Best Cashback Rewards Credit Cards
Cash Back credit cards that allow cardholders to earn cash back rewards on their purchases. These cashback rewards cards offer up to 5% cashback! Review and compare Cash Back Rewards card offers side by side and fill out an online credit card application today.
Editor’s Choice – Chase Freedom Cashback Card
The Chase Freedom Cashback Card is currently the best cashback credit card offer available. Chase is running a limited time offer for $200 cashback after spending just $500 in the first 3 months! On top of that the Chase Freedom card gives you 5% cash back on $1500 spent on select rotating categories, such as gas, travel, groceries, home improvement, movies and more. The card also features 1% cashback on all other purchases. You can also get up to 10% cash back on select merchants by shopping through the Chase website.
There is no annual fee for this card, and cashback rewards never expire. If you do your banking with chase you can have your cashback deposited directly into your Chase checking account. Otherwise you can request a check, or get points bonuses by spending points in the Chase Ultimate Rewards program. Apply for Chase Freedom Visa and get the $200 bonus today!
American Express Costco Card
American Express and Costco have partnered to bring you the AMEX Costco True Earnings Card. This card has a tiered cashback system, with 3% cashback on gasoline purchases (up to 3,000 annually), 2% cashback on travel and restaurants, and 1% rebate on all other purchases. Aside from gasoline, there’s an unlimited amount of cashback you can earn with this card. Rather than make you go through a complicated process to get your cash back, TrueEarnings issues a cash rebate coupon each year. You simply take this rebate coupon to your local Costco, where you’ll be able to choose between redeeming the coupon for cash or apply it to a Costco purchase.
There is no annual fee for this card, but you must be a member at Costco which is $50 per year. If you aren’t a Costco member you can sign up for the card during the application process.
Unlike many other credit cards with cash rewards, this card comes equipped with notable American Express benefits, such as extended warranty on purchases, no liability for fraudulent transactions/charges, auto rental insurance, and up to $100,000 in travel accident insurance. If you are a frequent visitor of Costco, apply for this card today!
American Express Blue Cash Everyday Card
American Express’s Blue Cash Everyday Card is a good cashback rewards card for everyday use. This card features 3% cashback for supermarket spending, 2% cashback for gas stations and department stores, and 1% cashback for all other purchases. There is no limit on the amount of cashback you can earn. It makes sense to get this card if you spend
The Blue Cash Everyday Card from American Express is a cash rewards card designed for those with good or excellent credit. You can get 0% APR on purchases for either 6 months or 12 months, depending on your credit worthiness. There is no annual fee. Apply today!
Get Cash Rebates with All Credit Card Purchases
Cash back credit cards provide cardholders with cash rebates or rewards, usually a % of the amount that you spend, to cardholders for making purchases with their credit cards. A cardholder has the ability to accumulate significant rebates over time based on the dollar amount of purchases made with the top cashback credit card offers.
Cashback credit cards are best for users that do not carry monthly balances. This is because Cashback cards generally have higher APRs than standard cards, and if you carry a monthly balance the higher interest rate usually more than offset the amount you get back in rebates. You will end up paying the rebate back and more to the credit card company. Use cashback cards only if you are very diligent about paying down your balance on time every month. If you maintain a monthly balance, it makes more sense to apply for a low interest credit card.
A 5% cash back is equivalent to a 5% discount on your purchases. If you use a cash back credit card for most of your purchases and routine expenditures, that can turn into significant savings over the course of the year. You can also get additional cards for family members, so that you get cashback on all your household expenditures.
In some cases, you don’t earn the full cash back on your charges until after a certain amount of expenditures. Other cards put a limit on the maximum earnings you can accumulate in a year. The rewards on your cash back credit card may also expire after a certain number of months, or if you don’t use your card for a period of time. The way your earnings are redeemed also varies from card to card. Read the terms of the card you apply for and make a note of the most important terms and conditions.
Visit our business rewards credit cards section for the best rewards cards for small businesses.