Chase Cashback changing

Theleak250

cactusdust said:

I'll be ditching mine after the April change. Doesn't hurt to boycott another US company in this climate too.

Who do you bank with after?

Lee_Howden

Who has others moved to since the Chase cashback has been massively reduced?

Since they appeared in the UK, I’ve used mine mainly for my own spending away from household stuff, as this comes from a different budget. I buy very little food and drink on it (unfortunately, there’s no cashback for pints in the pub 😆). I only buy one tank of diesel per month and rail tickets for one trip into the office per week. It’s earning me minimal these days.

The spending abroad is still good, although other accounts and providers could match that.

A family member suggested switching to Monzo because it offers cashback with selected retailers. What do you think?

la531983

Lee_Howden said:

A family member suggested switching to Monzo because it offers cashback with selected retailers. What do you think?

Or, keep both accounts open, spend on Monzo for the retailers  that attracts cashback there and spend on Chase for the retailers that attract cashback there?

The Monzo list is quite small tbh and is quite niche. Currently it has 14 things listed on there, of which one is a football club (Coventry), one requires a Vodafone PAYG phone, one requires you to be hiring a car, and another requiring you to spend £200 with Samsung.

In fact the only one on Monzo which you would get on Chase also is a 2% one time cashback purchase on Lidl.

wmb194

Lee_Howden said:

Who has others moved to since the Chase cashback has been massively reduced?

Since they appeared in the UK, I’ve used mine mainly for my own spending away from household stuff, as this comes from a different budget. I buy very little food and drink on it (unfortunately, there’s no cashback for pints in the pub 😆). I only buy one tank of diesel per month and rail tickets for one trip into the office per week. It’s earning me minimal these days.

The spending abroad is still good, although other accounts and providers could match that.

A family member suggested switching to Monzo because it offers cashback with selected retailers. What do you think?

Trading212. Usually 0.5% cashback with a few exceptions. Has a promotion for 1.5% but it ends at the beginning of September.

https://www.trading212.com/cards

ZeroSum

Lee_Howden said:

Who has others moved to since the Chase cashback has been massively reduced?

Since they appeared in the UK, I’ve used mine mainly for my own spending away from household stuff, as this comes from a different budget. I buy very little food and drink on it (unfortunately, there’s no cashback for pints in the pub 😆). I only buy one tank of diesel per month and rail tickets for one trip into the office per week. It’s earning me minimal these days.

The spending abroad is still good, although other accounts and providers could match that.

A family member suggested switching to Monzo because it offers cashback with selected retailers. What do you think?

I'll still keep mine just for bits & bobs I get from Aldi as the shop is just a 5 min walk from my house. For other stuff I'll probably use my cashback Barclaycard more as its 0.5% on everything. Also do some stoozing in higher value transaction which gives a greater return anyway.

Neil_Jones

I still use Chase for food shopping and fuel, as these are sort of things I have to buy anyway.

I have a legacy Aqua Credit Reward card which AFAIK still pays 0.5% cashback on everything I shove through it, though I believe this stopped being offered a while back to new customers on this account.

VXman

Lee_Howden said:

Who has others moved to since the Chase cashback has been massively reduced?

No need to move. We use Chase when we are using retailers that give the cashback. (We use another bank account as our main account anyway.)

Other times we use Barclaycard reward credit card (only 0.25% cashback but better than nothing) We use the BC abroad too, with chase as a back up should BC not work.