Rpoints - Paypal or BACS?

Lugh_Chronain

Can you please tell me which way is the best to Redeem Rpoints, Paypal or BACS? I’m not sure but I thought Paypal offer a free service if you choose a personal account. And banks do charge for BACS don’t they?

mistythyme

No banks dont charge for Bacs paid into your account (things like wages are normally paid in by BACS) - just check that rpoints dont put an admin charge on (dont think they do as I am sure I took my last payout as BACS)

Lugh_Chronain

So do you prefer BACS over Paypal? I will email them re admin charges.

Thanks mistythyme

danmed

Bacs is free paypal will charge you.
Rpoints charge you nothing either way.

Lugh_Chronain

Thanks danmed I think you have answered my query. Appoligies to you both, I can't click the Thanks button from the computer I am using, it want allow me for some reason.

*!*HIBS*!*

With Paypal you get charged a fee for amounts under £50 for personal accounts. Anything over is free.

Lugh_Chronain

I just redeemed my points via BACS. I received an email back from Rpoints about 5.20pm today and they say they don't charge an admin fee for this service.

Thanks very much everyone for helping me with my enquiry. :beer:

amf

I recall reading about a nominal 5p fee from Quidco to cover the cost of BACS transfers when they introduced this payment method. The 5p was deducted from my payment via BACS last month.

Such a small fee is reasonable IMHO and obviously less than the Paypal fee.

Belles

When does the paypal charge kick in?

I've had a few quidco payments to paypal, but with no charge (or not one that they actually told me about!. I don't normally take the money out though, I just leave it there to fund things I buy (I use it as a bit of a slush fund! lol!)

Lugh_Chronain

Belles, try emailing them. I don't know what quidco are like for responding to emails however I do know that rpoints respond rather fast so maybe worth a shot. Quidco do tend to reward you more than rpoints so I guess 5p or whatever should be no great loss.