Compare the best cashback credit cards

Get rewarded in pounds instead of points with the right cashback credit card.

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Best for cashback (+ no annual fee)
Amex Cashback Everyday Credit Card logo
Finder Award
Amex Cashback Everyday Credit Card
Check eligibility
31% APR representative variable
Finder score:
★★★★★
No annual fee
Ongoing uncapped cashback
Access to pre-sale tickets with American Express Experiences
Promoted for spending abroad
Santander All in One Credit Card logo
Santander All in One Credit Card
Check eligibility
29.8% APR representative variable
Finder score:
★★★★★
No foreign transaction fees
Over a year to spread the cost of purchases
Earn 0.5% cashback (no cap)
Best for new customers
Halifax Cashback Credit Card logo
Halifax Cashback Credit Card
22.9% APR representative variable
Finder score:
★★★★★
No annual fee
Earn cashback on day-to-day spending
Up to £20 introductory bonus cashback

Cashback credit card comparison

Table: sorted by representative APR, promoted deals first
1 - 13 of 13
Name Product Rating Finder score Max. intro bonus Default earn-rate Annual/monthly fees Representative APR Link Incentive Representative example
Santander All in One Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
N/A
0.5%
£3 per month
29.8% APR (variable)
Check eligibility
0.5% after £1 of monthly spend. Maximum of £10 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Amex® Cashback Everyday Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
£125
1%
£0
31% APR (variable)
Check eligibility
New Cardmembers get 5% cashback on your purchases (up to £125) for the first 5 months of Cardmembership. Offer ends 9 April 2024. Terms and minimum spend apply. 18+, subject to status. Terms apply. Spend £0 to £10,000 and receive 0.5% cashback on all purchases. Spend over £10,000 and receive 1% cashback on purchases.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a., your representative rate is 31% APR (variable).
Amex® Cashback Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
£125
1.25%
£25 per annum
36.7% APR (variable)
Check eligibility
Welcome offer: Get 5% cashback on your purchases (up to £125) for the first 3 months of Cardmembership. Terms apply. Spend £0 to £10,000 and receive 0.75% cashback on all purchases. Spend over £10,000 and receive 1.25% cashback on purchases.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of £25 per annum, your representative rate is 36.7% APR (variable).
Pulse Card Mastercard (existing NewDay customers only)
Finder score
★★★★★
★★★★★
Expert analysis
N/A
0.25%
£0
APR (variable)
Get 0.25% cashback every time you shop, up to a maximum of £150 cashback per year
If you are a current NewDay customer and have been invited to transfer to a Pulse Card, your interest rate and credit limit will remain the same.
MBNA Limited Platinum Visa
Finder score
★★★★★
★★★★★
Expert analysis
N/A
0.25%
£0
13.9% APR (variable)
0.25% after £1 of yearly spend. Cashback paid January into Card Account. Earn 0.25% cashback on purchases within the first 36 months of account opening. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 13.94% (variable) p.a., your representative rate is 13.9% APR (variable).
AIB Options 1 Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
£25
0.5%
£0
18.9% APR (variable)
0.5% after £5000 of yearly spend. Minimum of 12 transactions per year required. Maximum of £250 cashback paid per year. Cashback paid Anniversary into Card Account. For initial £5K a £25 cashback is paid, plus an additional £1 for every further £200 spent.
Representative example: When you spend £1,200 at a purchase rate of 17.44% (variable) p.a., your representative rate is 18.9% APR (variable).
Halifax Cashback Credit Card Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
£20
0.5%
£0
22.9% APR (variable)
0.25% on £1 to £4000 of yearly spend. 0.5% after £4001 of yearly spend. Cashback paid January into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a., your representative rate is 22.9% APR (variable).
Barclaycard Rewards Visa
Finder score
★★★★★
★★★★★
Expert analysis
0.5% of all spend in first 3 months
0.25%
£0
28.9% APR (variable)
0.25% after £1 of yearly spend. Cashback paid On request into Card Account. Cashback paid annually or on request. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 28.9% (variable) p.a., your representative rate is 28.9% APR (variable).
Santander Edge credit card Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
N/A
2%
£3 per month
29.8% APR (variable)
2% after £1 of monthly spend. 1% after £1 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 23.9% (variable) p.a. with a fee of £3 per month, your representative rate is 29.8% APR (variable).
Vitality American Express® Credit Card (Vitality Members only)
Finder score
★★★★★
★★★★★
Expert analysis
N/A
0.5%
£0 (but £4.75 fee for the Vitality programme)
46.8% APR (variable)
0.5% on £1 to £10,000 of yearly spend and 1% thereafter. Paid on anniversary. Must spend £3,000 annually to earn cashback. Earn up to 2% additional cashback on first £1,000 spend each month based on Vitality products held and monthly activity points earned. New cardmember offer: earn £100 statement credit when £2,000 spent in first three months.
Representative example: When you spend £1,200 at a purchase rate of 31% (variable) p.a. with a fee of £4.75 per month, your representative rate is 46.8% APR (variable).
Santander World Elite Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
N/A
0.5%
£15 per month
49.8% APR (variable)
0.5% on £1 to £3000 of monthly spend. Maximum of £15 cashback paid per month. Cashback paid Monthly into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a. with a fee of £15 per month, your representative rate is 49.8% APR (variable).
Lloyds Bank World Elite Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
N/A
1%
£15 per month
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
Halifax World Elite Mastercard
Finder score
★★★★★
★★★★★
Expert analysis
N/A
1%
£15 per month
55% APR (variable)
0.5% on £1 to £15000 of yearly spend. 1% after £15001 of yearly spend. Cashback paid Anniversary into Card Account. Maximum spend for cashback purposes is limited to credit limit.
Representative example: When you spend £1,200 at a purchase rate of 22.94% (variable) p.a. with a fee of £15 per month, your representative rate is 55% APR (variable).
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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.

