RateCity.com.au Gift Card Review

RateCity's gift card review

RateCity's 2019 comprehensive gift card review. Compare expiry dates, fees and the nice bits.

Company Expiry Date Fees Notes Nice bits
Home and hardware
Bunnings Unlimited expiry Postage $2.60 for physical cards (e-gift cards are free). If balance below $9.95 change will be given Unlimited expiry. Change given below $9.95. Gift cards can be personalised with a photo.
IKEA 3 years Postage $4.50 for physical cards (e-gift cards are free). Choose any value to add to the card, if buying online Choose any value to add to the gift card
The Good Guys Unlimited expiry Free postage for physical cards. Will honour expired gift cards Unlimited expiry. No fees, old expired gift cards will be honoured.
Tech
Apple store Unlimited expiry None Will honour expired gift cards.Can’t be redeemed at Apple app store or iTunes. Unlimited expiry, will honor expired gift cards
Google Play 5 years None Requires a google payment account to to redeem  
Apple App Store & iTunes Unlimited expiry None Can’t be used at Apple online or retail stores. Unlimited expiry. Often on sale. Can't be used for Apple hardware or accessories.
JB Hi-Fi Unlimited expiry Free postage for physical cards. . Unlimited expiry. No fees, free postage. Old expired gift cards will be honoured.
Department and retail stores
Big W Unlimited expiry Postage $5.50 for physical cards (e-gift cards are free) Choose any value to add to the card Unlimited expiry
Cotton On Unlimited expiry Postage $7 ($0 if value is $60 or over, e-gift cards are free). Can also be redeemed at Cotton Kids, Cotton Body, Factorie, Rubi, Typo and Supre Unlimited expiry. Available to redeem at multiple stores. Afterpay available to buy gift card
David Jones 3 years Postage $5.00 (e-gift cards are free). Not available to redeem at Sephora in any David Jones store  
Jay Jays 3 years Postage $3.99 (e-gift cards are free). Choose any value to add to the card  
Just Jeans 3 years Postage $3.99 (e-gift cards are free).    
Kmart 4 years Postage $5.50 (e-gift cards are free).    
Myer 3 years Postage $4.95 (e-gift cards are free). Available to regift digital gift card. Available to regift digital gift card.
Peter Alexander 3 years Postage $3.99 (e-gift cards are free).    
Portmans 3 years Postage $3.99 (e-gift cards are free).    
Smiggle 3 years Postage $3.99 (e-gift cards are free).    
Sportsgirl NSW and SA 3 years

Other states 1 year

Postage is $6 (free over $50). No e-gift card option. 12 months expiry in some states. Not available to redeem online, Afterpay available
Sussan NSW and SA 3 years

