Avantcard Cashback €144 - New & existing customers

Davy · 20-07-2019 11:26am #1

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Avantcard have launched a Rewards+ card recently.

One of the perks is 1.25% cashback on certain merchant code transactions. The value is up to €12 a month / €144 a year.

The cashback can apply to existing customers, you just need to call them to sign up +353 71 959 4040.
(8am to 8pm Monday to Friday and from 8am to 2pm on Saturdays)
No new application, account number or new card will be issued.

They do have another offer on 15% interest refund but its one or the other.

Cashback FAQ's

ted1 · 20-07-2019 3:05pm

Davy wrote: »

Avantcard have launched a Rewards+ card recently.

One of the perks is 1.25% cashback on certain merchant code transactions. The value is up to €12 a month / €144 a year.
The cashback can apply to existing customers, you just need to call them to sign up +353 71 959 4040.

(8am to 8pm Monday to Friday and from 8am to 2pm on Saturdays)

No new application, account number or new card will be issued.

They do have another offer on 15% interest refund but its one or the other.

Cashback FAQ's

Get a N26 debut card. They Offer cash back too.
Avant is a very expensive credit card avoid.

Sonny noggs · 20-07-2019 6:48pm

ted1 wrote: »

Get a N26 debut card. They Offer cash back too.
Avant is a very expensive credit card avoid.

In what way is it expensive? Why should they be avoided?

I have one for 15 plus years (going back to mbna), pay off the balance every month, the only fee I pay is the government stamp duty fee each year.

ted1 · 20-07-2019 6:59pm

Sonny noggs wrote: »

In what way is it expensive? Why should they be avoided?

I have one for 15 plus years (going back to mbna), pay off the balance every month, the only fee I pay is the government stamp duty fee each year.

The interest is expensive. If you are paying it off each month you may aswell just use a debit card.

Q&A · 20-07-2019 7:15pm

Credit cards are all expensive remember that they are unsecured lending. But paying it off, in full, each month as outlined above means it costs nothing.*

The cashback referred to here is a reward programme whereby your bill could be reduced by up to €12 a month. Don't confuse this with "cashback" on a debit card which is merely cash withdrawal from your current account. Very different. AFAIK N26 don't offer credit here.

I did as OP did a couple of months ago. Simple phone call and I'm well on the way to covering government Stamp duty. I think KBC offer a similar product but it's not as generous. Not sure about the other banks but when I looked about Avantcard was the best at the time.

* Except stamp duty but that's a government charge

geecee · 20-07-2019 7:40pm

for new customers Avantcard also deposit €30 into your account, so that's also the stamp duty covered for the first year.

I just got one to replace my AIB MasterCard (Still very annoyed with AIB putting all our eggs in one basket with their VISA lock-in!)

Roberto_gas · 20-07-2019 7:42pm

Q&A wrote:

I did as OP did a couple of months ago. Simple phone call and I'm well on the way to covering government Stamp duty. I think KBC offer a similar product but it's not as generous. Not sure about the other banks but when I looked about Avantcard was the best at the time.

I have never done this...will do first thing monday

Sonny noggs · 20-07-2019 7:49pm

ted1 wrote: »

The interest is expensive. If you are paying it off each month you may aswell just use a debit card.

Except not all services accept a debit card. Regardless, avant are no more expensive than other credit cards if you pay the balance each month.

Beersmith · 20-07-2019 8:03pm

Also for something like car rental abroad the deposit on a debit card can be 1000s whereas it is 100s on credit.

If you can manage a credit card responsibly then the interest rate shouldn't be a problem.

grogi · 20-07-2019 8:08pm

Beersmith wrote: »

Also for something like car rental abroad the deposit on a debit card can be 1000s whereas it is 100s on credit.

If you can manage a credit card responsibly then the interest rate shouldn't be a problem.

The deposit is usually the same.you just don't see it on the credit...

Caryatnid · 20-07-2019 8:12pm

grogi wrote: »

The deposit is usually the same.you just don't see it on the credit...

Beersmith is correct, this can happen at least sometimes, and in my experience, more often than not.

Shefwedfan · 20-07-2019 8:16pm

I have advant, never actually realized it was old MBNA, I had one of those cards from pigs back many years ago

Anyway how do I apply for the rewards do you know?

