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Sam | Edited by Martin

Updated March 2017

Best credit card rewardsSpend on one of these cards and they pay you – either in pure cashback or points which can be converted into vouchers for shops, airlines, hotels and more. Do it with maximum care and discipline and you can earn £100s of goodies each year.

If you're debt-free and pay off your card every month, you might as well get paid to spend. This guide analyses the top deals, and explains the potential pitfalls.

Will these cards last forever? This guide is fully up to date. However, there is a chance some card firms could cut rewards in future, as the EU has capped the charges providers can levy on shops each time you use their plastic, which funds rewards. Capital One, RBS, M&S, Tesco Bank and Amex have already cut rewards for some customers. So enjoy the perks while you can.

The six golden rules

Reward cards can be a great way of earning £100s' worth of bonuses, just for doing your everyday spending. It sounds great – everyone loves something for nothing. But unless you're careful, cards will actually deliver nothing for something, as there are a couple of major holes to watch for. Here are the golden rules to get the best from them...

  • Set up a direct debit to repay in full each month so you'll never pay interest, which will dwarf the gain

    0% Credit Cards

    Getting charged interest almost always scuppers even the very best reward schemes, so quite simply…

    If you want rewards, always set up a direct debit to repay the card in full each month, so there's NO interest.

    Sadly, some card providers deliberately miss the 'repay in full' option off their direct debit forms. If so, just write 'pay off in full' and send it in. It should be honoured, but call and check to be safe.

    If you're not sure you can always repay the card in full, DON'T pick a card for rewards. Focus on a card with a lower interest rate instead – see our 0% Credit Cards guide.

  • Use the card for all NORMAL spending to max rewards

    Once you've set up a credit card, every time you use it you get paid. While this isn't an excuse to spend more, it does mean from now on…

    Use the rewards card for ALL normal spending, replacing cash, cheques and other debit, credit and charge cards.

    For those who have work expenses they need to reclaim, this can be a powerful way to earn more, at no cost to you, provided you can cope with paying the bill in full each month.

    Do check it's fine with your employer though, as there's a chance it could be seen as a taxable benefit (you'll still be up even if it is).

  • Check the rewards are right for you

    Some schemes are focused on making people think they're earning large, when actually payouts are pretty paltry, so go through our best buys below meticulously to check which you'll actually get value from. To what extent depends on the type of scheme.

    • Rewards schemes

      Here you earn days out, flights, holidays and more by getting points – and that's where the problems start, as Martin points out...

      "Martin Lewis, site founder and editorFor a TV programme stunt I was once asked to design a credit card that looked good, but contained hidden, abysmally anti-consumer traps. Many signed up to my fake MACS card (SCAM backwards), which promised TWELVE points per pound spent.

      "Most people didn't ask what the points were worth. In fact, they were worth 0.0001p. In other words, nothing. And 12 nothings… is nothing.

      "It's this lack of transparency that allows reward schemes to create a magical 'something for nothing' mystique. A Sainsbury's Nectar point is worth up to 1p compared to a Tesco Clubcard point worth up to 4p, so one Clubcard point is worth almost four times more than a Nectar point.

      "That's what this guide focuses on: a mathematical evaluation of every scheme to pick the real winners."

    • Cashback or 'close to cashback' cards

      With cashback cards you earn cash each time you spend, and it's then usually paid once a year as a lump sum (see our Top Cashback Cards guide). The main advantages are that you know exactly what you're getting and can spend the rewards anywhere.

      'Close to cashback' schemes are where money earned can be converted into gift vouchers or can only be spent in a specific shop, eg, M&S. They're great if you'll use them, useless if you won't.

  • Use our eligibility calculator before applying for a speedy check of which cards you're most likely to get – and protect your credit score

    Usually, the only way to know if you'll be accepted for a card is to apply, but each application marks your credit file. But our Reward Credit Card Eligibility Calculator quickly shows your odds of getting almost every top reward card so you can find the ones most likely to accept you, thus minimising applications.

    Quick questions

    How does the eligibility calculator work?

    Will credit scoring affect the deal I get and my credit limit?

  • Or join our Credit Club for a full credit health check, including your free Experian Credit Report, Affordability Score and Credit Hit Rate

    The new MSE Credit Club is a game-changer. For years the credit market has been shrouded in mystery but our revolutionary tool brings together the key components to give you the full picture, and crucially, what it means for your acceptance chances and how to boost your creditworthiness.

