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The Best Cashback Credit Cards

Updated: 21st November, 2018.

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We’ve vetted some of the most popular credit cards on the market to bring you our shortlist of the best credit cards for racking up cashback rewards. These cards can be great for those that want their spending rewarded with cold, hard cash.


Our top cashback picks at a glance:


American Express Platinum Cashback Everyday Card

Good for: Everyday cash back with no fee

Our Rating:

StarStarStarStarStar

4.7 stars


Features
  • 5% cashback for first 3 months (up to £100)
  • 0.5% cashback after first 3 months
  • Up to 1% cashback after first 3 months with spending above £5,000


Our Bottom Line

Cashback rewards are hard to come by these days, but if that’s what you’re looking for, the American Express Cashback Everyday Card may be a good bet. The standard cashback yield is 0.5%, but for those that spend more than £5,000, that bumps up to 1%. New cardholders also get a bonus of 5% cashback over the first three months, which maxes out at £100. Its sister card offers a bigger welcome bonus and higher cashback, but the Everyday Card has the advantage of no fee.

Full American Express Platinum Cashback Everyday Card review

Representative APR (variable):

22.90%

Cashback yield:

1.00%


Asda Cashback Credit Card

Good for: Cashback for Asda shoppers

Our Rating:

StarStarStarStarEmpty Star

3.8 stars


Features
  • 0.2% cashback vouchers for Asda on all purchases
  • 1% cashback vouchers for Asda for spending at Asda and George.com
  • 0% on balance transfers for 12 months (3% balance transfer fee)
  • 0% APR for 6 months on purchases of £200 at George.com


Our Bottom Line

The Asda Cashback Credit Card is an interesting card that sets itself apart from the competition. It’s important to note that the “cashback” is not true cash, but rather cashback vouchers to Asda. Plus, while you get 0.2% “cashback” for all of your shopping, you’ll get 1% for shopping at Asda and online affiliates (like George.com). Tack on a balance transfer option (albeit with a balance-transfer fee) and six months of 0% APR for large purchases at George.com and this is a compelling card to consider.

Full Asda Cashback Credit Card review

Representative APR (variable):

19.90%

Cashback yield:

0.30%


Tandem Cashback Credit Card

Good for: Everyday cash back

Our Rating:

StarStarStarEmpty StarEmpty Star

3.1 stars


Features
  • 0.5% cash back on all purchased above £1 worldwide
  • No annual fee
  • No fees on purchases made abroad


Our Bottom Line

With a 0.5% cashback yield and no annual fee, the Tandem Cashback Credit Card is a solid choice for those looking for cash rewards on their spending. The card lacks the sign-up bonus that some other cards have, but for those with good credit, the card sports a representative APR at the lower end of the range for the category. And there’s no annual fee to worry about.

Full Tandem Cashback Credit Card review coming soon!

Representative APR (variable):

18.90%

Cashback yield:

0.50%


American Express Platinum Cashback Credit Card

Good for: Everyday cash back with an extra boost for big spenders

Our Rating:

StarStarStarEmpty StarEmpty Star

2.8 stars


Features
  • 5% cashback for first 3 months (up to £125)
  • 1% cashback after first 3 months
  • Up to 1.25% cashback after first 3 months with spending above £10,000


Our Bottom Line

If your goal is maximizing your cashback rewards, the American Express Platinum Cashback Credit Card could be your best bet. The downside is that the card carries an annual fee of £25. However, you get 5% cashback over the first three months (up to £125) and 1% cash back after that. And if you spend more than £10,000, you unlock an even higher 1.25% cashback rate.

Full American Express Platinum Cashback Credit Card review coming soon!

Representative APR (variable):

28.20%

Cashback yield:

1.25%


aqua reward Cashback Credit Card

Good for: Getting cash back while building credit

Our Rating:

StarStarEmpty StarEmpty StarEmpty Star

1.9 stars


Features
  • 0.5% cash back on purchases up to £100 per year
  • Initial credit limit £250-£1,200
  • Could help build or rebuild credit


Our Bottom Line

Building your credit is much sweeter when you’re getting cashback rewards at the same time. The aqua reward Cashback Credit Card can help those looking to build or rebuild their credit, and at the same time, cardholders earn 0.5% cashback on their spending (up to £100 per year).

Full aqua reward Cashback Credit Card review coming soon!

Representative APR (variable):

34.90%

Cashback yield:

0.50%

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