Chase increases cashback to 2%

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82007872#Comment_82007872

To add another query, presumably the 1% cashback is not still available to those who meet the old criteria (i.e. £1.5k paid in and not 15 payments per month)? The emails and T&Cs announce this as a "new" cashback scheme but not explicit that the old regime ceases to operate, unless I've missed it (or Chase assume it is implicitly obvious!).

Newbie_John

As it's not mentioned it's probably gone. My plan is as follows:

1. End of May put £1500 to Chase, then £1000 to savings so it stays there through entire June and return £500.
2. Use Chase card as usual, and at the end of the month check how many transactions I did and then do remaining Revolut top ups.
3. Use Chase card from July at takeaways/resturants that don't accept giftcards.
4. In September review performance keeping in mind £1.9 lost interests and if close to 1% then close Chase account.

E_zroda

From a chat with a live human at Chase: The old scheme is discontinued and is replaced by the new one. So it won't be a two-tier percentage depending on which conditions you meet

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82008762#Comment_82008762

Cool, thanks for checking. This feels like Chase has finally run out of usefulness for me - can't get the top savings rate, not sure the new cashback regime is worth the hoops, and done all referrals available… time to look at other reward cards like Amex!

RedImp_2

https://forums.moneysavingexpert.com/discussion/comment/82005648#Comment_82005648

or like us weekly shop includes enough milk to last us the week 😉

la531983

https://forums.moneysavingexpert.com/discussion/comment/82009160#Comment_82009160

Why would I do that when I can buy it fresh and not have 6 day old milk in?

EarthBoy

https://forums.moneysavingexpert.com/discussion/comment/82009249#Comment_82009249

Unless you're buying it from the farm where the cow has just produced it, then it's not fresh milk; it's already several days old. Shop bought milk should easily have a use-by date of a week away, and as long as you keep it in the fridge, it tastes exactly the same up to that date. If you buy Cravendale, or a Supermarket equivalent, it will last for weeks, with no deterioration in taste.

Nebulous2

We don't have enough spare room in our fridge door for a week's worth of milk. Buy 4 or 6 pints during a weekly shop and a top-up a couple of times during the week.

surreysaver

https://forums.moneysavingexpert.com/discussion/comment/82007467#Comment_82007467

That's not what I'm on about. I'm on about the fact when Chase claim in their marketing that the £1k is across their savings accounts, you have to dig in the T&Cs that it's not all their savings accounts

HillStreetBlues

https://forums.moneysavingexpert.com/discussion/comment/82009621#Comment_82009621

Seems to have been updated on their website 2%

Hold on to your savings

And keep a total balance of £1,000 or more across your Chase saver accounts all month (excluding round-up accounts).