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Myer Visa Card with MYER one awarded 5 star rating by CANSTAR CANNEX for rewards program Here 9s how the Myer Visa Card compares on rewards value after a $12,000 spend, as featured in Money magazine (February 2009): PRODUCT POINTS EARNED GROSS VALUE OF SPEND 1 ANNUAL FEE NET REWARD RETURN Myer Visa Card 24,000 $240.00 $39 $201.00 BP Citibank MasterCard 2 - $264.00 $79 $185.00 David Jones Amex 21,000 $157.50 $99 $58.50 Woolworths Everyday Money Credit Card 18,480 $107.18 $49 4 $58.18 Coles Group Source MasterCard 2,400 $19.20 none $19.20 Westpac Altitude (AMEX) 3 - $203.91 $100 $103.91 HSBC Rewards Plus Standard 3 - $77.65 $59 $18.65 Commonwealth Awards (Standard) 3 - $74.74 $59 $15.74 ANZ Rewards Visa 3 - $63.43 $48 5 $15.43 Westpac Altitude (MasterCard) 3 - $101.95 $100 $1.95 Source www.canstarcannex.com.au and card websites. 1. Calculations are based on a $12,000 annual spend.
For the retailer loyalt y cards, 50% of the spend made within the retailers stores, for the Woolworths card, it was assumed a further 2% of the spend was made on Select brand products. 2. BP Ci tibank MasterCard calculations are based on the card 9s cash-back program which is not points-based.
3. Issuers own ... more.
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rewards program results are from CANSTAR CANNEX 9s Sep tember 2008 Rewards Star Ratings report, based on a speci ed spending pattern across travel, entertainment etc. 4.<br><br> Waived in rst year. 5. Consists of credit card fee and separate fee for rewards program.<br><br> Di erent spending patterns will generate di erent rewards values. The comparison does not take into account other bene ts in cluding sign-on bonuses. <br><br>