Skip to content

Rewards credit cards

SUPERSAVE WITH OUR BEST REWARD CARDS 

Cards-Generic-Hero-Desktop.png

MoneySuperMarket is a credit broker not a lender. You should be over 18 and a UK resident.

Compare our best rewards card deals from leading UK providers

MoneySuperMarket works with a range of household-name rewards card providers, including

company logo for amex-110company logo for capital-onecompany logo for sainsburys-110company logo for lloyds-110company logo for msbankcompany logo for john-lewis-finance-new

What is a rewards credit card?

A rewards credit card can be used for everyday spending but it gives rewards such as cashback, air miles or loyalty points on some transactions. The more you spend, the more you can earn – and some cards might even give you access to exclusive deals.

It can be tricky to work out which card is best for you. MoneySuperMarket can help by comparing cards for you in a quick and easy way – searching won’t affect your credit score.

Just tell us a bit about yourself and your finances, and we’ll show you the card deals that suit your needs – and how likely you are to be accepted if you apply.

Two people look at phone

What types of reward card can I get?

There's a broad range of rewards credit cards on offer, but they come in three basic types:

  • Cashback

    Every time you spend money on your plastic, cashback cards pay a percentage back to your account 

  • Points

    Spend on a points credit card and you accrue loyalty points that can be redeemed at popular high street stores

  • Airline

    Using an air miles credit card – run in association with airlines – builds up points you can redeem for flights, hotel rooms and car hire

How to choose the best rewards card?

With so many to choose from it can be hard to work out which is best for you. Here are some things to look out for:

  • 1

    Seek the best return

    Rewards cards can pay cashback or give you points. For example, cashback is typically from 1% to 5% or more. A points card might give you one point for every £1, £5, or £10 you spend. Check the terms of your card to see how much each point is worth when you redeem it.

  • 2

    Look for the lowest fees

    Keep in mind that some rewards cards charge an annual fee. Be confident your spending will earn enough cashback and rewards to justify the cost. If you’re unsure, go for a low or no-fee rewards card.

  • 3

    Choose rewards you’ll use

    Points cards only give vouchers for specific stores – so even if a card offers you a great deal, make sure it fits your shopping habits. Likewise, airline rewards cards only offer deals on selected air carriers and hotels, so make sure it’s one you’re happy to use.

  • 4

    Check the small print

    Is there an introductory rewards period that will end after a few months? When will you get your reward? Some cards pay out monthly, while others will make you wait until the end of the year. Check your card’s policy suits your expectations.

With a pre-approved credit card, the deal you see is what you get

When you apply for a rewards credit card, it’s not always clear what deal you’ll be offered or whether you’ll be accepted. But when you’re pre-approved for a credit card, you know the deal you see is the deal you’ll get – you’ll know where you stand, with information that will help you make the right choice.

  • Apply with confidence

    The interest rate and interest-free period are confirmed – the only thing not guaranteed is your credit limit

  • Tailored to you

    You’ll see your personalised chance of approval for all credit cards, so you can easily compare your options

  • You’re in safe hands

    This helps protect your credit score as you’re less likely to be rejected when you apply

Is a rewards credit card worth it?

Rewards credit cards have many advantages, but they aren’t right for everybody.

  • They might be suitable if you:

  • They may not be suitable if you:

  • Tick

    Use it for everyday spending

    Reward cards work best when you use them like a debit card, spending on as many transactions as possible to build up points

  • Cross

    You don’t pay off your balance in full

    If you can’t pay your balance in full each month avoid rewards cards. Interest rates can be high so debt will rise and your credit score could suffer

  • Tick

    Are a loyal shopper at specific stores

    Rewards cards are often linked to particular stores where you can either get more points or spend the rewards you’ve earned

  • Cross

    Can’t justify the fee

    Many rewards cards charge an annual or monthly fee – so your rewards need to outweigh this. You’ll also get hit with fees if you use a card at a cashpoint or overseas

Compare rewards credit cards with MoneySupermarket

If you've decided that a rewards card is right for you, MoneySuperMarket makes it quick and easy to see which cards you're eligible for and what bonuses they offer. Searching with us won't harm your credit score.

  • Tell us about yourself

    We'll ask you a handful of simple questions about you and your financial circumstances, and what you need from a credit card

  • We browse the market

    We'll sift through dozens of credit card offers from across the market, and show you the cards we think will suit you best

  • Pick the card you want

    You'll be shown a range of credit cards, which you'll be able to sort according to APR, features and your chances of being approved

MoneySuperMarket is a credit broker – this means we’ll show you products offered by lenders. We never take a fee from customers for this broking service. Instead we are usually paid a fee by the lenders – though the size of that payment doesn’t affect how we show products to customers.

MoneySuperMarket is a credit broker – this means we’ll show you products offered by lenders. We never take a fee from customers for this broking service. Instead we are usually paid a fee by the lenders – though the size of that payment doesn’t affect how we show products to customers.

