Best credit card offers and promotions (February 2023)

The best offers and promotions for credit cards from 0% interest through to introductory bonuses.

Used responsibly, credit cards can help you earn money on purchases, give you stronger consumer protections, make holidays cheaper, help you clear debts or spread the cost of a big purchase. 

Everyone’s situation will be different, so these are just the best cards out there – you might have to settle for a shorter deal or lower rate of cashback.

This list is updated at least every month – check the published date to see when this last happened.

best credit cards

Best American Express welcome offers

I’ve more details on the latest offers in my full guide to American Express offers, but here are the top picks for the bonus available for new cardholders.

  • British Airways American Express Premium Plus – 70,000 Avios
  • British Airways American Express – 20,000 Avios
  • American Express Platinum – 50,000 points

Amex Referral bonus: Up to £30

If a friend already has an Amex then ask for their referral code which will work alongside the welcome bonus.

The size of the offer varies depending on the card, though you can use the referral link to open any card, not just the one your friend has. You can use my link here. To see all the different referral options then click the button at the top of the page.

Alternatively, you can see what rates are on offer from TopCashback or Quidco. These can sometimes beat the refer-a-friend bonus, and will give you cash even if you’ve had a welcome bonus before.

The best Visa and Mastercard welcome bonuses

Not everywhere takes American Express so if you want to earn money on your other spending then you’ve got limited choices. Don’t forget the Chase Bank current account pays 1% and is a debit card.

Barclaycard Avios Plus: 25,000 points

New Barclaycard customers who apply for a Barclaycard Avios credit card (here’s my review) will be eligible for a welcome offer.

CardRequirementNormal bonusValue as Nectar points
Barclaycard AviosSpend £1,000 in first three months5,000£33.50
Barclaycard Avios PlusSpend £3,000 in first three months25,000£167.50

If we assume you’ll swap the Avios earned for Nectar points (here’s how), the bonuses are worth either £33.50 on the free card or £167.50 on the Plus card. That’s on top of the points you’ll earn for the initial spending (worth £6.70 and £20.10 respectively).

However, the Plus version of the card does have a £20 monthly fee. Assuming you cancel the card once you’ve hit the bonus, and assuming that takes three months, this gives you a maximum profit of £176 from the bonus and spending points. It could obviously be less if you keep the card longer.

Personally though I’d wait for to see if this is boosted. Previously the points have been doubled.

John Lewis: Triple points for 90 days

If you apply for a new John Lewis Partnership card you can earn a triple points on spending at John Lewis or Waitrose for the first 90 days. This is the equivalent of 3.75% back.

You’ll get a £5 voucher once you have earned 500 points.

There’s no set end date for the offer.

Sainsbury’s Bank: £50 boosted Nectar offer (expired)

Open a new Nectar credit card from Sainsbury’s Bank (it’s different to the Amex one) and spend £400 in the first two months at Sainsbury’s, Argos, Habitat or Tu to receive 10,000 bonus Nectar points.

This is increased from the normal 8,000 points, and ends on 18 January 2023.

10,000 points are worth £50, so you’ll get an extra tenner with this offer.

Andy’s podcast

Listen to Cash Chats, Andy’s twice-weekly podcast. Episodes every Tuesday and Friday.

Best 0% Purchase & Balance Transfer welcome deals

Before you get a 0% balance transfer card make sure you read my guide to how to properly use them to reduce the cost of debts.

Bonus cashback: Up to £25

Cashback sites Quidco and TopCashback offer between £20 and £30 to successful applicants for credit cards from Tesco, TSB, HSBC and Barclaycard. Rates can change, so check out both sites.

For balance transfer cards this could work out better than the no-fee option. So for example, the Barclaycard Platinum transfer fee is 0.9%. Transfer £2,222 or less and the cashback wipes out the fee.

These rates can change so it’s worth checking each site to see which pays first.

New to cashback sites? Get an additional bonus of up to £17

Quidco new members can get £17 when they spend £10, while TopCashbcack new members can get £10 when they spend £10. Find out how to get these bonuses

Santander: £30 e-voucher for new cardholders (expired)

Successfully apply for a Santander credit card before 6 December 2022 and you’ll get a £30 e-voucher. Check eligibility first.

