Get £20 for free when you load £50 on a Moneycorp prepaid Mastercard

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• harry says:

  31 Jul31 July 05:32

  I think I could live with 3% quite happily if I’m getting £20 free (Pay at merchants (e.g. shops, restaurants and online) – UK – 3%)

  Amazon giftcard?

  • Nick says:

    31 Jul31 July 09:37

    Sorry but O:T, I’ve checked to Tesco stores in the last few days, one being in Bicester and the largest in the UK (apparently) for Amazon gift cards but have found none. Anyone else having problems finding them?

    • Guesswho2000 says:

      31 Jul31 July 09:43

      Afaik, Amazon gift cards have never been available in Tesco?

      • Fenny says:

        31 Jul31 July 09:51

        Definitely not available, or the extra club card points would go through the roof.

        • Nick says:

          31 Jul31 July 10:35

          Thanks. I bought some in 2014 but it must of been a different shop.

        • Fenny says:

          31 Jul31 July 10:42

          Sainsburys sell them. But you can’t use any “Save X on Y spend” vouchers with them. I’ve seen them in other places, too. But if I need Amazon vouchers, I just order them online direct, because there never seems to be any way of reducing the price of the physical versions.

        • Genghis says:

          31 Jul31 July 10:42

          Morrisons?

        • harry says:

          31 Jul31 July 10:57

          Indeed Morrisons for free petrol, RIP

        • Mr Dee says:

          31 Jul31 July 18:53

          YES AT MORRISONS, Tesco have never stocked them or at least not in the past few years, I expect it to change in the future however.

          The petrol vouchers that has now ended meant up to 10% back through fuel depending on the amount of fuel you brought but now its changed to points so you effectively get 2500 points (£2.50) for every £100!

        • Mr Dee says:

          31 Jul31 July 19:04

          http://www.shopperpoints.co.uk/2016/06/17/morrisons-scrapping-fuel-saver-on-gift-cards/

        • Genghis says:

          31 Jul31 July 19:09

          Inside info on Tesco stocking Amazon vouchers?

    • Mr Dee says:

      31 Jul31 July 20:58

      Morrisons give 2.5% back in points so it’s worth it if buying a lot

    • World Traveller says:

      31 Jul31 July 22:57

      In the last couple of years I’ve only ever seen Amazon giftcards in Boots and Sainsburys.

      • Scallder says:

        1 Aug1 August 11:36

        Now Boots is one gift card you can get in Tesco…

      • Sarah Murray says:

        1 Aug1 August 18:21

        BP had Amazon £50 gift cards when Amex had £5 off £50 spend at BP (multi-use..)

    • Andrew says:

      2 Aug2 August 10:12

      Buy them through an employer’s scheme?

      Mine is currently only offering a miserly 1% “WOW” points (worth 1p each) at the moment (with a 50p per order debit card charge) – although they have been up to 3% “WOW” in the past. It’s not so bad if you buy them at the same time as Boots (8% “WOWS”), Tesco (4% “WOW”) or M&S (7% WOW”.

      When Virgin were running their “Little Red” domestic flights, I was buying their gift cards with “4% WOW” using my Diamond Club Visa (1 Avios per £1) with a 1.5% surcharge. It was a bit of a faff booking flights by phone rather than on-line. As the flights were on expenses, I’d then get the full invoice value back.

      The average flight cost £150
      Pay £152.25
      Earn 152 Avios
      Earn 600 “WOW” points
      Earn 2000 Virgin Miles

      I make that as Virgin paying me 2.5p per Avios.

• John says:

  31 Jul31 July 06:27

  ATM fee £1.50, so could you just load it with £51.50, wait a while and then withdraw £70 from an ATM?

  • harry says:

    31 Jul31 July 06:37

    That’s exactly how it worked last time round – there was a very similar card through avios.com about 2 years ago.

    Just free money. Small risk as it’ll come by post & could get pinched by Fingers the postman, but I guess that’s their risk not yours.

  • Alan says:

    31 Jul31 July 14:51

    Looks like only whole pounds allowed so £52 needs to go on it, still £2 to get £20 is still a decent deal!

• Waribai says:

  31 Jul31 July 06:39

  My thoughts……….along with everyone else up at 6:30 on a Sunday too! Surely they must be guarding against this!

  • harry says:

    31 Jul31 July 07:05

    Not really. They have a budget to acquire new customers. It will be a way short of £20 each. For a start, some people will never collect the £20. Then the 3% or ATM fee etc reduces the net cost further. Some people won’t ever even use the initial £50 and over time Moneycorp will erode that in further fees. And you’ll get a few emails from Moneycorp about their other services, some of which some of us will take up.

