Good American Express cashback deal with PayPal launched

American Express has launched a new cashback deal with PayPal which is worth a look.

This is an offer which triggers when you pay for anything, on any website (in theory £ payments only), via PayPal.

With the offer available across supplementary cards too, the sums add up. Looking at my wife and I, we have a potential of £275 cashback available which we have almost four months to trigger:

• My Platinum: Spend £70, get £15 back (valid three times)

• My wife’s supplementary Platinum: Spend £70, get £15 back (valid three times)

• My wife’s Gold: Spend £100, get £20 back (valid once)

• My Business Platinum: Spend £300, get £60 back (valid once)

• My wife’s supplementary Business Gold: Spend £300, get £60 back (valid once)

• My wife’s British Airways Premium Plus: Spend £70, get £15 back (valid three times)

I don’t have the offer on my British Airways Premium Plus Amex or my Marriott Bonvoy Amex card.

All PayPal offers end on 31st October. I can see that I will need to start a spreadsheet to keep track of them all ….

PayPal sells gift cards

Not a lot of people know that PayPal sells gift cards for various retailers – see here.

I would imagine that these do trigger the cashback, but don’t trust me. If you have Netflix, you could buy a Netflix gift card and credit it to your account – your monthly direct debit is automatically suspended until the value of the gift card is used up. I would image that Spotify gift cards work in the same way.

Uber is also there for anyone who use either the ride service or Uber Eats regularly, as are Just Eat cards.

Airbnb gift cards are also available.

Other deals

Some people have reported a new Selfridges offer, but none of my family cards have it. It is for £50 cashback on a £250 spend.

PS. I also have a deal on my Business Platinum and my wife’s supplementary Business Gold for £80 cashback on £400 of Facebook or Instagram advertising spend. This will be easy money for many HfP readers with their own businesses.

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Want to earn more points from credit cards? – April 2024 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 February 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:

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.

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:

SPECIAL OFFER: Until 12th May 2024, the Capital on Tap Business Rewards Visa card is offering a bonus of 30,000 points, convertible into 30,000 Avios. You must have a Limited Company to apply. Click here to learn more and click here to apply.

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.