For the first time, at least as far as I can remember, American Express has launched a cashback deal with John Lewis.
It isn’t hugely generous and, based on my cards, it is quite restricted, but it is an interesting development.
If one of your American Express cards is targetted for this offer, you will receive £10 back on a £100 John Lewis purchase made by 25th March.
The rules that it must be a one-off transaction, not cumulative.
If you are a regular Waitrose shopper, the easiest thing to do would be to pop into John Lewis and buy a £100 gift card. These can be used at Waitrose without any issues.
The offers appears restricted
John Lewis isn’t throwing a huge amount of money at this.
Only 20,000 American Express cardholders can register. I reckon only about 33% will actually end up redeeming, so the total cost to them is only £66,000.
Of the six Amex cards in our home (eight, including supplementaries), we only had it on one card – my Platinum.
Buying gift cards online may not work
Buying a £100 gift card in a John Lewis store is almost certain to trigger the £10 cashback.
This is not necessarily true if you buy online. Many retailers use third party companies to handle gift card sales. You may find that an online order is processed by an external party and it is their name that goes on your card statement, disqualifying your cashback.
You have until 23rd March to trigger the cashback if targetted.
Want to earn more points from credit cards? – May 2022 update
If you are looking to apply for a new credit or charge card, here are our top recommendations based on the current sign-up bonuses.
In February 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards. You qualify for the bonus on these cards even if you have a British Airways American Express card:
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.
The Platinum Card has doubled its sign-up bonus to 60,000 Membership Rewards points, which convert to 60,000 Avios or other airline miles, if you apply by 1st June 2022.
British Airways American Express Premium Plus
25,000 Avios 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
60,000 points (SPECIAL OFFER) and an unbeatable set of travel benefits – for a fee Read our full review
Virgin Atlantic Reward+ Mastercard
30,000 points bonus (SPECIAL OFFER) 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
40,000 points sign-up bonus and a long list of travel benefits Read our full review
American Express Business Gold
20,000 points sign-up bonus and free for a year Read our full review
British Airways Accelerating Business American Express
30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review
Capital On Tap Business Rewards Visa
10,500 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.