Best way to buy a £500 TV? Credit cards?

fimonkey

Hi All,

Not sure where this post should go, but hopefully enough of you here will have advice.

i've saved £500 to buy a new flatscreen TV, and wonder how the best way to maximise cashback/points would be?

My thoughts are a credit card as then I'll get extra payment protection should the TV fail: PLus I donlt have a quidco account, or pigsback, and don't really want the hassle of opening one, so my thoughts are:

1.Nectar credit card, that gives 5000 points for £200 spent, then pay this off.

2. A credit card with 1 % cash back offer

Also looking to buy the TV online so hopefully make a saving there. Anyone got advice on best sites to visit?

Thanks in advance

Poppycat

You also have protection with debit cards particularly Visa ones

Use a cashback site that pays maximum cashback like Quidco or Topcashback, it inst a hassle and you soon reap the rewards

You could use certain cards that pay cashback I suppose

Also dont forget you can get vouchers for % off for using certain shops like Currys or John Lewis JL sometimes will price match within a certain rasius I believe and offer 2 year warranty

Shop around using the many shop bots like Pricerunner, Kelkoo

Do you research on what tv you want. I think if its main tv I pay more for a branded one like Samsung, Philips, Sony etc

moonrakerz

Poppycat wrote: »

You also have protection with debit cards particularly Visa ones

You have no legal rights to protection under the Consumer Credit Act when using a debit card.
Any protection offered by the individual bank concerned is on a "goodwill" basis only and is also nothing to do with Visa.

I never buy consumer goods on my debit card, it only gets used in ATMs, supermarkets when I want cash-back and a few (mainly Gov't) websites that don't take credit cards.

Poppycat

You do have protection but not under the consumer credit act you have chargeback, see below. I never stated it was a legal right under the consumer credit act

http://news.bbc.co.uk/1/hi/programmes/working_lunch/7347146.stm

However, many people do not realise that there is a similar system to protect them when using some debit cards.
It is a process called chargeback and it applies to bank account cards operated by Visa.

Customers can ask for a Visa chargeback from their bank if the goods they receive are damaged, do not arrive, or if they do not get the service paid for.

moonrakerz wrote: »

You have no legal rights to protection under the Consumer Credit Act when using a debit card.
Any protection offered by the individual bank concerned is on a "goodwill" basis only and is also nothing to do with Visa.

I never buy consumer goods on my debit card, it only gets used in ATMs, supermarkets when I want cash-back and a few (mainly Gov't) websites that don't take credit cards.

moonrakerz

moonrakerz wrote: »

You have no legal rights to protection under the Consumer Credit Act when using a debit card.
Any protection offered by the individual bank concerned is on a "goodwill" basis only

I stand by my original statement - and I note this "protection" is only valid for 120 days after the transaction.

Poppycat

Well we are both right, yes you have more protection under consumer credit act but you also have protection for up to 120 days using a Visa debt card. It does at least give you some rights if the goods dont turn up, or are damaged.

My previous comments are valid and that you do have some protection

fimonkey

Thanks guys,

I can't use Quidco as it means downloading a different internet browser to my computer, but I only use my work computer and I don't have admin rights... so really just looking at credit card deals.

I wondered about the new nectar card run by American Express, as I collect Nectar points. But can this card be used in Sainsburys supermarkets (cos its American Express)? Spending £200 on this gives 5000 nectar points (about £25?) so it gives more than 10% back. Is this the best deal do you think?

Cheers

alwaysonthego_2

I would use a credit card for extra protection under the credit consumer act