ANZ Telstra Visa Rewards slowly deteriorates

[kristo]

Has anyone else noticed that the number of rewards required to redeem a $50 Credit has gone up to 6600 points from 6250 points?
That's now 0.75%, down from 0.80%.
Note also that this is a 44 day free card not 55 like Commonwealth, Citibank and Amex.
It may be that ANZ are happy to loose some market share!
Any comments?

[straitman]

Note also that this is a 44 day free card not 55 like Commonwealth, Citibank and Amex.
It may be that ANZ are happy to loose some market share!

Unfortunately the sad reality is that whilst the banks etc are forever amending their rules and conditions, most people are oblivious or at the very least worn down by the continual changes. As such they just can't be bothered which leads them to give up and meagrely accept that the banks are out to screw them