Whilst it doesn’t offer any miles or points, we have recommended the Tandem Money cashback credit card on numerous occasions. It really had everything (apart from miles):
- no annual fee
- no foreign exchange fees
- 0.5% cashback on all spending
- operates as a Mastercard so widely accepted
Unsurprisingly, since I cannot imagine any scenario under which Tandem was making money from this product, it has been pulled to new applicants. The website also seems to imply that the clock is ticking for existing cardholders too.
You can find out more on the Tandem website here.
My preferred Visa / Mastercard cashback product is probably now the John Lewis / Waitrose one. This DOES have FX fees, but you also get 0.5% back on third party shopping and 1% back at John Lewis and Waitrose. There is no fee. All rewards are paid in shopping vouchers. There is currently a £30 sign-up bonus too.
The Aqua credit card also has 0.5% cashback – and paid in real cash – but capped at £100 per year. It DOES NOT have FX fees. I am not a fan of this product because it is aimed at people with credit defaults and is advertised as such. This means that you will get a low credit limit and it isn’t necessarily one to wave around in the pub. I know some HfP readers use it and are happy with it, however.
Want to earn more points from credit cards? – January 2022 update
If you are looking to apply for a new credit or charge card, here are our January 2022 recommendations based on the current sign-up bonus.
You can see our full directory of all UK cards which earn airline or hotel points here. Here are the top current deals.
There are special sign-up bonuses on both of the BA American Express cards until 28th February 2022. The bonus on the free card is doubled to 10,000 Avios and the bonus on the Premium Plus card is increased from 25,000 Avios to a huge 40,000 Avios.
British Airways American Express
10,000 Avios for signing up (SPECIAL OFFER) and an Economy 2-4-1 voucher for spending ….. Read our full review
British Airways American Express Premium Plus
40,000 Avios (SPECIAL OFFER) and the UK’s most valuable card perk – the 2-4-1 voucher Read our full review
American Express Preferred Rewards Gold
Your best beginner’s card – 20,000 points, FREE for a year & two airport lounge passes Read our full review
The Platinum Card from American Express
30,000 points and an unbeatable set of travel benefits – for a fee 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.
The bonus on the Capital On Tap card is increased from points worth 10,000 Avios to 30,000 Avios until 4th February 2022.
The bonus on the British Airways Accelerating Business card is increased from 30,000 Avios to 45,000 Avios until 28th February 2022.
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
American Express Business Platinum
40,000 points sign-up bonus and a long list of travel benefits Read our full review
British Airways Accelerating Business American Express
45,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
30,000 points bonus – the most generous Avios Visa for a limited company Read our full review
For a non-American Express option, we also recommend the Barclaycard Select Cashback card for sole traders and small businesses. It is FREE and you receive 1% cashback on your spending.
Apply 31st March 2022 and your cashback will be increased to 2% for the first three months.