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Direct Deposit Personal Transaction Fees: 0.65% Debit Cards, 1.29% AmEx Personal, 1.5% Visa/Mastercard/Citibank @ Sniip

samwaldo 8367 Posts 8367 Karma
samwaldo posted this 3 weeks ago

Not sure when Sniip started allowing you to pay directly into BSBs and account numbers, but I thought this would interest anyone who wants to churn credit card signup bonuses by paying their rent for a 1.29-1.5% surcharge.

This is the only method I have found where you can pay directly into a BSB and account number via AMEX too, and at a relatively great rate of 1.29%.

You do have to jump through some hoops initially like getting the vendor verified manually, but I was able to set this up in about an hour.

https://sniip.com/bsb-account-numbers/

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