In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees and charges
    • Application requirements
  • Your reviews
🏆 Finder award

Amex® Cashback Credit Card review

  • Chris Lilly's headshot
Amex® Cashback Credit Card
Representative example:
Representative 35.6% APR variable. Based on £25 annual fee, assumed borrowing of £1,200. Rate of interest 30% p.a. (variable).
Earn rate
1p per £1.33 spent
Balance transfer fee
0%
Interest-free each billing period
Up to 56 days

Our verdict

Earn a generous introductory cashback rate on every pound spent on purchases and no rewards cap on the .
Gold Finder Awards Badge
Finder Awards 2024 highly commended
Customer Satisfaction Award

If you prefer cashback to points, this card has a decent return on all purchases, with no spending cap on rewards. Additionally, if you spend enough on your American Express Cashback Card, you’ll access a higher rate of cashback.

The standard rate on purchases isn't anything to write home about, but if you clear your balance in full each month, you'll benefit from up to 56 days of 0% interest on purchases each billing cycle – meaning you could avoid interest altogether. If you do end up carrying a balance from month to month, then it's likely that what you'll pay in interest will outweigh the rewards you'll earn.

Ultimately, it's big spenders who always clear their balance in full each month (you can set up a direct debit to do this) who will stand to benefit the most from this card.

Pros

  • Earn cashback on day-to-day spending
  • Up to £125 introductory bonus cashback
  • Access to pre-sale tickets with American Express Experiences
  • Customers report excellent customer service when dealing with American Express

Cons

  • Account fee of £25 per year
  • The welcome bonus cashback is only available to customers who have not held a personal Amex card in the previous 24 months
  • Applicants with low credit scores are unlikely to be eligible

In this guide

  • Our verdict
  • Details
    • Product overview
    • Fees and charges
    • Application requirements
  • Your reviews

With a low annual fee by platinum card standards and travel insurance thrown in (subject to enrolment), this card could be worth your while if you're likely to use it a lot for day-to-day spending.

Details

Product overview

Issuer American Express
Network Amex
Representative APR 35.6% APR (variable)
Annual/monthly fees £25 per year
Loyalty scheme Cashback
Cashback details First year free + Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership. Offer ends 15 July 2025. New Cardmembers only. Terms apply. 18+, subject to status.
Incentive First year free + Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership. Offer ends 15 July 2025. New Cardmembers only. Terms apply. 18+, subject to status.
Incentive on opening First year free + Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership. Offer ends 15 July 2025. New Cardmembers only. Terms apply. 18+, subject to status.
Additional Rewards Info Refund Protection (90 days to return, receive max £200 per item, max £750 per annum). Global Assist - 24/7 help available when travelling outside the UK. Access to tickets for must-see music, theatre and film events, often before they go on sale to the general public with American Express Experiences. Eligible for American Express Connect where cardmembers can choose offers from selected retailers to obtain discounts or cashback.
Purchases 30
Purchases interest-free period (days) 56
Potential costs 6Standard
Extras 8.3Great
Overall Finder Score 7.8Great

Fees and charges

Minimum monthly payment Greater of: 2% of the underlying balance plus the month's interest and any applicable fees and charges; £25; or the outstanding balance.
Annual/monthly fees £25 per year
Balance transfer fee 0%
Foreign usage charge (EU) 2.99%
Foreign usage charge (rest of world) 2.99%
Cash advance fee 3
Late payment fee 12
Replacement card fee £0
Duplicate statement fee £2
Exceeding limit fee £0
Additional card fee £0
Dormancy fee £0

Application requirements

Minimum Age 18
Minimum income £20,000
Residency UK resident and has a UK bank or building society account.
Availability Available to new customers

How does it compare with other Amex rewards deals?

