
You can earn up to 6% cashback on your purchases when you pay with Barclaycard's new market leading cashback credit card.
An introductory 6% cashback rate applies to your 5 biggest purchases in the first three months and you can earn up to £120 cashback on your spending during this time.
Thereafter you'll earn 2% cashback on the top 5 purchases you make each month plus 0.5% cashback on all of your other spending.
You'll also benefit from an anniversary 'thank you' bonus of 4% cashback on your top 5 purchases every year, no matter how much you've spent on the card.
There is an annual £24 fee so you'll need to make sure that the cashback you earn offsets this cost. You should also make sure you clear your balance in full each month so you avoid paying interest - a rate of 19.9% APR applies to purchases.
You will need to make a minimum of 15 purchases a month to qualify for the 2% rate on your top 5 purchases.
Cashback is paid annually and a £75,000 spend limit on cashback applies.
You will need to have an excellent credit rating, be aged 18 or over and earn over £20,000 a year in order to apply for this card.
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Annual fees are such a great deterrent to wanting to take up such credit card deals.
True, but they can still be very worthwhile. You just need to work out whether the cashback you'd earn on the purchases you'd put on the card would outweigh the amount you'd pay in fees.
Maybe it is for a certain Mr Diamond formerly of Barclays?