Chase UK Cashback Alternatives: Maximise Your Rewards

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Chase Cashback Slashed – What’s Happened?

Chase UK has announced a major cut to its popular 1% cashback offer, reducing its appeal as a go-to rewards card. Previously, users could earn unlimited cashback on everyday spending, but as of 7 April 2025, the cashback benefit will be significantly reduced. If you've relied on Chase for cashback, it’s time to explore alternative options to keep earning rewards on your spending.

*You can still earn 1% cashback with Chase on UK groceries, transport, and fuel services.

Best Alternatives to Chase Cashback

1) Uphold Card – 1% Cashback

The Uphold Card offers 1% cashback on purchases in the UK, making it one of the closest replacements for Chase.

• Cashback Rate: 1%

• More Info: Uphold Card UK

What is Uphold?

Uphold is a multi-asset digital wallet and trading platform that allows users to buy, hold, and convert between various currencies, including cryptocurrencies, fiat money, and precious metals. In the UK, Uphold offers a debit card that gives 1% cashback in GBP on purchases.

2) Trading 212 Card – 0.5% Cashback

Trading 212 recently launched its own cashback card, rewarding users with up to 0.5% cashback.

• Cashback Rate: 0.5%

• More Info: Trading 212

*You can earn £40 for free when you sign up to Trading 212 here.

What is Trading 212?

Trading 212 is a commission-free investing and trading platform that allows users to buy and sell stocks, ETFs, and CFDs. It also offers a cashback card that gives up to 0.5% cashback on purchases.

3) Zilch – 0.5% on Everything / Up to 5% at Selected Retailers

Zilch offers 0.5% cashback on all purchases, with selected retailers offering up to 5% back.

• Cashback Rate: 0.5% standard, up to 5% at select stores

• More Info: Zilch UK

Explore how Zilch works here.

*You can earn £5 for free when you sign up to Zilch here.

What is Zilch?

Zilch is a buy now, pay later (BNPL) service that allows users to spread the cost of their purchases over six weeks with zero interest. It also offers a rewards program where users can earn cashback (up to 5%) on purchases when they pay in full, which can be used for future shopping.

Stacking Method: How to Earn 1.5%+ on Almost Everything

For those looking to maximise cashback, stacking multiple cards is the best strategy. Users in our community have successfully combined Uphold, Curve, and Zilch to earn 1.5% cashback on nearly every purchase. Here’s how to do it:

Step-by-Step Guide to Stacking:

1. Add your Uphold Card to Curve – This allows you to earn 1% cashback.

2. Link Curve to Zilch – This ensures that when you spend using Zilch, Curve is the actual payment method being charged.

3. Use the Zilch debit card for purchases – You’ll earn 0.5% cashback from Zilch, while Uphold still gives you 1% cashback through.

Essentially Zilch bill Curve who bill Uphold. Providing you have cash in your Uphold account the payment will come out.

Total Cashback Earned: 1.5% on all general purchases, with potential for even higher rates at Zilch partner retailers.

Why Curve?

Curve itself doesn’t offer cashback (except during occasional promotions), but it acts as a middle layer, enabling the stacking method. Since Zilch treats Curve as a debit card, you can keep earning Uphold’s cashback without issues.

Final Thoughts

While Chase’s cashback reduction is disappointing, these alternatives can help you keep earning rewards. By using the stacking strategy outlined above, you can maximise cashback beyond what Chase previously offered.