Login
Annual fee £25
★★★★ 4.2How we rate

Reviewed by the editorial team

Apply on official site ↗

You'll be taken to American Express UK's secure website.

⚖ Add to comparison

American Express UK · Amex

American Express Platinum Cashback

★ Higher cashback rate for bigger spenders Cash Back

Pay the roughly GBP 25 annual fee (as of 2026) on this version only if your spending is high enough to beat the free Everyday card. The ongoing cashback rate is stronger, so the crossover sits somewhere around GBP 10,000+ of annual spend, above which the higher rate more than covers the fee; below it, the free Everyday card wins outright. Watch for a minimum-spend condition on the cashback, and pair it with a Visa or Mastercard for shops that decline Amex. Run your own numbers against the fee using current rates on americanexpress.com/uk.

⟳ Rates & fees verified June 2026 — always confirm the current terms on the issuer's official site before applying.

Annual fee
£25
Rewards rate
Up to 5% intro then up to 1.25% ongoing (tiered)
Welcome bonus
Higher cashback rate for the first three months
Intro APR
Not applicable
Regular APR
Approx. 33.2% APR representative (variable, incl. fee)
Foreign transaction fee
2.99% on foreign currency purchases
Recommended credit
Good credit history
Best for
Higher spenders who'll out-earn the annual fee

What you earn

  • Boosted cashback during the opening three months
  • Up to 1.25% ongoing cashback on eligible spending
  • Amex Offers and Membership benefits included
  • Cashback paid to your statement once a year

👍 Pros

  • + Among the best cashback rates for heavy spenders
  • + The small fee is easy to cover with regular use
  • + Amex Offers push savings higher still

👎 Cons

  • – The annual fee makes it weak value for light spenders
  • – Cashback arrives yearly rather than monthly

Can you get it?

  • UK resident, 18 or older
  • Registered on the electoral roll at your address
  • Good credit score
  • A minimum income condition may apply

Requirements are general guidance — the issuer makes the final decision. Learn more about card requirements →

Decided on the American Express Platinum Cashback?

Finish your application on American Express UK's own secure site.

Apply now ↗

Was this helpful?

Put it up against similar cards

★ Flat cashback on all spending, no feeNo Annual Fee

American Express Platinum Cashback Everyday

American Express UK

The Platinum Cashback Everyday is the no-fee way into Amex cashback, with a higher intro…

No annual fee/yr Details
Apply on official site ↗
★ Earn Avios plus an annual Companion VoucherNo Annual Fee

British Airways American Express Credit Card

American Express UK

The free BA Amex lives or dies on the Companion Voucher, which unlocks once you hit an an…

No annual fee/yr Details
Apply on official site ↗
★ Cashback plus no FX fees in one card

Santander All in One Credit Card

Santander UK

The All in One tries to do three things at once: flat cashback, no FX fees and an intro 0…

£36/yr Details
Apply on official site ↗

Questions & Answers

No questions yet. Be the first to ask!

Ask a question

Please log in with email to ask a question.

Comments (0)

No comments yet. Share your experience!

Leave a comment

Please log in with email to comment.

Stop guessing. Put the cards side by side.

Line up fees, rewards, intro APR and lounge perks in one table — then apply on the issuer's official site with your eyes open.