American Express Platinum Cashback Credit Card
American Express
- 5%Cashback on purchases for the first three months (up to £125)
- 1.25%Cashback on yearly spend above £10,000
- 0.75%Cashback on yearly spend up to £10,000
Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership.
5% cashback for the first three months, followed by 0.75% on yearly spend up to £10,000 and 1.25% on spend above £10,000.
34.6% Variable APR
What sets the American Express Platinum Cashback Credit Card apart is its tiered cashback structure, rewarding higher spenders with up to 1.25% cashback on significant purchases, making it a strong contender for those who can maximize their spending.
Pros:
- Good cashback rates for higher spenders
- Introductory bonus cashback
Cons:
- Annual fee applies
- Higher APR
The American Express Platinum Cashback Credit Card is well-suited for individuals who frequently make larger purchases and can benefit from its tiered cashback structure. With a modest annual fee and a competitive welcome bonus, it offers a compelling option for those looking to earn cashback on their spending, particularly if they can consistently reach the higher cashback tiers.