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Turn your SkyCard into a 2% cashback card

cifpower
cifpower Posts: 6,502 Forumite
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.

Comments

  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Can you withdraw funds from your SkyBet without gambling it?
  • Moglex
    Moglex Posts: 1,581 Forumite
    Part of the Furniture 1,000 Posts
    ejones999 wrote:
    Can you withdraw funds from your SkyBet without gambling it?
    It would not be a very attractive proposition if you couldn't.

    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)
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Is that a yes or a no then?
  • cifpower
    cifpower Posts: 6,502 Forumite
    Yes you can - I have done so twice. The funds put into the account are not "free bets" which you get from promotions.
  • moneyuser
    moneyuser Posts: 1,085 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    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 A bit dubious though as the T&C say "A bet can not be withdrawn if not part of winnings".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.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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 A bit dubious though as the T&C say "A bet can not be withdrawn if not part of winnings".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.
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