Best Cashback Credit Card

salsa1

I am confused.
I am going to apply for a cashback card but which one would be best for me?

Spend approx £750 a month. Ideally I would like one in joint names.

Thanks

Spud_2

salsa1 wrote:

I am confused.
I am going to apply for a cashback card but which one would be best for me?

Spend approx £750 a month. Ideally I would like one in joint names.

Thanks

I spend a similar amount to you per month on credit cards, I use Amex Blue and Morgan Stanley Platinum. The former pays 1% cashback AFTER £2K spent on card and the latter pays 1% up to £2K. Morgan Stanley offers a 3 month 2% cashback rate too which is good (or at least it used to). It's handy to have them both as Amex isn't accepted in so many places.

Dagobert

Egg Money MasterCard pays 1% cashback, up to £200 per year.

The Conran card (which is an MBNA VISA card) guarantees 0.8% cashback but in practice has been paying 1% dutring the past few years. There is no annual limit.

There is also the Halifax Moneyback VISA debit card, which pays 1% cashback, up to £100 per annum. But the associated current account only gives you 0.5% in-credit interest. Also, you don't get cashback if you don't credit the current account with a minimum of £1000 per month.

The Morgan Stanley Platinum might also be worth getting to make use of the introductory increased cashback rate of 2% on the first £2000 spent. (That's an extra £20 gained!). Then ditch the card or keep it and spend only £2000 on it every year.



I have both the Egg Money and Conran cards. I also applied for the Halifax Moneyback card as I have a Bank of Scotland (Halifax) account anyway. That means I can use the debit card where credit cards are not accepted: for instance, for heating oil or at the Post Office.

I am trying to pay everything I can by credit card now including council tax.

HGLTsuperstar

Dagobert wrote:

[

The Morgan Stanley Platinum might also be worth getting to make use of the introductory increased cashback rate of 2% on the first £2000 spent. (That's an extra £20 gained!). Then ditch the card or keep it and spend only £2000 on it every year.

QUOTE]

Dont ditch the card when you get to 2K, just dont use it, if you cancel before your 1st yr anniversary you lose the cashback