Alternatives to CURVE card that offers 1% (or more) Cashback

silvercue

Hi,

I have used a Curve pre paid debit for a while.  I fund it form my CRO card, which I get the equivalent of 3% cashback on spend in the form of Crypto.   The Curve card gives 1% cashback too, but only for 30 days.   I am passed that period now and the card is obviously less attractive without the cashback.

So, I am looking to see if there are alternatives that give cashback, even for a limited period, and what people think of their services, reliability, apps etc and would they recommend.  

Thanks

Maple08

Chase offer 1% cashback for a year and has been good so far. The only thing missing are direct debits and a lot of people cry about Chase not having them, so maybe that's something that'll bother you as well. None of my other banks have offered me cashback on DDs or when spending so it's already a win, though credit cards are providing rewards. You're not losing out on much if you use Chase as a spending account. Their app is also good and have a few other features you can try. 

The best cashback credit card is the Amex Platinum Cashback Everyday and it's free - offering 0.5% up to £10,000 and then 1% after. If you're spending over £10,000 a year, get the Amex Platinum Cashback which has £25 annual fee but provides 1.25% cashback if you spend over £10,000. One thing to note about Amex is that the cashback is paid after a year (after your anniversary month) in credit.

silvercue

Thanks for the reply.  Chase looks interesting, but that is a bank account isn't it?    Which would mean me moving money there.  Not impossible, but a bit of a faff.

Th Curve card is card that you link other cards to, so no need to change banks, you can just add your debit card.

jbrassy

There are no credit cards or Curve-like cards that exist which pay above 1%. I think the best options for cashback are either Chase or Amex. Another thing to consider is signing up to Top Cashback and Quidco which give you cashback for online spending. 

The Crypto.com card you refer to is not a conventional cashback card since the cashback is paid in the CRO cryptocurrency. The value of CRO could fluctuate significantly over time. The cashback might be worth 3% at the point you make a purchase, but 12 months later the value of CRO might have declined to the point where it's worth only 0.5% of the initial purchase (equally, it could go in the other direction). Further, you have to stake CRO in order to get these high rates of cashback, which again might fall substantially over time at which point the net gain (taking into account the value of your initial stake and cashback) is negative.

denow

Can also recommend Chase (although I've only been using it a week or so).

I bought our August holiday theme park tickets on Monday and got £38 cashback from Chase (pretty much immediately) and £46 pending from Quidco. Big result in my eyes and definitely worth a bit of swapping around from my Barclays account to the Chase account.

silvercue

jbrassy said:

The Crypto.com card you refer to is not a conventional cashback card since the cashback is paid in the CRO cryptocurrency. The value of CRO could fluctuate significantly over time. The cashback might be worth 3% at the point you make a purchase, but 12 months later the value of CRO might have declined to the point where it's worth only 0.5% of the initial purchase (equally, it could go in the other direction). Further, you have to stake CRO in order to get these high rates of cashback, which again might fall substantially over time at which point the net gain (taking into account the value of your initial stake and cashback) is negative.

Yes, I already use the CRO card and am staking.  The staking generates 10% value in CRO which is in addition to 3% in CRO on all purchases.  Value of CRO is much higher than when I staked, but yes there is a risk of price changes.  But market forces are present in many investments.    Anyone who invests in a CRO card and staking should really already know that though.  Cancel

silvercue

denow said:

Can also recommend Chase (although I've only been using it a week or so).

I bought our August holiday theme park tickets on Monday and got £38 cashback from Chase (pretty much immediately) and £46 pending from Quidco. Big result in my eyes and definitely worth a bit of swapping around from my Barclays account to the Chase account.

So do you transfer a lot of money from Barclays every month to Chase and spend from Chase to get the cashback bonus?

emmajones1976

silvercue said:

denow said:

Can also recommend Chase (although I've only been using it a week or so).

I bought our August holiday theme park tickets on Monday and got £38 cashback from Chase (pretty much immediately) and £46 pending from Quidco. Big result in my eyes and definitely worth a bit of swapping around from my Barclays account to the Chase account.

So do you transfer a lot of money from Barclays every month to Chase and spend from Chase to get the cashback bonus?

I transfer my entire disposable income from my Halifax account into my Chase, just leaving enough in Halifax to pay my direct debits.  Its not difficult.

Earned £50 cashback in 3 months.

denow

emmajones1976 said:

I transfer my entire disposable income from my Halifax account into my Chase, just leaving enough in Halifax to pay my direct debits.  Its not difficult.

Earned £50 cashback in 3 months.

Yeah, that's exactly how I'm using it.

I use AceMoney to track my ins and outs and then I've just moved my disposable this month to the Chase account.

It's a nice system but if the 1% cashback ends in 12 months time I'll probably drop Chase and go back to credit cards.
 

The_Urbanite

silvercue said:

Hi,

I have used a Curve pre paid debit for a while.  I fund it form my CRO card, which I get the equivalent of 3% cashback on spend in the form of Crypto.   The Curve card gives 1% cashback too, but only for 30 days.   I am passed that period now and the card is obviously less attractive without the cashback.

So, I am looking to see if there are alternatives that give cashback, even for a limited period, and what people think of their services, reliability, apps etc and would they recommend.  

Thanks

One thing you haven’t mentioned is how much you’re willing to pay for these extra features. 

I’d recommend Curve Black or Metal, where you can continue to earn cashback for a fee. However you’ll have to spend enough to make it worthwhile. 

emmajones1976

denow said:

emmajones1976 said:

I transfer my entire disposable income from my Halifax account into my Chase, just leaving enough in Halifax to pay my direct debits.  Its not difficult.

Earned £50 cashback in 3 months.

Yeah, that's exactly how I'm using it.

I use AceMoney to track my ins and outs and then I've just moved my disposable this month to the Chase account.

It's a nice system but if the 1% cashback ends in 12 months time I'll probably drop Chase and go back to credit cards.
 

Oh aye I wont have any incentive to keep using it come the end of October as it stands, other than using abroad (the transactions seem to finalise quicker than my Monzo card)