Chase Cash back, Not the whole story?

ade916

Just got my Chase card. Ordered it for the cash back. My Lloyds CC is 1/2% ..... Bit disappointed though seem even though i put the £500 in a cpl of days ago. I cant get cash back until a month has passed. Or have i read it all wrong... Happy to be corrected . Cheers.

Martico

To qualify for, e.g., cashback in June, you need to have deposited a min amount (£400? Not sure) in May. Then it's immediate / next day. But you need to qualify each month

TheBanker

If you've got a new Chase account, I think you qualify for cashback automatically for the first year. If you scroll to the bottom of the Chase app there is a section called Rewards which should explain what offers you qualify for. If you make purchases which qualify, the cashback appears here. It stays 'pending' for a couple of days, then you can transfer it to one of your other accounts. 

When the first year is over, you have to pay in £500 per month which qualifies you for cashback the following month. E.g. if you paid in £500 in May, then you'd qualify for June cashback. If you forgot to pay the £500 in during May then there's no way to qualify as payments during June qualify you for July cashback. When your first year is ending, they should send a notification through the app to tell you what you need to pay in and when to continue to earn cashback. 

ade916

Thanks Gents....Understood

Brie

Gents?  Who says they are???  Not even obvious to me if they are men.

Martico

I am indeed a man-gent