Cashback Credit Cards – Latest Deals
January 21, 2008
If you pay off your outstanding credit card balance every month, then the interest rate is of no concern to you, meaning that you could look for a card that offers some other kind of perk. Such a card may be useful if you are intending to use a credit card in the January sales.
The American Express Platinum Moneyback card has an introductory interest rate on cashback of 5% for three months on up to £4,000 for a year. Beyond that period the standard rate on cashback is 0.5% for up to £3,500, then 1% on amounts between £3,501 and £10,000, and 1.5% for spending beyond £10,000. The standard interest rate on purchases is 18.9%, and the interest-free period on purchases can be as long as 56 days.
The Barclaycard Platinum Cashback card has a standard rate on cashback of 0.5%, with 2% cashback on spending at supermarkets and for petrol. The standard interest rate on purchases is 14.9%, and the interest-free period on purchases can be as long as 56 days.
The Capital One Bank Cashback card has an introductory interest rate on cashback of 4% for three months with no limit. Beyond that period the standard rate on cashback is a straightforward 1%. This may be useful if you are intending to use a credit card in the January sales. The standard interest rate on purchases is 15.9%, and the interest-free period on purchases can be as long as 45 days.
The Egg Money MasterCard has a standard rate on cashback of 1% with a minimum cashback payment of £5. The standard interest rate on purchases is only 7.9% (but since you’re looking at these cards because you regularly pay off your bill in full, this should entice you), and the interest-free period on purchases can be as long as 50 days.
The Leeds Building Society MasterCard has a standard rate on cashback of 0.5%. The standard interest rate on purchases is 0% for six months, then its is 17.9% and the interest-free period on purchases can be as long as 58 days
