Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia's Top 50 Financial Planners by The Australian Financial Review Smart Investor. He is passionate about guiding you on the right financial choices to achieve what you really want. Matt Hern is an Authorised Representative of Charter Financial Planning Limited AFSL 234665. All information is general advice only.

3 responses to “Are credit card surcharges worth the points?”

  1. Gihan Perera

    Thanks for this analysis, Matt. I’m usually pretty good with this, but occasionally still trick myself into paying the surcharge because I think it’s worth the points. Now that you’ve done the numbers, I’ll be less likely to make this foolish mistake!

    I think it’s sometimes even worse than this, because I often use my reward points for discretionary “luxury” purchases, which I wouldn’t necessarily have made under other circumstances. So not only am I worse off by paying the surcharge, I’m not even making smart use of the money I do get in return.

  2. Discount Vouchers dominos

    You’re so interesting! I don’t believe I’ve truly read through a single thing like that before. So great to find another person with a few unique thoughts on this subject. Really.. thanks for starting this up. This website is something that is required on the web, someone with a little originality!

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