1.Amex Cashback Everyday Credit Card
American Express
- 5%Cashback on spending for the first 5 months
- 1%Cashback on spend over £10,000
- 0.5%Cashback on up to £10,000 annual spend
Earn 5% cashback on spending for the first 5 months, capped at £125, by spending up to £2,500 within that introductory period.
Earn 5% cashback for the first 5 months, then 0.5% on up to £10,000 annual spend, and 1% on spend over £10,000.
29.4% APR variable
The Amex Cashback Everyday Credit Card stands out as the top choice because it offers a generous 5% cashback for the first five months, making it an excellent option for those looking to maximize their rewards on everyday spending.
Pros:
- No annual fee
- Strong introductory cashback rate
Cons:
- Lower ongoing rewards compared to fee-paying cards
- Requires minimum spend to earn base cashback
2.Amazon Barclaycard Rewards Credit Card
Barclays
- 1%Cashback on Amazon purchases
- 0.5%Cashback on other purchases
- 0.25%Cashback on other purchases after the first year
Receive a £20 Amazon Gift Card upon application approval.
Earn 1% on Amazon spending and 0.5% elsewhere, dropping to 0.25% after the first year.
28.9% APR variable
What sets the Amazon Barclaycard Rewards Credit Card apart is its straightforward cashback structure, offering 1% back on Amazon purchases and a welcome bonus of a £20 gift card, making it ideal for frequent Amazon shoppers.
Pros:
- No annual fee
- 0% interest on purchases for the first 6 months
Cons:
- Lower cashback rate after the first year
- Limited to Amazon for higher rewards
3.John Lewis Partnership Credit Card
John Lewis Finance
- 5%Points at John Lewis and Waitrose
- 1%Points on other purchases
Earn double points (10 points for every £4 spent) at John Lewis and Waitrose for the first 60 days.
Earn 5 points per £4 at John Lewis and Waitrose, and 1 point per £10 elsewhere.
29.9% APR variable
The John Lewis Partnership Credit Card shines for its ability to earn double points on eligible purchases at John Lewis and Waitrose, making it a great choice for loyal customers of these retailers.
Pros:
- No annual fee
- Double points for new customers
Cons:
- Points earning rate reduced for non-partners
- Limited redemption options
4.Lloyds Bank Ultra Credit Card
Lloyds Bank
- 1%Cashback on all purchases in the first year
- 0.25%Cashback on all purchases after the first year
Earn 1% cashback on all purchases for the first year.
1% cashback on all purchases for the first year, dropping to 0.25% thereafter.
12.9% APR variable
The standout feature of the Lloyds Bank Ultra Credit Card is its straightforward 1% cashback on all purchases for the first year, making it an attractive option for those looking to earn rewards without worrying about category restrictions.
Pros:
- No annual fee
- 1% cashback on all purchases
Cons:
- Cashback drops significantly after the first year
- Limited promotional offers
5.M&S Bank Rewards Credit Card
M&S Bank
- 1%Points at M&S
- 0.2%Points elsewhere
Earn 4,000 bonus points (worth £40 in M&S vouchers) when you spend £1,000 in the first 3 months.
Earn 1 point per £1 at M&S and 1 point per £5 elsewhere.
23.9%-24.9% APR variable
This card excels with its welcome bonus of 4,000 points, allowing new cardholders to quickly earn rewards that can be redeemed for M&S vouchers, making it a great choice for frequent shoppers.
Pros:
- No annual fee
- Generous welcome bonus
Cons:
- Points conversion can be slow
- Higher APR compared to some competitors
6.Barclaycard Rewards Credit Card
Barclays
- 0.25%Cashback on eligible purchases
N/A
Earn 0.25% cashback on eligible purchases.
28.9% APR variable
The Barclaycard Rewards Credit Card is a straightforward option for those looking to earn cashback on everyday spending, with no annual fee and no foreign transaction fees, making it a practical choice for international travelers.
Pros:
- No annual fee
- No foreign transaction fees
Cons:
- Low cashback rate
- Limited rewards structure
Final Words
As you navigate the options for credit cards this January, remember that the best choice for your online shopping will depend on your spending habits and reward preferences. Take time to compare different cards, considering factors like cashback rates, fees, and introductory offers, to ensure you make an informed decision that maximizes your benefits.
Frequently Asked Questions
Earn 5% cashback on spending for the first 5 months, capped at £125, by spending up to £2,500 within that introductory period. After that, you earn 0.5% on up to £10,000 annual spend, and 1% on spend over £10,000.
Receive a £20 Amazon Gift Card upon application approval. You can earn 1% on Amazon spending and 0.5% elsewhere, which drops to 0.25% after the first year.
Earn double points (10 points for every £4 spent) at John Lewis and Waitrose for the first 60 days. After that, you earn 5 points per £4 at John Lewis and Waitrose, and 1 point per £10 elsewhere.
Many cashback credit cards, including top options like the Amex Cashback Everyday Credit Card, have no annual fee. However, some premium cards may charge annual fees, so it's essential to evaluate whether the rewards justify the cost.
Look for cards that offer high cashback rates on online purchases, low fees, and generous welcome bonuses. Additionally, consider your typical spending habits to ensure you maximize rewards.
To apply for a credit card online, visit the provider's website, fill out the application form with your personal and financial details, and submit the required documents. Most applications are processed quickly, often providing an instant decision.
A welcome bonus is an incentive offered by credit card issuers to new customers, typically awarded after meeting certain spending requirements. These bonuses can significantly enhance the overall value of the card.
When comparing credit cards, consider factors such as the annual fee, interest rates, reward rates, and any additional benefits. Using comparison websites can also help you evaluate multiple cards side by side.
