American Express UK Amex® Cashback
OUR RATING
Representative APR
36.7% APR (variable)
Purchases
31.0% (variable) p.a.
Balance Transfers
31.0% (variable) p.a. (3% fee)
Account Fees
£25.00 per annum
Representative Example:
At an assumed credit limit of £1,200 with a purchase rate of 31% (variable) p.a., and a fee of £25 p.a., most accepted customers get a rate of 36.7% APR (variable).
Our Verdict
Product Features & Benefits
| Issuer | American Express UK |
|---|---|
| Network | American Express |
| Primary Category | Cashback |
| Loyalty Scheme | Cashback |
| Incentive on opening | Get 5% cashback on your purchases (up to £125) for the first three months of card membership. |
| Cashback rate (if applicable) | After your welcome bonus period (first three months), you’ll earn up to 1.25% cashback, depending on how much you spend within your card membership year: - Receive 0.75% cashback on spend up to £10,000 - Receive 1.25% cashback on spend above £10,000 |
| Account Fees | £25.00 per annum |
| Purchases | 31.0% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 31.0% (variable) p.a. (3% fee) |
| Balance Transfer Fee (%) | 0 |
| Cash Advances | 38.3% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £700 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee (£) | £25.00 per annum |
|---|---|
| Late Payment (£) | 12 |
| Returned Payment (£) | 12 |
| Exceed Limit (£) | 0 |
| Duplicate Statement (£) | 2 |
| Replacement Card (£) | 0 |
| Trace Fee (£) | 0 |
| Cash Withdrawal Fee (%) | 3 |
| Cash Withdrawal Minimum Charge (£) | 3 |
| Foreign Usage EU (%) | 2.99 |
| Foreign Usage World (%) | 2.99 |
Application Requirements
| Availability | Available to new customers |
|---|---|
| Minimum Income | 0 |
| Minimum Age | 18 |
| Residency | Permanent resident in the UK. |
Executive Editor: Daniel Blackmore
Updated: 01/02/2024
