Cash Back Credit Cards
One of the most popular rewards that people like to earn with their credit cards is cash back. What’s not to like? Every time you use the card you get back a percentage of that money spent. There are several cash back credit cards available online, but not all are very good offers. We have done much of the research for you and have created a list of the Top 5 that we feel offer the greatest overall value to consumers. To determine our rankings we took into account the interest rates, if there was an annual fee or not, the amount of cash back being offered, and if there were any special promotions.
The banks are very competitive right now and that is a good thing for consumers. The cash back credit card offers that they have made available are the best in years. Some of these cards are even offering an additional bonus once you have spent a certain amount of money on the card. Please review our Top 5 Cash Back Cards list and select the card that is right for you.
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Citi® Dividend Platinum Select® Visa® Card |
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- $100 cash back after $500 in purchases within the first 3 months of account opening
- 0% Intro APR on Balance Transfers and Purchases for 12 months. After that, the APR will be 12.99%-22.99% variable based on your creditworthiness*
- Earn 5% cash back at The Home Depot and on Home Furnishing and Home & Garden purchases from 4/1/12 to 6/30/12 when you enroll.
- Each quarter, you can enroll to earn additional cash back in popular categories.
- Full 1% cash back on all other purchases and eligible cash advances.
- No annual fee*
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Intro Purchase APR
See Terms* |
Intro Balance Trans. APR
See Terms* |
APR
See Terms* |
Annual Fee
See Terms* |
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Discover® More® Card |
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- 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 10.99% – 20.99%*
- 0% intro APR on balance transfers for 18 months, then the variable standard purchase APR of 10.99% – 20.99%*
- 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Limitations apply*
- Discover is ranked #1 in customer loyalty–16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
- 24/7 access to a U.S.-based Account Manager within 60 seconds
- $0 Fraud Liability plus automatic mobile and email fraud alert options
- Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
- *Click apply to view rates, fees, rewards, limitations and other important information
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Intro Purchase APR
0% for 6 months* |
Intro Balance Trans. APR
0% for 18 months* |
APR
10.99% – 20.99% (Variable)* |
Annual Fee
$0* |
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Blue Cash Everyday(SM) Card from American Express |
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- Earn $100 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership
- 0% intro APR on purchases for 12 months, flexibility to pay over time
- Get 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% cash back on all other purchases
- No spend minimum, No enrollment, and No rotating rewards categories
- Get a $25 Referral Bonus for each friend or family member who is approved for the Card
- No annual fee, flexibility to pay over time
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Intro Purchase APR
0% on purchases for 12 months |
Intro Balance Trans. APR
N/A* |
APR
17.24% – 22.24% Variable* |
Annual Fee
$0 |
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Capital One® Cash Rewards – Excellent Credit
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- $100 Bonus after you spend $500 in the first 3 months
- 50% bonus on the cash back you earn every year
- 1% cash back on all purchases
- No annual fee
- Earn unlimited cash rewards that don’t expire
- Redeem cash rewards anytime for any amount, even set up automatic redemption
- Personalize your card with an image of your choice
- 0% intro APR on purchases and balance transfers until May 2013.
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Intro Purchase APR
0% APR until May 2013* |
Intro Balance Trans. APR
0% APR until May 2013* |
APR
12.99% – 20.99% (V)* |
Annual Fee
$0* |
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Discover® More® Card |
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- 0% intro APR on purchases and balance transfers for 15 months, then the variable standard purchase APR of 10.99% – 20.99%*
- 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Limitations apply*
- Up to 20% Cashback Bonus at popular retailers when you shop online through Discover.com
- Discover is ranked #1 in customer loyalty–16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
- 24/7 access to a U.S.-based Account Manager within 60 seconds
- $0 Fraud Liability plus automatic mobile and email fraud alert options
- Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
- *Click apply to view rates, fees, rewards, limitations and other important information
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Intro Purchase APR
0% for 15 months* |
Intro Balance Trans. APR
0% for 15 months* |
APR
10.99% – 20.99% (Variable)* |
Annual Fee
$0 |
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Citi ThankYou® Preferred Rewards Card – $250 in Gift Cards |
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- $250 in gift cards – When you redeem the 25,000 bonus ThankYou® Points received after $2,000 in purchases within 4 months of account opening
- Earn 1 point for every $1 you spend on all purchases
- Receive an anniversary bonus every year you’re a cardmember
- No expiration and no limit on the points you can earn
- Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more
- No annual fee*
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Intro Purchase APR
N/A* |
Intro Balance Trans. APR
N/A* |
APR
12.99% – 22.99% (Variable)* |
Annual Fee
$0 |
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Chase Freedom® Visa |
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- This offer is for people with a good to excellent credit history which means, among other things, that your credit history is clear of bankruptcy and seriously delinquent accounts
- Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months
- 0% Intro APR for 15 months on purchases and balance transfers
- 5% Cash Back on up to $1,500 spent at grocery stores and movie theaters from 4/1/12 – 6/30/12
- You’ll enjoy new 5% categories every 3 months like gas stations, restaurants and even airlines. It’s free and easy to activate your bonus each quarter!
