I do my lotto online here in WA and pay by credit card, no fees here.
The feds must think only the eastern states have problem gamblers.
Cheers Neil
-- Edited by Delta18 on Friday 20th of January 2012 08:06:33 PM
ken thomas said
12:44 AM Jan 21, 2012
A friend of mine has just checked his credit card bank account statement and was surprised to find a cash advance fee and interest on that cash advance
copy of his email to me so keep an eye out
Upon checking my Credit card Bank statement, I noticed that I am now getting charged a cash advance fee and also interest on this cash advance fee for putting my Tattslotto on online.
After contacting the bank, I was informed that this fee was recommended by ASIC and the Australian Government to combat problem gambling, and introduced by the Bank.
As I spend between $10 and $20 per week on Tattslotto, why am I being classified as a problem gambler, surely this is discrimination against me for spending such small weekly amounts on lotto and paying for it on my credit card.
If I went down to my local bottle shop and bought $200 worth of alcohol per week and put it on my credit card, you could say I was a problem drinker, but I do not attract extra fees on my credit card for doing this.
Why was this piece of nanny state mentality legislation introduced to lotto and not to the purchase of alcohol, or is this piece of legislation a for runner to additional money raising taxes of the future.
Ken
justcruisin01 said
12:53 AM Jan 21, 2012
That red headed b$$$$$$$$h has to keep getting money from some where.
We do not pay bank fees of any kind .
JC.
Ma said
12:57 AM Jan 21, 2012
We don't either Jim but then again we haven't done the lotto online either.
Maybe that's something that the bank's have no control over.
the rocket said
01:14 AM Jan 21, 2012
justcruisin01 wrote:
That red headed b$$$$$$$$h has to keep getting money from some where.
We do not pay bank fees of any kind .
me too. rocket n strop
JC.
Happywanderer said
01:32 AM Jan 21, 2012
Must tell my sister about that one Ken. She buys her tattslotto online.
rockylizard said
03:03 AM Jan 21, 2012
Gday...
If you pay your "online Tattslotto" by using your "Pay Anyone" (BSB Nr + Acct Nr) - as a Debit through your bank account rather than as a Credit Card payment - would that attract any fees?
Perhaps not.
cheers
John
Dougwe said
03:29 AM Jan 21, 2012
That has just saved me a phone call to CC privider. I noticed a cash advance fee myself all 25Cents and I didn't get a cash advance. Another TAX to added to the aready too many.
bill12 said
03:52 AM Jan 21, 2012
Pay cash- it easier and harder for Big brother to trace...........
Dougwe said
03:58 AM Jan 21, 2012
bill12 wrote:
Pay cash- it easier and harder for Big brother to trace...........
How true, it will be that way for me too from now on.
ken thomas said
07:24 PM Jan 21, 2012
I cant see how playing lotto makes you a problem gambler,just another sneeky tax Ken
DeBe said
07:31 PM Jan 21, 2012
Ken, it would be interesting to know which bank hes using as it apears to be bank charges & may only be that particular bank & has the Govts blessing to get away with it.
Happywanderer said
07:47 PM Jan 21, 2012
It would be another bank fee the banks are getting away with until someone sorts them out.
Another ripoff.
Delta18 said
08:37 PM Jan 21, 2012
ken thomas wrote:
A friend of mine has just checked his credit card bank account statement and was surprised to find a cash advance fee and interest on that cash advance
Ken
I just re-read the OP and now realise that it looks like your friend did a Cash Payment (withdrawal) which, of course attracts interest immediately, unlike a Credit Card payment which will not attract interest until the Due Date of the next statement passes without payment.
