Better cashback from Halifax or NatWest?

System

I have to say I got 1 waitrose, 1 Morrison's and 1 Icelandic offer of 10% each within 1 month of grocery shopping at tezcorp, with different limits, bought hundreds of cans and bog roll, and washing powder, took money out of my 5% flexdirect to do it, but I couldn't manage to find £300 of worthwhile stuff to buy at waitrose, as if it was more expensive than Morison's or Iceland there was no point, and I know supermarkets don't always let you buy more than 50 of one item

I will use the Halifax completely to avoid being seen as abusing the offers and because the NatWest 1% is not on places I shop, and because my regular tezcorp shop attracts offers

Could've been the initial one offs though, might quiet down after that

Also I reckon obsessive money saving is easier money than earning it, or at least its more reliable long term

System

Callum - it is a gamble that its done on quantity of purchases, but it just looks like that's the way it works, I see offers are tagged to specific transactions, and its written as 'just use your debit card to pay' - and I've had a fair few offers for quite minor spending, and Halifax makes the same per debit card transaction so its all the same to them

callum9999

MatthewAinsworth wrote: »

Callum - it is a gamble that its done on quantity of purchases, but it just looks like that's the way it works, I see offers are tagged to specific transactions, and its written as 'just use your debit card to pay' - and I've had a fair few offers for quite minor spending, and Halifax makes the same per debit card transaction so its all the same to them

Halifax aren't funding these offers though, the retailers are.

Offers also aren't tagged to specific transactions - they're just occasionally advertised next to them. E.g. if you spent something in a supermarket and now have an offer for a supermarket, it might place an advert in there. It doesn't mean that transaction triggered the cashback offer (particularly as the vast majority of mine aren't advertised on my statement).

If you think that's how it works and want to continue then feel free, I just don't think it's necessary.

System

I haven't had a paper statement yet, but just in the mobile app

Its true that Halifax aren't funding them, and for that reason they're not losing out offering willy nilly on small transactions, and the company you claim the cashback against isn't the same as the competitor who triggered it, so they're not going to care if tescos has to pay card fees twice over, and it is a marketing tool so it'd make sense for the identity of a competitor to be a factor. Whether they know who is maxing their cashback is more likely to be loyalty card info than debit card data, unless banks are allowed to share that with other companies

One person said that they bought from a pub, then had a load of pub offers

callum9999

MatthewAinsworth wrote: »

I haven't had a paper statement yet, but just in the mobile app

Its true that Halifax aren't funding them, and for that reason they're not losing out offering willy nilly on small transactions, and the company you claim the cashback against isn't the same as the competitor who triggered it, so they're not going to care if tescos has to pay card fees twice over, and it is a marketing tool so it'd make sense for the identity of a competitor to be a factor. Whether they know who is maxing their cashback is more likely to be loyalty card info than debit card data, unless banks are allowed to share that with other companies

One person said that they bought from a pub, then had a load of pub offers

I was talking about online banking - it doesn't appear on actual statements.

The retailers don't leave it up to Halifax to decide who to get it though - they will give a specific profile of who to target and how many people they want targeted.

I never use my card in pubs and have tonnes of pub offers. Spending in Tesco may make Waitrose want to target an offer at you, it may make it less likely. Maybe they want to target Sainsbury's shoppers? My only real point is nobody knows.