Credit Card Rewards

Compare Credit Card Rewards

	Credit Card	Representative APR Variable Annual Percentage Rate: the interest that you will pay per year on purchases. This rate includes annual fees but does not factor in other charges such as default fees. Rates shown are 'typical' interest rates and may vary depending on your credit rating.	Balance Transfers A balance transfer is when you transfer the debt owed on one credit card (the balance) to another.			Purchases
			Rate This indicates the introductory interest rate on balance transfers that a credit card offers.	Duration The duration of time that the introductory interest rate on balance transfers will apply.	Fee Balance transfer fees are usually applied to any balances transferred from one card to another. They are calculated as a percentage (typically between 2-4%) of the amount being transferred.	Rate This indicates the introductory interest rate on new purchases that a credit card offers.	Duration The duration of time that the introductory interest rate on new purchase will apply.
	The AA The AA Credit Card AA rewards/cashback scheme	16.9%	0%	12 months	3%	0%	10 months	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 18 Existing Customer No
	Representative Example: 16.9% p.a. (variable) on card purchases. Equivalent to 16.9% APR representative (variable) based on a credit limit of £1200
	Barclaycard Platinum Simplicity NEW Barclaycard Freedom - Earn and redeem Reward Money in selected retailers	7.9%	7.9%	n/a	0%	7.9%	n/a	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 21 Credit Rating Good Minimum Income £20,000 Employment Status Employed
	Representative Example: 7.9% p.a.(variable) on card purchases. Equivalent to 7.9% APR representative (variable) based on a credit limit of £1,200
	RBS YourPoints World Mastercard 2,500 bonus RBS YourPoints plus double YourPoints for first 9 months.	16.9%	0%	15 months	2.90%	0%	15 months	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 18 Existing Customer Only available to NatWest Current Account customers Credit Rating Good Minimum Income £10,000
	Representative Example: 16.9% APR (variable) based on assumed Credit Limit of £1,200. Standard interest rate for purchases: 16.95% p.a. (variable)
	American Express Amex Nectar Credit Card Nectar Point rewards scheme. Get 10,000 bonus points when you spend £1,000 in the first 3 months.	25%	n/a	n/a	n/a	n/a	n/a	MORE INFO
	Representative Example: 25.0% APR variable. Based on assumed credit limit of £1200. Interest rate for purchases: 19.9% p.a. variable. £25 annual fee.
	NatWest YourPoints World MasterCard £1 spent = 1 point. Use toward flights, holidays and on brands like M&S, Boots and Amazon.	16.9%	0%	15 months	2.90%	0%	15 months	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 18 Credit Rating Good Minimum Income £10,000
	Representative Example: 16.9% APR (variable) based on assumed Credit Limit of £1,200. Standard interest rate for purchases: 16.95% p.a. (variable)
	The AA Balance Transfer Credit Card AA rewards scheme	17.9%	0%	16 months	2.9%	0%	3 months	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes
	Representative Example: 17.9% p.a. (variable) on card purchases. Equivalent to 17.9% APR representative (variable) based on a credit limit of £1200
	American Express Starwood Preferred Guest Credit Card Earn points towards hotel stays and flights with the Starwood Preferred Guest reward programme.	36.2%	19.9%	n/a		19.9%	n/a	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 18 Credit Rating Good Minimum Income £30,000 household income
	Representative Example: Representative 36.2% APR variable. Based on £75 annual fee, assumed borrowing of £1200, rate of interest for purchases 19.9% per annum (variable).
	Argos Credit Card	39.9%		n/a			n/a	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Existing Customer You must not have applied for a Vanquis, Granite, Aquis or Black Diamond Card within the last 6 months. Do not apply for the Argos Credit Card if you currently hold a Vanquis, Granite, Aquis or Black Diamond Card.
	Representative Example: Purchase annual interest rate 39.94% (variable). Amount of credit £1000. Representative 39.9% APR (variable).
	Barclaycard Freedom Reward Card	24.9%	0%	9 months	2.9%	n/a	n/a	MORE INFO Read this before you proceed. To qualify for this product you need to meet the following criteria. Permanent UK Resident Yes Minimum Age 18
	Representative Example: Annual purchase rate is 24.9% p.a.(variable) so if you spend £1,200 your representative APR will be 24.9% (variable).

Rewards credit cards

Banks offer a whole range of different reward schemes for customers that use their cards.

Often, the credit card provider will have a tie-in with a commercial partner like a supermarket, high street shop or leisure chain. Every time you spend money on your credit card you'll get reward points or discounts which you can spend with the associated companies. Sometimes you can get free or discounted memberships with associations and clubs.

Others will offer you straight up cash back in your pocket every time you spend money in certain shops.

Therefore, if you often spend money with certain companies or buy certain products you can cash in by switching your method of payment from cash or debit card to the reward credit card.

Make sure the rewards on offer aren't the only thing you consider when choosing a credit card though. You could face a higher interest charge or a service fee which outweighs the benefits.

It's also important to look into whether the maximum rewards you receive are capped at a certain level or whether the period that you receive the reward for runs out a few months into the account.

However, if you choose cannily, spend wisely and pay off your balance every month, there's every chance a reward credit card could work out to be a tidy little earner.

Click here to find out more about choosing credit cards.

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