Terms & Conditions
*As of 3 January 2012 the American Express Platinum Cashback Credit Card offered the highest total cashback across all purchases over a full 2 year period. Based on the total cashback earned over 2 years (after annual fees have been deducted) on a monthly spend of £750; including an introductory bonus of 5% in the first 3 months of Cardmembership and a flat ongoing rate of 1.25% on all purchases (calculated using the ONS Family Spending 2011 Edition household expenditures by category).
** Cashback is earned on every full pound spent per purchase. Amounts eligible for cashback will be rounded down per purchase to the nearest full pound. An annual cashback on the aggregate amount of all purchases will be payable to you by us at the following rate: a) 1.25% on the aggregate amount of all purchases b) An additional cashback of 1.25% on the aggregate amount of all purchases made during your card anniversary month will be payable to you by us if you have made purchases in excess of £10,001 on your card in the preceding 12 months.
Cashback will be paid during each card anniversary month on the expenditure that has taken place during the preceding 12 months. Your card anniversary month is the one month period each year following the date on which your account was opened (for example, if your account was opened on 10 January, your card anniversary month will run from 11 January to 10 February each year). Cashback amounts will be rounded down to the nearest full pence. The total amount of expenditure which is eligible for cashback in any one month is limited to the amount of the credit limit. Payment of your cashback balance will be made by crediting your account.
