Amex Cashback Everyday
American Express
Annual fee
£0
Rewards rate
1%-0.5%
Welcome Bonus
5% cashback
Apply Now →on American Express's website
Regular APR:29.1% Variable APR
- 5%Cashback on purchases in the first five months
- 1%Cashback on spending above £10,000
- 0.5%Cashback on spending up to £10,000
Welcome Bonus:
Earn 5% cashback on purchases (up to £125) during the first five months.
Reward Rate:
0.5% cashback on annual spending up to £10,000, 1% on spending above £10,000.
APR:
29.1% Variable APR
This card shines for its initial cashback offer of 5% on purchases, making it an attractive option for new cardholders looking to maximize rewards in the early months.
Pros:
- No annual fee
- High cashback rate in the first five months
Cons:
- High APR
- Cashback rates drop after initial period
The Amex Cashback Everyday card is well-suited for individuals seeking a no-annual-fee credit card that offers a solid initial cashback boost, particularly for new users. Its straightforward reward structure may appeal to those who prefer simplicity in earning cashback without complex tiered systems.