How to make money while you’re on holiday

Adam Edwards 21st Jul 2023 No Comments

Reading Time: 21 minutes

Unless you join the Navy or work for an airline, you will probably struggle to earn money while travelling in 2023.

Scrounging free flights and hotel stays is getting increasingly difficult in the post-lockdown, post-‘influencer’ world, and even professional travel writers now struggle to travel the world for free like they used to.

But there are still some ways to recoup the cost of your holiday, from renting out your home and driveway to looking after someone else’s pet while you sightsee.

Cut through the hype and discover what tips do and don’t work now, with our expert guide.

• Earn money renting out your home while you’re away
• Rent out your drive
• Make money house-sitting and pet-sitting
• Get freebies for blogs, reviews and social media posts
• Sign up as a mystery diner for free holiday meals
• Make money selling your holiday pics
• Travel for free by becoming a ‘group leader’
• Earn cashback on your flight and hotel booking

Earn money renting out your home while you’re away

Renting out your house out while you’re away is a simple – and pretty lucrative – way of recouping the cost of your holiday, especially if you live in a tourist hotspot.

Airbnb has obviously cornered the market in casual holiday lets, but there are a whole host of apps and websites out there that you can sign-up to, including Holiday Lettings, Vrbo, and Booking.com, all of which are quite easy to create and manage a listing on.

General rental sites like Spare Room or Monday to Friday are another good way of finding people who might want a full two weeks in a city, where, let’s face it, most Airbnb guests only want to stay for a day or three.

Which site is best?

Spare Room and Monday to Friday tenants are usually young adults or business people looking for a stopgap while they find more long-term accommodation. This means they not only want longer stays, but are less of a risk than some randoms from Airbnb.

You don’t earn as much as you would through Airbnb or one of the holiday booking sites, as you’re basically catering for people looking for a short residential let, which average a little over £250 a week. But it does mean you can rent out the property for the entire time your away without having to ask a friend to clean your house and make the beds every couple of nights.

There are just a few legalities to check before letting out your home, like whether you need to up your insurance. Airbnb, for instance, covers you for up to $1m in insurance, but your own home insurance provider may also need you to pay a small fee to include renters to your policy.

If you have a mortgage, you need to check if it’s okay with them too, as not all lenders allow you to offer your home out for short-term lets.

Airbnb

Airbnb makes it really easy and simple to rent out your house for a short period of time.

With Airbnb, you’re in full control of your availability, prices, house rules, and how you interact with guests. You can set check-in times and handle the process however you like.

Airbnb offers free listing on its site and leaves it up to you how much you want to charge guests.

Its messaging service also makes communicating with guests stress free, giving you the option of meeting them in person or just giving them your door details.

Guests must pay before they arrive and you are paid automatically when they check in.

Airbnb charges a 3% service fee which means if you were to let a property for £700 a week, its cut would be £25.20 and that means you’re almost guaranteed to make a hefty profit!

But the site also charges guests up to 14.2% on top of your asking price in ‘guest fees’, which can make your price less attractive, as that £700 listing will cost the guest up to £799.40.

Holiday Lettings

Holiday Lettings is very similar to Airbnb in the sense that you can advertise your lovely home on its site for no upfront cost.

The company does take 3% of any money you make, plus VAT where relevant, so, again, you lose£25.20 from a £700 listing. Like Airbnb, guests will also see some added guest fees on their final bill, which range from between 8% and 16% extra. That means that if you list your home for £700, the guest will actually pay between £756 and £812.

Holiday Lettings is a super useful site as it links to TripAdvisor.com which means it’s really easy for potential guests to find your place.

As Holiday Lettings put it, this partnership means that ‘our owners can now show off their guest reviews and get their properties promoted on a worldwide network of 25 TripAdvisor websites surfed by 340 million travelers every month’.

