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What are Cashback Credit Cards?

Cashback Credit Cards can be the perfect way to earn cashback on everything you buy, and if managed effectively, can come with a whole host of additional benefits. These cards are ideal for regular card users, such as those who prefer using plastic for their everyday spending, and use their income to repay the balance in full each month.

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American Express Logo
American Express Platinum Cashback Card
Intro Rate For Purchases
No introductory rate for purchases
APR
28.2%
Additional Information
5% cashback for the first 3 months, capped at £125
Annual fee of £25
1% cashback on spend between £1-£10K per year. 1.25% over £10K per year
Go To Provider's Site
Representative Example: Based on a credit limit of £1200.00 charged at 22.9% variable per annum for purchases. Fee of £25 per annum applies. Representative 28.2% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income No minimum income
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 2.0% or £25.00 each month.

Standard Interest Rates

For purchase
Monthly 1.740%
APR 28.2%
For cash withdrawals
Monthly 2.080%
Annual 27.90%
For balance transfers
Monthly Balance transfer not available
Annual Balance transfer not available
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee £25.00 per annum
Balance transfer fee Balance transfer not available
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 2.99%
Worldwide 2.99%

Additional Information

£30 per friend/family member that successfully applies for an American Express card (Excl. Basic card) and uses Referral Programme (maximum £150 per annum). The cashback rebate is not payable in respect of any month in which the minimum payment is not received by the due date.
American Express Logo
American Express Platinum Cashback Everyday Card
Intro Rate For Purchases
No introductory rate for purchases
APR
22.9%
Additional Information
5% cashback for the first 3 months, capped at £100
No balance transfers
0.50% cashback on spend between £1-£5K per year. 1% over £5K per year
Go To Provider's Site
Representative Example: Based on a credit limit of £1200.00 charged at 22.9% variable per annum for purchases. Representative 22.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income No minimum income
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 2.0% or £25.00 each month.

Standard Interest Rates

For purchase
Monthly 1.740%
APR 22.9%
For cash withdrawals
Monthly 2.080%
Annual 27.90%
For balance transfers
Monthly Balance transfer not available
Annual Balance transfer not available
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee N/A
Balance transfer fee Balance transfer not available
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 2.99%
Worldwide 2.99%

Additional Information

Earn up to £150 additional bonus cashback per calendar year. £20 per friend/family member that successfully applies for an American Express card (Excl. Basic card) and uses Referral Programme. The cashback rebate is not payable in respect of any month in which the minimum payment is not received by the due date.
Santander Logo
Santander All in One Credit Card Mastercard
Intro Rate For Purchases
0.0% for 26 months.
APR
21.7%
Additional Information
0.5% cashback on purchases
Monthly fee of £3
Manage your card online
Go To Provider's Site
Representative Example: Based on a credit limit of £1200.00 charged at 15.9% variable per annum for purchases. Fee of £3 per month applies. Representative 21.7% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income £7500.00
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 1.0% or £5.00 each month. The minimum payment will be the sum of (i) the amount of any interest, payment protection insurance premiums, monthly fee and default fees charged to your account plus (ii) 1% of the remaining balance shown on your statement plus (iii) amount of any arrears which are payable immediately; subject to a min of £5 or the full balance if less than £5.

Standard Interest Rates

For purchase
Monthly 1.241%
APR 21.7%
For cash withdrawals
Monthly 2.207%
Annual 29.90%
For balance transfers
Monthly 1.241%
Annual 15.90%
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee £3.00 per month
Balance transfer fee 3.00% - Min £5.00
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 0.00%
Worldwide 0.00%

Additional Information

-
First Trust Bank (NI) Logo
First Trust Bank (NI) Visa/Mastercard Option 1
Intro Rate For Purchases
No introductory rate for purchases
APR
18.9%
Additional Information
Low cash withdrawal charges
Purchases charged interest as soon as you make them
0.50% cashback on spend over £5K per year
Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases. Representative 18.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income No minimum income
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 3.0% or £5.00 each month. Or the full balance (if less than £5) OR 1% of the outstanding balance plus interest, plus fees, plus any insurance premium.

