ANZ Travel Visa Signature

[keniphone]

I have accumulated about 63k travel$ in my account.

What can I do with these now? Convert to cash or transfer to my krisflyer account?

Any suggestion?

your money your decision.
If you don't know what to do, transfer to me.

 

[mr168]

your money your decision.
If you don't know what to do, transfer to me.

 

[toiregi]

Since the 1.4 from ANZ is rounded and possibly in blocks of $50, it will be less than the 1.12% calculated?

Suddenly the amex tcb i almost cancelled looks pretty attractive

 

[zoossh]

- Citibank PremierMiles is effective 1.2% for local spend and 2% for foreign currency spend if you convert Citi Miles to cash. Needs to be in blocks of 2000 Citi Miles.

- CIMB Visa Infinite is 1% local, 2% foreign and travel related items

thks for the advices. both of them are at 2.5% forex exchange admin fee rite?

will check the two out.

 

[naro]

- Citibank PremierMiles is effective 1.2% for local spend and 2% for foreign currency spend if you convert Citi Miles to cash. Needs to be in blocks of 2000 Citi Miles.

- CIMB Visa Infinite is 1% local, 2% foreign and travel related items

- Amex TCB 1.5% flat

Cool! Citi Premiermiles may be utility card from then onwards if and when ANZ Travel card reduces its cash rebate rate.

 

[arctician]

in that case, if annual tax is 25k, rebate will be $25, two years then can rebate once. provided no further change of rule in two years and provided no need annual fee. if not is no gain or lose money liao.

i rem last time anz travel signature for tax payment is net 1.1% rebate..how come now is 0.8% rebate with 0.7% processing fee..become so low lioa?

like that not even worth the trouble to fill e forms and everything

 

[hogrider88]

Cool! Citi Premiermiles may be utility card from then onwards if and when ANZ Travel card reduces its cash rebate rate.

citi pm miles to cash only for travel spending right?

 

[zoossh]

citi pm miles to cash only for travel spending right?

https://www.citibank.com.sg/gcb/credit_cards/cc_xx_pm.htm

"Overseas spending is identified as transactions amount posted in foreign currency only"

so if buy online in USD probably fulfil the definition given.

 

[zoossh]

i rem last time anz travel signature for tax payment is net 1.1% rebate..how come now is 0.8% rebate with 0.7% processing fee..become so low lioa?

like that not even worth the trouble to fill e forms and everything

i followed the rates given above. not sure if it is 0.8. i already the tax payment done already, but got to see the updates to see if i will keep the card only for tax, or to totally cancel it.

 

[naro]

citi pm miles to cash only for travel spending right?

yes. you are right! I did not read into the details.

Thanks!!

 

[toiregi]

i rem last time anz travel signature for tax payment is net 1.1% rebate..how come now is 0.8% rebate with 0.7% processing fee..become so low lioa?

like that not even worth the trouble to fill e forms and everything

"Pamper yourself with a wide range of travel, shopping and dining delights when you use your ANZ Credit Card to pay for your income tax. Earn 1 Travel$ for every S$1 in tax payment with ANZ Travel Visa Signature Credit Card or 1 Rewards Point for every S$5 in tax payment with all other ANZ Credit Cards.

Enjoy the convenience of a one-time payment or monthly recurring payment facility at a processing fee of 0.7% on your tax amount, or 0.5% if you are an ANZ Signature Priority Banking Cardmember."

Since its $1 for 1 travel $

$50 cash credit = 6250 points = 0.8% for tax facility

did i make a mistake?

 

[zoossh]

"Pamper yourself with a wide range of travel, shopping and dining delights when you use your ANZ Credit Card to pay for your income tax. Earn 1 Travel$ for every S$1 in tax payment with ANZ Travel Visa Signature Credit Card or 1 Rewards Point for every S$5 in tax payment with all other ANZ Credit Cards.

Enjoy the convenience of a one-time payment or monthly recurring payment facility at a processing fee of 0.7% on your tax amount, or 0.5% if you are an ANZ Signature Priority Banking Cardmember."

Since its $1 for 1 travel $

$50 cash credit = 6250 points = 0.8% for tax facility

did i make a mistake?

if the new conversion rate is as such (not published yet?), then your calculation is correct.

 

[Allen_C_Sharp]

"Pamper yourself with a wide range of travel, shopping and dining delights when you use your ANZ Credit Card to pay for your income tax. Earn 1 Travel$ for every S$1 in tax payment with ANZ Travel Visa Signature Credit Card or 1 Rewards Point for every S$5 in tax payment with all other ANZ Credit Cards.

Enjoy the convenience of a one-time payment or monthly recurring payment facility at a processing fee of 0.7% on your tax amount, or 0.5% if you are an ANZ Signature Priority Banking Cardmember."

Since its $1 for 1 travel $

$50 cash credit = 6250 points = 0.8% for tax facility

did i make a mistake?

Then minus 0.7% process fee the net rebate becomes 0.1% for tax payment? Wt....

 

[hwmook]

if the new conversion rate is as such (not published yet?), then your calculation is correct.

Look at the recent ANZ travel fair promotion, ANZ is giving 1000 Travel$ / 10 optimum$ for xxx spend. Seem like the redemption rate is really going to be changed soon.

 

[K|muRa^84]

when r Travel$ credited to ur account ?

at the end of each calendar month ? or it's tied to billing cycle ?

 

[Immanuel.]

Any alternatives for no frills cash rebate?

if the redemption min is $50, really sad

There will be $20 redemption as well at a equivalent rate of 2500 points.

 

[kenpachi82]

cash rebate change but any changes to air miles earnings rate?
S$1=1.4miles still the same?

 

[hogrider88]

cash rebate change but any changes to air miles earnings rate?
S$1=1.4miles still the same?

no change...

 

[leogeo]

There will be $20 redemption as well at a equivalent rate of 2500 points.

if so that makes it abt 1.1% rebate. sigh.

 

[zachary123]

if so that makes it abt 1.1% rebate. sigh.

but in terms of miles, its still the same.