    A credit score alone isn't enough to borrow, as there are other factors at play (it's why many with perfect scores still get rejected). Credit Club shows you...

    1. Free Experian Credit Report - your credit accounts & how you've managed them.
    2. Free Experian Credit Score - how lenders rate your past credit behaviour.
    3. MSE Affordability Score - how lenders assess if you can afford a product.
    4. Your Credit Hit Rate -
    how likely you actually are to be accepted when you apply.
    5. Credit Card & Loan Eligibility Calcs
    - what your odds are of getting specific top deals.
    6. How to improve your credit profile - we show where your profile's strong and weak, & how to improve it.

  • Boost the value of your points

    Boost the value of your points and rewards

    By correctly targeting the right rewards to redeem your points on, it is possible to substantially increase the amount. To find out how to do this for all schemes and specific info for Nectar, Avios and Tesco, read the Boost Your Loyalty Points, Avios Boosting Tricks guides.

Best BuysTop cashback cards

Top cashback cards

These are the top cashback cards currently available, which both have a big intro bonus. For full options see the Top Cashback Cards guide.

amex

Top pick as highest payer, paying up to 5%, but not accepted everywhere

Amex Plat Everyday*

The American Express* Platinum Cashback Everyday card is the top fee-free card, especially if you've big spending to do in the next few months, as it has a great 5% introductory rate (though this is only on your first £2,000 spending, so max £100), then tiered ongoing cashback.

Spend over £9,000 on it a year? In that case, try the Amex Platinum (eligibility calc / apply*). It has a £25 annual fee, but gives the intro 5% rate on up to £2,500 of spending (so max £125) and then tiers up to 1.25% in cashback and so is a winner for bigger spenders.

Need-to-knows
  • You earn 5% for the first three months (max spend £2,000).
  • Overall you need to spend at least £3,000 in the year to receive cashback.
  • After the intro period, you earn 0.5% cashback on spending up to £5,000/year.
  • All spending above £5,001 in a year will earn 1% cashback.
  • Make sure you repay in full EVERY month to avoid the 22.9% representative APR, or interest will quickly wipe away the cashback gains.
Eligibility Calculator
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Stats box
  • Representative variable rate: 22.9% APR (Official APR Example)
  • Cashback: 5% in the first three months (max £100), then up to 1% after
  • Annual fee: None
  • Min income: N/A
  • Max cashback/year: None
  • Cashback expiry: N/A

Best BuysTop airline cards

Airline credit cards and rewards

There are a variety of different schemes, but part of the choice depends on which airlines you prefer and their availability, as often the big gain comes from using credit card points along with points from frequent flying.

Watch out for taxes and charges, as all reward schemes make you pay these on top when you book a flight using points. In some cases (especially if you're travelling within Europe) it might be cheaper to fly with a budget airline instead of paying for the tax on top of using your Avios points. Read the Cheap Flights guide to see if you can get cheaper flights. We've only listed the top fee-free card but you can earn more airline rewards with other cards which charge a fee. Frequent flyers should read the Airline Credit Cards guide for all our top cards.

BA

Top fee-free card if you like to travel plus free companion flight at £20k+ spend

BA Amex*

If you fancy yourself as a bit of a jet setter then the British Airways Amex* card can reward you with free flights. Plus, if you're accepted you can get 5,000 bonus Avios points. But you need to be quite flexible with your dates as seats can be limited. You can also get a 'free' companion ticket if you spend £20,000/yr on the card.

Need-to-knows
  • You'll earn 1 Avios point per £1 spent on the card.
  • Spend £1,000 within the first three months and you'll get the bonus 5,000 Avios points.
  • Spend £20,000/year, and you get one free 'companion ticket' when booking a flight. The free ticket can be used to get the same ticket type as the cardholder (if you go first class, so do they), though only on BA. But you'll still need to pay taxes and charges on top.
  • Compare other frequent flyer cards in the Airline Credit Cards guide.
  • See more ways to Boost Your Avios Points.
Eligibility Calculator
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Stats box
  • Representative variable rate: 22.9% APR (Official APR Example)
  • Annual fee: None
  • Reward scheme: BA Miles (Avios points)
  • Points per £100: 100
  • Taxes included? No
  • Points' expiry: Three years after you collect your last. Can I buy extra miles?

