Bankwest Forum

Ask a new question
Reply
New Member

Points

Posted by aussiebok aussiebok
Message 1 of 2 231 Views

I would like to pay my house deposit with my bankwest credit card (shall be in the green by quite a bit when doing this)

Will I be able to pay this deposit and earn FF points?

 

 

Reply
0 Kudos
Moderator

Re: Points

Posted by LyndsC LyndsC
Message 2 of 2 229 Views

Thanks for your question @aussiebok, this would depend on whether the company you're paying the deposit to accept credit card payments, and how they would process the payment. If they request you to transfer the funds, this would be classed as a cash advance which incurs a cash advance fee of $4 or 2% of the transaction amount (whichever is greater). If the card is in surplus of the amount you're transferring and you do not withdraw anything from the credit limit, then the fee would be capped at $4.

Some companies also have a surcharge for accepting credit card payments, so it would be best to check this before making the payment.

Reply
0 Kudos
Ask a new question
Top kudoed contributors

Bankwest SWIFT code: BKWAAU6P | Find your BSB by logging into Online Banking
© 2017 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.