Jan 15, 2014, 9:20 am
Last edit by: Steve Oh
What we know so far, that we are happy to share, and won't get the hump when other people ask us or other people get the hump cos we know something they don't.
3V / Pay.com cards are no more
That is all.
3V / Pay.com cards are no more
That is all.
Manufactured Spend UK
Nov 15, 2014, 12:23 pm
#1488
Join Date: Mar 2008
Location: NCL and LBA
Programs: BD*G, BAGold, Hyatt Diamond, SPG Plat
Posts: 3,270
I've only just looked up this 3V thing now and it's only taken me about 5 minutes to realise a way that I can potentially put the cash back into my account without paying any fees whatsoever. However does it not look a bit dodgy to HMRC etc. when big amounts of money are leaving and coming back into your account every month?
Nov 17, 2014, 4:41 am
#1489
Join Date: Nov 2012
Location: London, Copenhagen
Programs: SK*G, BA Gold, IHG Plat AMB
Posts: 969
I've only just looked up this 3V thing now and it's only taken me about 5 minutes to realise a way that I can potentially put the cash back into my account without paying any fees whatsoever. However does it not look a bit dodgy to HMRC etc. when big amounts of money are leaving and coming back into your account every month?
Nov 17, 2014, 4:44 am
#1490
Ambassador, British Airways; FlyerTalk Posting Legend
Join Date: Apr 2012
Location: Leeds, UK
Programs: BA GGL/CCR, GfL, HH Diamond
Posts: 42,997
Yes. Just to add that the extinct 3V->NS&I->bank account route invovled lots of the same kind of movement of money basically in a big circle and I don't remember anyone suggesting HMRC were remotely interested.
Nov 17, 2014, 5:26 am
#1491
FlyerTalk Evangelist
Join Date: Mar 2013
Location: London
Posts: 17,007
If HMRC wishes to audit you, the ten minutes showing them your credit card statements (where the money goes out), NS&I statements (or other scheme where the money goes through) and bank account statements (where the money comes in) will be the least of your concerns.
Nov 17, 2014, 12:51 pm
#1492
Join Date: Mar 2008
Location: NCL and LBA
Programs: BD*G, BAGold, Hyatt Diamond, SPG Plat
Posts: 3,270
Nov 18, 2014, 1:55 pm
#1495
Join Date: Dec 2012
Location: usually LON
Programs: BA Gold (OWE), Tesco Blue, TK Elite (*G), Oyster Diamond Jubilee edition
Posts: 1,546
I saw new Amex gift cards in Tesco today - https://www.americanexpress.com/uk/p...ift-cards.html
They are available in £30 and £50.
And before you get too excited, there is a £3.95 fee just like on the Visa. Well, on the £50 one, I did not check the cheaper one in much detail but no reason to expect anything less than £2.95.
It has nicer packaging than Visa though.
They are available in £30 and £50.
And before you get too excited, there is a £3.95 fee just like on the Visa. Well, on the £50 one, I did not check the cheaper one in much detail but no reason to expect anything less than £2.95.
It has nicer packaging than Visa though.
Nov 18, 2014, 2:17 pm
#1496
Join Date: Jun 2013
Location: UK
Programs: Amex Plat; BA Bronze; HHonors Diamond; Tesco Blue
Posts: 72
With exactly the same fees, I don't see how it makes sense (unless you intend to buy as a gift as it does look nicer/more premium). Visa is accepted more widely, and those fee-Visa cards can be deposited into NS&I.
Nov 19, 2014, 6:23 am
#1499
Join Date: Nov 2012
Location: London, Copenhagen
Programs: SK*G, BA Gold, IHG Plat AMB
Posts: 969