There’s no single best rewards card – it all depends on what kind of bonuses you’re after, and what credit limit or APR works best for you. Providers are always making new offers, and new rewards cards with different perks regularly hit the market. Your best bet is to compare rewards cards to see what options are available to you, and then see which one you like the best. 

Hotel points are a less common credit card reward, and tend to be tied to premium cards (link). There are several options on the market, most of which will only work on one particular hotel chain.

If you’re a frequent traveller, hotel point credit cards might be useful to you, but premium credit cards usually come with annual fees and entry requirements.

Every time you use your credit card, your credit card provider charges a small fee to the merchant – and when you use a rewards card, they share some of that money with you. By offering rewards, your credit card company encourages you to spend more widely. This means more sales for the vendor, more profit for the credit card issuer, and a little extra money in your pocket too.   

There is nothing to stop you from applying for as many reward credit cards as you like, but each may come with a fee. You should be confident you will spend enough and earn enough rewards to justify this fee. Multiple applications for credit cards can also have a negative impact on your credit rating.

If you've had debt problems in the past or you've never had a credit card before, you could have a low credit score. This can make it difficult to be accepted for some credit cards. It could still be possible to get a rewards credit card – but your options are likely to be more limited and you might not have access to the best deals. Your APR is likely to be higher and your credit limit lower. The best way to get a great deal on a rewards card with bad credit is to start with a credit builder card. These cards can slowly help to improve your credit score. Use them responsibly, and you’ll be able to get approved for an increasing range of credit options in the future.

Representative 34.9% APR

Rewards credit cards give you cashback, points or other rewards such as air miles every time you spend. Depending on the terms of the card, cashback might be paid into your account or points redeemed through vouchers you can spend at high street stores. Rewards credit cards may come with a monthly fee, so you should make sure you are getting enough rewards to justify the charge. You should also make sure you clear the balance every month, as any charges or interest payments will quickly wipe out the benefit of the rewards.

When using a credit card, it’s best to pay off your entire credit card balance every month if you can afford to – this way you won’t pay interest and you can avoid building up debt. If you can’t afford to pay off the full balance, pay off at least the minimum monthly payment – ideally more.

Also avoid missing payments – credit card providers will often charge a penalty when you do, but more importantly, you risk harming your credit score.

Setting up a direct debit could be a good way to ensure you pay off at least the minimum amount of your credit balance each month. 

Each time you make an application for a credit card, it leaves a record on your credit report. Too many applications will make it look like you are in desperate need for credit and as a result, your application may be rejected.

Some credit cards have extra benefits that reward you when you use them a certain way. While some of them can be tempting, it’s better to get a credit card that will give you rewards for the way you spend already. For example, an airmiles credit card is only going to be useful if you’re a regular flyer, no matter how tempting lounge access might be – but if you’re a regular shopper at a particular high street store, there might be a credit card that gives you cashback for shopping there.

If you’re planning to use your credit card overseas, check whether or not you’ll be charged for doing so. Many credit cards charge foreign transaction fees, so it can be a good idea to look for a card that won’t charge you for using it abroad.

Some cards will charge a fee if you use it to take cash out of a machine, and on top of that you’ll be charged interest from the moment you receive your money. So avoid using your credit card for cash withdrawals unless it’s an emergency.

Credit card fraud, like any fraud, can be very serious – you should always take care when using your credit card, and be careful where you keep it. Never tell anyone your PIN and regularly check your statements to make sure there are no surprises.

If you’re applying for a credit card, you might be able to find a better deal if you look through offers from different providers before taking one out. With MoneySuperMarket you’ll be able to search through multiple credit cards and compare them by a range of factors, including their interest rates and any benefits and rewards they come with.

All you need to do is answer a few questions about yourself and your financial situation, and our Eligibility Checker will show your chances of being accepted for different credit cards. This won’t affect your credit score, so you can run a check without any worries.

Once you know which card you want, you can normally apply by phone, online, or in person if the provider has a high street branch. However, when you do apply, the provider will usually run a hard credit check – which will show up on your credit report – to confirm whether they’ll give you the card. If you’re accepted they’ll tell you your credit limit and interest rate, and soon you’ll be ready to start using your credit card.

MoneySuperMarket gives you lots of clever ways to save a lot, by doing very little.

  • Take control of your credit score by checking and improving it for free with Credit Monitor

  • Never overpay again with Energy Monitor, our energy monitoring service

  • Over 50 ways to Get Money Calm

So how do we make our money? In a nutshell, when you use us to buy a product, we get a reward from the company you’re buying from.

But you might have other questions. Do we provide access to all the companies operating in a given market? Do we have commercial relationships or ownership ties that might make us feature one company above another?

We commit to providing you with clear and informative answers on all points such as this, so we have gathered the relevant information on this page.