Platinum Cashback Credit Card 2026 Review

Platinum Cashback Credit Card4.8/5

American Express

Annual fee
£25
Rewards rate
5%-1.25%
Welcome Bonus
£125
Apply Now →on American Express's website
Regular APR:34.6% APR variable

  • 5%Cashback on purchases for the first three months
  • 1.25%Cashback on spend up to £10,000

Welcome Bonus:

Get 5% cashback on your purchases (up to £125) for the first three months of Cardmembership.

Reward Rate:

Earn 5% cashback on purchases for the first three months, then 1.25% cashback on spend up to £10,000.

APR:

34.6% APR variable

The Platinum Cashback Credit Card earns the #1 spot due to its impressive introductory cashback offer, allowing new cardholders to earn 5% on their purchases for the first three months, making it an excellent choice for those looking to maximize their rewards quickly.

Pros:

  • High introductory cashback rate
  • No foreign transaction fees

Cons:

  • Annual fee applies
  • Cashback cap in the first three months
Apply now →

The Platinum Cashback Credit Card from American Express may be particularly suitable for individuals who frequently use credit for everyday purchases and can capitalize on the generous introductory cashback offer. With an annual fee of £25 and a tiered rewards structure, it is ideal for those who are diligent about managing their spending and can benefit from cashback rewards without incurring excessive costs.

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