- Unlimited 1% Cash Back on all other purchases
- Up to an additional 10% Cash Back when you shop online at select merchants through Chase. No annual fee and rewards never expire
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Intro Purchase APR
0% for 15 months* |
Intro Balance Trans. APR
0% for 15 months* |
APR
12.99% – 22.99% Variable* |
Annual Fee
$0* |
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Discover® Open Road Card |
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- 0% intro APR on purchases and balance transfers for 15 months, then the variable standard purchase APR of 10.99% – 19.99%*
- 2% automatically at gas stations and restaurants all year long*
- Plus, up to 20% Cashback Bonus at popular online retailers when you shop through Discover.com
- Discover is ranked #1 in customer loyalty–16 years in a row! (2012 Brand Keys Customer Loyalty Engagement Index report)
- 24/7 access to a U.S.-based Account Manager within 60 seconds
- Great rewards with no annual fee, no rewards redemption fee, and no additional card fee
- *Click apply to view rates, fees, rewards, limitations and other important information
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Intro Purchase APR
0% for 15 months* |
Intro Balance Trans. APR
0% for 15 months* |
APR
10.99%-19.99%*(Variable) |
Annual Fee
$0* |
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TrueEarnings(R) Card from Costco and American Express |
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- American Express(R) Card and Costco Membership Card in one – with no annual fee for Costco members
- Cash back on the things you buy: 3% for the first $3,000 in annual gasoline purchases (1% thereafter), 2% for restaurants, 2% for travel, and 1% everywhere else, including Costco
- Rated 4.5 out of 5 stars in overall satisfaction by current TrueEarnings(R) Cardmembers from Costco and American Express
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Intro Purchase APR
0% for 6 months* |
Intro Balance Trans. APR
N/A* |
APR
15.24%*(Variable) |
Annual Fee
$0* |
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Capital One® Cash Rewards for Newcomers |
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- A card designed to help those new to the U.S. establish credit and earn cash back
- Build credit with automatic reporting to the three major credit bureaus
- Get 2% cash back on travel purchases
- Earn 1% cash back on all other purchases
- No foreign transaction fees
- No annual fee
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Intro Purchase APR
N/A* |
Intro Balance Trans. APR
N/A* |
APR
24.99%*(Variable) |
Annual Fee
$0* |
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Best Cash Back Credit Card
With so many choices available, it can be hard to be sure that you are applying for the best card. Cash back has long been a favorite reward for many consumers. People are in love with the concept of earning cash which is why this type of reward with a credit card has been so popular. With that being said, we set out to create a listing of the best cash back credit cards that are available online. We took several things into consideration before we developed the rankings above. Due to the fact that there are several credit cards on the market that offer a wide range of rewards including cash back, we only chose cards that had cash as their primary reward. Introductory rates on purchases and balance transfers, on-going interest rates, and annual fees were also considered.
Cash Bonus Reward Offers for Applying
A newer feature available with some cards are the additional bonus cash being offered once you have spent a certain amount of money after you have received the card. We have found this to be a great way for the issuing banks to entice new cardholders to give their card a try. This is great for consumers because the spend amount needed to receive a $100 bonus is about $500 over a 3 month period. Most people can spend more than that with grocery purchases in 3 months. The type of consumer that usually applies for this type of card is a deal seeker. These bonuses are truly a great deal for making purchases that you would be making everyday.
2% - 5% Cash Back Credit Cards
You will be hard pressed to find a card that will offer you 2% - 5% cash back rebates on all purchases uncapped. The vast majority of offers are for a straight 1% earnings rate. There are now some really good products that are offering as high as 5%, but they are limited to certain purchasing categories. Those categories are usually groceries and gasoline, but some may offer them on home improvement, fitness, healthcare, and travel. Be aware that there is usually a limit on how much you can earn within a certain category within a certain time period. It is best to read the terms on the application if this is an important factor in deciding which card you want to apply for. When we determined our rankings we took the additional earnings into account, but ranked based on overall quality of the card.