Best BuysTop supermarket loyalty cards

Some cards only give rewards, vouchers or cash for certain retailers or when spending in a particular store. They can be useful if you're a creature of habit, and like to do your weekly shop at the same place every week.

tesco

Good if you regularly shop at Tesco, plus long 0% on spending

Tesco Clubcard

If every week you're at your local Tesco doing the food shop then it may be worth paying for that shopping on the Tesco Clubcard credit card as it gives you extra Clubcard points on top of the normal points you'd normally collect.

You earn one Clubcard point for every £8 spent and one point per £4 spent at Tesco - this is on top of the one point per £1 you get with a standard Clubcard. One point's worth 1p if spent at Tesco, but this is boosted to up to 4p if redeemed for some of Tesco's special Clubcard Rewards vouchers.

Need-to-knows
  • Clubcard Rewards vouchers can be used for a huge array of mainly entertainment-based treats.
  • There's also up to 30 months 0% on spending, which means you only have to pay the minimum balance each month and you won't be charged interest. But after the 0% period ends you must repay the card in full or you'll be charged 18.9% rep APR (some poorer credit scorers could get up to 23.9%)
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Stats box
  • Representative variable rate: 18.9% APR (Official APR Example)
  • Annual fee: None
  • Reward scheme: Tesco Clubcard points
  • Value of one point: Up to 4p on Rewards, 1p in store
  • Points per £100: Up to 25
  • Points' expiry: Points for two years, Rewards vouchers for an extra six months
tesco

Good if you're a die-hard Tesco shopper: Earn double points and a 2,500 bonus, though big annual fee

Tesco Premium*

For a hefty £150 annual fee, the Tesco Premium Credit Card* offers twice as many Clubcard points as a standard Clubcard.

If you're a high spender at Tesco – which you should be to have a chance of making this card worth its fee – you'll also get a bonus 5,000 Clubcard points if spending £5,000 in a single year at Tesco, including at its petrol stations.

Aside from the bonus, you'll earn one Clubcard point for every £4 spent, or two points per £1 at Tesco. One point's worth 1p if spent at Tesco, but this is boosted to up to 4p if redeemed for some of Tesco's special Clubcard Rewards vouchers.

Need-to-knows
  • Clubcard Rewards vouchers can be used for a huge array of mainly entertainment-based treats.
Stats box
  • Representative variable rate: 56.5% APR, incl annual fee; 19.9% interest on spending (Official APR Example)
  • Annual fee: £150
  • Reward scheme: Tesco Clubcard points
  • Value of one point: Up to 4p on Rewards, 1p in store
  • Points per £100: Up to 200
  • Points' expiry: Points last two years, Rewards vouchers for an extra six months
amex

Good for Asda shoppers: 0.5% back in vouchers, though shopping at Asda can earn you 1%. Plus, get £20 extra cashback

Asda Money

The Asda Money card offers reasonable rewards, especially if you're an Asda shopper. However, while this card describes itself as a cashback card, the cashback can only be redeemed as vouchers which you need to spend at Asda.

You'll earn 1% back on all shopping done in store and online, or on Asda fuel. You'll earn 0.5% back when spending elsewhere. Plus, if you apply via this link and spend £60 at Asda in one transaction before 31 May, you'll receive £20 extra cashback.

Need-to-knows
  • To get the £20 extra cashback you must apply via this link and spend £60 in one transaction at Asda (including George.com, petrol and grocery home shopping) before 31 May 2017.
  • Once you've accrued £2.50 worth of 'cashback' you can go online and convert it into an Asda voucher.
  • You'll be charged 19.9% representative APR if you don't pay the card off in full at the end of each month.
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Stats box
  • Representative variable rate: 19.9% APR (Official APR Example)
  • Cashback: Vouchers equivalent to 1% in Asda, 0.5% elsewhere
  • Annual fee: None
  • Min income: £10,000 household income
  • Max cashback/year: None
  • Cashback expiry: N/A
amex

Earn M&S points for spending, equiv to 1% , plus £30 cashback

M&S Bank*

If you're a die-hard M&S shopper, this could be ideal. The M&S Bank* credit card gives reward points when you spend anywhere, though you get five times more points if you spend at M&S.

