Cash back cards

Receive cash back while spending.

Sounds to good to be true, paid to spend? Surely not?

If you are the type of person who uses credit cards for convenience and always pay off your credit card balance in full every month, switching to a cash back card could benefit you.

Many credit card companies now offer up to 59 days interest free credit and will provide a rebate of around 1% of the value of purchases, we have in some cases seen introductory cash back offers of 2-3% on new purchases.

Spend 2k a year on new purchases and you would receive around £20 back, not much but heck its free money so why not...!

Make sure you always check the terms with each lender as offers can vary, some will only pay on new purchases whilst others will cap the limit on the cash back or only pay if you spend a minimum amount per year, sometimes both. These cards and cash back offers only work if you DO pay off your balance each month.

Compare cashback credit cards at pricefilter.co.uk

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Disclaimer: Please note the above article does not constitute financial, credit or any other advice, we suggest that if you are unsure you take independent financial advice or conduct your own research. Rapid Retail Direct Ltd and pricefilter.co.uk can not be held responsible for any decisions made from reading this article.