Best reward/cash back credit card

D3xt3r5L4b

NoodleDoodleMan said:

D3xt3r5L4b said:

NoodleDoodleMan said:

Amex is best for UK, especially if you are using it as described above, which is our practice.

There is a modest £25 annual fee, however that can be offset by the cashback accrued over 12 months - paid for 'er indoors yearly car service and MOT, a nice little earner.

Barclaycard Reward is good for holidays abroad - no FX fees at ATMs - as long as balance is paid in full when next monthly statement is due for settlement.

Or take the free offering.

Unless you’re spending more than £10k per year then there’s little point taking the card that had the fee. 

Going by the OP's annual usage explanation he should meet that £10K threshold.

Even so the difference is negligible. 

0.25% extra for the sake of £25. 

WillPS

Gerry1 said:

gobeye said:

The RBS / NatWest reward card is probably your next best bet for more traditional cards, 0.25% on general spend, 1% on supermarket shop.

Hardly worth it with the £24 annual fee...

Waived if you have a Reward current account, which itself can earn you £3/month with very little effort.

Saver1980

Hi,
I was looking at the AmexPlatinum Everday card.  If i was to pay off a holiday balance with this card, would it count towards the cashback ?

Thanks
Brian

NoodleDoodleMan

Not sure how accurate Amex webpage is with current rates.

https://www.americanexpress.com/uk/credit-cards/?inav=gb_menu_cards_pc_creditcards

However, going by that data and my basic number crunching - the basic no fee Platinum Cashback Everday CC will produce £300 each anniversary on a £10 grand annual spend - whereas the Platinum Cashback with £25 fee will achieve £500. Therefore, obviously, the latter is a £175 better deal.

Of course, I may be arithmetically challenged  - and/or the percentage rates quoted are out of date.

clive0510

I Have sainsburys credit card and when i use it in sainsburys I get double nectar pionts. so after 2 months or maybe 8 weeks shopping I got enough points for a free shop. I do know, before you point it out, its not actually a free shop! but you get what I mean.

D3xt3r5L4b

Saver1980 said:

Hi,
I was looking at the AmexPlatinum Everday card.  If i was to pay off a holiday balance with this card, would it count towards the cashback ?

Thanks
Brian

Yes. Why wouldn’t it?

D3xt3r5L4b

NoodleDoodleMan said:

Not sure how accurate Amex webpage is with current rates.

https://www.americanexpress.com/uk/credit-cards/?inav=gb_menu_cards_pc_creditcards

However, going by that data and my basic number crunching - the basic no fee Platinum Cashback Everday CC will produce £300 each anniversary on a £10 grand annual spend - whereas the Platinum Cashback with £25 fee will achieve £500. Therefore, obviously, the latter is a £175 better deal.

Of course, I may be arithmetically challenged  - and/or the percentage rates quoted are out of date.

No that’s completely wrong.

The Everyday Card will net you £75 on £10,000 spend and the fee-based Card will earn you £100 cashback, then take off the £25 fee making it the same £75 earning.

NoodleDoodleMan

Indeed, the rates quoted on that webpage have not been updated as I suspected.

Not sure why the German version is coming up now !!!

D3xt3r5L4b

NoodleDoodleMan said:

Indeed, the rates quoted on that webpage have not been updated as I suspected.

Not sure why the German version is coming up now !!!

The rates are as they always have been.

Everyday Card:

• Spend £0 to £5,000 and receive 0.5% cashback on purchases
• Spend over £5,000 and receive 1% cashback on purchases
  
  

Fee Card:

• Spend £0 to £10,000 and receive 1% cashback on purchases
• Spend over £10,000 and receive 1.25% cashback on purchases

NoodleDoodleMan

"The rates are as they always have been."

Always ?

https://www.americanexpress.com/uk/credit-Cards/all-Cards/?sourcecode=A0000EV0K9&cpid=100330959&dsparms=dc_pcrid_391823819895_kword_amex uk_match_e&gclid=Cj0KCQjwv7L6BRDxARIsAGj-34riv6k15oPGdakUlYa5TB-U_WTwoM3IhPw2ykpuOQyjtcaTs2_n4yMaAnneEALw_wcB&gclsrc=aw.ds

When I opened our Platinum Cashback card in July 2016 the rates were 5% up to £2500 for first three months of membership, and virtually 1.25% on every full pound spent. In the second and consecutive years there was one 2.5% "sweet month" if you had spent more £10,001 + in the previous 12 months.

I can't remember what the virtually restriction covered.

The present cashback rate on warehouse purchase is 0.5% - maybe similar ?