Apps With The Best Rewards: Top UK Fintech Apps Reviewed
Apps With The Best Rewards: Top UK Fintech Apps Reviewed
Gone are the days when your current account simply held your money. Today, fintech apps are battling for your attention by offering some of the most lucrative rewards on the market. Whether you are looking for cashback on your everyday spending, high-yield interest on your savings, or generous sign-up bonuses, the digital banking revolution has transformed how we earn while we spend. If you are searching for apps with the best rewards, you have come to the right place. In this comprehensive guide, we will review the top UK fintech apps, including Chase UK, Monzo, Revolut, and Trading212, to help you decide which platform deserves a spot on your smartphone.
Chase UK: The Cashback King
Chase UK has quickly established itself as a formidable contender in the UK banking space, primarily due to its incredibly generous cashback offering. When you open a Chase current account, you are instantly eligible for 1% cashback on almost all your everyday debit card spending. This is a standout feature in the UK market, where most traditional banks offer nothing of the sort. The cashback is capped at £15 per month, but over a year, that equates to £180 of essentially free money just for using the card for groceries, petrol, and utility bills.
Furthermore, Chase UK offers a round-up feature that puts your spare change into a separate account offering an impressive interest rate, currently sitting around 5% AER. They also frequently run seasonal promotions, such as 5% cashback on specific retailers, making it one of the apps with the best rewards for everyday spenders. The app itself is clean, intuitive, and backed by JP Morgan, providing a high level of security and trust. If your primary goal is to get paid for the spending you are already doing, Chase UK is exceptionally hard to beat. You can easily sign up and start earning today via /go/revolut.
Monzo: Savings, Travel, and Retail Perks
Monzo is often celebrated for its bright coral cards and user-friendly interface, but it also packs a punch when it comes to rewards. While Monzo does not offer a blanket cashback scheme like Chase, it excels in other areas, particularly through its paid subscription tiers: Monzo Plus and Monzo Premium. Subscribers to Monzo Plus get access to high-interest savings pots and cashback at selected major retailers. However, even on the free tier, Monzo users can benefit from ‘Monzo Pots’ which allow you to segregate your money and earn interest at highly competitive rates.
Monzo frequently partners with brands to offer exclusive discounts and sign-up bonuses for its users. Another major reward aspect of Monzo is its fee-free spending abroad. If you are a frequent traveller, saving on foreign transaction fees and ATM withdrawal charges is a massive financial perk. Monzo also has an excellent referral programme, rewarding both the existing user and the new user with cash bonuses when the new account is opened and a payment is made. For those who value a mix of travel perks, savings interest, and occasional retail cashback, Monzo remains one of the premier apps with the best rewards in the UK. Claim your Monzo sign-up bonus by joining through /go/revolut.
Revolut: Crypto, Cashback, and Lifestyle Rewards
Revolut started as a multi-currency travel card but has evolved into a financial super-app. When evaluating apps with the best rewards, Revolut’s tiered subscription model (Standard, Plus, Premium, Metal, and Ultra) offers a sliding scale of perks. The higher tiers, such as Metal and Ultra, offer cashback on spending, though it is important to note that this cashback is often capped and paid out in the form of fiat currency added to your account.
Where Revolut truly shines is its lifestyle rewards. Premium and above users get complimentary lounge passes, free international money transfers, and exclusive discounts on partner brands. Revolut also integrates a robust crypto and stock trading platform, allowing users to earn rewards through market participation. Furthermore, Revolut frequently runs ‘Learn and Earn’ campaigns, where users are rewarded with cryptocurrency simply for completing short educational modules about various coins and blockchain technology. This is a fantastic, risk-free way to build a crypto portfolio. The app also features a ‘Rewards’ hub where you can earn cashback by completing surveys or subscribing to services. If you want an all-in-one app that combines financial services with lifestyle perks and educational crypto rewards, Revolut is a top-tier choice. Explore Revolut’s reward tiers and sign up via /go/revolut.
Trading212: Investment Rewards and High Interest
When people think of rewards, they often think of cashback. However, for the financially savvy, passive income through investing is the ultimate reward. Trading212 is an investment app that offers some of the best rewards in the UK for those looking to grow their wealth. One of its most celebrated features is its high interest rate on uninvested cash. Trading212 pays a highly competitive interest rate (currently up to 4.2% AER) on the money sitting in your account that you haven’t yet invested. This means your idle cash is constantly working for you.
