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What do you do with cash back incentives from banks?

So what do you do with the money? I tend to put it towards car insurance or car tax or servicing etc...
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Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 18 October 2015 at 5:28PM
    You say this like without the incentives you don't have money to pay for insurance/tax/servicing.

    Pecunia non olet
    ("money does not smell/stink")

    ETA: most likely, in fact you either save more or "put it towards" non-essential luxuries that you wouldn't have bought without this extra money.
  • djpailo
    djpailo Posts: 551 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I don't do anything specific with it, if that is what you're asking.
  • colsten
    colsten Posts: 17,596 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Nosy so-and-so.
  • chambta
    chambta Posts: 2,770 Forumite
    Part of the Furniture Combo Breaker
    I buy booze, fags and drugs and waste what's left over on fast women.
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    They are just pleasant little freebies. But they're not really enough to actually 'do' anything with.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Biggles wrote: »
    . But they're not really enough to actually 'do' anything with.

    What aren't? Fast women?
    :rotfl:
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Biggles wrote: »
    They are just pleasant little freebies. But they're not really enough to actually 'do' anything with.
    Well I did lots with the £1,650 I made courtesy of YB earlier this year. :)

    However, I've yet to decide what to do with the £300 Nationwide paid me last week.

    But in the main I agree with your statement (that £100-£150 isn't a life changing amount).
  • For £300 you could get a couple of flights from UK to say Amsterdam or Paris say and a hotel stay for a couple of nights.
    Better IMO than collecting airmiles.
  • ceredigion
    ceredigion Posts: 3,709 Forumite
    Eighth Anniversary 1,000 Posts Photogenic
    I will tell you :D
    All the money I make by being "clever" that is joining incentives, cash back sites and stoosing. Go's in to my peer to peer account at high risk. Though would be gutted if I lost it, happy with the risk as I didn't have to graft for it in the first place.
  • anna42hmr
    anna42hmr Posts: 2,901 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Mine is being set aside into an savings account ready to make overpayments to my mortgage in January (as I've already paid up to the max 10% this year).
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
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