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The 7 Best Cash Back Credit Cards

Opt for a card that rewards your most common purchases, or earn a little extra dough on everything.
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One of the most valuable features of a credit card can be its rewards program. Cash back credit cards are among the most popular because they can help you earn hundreds — even thousands — of dollars on purchases you'd make anyway.

We've rounded up a selection of seven great cash back credit cards to help you pick the right one for your needs.

3 Questions to Ask Before You Choose a Card

It's important to choose the right card for you. For instance, the value of your cash back rewards will be significantly reduced if you can't pay off the balance each month. You'll also need to calculate any fees and weigh them against the potential cash back you'll earn.

Before applying for any cash back card, ask yourself these questions:

  • Does most of your spending fall into a category like gas or groceries? Opt for a card that rewards your shopping habits. (Note that some cards have rotating categories.)
  • Do you make lots of purchases abroad? Look for a card with lower foreign transaction fees.
  • Would you prefer a flat-rate cash back credit card? Some cards award points on every purchase.

7 Great Credit Cards for Earning Cash Back

Cash Back credit cards

Chase Freedom Unlimited

Fees: No annual fee; 3% foreign transaction fee

APR: 0% Intro APR for 15 months on purchases and balance transfers; then a variable APR of 16.24% to 24.99%

Sign-Up Bonus: Earn a $150 bonus after spending $500 on purchases in the first three months from account opening.

Benefits and Rewards: With this card, you'll earn unlimited 1.5% cash back on every purchase. There's no minimum to redeem for cash back, and as long as your account's open, Cash Back rewards don't expire.


Citi Double Cash Card

Fees: No annual fee; 3% foreign transaction fee

APR: 0% Intro APR on balance transfers for 18 months when transfer is completed within four months of opening the account; then 14.74% to 24.74%

Sign-Up Bonus: No new cardholder bonus.

Benefits and Rewards: Earn 1% cash back when you use your card to pay for purchases, and then earn an additional 1% cash back when you pay off the purchases on your card.


Discover it Card

Fees: No annual fee; no foreign transaction fee

APR: 0% Intro APR for purchases and balance transfers for 14 months; then 13.24% to 24.24%

Sign-Up Bonus: At the end of your first year, Discover will match the cash back you've earned.

Benefits and Rewards: This card awards 5% cash back in different categories each quarter (up to $1,500 in purchases). All other purchases earn an unlimited 1% cash back. The card includes a free FICO score and a Freeze it feature if your card is lost or stolen.


Cash Back credit cards

Bank of America Cash Rewards

Fees: No annual fee; 3% foreign transaction fee

APR: 0% introductory APR for 12 billing cycles for purchases and for balance transfers made in the first 60 days; then a variable APR of 14.49% to 24.49%

Sign-Up Bonus: Earn a $150 online cash rewards bonus after spending $500 on purchases in the first 90 days of account opening.

Benefits and Rewards: This card awards 3% cash back on gas, 2% at grocery stores and wholesale clubs (for the first $2,500 in combined grocery, wholesale club, and gas purchases each quarter), and 1% cash back on other purchases. Categories don't change, and there's no expiration on rewards. Cardholders also get a 10% bonus when they redeem their cash back into a Bank of America checking or savings account. Preferred Rewards clients can increase that bonus to 25% to 75%.


PenFed Platinum Rewards Visa Signature

Fees: No annual fee; no foreign transaction fee

APR: 0% Intro APR for 12 months on balance transfers made between January 1, 2018, and March 31, 2018; then 9.99% to 17.99% for balance transfers and purchases

Sign-Up Bonus: Earn a $100 statement credit after spending $1,500 in the first 90 days.

Benefits and Rewards: Earn 5X points on gas, 3X points at supermarkets, and 1X points on other purchases. You can redeem your points for gift cards, travel, and shopping rewards.


Blue Cash Preferred Card From American Express

Fees: $95 annual fee; 2.7% foreign transaction fee

APR: 0% Intro APR for purchases and balance transfers for 12 months; then 14.24% to 25.24%

Sign-Up Bonus: Earn a $200 statement credit after spending $1,000 on purchases within the first three months.

Benefits and Rewards: Earn 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases) and 3% cash back at U.S. gas stations and select U.S. department stores. Plus, other eligible purchases earn 1% cash back.


Quicksilver From Capital One

Fees: No annual fee; no foreign transaction fee

APR: 0% Intro APR on purchases and balance transfers for 9 months; then 14.24% to 24.24%

Sign-Up Bonus: Earn a $150 cash bonus after spending $500 on purchases within the first three months of opening your account.

Benefits and Rewards: This card awards an unlimited flat rate of 1.5% cash back on all purchases, without any rotating categories. You also get a 50% statement credit when you use this card to pay for your monthly Spotify Premium subscription.

Readers, what credit cards do you use for cash back? Tell us in the comments below!


Contributing Writer

Christina Majaski is a freelance writer and mom of daughter Chloe and dog Monty in Central Minnesota. She has covered social media, personal finance, law, business, and travel for various online and print publications since 2003. You can read her work online at Wise Bread, Digital Trends, PayScale, and many others.
DealNews may be compensated by companies mentioned in this article. Please note that, although prices sometimes fluctuate or expire unexpectedly, all products and deals mentioned in this feature were available at the lowest total price we could find at the time of publication (unless otherwise specified).
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8 comments
smtips
I've had cash back cards from 2 different places (Citi and Chase) and the amount of management you have to do to make sure they aren't making mistakes, and they make a LOT OF MISTAKES, isn't worth the time and effort. Stay with the paypal card or something that just gives you a flat cash back 2%, forget all those convoluted "only on this or that" rewards and for heaven's sake don't EVER bother with the ridiculous points cards, they are the WORST. You will be spending 30 minutes a week PLUS a lot of time on the phone calling the card company when they mess it up.
smtips
Yeah 2% on everything is a better deal than anything posted here. Wow, do some actual research lol
fiscallyresponsible
Paypal MC 2% on all purchases
lintobean
Fidelity Visa 2% cash back on everything: https://www.fidelity.com/...nt/visa-signature-card

Paypal Mastercard 2% cash back on everything: https://www.paypal.com/...ent-cash-back-mastercard
USAFvet
USAA limitless, 2.5% cash back on everything. Can't be beat!
phamvince
2% cash back with Citi Double Cash
https://www.citi.com/...t-card~4T5ZMDD7Z1C2L10203W
GeoC
I like and use PenFed, but you do not get full value cash back when you redeem your points. That's a factor you should consider.
ski522
You missed Paypal Mastercard, 2% cash back on all purchases!