Tips to Boost your eBucks

Status
Not open for further replies.
For every online purchase with your FNB Platinum accounts after R5 000 you earn eBucks at your shopping (swipes) reward rate.
Click to expand...

Wow.. that's not a lot. My rates/taxes takes a big chunk out of this... so once i hit 5k it's back down to 2% .... :cry:
 
echcoleman said:
Below is my points for level 5:

Do all your payments and transfers during the month via our electronic channels instead of an FNB Branch (1500)
Spend R2000 or more on your FNB Platinum Credit Card in a calendar month (2000 out of possible 2500)
Have monthly debit orders going off on your FNB Platinum Cheque account (1000)
Have banked with FNB for 18 months or more (1000)
Have an Auto Payment (debit order) set up on your FNB Platinum Credit Card. (500)
Choose to receive all your Account statements via email only (500)
Have an active Tablet/Smartphone contract (1500)
Have an investment account which meets the average monthly balance of R10 000 or more (2500)
Register for inContact , allow us to communicate with you and keep your contact information up to date (500)
Use between 10% and 90% of your credit limit during the calendar month. (3000)
Use your FNB Platinum Credit Card to pay for your online shopping. (1500)
Does the value of your FNB Platinum Card swipes and Cash@Till withdrawals exceed the value of your ATM and FNB Branch Withdrawals? (1500)
Have not exceeded your limit or gone into arrears on your Credit Card for six months and more (1500)

Total: 18500

I do all my shopping on my credit card and pay it off once a month.

I would put the R10 000 in an investment account for the 2500 points.

Below are other point you could earn:

Have an Overdraft Facility of R5 000 or more and use between 10% and 100% of the facility (2000)
Have a Global Account with a balance greater than 1 000 (for EUR, GBD) or 1 500 (USD) or 1 600 (AUD) or 90 000 (INR) or 9 000 (CYN) (3000)
Have a drafted and signed Will in custody with us (1000)
Have a Temporary loan which you have settled in the month (within the specified period) (2000)
Have an active Home Loan with us that is in good standing and with a min outstanding balance of R250 000 (3000)
Have a Personal loan of R5 000 or more (1500)
Maintain a minimum monthly balance in your FNB Platinum Cheque Account or linked Savings Pocket of R15 000 or more (2000)
Have an FNB Share Investor or Share Builder account with a minimum cumulative trade value of at least R15 000 over the previous six months. (1000)
Swipe on international purchases using your Platinum Cheque or Credit Card (excl. cash transactions) (1500)
Have a Revolving Loan that you used during the month (2000)
Click to expand...

Thank you very much. I will definitely try this
 
Ancalagon said:
<snip>
I think you can get 2000 points by just leaving over R15000 in your cheque account, but that sounds like a worse idea than investing as described above.<snip>
Click to expand...
I do this because I am on Fee Saver which saves me me paying any account fees on my cheque account. The overall saving per month in my case is about R134 per month (R199 less the R65 p.m. I pay for credit cards monthly).
 
Having a bit of a strange case. Ebucks, about 10,757EB, was paid into my account on the 9th of Jan, but checking now on the My Earn page it shows an amount of 21,000 , and last update date the 21st of Jan
ebucks1.jpg

are they maybe updating it weekly now or should i request them to investigate ?
 
It must be really new. I logged in there just a few days ago and didn't notice it.

Also, International Swipe is down from 3000 to 1500 points. But that wasn't exactly easy to get on a regular basis anyway.
 
Neo_X said:
Having a bit of a strange case. Ebucks, about 10,757EB, was paid into my account on the 9th of Jan, but checking now on the My Earn page it shows an amount of 21,000 , and last update date the 21st of Jan


View attachment 187702





are they maybe updating it weekly now or should i request them to investigate ?
Click to expand...



They now have a 32 day rolling earn amount meaning that it has your current month accrual based on current activity plus what was earned last month. Subtract the one from the other to get what your earn will be on 09/02/2015 if everything remains the same on your account.
 
This is what mine shows but it includes about eB27 000 paid into my account at the beginning of Jan.



Currently I'm set to get back eB20 000 but they still need to take into account the last week and a half for Jan.
 

