Top Cashback Cards Discussion Area

politicfool

formerpineapple wrote: »

Hi
Somebody I know will be living and working in America for about 5 months this year. If they take any of the british credit card they will get a small fee for every transaction which will build up over the time they are there. So I was wondering if anyone knew about good deals on credit cards for the US? Does the system work the same over there or can you not have 'free' credit cards as you can here if you pay off in full each month via direct debit. Maybe somebody knows of a website similar to the British ones for credit card comparison?
Thanks!

I am an American living in the UK and in terms of rewards/benefits, the credit cards available in the US are far superior to those offered in the UK (while also not attracting any charges for those who pay in full each month).

The card I use most is the Charles Schwab Bank Invest First Visa. You get 2% cash back on all purchases. Also no foreign currency exchange fees (they absorb even the 1% that Visa normally charges). They have stopped promoting this card, but you can still apply here: www dot tiny url dot com / yz7thxk (sorry can't post a proper link as a new user but you get the idea)

There are also a number of cards out there paying as much as 5% on certain categories of purchases. I've got a Mastercard issued by Chase that pays 5% cash back on groceries, petrol and pharmacy purchases (unfortunately this card isn't available for new signups any longer).

If your friend hasn't got much US credit history, he/she might get declined, but it never hurts to try!

PM me if you want more information and I can try to help.

The_White_Horse

politicfool wrote: »

I am an American living in the UK and in terms of rewards/benefits, the credit cards available in the US are far superior to those offered in the UK (while also not attracting any charges for those who pay in full each month).

The card I use most is the Charles Schwab Bank Invest First Visa. You get 2% cash back on all purchases. Also no foreign currency exchange fees (they absorb even the 1% that Visa normally charges). They have stopped promoting this card, but you can still apply here: www dot tiny url dot com / yz7thxk (sorry can't post a proper link as a new user but you get the idea)

There are also a number of cards out there paying as much as 5% on certain categories of purchases. I've got a Mastercard issued by Chase that pays 5% cash back on groceries, petrol and pharmacy purchases (unfortunately this card isn't available for new signups any longer).

If your friend hasn't got much US credit history, he/she might get declined, but it never hurts to try!

PM me if you want more information and I can try to help.

just another example of rip off Britain.

halsteadk

The_White_Horse wrote: »

just another example of rip off Britain.

I don't think so. If they can afford those blanket cashback rates then the goods must be that much overpriced to start with.

furlongrob

An offer from BT came through the letterbox this morning to take out a new BT Visa credit card and get money taken off my BT phone bill every month, they call it "ERASE".
But it's confused me, especially as in an example table of quarterly saving if I spend £400 on my BT credit card I get £8 off my BT phone bill, to me it's 2p in the £ back, yes?
However, before this table it says " the more you spend the more you save -1p for every £1.50" is this an up-to 1p for every £1.50? Either way it's not 2p in the £. Is it?

If it is a genuine 2p in the £ then it's worth doing.

But what do you think guys.

Baldur

If you use the savings calculator on their website, a monthly spend of £100.00 (£1200 p.a.) would be required to "Shave £8 a year off your BT Bill" - see http://www.productsandservices.bt.com/consumerProducts/displayCategory.do?categoryId=CON-BT-CCARD-I&s_cid=con_FURL_btcreditcard

furlongrob

Ah..........yep, your right. its a spend of £1200 to get £8 back a quarter. so it's less than 0.75% cash back, or credit of your bill. So my AMEX is still better.

stphnstevey

With Egg Money can you set up a Direct Debit to pay a bill and earn cashback on that?

CannyJock

stphnstevey wrote: »

With Egg Money can you set up a Direct Debit to pay a bill and earn cashback on that?

You earn cashback on your purchases/spending. You can setup a DD to pay back the money that you spend. A DD takes money from your bank account, not a credit card.

COOLTRIKERCHICK

just been ok'd for an american express cashback card:T which i have been told by my accountant is perfectly ok to use for business buys.. the thing is i have applied on-line and i dont know what limit they are going to give me, any ideas what the platinum card range is?

jamespir

how long does a bank transfer