Best Cashback Cards Article Discussion Area

eagle

Looks like we have a new cashback offer on the Platinum (credit) card from American Express. See this post.

JohnG

lisyloo wrote: »

Well done for getting that sorted, however you can make purchases without your PIN.
Anything you buy over the phone or internet does not need a PIN.
I spent over £3K on a holiday, car insurance, house insurance etc. without needing a PIN.
A lot of people seem to be under the impression that the card is useless wihtout a PIN which simply isn't true, only if you refuse to use the internet or phone.

I was aware there was going to be a delay before the PIN was available especially with the Postal strike at the time but was able to compensate slightly by making phone orders for a couple of things plus a helpful vendor allowed me to sign instead of using a PIN (They can do it but the onus is on them if the payment fails - they know and trust me I'm pleased to confirm :A )

Re setting up a Direct debit - We did this and recently rcvd their letter confirming everything, suggesting we check the details etc. Upon checking it I noticed two errors in the name for our bank account so obviously I called and advised the people of the error.

I couldn't help but ask if this was a deliberate ploy to cause a default on dd payments as it was such a glaring mistake if they were to compare my name on my address etc. The chap wasn't offended but instead explained it must hv been because there wouldnt hv been enough spaces on the operators screen to enter the full a/c name? :rolleyes: I doubt that can be right as I'm sure there are far longer names than mine, besides a letter was duplicated in the middle of my name.

Anyway, the point is, it's vital to check the d/d information they supply as I suspect they are unlikely to sympathise if it's found to be wrong later when payment is due.

Xstyle

I am looking to apply for a new card as by next month I will have maxxed out the Egg's £200 cashback for the year... and then would need to wait til March to get paid it... so would need to use another card for 3 months anyway.

However I am not in the habit of applying for loads of cards...
The Morgan Stanley Paltinum is closing with a balance of £12-ish cashback unclaimed, as its not worth spending that extra £600 to get the £3 cashback @ 0.5% to make the £15 floor limit before they pay out.

Capital One... 4% cashback for 3 months, then 1% thereafter ... with no limit to the cashback.

Sounds really good!!! Some questions please, if I may:
Q1: Is the cashback paid annually, like Egg?
Q2: Is there a floor limit you need to reach before the cashback is paid, like Morgan Stanley Platinum?

vs

American Express Platinum, 5% cashback, upto spend of £4k = £200 cashback, then tiered: £3.5k = 0.5%, £3.5k-£10k = 1%, £10k+ = 1.5%

Q1: is it worth using this card after the 5% cashback is up?? (I will max the £4k in 3 months!)


I need to decide which card to go for.... Over the 3 months AMEX is potentially £40 better off with cashback.
Long term... I am not sure... Capital One??

kirsty99

Apologies if this has already been asked but I can't see the answer anywhere... I have a Morgan Stanley platinum card, and have done for a number of yrs. Every month my statement shows how much cash back I have earnt. However since I last redeemed some in Aug, my statements since then have shown zero for cashback total and cashback earnt. Has it changed since becoming Goldfish Bank?

buchanan17

My local Shell garage is apparently NOT a Shell garage according to Shell so only gets 2% cashback not the 6% it should (for the first two months!)

Says Shell on the garage, to me, thicko driver, I am filling my car up with Shell petrol, therefore, it is a Shell garage. Hell, it ain't a BP garage, or are they selling fake petrol?

Xstyle

Xstyle wrote: »

Capital One... 4% cashback for 3 months, then 1% thereafter ... with no limit to the cashback.

Sounds really good!!! Some questions please, if I may:
Q1: Is the cashback paid annually, like Egg?
Q2: Is there a floor limit you need to reach before the cashback is paid, like Morgan Stanley Platinum?

vs

American Express Platinum, 5% cashback, upto spend of £4k = £200 cashback, then tiered: £3.5k = 0.5%, £3.5k-£10k = 1%, £10k+ = 1.5%

Q1: is it worth using this card after the 5% cashback is up?? (I will max the £4k in 3 months!)


I need to decide which card to go for.... Over the 3 months AMEX is potentially £40 better off with cashback.
Long term... I am not sure... Capital One??

I think I'll answer my own question and opt for the Capital One ...
as it has no limit to the cashback, and the AMEX is not accepted everywhere...

mal79

I was considering getting the Capital One card, however reading the scoring criteria, I would be refused - I have not had a credit card before.

So wanting to get on to the credit card ladder and at the same time get a decent product, what would the the cards I should be looking at?

Incidently my bank (Halifax) keep offering a gauranteed acceptance of one of their cards, but I am sure it must be a poor deal...

eagle

Xstyle wrote: »

I think I'll answer my own question and opt for the Capital One ...
as it has no limit to the cashback, and the AMEX is not accepted everywhere...

True, but I would consider other things that might not be obvious at first glance with respect to Amex:

- They have an excellent travel service that is as cheap (if not cheaper) than say, Expedia to use;
- They have the American Express Selects, a collection of special offers only available to Amex customers - see their website. These are quite wide-ranging and often quite good; and
- Their decision criteria isn't half as bad as CapitalOne!

speedtwin

I applied for the capital one cash back card and got turned down (i have swopped to quite a few cards last 2 years so wasnt supprised) so i applied in my wifes name but not putting my name down as a extra card holder (yet) and saying i wanted the card insurance thinking i would cancel it at later date. Got agreeded, wife signed form but did didnt sign the insurance bit cos card was already agreeded. Got letter today now saying "if your application is sucessfull"

So it seems you have more chance of getting one if applied by person with the highest credit rating and have payment protection insurance.

Get the card first then add second card holder and then cancel insurance.

booklover

Sorry I haven't time to read this whole thread atm but I would really appreciate a little bit of advice/guidance.

I currently have a Halifax cc which is always paid paid off in full each month. I am a little concerned though as over the previous 12 months we have spent 24k on our Halifax Credit Card but have only received £35 cash back!!

Any advice which one would be better for us to use.

Many thanks in advance.

Fiona