deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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I currently have 3 credit cards. However, I'm going to be reducing this down to 1 very shortly after clearing debts. The one I'll be keeping is my Virgin one. They continuously have excellent deals for purchases under £250 and over £250 and balance transfers.
My Barclaycard one is going because of shit rates and the balance transfer is paid off, so I simply don't need it.
Sainsbury's one is at £0, but I don't need it, so will just cancel it.
However now I'm working full time and have a few more continuous monthly outgoings, I was thinking of getting a cash back credit card, to earn a bit of extra cash to go towards holidays etc. I would be buying things like groceries and petrol on it, then paying off when each statement comes through.
Who has one? Anyone had any problems actually getting the 'cash back' credited to your account? Should I even bother? I don't want one of the Shell/Citi ones as there is no Shell garage near me. I was thinking the ASDA one which gives quite good rates in store and on other purchases, however you only get ASDA vouchers.
 
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Recaro1
Member
Registered: 25th Mar 02
User status: Offline
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I have a capital one mastercard one.
Had it 2 years, when i got it I it was 3% on everything for 3 months then dropped to 1%.
I put everything on it - groceries, bills, petrol, etc and pay the full off each month.
I've not had a problem getting the money. They credit your account after 12months. Think the last one I had was £140. Its not an amazing figure but £140 for doing nothing different then you normally would do on a credit card aint bad.
I know American express do one thats not bad but quite a few places dont take amex. If you go for one which gives a higher percentage for the 1st 3 months, try and time it when you know you'll be spending a lot like christmas.
I did mine when I just bought a house and had to pay for a new kitchen and bathroom.
[Edited on 20-08-2009 by Recaro1]
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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I didn't realise the percentages were so low. My monthly out goings aren't that high. I spend about £70 a month on fuel, so that's only 70p per month, it's not worth it 
[Edited on 20-08-2009 by deano87]
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AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
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I've got two, an Egg credit card which gives 1% on all spending and a Shell (Citibank) one.
The Egg is pointless as it pays so little and only gives you cashback every April so you have to wait ages to get anything back.
The Shell one gives me 1% off normal purchases and 3% off all fuel bought from a Shell station. Spend about £100 a month on diesel and probably another £100 or so on other bits and pieces so basically in the course of a year I get about £70 to £80 back. They knock cashback straight off your bill each month. Only a small amount each month, but at the end if you can say you've got a couple of tanks of fuel for free, its not too bad.
Especially when you are spending the money anyway.
The
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