NSPCC CARD (What do they get?)

dfarry

I'm not sure about the stoozability of the NSPCC Mastercard but considering it offers 0% on BT's and purchases it's ideal for a general use credit card, that I want it for....

http://www.nspcc.org.uk/html/Home/Donating/donating.htm

However I was reading through all the benefits...thinking...yeah great.... nice.... that will be useful.... then thought, what do the NSPCC get?

Presumably they get paid what I suppose is a referral fee by I believe RBS?

Anyway I've gone for the card... if I can help the NSPCC in some small way by applying then thats great...

Reaper

Have a read of Martin's article.

In short the charity doesn't get much.

EDIT: I just had a look at the link you supplied and all the info is there:

* Make a £10.00 payment to NSPCC the first time the card is used
* Give an ongoing payment of 30p for every £100 you spend on the card
* Give a further £2.00 for each additional year the card is still in use

dfarry

Ah indeed dunno how I missed that... but by all accounts I like the fact that RBS are adding a bit extra... presumably the fee's they charge to retailers covers this (I'm sooooo cynical)

The full details:-

Carrying an NSPCC MasterCard helps build a safer society for all our children.

By carrying the card, you are helping to fund essential projects like the free 24-hour helpline and a nationwide network of child protection centres.

Just through your everyday spending, you will help us create a society in which children are loved, valued and able to fulfil their potential.

And the card works at no extra cost to you. When you become an NSPCC Platinum MasterCard Cardholder, Bank of Scotland will:

* Make a £10.00 payment to NSPCC the first time the card is used
* Give an ongoing payment of 30p for every £100 you spend on the card
* Give a further £2.00 for each additional year the card is still in use

dfarry

Just read Martins article.... so if I understand correctly...

If someone was planning to get a Charity card specifically for benefitting the charity then there are much better ways to do this....for example gift aid, using tax benefits...etc...

However, in my case I will keep the card.... use the available balance to the max, definately on purchases...maybe also on BT's and then close the card after 9 months. In the meantime RBS will be making donations (not myself)... I can't see how this would affect my credit score though.... unless I didn't pay my monthly balance.

I'll carefully read the terms when they come through.

Reaper

Martin's point was that you could get a cashback card which gives you back 0.5% - 1% and then give that to the charity yourself. Instead the NSPCC card does this themselves but they only get back 0.3%.

The £10 initial fee is generous, but you could also do a DIY version of that. Join RPoints and you can get cash back for taking out credit cards which you could then also give to charity yourself. Here is a list (note 1 point = 1p).

Having explained Martin's point of view I'll now disagree with it! I don't think most people would make the effort to do all that. If they were taking out a card specificly for that purpose then maybe, but for people like yourself who want a card and just see a fringe benefit of giving to charity then I think it's a good idea. At least the charity gets something whereas they don't get anything from the vast majority of credit card users.

dfarry

Yup thats exactly right mate!