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TSB £5 contactless payment

iris
iris Posts: 1,459 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
edited 2 March 2016 at 7:17AM in Budgeting & bank accounts
I used my contactless card in February 2016. I have just looked at my online statement and whilst my interest has been credited, there is no sign of the £5 for using my contactless card. Is this added later in the month?


I looked on the TSB web site, but it just says the £5 will be added the following month.

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It's paid towards the end of week 3, so somewhere around the 17th - 19th.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    that's right. i've had my interest today, but cashback later in the month.
    i receive the payment, see it, and then a couple of days later an email to tell me it is being paid.:)
  • iris
    iris Posts: 1,459 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Many thanks to YorkshireBoy and Planteria for answering my question. I'll just have to wait 3 weeks to find out if I have got the full £5 cashback.
  • Richard019
    Richard019 Posts: 461 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 2 March 2016 at 2:22PM
    There shouldn't be a problem, so long as you've used it as a completely contactless card for £100 worth of transactions.

    There's 3 ways it can go when you pay for your shopping in a shop:

    1) You touch the card on the machine and it goes through
    2) You touch the card on the machine then have to put it in and enter your PIN
    3) You just put it in and enter the pin like with a normal card

    Only the first type count towards your reward. (I rang up to check why I'd got less than expected the first month as I didn't realise this and thought type 2 would count as well)

    The second type I think only happen if you've only been using your card for contactless payments, as a security measure to make sure it's still you using it. If you use the card for everything (eg your big weekly shop) then you're less likely to have them as it's supposed to only be after consecutive contactless payments.
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