We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Aqua Credit Card question, what exactly is the monthly limit?

Hi,

I was wondering if I have a £250 limit on my aqua card and I'm £100 in credit, by spending £300 in a month, do I break one of the terms for the cashback?

Is the cashback only paid if you spend less than £250 a month or can you spend £500 in a month if you were £250 in credit as well.

Am a bit confused about it.

Thanks for all help.

Comments

  • bengalknights
    bengalknights Posts: 5,022 Forumite
    Part of the Furniture 1,000 Posts
    You could possibly be breaking a in credit account t and c however the cashback should be paid on all purchases
  • dtaylor84
    dtaylor84 Posts: 648 Forumite
    Part of the Furniture Combo Breaker
    You can spend as much as you want, as long as your balance never exceeds your credit limit.

    You're not supposed to deliberately put your account in credit, but as they don't adjust the DD amount for any extra payments made after the statement, it can happen.
  • Gromitt
    Gromitt Posts: 5,063 Forumite
    I have a £500 limit and spent in excess of £1000 some months, it just requires a mid-month payment to ensure you keep the card under the limit.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.