Cheers Neil
ken thomas said
10:55 PM Jan 21, 2012
Hello Darryl It can only be "which bank" and who knows if its with one all the rest will follow. They make billions profit,and still want more so get rid of staff to Ken
ken thomas said
10:57 PM Jan 21, 2012
Delta18 wrote:
ken thomas wrote:
A friend of mine has just checked his credit card bank account statement and was surprised to find a cash advance fee and interest on that cash advance
Ken
I just re-read the OP and now realise that it looks like your friend did a Cash Payment (withdrawal) which, of course attracts interest immediately, unlike a Credit Card payment which will not attract interest until the Due Date of the next statement passes without payment.
Cheers Neil
Neil
I dont think you can do a cash payment on a credit card ??
This is the first time it has appeared and has been using online for ages
Ken
Nicholstones said
02:39 AM Jan 22, 2012
If this is a fee charged by the banks then it is not a tax, it isn't going to the government. I strongly suspect this is nothing to do with the federal government and is instead something that some (one? all?) banks have instituted.
Gerty Dancer said
03:35 AM Jan 22, 2012
I wonder if there might be a rule that Lotto (gambling) cant be paid for with a credit card? You cant pay rent or fines with a credit card either. If you were to use the credit card they'd treat it as a cash advance.
Delta18 said
03:35 AM Jan 22, 2012
I think a lot of banks see any credit card payments used for gambling as a 'cash advance'. I know in WA the Lotto online warns that this is the case. My MasterCard doesn't do this.
Perhaps the Banking Institutions are worried that, if you are a 'gambler' then you may not have the funds remaining to pay your account on the due date perhaps 6 or so weeks later.
I do my lotto online here in WA and pay by credit card, no fees here.
The feds must think only the eastern states have problem gamblers.
Cheers Neil
-- Edited by Delta18 on Friday 20th of January 2012 08:06:33 PM
A friend of mine has just checked his credit card bank account statement and was surprised to find a cash advance fee and interest on that cash advance
copy of his email to me so keep an eye out
Upon checking my Credit card Bank statement, I noticed that I am now getting charged a cash advance fee and also interest on this cash advance fee for putting my Tattslotto on online.
After contacting the bank, I was informed that this fee was recommended by ASIC and the Australian Government to combat problem gambling, and introduced by the Bank.
As I spend between $10 and $20 per week on Tattslotto, why am I being classified as a problem gambler, surely this is discrimination against me for spending such small weekly amounts on lotto and paying for it on my credit card.
If I went down to my local bottle shop and bought $200 worth of alcohol per week and put it on my credit card, you could say I was a problem drinker, but I do not attract extra fees on my credit card for doing this.
Why was this piece of nanny state mentality legislation introduced to lotto and not to the purchase of alcohol, or is this piece of legislation a for runner to additional money raising taxes of the future.
Ken
That red headed b$$$$$$$$h has to keep getting money from some where.
We do not pay bank fees of any kind .
JC.
We don't either Jim but then again we haven't done the lotto online either.
Maybe that's something that the bank's have no control over.
Gday...
If you pay your "online Tattslotto" by using your "Pay Anyone" (BSB Nr + Acct Nr) - as a Debit through your bank account rather than as a Credit Card payment - would that attract any fees?
Perhaps not.
cheers
John
How true, it will be that way for me too from now on.
Ken
Ken, it would be interesting to know which bank hes using as it apears to be bank charges & may only be that particular bank & has the Govts blessing to get away with it.
Another ripoff.
I just re-read the OP and now realise that it looks like your friend did a Cash Payment (withdrawal) which, of course attracts interest immediately, unlike a Credit Card payment which will not attract interest until the Due Date of the next statement passes without payment.
Cheers Neil
It can only be "which bank" and who knows if its with one all the rest will follow.
They make billions profit,and still want more so get rid of staff to
Ken
I think a lot of banks see any credit card payments used for gambling as a 'cash advance'. I know in WA the Lotto online warns that this is the case. My MasterCard doesn't do this.
Perhaps the Banking Institutions are worried that, if you are a 'gambler' then you may not have the funds remaining to pay your account on the due date perhaps 6 or so weeks later.
Cheers Neil