Other states 1 year

Free postage for physical cards. No e-gift card option. 12 months expiry in some states. Not available to redeem online. Afterpay available
Target 4 years Postage $5.50 (e-gift cards are free). Shipping fee charged  
Food and groceries
Aldi Unlimited expiry None Can only be purchased and redeemed in store Unlimited expiry
Coles 4 years Postage $5.50, e-gift cards free. Can't be redeemed at Coles Online, Coles Express or Liquorland.  
Woolworths Unlimited expiry Postage $5.50, e-gift cards free. Some Woolworths gift vouchers can't be used at BWS, Dan Murphy's and Caltex. Unlimited expiry.
Hello Fresh N/A N/A Gift card option turns into a Christmas delivery at checkout  
Youfoodz 3 years None Not available to redeem in all regions.  
Money
Westfield 3 years $2.95 service fee plus $2.95 delivery fee (no e-gift card option) Eftpos card. Some old stock may still quote a fee of $5.95. Only accepted by places that offer eftpos. Fees have been reduced since last year.
Aus Post Mastercard gift card 3 years $5.95 purchase fee Only buy in store. Load value on each card can only be of $50, $100, $200 and $500 denominations.  
Giftstore.com.au 3 years $9.05 postage and handling, $2.48 credit card service fee, $1.15 GST (total $12.68) Visa card. Activitate in 3 months or card may be cancelled. Website still says 1 year expiry but it is 3 years nation wide.  
Coles Mastercard gift card 3 years $5.00 purchase fee In store only  
Travel
Flight Centre 3 years Postage $7.50 (e-gift cards are free). High postage fee  
Jetstar 3 years Postage $6.50 (e-gift cards are free). Payment accepted by PayPal only. Can't be redeemed for Jetstar Holiday products. Must have a PayPal account to purchase, can't be redeemed for Jetstar Holiday products.
Qantas 3 years None Can be purchased using Qantas rewards points. A service fee applies to redemptions through Qantas Telephone Sales. Can be transferred to any name, can be purchased using Qantas points. Vouchers received as marketing promotions only have 6 months validity.
Virgin 3 years Processing fees from $2.75 if bought online. Available to purchase online or at Woolworths, Coles and Big W.  
Entertainment
EB Games Unlimited expiry Free postage for physical cards. Can be redeemed in stores across Australia and New Zealand. Unlimited expiry
Event Cinema 3 years Postage $6 (e-gift cards are free). Booking fees may apply.  
Hoyts 3 years Postage $4 (e-gift cards are free). Can be redeemed for movie tickets, LUX tickets, bar items, candy bar items and even merchandise  
Village Cinema 3 years Postage $9.70 (e-gift cards are free). High postage fee for physical gift card.  
Netflix Unlimited expiry None Can be bought from a variety of stores including Target, Woolworths, Coles and Australia Post. Can be added to existing Netflix subscriptions or used on a new one. Unlimited expiry
Stan 3 years None Can be bought from Stan and a variety of department stores.  
Spotify Unlimited expiry for digital gift cards, 3 years for physical cards None Recipient can receive gift card via email or SMS. Unlimited expiry when purchased via Prezzee app
Other
Endota Spa 3 years Postage $8.50 (e-gift cards are free). Cancellations within 24 hours of appointment may result in a cancellation fee being charged. High fees.
Ultimate Gift Card for Him 3 years Postage $5.25 if buying online. Can be redeemed at BCF, Supercheap Auto, Drummond Golf, Barbeques Galore and Rebel Sport. Cannot be redeemed online Can be used at multiple stores.
Ultimate Gift Card for Her 3 years Postage $5.25 if buying online. Can be redeemed at David Jones, Lorna Jane, Bras N Things, Seed Heritage. Cannot be redeemed online Can be used at multiple stores.
Ultimate kids Gift Card 3 years Postage $5.25 if buying online. Can be redeemed at Rebel Sport, Australian Geographic, Dymocks, JB Hi-Fi, Toyworld, Timezone, Zone Bowling, Kingpin Bowling or Cotton On Kids store. Cannot be redeemed online Can be used at multiple stores.

Note: data is correct as at 3 December 2019, and is subject to change.

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Learn more about bank accounts

Can I link a bank account to Paypal?

Paypal is a safe and convenient way to pay online without the need to share your financial details. You can send and receive money or accept credit and debit cards as a seller using Paypal.

It’s easy to link your bank account to a Paypal account and start making transactions within minutes.

To start, you first need a Paypal account (it’s free to join). When setting up your Paypal account, you will be prompted to link a credit card or bank account (or both if you wish).

PayPal works without a balance; you can use Paypal to shop or send money when your balance is zero.

When your Paypal balance is zero, Paypal will ask you to choose your preferred payment method at the checkout.

This could be either your linked bank account or credit card. Your bank details can be updated if you change banks or credit cards.

How can I find bank accounts in my name?

To find ‘live’ bank accounts in your name, you’ll have to ask individual lenders, which involves contacting them one by one and proving your identity each time. To find ‘unclaimed’ bank accounts (those that have been inactive for at least seven years), you can use this website.

Do you need a bank account to sell on eBay?

You don’t need a bank account to sell on eBay. But if you don’t have a bank account, you must provide either a credit card or debit card.

Can you open a bank account at 16?

Yes, you can open a bank account at 16, or even younger. If you’re 13 or under, you will probably need a parent to accompany you to a branch.

How do I close a bank account?

Closing a bank account is one of those tasks that’s easy to put in the too-hard basket. There are quite a few steps involved, some which may require you to hang on the phone for a while.  

Here’s a handy checklist of items to tick off, so the job gets done quicker. If you don’t do your banking online, the following steps can also be done at a branch.   

  • Cancel any scheduled or recurring payments
  • Update your direct debit details (such as loan repayments) with creditors
  • Export your payee address book (to keep a record of saved third-party bank account details)
  • Transfer the balance of your account (to the new bank account)
  • Close your account online, or by calling the bank or visiting a branch

Can you open another account at the same bank?