Attachments

  • wp_ss_20150130_0001.jpg
    wp_ss_20150130_0001.jpg
    63.7 KB · Views: 307
signates said:
They now have a 32 day rolling earn amount meaning that it has your current month accrual based on current activity plus what was earned last month. Subtract the one from the other to get what your earn will be on 09/02/2015 if everything remains the same on your account.
Click to expand...

little bit of a confusing way to present it i would say.... My december earn is done and dusted - no need to show it again :/

if its a 32 rolling amount, then its only supposed to include earn from the 20th of December up to now(and why have they only updated the rolling amount back on the 21st).

monthly updates was better i think.

Nice earn Signates!
 
signates said:
This is what mine shows but it includes about eB27 000 paid into my account at the beginning of Jan.



Currently I'm set to get back eB20 000 but they still need to take into account the last week and a half for Jan.
Click to expand...

According to your fuel spend you are driving some big v8 or the whole family uses your account to get petrol :P

That's a lot of ebucks right there!
 
Gtx Gaming said:
According to your fuel spend you are driving some big v8 or the whole family uses your account to get petrol :P

That's a lot of ebucks right there!
Click to expand...



Two cars, 2l diesel and 1.6 turbo petrol. lots of driving in December with my sister getting married and holiday driving. doesn't help living 50km from work and we have to use separate cars as we work different times.
 
Another relatively cheap option for 2000 points is a temporary loan of R300. The repayment amount is R339, which means the 2000 points effectively cost R39.
 
gjmellet said:
Another relatively cheap option for 2000 points is a temporary loan of R300. The repayment amount is R339, which means the 2000 points effectively cost R39.
Click to expand...
Islamic accounts get those 2000 points automatically for free. The Islamic Gold/Platinum are exactly the same as the vanilla Gold/Platinum except that you don't earn interest which, on a transactional account, won't amount to much anyway. And I am sure there is no restriction on those accounts being solely for Muslims. Something to consider, perhaps?
 
gjmellet said:
Another relatively cheap option for 2000 points is a temporary loan of R300. The repayment amount is R339, which means the 2000 points effectively cost R39.
Click to expand...

But is it worth doing every month? Not worth the administrative hassle.

Rather open an Investment or global account...
 
SYNERGY said:
But is it worth doing every month? Not worth the administrative hassle.

Rather open an Investment or global account...
Click to expand...

It is not that much of an administrative hassle. You apply for the temporary loan online within one minute and it repays itself the next time a deposit is made into your account. The "cost" of R39 would be less than the opportunity cost of having at least R10000 and/or R17000 in an investment and global account respectively.
It might not be the best way to earn points, but if you need 2000 points to get to the next rewards level it will definitely be worth it.
 
^^ Agreed, if it gets you to RL5 then that's a few extra hundred rands benefit in eBucks rewarded.
 
As long as you spend enough to make that R39 back via eBucks, I suppose it is worth it. It would also depend on where you are in terms of level. Going from level 3 to level 4 is not a big a jump as going from level 4 to level 5, which is massive.

Going from level 3 to level 5 triples your eBucks earn from Checkers and fuel and double your eBucks discount.

Still, a temporary loan would be my last resort, because that R39 is still "wasted". The only productive thing it is doing is earning me more eBucks. However, if you invest R10k, none of that is technically wasted, it is just that it could be used more effectively. You get it back with a tiny bit of interest though.

That being said, if I purchase something online this month (quite likely), sign up for a smart device (looking likely) and do the temporary loan trick, my eBucks reward level will go from level 3 to level 5. Might be worth it until I can sort the investment account out.
 
You should find a bill you can pay online, much easier than having to buy something online every month. Unless paying a bill online doesn't count as an online transaction. At least that is what I do.
 
I'm probably going to start paying my Telkom and municipality bills online. I just meant that this month I happen to need to buy stuff online.

EDIT: I think they will close all of these "loopholes" pretty soon.

My actual goal is to save up enough eBucks to buy a Yuppiechef voucher for enough to buy a Big Green Egg and accessories. Targeting end of next year.
 
Last edited:
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X