Tips to Boost your eBucks

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Thanks Sinbad!

Another one:

Total monthly spend* on your Platinum Credit Card:
• Between 25% and 49.9% of your total monthly spend is on your Platinum Credit Card 500
• Between 50% and 74.9% of your total monthly spend is on your Platinum Credit Card 1000
• Between 75% and 99.9% of your total monthly spend is on your Platinum Credit Card 2000
• 100% of your total monthly spend is on your Platinum Credit Card
* Total monthly spend = Platinum Credit Card spend + Platinum Cheque Card spend; excludes EFTs and transfers. 4000

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How is this calculated? E.g. The only traffic I do on my Cheque card is debit orders. Does that mean I get 100% of my CC spend e.g. 4000 points or do debit orders count as spend on the Cheque card and thus bring my spend % down on my CC.
 
^ AFAIK debit orders are deducted from your cheque account. It is not considered to be swiping your cheque card.
 
Inevitability said:
Got it.
How do I make my due date to be the last calendar day of the month? (cos that would make it much easier to clearly see that I am keeping between 10% to 90% so I never break the eBucks rule)
Or do you guys have an easier way to ensure you stay between 10% and 90%?

<snip>
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'10% to 90%' thing is the old rule pre-July 2015. Ignore it.

You can choose the exact day your payment date is (i choose the 26th). Then the billing cycle ends 5 to 6 days after that. For me my billing cycle usually ends on the evening of the 1st and everything after that falls into the next billing cycle. I say usually because it depends on how many days in the previous month. i.e. the cycle end/begin day can vary by 1 day.

I could choose to shift my payment due date to the 25th, but as I'm only paid sometimes on the 25th that would be cutting it too close.

Oh, and +1 to what Sinbad said in the last few posts.
 
zerocool2009 said:
3) The short and long story in my eye's ... If you are not making the debt each month R0 when the due date comes, you will pay interest. So now you ask ... lets say that is 30/31 days ...vs the 55 days ? I had long emails to FNB to explain that to me. I gave up eventually.

http://mybroadband.co.za/vb/showthread.php/549635-FNB-Credit-Card
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Absa is nice in that they tell you how much you need to pay to avoid the interest. (Without having to stare at your cc statement and figure out wtf is going on)
How I understand it is that its UP TO 55 days interest free, so basically whatever you spend in June needs to be settled before about 24/25 July.
I think Absa offers 57 days, and depending on the month, my settlement date jumped between the 21st and the 23rd.
Anyway, the safest is to clear your account to zero at around the 30day mark as has been mentioned before.
But if you want to take full advantage of the interest free window, then clear everything from the prior month before the 25th.
I could be wrong on the date as Im new with FNB.
 
^^^ Yeah.. for some reason they kept that rule for Gold whilst dropping it for all the other accounts. (according to the ebucks website)
 
abudabi said:
^^^ Yeah.. for some reason they kept that rule for Gold whilst dropping it for all the other accounts. (according to the ebucks website)
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If I were to guess: It's an opprtunity cost for FNB...
Customers on Plantinum and above are most likely to already have a CC. But people like me (who didn't have an FNB CC) represent an opportunity for FNB to dangle a big carrot (i.e. easy RL5 by signing up for a CC) in order to expose me to the big shark : the risk of irresponsible use of the CC. Conspiracy theory?... Bear in mind they also removed the linking fee for Gold from 1 July 2015 (... another barrier removed for CC uptake).
 
Fcon_Vpro said:
Absa is nice in that they tell you how much you need to pay to avoid the interest. (Without having to stare at your cc statement and figure out wtf is going on)
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What is so complicated about FNB? The following screenshot is from my ccard statement? Seems fairly self explanatory to me :whistle:

ccard July screenshot 2.png

P.S. The R100 for "interest/fees" is for fees, not interest in this case.
 
jsheed_sa said:
Thanks and the shop online or swipe internationally. Does the shop online part allow for local purchases e.g. Takealot or only foreign one's via Paypal etc?
Click to expand...

All online transactions are considered
 
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StrontiumDog said:
What is so complicated about FNB? The following screenshot is from my ccard statement? Seems fairly self explanatory to me :whistle:

View attachment 238018

P.S. The R100 for "interest/fees" is for fees, not interest in this case.
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Plan B : Log into FNB banking, go to your Credit Card (Go to details balance)

Minimum Required Payment Due Date, look what is that date, and pay what you have spend up till that date in full :)
 
Mike Hoxbig said:
They won't force you to convert to Platinum. I actually downgraded from platinum because I wasn't getting the best benefit out of it...
Click to expand...

So the sales consultant tried to get me into the Platinum package and told me that you generate twice the amount of eBucks that you can on the Gold package.

Let me first work out my total monthly expenses + that of my SO then use the eBucks calculator to try and figure out what my guaranteed eBucks kickback would be.
 
FYI... actually, I doubt another sucker exists who is still on a Silver credit card... my rant:

I was coining it on a Silver card and rewards level 5.

It has dropped to level 1.

There is a new requirement to have a Gold credit card - not specified in the rules.

That will teach me to not be not vain.
 
GoB said:
FYI... actually, I doubt another sucker exists who is still on a Silver credit card... my rant:

I was coining it on a Silver card and rewards level 5.

It has dropped to level 1.

There is a new requirement to have a Gold credit card - not specified in the rules.

That will teach me to not be not vain.
Click to expand...

I had a classic cc on RL5.

Had to upgrade to gold last month to still earn ebucks.
 
I asked this on another thread aswell, but think any of you on a private package can comment.

Is it worth upgrading from platinum to private ?
 
zerocool2009 said:
Plan B : Log into FNB banking, go to your Credit Card (Go to details balance)

Minimum Required Payment Due Date, look what is that date, and pay what you have spend up till that date in full :)
Click to expand...

But why pay the bank more than you need at that point in time? My due date is today. If I did that now I'd have to pay them an extra 11k today.

I'm quite happy to pay the amount specified on my statement on the due date. It means for the rest of the calendar month (the last few days remaining), my balance spent is my balance owing and it helps me work out more easily what proportion I've spent on fuel, checkers, etc....
 
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