QFF Points for Paying HECS Debt

LCh4tGPT on 14/05/2023 - 09:23

Hi all,

Just curious, I have been eyeing the countless credit card deals with introductory offers awarding 1,000s of Qantas Frequent Flyer points for $3,000 spend in 90 days, for example. Would paying a portion of my hecs debt count towards the minimum spend? Hoping anyone who has tried the same could shed some light.

Cheers

Financial Frequent Flyer HECS-HELP Qantas Frequent Flyer Reward Points

Comments

  • El-Rhi on 14/05/2023 - 09:26
    +9

    Payments to ATO are almost always excluded. I’m not aware of any card where it would count. Best to read the fine print

    • Mokr on 14/05/2023 - 09:31
      +1

      Snipp

    • CodeXD on 14/05/2023 - 17:27
      +4

      beem it also works

  • slknv on 14/05/2023 - 09:31
    +1

    Depending on how you pay HECS off, if you can bpay it then a third party payment processor like sniip could work - pay off the amount and the payment would be counted as regular spend on your card. You'd get charged a percentage processing fee, so work out whether it's worth it in your circumstance.

  • Mokr on 14/05/2023 - 09:32
    +1

    You don't spend 1k a month?

    Buy Amazon. Or Woolworth gift card

  • Tony-Abbott on 14/05/2023 - 10:29
    +1

    Sniip

  • prisonerzero on 14/05/2023 - 10:59
    +3

    I've been using Beem for this. No fees at the moment, works with most MC/Visa. Full points.

    • Ch4tGPT on 14/05/2023 - 12:12

      Could you kindly elaborate on this process please. How do you use beem for hecs payments?

      • ee380 on 14/05/2023 - 12:15
        -8

        Why don't you ask chat gpt?

      • jase13 on 14/05/2023 - 13:33
        +2

        Just use Beem to pay the bpay ammount.

        Download the Beem app. Its self explanatory.

        That being said, I cant see how you would get a card confirmed, sent out, and also beat the indexing deadline at this point.

      • prisonerzero on 14/05/2023 - 17:39
        +1

        As Jase said, you can send payments using BPAY from Beem with a credit card.
        https://www.ozbargain.com.au/node/639861

  • Horacio on 14/05/2023 - 17:27

    Snap, I just paid mine off too, this interest rate is a killer. But only by bank transfer - ATO makes you pay the credit card fee, which I feel negates any FF bonus?

  • AussieDeals on 14/05/2023 - 18:10
    +2

    BeemIt or Zip Pay (both do not have BPAY transaction fees) - MasterCard or VISA Credit cards (no AMEX)

    Or Sniip (with a ridiculous >2% business rate applied to ATO BPAY payments making it pretty much not worth it even with AmEx support as long as the above 2 methods exist).

  • ukulele on 15/05/2023 - 08:10

    this is enlightening. My BAS is like 30k per month. Since the transaction fee is not worth it i've been paying via normal BPay… going to investigate this Beemit thing!!!

    • daft009 on 15/05/2023 - 19:20

      Mine too! Get with the party! You're wasting points!

    • ol mate on 15/05/2023 - 21:09

      $10k rolling monthly limit on BeemIt unfortunately. If your family/friends had accounts however…

      Zip will give you a $1k limit (with invitation to increase to $2k later), but takes a couple of days to process so may take a while to clear $30k (they have processing timeframes from memory)

    • ukulele on 30/05/2023 - 07:03

      well that didn't last long!!!

  • Caerdyddblue on 15/05/2023 - 16:23

    Can you get a 0% credit card and make a payment of HECS before June 1st then monthly repay the credit card?

  • Tiklpikl on 21/05/2023 - 19:04

    Help! Have a 60k hex debt. Have applied today for a couple of CCs today, not sure if they will come through in time. Have applied for FF card. How do you earn points? Can pay about 30k. Please steps

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