American Express Cashback Everyday Card
American Express
- 5%Cashback on purchases in the first five months
- 0.5%Cashback on additional spending after the introductory period
Get 5% cashback on your purchases (up to £125) in the first five months.
Earn 5% cashback on purchases in the first five months, then 0.5% on additional spending.
29.1% APR variable
This card shines for its impressive introductory offer of 5% cashback on purchases for the first five months, which is significantly higher than many competitors. The American Express Cashback Everyday Card is ideal for those who can pay off their balance each month to avoid the high APR.
Pros:
- No annual fee
- High introductory cashback rate
Cons:
- High APR if not paid off in full
- Limited time for high cashback rate
The American Express Cashback Everyday Card is well-suited for individuals who consistently pay off their balance each month and can take advantage of the lucrative introductory cashback offer. However, those who may carry a balance should consider the potential high APR and explore other options that better align with their spending habits.