Hello Maxers (and curious to-be Maxers)!
Today we are back to discuss the ephemeral question of “What is the best card for this purchase?”. And no, we are not going to waste your time by telling you to make excel spreadsheets.
ICYMI, we are doing a mini-content series on how HeyMax can help you fulfil your dream vacation by enhancing your miles game!
What we covered last week:
Okay back to the topic. Instead of manually inputting your expenses on Excel, we have came up with a one-stop solution to rewards tracking, card spend and optimisation of cards: HeyMax’s Card Maximiser 🎉
We hear you… tracking expenses is a pain!
As most of you know, credit cards are instrumental in unlocking these extraordinary travel rewards and experiences that can be out of reach. But tracking expenses is often troublesome, and requires loads of discipline (we are human too). This begs the question: Why can’t this process of credit card tracking be automated so I can focus on other things in my life?
Is this our origin story of the Card Maximiser? 100% yes.
HeyMax’s Card Maximiser is designed primarily to address these key pain points:
- Rewards transparency: Get clarity and certainty on how much rewards you earn from each and every transaction.
- Spend Tracking: View your card transactions in real-time, including what’s eligible for bonus rewards. Easily track and never overshoot your bonus cap
How does Card Maximiser Work?
1. Access Card Maximiser on HeyMax app
You can access Card Maximiser from the HeyMax homepage, either through “View My Cards” or through the Card icon on the top right hand corner.
2. Link Your Cards
We’ve partnered with Visa to help you securely link your credit cards and make the most of your transactions! Utilising Visa’s secure and robust network, you can link your credit cards with ease and security via Card Maximiser.
Do note that we are only able to link Visa cards for now since you’ll be logging in through a Visa-powered platform. Learn more about our data & privacy commitments below.
3. Real-Time Transaction Tracking
Since your card is already connected from step 1, any transaction you make will appear in real-time! No manual synching required anymore 🥳
4. Get Crystal Clarity on Rewards
Using transaction data provided by our partner Visa and our proprietary rewards algorithm, we can identify whether your transaction is eligible for credit card rewards and whether you are eligible for additional rewards (hint: Max Miles 👀).
Additionally, the Card Maximiser tracks your progress towards your bonus cap for every card you add. This means you’ll never have to individually track transactions from every card you own, ever!
Do note that any Max Miles earned is not tracked on the Card Maximiser: the Card Maximiser only helps you track rewards of credit cards you have added to HeyMax.
Your Max Miles transactions can be found on the Homepage, under Track my Max Miles or by clicking the numbers on the top of the Homepage. You can also link your card during certain HeyMax campaigns, and that can give you additional Max Miles!
How does the Card Maximiser optimise my rewards earnings?
What Card Maximiser does is that it’ll recommend you the best card to use based on the MCC of the store you are purchasing from.
How this works is that when you search a particular store on the HeyMax app, you’ll be able to see the MCC on the merchant store page. Further down the page, you’ll see a section with cards that are recommended by Card Maximiser to best maximise your rewards.
If you are familiar with miles hacking, you would have been familiar with spending waaay too much time researching Merchant Category Codes (MCCs) before paying for anything.
With Card Maximiser, the time spent researching on the best card to use is saved with a simple search of your desired merchant on the HeyMax app. All you have to do is tap your card to complete the transaction, and you earn both your credit card rewards AND Max Miles 😎 Isn’t that great?
For the newbies (hello, I was once you 😋), MCC is a relatively new term you’ve probably never heard of. TLDR; MCCs inform your credit card issuer the type of transaction you are making, which would affect the number of miles you earn from that particular transaction. Still unsure? Here is an article that can help you understand what is MCC and how HeyMax helps you with your mile journey 🤗
Our Commitment to Safeguarding Your Data
HeyMax is committed to maintaining the highest standards of data security. Drawing from Visa's extensive experience in digital payments and robust security frameworks, HeyMax uses advanced encryption and adheres to industry-standard security practices. This allows you to link their cards safely, ensuring that personal and financial information remains private and secure.
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