DopeTech · 20-07-2019 8:19pm

Shefwedfan wrote: »

I have advant, never actually realized it was old MBNA, I had one of those cards from pigs back many years ago

Anyway how do I apply for the rewards do you know?

Did you read post #1 or just the title before asking?

Shefwedfan · 20-07-2019 8:22pm

Sir Dosser wrote: »

Did you read post #1 or just the title before asking?

Sorry was reading off phone and missed it :P

thenightman · 20-07-2019 8:24pm

I've been hmming and hawwing about getting a credit card the last while as it would be handy for car rental & hotel booking abroad, the 30 quid bonus for joining might just put me over the edge here. Just a quick question:

1. How do you pay your bill each month? do you have to transfer from your bank account or can you pay instantly by Visa Debit etc?

Shefwedfan · 20-07-2019 8:26pm

thenightman wrote: »

I've been hmming and hawwing about getting a credit card the last while as it would be handy for car rental & hotel booking abroad, the 30 quid bonus for joining might just put me over the edge here. Just a quick question:

1. How do you pay your bill each month? do you have to transfer from your bank account or can you pay instantly by Visa Debit etc?

If you dont have one then maybe just get a revolut....then you dont end up building a big debt you have to try and pay off

thenightman · 20-07-2019 8:29pm

As stated already, I would like one so a hold isn't placed on funds on my debit card account when I book a hotel or rent a car abroad. I'm grand at managing money responsibly and have never accrued any debt as I only buy what I can afford. Was just wondering what way you can pay the bill each month, bank transfer or by debit instantly?

I have a revolut, its a debit card. This is a credit card.

Sonny noggs · 20-07-2019 8:35pm

thenightman wrote: »

As stated already, I would like one so a hold isn't placed on funds on my debit card account when I book a hotel or rent a car abroad. I'm grand at managing money responsibly and have never accrued any debt as I only buy what I can afford. Was just wondering what way you can pay the bill each month, bank transfer or by debit instantly?

I have a revolut, its a debit card. This is a credit card.

I login to the avant website and pay from a debit card. You can usually pay with bank transfer, direct debit or through the post office.

thenightman · 20-07-2019 8:36pm

Sonny noggs wrote: »

I login to the avant website and pay from a debit card. You can usually pay with bank transfer, direct debit or through the post office.

Grand, cheers. Debit would be quickest/easiest for me.

ted1 · 20-07-2019 8:40pm

Q&A wrote: »

Don't confuse this with "cashback" on a debit card which is merely cash withdrawal from your current account. Very different. AFAIK N26 don't offer credit here.

charge

N26 offer 1% cash back on all Spending....
If people are paying it off each month just stick with a debit card.,,,

Beersmith · 20-07-2019 8:45pm

grogi wrote: »

The deposit is usually the same.you just don't see it on the credit...

Sometimes, sometimes it way way more. I've found out the hard way. 2 grand held for a weeks rental which impact my holiday significantly! Also not refunded foe several more weeks.

With a credit card you have more protection from fraud.

Take my comments as someone who has not had a CC for over 6 years and now realise the benefits.

nsa0bupkd3948x · 20-07-2019 9:32pm

ted1 wrote: »

N26 offer 1% cash back on all Spending....
If people are paying it off each month just stick with a debit card.,,,

Do you have a link to this? I only know if .1% cashback on their business offering.

StonedRaider · 20-07-2019 11:05pm

Sonny noggs wrote: »

I login to the avant website and pay from a debit card. You can usually pay with bank transfer, direct debit or through the post office.

There's a charge for paying your Avantcard bill at the post office.
I do it online with visa debit.
Full payment every month and it cost nothing apart from annual government levy.
Linked my Avantcard to my Tesco clubcard and collect points for every spend. Get about €40 every 3 months =€80 off bord gais bill

ROVER · 21-07-2019 3:23pm

StonedRaider wrote: »

There's a charge for paying your Avantcard bill at the post office.
I do it online with visa debit.
Full payment every month and it cost nothing apart from annual government levy.
Linked my Avantcard to my Tesco clubcard and collect points for every spend. Get about €40 every 3 months =€80 off bord gais bill

I too have my Avantcard linked to my Tesco clubcard. If I switch to this can I still retain my clubcard link.?.

