New Cashback account pays you to go shopping

14 August 2013

Do you, in the immortal words of Mark Knobfler, want your money for nothing and your kicks for free? Well, RBS and Natwest are introducing a new current account that gives you cashback when you shop with your debit card.

cash back

With the Cashback Plus account you’ll get back 1% of your shopping total, so you’ll receive a penny for every tenner you spend. When you’ve racked up a fiver, it gets paid into your account, or you can donate it to charity or swap it for gift vouchers.

OK, so you won’t be lighting fags with tenners and wiping your bum on crisp fifties, but it’s better than nothing, right? Well, it’s marginally better than nothing, but it might take you a while to get to £5 status. BP, Cineworld, Caffe Nero and H Samuel are amongst the businesses that have agreed to take part – but so far you can only get cashback in 11 shops. So you’re going to have to buy a lot of coffee, petrol and gold sovvy rings with ‘MAM’ written on them.

You might get more bang for your buck if you choose to put your cash into the gift vouchers, which are worth more and feature special offers. (They’re also being accepted by a few more stores - including Halfords, Currys and PC World.) For example, in exchange for £5 cashback, Cineworld will give you 2 adult tickets worth £10.

So there you go. Go forth and spend, then you can reap the rewards. Eventually.

TOPICS:   Banking   Investments   Freebies


  • StuPid
    1% of £10 is 10p 1% of £1 is 1p
  • Cash B.
    [...] Bitterwallet [...]
  • Dick
    ^^ The evil bankers steal the other 9p.
  • Dick
    You are better off with a cashback credit card anyway. Halifax Clarity gives you £5 every month you spend £300, others do 1% cashback on all spend (AMEX 5% for three months).
  • Kapitein Z.
    Half arsed crazies.
  • Chewbie
    No yousd to me as it doesnt flex wit da erb
  • RichTE
    I thought it was 'chicks for free' ..
  • HJ
    Yes it is "chicks for free" & they mean Mark Knopfler not Knobfler. Lacklustre research but it's such a basic skill to utilise when composing an article & using a lyrical quote.
  • jt
    I think you'll find "Mark Knobfler" is what passes for a joke around here.
  • Pamas
    Shop At The World's Largest Online Shopping Mall, Travel and Entertainment Portals and Get Upto 70% Cashback. Get Paid to Shop And Travel. FREE MEMBERSHIP AVAILABLE. NO CREDIT CARD REQUIRED.
  • panda r.
    how many days customers will get back their cash?

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