Tips to Boost your eBucks

Status
Not open for further replies.
Speedster said:
I'm liking this revolving loan idea. It seems it needs to be a loan of at least R10 000 with between 10% and 90% used during the month. Two questions:
  1. What costs are involved for a revolving loan?
  2. Does having the required loan for one night count?
Click to expand...
No, the rule states that you must use at least 20% of the revolving loan or overdraft and the maximum amount must be at least R2000.

"Do you have an Overdraft facility of at least R2 000 and use at least 10% of it, or a Temporary Loan, or a Revolving Loan or a Personal Loan?"

You then take the 10% of the R2000 which is R200 and move it to a other account for the night then back into the revolving loan.

The reason why it must be R200 is because they force you to pay the monthly fee of R57 and that is the only way in which you will get 2000 points. Anything less than R200 will not contribute to points.

Do note, that revolving loan account must be of R2000.
 
Last edited:
Did any of you guys move up from premier to private clients ? Is it worth the move ?

I just saw the fees and it is double almost. But when I see the rewards. It aint much of a difference. You get things like slow lounges which I never use. So is the move worth it ?
 
CamiKaze said:
No, the rule states that you must use at least 20% of the revolving loan or overdraft and the maximum amount must be at least R2000.

"Do you have an Overdraft facility of at least R2 000 and use at least 10% of it, or a Temporary Loan, or a Revolving Loan or a Personal Loan?"

You then take the 10% of the R2000 which is R200 and move it to a other account for the night then back into the revolving loan.

The reason why it must be R200 is because they force you to pay the monthly fee of R57 and that is the only way in which you will get 2000 points. Anything less than R200 will not contribute to points.

Do note, that revolving loan account must be of R2000.
Click to expand...

I'm thinking you might be on a different package. Here's the Premier rule: "Have a Revolving Loan of at least R10 000 of which you have used between 10% and 100%"
 
Speedster said:
I'm thinking you might be on a different package. Here's the Premier rule: "Have a Revolving Loan of at least R10 000 of which you have used between 10% and 100%"
Click to expand...

Yeah I'm on Gold but I will be earning a lot more than the current RL5 on Gold I see. My account is still not set up for maximum rewards even if I am on RL5.
 
zerocool2009 said:
Did any of you guys move up from premier to private clients ? Is it worth the move ?

I just saw the fees and it is double almost. But when I see the rewards. It aint much of a difference. You get things like slow lounges which I never use. So is the move worth it ?
Click to expand...

You have to do the calculations based on your spending patterns. I went up as for me it was (and still is) worth it... even considering the (in my opinion) ripoff fees.

PW monthly fees are just a smidgen more than PC fees but you get so much more back (especially when taking a smart device).
 
abudabi said:
You have to do the calculations based on your spending patterns. I went up as for me it was (and still is) worth it... even considering the (in my opinion) ripoff fees.

PW monthly fees are just a smidgen more than PC fees but you get so much more back (especially when taking a smart device).
Click to expand...

Thanks for the calculator tip !
 
abudabi said:
You have to do the calculations based on your spending patterns. I went up as for me it was (and still is) worth it... even considering the (in my opinion) ripoff fees.

PW monthly fees are just a smidgen more than PC fees but you get so much more back (especially when taking a smart device).
Click to expand...

Smart Device free still? I thought that fell away?

Out of interest and only if you don't mind answering what is your CC spend a month?

****

Oh never mind I see you meant Private Wealth over Private Clients. Not Private over Platinum.
 
Monthly CC spend is about 15-20k. I have minimal debit orders and EFT payments. Use CC exclusively for shopping (have a secondary card for my wife) and tend to walk away if a shop doesn't offer CC facility. I max (or get close to) the online spend limit most months and do 90% of my shopping at Checkers.

Low online limit was my biggest motivator for moving to PC.
 
abudabi said:
Monthly CC spend is about 15-20k. I have minimal debit orders and EFT payments. Use CC exclusively for shopping (have a secondary card for my wife) and tend to walk away if a shop doesn't offer CC facility. I max (or get close to) the online spend limit most months and do 90% of my shopping at Checkers.

Low online limit was my biggest motivator for moving to PC.
Click to expand...

20k incl your wife's card or just your own? Because that's similar to mine.

So now you need to explain to me why PW vs PC is more worth it than plain old Platinum or whatever it's called.

What's the online limit now?

And what's your eBucks average?
 
SauRoNZA said:
20k incl your wife's card or just your own? Because that's similar to mine.

So now you need to explain to me why PW vs PC is more worth it than plain old Platinum or whatever it's called.

What's the online limit now?

And what's your eBucks average?
Click to expand...

yes, 20k combined spend. I did the calcs for Plat/PC/PW.

For me, on 20k spend, the difference (even when factoring in the increased fee) is about 1000eB per month. For a heavy month where my spend went up to 30k, the difference went up to 1500eb.
 
The 10-90 percent utilisation on the gold CC account, how exactly is that calculated? Is is as a average utilisation over the month, calculated on a specific date or you need to stay in the parameters regardless?

lets say for arguments sake i have a 10K limit on my card and need to swipe for 11k, I transfer 11k into the account taking me into a positive balance then swipe, i have fallen out of the 10-90% band going temporarily to a 0% utilisation, do i lose the points for the month. Conversely, if I swipe and use 9.5k of my available account balance that takes me to 95% utilisation.

Aren't we due for new ebucks rules pretty soon too?
 
Last edited:
What is the monthly limit for spending ebucks?
Also, when do the earn rules change?
 
intradesting.

Just went into the calculator.

22k points without any real effort... and I'm not even getting points for incontact or my bond.


/fires off email to PBanker
 
abudabi said:
yes, 20k combined spend. I did the calcs for Plat/PC/PW.

For me, on 20k spend, the difference (even when factoring in the increased fee) is about 1000eB per month. For a heavy month where my spend went up to 30k, the difference went up to 1500eb.
Click to expand...

Then I must sit down and do the calculations properly.

Currently I get 15000 EB on average with 18000 on a heavy month.

But I'll wait for the rule changes and see.
 
Anyone know if they can make exceptions for the deposit amount qualifying criteria in the case of freelance/contract/commission workers etc..? I can earn vastly different sums each month, but on average I qualify easily.

I noticed for last month's period I didn't meet the criteria for the PC cheque account deposit amount and I earned a measly 1300-something ebucks where it's normally around 10x that!

I've mailed them about it, but curious if anyone else has managed to wrangle an exception?
 
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X