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Withdraw Santander 123 cashback?
Xeorix
Posts: 385 Forumite
in Credit cards
We no longer use our 123 Credit Card and moved to Monzo as we wanted to be more in control of our money.
The thing is, we still have quite a bit of cashback on our CC, but we still get charged the £3pm card fee.
Does anyone know if it's possible to cancel the CC and withdraw the cashback?
The thing is, we still have quite a bit of cashback on our CC, but we still get charged the £3pm card fee.
Does anyone know if it's possible to cancel the CC and withdraw the cashback?
Cashback
Total Quidco since 2007: £166.64
Total TCB since 2012: £398
Competition Wins
5* Break in Scotland
Total Quidco since 2007: £166.64
Total TCB since 2012: £398
Competition Wins
5* Break in Scotland
0
Comments
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Can you not just use the card a final time and spend the accumulated cashback?0
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Cashback is paid back yearly, so I'd have to wait several months, paying £3pm before I can get itCashback
Total Quidco since 2007: £166.64
Total TCB since 2012: £398
Competition Wins
5* Break in Scotland0 -
Apologies, I thought the cashback was credited to the account in the following month with the 123 card?0
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Just use the card for the cash back then close it. Cash back is paid monthlyI’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Mine is certainly paid monthly.Life in the slow lane0
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If you can get more than £3 cashback a month I'd stick with the credit card, it'll be better than the protection you get from a debit card too.0
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