Uncapped cashback credit card?

LisaC22

i see that Amex is quoted as the best CC at 5% but there is a max cashback of £100. does anyone know of any cards that have uncapped cashback?

I have £10k spend next month which i will pay off in full and am looking for the best return. Will probably spend £25k in the year and always pay off in full.

maybe another type of card is best for this?
thanks

[Deleted User]

Amex isn't capped. Only the introductory 5%.

lisyloo

i see that Amex is quoted as the best CC at 5% but there is a max cashback of £100.

Only for the 5%.
You still get cashback after that and at a higher rate than other cards.

maybe another type of card is best for this?

No, Amex is the highest paying - unless of course there is a particular shop you like or a particular reward (avios?) that you are after.
In general cashback is mostly 0.5% these days unless you spend it at a specific retailer e.g.M&S card spent at M&S, or Asda card spent as Asda.

keiran

The Amex platinum cashback credit card is clearly the best cashback card at present ( I did a recent search for myself)

It gives 5% for the first 3 months, 1.25 % thereafter and 2.5% cashback in the first month of every year if you spend more than £10,001 in your previous 12 months.

Pl see my PM to you for further info and analysis

LisaC22

sorry, I meant the cash-back in the first 3 months is capped at £100 i.e. it is not 5% on all transactions giving a limitless cash-back in £s for the first 3 months.

keiran

The Amex Everyday cashback card has a limit of £100 (5% on £2000), but the Amex Platinum card has a limit of £125 ( 5% on £2500)

The latter does have an annual fee, but still worthwhile for the overall higher cashback given your high spending patterns

King_Of_Fools

LisaC22 wrote: »

sorry, I meant the cash-back in the first 3 months is capped at £100 i.e. it is not 5% on all transactions giving a limitless cash-back in £s for the first 3 months.

The 5% part is limited to £100 or £125 but you can still earn more cashback in the first 3 months.

If you plan a £10,000 spend in the first month you would get:

Platinum everyday
5% on first £2000 = £100
0.5% on next £3500 = £17.50
1% on next £4000 = £40
1.25% on final £500 = £6.25
TOTAL = £163.75

Platinum
5% on first £2500 = £125
1.25% on final £7500 = £93.75
Annual fee = - £25
TOTAL = £193.75