Get 3% Cashback on Fuel With New AA Credit Card

The AA Rewards Plus credit card gives you 3% cashback on all fuel purchases – but hurry, you’ve only got until 26 August to apply.

With the price of petrol having recently hit record levels, motorists are being squeezed every time they fill up – and many are being driven off the road.

But for those considering ditching their vehicle, help is at hand in the form of a new credit card being trialled by AA Financial Services – the AA Rewards Plus card.

Only available until 26 August, and only to AA members, the AA Rewards Plus card gives holders 3% cashback on all fuel purchases and 0.5% cashback on everything else.

However, the 3% cashback on fuel is limited to £2,000 annually. If you spend more than that, the rate drops to 0.5% – until the anniversary of the card’s account opening, when the limit resets.

If you aren’t an AA member but are still eager to get the card, you can apply for both AA membership and the Rewards Plus card at the same time.

In addition to the discount on fuel, every £1 spent at the pump nets you 3p worth of AA points while every £2 spent elsewhere will earn customers 1p’s worth of AA points. These can then in turn be redeemed for cash or goods and services – including discounts on your car insurance premiums.

On the downside, the card comes with a heft 19.9% APR, which will make it necessary for customers to pay off the card each month to properly reap the benefit of the discounts it offers.

Moneyhighstreet comments: “Getting the most from this card requires a careful balancing act. At current prices, you’ll save almost 4p per litre on fuel, which is great news – as long as you’re careful to pay the card off in full at the end of each month to avoid being hit with the 19.9% interest rate.

“If you want to take advantage of the offer, you have to get there fast. Not only does it expire on the 26th, but there are currently a limited number of cards available. If the card is successful, however, AA Financial Services will consider making it a permanent offer.

“In the meantime, AA members should take a look at other competitive offers from The AA.”