Credit Card for Petrol

corbyboy

grumbler wrote: »

By 'earlier' do you mean this thread?
What exactly caution is needed and who really cares? E.g. with Tesco you can just use their credit card and get points without using the clubcard, i.e. without 'claiming'.

In the very first post the OP mentioned a Nectar Card. I assumed this to be a traditional Nectar Card rather than a credit card.

I was just pointing out that if this fuel is ultimately paid for by his employer they may have restrictions on your ability to use your personal loyalty cards on work purchases.

w211

Have a look at the American Express cashback credit card. Introductory rate of 5% cashback on the first £2,000, then tired cashback rates of 0.5% to 1.25% depending on how much you spend.

The cashback is applied as a credit to your account on its' anniversary, so if you just submit the receipts to your employer, they're not going to know you use that particular American Express card.

Alternatively, if you fly a lot, you may consider the British Airways American Express Premium Plus card. It has an annual fee of £150, but this is offset by a 2 for 1 voucher if you spend over £10,000 a year with them. You get 1.5 Avios for every £1 spent on the card, with an 18,000 Avios introductory offer. If you can change to buying your diesel from Shell or Tesco, you can apply for their Driver's Card/Clubcard, which you can convert to Avios as well.

grumbler

corbyboy wrote: »

I was just pointing out that if this fuel is ultimately paid for by his employer they may have restrictions on your ability to use your personal loyalty cards on work purchases.

Is this a theory or something really happening in practice?
What difference does it make to them? You pay, they reimburse.

PeacefulWaters

Assuming you claim expenses for the miles or show petrol receipts, your employer won't know or care about loyalty points and reward cards.

I'm estimating a spend of £4,000 a year. Just using a Tesco credit card as a Clubcard should get over 9,000 Avios - enough for a free (£35) return flight to Europe. Paying with a different card as well opens up a host of opportunities!

I'd be changing cards regularly to get up front incentive offers, then ditching them (and reapplying a year later). Always fill up at Tesco. Always use the Tesco credit card as a Clubcard. Always pay on whichever card is going to get you to the next incentive.

First £1,000 on a BA Amex card = 10,000 Avios. PM me if you want a referral code and we both get extra Avios.

Second £750 on a Hilton card = free hotel room.

Third £2,000 on AMEX cashback card until the 5% off expires etc.

Within 6 months you should have a free flight (well £35 to pay), a free hotel room and some spending money. If you have a partner you could be second cardholder and they have the same cards again - within a year you have a weekend away for two in Europe paid for with some spending money.

There will be other deals out there too. But leverage is in the up front incentives. Read this.

If you can reach the spend levels of the AMEX fee cards mentioned in the post above then they might prove very profitable.

Basic back up card for when there are no incentives about = Tesco credit card = 300 Avios per £100 spend at Tesco filling stations.

If you can't be bothered with the chopping and changing get both Tesco and Santander 123 cards. Santander 123 for the first £300 a month and a Tesco credit card beyond this. Always fill up at Tesco. Always use Tesco credit card as the Clubcard. That should net you a flight and £84, but you can do so much more than this!

While I would have Nectar and Shell loyalty cards (not credit cards) in my car, they don't offer the same value and leverage as using the Tesco credit card as a reward card. Just a backup for when I misjudge the consumption!

I would prefer not paying a charge if possible

The only reason not to pay £24 to make £108 a year is because you could make more than £84 profit some other way.

VivaTibet

w211 wrote: »

Have a look at the American Express cashback credit card. Introductory rate of 5% cashback on the first £2,000, then tired cashback rates of 0.5% to 1.25% depending on how much you spend.

The cashback is applied as a credit to your account on its' anniversary, so if you just submit the receipts to your employer, they're not going to know you use that particular American Express card.

This card is worse than the platinum cash back (with £25 annual fee but 1.25% reward and 5% on the first £2,500) outside of a very small spend window, can't remember exactly but I think it's about 3.5 grand.
I did the calculations when I decided to go with the platinum.
Also if you know anyone with the card they can refer you and you both get £25 credit