The Best Cashback Credit Cards

Updated: 22nd January, 2019.

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.


Great for: Everyday cash back with an extra boost for big spenders
3 stars question mark

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.

Read full review >

CREDIT RATING req:

Good/Excellent

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Representative APR 28.2% APR variable
Annual fee Based on £25
Credit limit Assumed credit limit of £1,200
Purchase rate 22.9% variable for purchases

what we like

  • 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
  • ANNUAL FEE:

    £25
  • REPRESENTATIVE APR:

    28.2%
  • INTRO OFFER:

    5% cashback for first 3 months (up to £125)

KEY SCORES:

  • 4/5 Perks
  • 1/5Fees
  • 1/5APR

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Representative APR 28.2% APR variable
Annual fee Based on £25
Credit limit Assumed credit limit of £1,200
Purchase rate 22.9% variable for purchases
Great for: Everyday cash back
3.5 stars question mark

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.

Read full review >

CREDIT RATING req:

Good/Excellent

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

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

REPRESENTATIVE EXAMPLE

Annual purchase rate (variable) 18.9%
Representative APR (variable) 18.9%
Based on an assumed credit limit of £1,200

You may be offered a different credit limit or APR to that shown here as it depends on your individual circumstances. Subject to eligibility and credit assessment.

what we like

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

    £0
  • REPRESENTATIVE APR:

    18.9%
  • INTRO OFFER:

    N/A

KEY SCORES:

  • 1/5 Perks
  • 5/5Fees
  • 5/5APR

HIGHLIGHTS

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

REPRESENTATIVE EXAMPLE

Annual purchase rate (variable) 18.9%
Representative APR (variable) 18.9%
Based on an assumed credit limit of £1,200

You may be offered a different credit limit or APR to that shown here as it depends on your individual circumstances. Subject to eligibility and credit assessment.

Great for: Cashback for Asda shoppers
3.5 stars question mark

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.

Read full review >

CREDIT RATING req:

Good/Excellent

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Standard purchases 19.9% p.a. variable
Representative 19.9% APR variable
Based on assumed credit limit £1,200

what we like

  • 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
  • ANNUAL FEE:

    £0
  • REPRESENTATIVE APR:

    19.9%
  • INTRO OFFER:

    12 months 0% interest on balance transfers

KEY SCORES:

  • 2/5 Perks
  • 5/5Fees
  • 3/5APR

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Standard purchases 19.9% p.a. variable
Representative 19.9% APR variable
Based on assumed credit limit £1,200
Great for: Everyday cash back with no fee
5 stars question mark

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.

Read full review >

CREDIT RATING req:

Good/Excellent

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Representative APR 22.9% APR variable
Annual fee Based on £0
Credit Limit Assumed credit limit of £1,200
Purchase Rate 22.9% variable for purchases

what we like

  • 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
  • ANNUAL FEE:

    £0
  • REPRESENTATIVE APR:

    22.9%
  • INTRO OFFER:

    5% cashback for first 3 months (up to £100)

KEY SCORES:

  • 4/5 Perks
  • 5/5Fees
  • 3/5APR

HIGHLIGHTS

  • 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

REPRESENTATIVE EXAMPLE

Representative APR 22.9% APR variable
Annual fee Based on £0
Credit Limit Assumed credit limit of £1,200
Purchase Rate 22.9% variable for purchases
Advertiser Disclosure