Amex Everyday Cashback Credit Card
American Express
- 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
5% cashback on purchases (up to £125) in the first five months.
Ongoing rewards include 0.5% cashback on up to £10,000 yearly spending, rising to 1% for spending above £10,000.
29.4% Variable APR
This card shines for its generous introductory cashback offer, allowing new users to earn significant rewards quickly, making it an attractive option for those who can meet the spending requirements.
Pros:
- No annual fee
- High introductory cashback rate
Cons:
- Requires minimum annual spend
- Cashback capped in the first five months
The Amex Everyday Cashback Credit Card is well-suited for individuals who prefer a straightforward rewards structure without an annual fee and are able to capitalize on the welcome bonus by meeting the initial spending requirements. Its cashback rewards may particularly appeal to those who frequently make everyday purchases, but potential users should evaluate whether the variable reward rates align with their spending habits.