Chase Cashback changing

samal

That's a blow
Saving account useless, now debit card
Time to ditch Chase after 4 years

Cisco001

WillPS said:

Cisco001 said:

I had a look around, unfortunately I am unable to spot better alternative.
I already doing Groceries shopping with eGift card...

Let me know if you manage to find anything better.

Plenty of credit cards, a few of which can be used in conjunction with the discounted egift card vendors.

£5 for 'spending £500' on a Halifax Reward current account (can open up to 3). They don't care where the money is 'spent' (so savings deposits and credit card payments are fine) but it's not a % deal; spend a penny under £500 and you'll get nothing, and spending any more than £500 won't get you more than £5.

Santander Edge - no better than this on debit card cashback but cashback on some DDs as well.

Unfortunately, it is unlikely I would spend £500 on debit card every month.

Middle_of_the_Road

Cisco001 said:

WillPS said:

Cisco001 said:

I had a look around, unfortunately I am unable to spot better alternative.
I already doing Groceries shopping with eGift card...

Let me know if you manage to find anything better.

Plenty of credit cards, a few of which can be used in conjunction with the discounted egift card vendors.

£5 for 'spending £500' on a Halifax Reward current account (can open up to 3). They don't care where the money is 'spent' (so savings deposits and credit card payments are fine) but it's not a % deal; spend a penny under £500 and you'll get nothing, and spending any more than £500 won't get you more than £5.

Santander Edge - no better than this on debit card cashback but cashback on some DDs as well.

Unfortunately, it is unlikely I would spend £500 on debit card every month.

One card deposit to a savings account is all that's needed.

grumpy_codger

WillPS said:

Cisco001 said:

I had a look around, unfortunately I am unable to spot better alternative.
I already doing Groceries shopping with eGift card...

Let me know if you manage to find anything better.

£5 for 'spending £500' on a Halifax Reward current account (can open up to 3). They don't care where the money is 'spent' (so savings deposits and credit card payments are fine) but it's not a % deal; spend a penny under £500 and you'll get nothing, and spending any more than £500 won't get you more than £5.

.

That's not an 'alternative' as you can get this fiver regardless, without any real 'spending'.

n15h

For me, the appeal of Chase being my main daily spend a/c will be gone when the new cashback rules take effect.
I'll go back to using Santander 123 credit card which gives cashback of 1% on supermarkets and 3% cashback on petrol stations/train travel, and wont need to transfer in/out £1500 every month.
Will just keep the Chase a/c as a back up with a few ££ balance in case they improve their savings/cashback rates in future.

Ballard

I only use the account when overseas so from 7/4 it’ll just be one of my overseas accounts. It’s a shame, but not a massive deal. 

Luckily I’m going on holiday in a fortnight and return 4th April so I’ll get one more cashback trip squeezed in. 

Cisco001

Middle_of_the_Road said:

Cisco001 said:

WillPS said:

Cisco001 said:

I had a look around, unfortunately I am unable to spot better alternative.
I already doing Groceries shopping with eGift card...

Let me know if you manage to find anything better.

Plenty of credit cards, a few of which can be used in conjunction with the discounted egift card vendors.

£5 for 'spending £500' on a Halifax Reward current account (can open up to 3). They don't care where the money is 'spent' (so savings deposits and credit card payments are fine) but it's not a % deal; spend a penny under £500 and you'll get nothing, and spending any more than £500 won't get you more than £5.

Santander Edge - no better than this on debit card cashback but cashback on some DDs as well.

Unfortunately, it is unlikely I would spend £500 on debit card every month.

One card deposit to a savings account is all that's needed.

which bank do debit card deposit to saving?
Every bank I come across is with bank transfer with sort code and bank account.

RedImp_2

Not enough to make me ditch them but I currently buy sporting tickets and stuff on them plus eating out so that will stop.  (Using them not the eating !)

grumpy_codger

Cisco001 said:

Middle_of_the_Road said:

Cisco001 said:

WillPS said:

Cisco001 said:

I had a look around, unfortunately I am unable to spot better alternative.
I already doing Groceries shopping with eGift card...

Let me know if you manage to find anything better.

Plenty of credit cards, a few of which can be used in conjunction with the discounted egift card vendors.

£5 for 'spending £500' on a Halifax Reward current account (can open up to 3). They don't care where the money is 'spent' (so savings deposits and credit card payments are fine) but it's not a % deal; spend a penny under £500 and you'll get nothing, and spending any more than £500 won't get you more than £5.

Santander Edge - no better than this on debit card cashback but cashback on some DDs as well.

Unfortunately, it is unlikely I would spend £500 on debit card every month.

One card deposit to a savings account is all that's needed.

which bank do debit card deposit to saving?
Every bank I come across is with bank transfer with sort code and bank account.

>> Savings/investment DDs and debit card deposits- An updated list

MSE_Molly_G

Hi all, we've published a news story on this change: Martin Lewis: Chase customer? Bad news – it's slashing its 1% cashback offering. Thanks!