Supermarket cards Vs Cashback cards

rcman

We spend £400 a month (4,800 a year) on supermarket shopping - between asda and tesco.

I would like to get a credit card for this spend - set up to repay the full balance each month. Can someone advise me - Does it work out better to go for the supermarket's own "Reward scheme" credit card?

Or a cashback card such as Amex? (or, at 4,800 a year, is there a better one than Amex?)

thanks!

aliasojo

I'm not sure about the cashback angle with other credit cards, but if you use a Tesco credit card to pay for your shopping you also get bonus points on top of your normal shopping points. This makes a big difference to your points level.

I used to just pay for everything with cash until I realised I was missing out on loads of extra points, so now I keep my cash and use my Tesco card for absolutely everything.. petrol, food shopping, dentist, paying council tax etc and just clear it at the end of the month. I usually get around £40/£50 of vouchers in each mailing.

Don't forget you can also use these vouchers in the 'deals' scheme which means they are worth 4 times the face value.

Someone on here a while back paid for a great holiday with his vouchers.

Reaper

The Asda card is nothing special. I don't think it gives you any extra benefits for shopping there. I just use my normal cash back card instead.

nearlyrich

I can second Aliasjo regarding the Tesco Card, I use mine for all my work expenses, hotels, petrol etc and for the weekly shop, holidays whatever.. I also gained over £200 in 2004. I usually spend them on extras for Christmas but forgot to take them so now having a cheap January and February. Still get the points for next time too. I think there was an article on the main site regarding which cards offered best value and Tesco came out on top. They are currently offering 0% on BT & purchases for new customers which may help to make up your mind.;)

student100

Have a look at Martin's article comparing credit card rewards

nearlyrich

student100 wrote:

Have a look at Martin's article comparing credit card rewards

That was the article I was referring to, thanks for the link:)

rcman

Thanks for your help on this. Just learned that Tesco might be offering 0 percent on purchases, too. Might put my shopping money in an ISA each month until the 0 percent deal ends.


Thanks again