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Cash back on credit card
Fubsie
Posts: 1 Newbie
in Credit cards
This iS a what if situation and hopefully will never happen.
I have quite a lot of cashback on a Thomas Cook credit card.
If the company goes into administration how does that affect cash back as it can only be used on Tc holidays etc ?
I have quite a lot of cashback on a Thomas Cook credit card.
If the company goes into administration how does that affect cash back as it can only be used on Tc holidays etc ?
0
Comments
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If the company goes into administration that implies it's still trading so you would be able to use it.0
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If they go bust, you're doomed.
If they go in to administration and / or get taken over, the T&Cs of the scheme remain open.
Those T&Cs can almost certainly be varied though. Forcing you to spend sooner. Or, if it's a points scheme, changing the value of each point.0
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