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Cashback Cards

DermotFlanigan
Posts: 154 Forumite

in Credit cards
I didn't even know these existed until I started using this site. Would I qualify to get one?
I only have a Vanquis Card atm used to build up credit. I dont have much credit history but have never missed a payment. Currently earning 10k a year alongside a course.
I spend approx £200 a month on fuel / food. 60 / 40.
What casbacj credit card am I likely to be accepted for with decent rates? And how much am I likely to earn off one?
I only have a Vanquis Card atm used to build up credit. I dont have much credit history but have never missed a payment. Currently earning 10k a year alongside a course.
I spend approx £200 a month on fuel / food. 60 / 40.
What casbacj credit card am I likely to be accepted for with decent rates? And how much am I likely to earn off one?
0
Comments
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Cashback and reward cards are saved for people who have a long credit history and a near perfect credit file. Dependant on how long you have had your Vanquis, I would move onto a more mainstream card before applying for the above.0
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They're only worth it if your paying the account off in full every month. Otherwise any interest charged makes the cashback irrelevant. I've made several hundred pounds out of these over the years so they are worth it , but only if you're not using the card for credit/borrowing.0
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