'New' Aqua reward card - 0.5% cashback up to £100 p.a.

Roger1

As the 3% card is now dead, it's worth pointing out that the 0.5% card is available.

http://www.aquacard.co.uk/credit-cards - click on aqua Reward

Having initially declined the offer to convert the 3% card to a 0.5% card, I applied for the new card and have a limit 60% higher than on the old card - £1,600 rather than £1,000.

In itself not good enough for general use but great when travelling outside the UK. I can earn up to £100 p.a. on purchases up to £20,000 p.a. so it's a no-brainer, especially as (in my mind at least), it goes towards the fee for my AmEx PRG card.

greenorange

You're better off with CapitalOne. Same card, but they give you £10 a year for the privilege.

Aquamania

Roger1 wrote: »

As the 3% card is now dead, it's worth pointing out that the 0.5% card is available.

http://www.aquacard.co.uk/credit-cards - click on aqua Reward

Having initially declined the offer to convert the 3% card to a 0.5% card, I applied for the new card and have a limit 60% higher than on the old card - £1,600 rather than £1,000.

In itself not good enough for general use but great when travelling outside the UK. I can earn up to £100 p.a. on purchases up to £2,000 p.a. so it's a no-brainer, especially as (in my mind at least), it goes towards the fee for my AmEx PRG card.

I'm sorry, but £2k annual spend will only earn you a measly tenner

You need to spend a whopping £20,000 per year to get the £100 cashback

Roger1

Aaargh! Thanks.

Don't be sorry, it's better than I thought. But managing up to £20k spend with this limit could be a challenge.

The_Boss

Roger1 wrote: »

As the 3% card is now dead, it's worth pointing out that the 0.5% card is available.

http://www.aquacard.co.uk/credit-cards - click on aqua Reward

Having initially declined the offer to convert the 3% card to a 0.5% card, I applied for the new card and have a limit 60% higher than on the old card - £1,600 rather than £1,000.

In itself not good enough for general use but great when travelling outside the UK. I can earn up to £100 p.a. on purchases up to £20,000 p.a. so it's a no-brainer, especially as (in my mind at least), it goes towards the fee for my AmEx PRG card.

The reason for the higher credit limit could be due to them having 'n' months of data showing you were a responsible borrower based on how you used your old Aqua card rather than because they didn't want to provide a higher limit when the cashback was 3%

countingstars

greenorange wrote: »

You're better off with CapitalOne. Same card, but they give you £10 a year for the privilege.

Yup. Got this card for the free use abroad and as well as getting the 0.5% cashback, they give you £10 each year. Had this card for a few months and so far, they've been pleasant to deal with and the card came super fast. They also gave me a starting limit of £1200.

k0y

Does anyone know if I can convert my existing Aqua card (advance I think) to the reward one? Or will I have to close and re-open?