Standard Interest Rates

For purchase
Monthly 1.453%
APR 18.9%
For cash withdrawals
Monthly 1.453%
Annual 18.90%
For balance transfers
Monthly 1.453%
Annual 18.90%
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee N/A
Balance transfer fee 1.50% - No minimum charge
Cash withdrawal fee 1.50% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 2.75%
Worldwide 2.75%

Additional Information

-
Tandem Bank Logo
Tandem Bank Cashback Credit Card Mastercard
Intro Rate For Purchases
No introductory rate for purchases
APR
18.9%
Additional Information
No non-sterling commission or transaction fees on foreign spend and ATM withdrawals
No balance transfers
0.50% cashback on spends over £1.
Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases. Representative 18.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income £13000.00
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 1.0% or £5.00 each month. All interest and default charges applied to the account that month plus the greater of 1% of the remaining balance or £5 (or the statement balance if less than £5)

Standard Interest Rates

For purchase
Monthly 1.450%
APR 18.9%
For cash withdrawals
Monthly 1.450%
Annual 18.90%
For balance transfers
Monthly Balance transfer not available
Annual Balance transfer not available
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee N/A
Balance transfer fee Balance transfer not available
Cash withdrawal fee 2.50% - Min £2.50
Money transfer fee Money transfer not available
Using a card abroad
European Union 0.00%
Worldwide 0.00%

Additional Information

Earn cash back on all purchases over £1 worldwide.
NewDay Ltd Logo
NewDay Ltd aqua Reward Mastercard
Intro Rate For Purchases
No introductory rate for purchases
APR
34.9%
Additional Information
No fees for using card abroad
High rate for cash withdrawals
0.50% cashback on spend between £1-£20K per year
Representative Example: Based on a credit limit of £1200.00 charged at 34.95% variable per annum for purchases. Representative 34.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income No minimum income
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 1.0% or £5.00 each month.

Standard Interest Rates

For purchase
Monthly 2.529%
APR 34.9%
For cash withdrawals
Monthly 3.142%
Annual 44.95%
For balance transfers
Monthly 2.529%
Annual 34.95%
For money transfers
Monthly 2.529%
Annual 34.95%

Benefits and Features

Interest free days (purchase) 48
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available

Charges

Card fee N/A
Balance transfer fee 3.00% - Min £3.00
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee 3.00% - Min £3.00
Using a card abroad
European Union 0.00%
Worldwide 0.00%

Additional Information

-
Santander Logo
Santander World Elite Mastercard
Intro Rate For Purchases
0.0% for 18 months.
APR
49.8%
Additional Information
24 hour customer service
Monthly fee of £15
Standard 0.50% on spend over £1 per year
Representative Example: Based on a credit limit of £1200.00 charged at 18.9% variable per annum for purchases. Fee of £15 per month applies. Representative 49.8% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income £7500.00
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 1.0% or £5.00 each month. The minimum payment will be the sum of (i) the amount of any interest, payment protection insurance premiums, monthly fee and default fees charged to your account plus (ii) 1% of the remaining balance shown on your statement plus (iii) amount of any arrears which are payable immediately; subject to a min of £5 or the full balance if less than £5.

Standard Interest Rates

For purchase
Monthly 1.457%
APR 49.8%
For cash withdrawals
Monthly 2.207%
Annual 29.90%
For balance transfers
Monthly 1.457%
Annual 18.90%
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee £15.00 per month
Balance transfer fee 3.00% - Min £5.00
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 0.00%
Worldwide 0.00%

Additional Information

-
smile Logo
smile Classic Credit Card Visa
Intro Rate For Purchases
No introductory rate for purchases
APR
16.9%
Additional Information
Travel Accident Insurance up to £25K available
No transfers from other Co-operative Bank cards
0.25% cashback on spend over £1 per month
Representative Example: Based on a credit limit of £1200.00 charged at 16.9% variable per annum for purchases. Representative 16.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 18 years
Minimum income £10000.00
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 2.0% or £5.00 each month.

Standard Interest Rates

For purchase
Monthly 1.313%
APR 16.9%
For cash withdrawals
Monthly 1.941%
Annual 25.90%
For balance transfers
Monthly 1.313%
Annual 16.90%
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee N/A
Balance transfer fee No charge
Cash withdrawal fee 3.00% - Min £3.00
Money transfer fee Money transfer not available
Using a card abroad
European Union 2.75%
Worldwide 2.75%

Additional Information

-
Barclaycard Logo
Barclaycard Platinum Cashback Plus Visa
Intro Rate For Purchases
No introductory rate for purchases
APR
21.9%
Additional Information
No cash withdrawal fee for ATM withdrawals outside UK
Can't change payment due date
Contactless payments up to £30
Representative Example: Based on a credit limit of £1200.00 charged at 21.9% variable per annum for purchases. Representative 21.9% APR variable.
Application Criteria
Bill Payment
Standard Interest Rates
Benefits and Features
Charges
Extra Information