Q&A · 21-07-2019 3:47pm

ROVER wrote: »

StonedRaider wrote: »

There's a charge for paying your Avantcard bill at the post office.
I do it online with visa debit.
Full payment every month and it cost nothing apart from annual government levy.
Linked my Avantcard to my Tesco clubcard and collect points for every spend. Get about €40 every 3 months =€80 off bord gais bill

I too have my Avantcard linked to my Tesco clubcard. If I switch to this can I still retain my clubcard link.?.

Shouldn't be an issue. As an existing customer it doesn't change anything other than you get a few quid back at the end of the month. Card, number and everything stays the same

Shefwedfan · 21-07-2019 3:50pm

Do you hve to ring to link tesco clubcard? I can't find on the advantages website

Creamy Goodness · 21-07-2019 4:27pm

ted1 wrote: »

If people are paying it off each month just stick with a debit card.,,,

I have a credit that I pay off each month. I use the credit more as I get cash back on KBC (1%). There are many benefits of using credit and paying in full than just using debit.

This is s niche use but if it’s a week from pay day and an appliance ****s the bed, do I wait for a week without a washing machine? No I lash it on the credit card and then pay off next month (this assumes I don’t have a rainy day fund to dip into which I do but most don’t).

My brother banks with BOI, they charge 20c for debit transaction, but free on BOI credit he spends on credit and pays off monthly with his debit. Whilst it’s not exactly the best it’s a way.

Also with credit you can buy something with purchase protection, buy something online with a debit card, the money goes right away before you get said item, if your debit card number gets compromised then you’re ****e out of luck, if your credit card gets compromised you’re pretty much covered.

Revolut/N26 are great and have their advantages (I.e. my Revolut is great abroad) but I feel like they can’t replace a traditional credit card. I think it’s crazy people using the premium cards from Revolut/N26 for the guts of €9.99 a month and actually getting zero or close to zero in return.

ROVER · 21-07-2019 4:53pm

Shefwedfan wrote: »

Do you hve to ring to link tesco clubcard? I can't find on the advantages website

Tesco sold their credit card business to Avantcard. If you were a previous tesco customer you retained your benefits.

Shefwedfan · 21-07-2019 4:54pm

ROVER wrote: »

Tesco sold their credit card business to Avantcard. If you were a previous tesco customer you retained your benefits.

Ahh right it is not a standard offering.....

NewClareman · 21-07-2019 6:17pm

ted1 wrote: »

N26 offer 1% cash back on all Spending....
If people are paying it off each month just stick with a debit card.,,,

If people are paying it off each month, this is a good bargain. If people aren’t paying it off each month they should consider cutting it up, as credit card interest is only a step above moneylenders.

@op. Thanks a million for a brilliant offer, this will save me over €100 per year. 🙂

Roberto_gas · 22-07-2019 11:17am

You can either get tesco points or rewards !! Not sure which one i will chose

Bojill · 22-07-2019 7:23pm

Roberto_gas wrote: »

You can either get tesco points or rewards !! Not sure which one i will chose

I gave up the tesco points on the avant card.
80 euro spend= 10 tesco points =10c in tesco vouchers
With the cashback 80 spend= 1 euro cash

I realise that certain transactions will now not count, but I sometimes struggle to find things to use the vouchers on.

Davy · 22-07-2019 7:37pm

This is how the cashback reward will appear. It shows up on recent transactions as a €xx payment, and not just the monthly statement.

Roberto_gas · 22-07-2019 8:24pm

Bojill wrote:

I gave up the tesco points on the avant card. 80 euro spend= 10 tesco points =10c in tesco vouchers With the cashback 80 spend= 1 euro cash

Same here not worth the hassle will get normal tesco points on clubcard anyways..took the switch

k123456 · 22-07-2019 9:30pm

some interesting retailers listed in the link on first post that are eligible

"92. Snowmobile Dealers
98. Swimming Pools Sales
106. Wig and Toupee Stores"

Gumbo · 22-07-2019 10:34pm

Thanks OP. Will Call tomorrow.
I’m currently Avantcard, MBNA before that and originally got the card through a pigsback offer where you got piggy points based on your monthly balance.

