Isit ok using cash back card to pay these bills?

husemin

Hi all

Hope you are all well on this snowy day.

I'm trying to tidy my spending up a bit and would like to know.....

Isit ok to use my Halifax cash back credit card for the following payments and not be charged as a cash advanced. Is anyone doing this currently and knows for sure it's ok:

1. Virgin media bill.
2. TV license.
3. Mobile phone bill.
4. EDF electric only bill

I also have 1 debt and 1 loan, but im sure I cant use CB CC for that can I?

and has anyone asked for cash back at the supermarket till and not been charged as a cash advance?

thank you so much anyone whom can help.

H

davetrousers

I think you The TV Licensing people charge a couple of quid for paying for your licence by credit card.

JohalaReewi

You can't get cashback on a credit card at the supermarket till.
This feature is only available for a debit card.
However, you can buy xmas saving stamps

You can usually top up a pay as you go mobile phone with a CC.

You can pay the TV licence by credit card (but not Amex) and the last time I did this, there was no CC fee.

For other utilities, you need to ask them.
There are three gotcha's if they do:
1) They will likely charge a CC handling fee
2) You will not be paying by direct debit so they may hit you for another fee or higher tarif.
3) They will set up a CPA on your credit card. These can be a problem when it comes to cancelling.

lisyloo

It's cheapest to pay your gas/electricity bills by drect debit.
There are nomally discounts for this, so other methods are more expensive.

You cannot get cash at a supermarket til with a credit card, only a debit card.

Paying bills should not count as a cash advance, but it's often not the cheapest method for gas/electricity.

husemin

Hi, thanks you all for your help,

...yes I did want to set up direct debits for these on the credit card.

ok....so I can do the above for my TV license also my electric (which is direct debit but from current acount at the moment).

Thanks again.

H

lisyloo

...yes I did want to set up direct debits for these on the credit card.

NO NO NO
I'm shouting cos it's real important you understand the difference

A direct debit goes from your current account.
You have legal rights to stop these payments at ANY time and if take wrongly you can reverse them.
This doesn't stop you owing people money but you DO have control.
Utillity suppliers do especially cheap tariffs for direct debit and in general they are worthwhile discounts.

You can NOT do a direct debit from a credit card.
You can do something ca;lled a continous card authority.
I would advise you against this, because you have NO control and NO legal rights.
You need to get the retailer to stop the transactions if you ever want to cancel.
Guess what - some of them are not co-operative and continue to take payment and there is NOTHING you can do.
So DON'T do it.

Can you plese explain why you want to move things from current account to credit card.
I'm not being nosey but if we understand what you are trying to acheive then we might be able to help.
Are you trying to maximise cashback?
Do you have cash flow problems?

There are issues with what you are trying to in pretty much all the cases, so please let us know why you want to do this so we can advice accordingly.
But at the moment I would say stick to direct debit from current account and seek the best tarriffs for that.

husemin

Hi, thanks for that, I havenrt done anything yet, with what you said, I wont do that then.

I'm trying to make my life simple by having all payments come from one place, I spend on Cash Back CC and pay in full from Current account, but current account also has money coming out and just confuses me.

If I cant do anything about it then thats fine, I'll stay as I am.

My current account overdraft is maxed out when I pay off CC!

Thats good info above so thanks

H

lisyloo

If you want a smple life, don't make continnuous payemtns on your credit card.
That includes car insurance, home insurance and car nreakdown cover.
Many of these policies automatically renew, and many companies will "lose" your instruction to cancel especially if youdo it over the phone and have no proof.

What you coudl do is open up another account with your bank and perhaps put a lump sum in there each month for you household bills e.g. food, electric, gas, phone,water, tv licecne etc,

My husband and I have a joint household account and it's good because we put X amount in each month when we get our salaries and it means the hosuehodl bills are seperate from our personal spending.

You might want to split it another way, but there is nothing stopping you getting 2 or 3 accounts with your bank.

simongregson

TV license pay by cashback CC as you can do a one-off payment for no fee, you can't pay by CC in installments.

The rest, you will be charged more to pay by CC, even if it is possible, this will outweigh the cashback (e.g.virgin will charge about £5 per month).

Avoid setting up continuous card payments, as the previous poster said, very difficult to get out of.

zannie_2

lisyloo wrote: »

NO NO NO
I'm shouting cos it's real important you understand the difference

A direct debit goes from your current account.
You have legal rights to stop these payments at ANY time and if take wrongly you can reverse them.
This doesn't stop you owing people money but you DO have control.
Utillity suppliers do especially cheap tariffs for direct debit and in general they are worthwhile discounts.

You can NOT do a direct debit from a credit card.
You can do something ca;lled a continous card authority.
I would advise you against this, because you have NO control and NO legal rights.
You need to get the retailer to stop the transactions if you ever want to cancel.
Guess what - some of them are not co-operative and continue to take payment and there is NOTHING you can do.
So DON'T do it.

Can you plese explain why you want to move things from current account to credit card.
I'm not being nosey but if we understand what you are trying to acheive then we might be able to help.
Are you trying to maximise cashback?
Do you have cash flow problems?

There are issues with what you are trying to in pretty much all the cases, so please let us know why you want to do this so we can advice accordingly.
But at the moment I would say stick to direct debit from current account and seek the best tarriffs for that.

I agree I had a magazine subscription that I needed to cancel the card company - Halifax refused to stop it . I could not stop it cos I had moved house in a hurry and stuff was in store and I didn't have the details (that's why I needed to stop it) I closed the card and the woman told me that the payment would still be made. The stupid of this was that Halifax must have had the details to pay it but they would help at all. I agree be very careful about DD's on credit cards

CannyJock

husemin wrote: »

I'm trying to make my life simple by having all payments come from one place, I spend on Cash Back CC and pay in full from Current account, but current account also has money coming out and just confuses me.

My current account overdraft is maxed out when I pay off CC!

So you do have cashflow difficulties that you're trying to find a way around or am I misreading that?

For cashback cards to work you need to clear the balance in full each month. If doing this maxes out your overdraft then does the OD fees or interest not exceed the cashback you've earned?

If you need to buy yourself some time to get things in order, why not look at a 0% purchase card where you can get away with only making the minimum payment during the 0% promotion period. Use this for your normal spending and you'll be able to avoid using your overdraft while you work on how you can minimise your outgoings.