Luma 4% cashback Credit Card (supermarkets and petrol)
435°Expired

Luma 4% cashback Credit Card (supermarkets and petrol)

101
Found 31st Oct 2013
First I want to thank "zerog" who posted this deal on MSE forum.

I understand this is currently the best cash back CC for spending supermarkets groceries and petrol as it is indefinite (not just for a few months). If you buy groceries or petrol you still need to pay for it. So rather than using cash or debit card, using this CC will earn you 4% cash back. It will not suitable for people who want a credit card to get a credit or loan as you will be stunk by 35.9% APR.

Cashback Benefits
- 4% Cashback on your fuel and supermarket spend.
- The Cashback will be credited to your account every January.
- Earn Cashback on the first £225 worth of supermarket and fuel spending each month, up to a maximum of £9 Cashback each month.

Other Benefits

- Quick and easy application – get a response in 60 seconds.
-Credit limits up to £1,500.
- Online and mobile account managemen

Currently it is only limited to the following supermarket/petrol station:
Supermarkets include, but are not limited to:

Marks & Spencer
Asda
Iceland
The Co-operative
Morrisons
Sainsbury’s
Somerfield
Tesco
Ocado
Farmfoods
Lidl
Waitrose
and their online grocery shopping websites.


Petrol stations include, but are not limited to:
BP
Esso
Shell
Texaco
and those operated by supermarkets.

101 Comments

Somerfield? Are there any still around? Ours turned into a Morrisons.

Original Poster

eldaniel

great deal as long as you financially disciplined to pay in full. I have … great deal as long as you financially disciplined to pay in full. I have Aqua 3% cashback, but they don't offer that to new customers.



If you buy groceries or petrol you still need to pay for it. So rather than using cash or debit card, using this will earn you 4% cash back.

So yes for those who want to use credit card primarily to earn cash back and therefore pay the balance in full by direct debit . Definitely not suitable for people who want a credit card to get a credit or loan.

No annual fee?

Is Interest charged daily though?

Whats the small print/sneaky print?

Original Poster

Silhouette

No annual fee?Is Interest charged daily though?Whats the small … No annual fee?Is Interest charged daily though?Whats the small print/sneaky print?



Applied a few minutes ago. No Annual Fee, confirmed. Also no fee mentioned on any documentation.

As any other CC for For purchase, you will not pay any interest if you pay the balance in full in the statement month. Pay by DD the balance in full to ensure you will not pay any interest.

As previously mentioned this CC SHALL NOT be used to take cash advancement, loan, credit or the like as the APR is 35.9% APR.

"Whats the small print/sneaky print?" as afar as I am aware the small print as below ...

"For the first £225 worth of Purchases at Supermarkets and Fuel Stations applied to your account in each statement period you will receive Cashback of 4%. “Supermarket” includes, but is not limited to Marks & Spencer, Asda, Iceland, The Co-operative, Morrisons, Sainsbury’s, Somerfield, Tesco, Ocado, Farmfoods, Lidl and Waitrose and their online grocery shopping websites. Purchases at concessions within Supermarkets, Metro and Local Supermarkets, Supermarket branded outlets in service stations and railway stations, and Supermarket branded stores and websites for whom grocery shopping is not the main activity (for example Tesco Direct) may not be eligible for Cashback. Fuel Station includes, but is not limited to those operated by Supermarkets, BP, Esso, Shell and Texaco. Cashback will appear on your January statement and will be credited to your account in January unless we notify you of another method. No Cashback will be paid to you if at that time you are in default under the terms of this agreement. However the amount of that year’s Cashback will accrue and may be payable in a following year. No Cashback will be payable if this agreement is terminated or your account is closed. No Cashback is payable in respect of cash withdrawals, balance transfers, or purchases which are refunded by the retailer. "
Edited by: "pantaiema" 31st Oct 2013

So if I buy my petrol and weekly shop on this, then set up a DD for the full balance on the 30th - im quids in!

Weekly fill up £80 x 4 = £320 (over cap)
Weekly food shop £60 x 4 = £240 (over cap)

But is the £225 capped 'total' or is it per 'category'?

