(EDIT: Curve has changed a lot since this article was published. Please do not rely on the information here. Instead, please click here to read our detailed 2020 Curve review, which includes a link for a free £10 credit when you sign up.)
Curve Card, the Mastercard that allows you to merge all of your Mastercard and Visa cards into one product, launches to the general public today.
It had previously been available only to anyone who had self-employed income. It had a generous cashback rewards scheme despite being free because it could charge higher fees to retailers.
The consumer version will be less generous, because Curve does not have any fee arbitrage to play with. There will be a rewards scheme available soon, however, and I will let you know when it launches.
Put simply, every transaction you charge to Curve is recharged to a linked Visa or Mastercard. Via the Curve app you can select which card is charged per transaction, allowing you to add your debit card and various Visa and Mastercard credit cards and then switch between them at will.
Financially there are two reasons to use Curve:
You can withdraw £200 of cash per month from an ATM and have it charged to your credit card as a purchase – this means it earns miles and points.
Foreign currency transactions made on Curve are recharged to your linked Visa or Mastercard in Sterling with a 1% foreign exchange adjustment. This makes it a better deal than using the underlying card which is likely to have a 3% FX fee.
There will, soon, be a rewards scheme of some sort
There are more practical features too, such as the ability to export your spending data for analysis and the ability (as I found out myself in November when I lost my wallet) to lock the card from your phone. As Curve is contactless, it is also a way of making any non-contactless Visa or Mastercard you have into a contactless one.
The Curve website is here if you want to know more. You need to download the Curve app for your phone and order a card from there if you want to try it out.
Curve will pay you £10 for trying it out if you use our link.
Want to earn more points from credit cards? – May 2022 update
If you are looking to apply for a new credit or charge card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards. You qualify for the bonus on these cards even if you have a British Airways American Express card:
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.
The Platinum Card has doubled its sign-up bonus to 60,000 Membership Rewards points, which convert to 60,000 Avios or other airline miles, if you apply by 1st June 2022.
British Airways American Express Premium Plus
25,000 Avios and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review
British Airways American Express
5,000 Avios for signing up and an Economy 2-4-1 voucher for spending £12,000 Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
60,000 points (SPECIAL OFFER) and an unbeatable set of travel benefits – for a fee Read our full review
Earning miles and points from small business cards
If you are a sole trader or run a small company, you may also want to check out these offers:
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
10,500 points bonus – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.