Application Criteria

Existing customers only
Invitation only
Minimum age 21 years
Minimum income £20000.00
Credit repair card
Apply for this card
Internet
In branch
Post
Telephone

Bill Payment

Standing order (fixed amount)
Direct debit (minimum payment)
Direct debit (fixed monthly amount)
Direct debit (fixed % of balance)
Direct debit (full amount)
Minimum monthly payment
Greater of 2.3% or £5.00 each month. Or any interest, account fees and default charges that have been added to your account since your last statement plus 1% of the remaining balance.

Standard Interest Rates

For purchase
Monthly 1.663%
APR 21.9%
For cash withdrawals
Monthly 2.071%
Annual 27.90%
For balance transfers
Monthly 1.663%
Annual 21.90%
For money transfers
Monthly Money transfer not available
Annual Money transfer not available

Benefits and Features

Interest free days (purchase) 56
Rewards earned on
Purchases
Balance transfers
Money transfers
Cash transfers
Money transfer available
Contactless payment
Available
Minimum payment £0.01
Maximum payment £30.00

Charges

Card fee N/A
Balance transfer fee 3.50% - No minimum charge
Cash withdrawal fee 2.99% - Min £2.99
Money transfer fee Money transfer not available
Using a card abroad
European Union 2.99%
Worldwide 2.99%

Additional Information

-
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Disclaimer

All credit cards are subject to the applicant’s status. The APR quoted is representative of the interest rate offered to most successful applicants. Depending on your personal circumstances the APR you are offered may be higher, or you may not be offered credit. Fees and rates subject to change without notice. Please check all rates and terms before borrowing.

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Cashback credit cards

nigel woollsey

Nigel Woollsey

Online Writer

At a glance

  • Cashback cards offer a cash payment (usually to your credit card account).
  • They are ideal for customers who pay off their credit card bill in full every month.
  • Can greatly benefit people who use card transactions for their usual daily spending.

Get cashback for spending on your credit card. Compare the best cards but remember that some offers are for a limited period.

What are cashback credit cards?

If you like to spend on your credit card and pay it off in full every month, you don’t need flashy 0% offers, or even a particularly low purchase rate (as you never intend to pay it). Instead, you want a credit card that will reward your custom, perhaps with points, airmiles, vouchers, or even with cashback.

cashback credit card is not suitable for you if you don’t repay your balance in full each month (or before any 0% introductory period ends) because any cashback you earn from the card will be more than cancelled out by the interest you must pay.

Watch out as well for card providers offering high introductory cashback rates –  making note of when this period ends in order to review the cashback deal, maybe changing to a new card with a higher standard rate – as well as the minimum transaction amount you need to make before you start earning cashback.

Why get a cashback credit card?

There’s nothing better than getting something for nothing, and cashback credit cards can offer just that! They can be the perfect way to earn cashback on everything you buy, and if managed effectively, can come with a whole host of additional benefits as well.

These cards are ideal for regular card users, such as those who prefer using plastic for their everyday spending and use their income to repay the balance in full each month. This way, users really are getting something from money they were going to spend anyway, and if you go about things the right way, you could easily profit from it.

However, the key here is to make sure you manage things properly. Cashback credit cards should only ever be considered by those who can comfortably pay off the balance in full each month, as otherwise, the interest payments could cancel out any cashback earned.

Pros and cons of cashback credit cards

  • Cashback can be earned on virtually all purchase transactions.
  • You must pay off the whole amount owed every month, or the interest charged will easily offset any cashback you might get.
  • Failure to make repayments may see your offer being withdrawn.
  • Can encourage people to spend more than their budget in pursuing specific rewards.
  • Cashback is not usually earned on cash withdrawals or balance and money transfers.
  • Can have a minimum spend, so if you don’t spend enough, you can lose any cashback.

Moneyfacts tip

Moneyfacts tip nigel woollsey

You should never just make the minimum repayments and absolutely need to keep up with all your bills – consider setting up a direct debit to make sure you never miss a payment.

At a glance

  • Cashback cards offer a cash payment (usually to your credit card account).
  • They are ideal for customers who pay off their credit card bill in full every month.
  • Can greatly benefit people who use card transactions for their usual daily spending.

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