help paying bill on 5% cash back amex card?
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jammiev
Posts: 1,039 Forumite
in Credit cards
hi, when i am paying my bill for the above card do i pay the full amount i owe or do i minus the 5% cash back. for eg ; say i owe £100 do i pay that in full or pay just £95?
thanks
:beer:
thanks
:beer:
0
Comments
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You need to pay the full amount. The cashback is credited once a year. It will appear on your statement, so the balance of one statement per year will be reduced by the cashback amount. I think it is on the month that you opened the card that it gets credited.0
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hi, when i am paying my bill for the above card do i pay the full amount i owe or do i minus the 5% cash back. for eg ; say i owe £100 do i pay that in full or pay just £95?
thanks
:beer:
pay the full amount.
the 5% cashback is added to your account once a year (on the first anniversary i believe)
also might want to consider setting a direct debit
Jig0
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