"Cash back" at supermarkets

Gecks

Hi,

I understand that if you use a credit card at an ATM, you will have to pay a fee. So an interest free on purchases card should only be used on...purchases! However...what about 'cash back' at supermarkets? Does that count as a 'purchase' (ie, interest free) or a cash withdrawal?

This is my first credit card, so sorry if this is a stupid question!

Cheers,
Chris

Bagger

Gecks

You do not get "cashback" on credit cards at Supermarkets - only debit cards qualify.

Bagger

lisyloo

You can buy some vouchers with a credit card that count as a purchase.
I did it at Waitrose buying some John Lewis vouchers.

taless

But I was offered "Do you want any cashback sir?" when I shop at Sainsburys a few times. I said no each time (as I know it's a credit card that I am using).

I never tried doing that, but I think banks can see - when I use my Debit card for Cashback, I'll see this on my statement - Sainsbury's - GBP5 Cashback or something to that effect.

Zebedee69

taless wrote: »

But I was offered "Do you want any cashback sir?" when I shop at Sainsburys a few times. I said no each time (as I know it's a credit card that I am using).

I never tried doing that, but I think banks can see - when I use my Debit card for Cashback, I'll see this on my statement - Sainsbury's - GBP5 Cashback or something to that effect.

Its very likely the staff dont know what their doing :rolleyes:

You can get cashback on debit cards but not credit/storecards.

If you want to get money out of a credit card why not get an Egg money card and BT to it giving your Egg a positive balance? Withdrawls from an Egg money card in credit are free from most ATM's that take Mastercard.....

Just my tuppence worth.....

iceicebaby

I think the staff just automatically ask if you want cash back as a habit really

Stephen_Leak

Gecks wrote: »

I understand that if you use a credit card at an ATM, you will have to pay a fee. So an interest free on purchases card should only be used on...purchases! However...what about 'cash back' at supermarkets? Does that count as a 'purchase' (ie, interest free) or a cash withdrawal?
This is my first credit card, so sorry if this is a stupid question!

From the sound of it, you know more than the checkout staff. And, by not getting cash - by any means - on a credit card, you did the right thing.

Stephen_Leak

Gecks wrote: »

I understand that if you use a credit card at an ATM, you will have to pay a fee. So an interest free on purchases card should only be used on...purchases! However...what about 'cash back' at supermarkets? Does that count as a 'purchase' (ie, interest free) or a cash withdrawal?
This is my first credit card, so sorry if this is a stupid question!

From the sound of it, you know more than the checkout staff: by not getting cash - by any means - on a credit card, you did the right thing.

HannaB

When I was working at Sainsbury's, a prompt came on the till as a reminder to ask if the customer wanted cashback when paying on a debit card. Perhaps the standards of staff and/or technology have slipped since those days...because a prompt didn't appear when paying with credit cards.;)

(No offence intended to current checkout staff, it was just the worst six weeks of my life)

Biggles

In the past, one outlet I used regularly offered cashback on credit cards. And, because credit cards don't have any way of mixing cash & goods, it went as a purchase.

I used to use this regularly; I got cash, I got xx days interest-free to pay for it, plus I got a cashback reward on my credit card for the full amount!

Presumably, the merchant either:-
1 Didn't know what the staff were doing;
2 Was on a flat-rate charge per transaction to Visa, so didn't care; or
3 Paid more to bank his cash than to charge it on a credit card (quite feasible).