American Express has launched a fee-free cashback credit card that offers five per cent cashback in the first three months.
American Express’s Platinum Cashback Everyday Credit Card is being re-introduced aimed at new customers who want to benefit from five per cent cashback on up to £2,000 of spending within the first three months of signing up to the card.
This means cardholders can benefit from a maximum of £100 cashback on spending of all types.
After the first three months, cashback rates of between 0.50 and 1.25 per cent are then applied as cashback rates, dependent on the amount spent.
Nicholas Stefanovitz, Vice President of Consumer Card Acquisition UK at American Express, said: "The Platinum Cashback Everyday Credit Card was very well received when we first launched it in October 2012, so we're delighted to re-introduce this popular fee-free cashback option.
“Around a third of Brits have a credit card that doesn't enable them to maximise their everyday spending with cashback, so we hope we can encourage them to not miss out and to make sure they switch to the Cashback Card that helps them save while they spend."
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