Andy’s YouTube

Watch new videos every week on the Andy Clever Cash channel, plus a regular live Q&A

Best credit building credit card welcome deals

If you’ve got a poor credit rating then spending on a credit card and then clearing the debt completely each month can help boost your score.

I’ve written in detail about this type of card, so make sure you check it out.

Barclaycard Forward: £20 cashback

If you’re eligible for the Barclaycard Forward card then apply via Quidco or TopCashback to get £20 cashback.

Tesco Foundation: £25 cashback

You can get £25 cashback when applying for the Tesco Foundation card via TopCashback.

Amazon Classic: £20 Amazon voucher (ended)

** The Amazon cards closed in October 2022**

The Amazon Classic credit card works like other credit building cards but also comes with a free Amazon voucher. It’s usually £10 but is currently boosted to £20. There’s also three months 0% interest on purchases.

Best spending promotions

Barclaycard: £10 cashback via Apple Pay (expired)

If you’re an existing Barclaycard customer it’s worth checking your emails or post to see if you have been sent a promotion for adding your credit card to Apple Pay.

Then once you spend £1 or more via Apple Pay you’ll get £10 cashback added to your card. Ends 31 July 2022, and credit will be added to your next statement by 31 August 2022.

Sadly you won’t be eligible if you use a Barclaycard Avios credit card.

It’s possibly worth adding your card to Apple Pay even if you didn’t get the email. I received a confirmation that the offer was active once I had added it, so if you don’t get that you’ll know the offer won’t work for you.

Get paid to switch bank

Check out the latest bank switching incentives, plus the current accounts with the best rewards, cheapest overdraft and highest interest.

best bank switching offers

9 thoughts on “Best credit card offers and promotions (February 2023)

  1. Looks like John Lewis may have extended their Triple Points offer. The landing page (still) says “Earn up to 3.75% in points ,,, for the first 90 days”. If that’s correct this, together with the 6 months interest free purchases, makes a decent 2nd installment in my stoozing campaign (following on from my 12 months interest free M&S card). Confusingly, if you click through to the terms & conditions, there’s a section entitled “Triple points offer 2022” but there’s no specified end date as far as I can see.

  2. Llyods and Halifax don’t have the cashback cards anymore

  3. Hello,

    Re John Lewis new Credit card and triple points for first 90 days.

    I applied for the new card (swopping over from the old John Lewis card), but I do not recall there telling me that triple points can be obtained. Don’t recall seeing it in any of their correspondence. I might have missed it of course.

    Also, a word about the letters sent out. John Lewis will send you a letter containing a code for you to use to verify who you are. Prior to any online application.
    This code does not always work. Did not for me, and I had to apply without using the code sent in the letter, going through more security checks because of it.

    The additional checks worked, and I was awarded my new card. But people need to know that applying for this new card is not straightforward.

    Thank you.


  4. Hi Andy, looks like there’s a new player in the Avios rewards credit card market which could become your top recommended. It’s also a Mastercard which has an additional bonus over Amex.

    1. Yep, going to write it up later this week and put a video on YouTube too. It’s got potential!

      1. Not sure if you’re able to ask Barclaycard press office in time for your article whether the Welcome bonus rules on Barclaycard Avios are the same as Amex in terms of the 2 year waiting period between welcome bonuses. Their terms are unclear on this:

        “3.2 We’ll only apply one Avios Welcome Bonus in relation to your card to your BAEC account during the lifetime of your card account. If you close your card account after you receive your Avios Welcome Bonus and then open another Barclaycard Avios card account within 2 years after you closed the original account, you will not be eligible for another Avios Welcome Bonus.”

        For me, this is unclear – does it mean the 2 year waiting period starts from 2 years waiting period starts from a) the date I last earned the welcome bonus during the previous period of card ownership or
        b) the date on which I cancel the card during the previous period of card ownership

        1. I read this as the same as Amex. So you’d need to cancel and wait two years before you can get another welcome bonus.

  5. The Amazon Card is now giving a 30 pond voucher

    1. Thanks!


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