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Cash back - Wrong way round
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StevieJ
Posts: 20,174 Forumite
in Credit cards
I have a MS cash back card, it offers cash-back of 1% up to £2000 per year and 0.5% over £2000. I often thought that this was the wrong way round to encourage you to spend more.
Surely they should be offering you/me a higher % the more we spend.
Surely they should be offering you/me a higher % the more we spend.
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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The cashback on my MS has gone loopy.
Not sure how, but they're currently say they're going to give me an amount of cashback, which when calculated out equates to about 2% on the total spend this period.Savings - £18,500 @ 5.22% Average0
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