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What are cashback credit cards?

Cashback credit cards earn you cash in proportion to the amount you spend on them. This is known as your “earn rate”. A card that rewards you with £1 for every £100 you spend would have an earn rate of 1%, for example. Higher earn rates might be offset by an annual fee – but depending on how much you plan to use the card, a fee could be worth paying.

Earn rates aren’t as high as they were a few years ago, and there are fewer cashback credit cards around, but there are some tasty intro bonuses up for grabs, from elevated earn rates for a set period to one-off lump sums – provided you meet the minimum spend requirements.

Some cards just offer the occasional opportunity to earn cashback when you spend with a specific brand that they’ve decided to partner with, but dedicated cashback cards let you earn money back on every purchase.

handful-of-cash-cashback-offers

How do cashback cards work?

A cashback credit card gives you cash rewards on pretty much all your spending – usually in the form of credit on your account. The offers vary between cards, with each card offering the potential to earn at different rates (sometimes multiple rates depending on where you spend) and some offering an introductory “sign-up” bonus as a sweetener.

In fact, there are three main ways you can earn cashback on your credit card purchases, which we’ve outlined here:

  1. Instant cashback when you make an eligible credit card purchase. For example, if you make a credit card purchase of £1,000 and there is a 2% cashback promotion, the credit card provider will give you £20 back.
  2. Cashback promotional offers on sign up. Some cards have a cashback promotion for new customers. These offers usually require you to apply before a set date and spend a specific amount within the first few months you have the card.
  3. Cashback via a credit card rewards program. As well as using points for flights or merchandise, some credit card rewards programmes, give you the option to redeem your points for cashback on your account.

Is there a catch?

Just like other reward credit cards, you need to meet the spending requirements or eligibility requirements to earn cashback. For example, cashback may only be earned on “eligible purchases”, with common exclusions including cash advances, balance transfers and refunded purchases. Some cashback credit cards may also cap or limit the amount of money you can earn per month or year. Make sure you read the card’s Product Disclosure Statement for more information.

How to choose cashback credit cards

ccf-cashback-250x250Here are the key details to look at when you’re comparing different cashback credit card options:

  • The cashback amount. Weigh up the value of the cashback you can earn based on your spending habits and the overall cost of the card (i.e. the annual fee and purchase rate). This will help you decide if the rewards are worth it.
  • Reward caps. Some cashback cards limit the amount of money you can get from them. For example, you might be able to get 1% cashback per £1 spent but have a limit of £50 per month.
  • Introductory offer requirements. If the cashback reward is offered as a special promotion, make sure you understand the terms and conditions before signing up. Depending on the offer, you may want to look for the date the offer expires, spending requirements or participating retailers to take advantage of the cashback reward.
  • Ineligible transactions. While most everyday purchases are eligible to earn cashback rewards, transactions such as cash advances, bill payments and credit card fees are usually ineligible. Check these details before you get a card to decide if it suits your spending habits.
  • Rewards value. If you have a card that earns points and want to redeem them for a cashback reward, check to see if there are other rewards (such as flights, travel upgrades or merchandise) that have a retail or regular price value that is higher than the cashback amount. This will help you get the most value out of your rewards.
  • Annual fee. Weigh the card’s annual fee against the cashback you expect to earn to work out how much value you’ll get from the rewards. Ideally, the amount of cashback you get should be worth more than the annual fee.
  • Other card features. Make sure you also consider the card’s standard variable purchase rate, as well as any additional charges, fees and complimentary extras. Along with the rewards and annual fee, these features will help you decide if the card suits all your needs.

Set up a direct debit to clear your full balance each month and there’s no reason why you can’t “beat the bank” – with a card that gives you money, rather than costing you money. But if you’re paying the bank 21% while they pay you 1%… then you’ve probably got the wrong deal.

Cashback calculator

This tool is designed to help you establish whether or not a particular cashback card would be worth it for you. Bear in mind that the calculation is based on clearing your balance each month, not using the card for cash advances, etc., so that you don’t incur any interest or fees other than any obligatory annual/monthly account fees. Don’t forget that, depending on the card issuer, some transactions might not be eligible for cashback, and cash advances definitely won’t be.
Expected annual spend


Cashback earn-rate


Account fee (per annum)


You’d earn £ in cashback over the year. Taking into account fees of £, you’d pocket £.

