Tips to Boost your eBucks

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Join the club. Average earn before the changes was eB20 000. This month I'm on level 1 and only received eB1500. I put in a request on 19/09/2014 to have my Private clients credit card downgraded to platinum in order to have both cards on the same colour. This was not done and FNB has no reason why it was not processed.



I have requested that my downgrade be backdated to the original date and that my ebucks level and points be recalculated based on both credit and cheque accounts being on the same level.



I'm no letting them get away with this.

Yep, going to either downgrade cheque to gold or upgrade the credit card to platinum, must just see which is the better option.

Snap. From level 5 and about 12,000 ebucks a month, to level 2 and 600 ebucks this month. So I've also emailed to align my platinum cheque and PB credit card accounts both on platinum.

But what a crock of schyte, I'm overseas working every hour sent and don't have time to play their stupid little friggen games with spreadsheets and points.

Seriously pissed off at this.
 
I think these are the limits for gold, have not reached them but if I do then will have to look at it, the fuel is low. But if I want to go back to platinum then have to change things around again.

Max limits
Shopping: CC swipes eB5 000
Shopping: Cheque swipes eB5 000
Online CC NA
Online Cheque NA
Internation shopping CC NA
International shopping Cheque NA
Fuel eB4 500
Checkers eB10 000
Prepaid Electricity eB1 000
Prepaid Airtime eB750
 
I think these are the limits for gold, have not reached them but if I do then will have to look at it, the fuel is low. But if I want to go back to platinum then have to change things around again.

Max limits
Shopping: CC swipes eB5 000
Shopping: Cheque swipes eB5 000
Online CC NA
Online Cheque NA
Internation shopping CC NA
International shopping ChequeNA
Fuel eB4 500
Checkers eB10 000
Prepaid Electricity eB1 000
Prepaid Airtime eB750
To hit the cap on fuel at lv5 you would need to spend 3000 bucks on petrol. Not a lot, but at least not something unreasonably low
 
I think these are the limits for gold, have not reached them but if I do then will have to look at it, the fuel is low. But if I want to go back to platinum then have to change things around again.

Max limits
Shopping: CC swipes eB5 000
Shopping: Cheque swipes eB5 000
Online CC NA
Online Cheque NA
Internation shopping CC NA
International shopping ChequeNA
Fuel eB4 500
Checkers eB10 000
Prepaid Electricity eB1 000
Prepaid Airtime eB750

I think theyre pretty decent. Max earn of 26500 ebucks on an entry level account without having to jump through hoops.
 
How much would you need to hit the cap on lv1?

A farkload.

lv1: 450 / 0.010 = R 45,000
lv2: 450 / 0.025 = R 18,000
lv3: 450 / 0.050 = R 9,000
lv4: 450 / 0.075 = R 6,000
lv5: 450 / 0.150 = R 3,000

I sincerely hope that nobody manages to hit the cap on lv1.
 
I think I will hit the cap in December on Fuel with the holidays but normally I am safe
 
Has anyone opened a Global Account to get that extra 3000 points?

I opened a euro account, which was really easy online, but transferring funds to it is turning out to be a little more complicated than I expected. First you need to select a reason for the transaction, all of which are individual or foreign investment reasons. Apparently the reason does not matter much, so I would just choose Other and consider it a sort of European holiday savings account.

Once you select a reason, you need to provide your tax clearance certificate number. I was under the impression that the individual discretionary allowance is R1-million and you don't need a TCC for that. Leaving the field blank doesn't work, seems to be required. OK, so get a TCC? Nice, it's free and you just apply for it with SARS. The form asks for your investment amount and expected return, which I can't really guess. At this point I started thinking that just getting this for some ebucks points isn't worth the hassle. Also, I seem to have some studying to do regarding Forex in general.

I had a chat with the FNV Forex - 0860 1 FOREX (36739)

You need to choose "512-07 Foreign investments - Other" and then the tax clearance certificate number field is not required to be filled.

I made a USD inter-account transfer yesterday, and it was processed and reflecting on my account today.


If using the R1-mil Annual Discretionary Allowance for Investment Purposes:

No documentation is required. However, please note the following:

You may not exceed the limits set by the SARB. This includes the Investment Limit and the annual forex Discretionary Limit specified by SARB from time to time. If using the Annual Discretionary Allowance (for investment purposes) to fund your FNB Global Account, please note the Discretionary Allowance also covers matters such as travel, gifts, etc. and you may not exceed your annual Discretionary Allowance Limit specified by SARB.
 
I had a chat with the FNV Forex - 0860 1 FOREX (36739)

You need to choose "512-07 Foreign investments - Other" and then the tax clearance certificate number field is not required to be filled.

I made a USD inter-account transfer yesterday, and it was processed and reflecting on my account today.

Great, thanks. Done.
Also found this just now:
https://www.fnb.co.za/downloads/forex/SARB_BoP_Codes_for_Outward_Transactions.pdf
It adds a few extra words of explanation to the mix.
 
I had a chat with the FNV Forex - 0860 1 FOREX (36739)

You need to choose "512-07 Foreign investments - Other" and then the tax clearance certificate number field is not required to be filled.

I made a USD inter-account transfer yesterday, and it was processed and reflecting on my account today.
Thank you for that!! Will definitely make it easier when I want to do it.
 
Thanks for all the helpful tips guys, looks like Im going to downgrade to a gold cheque now, This is so annoying and a waste of my time since we only upgraded a few months ago to platinum. Fnb called the husband and asked him if he wants to upgrade the CC to platinum a few days ago and thankfully he said no its fine. (before we knew about all the ebucks changes)
 
I had a chat with the FNV Forex - 0860 1 FOREX (36739)

You need to choose "512-07 Foreign investments - Other" and then the tax clearance certificate number field is not required to be filled.

I made a USD inter-account transfer yesterday, and it was processed and reflecting on my account today.

You are awesome! I have been trying to do this for quite some time, and I was told that I have to sign a form and send it back. But i never got around to actually signing and sending back.. Have just done the transfer now... lets see how long it takes :-)
 
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