Booking.com

Booking.com is another great site you should consider when thinking about renting our your home. Surprisingly, more than 40% of overnights booked through the site are for stays in private homes and apartments rather than hotels and B&Bs.

The website has a handy feature which tells you how in-demand properties are in your area and how quickly your property is likely to be snatched up!

Booking.com takes 15% commission on the price that your guests will pay (which you set yourself!), meaning that if your guests are paying £700 for a week in your home, you will only be left with £595.00 in earnings. Meanwhile, the guest fees that are added on top of your listing can range from anywhere between an extra 10% and 25%., although they average around 15%.

Although this sounds like a lot more than the amount that Airbnb and HolidayLettings take, Booking.com is often the go-to booking site for travellers looking for nights away, and pulls in around 100 million visitors a month, so you’re paying for a premium service that can get lots of eyeballs on your listing.

Spare Room

Listings on Spare Room are free. It should only take a few minutes to create an advert, which can have as little or as much information and pictures as you feel necessary to include, and you communicate with interested renters through its messaging function.

Monday to Friday

Monday to Friday attracts a slighter older customer than Spare Room, as its clients are often businessmen and women who work in a different town to where their family live – and where they spend the weekend.

Unlike Spare Room, you have to pay to list on Monday to Friday, with prices starting from £34.95 for a two-month listing.

Rent out your drive while you’re on holiday

If your mortgage broker doesn’t allow you to let you rent out your house, or maybe you just don’t fancy having someone else stay in your home while you’re not there, you could always rent out your empty driveway instead.

Having a car on your drive will also do more to keep away would-be burglars than that hall lamp on a time switch ever could! You can also make a fair whack by simply letting someone else park on your property for a week or two. Again, the amount you could earn depends on where you live – if you’re live in a big city or near a major sporting venue, like Wimbledon or Aintree where parking is a major problem during certain weeks of the year, your drive will obviously be more in-demand than if you live on Dartmoor.

There are loads of companies that specialise in driveway rentals, including JustPark.com, ParkOnMyDrive.com, Stashbee.com and YourParkingSpace.co.uk. You’ll also find people listings their driveways on Gumtree, Facebook and other less-specialist sites, so it’s worth checking on those too to see if you could earn more by advertising on one of them.

Setting up an account only takes a minute or so, and the sites then either take a small cut from you, the leaser, or, in the case of JustPark.com, add an extra commission on to bill which the person renting your drive pays.

JustPark

In terms of fees and commission, it’s free to advertise your space on JustPark, but the site does charge a 3% commission on every successful booking. Also, be aware that for longer bookings (more than two months), JustPark deducts 20% from your first month’s payment, but after that it goes back to 3%.

Its service includes a professionally drafted contract to download and a completely flexible rental arrangement – you decide exactly when and for how long you rent your space for.

Park Let

Park Let is the most restrictive option as it deals only with five or seven-day contracts. This means that if you’re going away, you have to make sure your drive is available to use 24 hours a day Monday to Friday (in the case of a five-day contract) or all day and night Monday to Sunday (in the case of a seven-day contract).

While it’s free to advertise your space, they do charge a 25% to 30% commission on your rental earnings depending on whether you opt for one week or two. This falls to 20% for people who rent their drive out on a more long-term basis. If you do eventually end up renting out your drive on a monthly contract after your holiday is over, you will also have to pay a one-off fee of £25 as well as 20% commission of anything you earn.

YourParkingSpace

Renting out your driveway on YourParkingSpace is absolutely free and you won’t have to pay a service fee, as a 20% charge is added to your price automatically, which the person using your drive then pays to the website. YourParkingSpace also provides users with places to park by the hour, which can attract more interest, especially if you live in an area popular with shoppers or tourists rather than commuters.

How much can I charge to rent out my drive?

The three cities most in-demand by space-shy parkers are London, Edinburgh and Brighton, where parking near the centre typically goes from £9.50 a day (if you exclude the chancers charging £50+). Even in the suburbs, the going-rate starts from £5 a day in Brighton, rising the closer you live to bus routes.

