Any credit cards with "reward" schemes?

[irishpancake]

Re: Any credit cards with "reward" schemes?

AIB Platinum Credit Card, see [broken link removed]

Exclusive Cash Back Awards

The Platinum Card includes a special offer of 0.5% cash back, on purchase spends over EUR5,000 (maximum EUR50,000) in a 12 month period. The cash back awards are calculated on a monthly basis and credited to your account on the statement date each month. Applies from the date the account is opened, and at the end of each 12 month period the offer will restart. Terms and conditions apply.

If you spend €50000(max) per year on the Credit Card, you will get €225 per annum, paid monthly.

Does anyone know if there are any DIRT implications for this 0.5% cash back?

 

[MugsGame]

Re: Any credit cards with "reward" schemes?

Does anyone know if there are any DIRT implications for this 0.5% cash back?

Doubt DIRT would apply, but it's an interesting question - if it's income, is it taxable in any way. Of course AIB might argue it's not income, it's a discount, or revenue sharing, or ... something!

Speaking of their platinum card, AIB allow online banking users to apply for credit cards online. Has anyone successfully applied for this card online? It's declined me and I'm not sure why (I do meet the published criteria).

 

[mik_da_man]

Re: Any credit cards with "reward" schemes?

I applied for it online fine - no probs.
It did give me quite a low limit but a quick call sorted that out

Mik

 

[Gautama]

Re: Any credit cards with "reward" schemes?

Hi Rainyday, do you find that usage of Amex Blue is restricted as it does not seem to be taken by some websites or retailers?

Ged

I have an American Express Blue Credit Card and I find it great. The rewards scheme (1%) applies to purchases only and is paid annually.
This amount covers my financial card stamp duty taxes for all cards.

I wouldn't rely on it as my only credit card. However, I reckon at least 3/4 of places accept it. It's accepted by far more places than I thought would, and I didn't realise this 'til I actually got one and took note.

I use it more than I've ever used a card before.

For some reason it's a swipe card rather than chip&pin, which is a bit of a pain.