Plus those who apply via our link by Wed 31 May and spend £100 on it by Fri 30 Jun will get £30 cashback. You'll also earn one point for every £1 spent in M&S stores and one point for every £5 elsewhere. One point is equivalent to 1p, and points convert into vouchers every three months.

Need-to-knows
  • To get the £30 cashback, apply for the card by Wed 31 May and spend at least £100 by Fri 30 Jun.
  • The cashback will be credited to your account no later than Mon 31 July.
  • You won't be eligible for the voucher if you already hold an M&S credit card or have done within the last year.
  • You'll also get a voucher to swipe (or use the code online) which will get you 500 bonus points once you use your card to pay for something in M&S. The 500 points are equivalent to a £5 M&S gift voucher. This voucher will be sent by post with your card.
  • You'll earn one point for every £1 spent in M&S stores and one point for every £5 elsewhere. One point is equivalent to 1p, and points will convert into M&S vouchers every three months.
  • Make sure you fully clear the card by the end of the 0% period or you'll be charged 18.9% interest on any remaining balance.
  • You'll either get the full 25-month deal or you'll be rejected; M&S Bank won't accept you and then give you fewer months at 0%, unlike some providers.
  • Poorer credit scorers could get a higher interest rate, up to 22.9%, but if you've cleared it by the end of the 0% period then this won't matter.
  • Always pay at least the minimum monthly repayment, or you'll lose the 0% deal.
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Stats box
  • Representative variable rate: 18.9% APR (Official APR Example)
  • Annual fee: None
  • Reward scheme: M&S points
  • Value of one point: 1p
  • Points' expiry?: Points for two years
  • Points per £100: 100 in M&S; 20 elsewhere

Best BuysTop 'close to cashback' cards

Some reward cards give you points on all of your spending. These can come close to cashback cards as they offer the ability to spend points earned in a wide variety of places.

Amex Preferred Rewards Gold Card

Top quasi deal – get vch worth £100 (equiv to 5% cashback) & no fee 1st year

Amex Gold*

This is a charge card, not a credit card. But if you're accepted for the Amex Preferred Rewards Gold* card, and spend £2,000 within the first three months, you'll get a bonus 20,000 rewards points, equal to £100 in vouchers.

Plus you'll get membership for the Lounge Club scheme. It gets you two free visits at its affiliated lounges (see which lounges you can use) which you can use for yourself or a guest.

Need-to-knows
  • Because it's a charge card, you HAVE to pay it off each month, there's no credit facility.
  • If you don't pay it off, you'll get a £12 late fee, and a missed payment on your credit report.
  • The card usually has a £140 annual fee, but for now is fee-free in the first year. To avoid paying £140, diarise to cancel before year two starts.
  • You earn 1 point per £1 spent on day to day spending and 2 points per £1 spent directly with airlines or in a foreign currency.
  • Points can take up to a month to hit your Amex account (though we've seen 'em applied on the day you hit the trigger spend).
  • As soon as the points are in your account, you can convert your points into vouchers for Amazon, M&S, Homebase, House of Fraser, PC World and more, though retailers vary. Gift cards are sent either by post (and received within 10 working days) or instantly via email.
  • Alternatively, you can convert them to frequent flyer or hotel scheme points and add them to your current stash. Point transfers to other schemes can take up to 10 working days.
  • You can also now use your points to pay off purchases, effectively working as cashback. However, you receive slightly less than you'd get exchanging for vouchers; 1,000 points gives £4.50 'cashback' vs £5 in vouchers.
  • You can only use your Lounge Club membership if you still hold the Amex. Additional guests or visits are £15 each, charged to your Amex. See more Free or Cheap Airport Lounge Access tips.
  • Always carry a back up card, as Amex isn't accepted everywhere, especially in a lot of smaller retailers.
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Stats box
  • Cashback: Vouchers equivalent to up to 1% (plus 20,000 bonus points)
  • Paid out: Monthly
  • Max 'cashback'/year: Unlimited
  • Min spend: £2,000 for bonus | Card issuer: Amex
  • Annual fee: No fee in year one, but £140 from year two onwards
  • Min income: N/A
Key questions

What rewards can I get from this card? We've analysed how much you might get back from different levels of spending...

