Chase new 1% cash back offer from 1st March 2024

WillPS

With the news of the Avios -> Nectar devaluation, my 'hierarchy' will be:

1. Santander Edge (presuming I'm accepted for it) for the first £750/month spend; effectively 1.6% cashback
   
2. Nectar Amex; effectively 1%*, if merchant accepts Amex
   
3. Natwest Reward CC if directly at a 'supermarket' (1%) or Barclaycard Avios if not (0.5% via Nectar)

*there's a £30 annual fee which means our effective rate is more like 0.8-0.9%, but the reality is this is my wife's longest held and only open credit card, which means that even if we didn't use it any more we'd still be keeping the account for the time being in order to keep her credit report healthy until we get a mortgage.

danco

For Santander Edge you need a Santander current account. I think this can be their Everyday Account (fee free, limited benefits) or the Santander Edge Current Account. The Edge current account has a fee of £3 a month. Is this in addition to the fee for the Edge credit card? I assume so. And does one have to pay the Edge credit card from a Santander account? I don't plan on changing my main account from my present provider, so would prfer not to have to pay the credit card from a Santander account.

friolento

danco said:

For Santander Edge you need a Santander current account. I think this can be their Everyday Account (fee free, limited benefits) or the Santander Edge Current Account. The Edge current account has a fee of £3 a month. Is this in addition to the fee for the Edge credit card? I assume so. And does one have to pay the Edge credit card from a Santander account? I don't plan on changing my main account from my present provider, so would prfer not to have to pay the credit card from a Santander account.

Yep, the Edge current account fee is in addition to the Edge CC fee. But you don't need it for the Edge CC, and you can avoid the Edge current account fee if you do not use that current account. The only reasons to have that current account would be if you want the cashback (in which case you'd have to pay the monthly fee), or if you want to use the Edge Saver (which you can have without paying the Edge current account fee).

You can pay the Edge CC from any current account.

WillPS

friolento said:

You can pay the Edge CC from any current account.

They also accept debit card payments... handy for Halifax £5 rewards.

Dan83

If I pay money out with PayPal friends and family, will I still get cash back?

crumpet_man

Dan83 said:

If I pay money out with PayPal friends and family, will I still get cash back?

One person has reported it worked while several others reported it did not work.

crumpet_man

ccluedo said:

crumpet_man said:

Dan83 said:

If I pay money out with PayPal friends and family, will I still get cash back?

Some people have reported it worked while others reported it did not work.

I've only seen one person say it works......

You are correct, I have edited my post.

baser999

Still not received notice of any change to the terms of my cashback. Pay in £500 to current account to qualify for April. However I have been advised offer expires 31 May 

eastcorkram

baser999 said:

Still not received notice of any change to the terms of my cashback. Pay in £500 to current account to qualify for April. However I have been advised offer expires 31 May 

Mine is the same. I think it's just down to when the account was opened. I had one year of no pay in requirements, and have one month left of the £500 pay in. 

sterycop

I haven’t bothered for a while with Chase as they have so many exclusions and I find it easier / more productive/ profitable to spend with a cashback credit card, anyway