Advantages and drawbacks of cashback offers

Weighing up some of the pros and cons could help you determine whether a cashback credit card is right for you.

Pros

  • Money in your pocket. This type of reward offer gives you the chance to get money back for paying with plastic.
  • Pound value. Instead of earning points per £1 spent, cashback credit cards offer a straightforward reward. If you know roughly how much you’re going to spend, you can easily calculate the potential benefit of cashback.
  • Other extra features. Credit cards with cashback promotions may offer other features such as complimentary travel insurance, rewards programmes and concierge services.

Cons

  • Annual fees. To access higher earn rates, you’ll generally have to pay an annual fee. The value you get back from the rewards should be higher than the annual fee – if it isn’t, the card’s not worth your while.
  • Rates of interest. If the cashback offer is a feature of a more premium product, you may find that it comes with higher interest rates. Make sure you can repay the amount you’ve charged for the cashback (as well as other purchases) before the end of the statement period.
  • Limited rewards. Some cashback credit cards may have a cap on the number of times you can redeem a cashback offer. For example, some may only allow you to receive the cashback once, while others may allow you to take advantage of it up to a capped amount of times in a set period.
  • Encourages spending. As with any rewards card, you earn through spending. You know yourself and if chasing cashback could tempt you into spending more than you can afford to pay back, an incentivised credit card might not be the right card for you.

How to apply for a cashback credit card

If you’ve decided you want a cashback credit card, you can apply online in around 10-15 minutes via a secure web service. But before you apply, make sure you meet the eligibility requirements and have the necessary documents needed to complete your application. These will vary from card to card, but you can usually expect the following:

Eligibility requirements

  • Age. Cardholders must be at least 18 years of age.
  • Residential status. Most credit cards require cardholders to be permanent UK residents.
  • Minimum income. The minimum income requirement will vary between cards. Some providers don’t require you to have any guaranteed yearly income at all. Some providers will specify simply that you must have a regular income, and some will require a minimum household income.
  • Credit history. Most UK credit card issuers require applicants to have a good credit history, although there are cards available for those with poorer credit ratings.

Necessary documents and information

  • Proof of identification. You’ll be required to provide a copy of your driver’s licence and/or passport for proof of identification.
  • Proof of income. You’ll be asked to provide your employer’s details, as well as a recent tax return and/or payslips. If you’re self-employed, you’ll need to include your accountant’s details.
  • Financial information. You will need to provide other information about your finances including debts, liabilities and expenses.

Once you’ve provided all of this information and hit “submit”, you should receive a response regarding your application within 60 seconds. If you’re approved, you’ll receive your card in the mail within 1-2 weeks. If the card has a cashback offer, you should read the Product Disclosure Statement to confirm the terms and conditions and when you can expect to receive the cashback credit in your account.

If you’re looking for a new credit card, a product with a cashback offer could provide you extra incentive to pay on plastic. While cashback offers can be rewarded, they always come with terms and conditions, so make sure you understand what these are and compare your options before you apply for the card.

What’s the best cashback credit card for bad credit?

Unfortunately, you’ll generally need a good credit score in order to be eligible for the best cashback credit cards. Even if you’re eligible, you’ll probably receive a much higher interest rate, which means it’s important that you pay off your balance in full each month. If you don’t, the interest you pay will likely outweigh any money you get in cashback.

Bottom line: is a cashback credit card worth it?

If you use your credit card regularly, but are still able to pay off your balance each month, a cashback credit card can give you a better return on your spending. You’ll earn cashback on all your purchases, which can make a big difference over time, as long as you’re disciplined about using your card.

If you don’t use your card much, or have trouble clearing your monthly balance, you may find a cashback credit card doesn’t represent good value for money, especially if it also charges an annual fee.

Earn cashback on business spend

A business credit card is a great way to boost spending power and enjoy a little flexibility in handling your company’s cashflow. But on top of this, you can enjoy perks like cashback – potentially on multiple cards, rather than just one.

Capital on Tap Business Credit Card (+optional Business Rewards)

Capital on Tap Business Credit Card (+optional Business Rewards)

Finder score★★★★★

Customer score★★★★★

Go to site Read review

35.15%

Representative APR

0%

Foreign transaction charge

10,000 points

Max. intro bonus

Up to 42 days

Interest-free each billing period

Paying out 1% on your business spending, Capital on Tap's business rewards card earns you points that you can redeem as cashback or Avios – the choice is yours. As well as offering invaluable cashflow flexibility for your company, the card also converts currencies and standard Visa exchange rates – with no margin or fees added on top.
  • Avoid currency conversion charges
  • No UK cash machine fees
  • Up to 42 days to spread the cost of business purchases
  • Complimentary supplementary cards
  • Account fee of £99
Availability Available to new customers
Residency Business and account holder is UK-based
Foreign usage charge (EU) 0%
Cash advance fee 0%
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.15% APR (variable). Optional upgrade to Business Rewards (£99 per year).

Frequently asked questions

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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.

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