Christmas delivery deadlines fast approaching for Australians cashing in credit card reward points

If you’ve been patiently watching your rewards credit card points balance climb throughout 2017 in anticipation of redeeming them for Christmas presents then you’d better be quick, because the delivery deadlines for a number of the major banks are fast approaching.

Now that a number of Australia’s major banks have initiated separate rewards programs, cardholders are able to trade in their points for a range of rewards - including everything from overseas holidays to technology and homewares.

In fact, according to a recent survey by Citi, Australians are increasingly using their points at Christmas time - the survey finding that 38% of respondents looked to rewards programs for Christmas gift purchases.  

RELATED: Why Mozo thinks your credit card might be the best way to pay for Christmas

If you’re a NAB credit card holder looking to nab a Christmas deal you have just two days left to purchase items using their points, with the bank urging customers to place their orders before this Friday (December 8th) to ensure delivery before Christmas.

The Commonwealth Bank has also encouraged credit card holders wanting to cash in points using the Commbank Awards Program to do so as soon as possible in order to make sure their gifts arrive in time to be placed under the Christmas tree.

RELATED: 5 credit card incentives to snap up in December

While the Christmas delivery deadline for Westpac customers expired on December 1st, credit card holders with a stash of Altitude points will still be able to redeem them for a range of gift cards before this coming Monday (December 11th).  

Ready to begin amassing a points stash of your own? Head over to the Mozo rewards credit card hub to find the perfect points earner for your own wallet.

The major Christmas deadlines you need to know

Aside from the delivery deadlines for all your rewards points purchases, don’t forget about these other important dates and deadlines this Christmas:

• Early December: If you’re wanting to send money overseas through an IMT specialist or just your normal bank, do so as soon as you can to ensure the transfer goes through before Christmas.
• December 8th: International postage delivery times can vary depending on your destination and class of mail, but AusPost estimates that economy airmail can take at least 10 business days.
• December 14th: While parcels send between Australian cities generally only take 2-3 business days, AusPost states that the delivery time can sometimes be as much as 6 days.
• December 22nd: While you’re welcome to try your luck with grocery shopping on the Saturday before Christmas this year, the combined Christmas experience from the Mozo team suggests that you’re playing with fire (or at least the prospect of some seriously long cues) any day after Friday the 22nd.