Looking for a 1% cashback visa/master credit card.

Without a hint of irony, "Stephen Burke" astounded uk.finance on 09 Feb 2004 by announcing:

How does that work then?

Obvious, innit?

Spend £10k on the 1% card and get £100 to spend at Homebase. Spend £10k on a 0.5% card and get £50 to spend at somewhere cheaper.

Without a hint of irony, Ronald Raygun astounded uk.finance on 10 Feb 2004 by announcing:

Erm, it wasn't initially :-p

But now it is. Thanks.

Still nowhere near as good as spending 10k on a Tesco card and getting up to at least* 400 to spend at many places.

*1% 'cashback' in Clubcard points. These can be spent in store. Or, you can trade them in for deals at twice their value - making 2% 'cashback'. Or, if you spend an average of at least 60 at Tesco, you qualify for Premium deals which doubles the value again making 4% 'cashback'. Additionally, you get 1.5 points per pound spent in Tesco (and IIRC some partners) using a Tesco credit card. This would effectively give you up to 6% 'cashback' for some transactions.

And no, I don't have one as I prefer the real cashback on my Amex.

Well, it must say something different to their web site:

"On every purchase you'll earn 1 point for every £2 you spend, and that's on top of all the points you're earning on your weekly shopping at Tesco stores."

Clubcard points are worth 1p (unlike Sainsburys where they try to fool you by giving twice as many points worth 0.5p :) and unless I'm going totally crazy

1p per £2 is 0.5%!

True, but I generally don't find the deals all that worthwhile - even for things I might use I'm not likely to know in advance that I might want e.g. to eat at a particular restaurant. YMMV. If you want the airmiles it is a pretty good deal, but as I say I'm not sure that in an easyjet age they are that brilliant (I went from Luton to Edinburgh and back with easyjet last week for about £40).

You don't work in advertising by any chance - "up to at least"?! Like one premium bond can win you up to at least a million pounds :) What you get is £50-worth of vouchers which are effectively cash. You can also exchange them for specific other things which may be worth more, assuming you were already going to buy them at the full price.

I think you've missed the point. You get 0.5% cashback (not 1%) for using the credit card, and if you buy things from Tesco you get another 1% *instead of* the points which would otherwise go on a normal clubcard, which are 1% anyway.

Isn't there an annual fee on that?

Without a hint of irony, "Stephen Burke" astounded uk.finance on 10 Feb 2004 by announcing:

Hence my attempted explanation.

Indeed so.

Oh well. It's still up to 6% for Tesco purchases then. :-p

Nope. Amex Platinum credit card, not the charge card. Up to 2% cashback (and no 'at least' this time)

In a sense, but 2/3 of it you would get with any credit card (or indeed cash). Actually you did provoke me to look at what the current deals are, and the RAC membership might be useful, I currently have cover that came with the car but it runs out in March.

At most! Actually I recently got a mail shot for it, but I didn't really look at it - I notice that the main body just says "up to 2% money back" with the "up to" bit only explained in the (very) small print. (Hmm, it also says I'm one of the first to be offered it, so how come you already have one? :) How many places actually take amex?

Without a hint of irony, "Stephen Burke" astounded uk.finance on 10 Feb 2004 by announcing:

I do believe I was told the same thing... My first transaction was 25th Feb last year.

Many places take Amex these days. Garages, supermarkets, Amazon, Direct Line... Over 60% of my annual CC spend is on Amex, the VISA's used for the non-Amex merchants (my main ones being car dealership, Domino's Pizza, football)

And even though it's "up to" it's not as bad as that implies. An annual spend of 2k will get you a tenner. 5k will get you 40. 10k will get you

140 back. My 8500 this year should be getting me 110 this month.

Has anyone else just got the MorganStanley "Special Offer for you"?

Came in post today - the offer is "up to ** 2% ** Cashback" for purchases in February & March.

Sounds good - but check the smallprint. Really it is (only) "double bonus"; ie you get 2% *only* if you are still below your 2,000 spend during your current "bonus year". As I've already spent over 2,000 this (bonus) year, and my new bonus year doesn't start until after March, the maximum this offer could be to me is only 1% - and even though they say "SPECIAL offer for *YOU*", they headline the offer as "(up to) 2% Cashback"!! Utter rubbish!!! :-(

Well, to their credit, they don't say "up to at least".

So they don't actually bother to tell you until a quarter of the way in!

"Stephen Burke" wrote

Yeh - that was another "little niggle"! [Altho' presumably they'll still apply the double-rate to the purchases made in last couple of weeks as well; but if I had known earlier I may have considered spending more on the card!]