MoneySavingExpert.com homepage
Cutting your costs, fighting your corner
Founder, Martin Lewis · Editor-in-Chief, Marcus Herbert
Search bar closed.
MSE News

New cashback credit card enters the fray

creditcardpayment
Dan Plant
Dan Plant
Editor
8 April 2009

Halifax has relaunched its cashback credit card, which pays users up to 1% of the amount they spend on it. For every £100 you rack-up on groceries or fuel, you’ll earn £1 (or 50p if you spend on anything else), up to a maximum of £150/year.

However, this is not the top-paying cashback card. American Express Platinum gives 5% cashback on the first £2,000 spent in the first three months, then up to 1.5%. Yet if you’ve already got this or want a non-Amex alternative, Halifax is the next best payer for new customers.

Yet many still earn up to 1% on all spending, on existing cards that are now closed to new customers.

For Halifax to pay you 1%, you need to have spent in a store it defines as a grocery or petrol retailer. Most big names are included, such as Asda, BP, Esso, Sainsburys, Tesco and more.

To make any cashback card worth it, you must clear it in full every month, otherwise the interest you pay will dwarf the cashback earned. The easiest way to do this is call up your card provider and set up a Direct Debit. Do this, and someone who spends £15,000 a year would earn nearly £250 with an Amex Platinum card.

* Using these links helps the site stay ad-free and free to use, as they’re ‘affiliated links’ which invisibly take you via commercial price comparison services like Moneysupermarket or Find, which then pay this site per click. You shouldn’t notice any difference. The links don’t impact the product at all and the editorial line (the things we write) is NEVER impacted by the revenue. If it isn’t possible to get an affiliate link for the best product, it is still recommended and still included. The following Amex Platinum link is an identical unaffiliated link provided for transparency. Click on the following link for more details on how this site's financed.

MSE Forum

Halifax cashback

Forum image
MSE Email icon 11 February 2025

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

Compare+ Home Insurance tool
Beat 19% price hikes
Stop overpaying on energy
Beat 6% April rise
Cheap medical insurance
Our five must-knows
30+ AI tools
To save time & hassle
Beat Microsoft price hike
Of up to £30 a year
Top 5% savings
Post base-rate cut
When will mortgages fall?
See lender-by-lender
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