What Are the Best Cashback Credit Cards in Portugal? (2026)
The verdict for residents
Updated August 2026. Get the Cartão Universo+ at no annual fee. Cashback only pays if you never revolve: Portuguese card rates run near 18 to 19% TAEG, and one month of interest erases a year of rewards. Check where the rate actually applies: the supermarket co-brands pay their best rate inside their own store network.
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Which credit card is the best for residents?
★ Cashback pick
Cartão Universo+
Cashback fit 5 of 5. Strong for a resident who shops weekly at Continente
- Eligibility
- Portuguese IBAN required
Cards(1)
- Cartão Universo+Our pick hereFree
revolving credit / annual fee · 18.5% TAEG · above 1% abroad
Fees as of August 2026, verify on the issuer's price list.
More details
- Annual fee
- Free
- APR
APR
The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.
- 18.5% TAEG
- Cost abroad
- Above 1%
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Mastercard
- Portuguese IBAN
Portuguese IBAN
Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.
- Required
Best for cashback maximisers who want the safest yes.
Also great
Cetelem Black Plus
Cashback fit 5 of 5. The best all-round cashback with no annual fee for a resident, in the Portuguese market as of 2026
- Eligibility
- Portuguese IBAN required
Cards(3)
- Cetelem Black PlusOur pick hereFree
revolving credit / annual fee · 19% TAEG · above 1% abroad
- Cartão de Crédito Banco CTTFree
revolving credit / annual fee · 18.9% TAEG · above 1% abroad
- Cartão FNACFree
revolving credit / annual fee · 19% TAEG · above 1% abroad
Fees as of August 2026, verify on the issuer's price list.
More details
- Annual fee
- Free
- APR
APR
The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.
- 19% TAEG
- Cost abroad
- Above 1%
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Mastercard
- Portuguese IBAN
Portuguese IBAN
Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.
- Required
Best for cashback maximisers who need a different issuer.
Best value
Bankintercard Gold
Cashback fit 4 of 5. A good second cashback card with no standing fee
- Eligibility
- Portuguese IBAN required
Cards(3)
- Bankintercard GoldOur pick hereFree
revolving credit / annual fee · 19% TAEG · above 1% abroad
- Cartão Bankintercard FC PortoFree
revolving credit / annual fee · 18.8% TAEG · above 1% abroad
- Cartão de Crédito Bankinter GoldEUR 30.00/yr
revolving credit / annual fee · 19% TAEG · above 1% abroad
Fees as of August 2026, verify on the issuer's price list.
More details
- Annual fee
- Free
- APR
APR
The yearly cost of carrying a balance, interest plus fees (TAEG). It only bites if you do not repay in full, and it compounds fast.
- 19% TAEG
- Cost abroad
- Above 1%
- Network
Network
The card scheme that moves the payment: Visa, Mastercard, or American Express. It decides where the card is accepted, not who issues it.
- Visa
- Portuguese IBAN
Portuguese IBAN
Whether the product needs a bank account with a Portuguese (PT50) IBAN. Foreign-IBAN accounts are legal to use, but some billers still reject them.
- Required
Best for cashback maximisers who need a different issuer.
Compare two providers
Already down to two? Each comparison declares a winner on every criterion that decides the purchase.
Ranked by: Reward rate first, annual fee as the tie-break, both read from each card's own record. A high rate behind a high fee never outranks a lower free rate here.
What is ruled out, and why
A blocker is not a drawback. It is something that makes the card unobtainable for this reader, however good its terms are otherwise.
Blocked for this reader
What do you need to get a cashback card?
Every card we compared
View all 58 cardsThe full market overview: every card from every issuer with its annual fee, APR and cost abroad, filterable and re-rankable.How we compared these
Five criteria, weighted for this reader and published above, fixed before the fees were collected. Every fee comes from the issuer's own price list, dated in the catalogue. Of the 58 cards, 19 are obtainable by residents.
Sources: issuer price lists and Banco de Portugal, accessed 18 August 2026. Some links earn a commission at the same rate for every issuer, so no weighting favours a payer.
Frequently asked questions
Is cashback taxed in Portugal?
Cashback on your own spending is treated as a discount, not income. Card rewards terms can change per campaign; the record's access date is shown on each card.
Which is better, cashback or air miles?
If you fly rarely, cashback: it never expires and needs no programme. Miles only win for frequent flyers who redeem on flights they would buy anyway; see the travel cards page.
Do cashback cards charge higher interest?
The APR is set by the card, not the reward. Most Portuguese revolving cards sit near 18 to 19% TAEG regardless of rewards, so pay in full either way.
Community Q&A