The best new credit card deals

If you pay off your credit-card bill every month without fail, and you're a regular shopper at Sainsbury's, then you might be interested in a new cashback card now on offer from the supermarket chain. The Sainsbury's cashback credit card offers 5% cashback on spending in Sainsbury's stores for the first three months. It's capped at £50 per month (in other words, if you spend more than £1,000 a month at Sainsbury's, you won't get cashback on anything over that amount).

After the first three months, cardholders get £5 cashback per month as long as they spend at least £250 in Sainsbury's and at least £250 elsewhere. The card also offers six months 0% credit on purchases, and 15 months 0% on balance transfers, after an initial 3% transfer fee.

If you're not a regular at your local Sainsbury's, but you still want a cashback card, a better bet might be the AMEX Platinum Cashback card. This pays 5% on up to £2,000 of spending in the first three months, after which the rate falls to 1.25% (which beats the £5 for £500 of spending on offer from Sainsbury's).

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However, there is an annual fee of £25. An alternative with no fee is the Capital One Aspire World, which also pays 5% in the first three months (capped at £100, so the same as AMEX), falling to 1.25%.

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