Yes, you can open another account at the same bank if you already have an account there, but some banks place a limit on how many specific accounts you can open.

Generally, though, it is possible to have more than one everyday account, one personal account and one joint account, or have different types of accounts – such as a transaction account and a savings account.

Keep in mind that some bank accounts come with fees, so you could be charged twice for having two types of the same account at the same bank.

Also, if you have more than one high-interest transaction account at the same bank, only one account will be able to earn the highest rate of interest.

How do I open a bank account if I'm under 18?

The good news for savvy young folks like you wanting to take charge of your finances is that there are many bank accounts available for under-18s.

For bank accounts that require you to be 18 or older, you’ll have to rope in a parent or guardian to open the account for you.

Otherwise, you can apply by yourself online or at the branch of the bank, credit union or building society that has the account you would like to open. 

If applying online, you might be asked for a form of identification. For under-18s, this could be a Medicare card you’re listed on, your birth certificate and/or your current home address.

In most cases, you can verify your identity online (at the time of applying) or at the branch afterwards.

How do you open a bank account under 18?

If you’re under 18 and you want to open an Australian bank account, you will need your passport or birth certificate. (Some lenders might require just a Medicare card or driver’s licence.) You can apply online or at a branch. If you’re 13 or under, you will probably need a parent to accompany you to a branch.

How do you set up a bank account online?

Once you’ve compared bank accounts and found the right one, the process of opening a bank account online is quite simple and can be done in around 10 minutes.

To set up a bank account online, you’ll need to prove your identity and provide an approved form of ID as well as your tax file number (TFN).

If you’re a new customer of the bank, you’ll need to verify your identity and potentially upload documents before you can complete your online application.

Once your ID has been verified and you’ve set up your bank account online, you should receive your bank cards in the mail along with your PIN and any other account details.

How do you find a bank account number by name?

For privacy reasons, Australian banks won’t hand out account numbers or other details about their customers. However, if you provide a bank with a BSB and account number, they should be able to confirm if those numbers belong to one of their customers.

Can the government take your money from your bank account?

There are some instances when the government can take money from your bank account. This generally occurs in situations where you have an outstanding government debt.

Before it can take money from your bank account, the government authority owed money would first need to issue a garnishee notice. 

A garnishee notice is issued by the government agency (such as Centrelink or the ATO) to a third party that holds money for you or owes you money.

To take money from your bank account, your bank would be issued with the garnishee notice requiring it to pay ‘your money’ to the requesting agency to satisfy the debt.

Can Centrelink access your bank account?

Yes, Centrelink can access your bank account, but only if you give them a reason to. Centrelink uses data-matching software with other federal government agencies to help it crack down on welfare cheats.

This is why it’s important to give true and matching information to all government agencies.

For example, if you report to Centrelink your annual income is $25,000, but at tax time you report your income as $50,000 with the ATO, it’s likely you’ll be ‘red flagged’.

At this point, Centrelink can legally request that your bank hand over your personal bank account details, to review your finances.

In most cases, Centrelink does not have the authority to take money out of your account. You will usually be given written notice to repay the debt.

However, Centrelink can also reduce your benefits until you’ve paid back what you owe. In extreme cases, Centrelink can garnish your wages and assets (including money in your bank account) until your debt is repaid.

How do I transfer money from Paypal to my bank account?

Transferring cash from Paypal into your bank account is simple…if you have a Paypal account that is.

Once you’re logged into your Paypal account, the account balance will appear on your home page. Below your balance are two options:

  • Add money
  • Withdraw money

Choose option two if you want to transfer money from your Paypal account to your personal bank account.

The next screen will prompt you to either enter new bank account details or choose a bank account that’s connected to Paypal. You can always add more bank accounts to your Paypal profile.

Another way to transfer out of Paypal is by jumping to the wallet tab on the top menu, and clicking ‘transfer money’. Both options will give you the same result.

How do I close my bank account online?

You can usually easily open a bank account online, but you often can’t close it online.

Many banks and credit unions will only let you close an account if you go into a branch or call them on the phone.

However, some banks will let you request to close the account via your internet banking. Check your financial provider’s website for details.

Just remember: If you still have funds in the bank account, transfer them to another account, or withdraw the cash. Also, if you have any payments like direct debits going in or out of the bank account, these will also stop when you close your account.