It may not sound a huge amount, but added up over a fortnight, you could (conservatively) look to make between £70 and £133 renting out your parking space – and that’s assuming you list at the very bottom of the market. Most of those drives are not in the most in-demand parts of Brighton, like near the beach or station.

It’s a similar story with other touristy cities like York, where city centre parking could fetch you around £7.50 to £12.50 per space, while a drive in the suburbs typically nets enough to pay for one of two ice creams on the beach each day.

Will I earn more in other cities?

If you’re lucky enough to live in central London or Edinburgh, your drive will pay for more than a few Magnums. You can easily make £20+ a day for each parking space you have in the English and Scottish capitals. If you’ve a double drive or double garage, you’re looking at £40+ a day – which adds up to £560 in revenue during your two-week trip away. Have space for three cars? You could earn £840 to put towards your spending money.

Obviously, you will need to check with your home insurance provider to ensure that renting out your driveway or garage doesn’t affect your policy, and any extra cash you make must be declared to the Inland Revenue on your tax return.

Can I make money house-sitting and pet-sitting?

As well as renting out your own house/drive to make some money, you could try getting paid to stay in the place you’re staying – or, at the very least, stay there for free.

The obvious way to do this is by offering your services as a house sitter.

There are a number of reasons why someone would want you to stay in their house rent-free.

An increasing number of people own more than one property or spend long periods of time away on business, and would rather pay someone to look after the place than risk being burgled.

Burglary rates are highest during holiday periods, which, let’s face it, is probably when you are looking for somewhere too. Hiring a house-sitter also makes financial sense for home owners with lots of valuable contents, like priceless art and memorabilia, so having you on-site could actually help lower their insurance premiums.

What does house-sitting involve?

House sitting is typically very easy. Your job is to keep things dust-free and tidy, perhaps keep on top of the garden and water any plants, and, of course, you may be required to look after a pet too.

There’s quite a demand for those who are good with dogs, cats and other animals, given many pet owners don’t want to send their pets to expensive kennels and catteries, so if you enjoy walking and grooming animals, and can be trusted to keep them alive for two weeks, you’ll be ideal.

Not all house-sitting companies pay, but you’ll save hundreds of pounds on hotels and B&B by taking on the roll of unpaid dog-walker/night-watchman when you’re not off exploring the local tourist sites.

How do I register?

Most the main house sitting websites charge would-be sitters a small fee to register on their site. HouseSittersUK, for instance, charges £29 a year for access to its portal, which, as its website points out is ‘a fraction of the price of a night’s hotel accommodation’. You have to register with the site using Facebook, an email address or your Google log-in, which takes a few minutes. You can then begin searching for home owners in the area you’re hoping to stay, and chat directly with them to negotiate what they want and need from you. Most home owners do not offer payment, but some do. If they pay, they will typically mention this in the advert, but you can always ask about any remunerations or expenses when you message them.

Home owners are forbidden from asking you for rent during your stay, although they are technically allowed to ask for help towards electricity and other bills. However, it’s generally frowned upon given many sitters get paid.

Can I house-sit in another country?

If you’re looking for accommodation abroad, MindMyHouse.com has listings across the US, Canada and Mexico, which account for over a third of all ads, as well as lots in the rest of Europe, Australia, New Zealand, and the UK.

Again, you have to pay a small yearly membership fee of $29 (roughly £22) but there are lots of nice looking listings in exotic destinations. Of course, the home owners are generally looking for help on specific dates (usually when they themselves are going away), so if you’re looking to visit California, for example, it may make sense to look up who is listed in that destination – and when they are looking for house-sitters – and, organising your trip around that, rather than booking your flights first and then being disappointed when you discover there are no Californians looking for house-sitters the fortnight you’re going to be there.

Can I specify what I will and won’t do? 

