Chase UK discussion

miller

I think I saw a comment on another thread that NS&I doesn't work for chase (probably gets caught out under "Government services not classified elsewhere" on the list of exclusions). My dentist however does work, when I thought it might get caught out under the "personal care" reference. All my everyday spend is fine, I just need to be careful to use another card for insurance and motor stuff.

London_1

I've had one for over a year and have earned nearly £30.00 in cash backs I only use it for shopping but it won't accept payments for CC (well it won't take John lewis ones but then I get vouchers from them anyway ) But I found it really useful to tuck odd amounts away in the 'save' bit and it earns pretty good interest as well 
JackieO xx

pecunianonolet

Would it work if you go to your local supermarket e.g. Aldi. You buy a pint of milk and at the till ask for £100 in cashback. Would that not all come in under the same MCC code as grocery shopping or would the two things be separated when it is in the end one transaction? If under the same eligible MCC code, I would expect the 1% Chase cashback is calculated on the full amount. Yes, you end up with cash you need to pay in again before you could repeat.

At 1% not profitable due to the invested time it takes but at a higher cashback percentage it could be profitable. Would be 15 x £100 supermarket cashback to max out the monthly £15. Quite a labour intensive exercise. 

crumpet_man

pecunianonolet said:

Would it work if you go to your local supermarket e.g. Aldi. You buy a pint of milk and at the till ask for £100 in cashback. Would that not all come in under the same MCC code as grocery shopping or would the two things be separated when it is in the end one transaction? If under the same eligible MCC code, I would expect the 1% Chase cashback is calculated on the full amount. Yes, you end up with cash you need to pay in again before you could repeat.

At 1% not profitable due to the invested time it takes but at a higher cashback percentage it could be profitable. Would be 15 x £100 supermarket cashback to max out the monthly £15. Quite a labour intensive exercise. 

It doesn't work with Chase.

This method has previously worked with certain banks under their retailer offers, e.g. Bank of Scotland 10% cashback  at Morrisons.  

pochisoldi

crumpet_man said:

pecunianonolet said:

Would it work if you go to your local supermarket e.g. Aldi. You buy a pint of milk and at the till ask for £100 in cashback. Would that not all come in under the same MCC code as grocery shopping or would the two things be separated when it is in the end one transaction? If under the same eligible MCC code, I would expect the 1% Chase cashback is calculated on the full amount. Yes, you end up with cash you need to pay in again before you could repeat.

At 1% not profitable due to the invested time it takes but at a higher cashback percentage it could be profitable. Would be 15 x £100 supermarket cashback to max out the monthly £15. Quite a labour intensive exercise. 

It doesn't work with Chase.

This method has previously worked with certain banks under their retailer offers, e.g. Bank of Scotland 10% cashback  at Morrisons.  

In my experience, it has worked previously with Halifax (spend £1 get £50 cash, resulting on cashback on £51 spend - mainly at Morrisons), hasn't worked with Natwest (Spend £5, get £50 cash, only get cashback on £5).
It seems that the transaction is submitted by the merchant as "£x consisting of £y goods+£z cash".
The card provider then pays out cashback on either "£x" (Halifax, BoS) or "£y goods" (Natwest).

Buying £5 of groceries and a £50 gift card will work, as the transaction will always go through as £55 (total) or £55 (goods).
The only time I would do that kind of thing is on a time limited cashback deal (did it for Nationwide's 5% on supermarket, and Barclays 5% on Google pay promotions). Never got to try it on Barclays Blue Rewards Cashback, as they have still failed to link my current debit card, and it's unlikely to be fixed before the promotion ends.
I've never done it with Chase, as I can always get my 1% next month.

(Yes - lots of cards on different accounts - usually sat in a drawer waiting for the next promotion)
PochiSoldi

itm2

Does anyone know if renewing Road Tax is an exclusion for Chase? I notice that one of the exclusions is "Government services not classified elsewhere", but am not sure whether that includes Road Tax

BigBlueSky

These exclusions including not earning cashback on insurance has always put me off from using the Chase debit card.  I've just continued using my cashback credit card instead which earns cashback on almost everything.

pecunianonolet

pochisoldi said:

crumpet_man said:

pecunianonolet said:

Would it work if you go to your local supermarket e.g. Aldi. You buy a pint of milk and at the till ask for £100 in cashback. Would that not all come in under the same MCC code as grocery shopping or would the two things be separated when it is in the end one transaction? If under the same eligible MCC code, I would expect the 1% Chase cashback is calculated on the full amount. Yes, you end up with cash you need to pay in again before you could repeat.

At 1% not profitable due to the invested time it takes but at a higher cashback percentage it could be profitable. Would be 15 x £100 supermarket cashback to max out the monthly £15. Quite a labour intensive exercise. 

It doesn't work with Chase.

This method has previously worked with certain banks under their retailer offers, e.g. Bank of Scotland 10% cashback  at Morrisons.  

In my experience, it has worked previously with Halifax (spend £1 get £50 cash, resulting on cashback on £51 spend - mainly at Morrisons), hasn't worked with Natwest (Spend £5, get £50 cash, only get cashback on £5).
It seems that the transaction is submitted by the merchant as "£x consisting of £y goods+£z cash".
The card provider then pays out cashback on either "£x" (Halifax, BoS) or "£y goods" (Natwest).

Buying £5 of groceries and a £50 gift card will work, as the transaction will always go through as £55 (total) or £55 (goods).
The only time I would do that kind of thing is on a time limited cashback deal (did it for Nationwide's 5% on supermarket, and Barclays 5% on Google pay promotions). Never got to try it on Barclays Blue Rewards Cashback, as they have still failed to link my current debit card, and it's unlikely to be fixed before the promotion ends.
I've never done it with Chase, as I can always get my 1% next month.

(Yes - lots of cards on different accounts - usually sat in a drawer waiting for the next promotion)
PochiSoldi

If you could now buy gift cards which can be used to repay the generated debt on the card the cashback would remain as profit That would be an easy way to make money :P

pochisoldi

itm2 said:

Does anyone know if renewing Road Tax is an exclusion for Chase? I notice that one of the exclusions is "Government services not classified elsewhere", but am not sure whether that includes Road Tax

Definitely excluded - MCC is shown as "Government not elsewhere described" in my credit card app.

alanwsg

itm2 said:

Does anyone know if renewing Road Tax is an exclusion for Chase? I notice that one of the exclusions is "Government services not classified elsewhere", but am not sure whether that includes Road Tax

No - I tried it!