johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on May 12, 2020 8:45:26 GMT
I was happily enjoying getting 1-3% cashback on all my direct debits including my Santander mortgage but when they announced that they would cap earnings to £5 per tier, it would mean I wouldn't receive cashback for my water or council tax in the 1% tier because my mortgage was over £500.
Solution: I overpaid my mortgage for a few months prior so that I received the maximum £10 cashback and also paid a full year up front for my water and council tax. When the £5 cap came into force, I underpaid on my mortgage but will continue to get £5 cashback for the 1% tier.
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Post by MrHappyGoLucky on Jul 24, 2020 22:05:15 GMT
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