American Express Cashback Credit Card
American Express
Annual fee
£0
Rewards rate
1%-0.5%
Welcome Bonus
5% cashback
Regular APR:29.1% APR variable
- 1%Cashback on all purchases
Welcome Bonus:
Earn 5% cashback on eligible purchases up to a maximum of £125 during the first five months.
Reward Rate:
Earn 1% cashback on all purchases.
APR:
29.1% APR variable
This card is a solid choice for those looking to earn cashback on everyday spending without an annual fee, though the APR is on the higher side.
Pros:
- No annual fee
- Good cashback rate
Cons:
- High APR
- Limited to cashback rewards
The American Express Cashback Credit Card is best suited for individuals who want to earn cashback on their regular purchases without incurring an annual fee. However, potential users should be mindful of the higher APR, which may affect those who carry a balance from month to month.