Credit cards offering rewards and cashback have become increasingly popular in the UK, allowing consumers to earn benefits on their daily purchases. With a wide range of options available, it’s essential to understand the different types of rewards and cashback credit cards, as well as their benefits and fees. In this article, we’ll delve into the world of rewards and cashback credit cards in the UK, exploring the top options and what you need to know to make an informed decision.
Top Credit Cards for Cashback Rewards in the UK
Cashback credit cards are ideal for those who want to earn a percentage of their spending back as a reward. Here are some of the top cashback credit cards in the UK:
- American Express Platinum Cashback Credit Card: Offers 5% cashback for the first 3 months, up to £125, and 1% cashback on all purchases thereafter.
- Barclays Cashback Credit Card: Provides 0.5% cashback on all purchases, with no spending limits or categories.
- Santander All in One Credit Card: Offers 0.5% cashback on all purchases, plus a £20 monthly cashback bonus for paying on time.
- John Lewis & Partners Credit Card: Gives 0.5% cashback on all purchases, with double cashback at John Lewis & Partners stores.
When choosing a cashback credit card, consider the cashback rates, spending limits, and any additional fees or requirements.
Top Credit Cards for Rewards in the UK
Rewards credit cards offer a range of benefits, from travel points to retail vouchers. Here are some of the top rewards credit cards in the UK:
- British Airways American Express Credit Card: Earn 1.5 Avios points per £1 spent, with a 25,000 Avios bonus when you spend £3,000 in the first 3 months.
- Virgin Atlantic Credit Card: Collect 1.5 Flying Co miles per £1 spent, with a 15,000 miles bonus when you spend £3,000 in the first 90 days.
- M&S Credit Card: Earn 1 point per £1 spent, with triple points at M&S stores and a £20 voucher when you spend £1,000 in the first 3 months.
- Tesco Credit Card: Collect 1 point per £1 spent, with 1 point = 1p redeemable at Tesco stores and a £20 voucher when you spend £1,000 in the first 3 months.
When choosing a rewards credit card, consider the type of rewards that appeal to you, as well as any spending requirements or restrictions.