Table: sorted by representative APR, promoted deals first
Product Finder Score Rewards earn rate Max. intro bonus Annual/monthly fees Representative APR Incentive Representative example
Finder score
3 points per £1 spent with selected partners, 2 per £1 elsewhere
20,000 points
£30 per year
36.8% APR (variable)
New welcome offer: No annual fee for your first year. Earn 20,000 bonus Nectar points when you spend £2,000 in your first 3 months. Earn a minimum of 3 Nectar points for virtually every £1 spent at Nectar partners, and 2 Nectar points for virtually every £1 spent elsewhere.
Representative example: Representative 36.8% APR variable. Based on £30 annual fee, assumed borrowing of £1,200. Rate of interest 30% p.a. (variable).
Check eligibility More info
Compare product selection
American Express® Rewards Credit Card image
Finder score
Finder score
1 point per £1 spent
10,000 points
£0
30% APR (variable)
Earn 1 Membership Rewards® point for every £1 spent thereafter. Earn up to 90,000 bonus points per year through refer a friend, 4,000 points awarded for every friend approved. 1 point = 0.45p (min 1,000 points) to shop, other rewards have differing conversions.
Representative example: Representative 30% APR variable. Based on assumed borrowing of £1,200. Rate of interest 30% p.a. (variable).
Check eligibility More info
Compare product selection
Amex® Cashback Everyday Credit Card image
Finder score
Finder score
N/A
5%
£0
30% APR (variable)
Welcome offer: Get 5% cashback on your purchases (up to £125) for the first 5 months of Cardmembership. Terms and minimum spend apply. 18+, subject to status.
Representative example: Representative 30% APR variable. Based on assumed borrowing of £1,200. Rate of interest 30% p.a. (variable).
Check eligibility More info
Compare product selection
British Airways American Express® Credit Card image
Finder score
Finder score
1 point per £1 spent
5,000 points
£0
30% APR (variable)
New Cardmembers collect 5,000 bonus Avios when you spend £2,000 in the first 3 months of your Cardmembership. T&Cs Apply, 18+, subject to status.
Representative example: Representative 30% APR variable. Based on assumed borrowing of £1,200. Rate of interest 30% p.a. (variable).
Check eligibility More info
Compare product selection
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Finder Score for credit cards

To make comparing even easier we came up with the Finder Score. Costs, perks and suitability across 120+ cards are all weighted and scaled to produce a score out of 10. The higher the score the better the card – simple.

Read the full methodology

Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow. Most of the data in Finder's comparison tables is provided by Defaqto.

Hiren Laxman's headshot
Case study: Hiren likes the cashback he gets with this Amex credit card

"I chose this card for the cashback and there was a good introductory offer on at the time. The customer service is really good and they were fast at responding when I needed refunds on a couple of things. The card is good to use when travelling abroad too.

If there’s one thing you’d tell a friend who’s thinking of getting this, what would it be?

I feel like a lot of the Amex cards are similar, so I would look out for introductory offers. This card gives you cashback, so if you’re into saving then it’s good for that."

Hiren Laxman
London

Repayment options

You can make manual repayments through American Express's app by logging in to your online banking or over the phone (0800 917 8047). Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount
Fixed amount
Fixed percentage
Full amount

How to apply

First, you can use Finder's eligibility checker to find out if you'd be likely to get approved for the Amex® Cashback Credit Card. This won't impact your credit score. If it's good news, you can then proceed to American Express's online application, which takes 10–15 minutes to complete.

If you’re looking for an affordable premium credit card, the American Express Cashback Card offers a generous intro bonus and a range of other perks for a relatively small annual fee. Of course, the more you spend, the more you’ll get in cashback, which makes this card a better choice for those who do a lot of spending using their credit card.

But if you’re certain to pay off your balance in full every month, you should be able to get good value out of the card’s impressive earn rate, even when you take the annual fee into account.

American Express and Finder Awards

Finder Awards logo

Our Finder Awards celebrate brands that truly stand out in their field, creating innovative personal finance products and providing outstanding service to their customers. American Express is one of these brands and has won multiple awards!

Here's what it's won in the past year:

  • 2025 Provider of the Year Award (Rewards Credit Card)
  • 2025 Provider of the Year Award (Business Charge Card)

Frequently asked questions

What credit limit will I get with the Amex® Cashback Credit Card?

If American Express offers you this deal, it will specify a personalised credit limit based on American Express's assessment of your situation. Once you've had the card for a while and shown American Express you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the Amex® Cashback Credit Card?

Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.

The cash advance fee on the Amex® Cashback Credit Card is 3.

The interest rate on this part of your balance will be 37.3% (chargeable from the day of the transaction – the card's usual "up to 56 days interest-free" grace period won't apply).

How much does it cost to use the Amex® Cashback Credit Card abroad?

Non-sterling transactions are subject to a 2.99% charge (which is very standard). For example, if you spend 200 euros (£172.71), it'll cost you around £5.16 in fees.

Can I request an additional Amex® Cashback Credit Card?

Yes, you can request one more. There's no fee for additional cards. Plus, with additional cards, you could be able to earn cashback at a faster rate. Bear in mind that card debt accrued by additional cardholders is the sole responsibility of the account holder – not the additional cardholder.

Can I use the American Express Cashback Card with Addison Lee?

Yes, you can use your Amex Cashback Card to book a private car or vehicle, and can also use it with CityFleet, Radio Taxis and Checker Cars. You can book a car up to three months in advance by using the Addison Lee app.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

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