I remember one month I got 20k worth of points. Just moving into a new house and bought everything in the card!

I had 7337 points carrying forward into 2019!
Gone now due to inactivity though.

Gumbo · 23-07-2019 1:18pm

So quick and easy.
30 seconds and sorted.

New style card being sent out also.

Thanks OP.

joeysoap · 23-07-2019 5:35pm

+1 thanks op.

With MBNA long time now and while they have advantages scheme it’s nothing you won’t get elsewhere.

The J Stands for Jay · 23-07-2019 6:04pm

kceire wrote: »

So quick and easy.
30 seconds and sorted.

New style card being sent out also.

Thanks OP.

Can it be done without getting a new card? I want to keep my platinum card.

Davy · 23-07-2019 6:30pm

McGaggs wrote: »

Can it be done without getting a new card? I want to keep my platinum card.

As per first post, no new card, application or account is required.

joeysoap · 23-07-2019 8:07pm

Lady asked me did I want a new card or was I happy to keep card. Went over options and agreed cash back was the better choice for me ( I pay in full each month).I’m happy to keep card.

nsa0bupkd3948x · 23-07-2019 8:23pm

Davy wrote: »

This is how the cashback reward will appear. It shows up on recent transactions as a €xx payment, and not just the monthly statement.

When does it show up? End of statement month or after each transaction?

Mongfinder General · 24-07-2019 11:01am

Kade Moldy Eyetooth wrote: »

When does it show up? End of statement month or after each transaction?

I signed up for this on Saturday. My statement issued today but there was no cash back on it. I had at least €1000 in transactions last month and most qualify for the 1.25% cash back

is_that_so · 24-07-2019 11:05am

ted1 wrote: »

The interest is expensive. If you are paying it off each month you may aswell just use a debit card.

And even if you're not you are getting a loan which does not require approval. Sensibly managed they are a handy back up to cheaper options.

Davy · 24-07-2019 11:10am

Kade Moldy Eyetooth wrote: »

When does it show up? End of statement month or after each transaction?

Mongfinder General wrote: »

I signed up for this on Saturday. My statement issued today but there was no cash back on it. I had at least €1000 in transactions last month and most qualify for the 1.25% cash back

I think the cashback is done on a calendar basis rather than on the billing date cycle you have. So Mongfinder, you should see the cashback the end of next week.

joeysoap · 24-07-2019 11:24am

Mongfinder General wrote: »

I signed up for this on Saturday. My statement issued today but there was no cash back on it. I had at least €1000 in transactions last month and most qualify for the 1.25% cash back

I would be of the opinion that cash back kicks in from signing up date onwards.

Most Irish bookies have best price policy but it’s from when the bet is placed, doesn’t cover the period before.

Caryatnid · 24-07-2019 2:26pm

Thanks OP, seems like a no-brainer for current customers with Avant.

PhuckHugh22 · 24-07-2019 4:33pm

There are many benefits to using credit rather than a debit card.
Saying you are better using debit if clearing each month is not a fair statement and while both have there beneifts i would say using credit is probably better and safer.

Obviously you dont want to go down the road of using it as a stop go for easy borrowing as it is extortionate for long term lending. As has been pointed out.

glen123 · 25-07-2019 11:14am

Does anybody know if Cashback will apply if Avant card is with Curve card?

wench · 25-07-2019 12:58pm

glen123 wrote: »

Does anybody know if Cashback will apply if Avant card is with Curve card?

How do the curve transactions show up in your avant account?

If they don't maintain the original category (retail or social to qualify), then I don't think you'll get the cashback.

glen123 · 25-07-2019 1:21pm

wench wrote: »

How do the curve transactions show up in your avant account?

If they don't maintain the original category (retail or social to qualify), then I don't think you'll get the cashback.

Here is the example:

CRV*LIDL IRELAND London GBR €27.34

Category: GROCERY STORES/SUPERMARKETS
Transaction Date: 16/07/2019
Location: UNITED KINGDOM

Avantcard Cashback €144 - New & existing customers

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