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Chase debit card cashback limit

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lordsainsbury
lordsainsbury Posts: 15 Forumite
Tenth Anniversary First Post Combo Breaker
edited 30 May 2023 at 12:49PM in Budgeting & bank accounts
Hello,

I have a Chase debit card and am now at the point where the cashback is limited to £15/month. However, this month I have earned just over £15 and they haven't capped it. 

Has anyone else had experience of this? I'm wondering if they will cap a future month's cashback to compensate somehow. 

Thanks

Comments

  • coyrls
    coyrls Posts: 2,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 May 2023 at 5:54PM
    I don't think it's capped for the first year if you opened the account before they brought the cap in.

    Mine was capped last month.
  • Yes, but I have had the card over a year and have reached the point where Chase state the cashback is capped to £15/month.
    But, it seemingly hasn't been as I have earned a few pence over £15 in cashback this month. 
  • coyrls
    coyrls Posts: 2,508 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Are you sure the few pence weren't carried over from a transaction in the previous month?
  • I think so, yes.
  • sebtomato
    sebtomato Posts: 1,119 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    After one year, they capped it to £15 a month for me. Once that's reached, no more transactions are credited until the next month. App also shows that maximum has been reached (message).

    Maybe you had some refunds (and deduction of cashback) and then new transactions that messed up their calculations by a few pence.
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