubai and get one half price, might be hard to do with Covid atm
Curious to read all this about diamonds. Can anyone recommend a place that sells manufactured diamond rings?
3-4 won’t really get you something flashy to show off unless you only care about size and will sacrifice the other qualities. May as well just go artificial. Looks the goods and unless u or the misso to be will carry around a GIA Cert, who cares?
If this is how you feel about the value of your future wife, then maybe you should consider not getting married at all.
Why not substitute the diamond with a indiscernible fake. No one will know - right?
Then control the finances and dictate what your partner can and can not buy. But I bet you already consider that.you're making assumptions about his/her income level
can only people making like 140k a year get married?Sorry mate but suggesting spending only $3-4k is a predictor of financial abuse is a very long stretch and more than a little insensitive.
For people on an average wage with rent or mortgage to pay that’s a great deal of money.
Congratulations on finding someone to spend the rest of your life with.
You didn't mention if you will be buying the ring together or apart.
Consider waiting to purchase a ring until after you have proposed and your love has said yes. This can avoid multiple problems.
Also consider getting an engagement ring with your love for yourself - I always think that's nice - and why should only one person wear one?Import a diamond from the US and have it set locally OP. If you are looking for round rilliant stones there are a lot of resources to assist you. My wife preferred Princess cut so I purchased a branded stone from White Flash in Texas.
Edit: If you give an idea as to what you are looking for, forum goers can assist you to find a stone/setting.
Edit2: Don't buy something from a chain jeweller like Michael Hill.
Ask if you can split the transaction for $300 max.
If so, use ZIP 10% Saturday offer and save $300-$400.
If not, ask if you can pay in instalments of $300 (or credit) and just instantly pay $300 multiple times
Buy diamond from overseas. Don’t forget to factor in GST. Be careful with your credit card’s forex conversion fees.
Acquaint yourself with the 4 Cs. You’re going to have to sacrifice a couple at your price point, probably clarity (no one can see inclusions with the naked eye) and G colour is imperceptible. Don’t sacrifice cut - a 0.9 carat cut well will look a lot nicer than a 1 carat cut poorly.
Make sure to get your partners input. Yes it’s romantic to surprise her and all of that, but it’s something she’ll be wearing for a long time so better be sure it’s a design she likes.
Tactfully discuss the budget with her. Very unromantic but better than risk her being upset about not having a house deposit because too much $$ are tied up in a piece of jewellery. My missus said my suggested number was too much and pulled it down to a lower number.
Finally - as someone pointed out above stay away from the chain stores. Overinflated RRPs and fake discounts.
Love shall be your reward!