The interesting thing about this site is house sitters and home owners sign an agreement detailing exactly what is and isn’t included in the agreement, covering everything from payment (or otherwise) to the situation regarding utility bills, damages, and any chores/responsibilities. The contract also guarantees your stay, although each party can cancel the agreement up to seven days before you are due to arrive, so there’s always a chance you may have to find alternative accommodation if they cancel more than a week out.

Another popular site is Trustedhousesitters, however its joining fee is a lot more expensive, starting from £99 a year for a ‘basic’ membership. If you go down this route, it may not be a bad idea to upgrade to the £129 ‘standard sitter’ membership, which includes accidental and third party liability insurance, in case anything goes wrong during your stay.

Again, you’re unlikely to get paid if you accept a gig on Trustedhousesitters, but given its popularity with home owners, it’s a great site if you’re looking to find a ‘free’ holiday, as there ought to be plenty of listings to choose from.

Can I charge a fee to house sit?

Although payments are not the norm, you may be able to negotiate a small fee if there are pets to look after or any other additional tasks, so definitely give it a try if you feel you deserve a small daily amount.

One lady we know of at MoneyMagpie regularly makes £50 a day as a house-sitter. She only spends the evening and night in the house, before going to work the next day.

The reason for this high rate of pay is the fact that the owner of the house has seven dogs.

It would cost at least £10 per dog per day to put these dogs into kennels. By paying £50 to a house-sitter who knows the dogs, the owner saves £20 a day.

Generally, though, pay is minimal and starts at £10 a day. Some sitters ask for a food allowance of £10 a day, much like an employee can do when having to travel for their company. These sitters will often ask for 45p per mile for fuel, again much like employees get paid for using their private vehicle for work. Both of these payments are non-taxable, unlike any actual remunerations, which should be declared to the taxman if you meet the minimum threshold.

If you are more focused on earning money rather than just finding somewhere free to stay, you’re probably better looking at a specialised pet-sitting site, although you probably ought to be a real animal lover to bother applying to these. Most owners aren’t going to leave their beloved pooch with any Tom, Dick or Harry.

How do I become a pet-sitter?

The pet-sitting platform Rover doesn’t charge you to register and instead takes 15% of any money you make, much like Airbnb does. A lot of the sitters on its site are pros who either own boarding kennels and catteries, or run professional dog walkers services, and they obviously charge big bucks. That said, there are others who offer a more traditional house-sitting service, which is obviously preferred by many pet owners whose animals are too nervous or old to go to a kennel or cattery, so you might be able to undercut the pros, and net yourself a decent fee to help offset some of your other holiday costs. If you have a police check and can get references from other pet owners attesting to your dog-whispering prowess, you’ll also seriously boost your chances of getting selected.

Again you’ll find listings across the UK on Rover, as well as in popular tourist destinations like the US, Canada, Germany, Spain, France, Italy, Netherlands, Sweden and Norway – where hotels are notoriously expensive.

If you plan to look after someone’s pet, you really ought to look into getting public liability cover, in case the dog bites someone while you’re out walking them, for instance. Many professional house-sitters take out public liability insurance even if they never look after pets. You never know what sort of any blow-back you might get from the home owner if things go wrong, so it’s always better to be safe than sued!

Are freebies for blogs, reviews and social media posts still a thing?

Until recently, you could probably scrounge or ‘blag’ yourself a free stay in a luxury hotel if you had a large social media following (ie. tens of thousands of followers) or wrote a mildly successful blog.

But sadly (or luckily, depending on your point of view) the ‘influencer’ bubble has well and truly burst over the past few years. It had already started to deflate before the Covid lockdowns, as companies and marketing agencies became more and more aware of just how inflated most influencers’ follower and engagement figures are. Social media stars not often only pay for followers and likes in order to scrounge free goods and services, but, more generally, sites like Instagram and Twitter are full of so many fake or ‘bot’ accounts that even honest celebs, politicians and influencers have thousands, and in some cases millions, of fake followers, artificially inflating their ‘influence’.

