Tag: Mastercard

Categories
Consumerism

Converting points to cash

CommBank offered to convert my Awards points into cash, with a 10% bonus. It’s 96,000 points, normally worth $480, but with the bonus it’s $529. So it’s 181 points to the dollar (normally 200 points to the dollar). In comparison, one of their Rewards is an Xbox 360 Kinect 4GB Console Bundle. This is 90,000  ... [More]

Categories
Consumerism

Put it on plastic

On AM on Thursday they noted research which shows four in ten people use credit for basic purchases such as groceries, the implication being that many of those are doing so because they can’t use cash as they need to defer that spending to stay afloat. PETER RYAN: So credit cards being used for entertainment  ... [More]