Annual overall spend £3,000 £5,000 £10,000 £20,000
Points earned, incl bonus 24,500 27,500 35,000 50,000
Converting to vouchers £100* £125* £175 £250
Assumes 50% of spending on air travel & abroad and 50% elsewhere
* = doesn't use the entire points total

How can I further boost points? You get a 10,000 points bonus on the anniversary of taking out the card if you've spent more than £15,000, but remember if you keep the card into a second year, you'll pay the £140 annual fee.

You can also boost your points by getting a supplementary card (for a partner/friend), whose spending will then earn points. The first card is provided free, though any more will cost £45.

Plus, if you have a friend who has the card, get them to recommend you, and both you and they get 2,000 bonus points.

ii

Decent pick for low spenders – Get vch worth £50 (equiv to 5% cashback) & no fee

American Express*

Spend £1,000 on the Amex Rewards* credit card in the first three months and you'll get a bonus 10,000 points, worth £50 in vouchers at retailers such as Amazon and M&S.

Need-to-knows
  • You won't receive the bonus if you already have or previously held an Amex Membership Rewards card within the past six months.
  • As well as the bonus, you'll earn one membership point per £1 spent on the card.
  • Points can take up to 60 days to hit your Amex account (though we've seen 'em applied on the day you hit the trigger spend).
  • This offer is only available through our link or at MoneySupermarket (we're part of the same group).
  • As soon as your points are in your account, you can convert them into retail vouchers, frequent flyer points, hotel schemes and more. For full options see the Membership Rewards site.
  • Gift cards are sent either by post (and received within 10 working days) or instantly via email.
  • You can also now use your points to pay off purchases, effectively working as cashback. However, you receive slightly less than you'd get exchanging for vouchers; 1,000 points gives £4.50 'cashback' vs £5 in vouchers.
  • Your Membership Rewards points will be shown live on your card membership account homepage and on your paper statement.
  • If you're having issues with this card you can contact Amex by phone on 0800 1696767.
  • Always carry a back up card, as Amex isn't accepted everywhere, especially in a lot of smaller retailers.
  • Make sure you repay IN FULL every month or you'll pay 22.9% interest, which'll quickly wipe out the rewards gain. The easiest way to do this is setting up a direct debit to repay in full.
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Stats box
  • Cashback: Vouchers equivalent to up to 0.5% (plus 10,000 bonus points)
  • Paid out: Monthly
  • Max cashback/year: Unlimited
  • Annual fee: None | Min spend: £1,000 for bonus| Card issuer: Amex
  • Rate: 22.9% representative APR (Official APR Examples)
  • Min income: N/A
ii

Good option if you don't want an Amex card – earn 0.5% cashback (0.75% at Amazon) + get a £10 Amazon gift card

Amazon Platinum

If you're a regular Amazon shopper it may be worth considering the Amazon Platinum credit card as this is the best non-Amex card for 'cashback' as long as you spend at Amazon. In fact, if you're a low spender (around £5k), it can even beat Amex after the first year. Plus, accepted applicants will automatically receive a £10 Amazon gift card straightaway and you'll also earn Amazon Reward Points on purchases.

Reward points can be converted to Amazon gift cards, equivalent to 0.75% back on Amazon spends and 0.5% on everything else. However, rewards can only be redeemed once you hit a hefty 1,000 points – which is equivalent to £2,000 non-Amazon spending – so it could take a while to hit the trigger.

Need-to-knows
  • The £10 gift card will be applied to your linked Amazon account on approval if you qualify for 'Amazon Instant Spend', otherwise it will be applied to your account when you activate the card.
  • The card gives 1.5 in Amazon Reward Points for every £2 spent at Amazon and 1 point for every £2 spent elsewhere – equivalent to 0.75% back on Amazon spends and 0.5% on everything else.
  • On top of the £10 gift card upon approval, you'll also get a £10 Amazon gift card applied to your account when your balance reaches 1,000 points. This will be loaded to your account within two working days of your statement date
  • You earn points on all spending, no matter how small the amount.
  • Don't use the card as an excuse to spend more than you normally would at Amazon – always shop around.
  • Make sure you repay IN FULL every month or you'll pay 21.9% interest, which'll quickly wipe out the rewards gain. The easiest way to do this is setting up a direct debit to repay in full.
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Stats box
  • Cashback: Vouchers equivalent up to 0.75% (plus £10 Amazon gift card bonus)
  • Paid out: Within two days of statement date
  • Max cashback/year: Unlimited
  • Annual fee: None | Min spend: None for £10 bonus | Card issuer: Mastercard
  • Rate: 21.9% representative APR (Official APR Examples)
  • Min income: N/A
intu Credit Card

