Santander Amazon opening offer x2

friolento

TheMod1 said:

friolento said:

TheMod1 said:

friolento said:

TheMod1 said:

s71hj said:

TheMod1 said:

wmb194 said:

TheMod1 said:

s71hj said:

TheMod1 said:

trickydicky14 said:

TheMod1 said:

Nice will apply via topcashback for an extra £20 cashback and go for the free everyday current account.

Then will make 30 x £1 payments to my Premium Bonds

I hope you are sure paying to your premium bonds will work, others have reservations on that one. It may well have to be purchases and not just transfers.

It has worked before as still classed as a purchase, also could use it to pay off my credit card as Be Clever With Your Cash have suggested

Have Santander had this offer before and it's worked? I know it did with TSB and Halifax Reward in terms of meeting their criteria but  eg Chase are much more tightly defined 

The T&Cs just state the below, seems like any transaction paid by debit card so premium bonds appears to be fine.

A debit card transaction includes any card purchase (including contactless, physical and online purchases) in any currency. Transfers and payments made by direct debit are not included.

A transfer to bank isn't a purchase, though.

Edit: NS&I appears to sometimes slip through the cracks as IIRC its MCC classifies it as, "government services" and not a bank transfer.

Yeah that's the point NS&I is not classed as a transfer to a bank it is classed as "Government services not classed elsewhere," hence a purchase.

Is payments to Skipton, Hanley BS etc classed as the same? 

I'm not sure about them as I don't bank with them. I would think they would be a transfer to a bank.

Do a test £1 payment via debit card and check the transaction details in your banking app and it should state what it is classes as.

I don't believe your Santander transaction list will state what they treat it as, or list the Merchant Code. Not that we know which Merchant Codes are eligible.......

Buying singleton bananas / apples / pears / bottles of water etc etc is a safe bet, and nobody ever blinks an eyelid when I routinely do this on the slef checkouts in Aldi or Waitrose or COOP after I have finished my daily gym session. 

If Santander doesn't show it then you can use another bank and check the transaction. The Merchant Code is fixed and doesn't change based on what bank you use.

Which bank would you recommend for this?

Who do you bank with?

That's not answering the question.

TheMod1

friolento said:

TheMod1 said:

friolento said:

TheMod1 said:

friolento said:

TheMod1 said:

s71hj said:

TheMod1 said:

wmb194 said:

TheMod1 said:

s71hj said:

TheMod1 said:

trickydicky14 said:

TheMod1 said:

Nice will apply via topcashback for an extra £20 cashback and go for the free everyday current account.

Then will make 30 x £1 payments to my Premium Bonds

I hope you are sure paying to your premium bonds will work, others have reservations on that one. It may well have to be purchases and not just transfers.

It has worked before as still classed as a purchase, also could use it to pay off my credit card as Be Clever With Your Cash have suggested

Have Santander had this offer before and it's worked? I know it did with TSB and Halifax Reward in terms of meeting their criteria but  eg Chase are much more tightly defined 

The T&Cs just state the below, seems like any transaction paid by debit card so premium bonds appears to be fine.

A debit card transaction includes any card purchase (including contactless, physical and online purchases) in any currency. Transfers and payments made by direct debit are not included.

A transfer to bank isn't a purchase, though.

Edit: NS&I appears to sometimes slip through the cracks as IIRC its MCC classifies it as, "government services" and not a bank transfer.

Yeah that's the point NS&I is not classed as a transfer to a bank it is classed as "Government services not classed elsewhere," hence a purchase.

Is payments to Skipton, Hanley BS etc classed as the same? 

I'm not sure about them as I don't bank with them. I would think they would be a transfer to a bank.

Do a test £1 payment via debit card and check the transaction details in your banking app and it should state what it is classes as.

I don't believe your Santander transaction list will state what they treat it as, or list the Merchant Code. Not that we know which Merchant Codes are eligible.......

Buying singleton bananas / apples / pears / bottles of water etc etc is a safe bet, and nobody ever blinks an eyelid when I routinely do this on the slef checkouts in Aldi or Waitrose or COOP after I have finished my daily gym session. 

If Santander doesn't show it then you can use another bank and check the transaction. The Merchant Code is fixed and doesn't change based on what bank you use.

Which bank would you recommend for this?

Who do you bank with?

That's not answering the question.

Huh I am trying to help you so if you tell me what banks you bank with I can then confirm if it is the same bank that I bank with and then let you know.

Or am I misunderstanding that you don't actually want help, but instead don't believe me.

Either way it's a strange response when you are supposedly asking for help.

friolento

Your recommendation for banks who show the MCC for debit card spends is entirely independent of the bank accounts I have. The information should also be of use for many others reading this thread, which makes it doubly irrelevant which banks I have current accounts with.

TheMod1

friolento said:

Your recommendation for banks who show the MCC for debit card spends is entirely independent of the bank accounts I have. The information should also be of use for many others reading this thread, which makes it doubly irrelevant which banks I have current accounts with.

No it doesn't because I don't have an extensive list of every bank that shows it. 

