American Express Platinum Cashback Everyday Credit Card
American Express
- 5%Cashback on all purchases in the first three months
- 1%Cashback on annual purchases over £5,000
- 0.5%Cashback on annual purchases under £5,000
Earn 5% cashback on all spending for the first three months, up to a maximum of £100.
Earn 5% cashback for the first three months, then 0.5%-1% on annual spending.
31.0% APR
The American Express Platinum Cashback Everyday Credit Card earns the #1 spot due to its impressive 5% cashback on all purchases for the first three months, making it an excellent choice for new cardholders looking to maximize their rewards quickly. Its lack of an annual fee further enhances its value, allowing users to benefit from cashback without incurring extra costs.
Pros:
- No annual fee
- High initial cashback rate
Cons:
- High APR
- Cashback tiers after initial period
The American Express Platinum Cashback Everyday Credit Card is well-suited for consumers who want to earn cashback on their everyday spending without incurring an annual fee. Its attractive introductory offer and tiered cashback rates may appeal particularly to those who can maximize rewards during the initial promotional period.