Decent card for LOW spenders – get Intu shopping vchrs (equiv to up to 8% cashback) in 1st year

MBNA Intu

The MBNA Intu card gives rewards in the form of gift vouchers for Intu shopping centres, so could be a good option if you live near one. You can get up to £60 in vouchers in the first year if you can spend £5,000 on the card. But, after you've had the card a year, you can only get £20 in vouchers in subsequent years, so consider cancelling if better alternatives are available.

Need-to-knows
  • You earn a £20 Intu gift card if you spend £250 on the card within 90 days.
  • In the first year, you earn a further £20 when you spend £3,000 (including the initial £250) and another £20 when you spend £5,000.
  • After you've had the card a year, rewards drop in subsequent years. You'll earn £10 when you spend £3,000 and another £10 when you spend £5,000.
  • You'll be emailed a code within 60 days of hitting a spend threshold, which you must redeem for a gift card with customer services at an Intu shopping centre within 90 days.
  • Gift cards can be spent at any of 15 Intu shopping centres and are valid for one year. Gift cards can be spent at any store in an Intu mall that accepts Mastercard.
  • The card also comes with 12 months' free Gourmet Society digital membership.
  • The card offers 12 months 0% on spending – though just because there's a 0% period, don't feel you need to use it. If you do use it, you'll pay 16.9% interest after the year's up, so make sure you clear the card balance by then, and pay off in full each month afterwards.
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Stats box
  • Cashback: Gift cards worth £20 on £250, another £20 on £3,000 and another £20 on £5,000 in year one. Max £60 in total.
  • Paid out: Code emailed within 60 days; code must be exchanged for a gift card at an Intu shopping centre.
  • Max cashback/year: £60 in yr one, £20/yr after
  • Annual fee: None | Min spend: £250 | Card issuer: Mastercard
  • Rate: 16.9% representative APR (Official APR Examples)
  • Min income: N/A
amex

Decent cashback rate in retail vouchers for all spends, though £24 annual fee

Lloyds Choice Rewards*

The Lloyds Choice Rewards* credit card offers a decent amount of cashback in retail vouchers. You're issued with both an Amex card and a Mastercard – so you can still earn points at places where Amex isn't accepted. You earn 50 Lloyds 'Choice points' per £5 spent on the Amex card (doubled for the first six months) and 10 points per £5 with the Mastercard.

On a typical £500 monthly spend, £400 on the Amex and £100 on the Mastercard, you'll earn 74,400 choice points over a year, incl the Amex bonus. That's enough for two £50 vouchers at retailers incl Argos and Amazon – available via Choice Rewards. This equates to 1.6% cashback for the first year, though bear in mind the £24 annual fee on top.

Need-to-knows
  • You have to spend at least £5 in each transaction to collect points.
  • You earn double points with the Amex card for the first six months of holding the card, up to a maximum of £2,500 spend per month.
  • Once you've accrued 33,250 points worth of 'cashback' you can go online and convert it into a £50 retail voucher.
  • You can also redeem points straight for cash or Avios points (1,000 min) though the cashback rate is far less generous – 1.16% in our example above.
  • The £24 annual fee is halved to £12 if you hold a Club Lloyds current account.
  • You'll be charged 18.94% interest if you don't pay the card off in full at the end of each month. Including the £24 annual fee, the card has a 23.7% representative APR.
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Stats box
  • Representative variable rate: 23.7% APR (Official APR Example)
  • Cashback: Vouchers equivalent to 1.6% in retailers, 1.16% in cash (in our spending example above)
  • Annual fee: £24
  • Min income: N/A
  • Max cashback/year: None
  • Cashback expiry: N/A
Barlcaycard Freedom Rewards

Decent card for all spends – earn vouchers for retail spending

Barclaycard Freedom Rewards*

If you're not tied to a particular rewards scheme, you could try Barclaycard's Freedom Rewards* card. While it doesn't offer as much in one specific place as the supermarket cards above, you'll earn more on your other spending, so it could be a good option if you don't have a regular supermarket.

