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    TSB offer contactless cashback

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    papa_umau
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    TSB offer contactless cashback

    Post by papa_umau on Thu 10 Sep 2015, 11:53 am

    TSB offers contactless cashback

    Bank’s account holders can earn up to £60 a year for ‘wave and pay’ using debit cards.

    By Rupert Jones of The Guardian:

    Bank customers can earn up to £60 a year from their contactless card payments after TSB launched a cashback deal on its most popular current account.

    Twenty-four hours after the UK’s contactless card payment limit rose from £20 to £30, TSB said it would give its Classic Plus account holders 5% cashback on the first £100 of “wave and pay” purchases made each month using their debit card.

    That is on top of the 5% interest customers can already earn on balances of up to £2,000 – a perk worth £97.80 a year.

    Find out more about this offer HERE




    There you have it folks, the Classic Plus TSB current account sounds like a very good deal.

    Might be worth having a look at it by going HERE

    I am certainly going to look into this as it has been given a five star rating by Defaqto.


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    zathrus
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    Re: TSB offer contactless cashback

    Post by zathrus on Fri 11 Sep 2015, 1:33 pm

    If that is truly a market leader then we will see the other banks following suit very soon afterwards.
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    papa_umau
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    Re: TSB offer contactless cashback

    Post by papa_umau on Sat 12 Sep 2015, 12:04 pm

    Sometimes it is just about swings and roundabouts as one bank will give extra in one place while the other banks give extra somewhere else.

    For instance; My bank gives a £5.00 "reward" every month into my current account so long as it stays in credit, and that adds up to £60.00 a year added to my account even although my AER interest is negligible.

    What I don't like is that my Online Savings Aaccount interest is outrageously low. Something like 0.08 %

    I have written to my bank and I will report what their reply is.


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    Hell's Granny
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    Re: TSB offer contactless cashback

    Post by Hell's Granny on Mon 14 Sep 2015, 12:29 pm

    I refuse to use a contactless card.
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    papa_umau
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    Re: TSB offer contactless cashback

    Post by papa_umau on Mon 14 Sep 2015, 1:12 pm

    Yes, they are quite scary things to use because they make paying so easy.

    Contactless cards are used by allowing the card scanner to take the payment from your bank without anybody in the shop being able to see your name or any of your banking details.

    Actually, paying this way is safer than either using chip and pin, or even worse, giving all of your card details to online shops.

    I think people will get used to them once they are able to be used anywhere.


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