Best cashback card??

don2345

Am sorry for starting a new thread but doing a search and going through the results people are recommending cards which are not featured on the cash back credit card article by Martin.

I am looking for a cash back credit card. Am not a high spender and i will clear off debts each month. Not sure if the fee free American express the card to get??

I have already applied for the 123 santander card but obviously looking for another card where cashback is not eligible on the santander credit card

thebritishbloke

The Fee Free AmEx is probably your best bet. If you don't spend very much, then the fee for the 123 card (after the first year) might make it not worthwhile for you.

Aquamania

don2345 wrote: »

Am sorry for starting a new thread but doing a search and going through the results people are recommending cards which are not featured on the cash back credit card article by Martin.

I am looking for a cash back credit card. Am not a high spender and i will clear off debts each month. Not sure if the fee free American express the card to get??

I have already applied for the 123 santander card but obviously looking for another card where cashback is not eligible on the santander credit card

http://www.moneysavingexpert.com/credit-cards/cashback-credit-cards

The thing with Amex, is it's not widely accepted.

Luke

don2345 wrote: »

I am looking for a cash back credit card. Am not a high spender and i will clear off debts each month. Not sure if the fee free American express the card to get??

If you spend more than £3500 per year the fee paying card is best. That's just short of £300 per month.

The big supermarkets take Amex so the areas where you do most of your spending are covered.

d70cw6

Amex fee free for what you can
ASDA mastercard elsewhere

Luke

d70cw6 wrote: »

Amex fee free for what you can
ASDA mastercard elsewhere

Hi d70cw6

This is the way I see it

The fee free Amex pay 0.05% upto £3500 thats £17.5 cashback

On the first £3500 the fee paying card pays 1.25% thats £43.75 cashback.

£43.75 - £25 fee = £18.75 still better than the free card.

You are in profit at the £3500 level.

don2345

Thanks everyone for the replies. I might chance it with the amex fee paying card. I should get £20 back via quidco as well

So keeping all options open, what would be another alternative to use (if 123 santander card or the amex card is non-usable for cash-back)?? Would the asda card mentioned above be a good 3rd choice?

plunt

i would go with the lloyds choice rewards card. Check out the last couple of posts in the amazon credit card thread for details of what others are thinking!

King_Of_Fools

Comparing the Amex Platinum Fee and Everyday cards:

The break even point (where the 1.25% vs 0.5% cashback makes up for the £25 fee) would be at £3333.

However, the everyday card has the following statement:
"As long as you spend a minimum of £3,000 in a year, almost every full pound you spend on your Card qualifies for cashback."

I read that as you get no cashback if you spend less than £3000 in a year. So there would seem a ridiculously small £333 window where it makes sense to get the everyday card.

planteria

for me, the Amex Cashback and the CapitalOne Aspire Elite are the only cards in the game.

B19JON

Do you know anyone with a cashback Amex card? get them/someone/me to refer you & you will both get a £25 bonus cashback.

I'm yet to find anyone that does not accept my amex card... well apart from baskin robbins