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Amazon cuts the cashback earning rate on its Platinum Mastercard credit card

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If you need any further proof of the tough environment out there for credit card rewards, Amazon has just announced big changes to its UK Platinum Mastercard.

I tend to use the Amazon card as one of my default ‘best (almost-)cashback’ cards.  After this change, the best mainstream card is probably the John Lewis / Waitrose one which has no annual fee and still offers 0.5% back, doubled to 1% at John Lewis and Waitrose.

Amazon Mastercard reduces its cashback earning rate

From 29th April, the cashback rate – paid in Amazon vouchers – on the Amazon Platinum Mastercard will drop from 0.5% to just 0.25%.

The earning rate when spending at Amazon remains unchanged.  You will get 1.5% back as a Prime member and 0.75% back otherwise.

Details of the credit card, which do not reflect the upcoming changes, are on this page of the Amazon site


earns points from credit cards

Want to earn more points from credit cards? – April 2025 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus card

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios card

Barclaycard Avios Mastercard

Get 5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

British Airways American Express Premium Plus

30,000 Avios and the famous annual 2-4-1 voucher Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

Virgin Atlantic Reward+ Mastercard

18,000 bonus points and 1.5 points for every £1 you spend Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

American Express Business Platinum

50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

British Airways American Express Accelerating Business

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review

Comments (152)

This article is closed to new comments. Feel free to ask your question in the HfP forums.

  • Tom Cook says:

    So, I have the plat and was thinking about referring my other half for the SPG card though she wounldn’t get a welcome bonus I don’t think.

    Anyway, in going through the refer a friend it only shows the plat and the BAPP card – I know this has happened before but it is now saying I would only get 9k MR points for a referral to the BA card, whereas before it has always been 18k……has anyone else had successful 18k points referral recently?

  • Freddy says:

    I must be living under a rock, what offers do you tend to look out for to get these discounts on giftcards

  • Chris L says:

    OT, Flybe launching LHR-IOM on 21/4. Not sure if this is old news or not.

  • James says:

    I have the Shop Small promotion and was very surprised to see the change in terms to just one single transaction / shop.

    It is not promoting the use of the card in small shops by much !!

    I reread it several times to make sure I was reading it correctly I was that surprised.

  • Sussex Bantam says:

    I also had a horrible experience with their customer service. I won’t use them again however much they offer in avios/discounts.

    I hope you have better luck !

  • illuminatus says:

    Does Eurostar normally run any promotions between now and May?

    • John says:

      not that I recall, there’s often one earlier in the year, and June/July had something the last few years

      I’ve been avoiding Eurostar for the last few weeks due to the industrial action by French customs at Gare du Nord, too many delays and cancellations!

      if that finishes, perhaps they’ll do something to try and get people back, but I wouldn’t count on either

  • Charlieface says:

    Natwest Rewards and Santander All-in-one are 0.5% as well, and that’s hard cash I think.

  • TP says:

    O/T – I’m new to the Marriott and building up stays for status requirements. I have a work booking I’m making for 3 rooms under the same reservation code for the same night. How many of these rooms can I earn credit for?
    I know with Hilton I’d earn against 2 room – What’s the policy with Marriott please?
    TIA..

    • TGLoyalty says:

      Stays/Nights against 1 but points against up to 3

      SPG was far better for this as its allowed both for up to 3

    • Rob says:

      One IIRC.

      Hilton – for clarity – gives points on two rooms but I THINK (IIRC) only gives night credit for 1 room?

This article is closed to new comments. Feel free to ask your question in the HfP forums.

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