Chase Cashback Everyday Card: Simple Rewards, No Frills
The Chase Cashback Everyday Card offers a no-fuss 1% cashback on all purchases for the first year without an annual fee, but lacks a sign-up bonus.
The Quick Version
The Chase Cashback Everyday Card is all about simplicity. You get 1% cashback on every purchase for the first year, and there's no annual fee to worry about. However, the absence of a sign-up bonus might make you think twice. It's perfect if you hate fees and love straightforward rewards.
A no-frills card that's easy on your wallet.
Chase Cashback Everyday Card
What's Inside
This card offers a 1% cashback on all purchases for the first year, with no annual fee. It's linked to a debit account, so there's no APR to consider, which can be a relief if you're managing multiple interest rates. The cashback rate drops after the first year, so it's best for short-term use. You'll need a Chase current account to get started, which could be a hassle if you're not already a customer.
What's Actually Good
The standout feature is the no annual fee, making it an excellent choice for fee-averse users. The instant virtual card via the Chase UK app is convenient, especially if you're into digital wallets. Plus, it's accessible to any credit score, which means virtually anyone can apply and enjoy the benefits immediately.
The Catch
The cashback rate reverts after the first year, which isn't ideal if you're looking for long-term rewards. The lack of a sign-up bonus is a bummer, especially when competitors like the Capital One Quicksilver offer a £150 bonus after spending £500 in the first three months. Also, needing a Chase current account is an extra hoop to jump through.
Who It's For
If you're all about straightforward spending without the hassle of fees, this card is up your alley. It's perfect for those who want rewards without committing to a long-term relationship. But if you're the kind who loves hunting for bonuses, you might want to look elsewhere.
The Bottom Line
The Chase Cashback Everyday Card is great for those who value simplicity and low costs. It's not for you if you're chasing sign-up bonuses or long-term rewards. Curious about travel rewards instead? Check out the Amex Gold Card: Rewarding Travel, But At What Cost?.