    So there is no such thing as ‘abuse’ of this offer, even if you get one each for all the family. The costs are built in already.

    Indeed, if (say) there are an extra 250 cards sold this week thanks to HFP, the bods in Marketing will be patting themselves on the back thinking what a great success – they’re hitting their recruitment targets and by the way most of us are from a highly desirable, difficult to target demographic – so there’s high quality included.

    • Erico1875 says:

      31 Jul31 July 08:15

      Its a while since iv been called “highly desirable”

      • Raffles says:

        31 Jul31 July 08:21

        You’re more desirable than a typical Facebook user 🙂

    • Mr Dee says:

      31 Jul31 July 19:17

      Money Corp seem to know what they are doing and will have an idea of how much a customer is worth to them in the long term.

• vol says:

  31 Jul31 July 06:58

  Thanks Raffles

  Just seen some small print – this offer is not available to those who already hold a moneycorp money transfer account.

  Moneysupermarket.com are also doing a £750 + free £51 load with the same Ts and Cs

  • harry says:

    31 Jul31 July 07:12

    MasterCard prepaid card from FairFX – very similar offer through one of the rags, I saw yesterday

  • Raffles says:

    31 Jul31 July 08:18

    Yes, I saw that – but £20 on £50 seemed more attractive!

• Penfold says:

  31 Jul31 July 06:59

  Don’t think it’s mentioned in the article… I believe the card doubles up as a loyalty card type thing and gets you an enhanced rate at their bureaux in the future, even for buying notes rather than loading the card.

• Duarte says:

  31 Jul31 July 07:36

  Can we pay with Amex?

  • vol says:

    31 Jul31 July 07:55

    Yes

  • TimS says:

    31 Jul31 July 07:58

    Yes, but with a loading fee.

    • Genghis says:

      31 Jul31 July 08:12

      And it goes through as a purchase and not a cash advance?

• Sandgrounder says:

  31 Jul31 July 08:03

  OT: Revolut now accept Visa and MC for topups, with a 1% fee. Amex support not available ‘just yet’. Its not a manufactured spend opportunity for most of us with a 1% fee, but could be a good way to earn points cheaply on foreign spend due to the excellent rates offered.

  • Joe says:

    31 Jul31 July 08:13

    Has anyone tried this yet and seen whether the charge hits your card as a purchase or a cash advance?

    • Raffles says:

      31 Jul31 July 08:20

      Moneycorp in branch used to treat Amex as a purchase but the last report I saw said that had changed. No definitive answer.

      • Genghis says:

        31 Jul31 July 08:31

        I think I’ll wait and let some pioneers report back. Who’s taken / taking one for the team?

    • Alan says:

      31 Jul31 July 14:20

      Revolut support just confirmed to me that it would be charged to the credit card as a purchase. No timescale yet for Amex acceptance.

      • Genghis says:

        31 Jul31 July 14:25

        Good info Alan. I ordered my Revolut card this morning.

        • Alan says:

          31 Jul31 July 14:45

          I found them much more efficient than Supercard at posting things out – helpful customer support chat too, nice packaging, card support NFC, decent app – obviously need to preplan slightly more in that you need to preload with currency and 1% fee on purchases if using credit card but in many respects a slicker experience than Supercard.

        • Genghis says:

          31 Jul31 July 15:02

          I’ve given up on Supercard. No response to them blocking my card a couple of weeks ago despite some chasers. Useless.

        • Brian W says:

          31 Jul31 July 21:56

          +1

          Both wife and I have Revolut cards and they worked flawlessly in Florida at the start of the month. Easily 150+ transactions over the fortnight and never declined once. It’s a great feature that you can instantly swap money from one card to the other as well with the app. It worked perfectly as well in Paris in June also. I took my Supercard to the States and used it once to test that it worked properly but with all the silly additional amounts for the slight change in rates being reported I just stuck to Revolut. As Alan says, the app is decent as well. Solid product compared to others.

  • Alan says:

    31 Jul31 July 13:24

    Yep, mentioned this in Bits yesterday – given £500/mo allowed for ATM withdrawals it could be a good option. It would likely go through as a purchase although haven’t tried it yet myself.

• Sunny says:

  31 Jul31 July 09:28

  Does applying for these prepaid cards leave a hard search on your credit file? I’d think not since you’re not borrowing but I’m not sure.

  • Guesswho2000 says:

    31 Jul31 July 10:00

    No, I’d verification check only

  • Genghis says:

    31 Jul31 July 10:43

    No. Not a credit product

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