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

ccluedo

mustardtree6 said:

brucefan_2 said:

morgmonster said:

Off to try the paypal F&F idea now to see if I can sneak in some more cashback for february... happy Leap day!

@morgmonster

 Please report back if this works

Doesn't work.  In the chase app says "this purchase won't earn cashback"

Same message I got. No idea how the other poster (Vulturesquad) gets it to work for them🤔

jbrassy

shadewood_mole said:

I see that in the new T&Cs for the everyday cashback (which wasn't in the previous version) that there is the following: " If we suspect you are abusing this reward you will stop earning cashback and we may close your account. "  Have Chase confirmed that all these in & out transfers to make the £1500 trigger will not be considered abuse?

So I've been transferring in £600 and £500 back the next day every month for the past year. Changed the standing orders the other day to £1600 in and £1500 back (qualified for April cashback this morning). I have not been informed by Chase that I am abusing their T&Cs. I honestly think it's fine.

TheBanker

I've been transferring £500 to my Chase account every month to qualify for cashback. I then transfer £400 to the Chase Savings account and use the Chase debit card for spending. I top the current account up from the savings account when it runs low. I could get a better savings rate, but it's not worth it on such a small balance, and it makes it really easy to top up the Chase current account.

I also have the Natwest Reward Credit Card which pays 1% cashback on supermarket spend, so I use that for Supermarkets and Chase for any other qualifying purchases (unless I think I need S75 cover in which case I use the Natwest card). 

I've also now got the Santander Edge Credit Card which pays 2% cashback on up to £750 of spending each month. I think now I've got this card, and given the new pay-in requirements, I'll probably give Chase a miss. 

Zopa_Trooper

TheBanker said:

I've been transferring £500 to my Chase account every month to qualify for cashback. I then transfer £400 to the Chase Savings account and use the Chase debit card for spending. I top the current account up from the savings account when it runs low. I could get a better savings rate, but it's not worth it on such a small balance, and it makes it really easy to top up the Chase current account.

I also have the Natwest Reward Credit Card which pays 1% cashback on supermarket spend, so I use that for Supermarkets and Chase for any other qualifying purchases (unless I think I need S75 cover in which case I use the Natwest card). 

I've also now got the Santander Edge Credit Card which pays 2% cashback on up to £750 of spending each month. I think now I've got this card, and given the new pay-in requirements, I'll probably give Chase a miss. 

Thanks for this, I'd missed it and it isn't shown on the MSE "Credit Rewards" which is surprising. With the £3 fee your looking at £12 a month "Reward", not bad for £750 spend.

huw01

Markc0011 said:

Chase are sods. Been using my chase debit card for a succession of a few months now. And I now look today to see if any cashback on groceries. Sainsburys- nope, exclusions. Lidl- nope, exclusions apply. Coop-nope, exclusions apply.
So time to find something with a genuine cashback offer.

Not true. i get cashback at Sainsbury, Coop, Tesco and all grocery shops using chase

VXman

Glad I accidently came across this thread.  I hadn't realised this change at all. I really don't think the message on the app is good enough. You don't even see it unless you scroll down to the bottom of the page.

VXman

Vulturesquad said:

ccluedo said:

Vulturesquad said:

Fastest and easiest way to make this everymonth without spending any money is to send a friend or family payment to a emily member via PayPal and get them to send you the money back same way. No fees and 15quid made in seconds 

I've never had cashback for friends and family transactions. 

Been doing this the last few months. 
Move money into my chase account send friends and family payment to family member with PayPal using my chase card.
No fees with PayPal and receive the 1% cashback with chase. 

Nope doesn't work. Chase clearly state that paypal doesn't qualify for cashback.

Angelica123

VXman said:

Glad I accidently came across this thread.  I hadn't realised this change at all. I really don't think the message on the app is good enough. You don't even see it unless you scroll down to the bottom of the page.

I got an email as well. 

Zopa_Trooper

Got my Santander credit card so for the next year the first £750 spent each month will be on there. 2% is as good as it gets. At least at this point.

voddyman

When the "hack "is to deposit £500 into the Chase then take it back out then repeat this until you have deposited the necessary £1500 [I would leave in the last £500 in the Chase account as I use it for all my spending groceries etc],

So, can this be done all on the same day and at the same time or does it have to be over say money in one day and the money out the next and repeat until the necessary £1500 has been deposited into the Chase bank?

The reason I'm asking is as I'm a pensioner it's very rare that I would have a balance of £1500 available to transfer in/out at any given time of the month.