Best Way To Spend Around 6k ?

anuvidy

I'm moving house and think that my initial purchases (cookers, flooring, fridge freezer etc) will come to around 6k. I have the cash but wondered if there was a )% interest or cashback card I should be considering ?

dazza.mk

The ideal would be £2000 on American Express Platinum if you're spending it all i a short period as its 5% for first 3 month capped at £100), the rest on a 1% card such as Capital One or Egg Money....

That's assuming that the places you want to spend at take Amex and you want to apply for 2 cards of course!

CLAPTON

also consider using cash back sites like www.quidco.co.uk

Any

Agree with Dazza...
However I would also add that it depends whether you have the credit history to be accepted for them too..

OR

You can apply for a card with long 0% period on purchases and stick the £6k into a savings account (that will be less then the 5% then the Amex cashback, but more then the 1% on Egg money with current saving rates) and stick the purcases on the card.

The plus of doing it this way is that you will have cash ready in case of emergency. And possibly manage to pay off some of the balance over the 0% term via minimum payments so you will have little cash left over after you've repaid the balance..

izools

Absolutely Quidco.com is a goldmine if used to sign up for all your insurance, utilities, mobile phone, and the such like.

I've earned around #700.00 via quidco in the last 18 months

ironlady2022

izools wrote: »

Absolutely Quidco.com is a goldmine if used to sign up for all your insurance, utilities, mobile phone, and the such like.

I've earned around #700.00 via quidco in the last 18 months

Wow that is like a month's wage well done!! I'm always on quidco too, save £250 in 12 months

anuvidy

For taking the time to reply. I can't seem to reply unless I quote.

ironlady2022

anuvidy

Scroll right down to bottom and you can use 'quick reply' without quoting.

elvis86

I see a lot about Quidco and the like. Are they a load of hassle or is it quite straightforward?

Any

elvis86 wrote: »

I see a lot about Quidco and the like. Are they a load of hassle or is it quite straightforward?

Depends what you expect from it... it's not always 100% straight forward, but if you look at it as a bonus you will be happy.

Basically you sign up with them and then each time you shop you just click on the shop through Quidco...

Then it takes few months to pay out. So you just sit and wait.

Don't buy anything that you are relying on getting cashback on top of it, count it just as a bonus and you won't be dissapointed.

(Quidco relies on first being paid from the supplier so sometimes there are disputes when unreliable supplier takes forever to pay or refuses to pay all together - but these are mainly on insurances. I never buy insurance just for cashback so I was never unhappy. I just do my general shopping through them which I would have done anyway.)

elvis86

Any wrote: »

Depends what you expect from it... it's not always 100% straight forward, but if you look at it as a bonus you will be happy.

Basically you sign up with them and then each time you shop you just click on the shop through Quidco...

Then it takes few months to pay out. So you just sit and wait.

Don't buy anything that you are relying on getting cashback on top of it, count it just as a bonus and you won't be dissapointed.

(Quidco relies on first being paid from the supplier so sometimes there are disputes when unreliable supplier takes forever to pay or refuses to pay all together - but these are mainly on insurances. I never buy insurance just for cashback so I was never unhappy. I just do my general shopping through them which I would have done anyway.)

Thanks for that, I'll have a look into it. I'm on such a strict debt-repaying/saving for holidays regime at the moment though, I don't really anticipate buying anything!:D