Making the most of TSB contactless cashback before the end of December

Jibeddy

With regards to interest or cashback?

Cashback is a calendar month (I'm almost certain).

Interest is by daily closing balance.

harj1185

harj1185 wrote: »

does anybody know how to find out what date the 5% is calculated from on my account?

Sorry I meant the 5% contactless cashback, what date does it reset to spend £100?

Yorkshire_Pud

harj1185 wrote: »

Sorry I meant the 5% contactless cashback, what date does it reset to spend £100?

The 1st of each month.

molerat

Sports Direct are now contactless.

Gers

Yorkshire_Pud wrote: »

The 1st of each month.

Mine is paid on 20th of each month.

Yorkshire_Pud

Gers wrote: »

Mine is paid on 20th of each month.

So is mine, but it's calculated on spends per Calender month starting on 1st:cool:

Nationwide8

Yorkshire_Pud wrote: »

So is mine, but it's calculated on spends per Calender month starting on 1st:cool:

This is definitely right as I phoned TSB yesterday to double check,have loaded up an Asda Gift card the past few days to hopefully use in January 17 after cash back ends end of Dec.

Katiehound

Nationwide8 wrote: »

This is definitely right as I phoned TSB yesterday to double check,have loaded up an Asda Gift card the past few days to hopefully use in January 17 after cash back ends end of Dec.

Erm... however if you have only loaded the card in the last few days it will most likely appear as a Sept transaction on your statement.

I spent contactless in Aldi last Friday and it appears as Aug 30th transaction!!

Also went shopping in Tesco yesterday bought my first £30gift card and £30 shopping- 2 transactions- but doubt that they will reach the bank before Sept 1st. Ho hum!! I couldn't do it earlier in the month as I had not long had the card (a/c no2)
Contactless has only really become truly viable for me at this late stage 'cos finally nearest Tesco has become contactless.

schiff

Katiehound wrote: »

Flipping card worked in there today when I was only spending £1, unlike yesterday when it refused £15 in Aldi. How annoying is that??!!

I make a lot of small purchases (around £1-£1.50) and it has occurred to me to do PIN with the odd one (but perhaps once a week) to try to defer the demand to use the PIN when you have a £20 or so bill to pay (when I would switch to a different card of course).

schiff

Yorkshire_Pud wrote: »

So is mine, but it's calculated on spends per Calendar month starting on 1st:cool:

Bills dated in the last few days of the month don't all get shown with that date by the last day of the month, when you check your account online. I don't know which date TSB uses to calculate the cash-back, so it may be wise not to count them - if you are monitoring your spending to reach £100.