Updated: 22nd January, 2019.
> Home > The Best Credit Cards for 2019 > The Best Cashback Credit Cards
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
- Asda Cashback Credit Card
- Tandem Cashback Credit Card
- American Express Platinum Cashback Credit Card
American Express Platinum Cashback Everyday Card
Good for: Everyday cash back with no fee
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 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 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
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 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
Representative APR (variable):
28.20%
Cashback yield:
1.25%
5 Things You MUST Check Before You Apply For A Credit Card
Thanks to the research we’ve done for you, you should have a good idea of which credit card suits your needs best. Now there’s just one more important page you need to read: “5 Things You MUST Check Before You Apply For A Credit Card” is a special report from The Motley Fool, and it’s completely free!
This expertly prepared report will inform you how to repair your credit history, explain why your credit report may contain errors and how you can fix these, as well as guide you through exactly how the UK credit scoring system works and why you need to understand it. All that’s left to do is click here for access, and it won’t cost you a penny!
The Motley Fool receives compensation from some advertisers who provide products and services that may be covered by our editorial team. It’s one way we make money. But know that our editorial integrity and transparency matters most and our ratings aren’t influenced by compensation. The statements above are The Motley Fool’s alone and have not been provided or endorsed by bank advertisers. The Motley Fool has recommended shares in Lloyds, Tesco and Barclays.