Egg Money Cashback Gambling Sites

stphnstevey

Do you get cashback for making deposits on gambling sites?

CLAPTON

gambling usually counts as a cash withdrawal

stphnstevey

Tried one transaction and haven't had a charge for cash withdrawal?

Haven't had cashback either, but only done this month and might not show on monthly statement yet?

johnmoney05

I remember Egg money does take gambling deposit as cash withdrawal. Beware.

M_Thomson

stphnstevey wrote: »

Tried one transaction and haven't had a charge for cash withdrawal?

Haven't had cashback either, but only done this month and might not show on monthly statement yet?

I reckon the interest and the gambling handling fee will be added onto your next statement.

YorkshireBoy

M_Thomson wrote: »

I reckon the interest and the gambling handling fee will be added onto your next statement.

Even if OP is spending from a positive balance? (I know Egg doesn't differentiate between +ve and -ve balances in the T&C's but surely you can spend your own money without incurring gambling transaction fees?)

Chadsman

Egg used to treat transactions at bookies exactly the same as purchases at any other retailer so they did earn cashback but since September (???) last year they have treated them as cash transactions so if you are not spending your own money you will get charged.

I use a Skycard for bookie transactions as for every £250 of spending on the card (including at bookies) I get £5 worth of free bets at Skybet
An effective rate of return of 2% before even taking into account the arbing :j
I usually get around £350+ in free bets per month courtsey of that nice Mr Murdoch.

stphnstevey

Now reading Skycard post with much interest!

I guess Halifax cashback debit card might also be useful for this?

ohit

Chadsman wrote: »

I use a Skycard for bookie transactions as for every £250 of spending on the card (including at bookies) I get £5 worth of free bets at Skybet
An effective rate of return of 2% before even taking into account the arbing :j
I usually get around £350+ in free bets per month courtsey of that nice Mr Murdoch.

What kind of bets do you do now? All arbs?
When I had the time a couple of years back, I was very much into extracting all the free bets cash.