Moreover, social media influencers are now increasingly seen as inauthentic, now people are aware they were being paid vast sums to wax lyrically about that dreamy holiday resort they just happened to be posting about.

What does that mean in practice?

All this has made getting that free flight, hotel stay or even a free meal while on holiday much more difficult, especially for people who previously might have been considered micro-influencers (ie ordinary people with relatively large follower figures).

The travel industry took also took a major financial hit due to Covid lockdowns and vaccine mandates, so even professional travel writers working for national publications or in-flight magazines owned by the airlines find arranging freebies much more difficult now, too.

You can, of course, still chance your arm if you have a large, relevant and engaged following that you think a business might be interested in. A restaurant, for instance, might happily give a food blogger and their partner a free meal in exchange for a review and some social media posts. But don’t take it personally if they say no – a lot of businesses have been burned in the past, and a lot more are struggling to survive due to the ongoing fallout from Covid restrictions.

Be polite, upfront about what you want and what you can offer, and try not to sound like a diva. Influencers and bloggers are famous for being a bit stroppy and demanding.

Sign up as a mystery diner for free holiday meals

Don’t have a few thousands followers or a popular YouTube channel? You could always look to save money on your holiday by becoming a mystery diner.

There are lots of agencies out there that employ people as mystery shoppers or diners. Some pay but most offer enough money to pay for the service you’ve been asked to review.

It’s a good way of eating out without actually spending any money, and doesn’t require much in the way of actual work either, so shouldn’t feel like a distraction from your relaxing break.

What will I have to do?

Typically, mystery diners are given a simple questionnaire to fill-in after their visit, asking them to rate how friendly the staff were, how clean and presentable the restaurant looked, and other perhaps brand-specific questions, like did the meal arrive within a certain time after ordering.

Lots of students and retired people do mystery shopping or mystery dining work as a part-time job, but if you’re really only interested in doing it every so often to cover those dinners away, you could try signing up for a site like MysteryDining.

While most people who use the app review restaurants in their local area, it let’s you update your preferences if you’re travelling, meaning you can select to review restaurants and hotels, for example, while you’re elsewhere in the UK. They even have some international partnerships, meaning you could eat for free while on holiday in parts of Europe, the Middle East and America.

Can I get paid for reviews?

MysteryDining doesn’t pay you for each review, but offers ’capped reimbursements’ – ie. money to pay for the meal or hotel room you’ve been asked to review. It works on a tiered system (with bronze, silver, gold and platinum levels, depending on how many reviews you’ve done). Not surprisingly, the best gigs, like hotel stays, spa visits, meals at high-end restaurants, and afternoon teas, are reserved for people with more experience – which you gain, initially, by reviewing a lot of ‘quick service’ eateries, like Pret A Manger.

If living it up for free isn’t enough, you can find paid gigs here, although they require a bit more commitment and effort, and, are frankly, more of a job than something you can just casually do while enjoying a much-needed break.

What other options are there for making money?

If you’re the sort of person who likes to write reviews more generally, you might be able to claw back few quid of the money you spent on your holiday by writing reviews of your hotel, too.

A lot of companies, like Tripadvisor, used to pay people to write reviews for them. These days, such gigs are few and far between. One website that does still pay for reviews of everything from hotels to airlines to toothpaste, tech and books is ReviewStream. It’s a really ugly website, but you could earn some spending money to put towards your next holiday by reviewing some of the places you visited on your last trip.

Again, the money’s not great – and there’s no guarantee they will pay for your your submission just because you posted a review on your portal for them to consider –  but you can earn a few quid for doing what you probably would have done for free anyway on Tripadvisor, Booking.com or Google anyway.

Make money selling your holiday pics

Another popular money-spinner in the past was to try to sell your holiday pics. Sadly, this too is much harder in 2023, as obviously most photo libraries are now saturated with images from all our old holidays.

