Good American Express cashback deal with PayPal launched

American Express has launched a new cashback deal with PayPal which is worth a look.

This is an offer which triggers when you pay for anything, on any website (in theory £ payments only), via PayPal.

With the offer available across supplementary cards too, the sums add up. Looking at my wife and I, we have a potential of £275 cashback available which we have almost four months to trigger:

• My Platinum: Spend £70, get £15 back (valid three times)

• My wife’s supplementary Platinum: Spend £70, get £15 back (valid three times)

• My wife’s Gold: Spend £100, get £20 back (valid once)

• My Business Platinum: Spend £300, get £60 back (valid once)

• My wife’s supplementary Business Gold: Spend £300, get £60 back (valid once)

• My wife’s British Airways Premium Plus: Spend £70, get £15 back (valid three times)

I don’t have the offer on my British Airways Premium Plus Amex or my Marriott Bonvoy Amex card.

All PayPal offers end on 31st October. I can see that I will need to start a spreadsheet to keep track of them all ….

PayPal sells gift cards

Not a lot of people know that PayPal sells gift cards for various retailers – see here.

I would imagine that these do trigger the cashback, but don’t trust me. If you have Netflix, you could buy a Netflix gift card and credit it to your account – your monthly direct debit is automatically suspended until the value of the gift card is used up. I would image that Spotify gift cards work in the same way.

Uber is also there for anyone who use either the ride service or Uber Eats regularly, as are Just Eat cards.

Airbnb gift cards are also available.

Other deals

Some people have reported a new Selfridges offer, but none of my family cards have it. It is for £50 cashback on a £250 spend.

PS. I also have a deal on my Business Platinum and my wife’s supplementary Business Gold for £80 cashback on £400 of Facebook or Instagram advertising spend. This will be easy money for many HfP readers with their own businesses.

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Want to earn more points from credit cards? – April 2025 update

If you are looking to apply for a new credit card, here are our top recommendations based on the current sign-up bonuses.

In 2022, Barclaycard launched two exciting new Barclaycard Avios Mastercard cards with a bonus of up to 25,000 Avios. You can apply here.

You qualify for the bonus on these cards even if you have a British Airways American Express card:

Barclaycard Avios Plus Mastercard

Get 25,000 Avios for signing up and an upgrade voucher at £10,000 Read our full review

Barclaycard Avios Mastercard

Get 5,000 Avios for signing up and an upgrade voucher at £20,000 Read our full review

You can see our full directory of all UK cards which earn airline or hotel points here. Here are the best of the other deals currently available.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on the ‘free for a year’ American Express Preferred Rewards Gold card is increased from 20,000 Membership Rewards points to 30,000 points. Points convert 1:1 into Avios (30,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

SPECIAL OFFER: Until 27th May 2025, the sign-up bonus on American Express Platinum is increased from 50,000 Membership Rewards points to a huge 80,000 points. Points convert 1:1 into Avios (80,000 Avios!) and many other programmes. Some people may see even higher personalised offers. Click here to apply.

American Express Preferred Rewards Gold

Your best beginner’s card – 30,000 points, FREE for a year & four airport lounge passes Read our full review

British Airways American Express Premium Plus

30,000 Avios and the famous annual 2-4-1 voucher Read our full review

The Platinum Card from American Express

80,000 bonus points and great travel benefits – for a large fee Read our full review

Virgin Atlantic Reward+ Mastercard

18,000 bonus points and 1.5 points for every £1 you spend Read our full review

Earning miles and points from small business cards

If you are a sole trader or run a small company, you may also want to check out these offers:

American Express Business Platinum

50,000 points when you sign-up and an annual £200 Amex Travel credit Read our full review

American Express Business Gold

20,000 points sign-up bonus and FREE for a year Read our full review

Capital on Tap Pro Visa

10,500 points (=10,500 Avios) plus good benefits Read our full review

Capital on Tap Visa

NO annual fee, NO FX fees and points worth 1 Avios per £1 Read our full review

British Airways American Express Accelerating Business

30,000 Avios sign-up bonus – plus annual bonuses of up to 30,000 Avios Read our full review