Also are you asking because you honestly think I'm making up that banks show the MCC details for DC transactions? 

danny13579

TheMod1 said:

Huh I am trying to help you so if you tell me what banks you bank with I can then confirm if it is the same bank that I bank with and then let you know.

May I ask what bank you bank with?

Matt17

Do Google Pay transactions count? 

spud

Hi. I’ve just applied through TopCashback. I didn’t see anything about the promotion throughout the application (apart from a note in TopCashback about it). 

Does that sound correct?

wmb194

TheMod1 said:

friolento said:

Your recommendation for banks who show the MCC for debit card spends is entirely independent of the bank accounts I have. The information should also be of use for many others reading this thread, which makes it doubly irrelevant which banks I have current accounts with.

No it doesn't because I don't have an extensive list of every bank that shows it. 

Also are you asking because you honestly think I'm making up that banks show the MCC details for DC transactions? 

Banks that show MCC codes.

I'm interested in this as well but like, I'm guessing, Friolento I have almost every current account with every UK bank. Probably the only ones I don't have are the postcode restricted ones i.e., Cumberland and the NI banks and exclusive ones like Standard Chartered. 

friolento

wmb194 said:

TheMod1 said:

friolento said:

Your recommendation for banks who show the MCC for debit card spends is entirely independent of the bank accounts I have. The information should also be of use for many others reading this thread, which makes it doubly irrelevant which banks I have current accounts with.

No it doesn't because I don't have an extensive list of every bank that shows it. 

Also are you asking because you honestly think I'm making up that banks show the MCC details for DC transactions? 

Banks that show MCC codes.

I'm interested in this as well but like, I'm guessing, Friolento I have almost every current account with every UK bank. Probably the only ones I don't have are the postcode restricted ones i.e., Cumberland and the NI banks and exclusive ones like Standard Chartered. 

Your guess is correct. Though whether a bank shows MCC codes clearly doesn't depend on where any of us has accounts.

To make the discussion more constructive, I have consulted CHATGPT. Not that it helps a lot, however.


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which uk banks show mcc codes for debit card transactions

ChatGPT said:

In the UK, most banks and financial institutions provide MCC (Merchant Category Codes) for debit card transactions, but not all of them make it easy to access or display this information directly. Typically, MCC codes are used to categorize the type of business or merchant where the transaction took place (e.g., restaurants, retail, travel).

Here's a general overview of UK banks and what they might offer in terms of MCC codes:

1. Barclays Bank

• Barclays shows MCC codes on transaction descriptions through their online banking platform and mobile app. However, it may not be immediately visible on every account or may require a more detailed statement view.

2. HSBC

• HSBC provides MCC codes for certain types of transactions, especially when you're using their business banking services. They also provide detailed transaction breakdowns that could include MCC codes for debit card transactions.

3. Lloyds Bank

• Lloyds does include MCC codes on detailed transaction reports, but it’s not always shown on the standard mobile banking interface. For more granular details, you'd likely need to access the transaction history via their online banking portal.

4. NatWest

• NatWest provides MCC codes through the bank’s transaction export features, typically for business accounts. You might need to look at the downloadable CSV or PDF reports to see the codes, as they may not show directly on the app.

5. Santander

• Santander includes MCC codes on business and corporate accounts, especially in exported statements. They may not display this information directly in the app for personal accounts.

6. Monzo & Starling (Neobanks)

• Monzo and Starling (both digital banks) are known to offer more detailed transaction data, which includes merchant categories that may reflect MCC codes. Monzo, for instance, has a feature that classifies transactions by type (e.g., food, entertainment), but it may not explicitly show the MCC code itself unless you dig deeper into the raw transaction data.

7. Revolut

• Revolut provides detailed transaction data, and some users have reported seeing merchant categories closely aligned with MCC codes. However, this depends on the type of transaction and the merchant.

Accessing MCC Codes

• Online Banking / App: Most banks will show MCC codes in detailed transaction breakdowns via online banking or in downloadable transaction history (e.g., PDF or CSV).

• Business Accounts: If you have a business account, you’re more likely to have access to detailed transaction codes (including MCCs) than with personal accounts.

• Account Statements: Some users prefer to export account statements for analysis, as this often includes the full merchant data, including MCC codes.

If you need the MCC codes for a specific use (e.g., categorizing expenses or analyzing spending), you might have to look at downloadable statements or request this information directly from the bank if it isn't immediately visible in your online banking app.

friolento

Drawn another blank by asking CHATGPT for the MCC code of the NS&I Direct Saver

 

ChatGPT said:

The MCC code for National Savings and Investments (NS&I) Direct Saver accounts is likely to be in the "Financial Institutions" category. The most common MCC code for savings accounts and financial services like NS&I is:

• MCC 6012 – Financial Institutions - Deposit Taking

This code is used for transactions with financial institutions, including savings accounts, investment accounts, and similar services. When you make a deposit or transaction related to your NS&I Direct Saver account, it would typically fall under this category.

If you’re looking at a specific transaction and trying to confirm the exact MCC code, it’s worth checking your bank's transaction details or asking them directly, as the MCC can sometimes vary slightly depending on how the transaction is processed.