Cutting your costs, fighting your corner
Chair, Martin Lewis · Editor, Marcus Herbert
Search bar closed.
MSE News

Cashback cards get hot for summer: Two new 4%-ers launched

Dan Plant
Dan Plant
7 May 2008

Two big credit card providers have upped their 'cashback' deals in attempts to grab new customers. Barclaycard and Capital One now offer 4% cashback deals for the first three months.

After this the cashback drops to 1% for Capital One customers and 0.5% for Barclaycard; although both of the introductory 4% offers cap how much cashback you can earn (at £60/month and £30/month respectively). These are good deals, especially for the first three months; however, unless you've already got it, Amex Platinum's 5% cashback deal will beat both of these for most people.

Cashback deals pay customers every time they spend on the card, so in these instances you get £4 back for every £100 spent until the end of July. Yet if you want to make some free cash from them, watch out; fail to repay the full balance every month and you'll incur interest charges, more than cancelling out the cashback earnt. For full details of how they work, and all the best buys, read

MSE Email 16 July 2024

For all the latest deals, guides and loopholes simply sign up today - it’s spam free!

25 summer savers
Home & away
Missing £1,000s in childcare help?
Millions are
Beat the £100 water bill rises
Five ways to save
Five financial must-knows
Not usually on MSE
Overpaid student loans
Can you reclaim £100s?
Barclaycard customer?
Stop interest DOUBLING
£50 Tesco Clubcard bonus
Can you get it?
Tools and calculators

Clever ways to calculate your finances

Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff