How UK cashback actually works — credit cards, reward bank accounts, and the websites that pay you for clicking through.
ONS data puts average UK household spending on housing, fuel and power at £118.40 a week — £6,156.80 a year. Here's what a range of real cashback rates would actually return on that, worked through with fees and caps.
Cashback on your own spending isn't taxable under HMRC's own rules — but referral bonuses and introducer payments are treated differently. The distinction that actually matters, with sources.
Compare reward current accounts using net cashback after fees and caps. Worked examples show what happens when you miss monthly eligibility conditions.
Calculate UK credit-card cashback after annual fees, spending tiers and monthly caps, with worked examples and the pitfalls to check before applying.
How cashback works in the UK across credit cards, cashback websites and reward bank accounts — what actually pays off, what the catches are, and when cashback isn't worth chasing.