Trading212 1.5% cashback on spending

pecunianonolet

Hi,

Just seen that trading offers 1.5% cashback on debit card spending up to a max of £20.

Has anyone tried if this works with the usual suspects e.g. buying premium bonds with NS&I or even to use the virtual debit card to pay in some cash to a building society e.g. Skipton?

Could be an easy £20 if that works so wondering if anyone has tried or any success stories to share? 

List of exclusions is long so guess it won't work but I have no idea what code NS&I is using, which would answer if it may or may not work.

https://becleverwithyourcash.com/trading-212-card-review/

https://helpcentre.trading212.com/hc/en-us/articles/17862038991389-Excluded-merchants-for-cashback

wiseonesomeofthetime

Only till 1 Jan 2025 from what I've seen and similar exclusion to Chase.

Financial institutions pretty much covered in their exclusion list imo

crumpet_man

Doesn't work with NSI etc, same as for Chase.  

Also cannot use it in the post office even to pay for postage.

sausage_time

I've been using the virtual card in Google Pay for retailers that don't take my Amex cashback card, cashback is paid within a few days.  I'll move back to Chase for 1% after 1st Jan though.

slinger2

Trading212 are offering 1.5% cashback on their debit card for 2 months (until 28 June) instead of the usual 0.5%. Max cashback £20 per month. Bit restrictive since you have to turn on "invest cashback" for one of your "pots". Your cashback is then invested in that pot.

sausage_time

slinger2 said:

Trading212 are offering 1.5% cashback on their debit card for 2 months (until 28 June) instead of the usual 0.5%. Max cashback £20 per month. Bit restrictive since you have to turn on "invest cashback" for one of your "pots". Your cashback is then invested in that pot.

Where are you seeing that offer @slinger2?  I'm just seeing the standard 0.5%.

slinger2

sausage_time said:

slinger2 said:

Trading212 are offering 1.5% cashback on their debit card for 2 months (until 28 June) instead of the usual 0.5%. Max cashback £20 per month. Bit restrictive since you have to turn on "invest cashback" for one of your "pots". Your cashback is then invested in that pot.

Where are you seeing that offer @slinger2?  I'm just seeing the standard 0.5%.

Just comes up when I open the app. "invest" account

surreysaver

How do you get a debit card? I really don't understand their app, it is not at all intuitive to use

wiseonesomeofthetime

slinger2 said:

Trading212 are offering 1.5% cashback on their debit card for 2 months (until 28 June) instead of the usual 0.5%. Max cashback £20 per month. Bit restrictive since you have to turn on "invest cashback" for one of your "pots". Your cashback is then invested in that pot.

Mine makes no reference to investing the cashback.

There was just an Earn Cashback button, that I pressed, and it said congratulations. No T&C of the offer.

danny13579

Still 0.5% for me! 

wiseonesomeofthetime

Despite clicking to opt in to the 1.5% cashback, my app screen suggests I'm still at 0.5%, so who knows if it's increased, unless I find it and test it out 🤷‍♂️