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Supermarket cards Vs Cashback cards

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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!
Mr Lewis saved my life.

Comments

  • aliasojo
    aliasojo Posts: 23,053 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    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.
    Herman - MP for all! :)
  • Reaper
    Reaper Posts: 7,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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
    nearlyrich Posts: 13,698 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Hung up my suit!
    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.;)
    Free impartial debt advice from: National Debtline or Stepchange[/CENTER]
  • student100
    student100 Posts: 1,059 Forumite
    1,000 Posts Combo Breaker
    student100 hasn't been a student since 2007...
  • nearlyrich
    nearlyrich Posts: 13,698 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Hung up my suit!
    student100 wrote:

    That was the article I was referring to, thanks for the link:)
    Free impartial debt advice from: National Debtline or Stepchange[/CENTER]
  • rcman
    rcman Posts: 32 Forumite
    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
    Mr Lewis saved my life.
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