Additionally, Trading212 offers an excellent dividend reinvestment feature. If you invest in dividend-paying stocks or ETFs, the app automatically reinvests your dividends back into the asset, compounding your returns over time without any manual effort. The platform is completely commission-free, which saves you money on every trade—effectively a reward in itself. Trading212 also has a highly lucrative referral programme. If you invite a friend and they fund their account, both of you receive a free fractional share worth up to £100. This makes it one of the most generous sign-up rewards available in the fintech space. For investors, Trading212 is undoubtedly one of the apps with the best rewards. Start earning interest on your uninvested cash and claim your free share at /go/revolut.
Kroo and Starling: Honorable Mentions
While the heavyweights often dominate the conversation, it is worth looking at other apps with the best rewards to ensure you are getting the optimal deal. Kroo Bank is a relatively new digital bank that has made waves by offering a market-leading interest rate on its current account. Instead of forcing you to move money into separate savings pots, Kroo pays a highly competitive interest rate (currently around 4.35% AER) directly on your current account balance, up to a certain limit. This is a brilliant, frictionless reward for keeping your money in one place.
On the other hand, Starling Bank, a long-time favourite, doesn’t offer a traditional cashback scheme, but its rewards come in the form of zero fees for overseas spending and a highly intuitive savings marketplace. Starling also offers ‘Connected’ cards, allowing you to share a debit card with a trusted partner or carer, a unique feature that adds immense practical value. Starling frequently wins awards for customer service, making the overall banking experience rewarding in its own right. If your priority is earning high interest on your everyday balance without lifting a finger, Kroo is an exceptional choice. Both Kroo and Starling represent excellent alternatives depending on whether you value raw interest rates or frictionless travel and budgeting tools. You can explore Kroo’s high-interest current account at /go/revolut.
How to Choose the Right Rewards App for You
Choosing between the apps with the best rewards ultimately depends on your personal financial habits. If you are a heavy everyday spender who buys groceries, petrol, and pays bills on your debit card, Chase UK’s 1% cashback is the most straightforward and lucrative option. You earn money on money you were going to spend anyway. If you travel frequently and want to avoid foreign exchange fees while earning some retail cashback and high interest on savings pots, Monzo is a fantastic fit.
For those who want a comprehensive financial hub that includes crypto, stocks, travel insurance, and lifestyle perks, Revolut’s paid tiers offer excellent value, provided you will actually use the benefits to offset the monthly subscription fee. Finally, if your goal is long-term wealth building and you want your idle cash to earn high interest while you decide what to invest in, Trading212 is the clear winner.
Many users actually combine these apps—using Chase for daily cashback, Monzo for travel, and Trading212 for investing. By diversifying your fintech stack, you can maximise the rewards you earn across all aspects of your financial life. Make sure to review the terms and conditions of any sign-up bonuses and use the affiliate links provided to get started.
Comparison at a glance
| Product | Type | Fees | Best For | Rating | Key Feature |
|---|---|---|---|---|---|
| Chase UK | Current Account | None | Everyday spenders | 4.8/5 | 1% cashback on all spending |
| Monzo | Current Account | Free tier available | Travellers & savers | 4.7/5 | Fee-free abroad & high-interest pots |
| Revolut | Financial Super-App | Free to £45/mo | Crypto & lifestyle perks | 4.5/5 | ‘Learn and Earn’ crypto rewards |
| Trading212 | Investment App | Commission-free | Investors | 4.6/5 | 4.2% AER on uninvested cash |
| Kroo | Current Account | None | High interest seekers | 4.4/5 | 4.35% AER on current balance |
Frequently asked questions
Which app gives the best cashback in the UK?
Chase UK currently offers the best straightforward cashback in the UK, providing 1% cashback on almost all everyday debit card spending, capped at £15 per month.
Are fintech reward apps safe to use?
Yes, most reputable UK fintech apps like Chase, Monzo, and Starling are fully regulated by the Financial Conduct Authority (FCA) and offer Financial Services Compensation Scheme (FSCS) protection up to £85,000.
Does Monzo offer cashback on spending?
Monzo does not offer blanket cashback on its free tier, but Monzo Plus and Monzo Premium subscribers can access cashback at selected major retailers.
Can I earn interest on uninvested cash with Trading212?
Yes, Trading212 currently pays a highly competitive interest rate of up to 4.2% AER on uninvested cash, paid daily, making it an excellent place to hold funds before investing.
How do I claim sign-up bonuses for these apps?
You can claim sign-up bonuses and free shares by using the affiliate links (/go/revolut) provided throughout this article to open and fund your new account.
💰 Ready to start earning cashback, high interest, and free shares? Click the links above to sign up for the apps with the best rewards and claim your exclusive welcome bonuses today.
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