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Looking for a good everyday cashback credit card? You’ve come to the right place; here we analyze the best options, getting straight to the point.
In Ireland, the reality of the everyday cashback credit card is different from other countries. This is because the local market does not offer reward programs as interesting as other countries. In fact, the focus is on cashback, which will certainly benefit you.
Throughout this article, we will demystify how daily cashback cards work in Ireland. You will learn how to identify the best offers, understanding the fees. We will also address how you can transform your everyday cashback credit card into a financial asset. Let’s go!
Main everyday cashback credit card options
The analysis focuses on the three main cards that offer cash or equivalent benefits.
It is important to remember that all credit cards issued in Ireland are subject to an annual Government Stamp Duty of €30.00.
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1. Avant Money Everyday+ Credit Card
Initially, the Avant Money Everyday+ Credit Card was created to capitalize on the high volume of recurring spending on groceries and daily consumption, making it a true everyday cashback credit card in its first year.
First, let’s look at the fees charged on this credit card:
| Key Financial Details | Value |
| Maximum Potential Earnings | euros per year |
| Variable APR (Standard) | 22,9% |
| FX Rate (Outside Eurozone) | 2,65% |
| Government Stamp Duty | 30 euros Annually |
The Everyday+ card offers 5% cashback on grocery purchases in the first 12 months. This benefit focuses on customer acquisition. However, it is limited to an earnings cap of €25.00 euros per month, guaranteeing a maximum annual gain of €300.00 euros in the first year for consistent spenders.
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After the initial 12 months, the cashback rate on groceries drops drastically to 1%.
For all other ineligible retail transactions, the card still offers a modest residual cashback of 0.1%.
You will still have up to 56 days of interest-free credit on purchases, provided the balance is paid in full every month.
2. Avant Money Reward+ Mastercard
The Avant Money Reward+ Mastercard takes a hybrid approach. Its focus is on the acquisition bonus and mitigating interest charges.
Initially, this card is for consumers who carry balances from one month to the next. It is less of an everyday cashback credit card and more of a defensive product. The fees charged on it are:
| Key Financial Details | Value |
| Variable APR (Standard) | 16,8% |
| FX Rate (Outside Eurozone) | 2,65% |
| Government Stamp Duty | 30 euros Annually |
The main appeal of Reward+ is its interest rebate. You will receive a 25% rebate on interest charged on purchase transactions on your monthly statement, limited to a maximum of €24.00 per month.
In addition, the customer receives a generous welcome bonus of €150.00 cashback credited to the account, conditioned on a minimum spend of €500.00 euros per month during the first three months.
Its Standard APR of 16.8% is the lowest among the three cards analyzed.
Furthermore, the card allows up to 56 days of interest-free credit on purchases and facilitates the transfer of existing balances from other creditors, being useful for debt consolidation.
3. AIB Platinum Visa Card
The AIB Platinum is the Allied Irish Banks card, aimed at customers who spend a lot every month.
| Key Financial Details | Value |
| Variable APR (Representative) | 17,0% |
| FX Rate (Rest of the World) | 2,75% |
| Government Stamp Duty | 30 euros Annually |
As the name suggests, it focuses on the premium segment, and it offers a more comprehensive, but conditional, everyday cashback credit card program.This card offers a generalized cashback of 0.5% on all transactions, regardless of spending category, with a cap limited to €225.00 per year.
However, there is a mandatory requirement. The cashback is only granted after the customer reaches a minimum annual spend of €5,000.00.
For new customers, the card offers a special introductory annual interest rate of 3.83% on purchases and balance transfers during the first 12 months.
Moreover, the AIB Platinum is more valued for its premium travel benefits, which include access to the Visa Luxury Hotel Collection Service.
It is worth noting that these exclusive benefits include best rate guarantee, room upgrade upon arrival (if available), complimentary daily continental breakfast, a 25 USD food/beverage credit, and late check-out.
Like the others, it allows up to 56 days of interest-free credit and offers repayment flexibility. In addition to extra services such as Visa Secure and Emergency Cash Service.
Furthermore, customers who spend less than €5,000.00 annually receive no reward, using a card with an APR of in exchange for premium services.
If you can’t get this card, and it’s the one that caught your eye, we recommend the AIB Classic credit card. It’s a good first step toward getting the Platinum version in the future.
Comparative Table of everyday cashback credit card benefits
The ideal choice for your everyday cashback credit card depends entirely on your spending profile and your monthly payment discipline.
| Card | Main Cashback | Variable APR (Standard) | Key Bonus/Incentive | Fixed Annual Fee |
| Avant Money Everyday+ | Groceries (1st year, max. €) | Focus on daily consumption (Groceries) | € Stamp Duty | |
| Avant Money Reward+ | Interest Rebate | € Cashback Welcome Bonus | € Stamp Duty | |
| AIB Platinum Visa Card | on all transactions | (Rep.) | Intro Rate (12 months) + Premium Travel | € Stamp Duty |
Conclusion
The everyday cashback credit card market in Ireland is driven by short-term incentives and specific benefits.
Now, for those looking to maximize daily earnings, the secret lies in strategy and financial control.
Initially, the Avant Money Everyday+ is the most advantageous card in the first year. Especially for families with high grocery spending, it can generate up to €300 in rewards.
The AIB Platinum offers a 0.5% return but requires a minimum spend of €5,000. Finally, the Avant Money Reward+ has the lowest APR and returns 25% of the interest, ideal for those who do not always pay the full balance.
Cashback is only worthwhile if you use the 56-day interest-free grace period. Otherwise, the interest outweighs the rewards.
Evaluate your payment history and decide which Everyday Cashback Credit Card best fits your financial strategy.