You could pocket hundreds of dollars each year by using the right cash back card.
Cash back cards usually come in 3 varieties.
- Flat Rate Cash Back Cards – These cards pay the same on everything, like unlimited 1.5% cashback. Best for people who like to keep it simple and not keep track of rotating categories.
- Bonus Category Cash Back Cards – These cards pay a higher rate in categories that usually change every 3 months. Best for people who like to maximize their cash back and shop at many places.
- Tiered Cash Back Cards – These cards pay higher rates on categories that stay the same throughout the year, like gas or groceries and 1% on everything else.
Take a look at our picks for best cash back credit cards and easily apply for the one that makes the most sense for you now.
Capital One® Quicksilver® Cash Rewards Credit Card
The Capital One® Quicksilver® Cash Rewards Credit Card makes earning cash back easy with a generous unlimited 1.5% Cash Back on every purchase, every day and a one-time $150 Cash Back after you spend $500 on purchases within 3 months from account opening. This card can also help you avoid high interest rates with an APR of 0% intro on purchases for 15 months.
We love this card because it takes the hassle out of earning cash back – there are no rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn. With the lucrative combo of 0% intro APR and cash back rewards on purchases, this card might be the perfect fit to help you save big. And to top it off, there is no annual fee.
Citi® Double Cash Card – 18 month BT offer
When it comes to cash back cards, the Citi® Double Cash Card – 18 month BT offer is truly one of a kind – it's the only card that allows you to earn cash back twice. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. There are no limits to how much cash back you can earn and your cash back won't expire.
The Citi® Double Cash Card – 18 month BT offer is the perfect option for any consumers who don't want to have to put any extra thought into their credit card rewards. There's no rotating categories and no special bonuses on certain spending. You simply earn the same flat-rate of 2% no matter what you are purchasing. This card even comes with a top-tier intro APR on balance transfers: 0% for 18 months on Balance Transfers. If you're paying a high interest rate on your current credit card, that intro period can help you escape those pesky interest charges.
Blue Cash Preferred® Card from American Express
The Blue Cash Preferred® Card from American Express is a tiered rewards card specifically designed for consumers who spend a lot of money on groceries and gas purchases. Cardholders receive 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions. 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more. 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases.
In addition to the stellar rewards rate, cardholders can kickstart your cash back earnings and earn a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. There is a $95 annual fee associated with this card, but that's pretty easy to justify when you consider all the cash back it offers. To top it off, there is an intro APR of 0% on purchases for 12 months .
American Express Cash Magnet® Card – $150 Welcome Offer
Keep more of your hard-earned money with unlimited 1.5% Cash Back on your purchases with the American Express Cash Magnet® Card – $150 Welcome Offer. American Express makes earning cash back easy – no more worrying about rotating categories or having to sign up to earn bonus rewards. New cardholders can also kickstart their cash rewards and earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months.
But it doesn't stop there, you can also use the American Express Cash Magnet® Card – $150 Welcome Offer to get out from under steep interest rates with an intro APR of 0% on purchases for 15 months. And did we mention that the American Express Cash Magnet® Card – $150 Welcome Offer comes with no annual fee? There's a lot to love with this powerful piece of plastic!
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