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What do you do with cash back incentives from banks?
Harveys_2
Posts: 217 Forumite
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
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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.0 -
I don't do anything specific with it, if that is what you're asking.0
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Nosy so-and-so.0
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I buy booze, fags and drugs and waste what's left over on fast women.0
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They are just pleasant little freebies. But they're not really enough to actually 'do' anything with.0
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Well I did lots with the £1,650 I made courtesy of YB earlier this year.They are just pleasant little freebies. But they're not really enough to actually 'do' anything with.
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).0 -
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.0 -
I will tell you

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.0 -
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..0
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