Cash back credit cards are an awesome way to get money back on the purchases you make everyday. Many cards will offer a flat rate of cash back for all purchases while others offer a higher rate for certain categories such as groceries, dining and shopping. We’ve listed the top 6 best cash back credit cards here
Discover It Cash Back
Credit score recommendation: Good to excellent (670-850)
Reward rates: Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more. 1% unlimited cash back on all other purchases automatically. Redeem your cash back at anytime. Rewards never expire.
Intro Bonus: Cashback Match is discovers promise to match back all cash back you’ve accumulated at the end of your first year. There’s no limit to how much is matched.
Annual fee: $0
APR rate: 0% APR for 14 months, 14.24%-25.24% onward
Chase Freedom Unlimited
Credit score recommendation: Good to excellent (670-850)
Reward rates: 3% cash back on all purchases in first year up to $20,000 spent. 1.5% unlimited cash back on all purchases after initial $20,000 spent in your first year. Rewards do not expire.
Intro bonus: double cash back – earn 3% cash back on all purchases in first year up to $20,000.
Annual fee: $0
APR rate: $0 APR for 15 months, 17.24%-25.99% onward
Bank of America Cash Rewards
Credit score recommendation: Good to excellent (670-850)
Reward rates: earn up to 3% cash back on gas or your choice of one of five popular categories (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases). Earn 2% at grocery stores and wholesale clubs. Earn 1% unlimited on all other purchases. No expiration on rewards.
Intro bonus: $200 online cash reward after you make at least $1,000 in purchases in the first 90 days of the account opening.
Annual fee: $0
APR rate: 0% for 12 billing cycles, 16.24%-26.24% onward
Citi Double Cash Card
Credit score recommendation: Good to excellent (670-850)
Reward rates: earn 2% cash back on purchases; 1% when you buy and 1% as you make payments for those purchases.
Intro bonus: No offer
Annual fee: $0
APR rate: 0% 18 months on Balance transfers, 15.74%-25.74% onward
Wells Fargo Cash Wise Visa Card
Credit score recommendation: Good to excellent (670-850)
Reward rates: 1.8% cash rewards on qualified mobile wallet purchases like Apply Pay or Google Pay during the first 12 months from the account opening. 1.5% unlimited cash rewards on all purchases.
Intro bonus: earn $200 cash bonus when spending 1,000 in the first 3 months
Annual fee: $0
APR rate: 0% APR for 12 months on purchases and balance transfers, 16.24%-28.24% onward
Blue Cash Preferred Card from American Express
Credit recommendation: Good to excellent (670-850)
Rewards rate: 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% back on select U.S. streaming subscriptions. 3% cash back on transit including taxis, ride share, parking, tolls, trains, buses and more. 3% cash back at U.S. gas stations and 1% cash back on other purchases.
Intro bonus: $250 credit statement after spending at least $1,000 in the first three months.
Annual fee: $95
APR rate: 0% APR for 12 months, 15.24%-26.24% onward
While these aren’t the only cash back reward cards by any means – these are some of the best options when it comes to getting cash back rewards. Keep in mind, for most cash back reward cards, you need to have a good credit score. There are many benefits to cash back rewards and we encourage you to pick the right one for you!