Earning additional £1.50 with coop Coop Debitcard Incentive scheme

adindas

[FONT=&quot]Cooperative Bank is offering people who has bank account with them and register for the scheme to earn additional 5p cashback for each transaction using Coop debit card. Maximum cash back is £1.50 each month[/FONT]

[FONT=&quot]I am considering to use Coop debitcard to buy 30 items of the price of about 1p each month to earn up to £1.50 cashback.[/FONT]

[FONT=&quot]I am trying to find the way to shorten the time to complete this 30 transactions each month to make it worthy.
[/FONT]
[FONT=&quot]Currently I am thinking of using to buy “pin” and use "pin" as search word as majority of pins will cost about 1p free delivery. The problem here is that I estimate it will still take about 10 minutes to complete the transaction just to earn £1.20 (e.g. £1.50 – 30p) each month.[/FONT]

[FONT=&quot]Is there any advice how to shorten the time required to make it worthy. What I am thinking is that.[/FONT]

[FONT=&quot]It is probably could be shortened to less than 3 minutes if all items are paid in one go. So just one PayPal transaction instead of thirty but I am not sure whether this could still earn multiple 5p cashback instead of one. (?).

[/FONT]
[FONT=&quot]Also looking for Ebay aps/program which could screen 1p free delivery item on eBay ?[/FONT]

[FONT=&quot]Any though on this will be very much appreciated ….... [/FONT]

soolin

adindas wrote: »

[FONT=&quot] [/FONT]

[FONT=&quot]Cooperative Bank is offering people who has bank account with them and register for the scheme to earn additional 5p cashback for each transaction using Coop debit card. Maximum cash back is £1.50 each month[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]I am considering to use Coop debitcard to buy 30 items of the price of about 1p each month to earn up to £1.50 cashback.[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]I am trying to find the way to shorten the time to complete this 30 transactions each month to make it worthy.
[/FONT]
[FONT=&quot]
[/FONT]
[FONT=&quot]Currently I am thinking of using to buy “pin” ans use "pin" as search word ajority of pins cost about 1p free delivery. The problem here is that I estimate it will take about 10 minutes to complete the transaction just to earn £1.20 (e.g. £1.50 – 30p) each month.[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]Is there any advice how to shorten the time required to make it worthy. What I am thinking is that.[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]It is probably could be shortened to less than 3 minutes if all items are paid in one go. So just one PayPal transaction instead of thirty but I am not sure whether this could still earn multiple 5p cashback instead of one. (?).

[/FONT]
[FONT=&quot]Also looking for Ebay aps/program which could screen 1p free delivery item on eBay ?[/FONT]
[FONT=&quot] [/FONT]
[FONT=&quot]Any though on this will be very much appreciated ….... [/FONT]

I've absolutely no idea what you mean- sorry.

However, I would worry that you are going to spend a great deal of money to get £1.50 cashback- have you even read the terms and conditions and any of the threads on here about minimum costs and costs to close the account?

soolin

adindas wrote: »

I have seen many 1p free delivery items on eBay. Also in the past I have bought items cost less than 10p free delivery, especially items from Hong Kong, China. How the sellers could effort to do this I have no clue ...

What I am thinking also completed transactians will boost eBay positive ratings. So to kill two birds with one stone ...

Then I suspect you didn't mean to post in the Swoggi auction thread and perhaps this should be a new thread?

if so I'll move your post to a new thread.

soolin

moved from the swoggi thread.

RFW

adindas wrote: »

[FONT=&quot]Any though on this will be very much appreciated ….... [/FONT]

That's a lot of effort for £1.50/month, you'd probably spend less time and get more by walking round town looking for lost pennies.

RFW

adindas wrote: »

Well I doubt it if people could collect lost pennies in total of £1.50 in town for three minutes work ...

Maybe not but you'll get some exercise and fresh air. I can't see the point in putting quite so much effort into earning 5p a day, unless I'm missing something.

adindas

RFW wrote: »

Maybe not but you'll get some exercise and fresh air. I can't see the point in putting quite so much effort into earning 5p a day, unless I'm missing something.

Not 5p day. £1.20 in about three minites if it works ...
You buy 30x1p items on eBay and then pay it alltogether using Coop debitcard. Coop gives 5p cash back for each time the debitcard is in use pay 5p up to a maximum of £1.50 each month

campdave

Co-op just see a paypal transaction, not that the transaction is for thirty items.

You're getting cashback per transaction, not for the number of items you buy.

If you want the cashback, put the effort in.

RFW

adindas wrote: »

Not 5p day. £1.20 in about three minites if it works ...
You buy 30x1p items on eBay and then pay it alltogether using Coop debitcard. Coop gives 5p cash back for each time the debitcard is in use pay 5p up to a maximum of £1.50 each month

£1.50/month = 5p/day. If you could find 200 similar transactions to do, that would be ten hours work and you'd get £10/day. If you're happy doing it, go ahead and good luck to you. Just don't take the idea on Dragon's Den;)

adindas

RFW wrote: »

£1.50/month = 5p/day. If you could find 200 similar transactions to do, that would be ten hours work and you'd get £10/day. If you're happy doing it, go ahead and good luck to you. Just don't take the idea on Dragon's Den;)

Thanks for the comment.

If it is working it is about 3 minutes work. Each month to earn £.1.20 (e.g. £1.50 0- 30p).

You cannot count it as 5p per day as the work involve is just 3 minutes each month. So it should be count as £1.20 for about 3 minutes work.

Also the most valuable gain here is that it might boost people positive feedback by about 30 positive feedback a month for satisfactory completed transaction.

RFW

adindas wrote: »

Thanks for the comment.

If it is working it is about 3 minutes work. Each month to earn £.1.20 (e.g. £1.50 0- 30p).

You cannot count it as 5p per day as the work involve is just 3 minutes each month. So it should be count as £1.20 for about 3 minutes work each month.

Also the most valuable gain here is that it might boost people positive feedback by about 30 positive feedback a month for satisfactory completed transaction.

Sorry, you're right, it's 4p a day plus a lot of tat from China.:) my point was you can't "earn" more than that in a month so what's the point.
If you can find 30 separate penny items in a few minutes you'd be better off writing a blog, Tweet or Facebook about them. Set yourself up with an Ebay affiliate scheme (search for Ebay Partner Network) and you'll earn more than that.
I'd actually be interested in seeing what items are being sold for a penny including postage. It would be an interesting exercise. If I had the time I'd consider it myself. I know there are a number of items on Ebay (and to a lesser extent on Amazon) sold for less than Uk postage, not all by far East sellers.