ANZ Optimum World Mastercard

[revhappy]

does using paywave instead of swiping exclude 5% for dining?

i ate at yayoiken but transaction comes under meidi ya. not sure if it is coded as supermarket instead of restoran, or is it cos i used paywave or some contactless mode.

I don't think paywave will cause the problem.

Sent from Xiaomi REDMI NOTE 2 using GAGT

 

[Henabi]

That very weird. Yayoi parent company also owns MK restaurants franchise in singapore.

Even if not Yayoi...should be Plenus & MK

Meidi ya is too far off liao.

Best to call and check

 

[glidingqy]

Thinking of getting this card for online shopping. Does their shopping cashback include sites like lazada?

 

[vince123123]

Might be better going for SCB Singpost card.

Thinking of getting this card for online shopping. Does their shopping cashback include sites like lazada?

 

[glidingqy]

Might be better going for SCB Singpost card.

Already have the Singpost card. Not enough

 

[l0nEr_]

Hi. Does anybody have confirmation if Airbnb belongs to Travel or Dining/Entertainment.
Read the forum history but doesnt seem to be a clear conclusion.
I looked through my past transaction. But in the month when i had an airbnb transaction, I just couldnt reconcile the optimum earned.
Thanks!

 

[micromousez]

Hi. Does anybody have confirmation if Airbnb belongs to Travel or Dining/Entertainment.
Read the forum history but doesnt seem to be a clear conclusion.
I looked through my past transaction. But in the month when i had an airbnb transaction, I just couldnt reconcile the optimum earned.
Thanks!

Call the hotline and you will have the answer..
And pls do share it with us here too...

I only know swipe at Hotel counter = F&B..
If book online via hotel website = Travel..

 

[HeadQuarters]

ANZ lately sibei fugging gian png

Incurred a $193 late payment of which $180 was anual fee but was waived. So effectively only $13 overdue. Then imposed a $60 late on me n refused to waive after I called in through the automated phone. Then called in again to speak to an operator, still rejected.

Called in a 3rd time, the operator discovered I got make an over payment of $88.88 before. Then got waived.

I will boycock ANZ. They simply want to take back all the rebates that u have gotten from them

Fug ANZ

 

[saintgtril]

Hi all,

I am looking for comments, advice and thoughts etc.. I realise that in order to get the most out of this card, one must spend in denomination of:

1. $100 (minimum), $200, $300 ... for the 1% core tier, and
2. $20 (minimum), $40, $60 ... for the 5% Category Tier

Am i right?

1. Under the 1% Core Tier, Cardmembers will be awarded 0.1 Optimum$ for every S$10.00 (or equivalent foreign currency) of Retail Spend charged to the Cardmember’s relevant Card Account, which is also equivalent to 1% of the Retail Spend.
2. Under the 5% Category Tier, Cardmembers will be awarded 0.5 Optimum$ for every S$10.00 (or equivalent foreign currency) of Retail Spend in the selected Category charged to the Cardmember’s relevant Card Account, which is also equivalent to 5% of the Retail Spend.
3. The accumulation of the Optimum$ will be rounded down to the nearest 1 Optimum$ on each Card statement date.

Quoted from https://sg.anz.com/apps/optimum/ANZ%20Optimum%20World%20MasterCard%20Credit%20Card%20Terms%20and%20Conditions.pdf

 

[Trazora]

Hi all,

I am looking for comments, advice and thoughts etc.. I realise that in order to get the most out of this card, one must spend in denomination of:

1. $100 (minimum), $200, $300 ... for the 1% core tier, and
2. $20 (minimum), $40, $60 ... for the 5% Category Tier

Am i right?

1. Under the 1% Core Tier, Cardmembers will be awarded 0.1 Optimum$ for every S$10.00 (or equivalent foreign currency) of Retail Spend charged to the Cardmember’s relevant Card Account, which is also equivalent to 1% of the Retail Spend.
2. Under the 5% Category Tier, Cardmembers will be awarded 0.5 Optimum$ for every S$10.00 (or equivalent foreign currency) of Retail Spend in the selected Category charged to the Cardmember’s relevant Card Account, which is also equivalent to 5% of the Retail Spend.
3. The accumulation of the Optimum$ will be rounded down to the nearest 1 Optimum$ on each Card statement date.

Quoted from https://sg.anz.com/apps/optimum/ANZ%20Optimum%20World%20MasterCard%20Credit%20Card%20Terms%20and%20Conditions.pdf

Not really. The CSO explain it as TnC is for illustration only. The right calculation is as follows:

1) Optimum$ earned per transaction is round down to nearest 0.1 optimum$
a) for the 5% category, earn 0.1 optimum$ for every $2 spending. (Eg 0.3 optimum$ earned if transaction amount is $6 to $7.99)
b) for the 1% category, earn 0.1 optimum$ for every $10 spending. (Eg No optimum dollar earned if transaction is $9.99 or less)

2) Sum all the optimum$ earned per transaction as described above, at end of statement month, then round down to nearest 1 optimum$. (So sometimes I do the calculation a few days before end of statement month to top up spend to get the full optimum$. No need spend in the multiples of $100 or $20 per transaction as mentioned in your post.)

 

[redchallenge]

just want to share with you guys that, to my delight, we are now able to check optimum$ from ibanking portal. or maybe im too slow

 

[Trazora]

just want to share with you guys that, to my delight, we are now able to check optimum$ from ibanking portal. or maybe im too slow

That's nice. Thank you for sharing.

 

[foozgarden]

just want to share with you guys that, to my delight, we are now able to check optimum$ from ibanking portal. or maybe im too slow

is that the total O$ for that billing cycle?
or, for the individual transaction?

 

[Trazora]

is that the total O$ for that billing cycle?
or, for the individual transaction?

Last statement balance, earned redeemed, adjusted, available balance. Not individual balance

 

[redchallenge]

iirc theres a row that says "earned"? if im not wrong it is the O$ earned so far in the current cycle, as it matches with my calculation. doesn't show for individual transaction but you should be able to make a calculated guess as long as you make too much transactions within that day

 

[Trazora]

iirc theres a row that says "earned"? if im not wrong it is the O$ earned so far in the current cycle, as it matches with my calculation. doesn't show for individual transaction but you should be able to make a calculated guess as long as you make too much transactions within that day

Does it show the first decimal place figure?

 

[redchallenge]

Does it show the first decimal place figure?

i dont think so

 

[Trazora]

i dont think so

Ok. Then if want to get exactly whole optimum$ to avoid loss due to rounding down of optimum$ earned at end of statement, still need to manually track the first decimal figure.

 

[Polar Bear King]

what's the link to renew 5% category? haven't done it for 9 mths....

 

[Trazora]

what's the link to renew 5% category? haven't done it for 9 mths....

Here you go
https://sg.anz.com/onlineapp/faces/optimum_rewards/category.jsp