amazon credit card closing down

plunt

Don't forget the Lloyd's choice comes with 13 months 0% purchases . so nice little stoozing!

gwapenut

SavingFish wrote: »

Tesco - Only 0.25% if points used as is. More likely you can double these. In some cases you can even quadruple your points (equivalent to 1%), but often only at places you can find offers for anyway (e.g. nobody should ever pay full price for theme park tickets).

Good post, glad you're realistic about the value of Tesco points. Spot on. I reckon they're worth about 3x value the way I use them (pub / restaurant chains where I would otherwise use 25% off vouchers instead of BOGOFs).

It does my head in when people say "I got a kindle for free from Tesco Direct using double up". No, it's not free, it cost at least 25% and for some as much as 75% of purchase price in terms of lost point spending opportunities!

It is possible to get full 4x value from Tesco points, I have done (£200 on a SafeStore price matching cheapest quote in the area), but only in niche opportunities or some restaurant meals on peak weekend nights as far as I can see.

gwapenut

plunt wrote: »

Don't forget the Lloyd's choice comes with 13 months 0% purchases . so nice little stoozing!

Good point, that should be worth at least 1% net for the first few purchases. Beware though, the high Amex cashback is only for a shor time (first 6 months?)

I'd use for 6 months then let the stooze roll then ditch.

SavingFish

gwapenut wrote: »

Good point, that should be worth at least 1% net for the first few purchases. Beware though, the high Amex cashback is only for a shor time (first 6 months?)

I'd use for 6 months then let the stooze roll then ditch.

By my calculations, if taking straight cashback the Lloyds Amex works out at 2% for the first six months, dropping to 1% thereafter.

If taken as vouchers it works out slightly higher, 3% dropping to 1.5%.

So if you're happy to take vouchers (likely on a thread about the old Amazon card) it seems to be one of the best rates on the market.

Downsides: Amex, yearly fee, and I'd be more worried about the rewards being reduced with no warning than a straight cashback card.

plunt

worth also remembering that lloyds offers their "Everyday offers", though cant always been relied upon. Halifax do the same offer and between them I have been offered the following retailers

• Patisserie Valerie
• Crussh
• Lloyds- "its on us"
• Hungry House
• Morrisons
• Wetland Centre
• Sunglasses shop
• Gourmet burger kitchen
• Hertz
• New Look
• Whole foods
• Photobox
• Tinc
• Charles Tyrwhitt
• Hello Canvas
• Waitrose
• La tasca
• Spa Finder
• Argos
• Body Shop
• Vintage Inns
• Interflore
• Chef and Brewer
• Classic British Hotels
• Jamies Italian
• Lakeland
• Yo Sushi

And a few others which i cant remember. Though its never guaranteed what you will get offered, is a pain to always have to activate each of them, its still a nice little extra to have!

Yearly fee is annoying but still works out okay. I dont think they will go to straight cashback unless they renamed the account, as wouldnt really be "Choice rewards" saying that... you never know!

SavingFish

plunt wrote: »

Yearly fee is annoying but still works out okay. I dont think they will go to straight cashback unless they renamed the account, as wouldnt really be "Choice rewards" saying that... you never know!

Sorry, I may have been unclear.

What I meant was that I suspect they could easily lower the value of the rewards at any time (possibly before you next get enough points to spend them).

I think this is less likely to happen with a straight cash back card such as the Amex Platinum.

One of Lloyd's choices is cashback though.
10 points per £1 spend.
10,000 points -> £10 cashback.
So £10 per £1000 spent = 1%

(A £10 Amazon voucher is only 6650 points, hence 1.5%)

planteria

Amex have certainly stuck to my deal with them, for 8 years or more. :T

faddy

SavingFish wrote: »

CapitalOne Classic Extra - Simplest straight cash back card. 0.5% plus potential £10 yearly bonus which you should get if you're using a cash back card correctly anyway. Also no overseas load.

No longer listed by MSE as a cheap travel card. 2.75% non-sterling transaction fee shown here.

ScoobyZ

Come on Amazon, list details of your new UK card. I'm guessing that they can't as they are in contract with MBNA until 30th Sept 2014

parker1982

Just been looking around the MBNA website for details on how to close the account once the final reward email is transferred:

From the FAQ page (cant post links)

Question:
How do I close my credit card account?

Answer:
If you'd like to close your credit card account please call our Customer Services team using the number on the back of your card. If your account has been dormant for more than 30 days then you can close it by using our IVR.


Glad to see it will be an automated procedure, I can't stand retention departments unless I'm actually wanting to stay with them and just trying to get something knocked off.