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Chase have announced changes to their 1% cashback offer coming into effect from the 7 April including it no longer applying to overseas spending.
From 7 April 2025, you’ll be able to earn cashback – up to £15 a month – when you use your debit card in the UK or the Channel Islands to buy some of your essentials. That means you’ll be able to earn cashback on:
groceries – e.g. at grocery stores, supermarkets, miscellaneous food stores, convenience stores and specialty markets
everyday transport – e.g. local and suburban commuter passenger transportation (including ferries), bus lines (including charter/tour buses), railroads and passenger rail (trains)
fuel – e.g. service stations (with or without ancillary services), automated fuel dispensers and electric vehicle charging points
However, some exceptions apply, and other types of transactions – including Direct Debits, credit card transactions, and bank transfers – won’t be eligible for cashback. You also won’t earn cashback on purchases you make outside the UK or the Channel Islands (Bailiwicks of Jersey and Guernsey), or if you pay in currencies other than GBP.
Yes, I also received that bad news today. Time to look for a new card for overseas earnings
As soon as I saw the news on the Chase subbredit, I immediately went ahead with the Lloyds switch offer.
Ironically, the acceptance email from Lloyds arrived at the same time as the email from chase announcing the changes😅
I currently use Chase through curve to make the 1% into 2% and the merchant location for all foreign transactions has shown as London.
So it might still work through curve. I will try a small transaction in May and report back
I currently use Chase through curve to make the 1% into 2% and the merchant location for all foreign transactions has shown as London.
So it might still work through curve. I will try a small transaction in May and report back
In the page that gives a full list of merchants accepted it states that purchases made through Curve won’t earn cashback on chase
In the page that gives a full list of merchants accepted it states that purchases made through Curve won’t earn cashback on chase
Actually it says “might not” rather than “won’t”
everyday transport… I thought TfL was carved out of Chase cash back due to it being “government”?
I’ve been eyeing the NatWest Travel card since it’s 0% FTF, 1% cashback for travel related stuff, and 0.1% on everything else.
1% cashback for these MCC:
Airlines : 3000-3350
Trains : 4112
Ferries 4111 / 4411
Buses : 4131
Car rental : 3351-3441, 7512 / 7519
Taxis : 4121
Transportation : 4511 / 4582 / 4789
Accommodation / Hotels / Campsites : 3501-3839, 7011 / 7033
Travel Agents : 4722 / 4723
Cruise Lines : 4411🤔
The card isn’t what it was.
Gone are the days of uncapped cashback and using the card to top up a bank account for free to generate hundreds.
Seems like the current game of topping up prepaid card £1500 a month for an easy £15 is on its way out.
All easy schemes come to an end, good to make hay while the sun shines!
They had to restrict it at some point.
Remember reading Chase UK is now profitable and achieved breakeven much earlier than expected. Apparently its customers are more affluent (thanks to Nutmeg acquisition?) than other digital banks and stick with it even after reducing the incentives.
Monzo and Starling can learn a thing or two?
Thing is that Chase was good, then became OK and now just bad.. The only thing it’s useful now is to treat as burner account and switch.
Thing is that Chase was good, then became OK and now just bad.. The only thing it’s useful now is to treat as burner account and switch.
Is Chase actually “now just bad” or are you simply disappointed that the introductory loss leader cashback offer has been limited? Most of the customers they have attracted simply want a plain vanilla product that’s a little slicker/better than the mainstream banks and more solid and reliable than a fintech. If you want a counterparty to game, Chase is the wrong one to pick.
Is Chase actually “now just bad” or are you simply disappointed that the introductory loss leader cashback offer has been limited? Most of the customers they have attracted simply want a plain vanilla product that’s a little slicker/better than the mainstream banks and more solid and reliable than a fintech. If you want a counterparty to game, Chase is the wrong one to pick.
When it arrived I moved a lot of savings in and started treating as day to day spending account, with saving rates dropping significantly (compared to other places), I stopped using the saving option there but continued spending – now don’t see a point of doing that – will reactivate my Amex instead.
So from best bank out there (for me) they land now to the bottom – even Kroo bank seems to have better offerings..everyday transport… I thought TfL was carved out of Chase cash back due to it being “government”?
In practice they have paid the cashback on TfL spend.
a little slicker/better than the mainstream banks and more solid and reliable than a fintech.
I have heard that the iphone app is ok, but as a user of the android version I find it clunkier/worse than all mainstream bank apps and very unreliable. I have only used it because of the introductory offers.
Yes, I agree with that. Starling and Revolut are both better apps on Google Android than Chase.
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