If you’re travelling somewhere a bit unique or off the beaten track, however, and are a good amateur photographer with a DSLR camera, you might as well give it a go, as it’s surprising how few images the photo agencies have of vast swathes of Africa, for instance.

What sort of images will sell?

Obviously there’s very little demand for new images of Table Mountain or Kruger National Park. But you’d be surprised at just how few images there are of other relatively mainstream African destinations on most picture libraries.

For instance, if you type ‘fisherman + Gabon’, ‘hyenas + Namib-Naukluft National Park’ or the name of a beach in Zanzibar or Mozambique into a photo library search bar (like a picture editor looking to illustrate a story would do), very few images will likely come up.

Even if there are a few relevant images on the site, there’s a good chance those that those photos will already have been used by the picture editors at specialist publications (or even mainstream media houses), meaning your snap could be exactly what they’re looking for next time they search one of those terms.

If you’re going even further off the tourist trail to visit relatives in Nigeria, for example, then you could really clean up. You’d be shocked at how few good images there are of a country of 200 million people!

Where do I sign up?

There are lots of online agencies. Some popular sites include:

• Fotolia
• 123RF
• iStockPhoto
• Alamy
• Shutterstock

When you register your details, the site will usually ask you to send between five to 10 photos so it can test the quality and type of photos you send them. If your photos don’t conform to the site’s requirements, they will be rejected.

If this happens, don’t worry – just try again, taking their comments into consideration. Sometimes it may just be because they already have too many of the sort of photo you’re sending.

After your pictures have been checked and cleared you’ll be notified when they go live on the website, usually after about 24 hours.

Then there’s nothing to do after that except wait until people buy your photos. Once your account reaches a certain limit you can get your hands on the cash.

Fotolia

This library, which is part of the Microsoft/Adobe empire, is a great place to start uploading your pics, not least because you can sign up for free.

One-off sales will earn you a 20% to 63% commission. Meanwhile, photos licensed via Fotolia’s subscription service attract a 33% commission each time your images are downloaded and used.

The amount you earn will obviously depend on the quality of your images and the demand for there is for that subject too, but we found a fairly uninspiring image of a beach in Gabon, for example, on sale for $79.99, which could theoretically net the photographer around $26 if it was downloaded by a picture editor. In reality, though, you won’t earn that sort of money per download. Most picture editors who use Fotolia  are signed up to reasonably priced subscription packages, meaning they actually only pay a fraction of that amount per download, we’re talking a couple of quid, if not pennies, per download.

However, the more you contribute and the more photos you sell, the higher you climb in rank and therefore the more money you can make on commission.

123RF 

This site operates in a similar way as Fotolia, as your commission is based on the package that buyers have – with the amount you earn varying from 30% to 60%. Again, photo editors tend to buy bundles of credits on 123RF, allowing them to download images for as little as 31p a pop.

Expect to earn between 10p and just under £2 each time your image is used.

iStockPhoto

The royalty structure on iStockPhoto is 15%, but you could make up to 45% for exclusive pictures when your ranking is high. That being said, its rates of pay are very low and, again, depends on the package the buyers have signed up, so you may not get anything for web resolution photos. This site is probably only good to look at when you can sell high resolution photos of very good quality.

Alamy 

Alamy supplies a high-end market of editorial, advertising and publishing companies, so it’s safe to say anything you submit has to be high quality that follows their submission guidelines strictly. If you do, you have the potential to earn 65% commission. Photos on the site cost between $20 and $500, but, according to Alamy, images sell on average for $30 – or just over £22.

Realistically, you are likely to earn about £3.50 per download on Alamy, which may not sound a lot, but is considerably more than most other photo libraries pay.

