Ok, so we have one BOQ credit card, and we were going to start paying everything via the credit card and paying it before the interest free period expires each month (or whatever). Therefore, keeping all incoming money in our redraw to cut down on interest being paid on our home loan.
However, DH rang BOQ this morning (cos we paid off the credit card last night) and they told him that in order for us to get the interest free 55 day thing - we have to wait for TWO MONTHS before it comes into effect, because we just paid it off.
W.T.F?!?!?
I'm a bit over BOQ to be honest, so now we are looking for a better company to get a credit card through - who will give us the 55 days interest free period.
Can you get one with the mortgage provider or is that BOQ? We have an offset + redraw mortgage and the credit card is with the same so is even set up to automatically pay off the full credit card amount every month - so we take advantage of the interest free period, but can't get forget to pay it off either.
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