Cashback Credit Cards help you earn rewards with your everyday spending. But what is cashback and how does it work?
Cashback is a percentage of a transaction that is credited back to you as a loyalty reward. Every time you spend on your Credit Card, you’ll automatically receive a percentage of that value as a reward into your Account.
This is then credited as a statement credit to your Account annually.
Not to be confused with asking for cash back at the supermarket till, Cashback Credit Cards offer a simple, straightforward way to earn cash rewards for your everyday purchases – big and small.
Every time you make a purchase with your Cashback Credit Card, you will receive a percentage of that transaction back as a reward. The more purchases you make with your Card, the more cashback you can earn. This then accumulates in your Account and is paid to you as a statement credit every year, around the anniversary of Account opening.
There’s no limit to the amount of cashback you could earn with an American Express Cashback Card. We also offer a welcome bonus for new Cashback Card customers, allowing you to enjoy extra rewards in your first few months.