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MSE News: Santander launches cashback current account

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Comments

  • katies_mum
    katies_mum Posts: 2,374 Forumite
    Part of the Furniture 1,000 Posts
    Just wondering if anyone has had any cash back yet for petrol on the 123card, we are pondering at the moment about changing our accounts over to 123 current accounts. I noticed on the cc site it says `some petrol stations operated by a supermarket may not fall within the petrol station catagory code and may only earn 1%` we usually fill up at Tesco and hubby uses a fair amount of petrol, it would be worth having this card at £3% for petrol but not sure if they use this clause to get out of it and only pay the majority 1% because they use a `supermarket petrol station`.
  • Scrounger
    Scrounger Posts: 1,096 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    katies_mum wrote: »
    Just wondering if anyone has had any cash back yet for petrol on the 123card...
    Yes, I buy my fuel at Tesco and the 123 card is repaying 3%. :beer:

    Scrounger
  • katies_mum
    katies_mum Posts: 2,374 Forumite
    Part of the Furniture 1,000 Posts
    Brilliant thanks, it had me worried for a minute... thought they were advertising it as 3% but might get away with 1% because of the `clause`.
  • Amme
    Amme Posts: 50 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Scrounger wrote: »
    Yes, I buy my fuel at Tesco and the 123 card is repaying 3%. :beer:

    Scrounger

    Hi,
    Just wondered how long it was from applying to when you got your credit card, I've had current account stuff through but nothing on the credit card?

    Thanks
  • Scrounger
    Scrounger Posts: 1,096 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Very quickly - about two weeks from application to receiving card & pin.

    Scrounger
  • ecoelle
    ecoelle Posts: 1,585 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 15 March 2012 at 10:30PM
    This is useful link to see if your usual shops are included in the cash back on the cc. Just highlight the type of cashback, either supermarket, department store or petrol, or all 3, then type in the suburb, town or city you live and hit enter. I was surprised that some stores i expected to be included, like Aldi, were not, but some stores, like a local independent health food store, were. Worth checking before you shop to make the most of the cashback on offer:)

    http://www.santander-products.co.uk/credit_cards/cashback_search/home/search.html?store=E.g+Tesco+General+Store&location=E.g.+Bristol&x=43&y=15
  • doug63
    doug63 Posts: 13 Forumite
    Latest on Topcashback today: "The 123 Current Account is open to new and existing Santander customers aged 18 and above (must be UK resident). TopCashBack Cashback is only available to NEW customers." It is as I suspected, unfortunately. So, to do this through Topcashback and get the cashback you have to open a new account and go through all the transfer process, get a new account number, debit card etc....
  • doug63
    doug63 Posts: 13 Forumite
    ecoelle wrote: »
    This is useful link to see if your usual shops are included in the cash back on the cc. Just highlight the type of cashback, either supermarket, department store or petrol, or all 3, then type in the suburb, town or city you live and hit enter. I was surprised that some stores i expected to be included, like Aldi, were not, but some stores, like a local independent health food store, were. Worth checking before you shop to make the most of the cashback on offer:)


    Aldi do not accept Credit Cards, nor do Lidl. Expect this is why Aldi is not on the list.
  • doug63
    doug63 Posts: 13 Forumite
    I would say that it's for new accounts, for new and existing customers.
    Don't know, though.


    Topcashback have updated their website to say this cashback is available to NEW customers only. :(
  • I share with 3 other young professionals and I already have a second bank account with HSBC that I use for paying all our bills & council tax.

    Going to open an account here and use this for the bills intead. Worked out it will pay me back £40 a year after the fee. Not much, but might as well!! :-)

    Now the dilemma is, do I tell my housemates what I'm doing and share the cashback with them, or do I just keep it all for myself as my fee for handling all our bills? :A
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