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Turn your SkyCard into a 2% cashback card

cifpower
Posts: 6,502 Forumite
in Credit cards
SkyCard gives its customers 1 point for every £1 spent (not including BTs). If you redeem your points into SkyBet, 250 points becomes £5. If you already have a Skybet account, telephone them and ask them to redeem your points into your account. If you do not have an account, they will set one up for you.
You can then register a debit card on your betting account and withdraw the money. This effectively makes the SkyCard a 2% cashback card with no limits!
I have done this twice and it can be done monthly.
You can then register a debit card on your betting account and withdraw the money. This effectively makes the SkyCard a 2% cashback card with no limits!
I have done this twice and it can be done monthly.
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Comments
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Can you withdraw funds from your SkyBet without gambling it?0
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ejones999 wrote:Can you withdraw funds from your SkyBet without gambling it?
It would imply that no one ever wins long term (which is probably true-ish, but not the sort of thing you want your mugs ^h^h^h^hcustomers to know)0 -
Is that a yes or a no then?0
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Yes you can - I have done so twice. The funds put into the account are not "free bets" which you get from promotions.0
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Interesting, I will give this ago. A bit dubious though as the T&C say "A bet can not be withdrawn if not part of winnings".
This would be much better than the £5 for 500 points off a sky bill.0 -
moneyuser wrote:Interesting, I will give this ago. A bit dubious though as the T&C say "A bet can not be withdrawn if not part of winnings".
This would be much better than the £5 for 500 points off a sky bill.
It is this that I had read and was dubious about it happening on a regular basis. I feel that the more people do this the sooner the company will twig and clamp down. This will be of course the day before you decide to withdraw your funds.0
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