January 2023’s bank card & BNPL information & round-up

January’s bank card & BNPL information

Large American Categorical Avios welcome supply

There are two boosted affords for the British Airways American Categorical Premium Plus bank card. The one you’ll discover on the Amex web site will increase the bonus from 25,000 to 35,000 Avios for spending £3,000 in three months.

The opposite, out there through the British Airways Govt Membership web site (it’s free to affix) doubles that to an enormous 70,000 Avios factors, with the identical standards.

What’s additionally nice about this supply is present Amex cardholders can get the bonus, so long as they’ve not had both of the BA Amex playing cards within the final two years. Extra particulars right here.

Zilch reduces “pay in 1” cashback to 0.5%

Purchase Now Pay Later app Zilch additionally affords the prospect to earn cashback in the event you “pay in 1”, which suggests paying upfront and in full for the merchandise – so basically a standard buy.

From 12 January that charge drops from 2% to 0.5% – so not an awesome earner in comparison with the main cashback Amex playing cards and the Chase debit card.

Nevertheless, you need to join a debit card to Zilch with a purpose to make purchases, so if in case you have Chase, chances are you’ll as properly add that and earn each the Zilch 0.5% and the Chase 1% (for so long as that lasts in fact).

Bear in mind, keep away from the BNPL choice. Not solely will you get charged £2.50 every time, however there are a selection of dangers spending this fashion.

Lloyds and Halifax cashback playing cards near new clients

Sooner or later in the direction of the tip of final yr each Halifax and Lloyds eliminated the Cashback bank card as an choice for brand new candidates. It wasn’t one among my prime picks, although it supplied 0.5% on some purchases, so it’s no nice loss.

I’ve contacted Lloyds group to see if present cardholders will even be affected.

Sainsbury’s Financial institution affords boosted welcome supply

In case you apply for the Sainsbury’s Financial institution Nectar bank card earlier than 18 January 2023, after which spend £400 with the cardboard at Sainsbury’s, Argos or Habitat, you’ll get 10,000 bonus Nectar factors fairly than the same old 8,000. That’s price £50 in whole.

You should have a standard Nectar card to get this bank card. If the supply doesn’t seem once you click on by way of, see if it’s exhibiting through your Nectar account.

Get the perfect of Andy’s cash saving content material each Thursday, straight to your inbox

Get a £17 Quidco bonus (new members solely). Extra particulars

Get the perfect of Andy’s cash saving content material each Thursday, straight to your inbox

+ Get a £17 Quidco bonus (new members solely). Extra particulars

This month’s greatest bank cards

As at all times when speaking about bank cards the perfect bank card for you’ll rely in your credit score report and why you want one. Be sure to learn my guidelines for having and making use of for a bank card.

However assuming you’ve obtained an awesome credit score report, don’t want one to clear present money owed and can clear the stability fully every month, these are my prime picks:

Andy’s Prime Three Credit score Playing cards (January 2023)

• BA Amex Premium Plus for the welcome bonus (learn extra)
• Amex Nectar for ongoing 1% cashback in Nectar factors (learn extra)
• Barclaycard Rewards for 0.25% cashback and fee-free spending abroad in the event you don’t need a Chase present account