What's the best MasterCard for...

agrinnall

I certainly wouldn't cancel on the say so of someone who seems to have joined solely to rubbish a particular card. Given that the Santander 123 card is in the MSE Best Buy list I'd say carry on with it, but be careful to check how it's working once you have it (it is Santander after all).

http://www.moneysavingexpert.com/cards/cashback-credit-cards

simo1441

I actually wanted to say something about r.m too, after I read the previous comment he made on the AMEX card...

lytefantastic

I have both of these cards but got the latter more recently. The 123 only pays 1% on supermarket diesel, not the 3% headline rate they advertise. Cheapest fuel near me is Morrisons and I get a reward card payback too.

Fuel is my biggest regular expense so I feel that the Amazon card is likely to be the better payback.

Has anyone worked out the sums for this?

Thanks.

OllyM

lytefantastic wrote: »

I have both of these cards but got the latter more recently. The 123 only pays 1% on supermarket diesel, not the 3% headline rate they advertise. Cheapest fuel near me is Morrisons and I get a reward card payback too.

This is incorrect - it should pay 3% on supermarket fuel.

SuperHan

simo1441 wrote: »

Thanks for this!

I've already applied for one. What should I do now? I just call them and say I don't want it anymore?

I've had for 16 months, pay by DD and have paid zero interest. I also get 3% on all fuel, supermarket or otherwise

lytefantastic

Here's an extract from my online transactions:

CARD PAYMENT TO WM MORRISON PETROL,78.34 GBP, RATE 1.00/GBP ON 25-07-2013

So that's as clear as clear can be. You only get 1% when you get supermarket fuel. I read it somewhere in the small print on their website too. And who now expects banks to be open and straightforward anyway?

So my question still stands, am I better off using the Amazon card to get points towards a voucher?

OllyM

How is that proof?

jamesml

Looks to me more like an exchange rate! What does it say for other lines on your credit card statement?

guesswho2000

lytefantastic wrote: »

Here's an extract from my online transactions:

CARD PAYMENT TO WM MORRISON PETROL,78.34 GBP, RATE 1.00/GBP ON 25-07-2013

So that's as clear as clear can be. You only get 1% when you get supermarket fuel. I read it somewhere in the small print on their website too. And who now expects banks to be open and straightforward anyway?

So my question still stands, am I better off using the Amazon card to get points towards a voucher?

As james says, that is the exchange rate. I don't have a 123 credit card, but I have the 123 current account - card payments are all displayed this way.

Cashback is also displayed incredibly clearly at the end of the statement period, I assume the credit card is similar -

1 Direct Debit Payment for Water at 1,00% Cashback
1 Direct Debit Payment for Gas & Elect. at 2,00% Cashback
1 Direct Debit Payment for Council at 1,00% Cashback
3 Direct Debit Payments for Comms at 3,00% Cashback

Even if it was the rate of cashback, since the Amazon card offers 1% back in vouchers, you'd be no better, or worse, off.