Reward credit cards help you earn points which can be exchanged for merchandise, travel and discounts.
uSwitch Limited is a credit broker, not a lender, for consumer credit products.
uSwitch services are provided at no cost to you, but we may receive a commission from the companies we refer you to.
With a reward credit card featuring rewards like Tesco Clubcard points or Nectar Credit Card points, each time you spend you get something back in reward points.
Some of the best credit card rewards allow you to exchange points for store discounts, gift vouchers and even flights. The cards below are ordered by interest rate (APR) - read the descriptions for more detail on the card rewards.
Some credit cards give you points you can then redeem against goods and services – these are known as reward credit cards.
The points offered can also be converted into vouchers for in-store purchases, making it possible to work out an equivalent value to the cashback offered by other cards for the same spending.
Some reward cards also offer points which can often be traded for special offers in-store or days out.
Using a reward credit card instead of cash or your debit card for everyday spending could be a great way to earn money back on unavoidable purchases.
Which card you pick depends on your needs and spending habits. For example, Nectar points, which can be collected via certain American Express and Sainsbury’s cards, can be put towards anything from restaurant bills to cinema tickets.
Similarly, if you spend regularly at Amazon, Boots, or M&S, a NatWest or RBS reward card could be right for you.
Reward cards are often competitive in other areas, enabling them to be used for various different purposes.
This means that even if you’re not a regular shopper or frequent flyer, some reward cards could be worth considering for the added benefits on offer.
However, as interest rates on reward credit cards are normally average at best, they’re only really suited to people able to clear their balance in full every month.
The best rewards credit cards will vary according to the uses you have for each reward. If you do your shopping with a particular retailer, then their own reward credit card which gives you points to spend in their store can be attractive. However, if you do your shopping all over the place, even a really attractive rate of points rewards that can only be used in one store probably won’t be worth it.
Premium cards are elite reward cards that give exclusive rewards, like access to VIP lounges, in exchange for a fee.
We compare credit over 100 credit cards from all of the major banks and credit card providers.
However, we do not compare all the credit cards that are available in the UK.
This is because some credit card providers have offers that are only available exclusively through their own website or branch, or through other comparison websites - in the same way some credit cards are exclusively available through uSwitch.
There are also many credit cards that are only available to people in member organisations and clubs.
Android Pay is a phone app that allows you to use your Android OS phone as a contactless credit card Following in the footsteps of Apple, Google launched their much anticipated ‘digital wallet’ app Android Pay in the UK on 18 May 2016. You can link the app to your credit and debit cards and […]
There are several fees and charges related to credit cards that you should be aware of and try to avoid If you use a credit card sensibly and know how to avoid all the potential credit charges and fees, they can be a versatile financial asset giving you everything from the best foreign exchange rates to […]
If you make the minimum repayment on your credit card every month, eventually you will find yourself paying back less and less each month until you finally clear all of the debt. But bear in mind that sticking to the credit card’s minimum payment option can be one of the most expensive ways to manage […]
Balance transfer cards are one of the most popular types of credit card. Our short video can help you get to grips with how they work: Read the full article to find the best balance transfer card for your needs or, if you know what you’re after, choose a market leader from the following categories: Longest […]
Whether it’s getting better exchange rates or ensuring you can get your money back if anything goes wrong with your hotel booking, if you’re heading overseas a little bit of preparation can help your money go much further. How to get the best exchange rates After the Brexit vote on 23 June 2016 the exchange […]
Paperless billing is the norm for most credit card users, with just over half relying on digital updates to manage their account. However, research from uSwitch has revealed this online-only approach is not always giving customers a clear view of their finances, putting them in danger of making costly slip-ups and falling further into debt. Hard […]
Getting into unsustainable debt is frighteningly easy – a few months of irresponsible spending can land you with a debt of tens of thousands that could take years to pay back. Most people experience problem debts at some point in their lives, and it can be difficult to get the situation back under control. Many people borrow money […]
Use this guide to find essential information about how to get out of debt, including ways to reduce debt and how to get help if you’re having debt problems. If you’re starting to feel overwhelmed by your debts, you’re unable to pay them off, or there’s an increasing risk of being taken to court by the people that you […]
Debt consolidation loans are one way of dealing with overwhelming debts – read our guide to learn more What is loan consolidation? – Loan consolidation is borrowing one large loan to pay off all your other loans Is a debt consolidation loan right for me? – If you are struggling to meet your current monthly […]