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5% cashback card

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there is a new cashback credit card on the market which offers 5% cashback on your purchases for the first three months and thereafter up to 1.25% cashabck depending on the amount of money you spend....however, you shouldnt use it for cash withdrawals as this is a paid service...good way to save some money, isnt it? :o

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  • Wywth
    Wywth Posts: 5,079 Forumite
    melg123 wrote: »
    there is a new cashback credit card on the market which offers 5% cashback on your purchases for the first three months and thereafter up to 1.25% cashabck depending on the amount of money you spend....however, you shouldnt use it for cash withdrawals as this is a paid service...good way to save some money, isnt it? :o

    Yes, I think that was mentioned in last week's email from Martin
    (the one on 30th May)

    Sign up to his weekly email and you'll be one of the first to hear of lots more good ways to save money :)
  • ahxcjb
    ahxcjb Posts: 209 Forumite
    melg123 wrote: »
    there is a new cashback credit card on the market which offers 5% cashback on your purchases for the first three months and thereafter up to 1.25% cashabck depending on the amount of money you spend....however, you shouldnt use it for cash withdrawals as this is a paid service...good way to save some money, isnt it? :o

    If you have the credit rating to obtain an AMEX, yes, it is a sound financial product to take out.
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    I wouldn't say Capital One's 5% cashback card is particularly new either, considering it was available last year.
  • Stereo
    Stereo Posts: 73 Forumite
    Capital One were issuing their World Mastercard back when I used to work for them, and that was some 5-6 years ago!
    Capital One Classic Extra £2,450 [06-2012]
    Barclaycard Platinum £5,200 [08-2015]
    Lloyds Bank Platinum £750 [11-2015]

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