Platinum Cashback Everyday
American Express
- 5%Cashback on purchases in the first five months (up to £125)
- 1%Cashback on spending above £10,000 annually
- 0.5%Cashback on spending up to £10,000
Get 5% cashback on your purchases (up to £125) for the first five months of Cardmembership.
Earn 0.5% cashback on spending up to £10,000 and 1% on spend above £10,000 annually.
29.1%-29.4% Variable APR
The Platinum Cashback Everyday card stands out as the top choice because it offers a generous 5% cashback on purchases for the first five months, making it ideal for new cardholders looking to maximize their rewards quickly.
Pros:
- No annual fee
- High introductory cashback rate
Cons:
- High APR after the introductory period
- Minimum spend required for cashback
The Platinum Cashback Everyday card from American Express is particularly suitable for individuals who want to earn cashback on everyday purchases without incurring an annual fee. Its introductory 5% cashback rate for the first five months makes it an attractive option for new cardholders seeking to quickly enhance their rewards.