OPEN YOUR WALLET! What’s in your Wallet?
OPEN YOUR WALLET! What’s in your Wallet?
The Wallet is one of Maxxia’s most popular salary packaging options. The orange smartcard offers huge flexibility to customers – allowing them to spend their before-tax money when they want, where they want.
Yes, that even means bars and restaurants when you dine out with others.
But despite the popularity of the Wallet, some “urban legends” persist about how it can be used.
We thought it was time to debunk the three most persistent myths. We’ve also thrown some handy hints into the mix to help you get the most out of your Wallet.
Do I need to spend the amount on my Wallet each fortnight?
Nope! The only deadline you have is March 31, which is the end of the FBT year. (And if your employment ceases, your Wallet balance must be zero.)
In fact, you can save up the balance on your Wallet for larger items you may wish to purchase; as long as VISA is accepted at the merchant in question there is no reason you can’t buy a grand piano using the Wallet! (Which, of course, would sound all the sweeter knowing it was purchased with before-tax money.)
Can I use it online?
Absolutely. Online shopping is a juggernaut that shows no sign of slowing, and the Wallet will work just fine – so shop ‘til you drop.
If you do find yourself in a fierce online bidding war where every dollar counts, make sure you have your Maxxia online account by your side to ensure you have a sufficient balance available.
Can I have an additional card?
Yep, you can have as many as you like. Give one to a loved one and get some help spending that balance! All we need is the cardholder’s name and details, and we’ll send them the card.
The additional cardholder must be at least 16 years of age. So, if you’ve got a teenager, the Wallet allows for peace of mind knowing that they have access to funds in times of need – like a trip to the movies.
For more information about the Maxxia Wallet, contact us and we’ll be in touch.
The Maxxia Wallet is issued by Heritage Bank Limited ABN 32 087 652 024, AFSL 240984 ACL 240984. Maxxia Pty Ltd (Maxxia) acts as authorised representative of EML Payment Solutions Limited ABN 30 131 436 532, AFSL 404131 as distributor of the Maxxia Wallet. For more information about the card please read the Product Disclosure Statement which is available by contacting Maxxia.