Sector would be £9 x 12 = £108 (in January)
Category would be £18 x 12 = £216 (in January)

Silhouette

So if I buy my petrol and weekly shop on this, then set up a DD for the … So if I buy my petrol and weekly shop on this, then set up a DD for the full balance on the 30th - im quids in!Weekly fill up £80 x 4 = £320 (over cap)Weekly food shop £60 x 4 = £240 (over cap)But is the £225 capped 'total' or is it per 'category'?Sector would be £9 x 12 = £108 (in January)Category would be £18 x 12 = £216 (in January)



they couldn't make it simpler even if they tried

For the first £225 worth of Purchases at Supermarkets and Fuel Stations … For the first £225 worth of Purchases at Supermarkets and Fuel Stations applied to your account in each statement period you will receive Cashback of 4%



up to a maximum of £9 Cashback each month



Edited by: "MR1123" 31st Oct 2013

Original Poster

Silhouette

So if I buy my petrol and weekly shop on this, then set up a DD for the … So if I buy my petrol and weekly shop on this, then set up a DD for the full balance on the 30th - im quids in!Weekly fill up £80 x 4 = £320 (over cap)Weekly food shop £60 x 4 = £240 (over cap)But is the £225 capped 'total' or is it per 'category'?Sector would be £9 x 12 = £108 (in January)Category would be £18 x 12 = £216 (in January)



Not per category but in Total. The maximum of £9 Cashback each month based on 4% of £225 = £9..
Edited by: "pantaiema" 31st Oct 2013

Wonder if theres a 'per household' quota?

Use the missus' card for Tesco, then mine for the petrol?

All this would be is simply employing a 'Fuel Card' style system in my wallet

Seems okay for an extra £100 for the January sales next year.

anybody used Luma in the past ?

is28

anybody used Luma in the past ?




It is serviced by Capital One, so not good news.

Original Poster

Inactive

It is serviced by Capital One, so not good news.



Well, any reason why ??
If you play by the rule you will never pay any late payment fee, interest fee, etc ....
The main reason people apply for this credit card is to get 4% cash back. This the best currently available cash back credit card ...
I have capital one credit card in the past. I found they are as good as any other credit card that I have had.
Edited by: "pantaiema" 31st Oct 2013

I'm going to give it a go - thanks for posting

Just ordered and got accepted, first credit card! dont know the credit limit though yet.

anyone know about barclays freedom reward credit card was thinking about getting one it gives you 2 points per£1 on all uk supermarkets and petrol stations?

Great offer, anyone that doesn't use cashback credit cards should STRONGLY consider it!

I was expecting to see some serious heat on this - bizarre that there isn't.

We all eat. Some of us buy petrol. £9 cashback monthly and the standard interest free period simply for replacing £225 of your spending on those with this card seems like a complete no-brainer to me!

No issues at all with getting it up and running within a week. And for existing Capital One cardholders, I have an existing Capital One cashback card from way back when still live and used and had no problems getting this Luma card in addition to it.

I see that Lidl is listed. I thought that they take Debit Cards only? 4% is a cracking cash-back rate for a no fee card, but just to emphasis what has already been said, at the quoted 35.9% APR rate this is only good if you pay off the total due every month, without fail.

No brainer, just got mine today to use for shopping & fuel only.
I spend £60 - £70 a week on fuel, every week.
£108 per year for nothing!

Thnaks OP!

Looks like a good deal will try it thanks

I just ordered this last week. It's an extra tax-free £108 a year, end of. Accepts contactless payments too.

lidl don't accept credit cards - only debit cards so how do you obtain cash back there?

Only problem is the wait and quite a low credit limit if that £1,500 is static and therefore a bit of a nusiance if you want to rent cars abroad
Edited by: "shadowdogg" 23rd Nov 2013

Applied thanks

what about petrol from Asda or Tesco?

missed this deal when first posted but looks good and excellent timing for those with aqua cards now that they've announced they're withdrawing there 3% card. Site is down at moment but will def apply. Great deal.

Nothing wrong with Capital One backing this.

