American Express Platinum

American Express Platinum Credit Cards offer one of the most competitive cash back rewards scheme around. With 5% cashback on all your everyday spending you will be rewarded in many ways which will allow you to put more money back into your pocket. You will get 5% cashback everytime you use your platinum credit card in the first 3 months up to £100. There after you earn 1.5% cashback with no limit on how much you can earn.

Key Features:

• Earn 5% cashback for the first 3 months up to a max of £100
• Earn 1.5% thereafter with no limit on how much you earn
• Purcahse Protection Benefit. (Agreat feature in todays climate of credit card fraud)
• Refund Protection Benefit
• Online Fraud Guarantee
• Travel Accident Benefit up to £150,000

For a full list of benefits go to the American Express Platinum Website

As the credit card companies don’t like to give anything away for free, these type of cards are quite rare but they do exist. The American Express Platinum Card has always been a popular choice when searching for these type of cards. At the time of writing this they offer 5% cashback for the first 3 months of the card up to a total of £4,000.

Cashback cards are really aimed at those who clear their balances in full every month as the rates that are charged on these cards is quite high. Amex is currently charging 18.9%. There are other cars out there that also offer cash back like Barclaycard, Egg and MBNA. The Citi Shell Mastercard has an attractive 3% cash back on fuel spending, they have a rate of 16.9%