Credit Card Reward Schemes Discussion Area

RedBern

I've bought a kitchen on interest free until Feb/March next year. I have the 6k in savings and so can pay the full amount off. Which card would be the best to get optimum rewards??

JenIttels

Is there a 'technical issue' with the calculator?

I've just tried to compare the white and black virgin atlantic cards and it reckons that you don't get any award with the white card (you should get 1 point per £1 spent).

Maybe it's just me though...wouldn't be the first time!

boy_3

Anyone tried using BMI points for the flights? I either don't get many options or the quoted miles+cash deal is costlier than other airlines's normal tickets.
So annoying as I have loads of BMI miles due to credit card now, but can't use them.
Also, do the points off every year or can I keep them?

Loobeylou

Not certain I am posting this on the correct thread, but for some years now I have used Goldfish credit card. You were able to rack up 1 point for every £1 spent. These points could then be converted into coupons to use for places like M&S and Boots, and for every 100 points you were given coupons for £1. However, some time ago Goldfish devalued their points system so that you had to have 150 points for a £1 coupon.

After that, I started to mainly spend on our Halifax debit card, so that:

(a) we were spending money in our account and therefore did not have any large bills coming in at the end of the month (which we find very convenient) and

(b) because the Halifax debit card also gives 1 point for every £1 up to a certain limit, but do not devalue the amount they give back.

For some time there has been very little going onto the Goldfish card, but it is still needed for when we pay for things and require the security of a credit card in case of problems.

So my query is, what is a good credit card which will pay a points system but which does not devalue the amount they give back?

pollyanna24

I've just got a Tesco Credit Card which gives points back. Intend to use it for everything that I would normally use my debit card and pay it off each month.

Not sure if it is the best card out there for this kind of thing, but it will help towards my holiday in the Caribbean that I am buying out of Tesco points in 2008!

Loobeylou

Was considering this one, but you only get as follows:

Quote: Extra points on ALL your spending - 5 points for every £4 you spend at Tesco or Tesco.com and 1 point for every £4 you spend everywhere else! Unquote.

Whereas I could be persuaded to use a credit card for Tesco shopping, I am not totally happy about 1 point for every £4 spent elsewhere. It is mainly a credit card for occasional spending that I require.

Anyone else got any ideas please?

Loobeylou

Bump - anyone with any answers please?

TryingHard2Save

Anthony_S_Kravitz wrote:

I have had a BA AmEx card for about 6 years. It is free but I voluntarily pay £120 a year for it, to get 1.5 miles rather than 1 mile per unit. By spending £10k a year (easy as I use it for business) I also get a "companion ticket" annually.

To date we had 4 long distance (New York, Oz, India, California) Club Class flights, 1 long distance (Oz) World Traveller Plus and several European flights, each - about £20,000 worth. All for £720 and any necessary spending.

As far as I am concerned this beats any of the deals in Martin's tables.

I use my card for business and have qualified for a a credit card companion flight qualification. How do I book the flight? Can I go on air miles and just book that one for free through Virgin or do I have to pay for a flight to get the other one free? Thanks

anniecave

The new tesco card if you convert the points you receive into clubcard deals works out at 1% cashback equivalent on your credit card.

Now depending on how much you spend, you can probably do similar to that with other cards with cashback (can you get 1% with egg, and 1% with YBS? There may be spending limits on both of them), and the disadvantage with clubcard deals is you normally have to pay more in deals vouchers than if you book normally, as you dont get all the discounts you'd normally get. This particularly would apply to holidays, there is a tesco thread somewhere, and someone phoned up and asked how much the price would be, and was told x then when mentioned they were paying with deals vouchers, the price suddenly went up a lot!

So I would try and go for other cashback cards, not the Tesco new one.

I have an old tesco card, which is 2% equivalent, which I have used for booking my holiday on a ferry at easter and I will use to get my car serviced and MOT'd, but I build up points quicker than I can spend them at the "deals" rate so I sometimes go for other options, like stoozing.

allanmc

Help please.

How do you figure out that the SkyCard gives 1.26%? Everything that I can find out about it states that it is only gives, at most, a 1% reward.

Here are the relevant lines from the terms and conditions: "You will be awarded 1 SkyPoint for each £1 of eligible purchases" and "You will only be awarded SkyPoints on the whole pound sterling amount of each eligible purchase".

The website goes on to say that 500 points is worth £5 off of your monthly subscription.

That sounds like slightly less than 1% to me.

Can anyone shine a light on this subject?