Best Cashback Cards Article Discussion Area

MSE_Martin

oscar hugo you most certainly can set one up to pay in full - i've got one myself

I've bolded the relevant bit from the article below

The easy way to pay off in full

Use Direct Debit. Unlike standing orders, the amount DDs take from your account needn’t be fixed, thus one can be set up to ‘pay the card off in full each month’. The easy way to pay off in full

Use Direct Debit. Unlike standing orders, the amount DDs take from your account needn’t be fixed, thus one can be set up to ‘pay the card off in full each month’. Sadly some card providers deliberately miss this option off their DD forms, as it’s highly unprofitable for them. If so, just write in ‘pay off in full’ and send it in; they should honour it, though call up after a week or so and check it’s in place.

grovebury

Have used MBNA Thomas Cook mastercard for a number of years, pays cashback of, I believe up to 1 1/2 %, up to max. £20,000 annual spend, then just vire it against any purchase at Thomas Cook travel agents. You then use the card to pay the balance (without the usual credit card charge) and get 2% cashback on that! (also have an Amex card asa back up for if/when the MBNA max. exceeded). Works well for me!

oscarhugo

MSE_Martin wrote:

oscar hugo you most certainly can set one up to pay in full - i've got one myself

I've bolded the relevant bit from the article below

The easy way to pay off in full

Use Direct Debit. Unlike standing orders, the amount DDs take from your account needn’t be fixed, thus one can be set up to ‘pay the card off in full each month’. The easy way to pay off in full

Use Direct Debit. Unlike standing orders, the amount DDs take from your account needn’t be fixed, thus one can be set up to ‘pay the card off in full each month’. Sadly some card providers deliberately miss this option off their DD forms, as it’s highly unprofitable for them. If so, just write in ‘pay off in full’ and send it in; they should honour it, though call up after a week or so and check it’s in place.

Thanks, Martin. Based on yours and Grumbler's above, I will most likely have another go at setting up a full payment DD next month; either by phone or by printing off a form from the internet. Maybe things have changed but I remember when I set up the DD for my old Blue card some years ago & discovered it was only for the minimum amount I rang them up & the Cust.Serv.person told me yes it was for the minimum & I couldn't have it any other way. Anyway - try try again!

mike_pearson

I have a Citi Platinum card which also pays 1%. The balance can be paid in full each month.

grumbler

mike_pearson wrote:

I have a Citi Platinum card which also pays 1%...

... but not to new customers ...

Hawker

Martin (MSE),
Like you, I use an Amex Platinum card where ever possible and then a backup Halifax card where the former is not acceptable.
Having read your most recent article I was about to apply for the Egg card you suggest. However I have just checked with Halifax and as I have had my card since they were one of the first to pay 'cashback', I still get 1% on all purchases. I know that new customers cannot get that rate, but...
1) am I better staying with Halifax as my backup card?... and
2) should people check first with cards they already have?



Hawker

MSE_Martin

If you have a 1% card there's no need to change it to get Egg. I still have a 1% Circle Rebate card and use it as my back up - again its not available to new customers.

martin

robb2002

I am a student and earn about £4500 a year but already have £1500 in the bank. Would I be able to apply for any credit card?
Thanks
Robb

Bokken_2

Possibly,
Have a look at the credit card articles and the student and accounts forums for more up to date advice.
There are cards aimed at students and as long as you are on the electoral roll with the council you should be okay.
Also have a look at the credit scoring articles as if you apply for too many cards in a short period of time this will affect the out come of whether you are accepted or not.

johnyb_2

I have 2 comments
1. Because Amex is not accepted everywhere I find that now the spend has increased its difficult to get to the 2% area so a card paying 1% for all spend actually pays more and you need a backup visa card anyway

2. What has happened to the Citi card. mine pays me 1% on all spend, was it just a limited offer or has Martin just overlooked it?