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GE '3%' Cashback Card

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MSE_Martin
MSE_Martin Posts: 8,272 Money Saving Expert
Part of the Furniture 1,000 Posts Combo Breaker
Full details of this new card are in the Best Cashback Card Article.
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1087717218,37843,

Martin
Martin Lewis, Money Saving Expert.
Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
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Comments

  • KTF
    KTF Posts: 4,848 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I applied for on Sunday and got a 'yes' within a few hours. I am doing 1000 miles a week at the moment so this will come in quite handy :)
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    wow.... almost unblieveable
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • buses7675
    buses7675 Posts: 837 Forumite
    Hi All,

    That does look good, am I missing it or is no online access for any GE Money accounts?

    May well apply for this for food, keep egg money for everything else! - I would like online access though!

    Cheers

    Steve
    completed Uni in 2004 without any student debt - woohoo!
  • mad
    mad Posts: 259 Forumite
    Part of the Furniture Combo Breaker
    I have applied for one (the everyday card) and I will let you know how I get on..

    Please note everyone that they also have another card, the transformation card that has 0% on balance transfers for a year and 0% on ppurchases for a year

    here is the direct link for info but go via Martins link (If it makes a difference I don't know)
    http://www.gemoney.co.uk/html/creditcard/creditcardsectionpage.shtml
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    http://www.gemoney.co.uk/html/creditcard/everyday_creditcardfaqlisting.shtml#cashBackWork
    How does my cashback work?

    For every £100 you spend on food and fuel, we‘ll give you £3 back. We‘ll give you a cheque for the amount you‘ve earned on your everyday spend. This means that if you spend £5000 over the course of a year, we‘ll give you £150 back!
    Not sure if that means exact multiples of £100 spending or is just used as an illustration.

    EDIT: It would be useful if anyone applying for this new product gave feedback on being accepted/rejected compared to other (better known) cards for comparison. Martin suggests they may be harder to get but only experience will bear out how true this is.
    .....under construction.... COVID is a [discontinued] scam
  • equitydealer
    equitydealer Posts: 353 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    buses7675 wrote:
    Hi All,

    That does look good, am I missing it or is no online access for any GE Money accounts?

    May well apply for this for food, keep egg money for everything else! - I would like online access though!

    Cheers

    Steve

    Looking at their website I can not see an account log in page. :confused:
  • xandertarr
    xandertarr Posts: 10 Forumite
    Part of the Furniture Combo Breaker
    I applied on Friday, and on Sunday received a refusal notification. Bit annoying as I don't see myself as having any problems on my credit rating and have been accepeted for other cards, e.g. Nectar Amex and Morgan Stanley Platinum.
  • lipidicman
    lipidicman Posts: 2,598 Forumite
    This card looks perfect for me. As most of my spending is on food this should beat using a 0% card for normal spending
    eg yearly spend ~£1k
    stooze interest at 4% net on £500 av balance = £20
    cashback on £1000 is £30 tax free

    I am just worried about
    a) a rejection if they are very choosy. I don't mind not getting it, but it might affect my next application, right?
    b) can anyone confirm whether the cards are 'online' for payments and statements?
  • KTF
    KTF Posts: 4,848 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    lipidicman wrote:
    b) can anyone confirm whether the cards are 'online' for payments and statements?
    I cant see any 'login' link on their website so I guess its back to waiting for the bill to hit the mat each month :-/
  • silvasurfa
    silvasurfa Posts: 9 Forumite
    Applied for one last week and was accepted within 24 hours - now awaiting for the card etc through the post.

    not sure how they know what qualifys for food as most supermarkets sell all sorts of stuff these days - still will no doubt will find out when I use it ? :-)
This discussion has been closed.
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