Different credit card types have different purposes. If you want to switch your balance from one card to another to benefit from lower interest rates, you might want a balance transfer card. Or if you want to put a purchase on your card, pay it back over several months without being charged interest, you might want a purchase credit card.

But if you always pay your balance off in full each month and make regular purchases with your card, a reward credit card might be the card for you. It lets you earn rewards simply by using your credit card. Every penny you spend can contribute to your rewards.

Rewards cards can give you an extra little something back that you otherwise wouldn’t get. But they’re only right for you if you use them in the right way.

If you repay your balance in full each month before you’re charged interest, they can be very useful – earning you extra cashback easily.

But if you don’t plan to pay your balance off in full, the benefits of the rewards might not outweigh the interest you’ll be charged on your balance.

It’s important to stay on top of your spending and manage your rewards card to make sure you’re making the most out of it.

Cashback is simply a type of rewards. With our Platinum cashback card, we reward you for using your card by giving you cashback on all your spend.

Any cashback you earn on your card will be paid into your account and can be seen on your credit card statement. Just remember to always make your minimum payment on your account, as cashback paid in to your account won’t count as a payment.

Take a look at the cashback programme rules.