Best Cashback And Reward Credit Cards
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Cashback and rewards credit cards give something back for your spending – so, providing you clear what you spend on your credit card each month, it can be worth taking advantage.
How do the cards work?
Reward credit cards work in the same way as other credit cards, except that they offer incentives. This could be straight cash paid back into your account (in the case of cashback cards), or rewards such as airmiles or loyalty points.
We’ve conducted some research (July 2022) to identify the best in both camps. We’ve listed the ones we found below. These are all top-rated cards however, so you’ll need a top-rated credit score to be accepted. You could be offered less favourable terms or even turned down – more on this below.
Best cashback credit cards
Best Reward Credit Cards
How did we rank the cards?
We looked at the top cashback cards and rewards cards separately, considering the following factors:
- Potential cashback and rewards on offer
- At what rate cashback or rewards can be earned
- Annual card fees
- Where rewards earned can be spent
This was all overlaid with editorial judgment.
It’s important to note that while details are correct at the date stated, these cards vary according to the provider (and what its competitors are doing), as well as your own application and circumstances. Find out more in our FAQs, below.
Will I qualify for one of these cards?
Depending on your credit score, income and personal circumstances, you could be shown a higher Annual Percentage Rate (APR) than the ones you see listed. These are only representative (which means offered to 51% of successful applicants).
In some cases, you could be turned down for a card altogether.
You can use our Eligibility Checker to find out which cashback and rewards cards you would qualify for, and on what terms, without leaving a footprint on your credit report.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners.