Accucard

Like phoebe1, we pay our credit card off each month (having at one time run up £11,000 in debt I can truthfully say, been there, done that) so we only use a credit card to assist cash flow. However, our average spend is around £600 a month and we could easily pay that off and stop using the card but choose not to because of the cash-back. Think of it this way. A £600 cushion sits in a cash ISA earning about 3.5% a year. Meanwhile, our monthly turnover of £600 on the Accucard earns 0.8% per month which as an annual rate is no less than 9.6%. Since our pension income covers the monthly settlement, we don't touch the cash so it means that in reality the ...  Read the complete review

I registered with dooyoo expressly because I have been so impressed with the service from the people at Accucard that I wanted to tell everyone - I was astonished to see that they have such a low rating (not helped by one glowing review accompanied by a rating of one). "I would recommend this to my granny" may be a cliche and therefore have lost all weight, but how about "I work in customer support and these people put me to shame!"? I can't express how helpful the Accucard staff have been (I have used every aspect from technical support on logging in to customer services for credit limit increases and after accidentally exceeding my limit). My ...  Read the complete review

I signed up for an Accucard when it was newly launched, specifically to get the promotional "double cashback" rate of 1.6%. My intent was to pay for every thing I could with Accucard to generate cashback, which I did. Every bill, purchase, meal, present and glass of beer that I could pay for by MasterCard, I did. Each month I spent between £300 and £1000 on my Accucard, which was always paid in full each month by direct debit. This generated about £40 of cashback, which I'm looking forward to getting at Christmas 2003. So far so good? Not so! Two or Three months into this scheme trying to make a retail purchase using Accucard, *Boing* - my card was ...  Read the complete review

If, like me, you are the sort of person who pays off their credit card bill in full every month then this is definitely the card for you. If you want to know about APR then this isn't the review for you. I would strongly discourage borrowing money on any credit card. Excluding introductory offers, all credit cards charge extortionate rates. You are much better off arranging a personal loan with your bank, given that you can't obtain a remortage. The Accucard normal cash back rate of 0.8 per cent is doubled for the first six months from when you open an account to a massive 1.6 per cent. Use your card for all your groceries, shopping, petrol and anywhere ...  Read the complete review

I applied for the Morethan Accucard (at www.morethan.com). The card is a self-designed card which offers to double your chosen cashback amount at the moment. APPLICATION The application procedure was easy and convenient. Morethan was set up by Royal and Sun Alliance to offer 'all round' financial solutions to customers offering insurance and credit. It's internet focussed, which means good value for money, and user friendly websites. The application was done on-line and I had to just sign a pre-printed form and return it with some form of ID (standard procedure). SECURITY With Morethan I had to register the card when I received it, ...  Read the complete review