What cash back credit card?
Discussion
Can anyone recommend a good credit card (no annual fee) offering cash back on purchases? I primarily use my credit card for food shopping, fuel and buying too many CDs from Amazon. I always pay the full balance off each month so don’t have any real concerns about APR’s and as far as I know I have a good credit rating.
As background, I have been using a Lloyds Amex/Mastercard combo that gives me Airmiles in reward for purchases. I had originally intended to keep saving these up until I had enough for a return flight to Australia but Airmiles have recently advised that they are changing to something called Avios in November. I’ve found understanding the method of rewarding that will take over when it changes to Avios a little difficult but have concluded that, unsurprisingly, the new system is significantly worse than the old one. The upshot of this being my decision to knock my current credit card combo on the head and look for a new one with a better reward system. I’ve used all but 35 of my Airmiles on a number of Christmas flights and car hire.
As background, I have been using a Lloyds Amex/Mastercard combo that gives me Airmiles in reward for purchases. I had originally intended to keep saving these up until I had enough for a return flight to Australia but Airmiles have recently advised that they are changing to something called Avios in November. I’ve found understanding the method of rewarding that will take over when it changes to Avios a little difficult but have concluded that, unsurprisingly, the new system is significantly worse than the old one. The upshot of this being my decision to knock my current credit card combo on the head and look for a new one with a better reward system. I’ve used all but 35 of my Airmiles on a number of Christmas flights and car hire.
Current list of all the good ones. Discussed the benefits and failings of each.
http://www.moneysavingexpert.com/cards/cashback-cr...
http://www.moneysavingexpert.com/cards/cashback-cr...
jj333 said:
Max £100. That's a spend of £909. Nothing more after that. i use Amex Platinum. think it was 5% for the first 3 months or till you hit £100, (which i did rather quickly as i use mine for everything where possible).. after which it then drops to 1.25% i think. only had mine 3 months but already racked up nearly £130 cashback.. think you have to wait till year end to get your money tho..
im not sure if there is a £25/year charge for the card though, ive seen on Amex site they charge that but i did it from a link and didnt see a yearly charge listed.. i may have just missed it though, but its paid for itslef rather quickly anyway.
deffo dont want to miss a payment though, im sure it was some ridiculous 20% APR or something?, but i just pay in full via my iphone app, which is really good!.. for the first time im actually able to track what i spend..
im normally pretty lazy about such stuff.
It takes about 2 clicks and 30 seconds to pay my bill via that phone app as well.
im not sure if there is a £25/year charge for the card though, ive seen on Amex site they charge that but i did it from a link and didnt see a yearly charge listed.. i may have just missed it though, but its paid for itslef rather quickly anyway.
deffo dont want to miss a payment though, im sure it was some ridiculous 20% APR or something?, but i just pay in full via my iphone app, which is really good!.. for the first time im actually able to track what i spend..
im normally pretty lazy about such stuff.It takes about 2 clicks and 30 seconds to pay my bill via that phone app as well.
I was going to suggest the AA Credit Card Rewards plus, 3% cashback on fuel purchases, 0.5% on everything else, but it's now over subscribed http://www.theaa.com/credit-card/rewards-plus-cred...
This was through MBNA so I'm sure another company will be offering a similar deal soon.
AA incidentally are offereing another reward card, but gives you points that you have to redeem, might be worth looking into.
This was through MBNA so I'm sure another company will be offering a similar deal soon.
AA incidentally are offereing another reward card, but gives you points that you have to redeem, might be worth looking into.
Gassing Station | Finance | Top of Page | What's New | My Stuff