Amex Cashback Everyday Credit Card
American Express
- 5%Cashback on all purchases for the first 5 months (up to £125).
- 1%Cashback on all purchases after the first 5 months.
- 0.5%Cashback on spend up to £10,000.
Earn £10 bonus cashback when you spend £1,000 in the first 3 months.
Earn 5% cashback up to £125 within the first 5 months, then 0.5% cashback on spend up to £10,000 and 1% thereafter.
29.1% Variable APR
This card shines for its impressive introductory cashback rate, allowing new cardholders to earn significant rewards quickly. The structure of cashback rates encourages spending in the initial months, making it a compelling choice for those looking to maximize their rewards.
Pros:
- No annual fee
- High initial cashback rate
Cons:
- High APR
- Cashback rate decreases after initial period
The Amex Cashback Everyday Credit Card is well-suited for individuals who prioritize cashback rewards without incurring an annual fee, particularly those who can benefit from the higher introductory rates during the initial spending period. However, consumers who prefer consistent rewards across a wider range of spending categories may want to consider other options.