@pinkyrock I just load up a few hundred when it's about to run out. Woolies is flexible though. Loading at the time of payment would be a little time consuming and hold up the queue.
I've bought exact amounts for companies like JB when I know what I'm buying.
@somethingon Loading up a few hundred will lose you precious interest on that amount. Save cents where you can and the dollars will take care of themselves
@resjudicata It would effectively “loose” you 1.75% as the gift card is a 4% saving. It’s also very rare for people to operate all of their spending funds from their HISA.
@resjudicata True, but it's only 4 typical shops, and if I get it wrong I lose the discount on the balance.
Say I load $300 to cover about 2 weeks (so 1 week average outstanding ) . Interest (at 4.5%) is 26c compared to loading on the day when I spend. That is 17c after tax.
Now if I get it wrong (don't estimate what I will spend that day) and miss out on $10 of discounted spending just once that is 40c at risk.
@queenofhearts1992 Never spoken to anyone to there, and have never had to either. I like it everything feels polished very subjective though. It was easier to move larger amounts than other banks with their authenticator app.
@queenofhearts1992 They are great to deal with. Almost everything can be done online without speaking to a person.
I've been with them for almost 10 years with multiple mortgages. They were a little difficult in the early days because they had just entered consumer banking and the processes were still commercial-like. The last few years have seen a lot of improvement and they're fantastic now.
@lrossin How does the Macquarie card compare with the Citibank card? I loved my Citibank account, i could withdraw money in many countries in the world while travelling with no fee and great exchange rate. Sad that they decided to withdraw from Australian market