ANZ Optimum World Mastercard

[StealthShadow]

Anyone used this card overseas before?

Does the 5% rebate (if the category is right) offset the bank fees, mastercard fees, forex spread, etc?

I know bank fee is 1.5% + MC 1% fee, so is the forex spread greater than 2.5%?

 

[Henabi]

Anyone used this card overseas before?

Does the 5% rebate (if the category is right) offset the bank fees, mastercard fees, forex spread, etc?

I know bank fee is 1.5% + MC 1% fee, so is the forex spread greater than 2.5%?

yeap. spending overseas according to your chosen 5% rebate, you will get back about 2% to 2.5%

 

[StealthShadow]

yeap. spending overseas according to your chosen 5% rebate, you will get back about 2% to 2.5%

but the 2-2.5% does not take into account forex spread right? Mastercard not gonna give you spot rate right?

 

[kaysee]

Planning to make about 3-4k purchase at luxury stores like cartier, bvlgari, Tiffany and Co. If I apply now and select the sshopping category, will I qualify for the 5% rebates? Also, will the rebates be credited into the first month statement to offset the purchase or next month?

Thanks guys! Pardon me as I can't seem to find the exact t&co on such purchase

 

[hogrider88]

Anz optimum shopping category is too damn vague to risk

 

[Henabi]

but the 2-2.5% does not take into account forex spread right? Mastercard not gonna give you spot rate right?

Iirc its depends on the forex rate on the day they post it. But Tbh, it doesn't differ much lolx

 

[Henabi]

Anz optimum shopping category is too damn vague to risk

Fully agree... >.<

 

[Young_Man]

After you have made the 5% rebate category selection by 25th of the month, do you check if your selection has been captured in their system successfully? I received an acknowledgement after making the selection in their website but the details are very basic with no date/time and name. What if ANZ say never receive it?

 

[kaysee]

Fully agree... >.<

Anz optimum shopping category is too damn vague to risk

hmm, then i better not risk, go for amex TCB better.

 

[ceecookie]

Hi everyone

Has anyone charged their Airbnb expenses to this card? Is the 5% rebate under travel or dining and leisure? The cso told me its leisure but this is an online travel portal. Thanks.

Im registered under dining and leisure rebate - my airbnb incurred 1% rebate only.

Interestingly, my AirBNB invoice in SGD did not incur cross border fees. Good way to avoid paying foreign currency fees by not paying airbnb in USD

 

[Henabi]

hmm, then i better not risk, go for amex TCB better.

Yeap. Or go with other ** cards. Usually for luxury brands I will try to buy it inside taka so that i can use the DBS taka card

 

[chinesepunk123]

rebate class

hi guys,

can i please check with you.

if i select travel category, does hotel bookings count e.g. if book thru Expedia (travel portal) or book through Ibis website?

Any help is appreciated guys! Thanks!

 

[zoossh]

does anyone knows if optimum points from optimum card is lumped together or separate from travel dollars from travel card?

 

[Trazora]

does anyone knows if optimum points from optimum card is lumped together or separate from travel dollars from travel card?

They are separate point systems. Not sure what u mean by lump together.

 

[happy_bear]

Hi all. I applied for the card 2weeks ago but still did not recd till date. How long is the proceassing time and how long it Takes To claim the $100 rebate upon first $488 spending?

 

[hygge island]

I applied in late Oct, got it in early Dec. Qualified for the reward within 15 days but was told that I will see the 100 bucks rewards only in Statement dated 1st Apr. Not so happy with overall sloooooow service so far, but very happy with the hotel/dinning rewards. Makes average 2-3 biz trips a month (fully reimbursed), and the card give me back roughly 100 optimum dollars back monthly. Only card (tell me if I am wrong) that lets you get cashback on hotel charges.

 

[zoossh]

They are separate point systems. Not sure what u mean by lump together.

I see. Then easier to track.

 

[Henabi]

hi guys,

can i please check with you.

if i select travel category, does hotel bookings count e.g. if book thru Expedia (travel portal) or book through Ibis website?

Any help is appreciated guys! Thanks!

If your chosen 5% is travel then agoda expedia zuji hotels.com all counted.

Direct booking through main hotel website... I rarely do that, so I don't know

 

[happy_bear]

I applied in late Oct, got it in early Dec. Qualified for the reward within 15 days but was told that I will see the 100 bucks rewards only in Statement dated 1st Apr. Not so happy with overall sloooooow service so far, but very happy with the hotel/dinning rewards. Makes average 2-3 biz trips a month (fully reimbursed), and the card give me back roughly 100 optimum dollars back monthly. Only card (tell me if I am wrong) that lets you get cashback on hotel charges.

I applied card in early mar. Now still no smoke no news. No high hopes on the svc provided

 

[cherrystalk]

I called the cso and they confirmed that airbnb falls under the dining and leisure category. Haha better check my statement next month. Anyway quick qns, will airbnb incur anz's cross border fees of 2.5%?