  • You earn points on spending which can be converted into vouchers with over 70 partners including Amazon, Boots and iTunes; 1,750 points will get you a £5 voucher.
  • You'll earn two points for every full £1 spent in supermarkets, petrol stations and with Transport for London (TfL) – equivalent to 0.57% back – and one point for every full £1 spent elsewhere (0.29% back).
  • You can redeem your vouchers as soon as you've accumulated enough points.
  • You won't be eligible for the card if you already have a Barclaycard.
  • The card offers 12 months 0% on spending – though just because there's a 0% period, don't feel you need to use it. If you do use it, you'll pay 21.9% interest after, so make sure you clear the card balance by then, and then pay off in full each month afterwards.
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Stats box
  • Cashback: Vouchers equivalent to up to 0.57%
  • Paid out: On redemption
  • Max cashback/year: Unlimited
  • Annual fee: None | Min spend: N/A | Card issuer: Visa
  • Rate: 21.9% representative APR (Official APR Example)
  • Min income: N/A
Key questions

What rewards can I get from this card? We've analysed how much you might get back from different levels of spending...

Annual overall spend £3,000 £5,000 £10,000 £20,000
Vouchers earned per year £13 £21 £43 £86
Assumes 50% of spend in supermarkets, petrol stations and with TfL and 50% elsewhere.

Best BuysTop bank account-linked cards

Some cards require you to have the issuing bank's current account to be eligible for the card. It's usually not worth switching just to get the rewards on the credit cards – however, the two cards below are associated with some of our top pick bank accounts, so if you're switching anyway, see these cards as another perk on top.

TSB

Good option if you bank with TSB – get 1% cashback each month (max £5/mth)

TSB Platinum Purchase Card

Those with a TSB current account – one of our top-pick interest-paying bank accounts – can also get the TSB Platinum Purchase credit card. It gives 1% cashback on spending each month up to a maximum of £5.

Need-to-knows
  • To qualify for cashback, you need to hold or switch to a TSB current account.
  • You need to spend £500 each month to get the full £5. If you spend less, you'll still get 1% of it as cashback.
  • Ensure you pay off in full every month, or you'll be charged 18.9% representative APR which'll quickly wipe out any cashback gain. The easiest way to repay in full is to set up a direct debit.
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Stats box
  • Cashback: 1% on spending (max £5/mth)
  • Paid out: Monthly
  • Max cashback/year: £120
  • Annual fee: None | Min spend: N/A | Card issuer: Mastercard
  • Rate: 18.9% representative APR (Official APR Examples)
  • Min income: N/A
Halifax

Decent option if you've a Nationwide account – get 0.5% unlimited cashback

Nationwide Select*

If you already hold a Nationwide current account then you can get Nationwide's Select* credit card which gives 0.5% cashback on all spending in the UK. This card is also a best buy in our Travel Credit Cards guide, but it's not worth getting the current account just for this card as the cashback can be beaten.

Need-to-knows
  • To qualify, you need to hold a Nationwide FlexAccount current account and pay £750 a month into it (and have done so for the last three months), or the Nationwide FlexDirect (no fee, pays interest) or FlexPlus (£10/month) current account.
  • The Nationwide FlexAccount comes with free UK and European travel insurance.
  • There's also 12 months 0% on spending. After this you'll be charged 15.9% representative APR so ensure you clear the card before the interest kicks in.
Stats box
  • Representative variable APR: 15.9% (Official APR Example)
  • Annual fee: None
  • Reward scheme: Cashback, paid annually
  • Cashback: 0.5% of monthly spend
  • Min income: £5,000
  • Max cashback/year: Unlimited
  • Linked accounts: Any Nationwide current account

Cashback sites may pay you for signing up

As an extra boon, members of specialist cashback websites can be paid when they sign up to some financial products. Do check that it's exactly the same deal though, as terms can be different. And remember the cashback is never 100% guaranteed until it's in your account. 

Full help to take advantage of this and pros & cons in our Top Cashback Sites guide.

Reward cards Q&A

  • I'm in debt, is it OK to use a reward card alongside my debt card?

  • Do I get Section 75 protection on these cards?

  • Can I transfer a balance to a reward card?

  • How do they make money if I always repay?

  • How many reward cards can I have?

  • Is it worth going for a card that gives bigger rewards in one store?

  • Can I withdraw cash on a reward card?

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