What are people going for as Santander 123 replacement?

matty_art

I just cancelled my 123 card as the cashback hike meant it was no longer beneficial to me. Just curious what others are doing in the same boat - switching to stoozing most likely? I do have an Amex 1% card but stoozing would probably be more beneficial financially than using that.

I'm wondering if the Tesco or Nectar long term interest free cards are worth it for some points given I don't shop there but do spend a fair bit a month, or best just going for the Post Office one.

agrinnall

I think you mean the charge hike rather than a cashback hike, which would be beneficial. I'm sticking with my 123 for now but as my petrol payments are declining I'll keep a close eye on what I make and if it becomes not worth having I'll ditch it.

matty_art

Yep, silly typo! Cheers.

bigadaj

I've gone to Amex for the 5% initial cashback.

I use a nationwide select where they don't take Amex, and have a tsb contactless debit card for the 5% on the first £100.

When the Amex runs out I'll start using my Halifax clarity probably for the £5 cashback again, but it's looking a bit thin out there.

I cancelled my 123 card earlier this week and it was very straightforward to be fair.

Vortigern

TSB contactless debit card for 5% cashback on smaller purchases, Nationwide Select credit card for 0.5% on larger items and 12 months slow stooze.

I had hoped that Santander might have had a customer retention offer, but they didn't :-(

Doctor_Duke

Natwest Reward Credit Card is an option for cashback on everything but only worth your while if you also have the reward current account as they refund the annual £24 fee. There is also a £3 monthly fee for the Rewards Current Account but easily covered by the cashback they offer on bills!

planteria

Amex Cashback, Barclaycard Cashback & TSB Debitcard Contactless for me.

No_6

Gone for 0% purchase cards and using them for every thing.
ie never pay by debit cards or cash.
Leaving money in interest paying current accounts (3% or 5%) to pay off when needed.

planteria

what have you gone for then No_6?

No_6

Halifax master card for the OH, £6K over 14 months, bit on the poor side, ie length of time !
2K for me on Virgin over 22 months, used for holiday flights / deposits.

Just finished £1K on Amex also £4.5K on Tesco, managed to transfer to Barclays @ 1.3% bt fee for 32 months, so money still in 3% savings.

Will be looking to replace the Halifax card before it's due date SEPT,with another 0% purchase card for the Oh and a new one for me.

20aday

I'm keeping my Santander MasterCard at the moment as I won't have my transport capped to the £3 maximum (it's at the original £9).

If my fuel usage drops within a few months' time I may consider the Lloyds Bank Choice Rewards card again as I'll be refunded £12 of the card's £24 annual fee and can turn the points into vouchers for things like birthdays and Christmas.