Best UK Credit Cards For Rewards

Are you tired of having the same old boring credit card that gives you next to nothing in return? Imagine if every time you spent money, you were rewarded with incredible perks, such as cashback, travel points, and exclusive discounts! Well, that is now possible with the best UK credit cards for rewards. In this article, we will break down and compare the top rewarding credit cards currently on offer.

1. American Express Platinum Cashback Everyday Credit Card

Pros:

• 5% cashback on purchases up to £2,000 for the first 3 months
• 0.5% to 1% cashback after the introductory period, depending on annual spend
• No annual fee

Cons:

• American Express is not as widely accepted as Visa or Mastercard
• Cashback is only paid annually

2. M&S Bank Shopping Plus Credit Card

Pros:

• Earn 1 point for every £1 spent at M&S and 1 point for every £5 spent elsewhere
• 0% interest on purchases and balance transfers for 20 months
• No annual fee

Cons:

• Rewards are limited to M&S vouchers
• Not very rewarding for those who do not frequently shop at M&S

3. Sainsbury's Bank Nectar Credit Card

Pros:

• Earn 2 Nectar points for every £1 spent at Sainsbury's and 1 point for every £5 spent elsewhere
• 0% interest on purchases and balance transfers for 25 months
• No annual fee

Cons:

• Reward points are limited to Nectar offers
• The value of Nectar points can be relatively low

4. Virgin Atlantic Reward Credit Card

Pros:

• Earn 0.75 Flying Club Miles for every £1 spent
• Annual bonus offer: 7,500 bonus miles if you spend £15,000
• No annual fee

Cons:

• The value of Flying Club Miles is mainly tied to Virgin Atlantic flights and services
• Miles will expire if the card account is closed or there is no activity for 36 months

Best UK Credit Cards For Rewards Example:

Imagine shopping for your regular groceries at Sainsbury's with the Sainsbury's Bank Nectar Credit Card. For every £1 spent at Sainsbury's, you earn 2 Nectar points. Over a year, with an average weekly spend of £70, you would have collected around 7,280 Nectar points. You could then redeem these Nectar points on a wide variety of offers such as discounts on fuel, vouchers at participating stores, or even exchanging them for Avios points for your next holiday.

So, which credit card suits you best? It's essential to match your spending habits and preferences to the most appropriate rewards card to get the most out of it. Whether it's cashback, retailer rewards, or travel points, there's something for everyone. Don't miss out on the fantastic rewards you could be receiving – take action today!

If you found this article helpful, why not share it with your friends and family, so they too can unlock the numerous benefits offered by reward credit cards? And if you're keen to find out more about personal finance, make sure to explore the other fantastic content available on Flik Eco.