Cash Back Credit Cards



Today's crowded credit card market has provided a large choice of cashback cards for the consumer to choose from.
Looking for a CASH BACK CREDIT CARD? In recent years cashback has become more and more popular. Quite simply for any amount you spend the credit card company will give you back a percentage of the total. If you are the type of person that pays off their monthly totals in full each month then this is the type of card you should be looking for. Generally higher cash back rates will go hand in hand with higher APR's so be sure of how you will be managing your use of the credit card before choosing a card right for you. It was to address the changing way we use our cards that companies such as Accucard came along into the market place. They were the originators of the idea of letting the user adjust the configuration of the card so by setting a higher APR you increase the amount of cash back you receive. If you are paying off the balance monthly you wont be affected by the level of APR since you will have no balance to pay interest on. To give you a chance to view the various companies now offering cash back we have provide a selection below.
American Express:

5% cash back on all purchases subject to conditions for the 1st 3 months.
After the introductory period up to 1.5% is paid

Typical 18.9% APR (variable)
BARCLAYCARD PLATINUM CASHBACK 4% cashback on all spend (up to £15 cashback per month) until 30th September 2008
0.5% cashback (up to £15 cashback per month) until 1st January 2010

Typical 16.9% APR (variable)
CAPITAL ONE MASTERCARD Earn 4% Cashback on purchases until 1st September 2008
1% Cashback on purchases thereafter on the first £1,500 of purchases in each statement period

typical 19.9% APR variable

Different companies will run their schemes slightly differently to each other. Generally remember that the quoted rate will be an annual one and is normally paid at the end of each year. It will be paid on the total amount of purchases made in the previous twelve months.


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