Best cashback credit card?

DemiDee

I currently have a few credit cards, but I nearly always use my Barclaycard (formerly Goldfish, formerly Morgan Stanley) because it offers 1% cashback on the first £200 per month spent, and then 0.5% thereafter. I think that's pretty good in this climate. Does anyone know of a better deal out there?

Many thanks,

Dee

anotherpaul_2

Depending on how much you spend, the Amex one can be better. But it's not accepted everywhere, which is a bit of a pain.

beer_tins

[STRIKE]Egg money is 1% for all spend[/STRIKE]. The Amex is great for the first 3 months (5% up to £4000 spend), then drops to between 0.5% and 1.5% depending on spend. I find that many more places take Amex now, though some still don't.

edit: the egg money card no longer seems to be available.

Check Martin's guide on cashback cards:
http://www.moneysavingexpert.com/cards/cashback-credit-cards

nomoneytoday

Citi give 1% cashback off your petrol bill (plus 3% at Shell garages), so if you drive it can be worth it...

DemiDee

beer_tins wrote: »

[strike]Egg money is 1% for all spend[/strike]. The Amex is great for the first 3 months (5% up to £4000 spend), then drops to between 0.5% and 1.5% depending on spend.

Many thanks Beer. BUT is that 5% just for the first three months upon opening the account, or 5% for the first lot spent each January? If it's just for the opening of the card only, then I've been there, done that and definitely got the t-shirt!

Dee

anotherpaul_2

DemiDee wrote: »

Many thanks Beer. BUT is that 5% just for the first three months upon opening the account, or 5% for the first lot spent each January? If it's just for the opening of the card only, then I've been there, done that and definitely got the t-shirt!

5% for the first 3 months of the first year up to £4,000 spend.
Then, for the rest of the first year and for each subsequent year (until they change the offer).
0.5% on first £3,500 of spend
1% on next £6500
1.5% on everything above £10,001 spend in total in the year.

I believe the spend on the 5% intro counts against the annual spend, so if you spend £3,500+ in the first three months, the next bit starts at 1%.

DemiDee

That's really useful Paul. I should know all of this because I've got an AMEX card, but after being unable to use it in several places, I gave up and got a Morgan Stanley one.

Sorry to be stupid, but is the 'first three months' always Jan-March? And do these criteria apply to all of the AMEX cards? Mine is an AMEX Blue.

Many thanks for all your help - this board is invaluable!

Dee x

IWantToBeFree_2

The first 3 months is an introductory offer, so when you open the account, you get 3 months at 5%, you don't get 3 months at 5% every year. So no, its not always January to March, it all depends on when you open the account.