Credit Card Freebies Article Discussion Area

mushyg99

hi can someone tell me the absolute best card for CASHBACK or AIR MILES

American express seems to be good at 5% but alot are complaining about therir terminoligies etc

whats best advice

ardandy

Regarding the shell offer:

"Cash Back based on a minimum Shell pump price of £1.00 per litre"

&

"Your earned Shell Cash Back on all spend as shown on your statement will only be redeemable against the value of future Shell fuel purchases in Great Britain."

So at the moment its only for diesel. Even then the 6p/3p cashback is only when you buy more fuel, not actual cash.

poker_face

sdf368 wrote: »

This is the only thing I like about credit cards.. Freebies.. Other than that.. nah..

and the money... and the extra protection when buying... but not the interest, boooo to interest :cool:

LongTermLurker

sdf368 wrote: »

This is the only thing I like about credit cards.. Freebies.. Other than that.. nah..

What about the cashback, or the 0% interest for up to 15 months (which can then be put to good use in a bank account of your choice), or the ability to go on holiday without paying conversion fees, or the ability to buy whatever you need through the month and just have a single bill at month end, or the safety of not having to carry £500 in cash to cover a week's petrol and hotel bills (travelling workers only), or simply not having to pay out real cash on behalf of your company - making you fund your boss and losing you interest (ie expense claims)?

There's a lot more to credit cards than a couple of free CDs.

(I also acknowledge poker_face's statement about protection)

borntoshop96

Interesting article, as I am looking for a new credit card - Are citibank cards safer?

please reply..

thanks..

stphnstevey

ardandy wrote: »

Regarding the shell offer:

"Cash Back based on a minimum Shell pump price of £1.00 per litre"

&

"Your earned Shell Cash Back on all spend as shown on your statement will only be redeemable against the value of future Shell fuel purchases in Great Britain."

So at the moment its only for diesel. Even then the 6p/3p cashback is only when you buy more fuel, not actual cash.

Only says the calculation it quotes (ie 6p off a litre) is based on a minimum Shell pump price of £1.00 per litre (ie 6%)

- can't see it says that the pump price has to be over £1 to get cashback - I have been getting cashback on 90p a litre.

LongTermLurker

lqyromeo wrote: »

Since i have got a Credit card, the consumer bills every month is an half of my salary, so i found that credit card is no benefit to saving and manage money.

Well, either you're being tempted by the ease of spending on things you don't need to (in which case stop it) or you would be paying half your salary day by day, week by week, throughout the month, in which case it doesn't make a blind bit of difference; £200 per week cash or an £800 credit card bill once a month is the same, n'est pas?

Would between 1% and 5% of your annual essential spend as cashback be worth putting in your pocket/spending over the bar/buying new clothes with?

LongTermLurker

borntoshop96 wrote: »

Interesting article, as I am looking for a new credit card - Are citibank cards safer?

please reply..

thanks..

There are rumours flying round at the moment about Citi, but then again, that would apply to most banks at the moment :rolleyes:

As a borrower, their credit rating isn't overly important to you, apart from the risk that they might transfer your debt to someone less favourable if they went under. I guess the only big risk would be if they demanded immediate payment and you wanted to use the card for long term credit. Personally, I would always recommend against using cards for that and would always advocate using them as a monthly bill-amalgamation tool.

Rich_Richmond

Hi there,

Nice article. even i am looking for a Amex Card, what do you guys say about it, will it be a good choice?

Regards

LongTermLurker

Rich_Richmond wrote: »

Hi there,

Nice article. even i am looking for a Amex Card, what do you guys say about it, will it be a good choice?

Regards

The cashback is good but acceptance is lower than Mastercard or Visa. Generally you'll find that all supermarkets, hotel chains, most large petrol stations and most large shops/chains should take it, but you can never get by with just an AMEX, you always need another card for the smaller retailers or online shops that don't take it. I've never had problems with amex, apart from they keep phoning to flog me insurance :mad: