Chase UK discussion

gt94sss2

The changes to Chase cashback 

Neil_Jones

lon_don said:

So that's the end of it: from 7/4 no more cashback except for groceries, select transport, and fuel, and no cashback at all outside of UK or payment in non-GBP.

Hmm that's a shame, I shoved everything I possible could through it and got Cashback on everything.  Groceries, petrol, TV, Netflix, Amazon and Ebay purchases and managed to rack up nearly £20 in cashback in the process in the last six months. 

But as I bulk used this for groceries and petrol anyway for the regular payments, I'm not too bothered by the change, I can shove the other stuff back through my Aqua credit card that I still have that FAIK still give me 0.5% on everything so...

steven141

This is almost the final nail in the coffin for me. Without the cashback the account is worthless to me and I don't particularly like the app compared to other banks. I may continue to use it for groceries but I'll switch to using my Santander edge credit card 2% cashback up to £15 per month.

itm2

sausage_time said:

itm2 said:

I'm thinking of switching to my Amex Rewards card for normal use. Does anyone know if Amex pays cashback on grocery shopping?

Amex Rewards credit card (if that is the card you are referring to) pays points not cashback (including groceries).

Thanks - yes I forgot. I just discovered that the points equate to 0.5% "cashback" (e.g. when points are cashed in for shopping vouchers). Better than a poke in the eye, but not as good as the soon-to-be-binned Chase card....

PRAISETHESUN

itm2 said:

sausage_time said:

itm2 said:

I'm thinking of switching to my Amex Rewards card for normal use. Does anyone know if Amex pays cashback on grocery shopping?

Amex Rewards credit card (if that is the card you are referring to) pays points not cashback (including groceries).

Thanks - yes I forgot. I just discovered that the points equate to 0.5% "cashback" (e.g. when points are cashed in for shopping vouchers). Better than a poke in the eye, but not as good as the soon-to-be-binned Chase card....

There's also the Amex cashback cards that pay an absolute % cashback on purchases. Don't recall ever having issues with not getting cashback from supermarket shopping. 

itm2

Looks like the best deal for Asda shoppers is the ongoing 3% instant cashback voucher deal from Hyperjar, which I've been using for a few months. I guess I'll continue using that for my Asda groceries, and my Amex Rewards card for everything else.

flaneurs_lobster

steven141 said:

....but I'll switch to using my Santander edge credit card 2% cashback up to £15 per month.

Good plan, but 2% for 1st year only and a £3/month charge. Might just about make it worthwhile for me if I were to switch all spending through it. 

Just started buying Tesco Gift Cards at Airtime, bit convoluted but gives 4% cashback as PAYM mobile credit, so that's other spend not going onto cashback card.

WillPS

flaneurs_lobster said:

steven141 said:

....but I'll switch to using my Santander edge credit card 2% cashback up to £15 per month.

Good plan, but 2% for 1st year only and a £3/month charge. Might just about make it worthwhile for me if I were to switch all spending through it. 

Just started buying Tesco Gift Cards at Airtime, bit convoluted but gives 4% cashback as PAYM mobile credit, so that's other spend not going onto cashback card.

Santander Edge CC treats gift card purchase on Airtime Rewards, Complete Savings, Perks at Work and Perkbox as a purchase. 1/2% cashback from Santander + whatever discount/cashback the gift card seller is offering.

Same with Barclaycard Avios (effective 0.5% with no annual/monthly fee).

flaneurs_lobster

WillPS said:

flaneurs_lobster said:

steven141 said:

....but I'll switch to using my Santander edge credit card 2% cashback up to £15 per month.

Good plan, but 2% for 1st year only and a £3/month charge. Might just about make it worthwhile for me if I were to switch all spending through it. 

Just started buying Tesco Gift Cards at Airtime, bit convoluted but gives 4% cashback as PAYM mobile credit, so that's other spend not going onto cashback card.

Santander Edge CC treats gift card purchase on Airtime Rewards, Complete Savings, Perks at Work and Perkbox as a purchase. 1/2% cashback from Santander + whatever discount/cashback the gift card seller is offering.

Same with Barclaycard Avios (effective 0.5% with no annual/monthly fee).

Oh that's very interesting, that's tipped me towards the Santander CC. Thanks. 

n15h

For me, the appeal of Chase being my main daily spend a/c will be gone when the new cashback rules take effect.
I'll go back to using Santander 123 credit card which gives cashback of 1% on supermarkets and 3% on petrol stations/train travel, and wont need to transfer in/out of Chase £1500 every month.
Will keep Chase a/c as a back up with a few ££ balance in case they improve their savings/cashback rates in future.