Rare for cards aimed at this end of the market to pay such good cashback

Just got one of these to replace the Aqua cash back card that is being closed in January.

I spend more than the £225 limit/month on fuel anyway so this is money for nothing

up to a maximum of £9 Cashback each month.


This "4%" cashback is no better than "1.25%" cashback from an American Express card ..

There's a good overview of cashback credit cards at MoneySuperMarket.
I can see the benefit of the card in this deal, but it's no good for me, as I use my card to pay for pretty much everything these days and pay it off every month.
I realise that I'm a higher-than-avergage spender but, so far this year, I have "banked" over £500 in cashback on my card and not paid a penny of interest.
I just wanted to highlight that, for those with a higher montly spend, there are plenty of alternatives.

CJ

Website crashed?

cutthroat_jake

There's a good overview of cashback credit cards at MoneySuperMarket.I … There's a good overview of cashback credit cards at MoneySuperMarket.I can see the benefit of the card in this deal, but it's no good for me, as I use my card to pay for pretty much everything these days and pay it off every month.I realise that I'm a higher-than-avergage spender but, so far this year, I have "banked" over £500 in cashback on my card and not paid a penny of interest.I just wanted to highlight that, for those with a higher montly spend, there are plenty of alternatives.CJ



this money super market reading is waste of time, LUMA is still best offer for cash back.

silkysmooth66

Great offer, anyone that doesn't use cashback credit cards should … Great offer, anyone that doesn't use cashback credit cards should STRONGLY consider it!


I agree, I've had a Santander 123 CC since February, and made over £100 back from it (mostly just from weekly Tesco shopping, I don't use it for much else), coupled with Quidco/TCB I've saved a fair amount of money.

Edited by: "jukkie" 23rd Nov 2013

Seems like a good deal. I have Santander 123 which I use for fuel (£400-600pm) and supermarket (£100-150pm) and a Nationwide Select (0.5% cashback) for everything else (including load free foreign purchases) and would like a way of getting a bit more cashback as I usually max the cashback on the 123. However as I'll be applying for a mortgage I'm not sure I should get a third credit card.

Is it the best deal, I use santander123 £2 a month bank, and got the 123 credit card fee free for the first year, I made a lot more than £9 a month cashback, not to mention a 1% Barclays, depending on spend and where u spend , this is a good deal for some definately

Would this card be better for me than the Tesco Clubcard Credit Card for buying Petrol at Tesco forecourts?

tanikk£

This "4%" cashback is no better than "1.25%" cashback from an American … This "4%" cashback is no better than "1.25%" cashback from an American Express card ..



Depending on your spending (yes it rhymes) I agree with you.

Plus you can get £30? Cashback free by applying through one of the cashback sites. 5% cashback for first 3 months on the AmEx platinum cashback card is a bonus too (on first £1,250 on spending iirc?)

Also consider applying for the AmEx gold card if you like free money £60+ cashback from TCB just for applying and being accepted, which is 7 months worth of cashback from this card without the effort of having to spend
Link here:

hotukdeals.com/fre…=13

Heat given OP I giggled at 'getting stunk by 35.9%' just what strength would that smell be I wonder?

cutthroat_jake

There's a good overview of cashback credit cards at MoneySuperMarket.I … There's a good overview of cashback credit cards at MoneySuperMarket.I can see the benefit of the card in this deal, but it's no good for me, as I use my card to pay for pretty much everything these days and pay it off every month.I realise that I'm a higher-than-avergage spender but, so far this year, I have "banked" over £500 in cashback on my card and not paid a penny of interest.I just wanted to highlight that, for those with a higher montly spend, there are plenty of alternatives.CJ



You can have more than 1 credit card. Use this one for petrol and food until maxed out on cashback for the year. Hardly rocket science

I Have a Luma Card and never had a problem with Capital One, they are really helpful on the phone and I can manage everything about my account online. I pay the full balance every month and they never charge me interest or an annual fee to have it so it works well. I would definitely recommend luma to others. Just wondering if I could get them to change my Luma card to one of these as I currently use it for Fuel and Shopping.....

Thanks

Shame Aldi aren't on it!!
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