Best Cashback Cards Article Discussion Area

neenee2

Hi All
I want to pay for my flight tickets. if i pay by Credit card i have to pay arround £40 extra that is 2.5% of total amount to pay and if i pay by debit card there is no charge on top. is there any sort of benefit i can get by paying credit card mean any kind of insurance that comes automatically if you pay for scheduled flights by C.Card or is it worth paying £40 extra for those benefit. any comments welcome

jinkssick

as martin said.

[FONT=Arial, Helvetica, sans-serif] so buy anything costing over £100, providing some of it's paid on the card, the card company is equally liable with the retailer if things go wrong, section 75

[/FONT][FONT=Arial, Helvetica, sans-serif]plus youll get cashback on the purchase too. just call up a day later to pay the credit card cashback card with the money from your debit. an instant win. you gotta see if the 40 pounds is as less than the cashback earned, if your gonna make 5 pounds cashback and 40 then you might as well pay by debit card.
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jinkssick

$am1965 wrote: »

2% cashback on supermarket and petrol spend (up to £15 per month)
0.5% cashback on all other spending

so does this mean £1500 worth of shopping a month or a ridiculous £15 spend in a supermarket a month?

wouldnt it be better sticking with Egg. 1% on everythinggg.

lisyloo

so does this mean £1500 worth of shopping a month or a ridiculous £15 spend in a supermarket a month?

I think you'll find that's £750 at 2%.

dunnomate

I'm just pleased I'm still using my GE money card at 3% !!!

RayC

georgecopeman wrote: »

The Morgan Stanley Platinum card was mentioned a while back while they were tripling the cashback rates for the first three months.

But they seem to have had system failures which still continue. I strongly advise anyone who has had a MS Platinum card to check the calculations very carefully.

Last October I got one with triple cashback to 1 February. Their calculations were always wrong, mostly they failed to allow for the tripling.

When I complained they agreed my figures – £26 owing – and a month ago promised to send me a cheque for this sum “shortly”, but I’m still waiting.
...
The problem seems to have been around for so long that you wonder whether it’s not being corrected at all!

The calculations are not difficult: add up all spending in the promotion period (Note: it’s the date of spending, not the date the MS statement is printed off). The first £2000 earns 3% = £60, the rest earns 1.5%. Spending after the promotion period only earns 0.5% so it’s time to ditch the card for a better one such as Capital One or Egg, but only after spending enough on MS to get the total cashback up to a multiple of £15 so it can be claimed without loss.

I am having exactly the same problem. I started a new MS card at the beginning of last December, but I only had the triple cashback for the first month, not for the next two (up to £2k). I have phoned every single month since February, and they keep on saying there is a systems problem, but it will be fixed in the next two weeks and be corrected on my next statement...Has anyone got this solved yet? How do we escalate?

OldDIYer

Goodbye 3% on Food & Fuel - the GE card is being discontinued from 14 November 2007. I received a letter from them dated 13 August today.

vza69

Yeh I got this too this morning... what do you think the best replacement is if my main expense is petrol and supermarket shopping

RoCas

trevbrierley wrote: »

Goodbye 3% on Food & Fuel - the GE card is being discontinued from 14 November 2007. I received a letter from them dated 13 August today.

Oh bum !!! Got my letter from them today too :-( Oh well, it was great while it lasted.

Nick_C

Can't see anywhere better to post this, but I just wanted to recommend the Halifax moneyback DEBIT card. If you open a Halifax Moneyback Current account and fund it with £1000 a month, they give you a money back debit card. 1% back on spending up to £10K (£100) per annum.

Obviously not as good as a CC as no interest free period or S75 protection, but still a good deal. No interest on this account (0.1%) but I regularly switch my day to day funds between this and Halifax Web Saver which pays 5.3%. (And authorised overdrafts are only 0.56% per month - 6.9% AER)