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Money Moral Dilemma: Should I keep the cashback on my replacement car hire?
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Former_MSE_Nick
Posts: 463 Forumite
This week's MoneySaver who wants advice asks...
Unfortunately the MSE team can't always answer money moral dilemma questions as contributions are often emailed in or suggested in person. They are purely intended to be enjoyed as a point of debate and discussed at face value.
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I was recently in a car accident that was deemed the other driver's fault. I was told to arrange a car hire while mine's in the garage, and to claim back the cost on their insurance. It looks like I can get 10% cashback on the hire, which wouldn't show on the invoice. Would it be right for me to keep it?
Unfortunately the MSE team can't always answer money moral dilemma questions as contributions are often emailed in or suggested in person. They are purely intended to be enjoyed as a point of debate and discussed at face value.
If you haven’t already, join the forum to reply!
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Comments
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If you paid on a cashback credit card, would you be asking the same question?
But you really want to be reminding yourself that cashback isn't guaranteed, so don't shoot yourself in the foot. Plus, it's probably harder to get the company to pay a lower amount than the invoice because then their accounting doesn't add up.0 -
If it's a comparable price and your insurer hasn't given you a limit for car hire, go for it!0
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Yes keep it!0
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I would!0
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Well, obviously it's up to you! I assume that the cash back is because you are paying on either your own credit or debit card, in which case as a legitimate purchase you are entitled to keep the cash back - it's your 'reward' for being loyal to your card provider. Morally, if you feel uncomfortable keeping the money (don't forget, YOU are being inconvenienced here!), then you could always donate some or all of it to charity 😀0
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Cashback isn't guaranteed. But in the event it is paid you do have a duty to inform the compensating insurer as otherwise it amounts to an element of double recovery.
Alternatively, save the inconvenience of having to pay out for a hire car and claim the costs back by approaching the insurer of the fault party and ask them to sort a hire car for you at their own direct expense.0 -
Why wouldn't you keep it? The insurance company will pay out according to the invoice, any other benefit accruing is strictly yours.0
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I don't see why you shouldn't have it, as it's an offer that's entirely separate from the insurance claim, and between you and the hire firm.
Besides, what would you do with the money otherwise? Send it to the insurer, which already loads premiums for motorists with long no-claim records? Send it to the other party, who's hardly deserving of it? Neither would probably thank you for it, either.
I should look upon it as a bit off your next year's premium.:)0 -
Sounds good to me,keep it.0
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Of course you should keep it - these companies wouldn't give you any money back they made on anything to do with you.0
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