Chase UK discussion

Stargunner

What is the appeal of people using a cashback cc opposed to a 0% cc.
You can get a 0% cc for up to 23 months.. Instead of paying the balance off each month, you can just pay the minimum and stash the rest in a savings account earning 4.5% interest.

crumpet_man

Stargunner said:

What is the appeal of people using a cashback cc opposed to a 0% cc.
You can get a 0% cc for up to 23 months.. Instead of paying the balance off each month, you can just pay the minimum and stash the rest in a savings account earning 4.5% interest.

This is what I do as well, albeit with a Zilch card at the front (0.5% cashback/rewards almost anywhere and 2% at certain retailers) with a Curve card behind it and a 0% credit card behind that.

Some people do not like to build up debt, even though it is at 0% and prefer to keep things simple and pay it off every month.  Some don't even like a credit card and would rather sacrifice potential rewards in order to keep budgeting more straightforward by using only one debit card.

jim1999

Stargunner said:

What is the appeal of people using a cashback cc opposed to a 0% cc.
You can get a 0% cc for up to 23 months.. Instead of paying the balance off each month, you can just pay the minimum and stash the rest in a savings account earning 4.5% interest.

Personally, because I can do both.  Spend on a cashback card and then I use balance transfers to stash money in savings.

JenniferK

Wanted to transfer some money to my spouse's Chase account. They stopped the transfer without reason despite all security questions being answered correctly. Next they freeze my account without reason/notification. Whats the best way to deal with this?

wiseonesomeofthetime

Speak to the bank.

HillStreetBlues

Had a debit card refund on Thursday but it's only pending money so not available, anyone know how long it normally takes to clear?

TimeLord1

HillStreetBlues said:

Had a debit card refund on Thursday but it's only pending money so not available, anyone know how long it normally takes to clear?

3-5 days in your app in pending amounts see the timer for clearing estimate.  

miller

I've got some future dated external transfers setup from my Chase Saver which I can see under Payments->Scheduled Payments. I've also setup some future dated internal transfers from my Chase Saver to Chase Current Account today but they don't show in the list of Scheduled Payments so there doesn't look to be an option to cancel them?

sausage_time

I agree, there seems to be no way to view or change future payments between accounts.

wiseonesomeofthetime

sausage_time said:

I agree, there seems to be no way to view or change future payments between accounts.

You used to be able to because I did exactly that a couple of years ago. Moved money weekly from Savings account to Spending current account.