Shutterstock

An agency like Alamy may offer more per sale, but you’ll probably sell fewer downloads than if you list them on Shutterstock. The site pays less per pic but you could earn more overall thanks to the sheer volume of downloads made. With Shuttersock you should realistically expect to earn about 8p each time your image is downloaded.

Legal issues to consider

There are a few legal issues to consider before you upload any pics on to a photo library like Alamy, 123RF or iStockPhoto. For instance, pictures of identifiable houses or models (any person who is in the photo) will in most cases need a release form. This is signed by the model or house owner to cite that their permission has been given for you to profit from their personal belongings. Each website has a release form for you to download if you need it.

You should also avoid taking pictures of car registration plates, company logos (these might be Registered Trade Marks) and anything that could be considered inflammatory (racist graffiti, for example).

Travel for free by becoming a ‘group leader’

A lot of travel companies offer a discount if a large group is booking together. These include major brands like Virgin Holidays and Eurostar, which will give large groups of 10 or more a 10% discount. The practice is also common among specialist tour ops that arrange skiing trips, walking holidays, biking tours, golf breaks and safaris. These specialists often allow the tour ‘leader’ or person who arranged the group booking to travel for free, as a thank you/incentive for organising the trip and to encourage them to arrange more in the future.

If you set up a group holiday for friends or family you could be rewarded for your effort by pocketing that discount yourself (agree it with your friends first of course).

Not only will the travelling be cheaper, you might then be eligible for cheaper entry into attractions, too. These may be museums, amusement parks etc. It’s essentially just another way of buying in bulk.

Earn cashback on your flight and hotel booking

The other easy way to make free money on your holiday is by paying for as much of your trip on a credit or debit card that pays you money back every time you spend.

A lot of bank cards are now de facto ‘reward cards’ that pay you every time you use your card to buy goods and services. Often this reward cash is a flat percentage rate, which you earn each time you use your card. Other banks may team up with specific companies, which often change on a monthly basis, and offer money back or extra money back each time you buy something with one of their partners that month.

Obviously, if you’re travelling abroad, the small fee you earn each time you spend will (usually) be offset by foreign transaction fees, but you could make a fair chunk of cheddar if you use a reward card to book flights, pay for a package holiday, or if you book hotels and other holiday essentials through a UK website before your trip begins.

How much can I receive in ‘cashback’?

With the Lloyds Cashback Mastercard you earn 0.25% cashback on up to £4,000 of annual spending and 0.5% on any spending over £4,000 a year, with no cap on how much you can earn.

If you were to pay for a £1,000 holiday at your local travel agent using your Lloyds bank card, your account would be credited between £2.50 and £5, depending on how much you spend on your card a year.

Other cards, like the American Express Platinum Cashback Everyday Card offer even more. For instance, you’ll get 5% cashback on the first £2,000 of spending in the first three months (up to a maximum of £100). After this expires, you’ll then earn 0.5% cashback on spending below £10,000 a year, and 1% cashback if you spend more that £10,000.

The account is free, and there is no limit on how much cashback you can earn in one year. However, you have to spend a minimum of £3,000 in one year to earn any cashback.

You will also get cashback for every friend you invite to join (up to £150).

Earn Avios points when you spend

Meanwhile, you could earn 5,000 bonus Avios points (to spend on future flights, hotel stays and car hire) when you spend over £1,000 in the first three months after taking out a British Airways American Express Credit Card.

You will also collect one Avios point for every £1 spent with this card. Rewards can add up quickly for those travelling or using a credit card frequently for business; you’ll need to collect 18,500 points to pay for a flight to Europe.

You can also get a free ‘Companion Voucher’ when you spend £12,000 each membership year on the card, which you can use to either take a companion with you on a flight, or if travelling solo, gives you a 50% discount on the Avios price you pay for your flight. Vouchers are redeemable when you book a British Airways, Iberia or Aer Lingus Reward Flight in Euro Traveller, World Traveller and economy class cabins only. Taxes, fees and carrier charges apply.