No credit card reward is more flexible than cash. That’s why cash back credit cards are the favorite type of card for most people. Depending on where your purchasing dollars are spent each month, you might consider one or more of these credit cards that return some of your hard-earned cash back to you:
card_name – Why We Like It: The Blue Cash Everyday is maybe the best rewards credit card for grocery purchases with no annual fee, plus a rare 3% reward for general online purchases. EARN: 3% cash back on groceries at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 3% cash back on U.S. online retail purchases on up to $6,000 per year in purchases (then 1%), 3% cash back on gas at U.S. gas stations on up to $6,000 per year in purchases (then 1%), 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.
NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: bonus_miles_full card_name. American Express is a ProudMoney advertiser.
card_name – Why We Like It: Citi Custom Cash offers a no-brainer opportunity to earn 5% cash back in the everyday category you shop most each month, with no annual fee! EARN: 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter and on all other purchases. The 5% eligible categories are: Restaurants, gas stations, grocery stores, select travel, select transit, select streaming services, drugstores, home improvement stores, fitness clubs, live entertainment.
NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: bonus_miles_full
card_name – Why We Like It: Capital One SavorOne offers generous cash back in everyday categories where you are likely to be doing real spending, with no annual fee! Earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases.
EARLY SPEND BONUS: bonus_miles_full
card_name – Why We Like It: Citi Premier lets you earn 3% cash back on a ton of purchases PLUS take advantage of a HUGE bonus opportunity!
Earn: 3X/3% cash back at gas stations, PLUS 3X/3% at restaurants PLUS 3X/3% at supermarkets PLUS 3X/3% on air travel and hotels, and 1% on any other purchases. ALSO: Get $100 off a single hotel stay of $500 or more, excluding taxes and fees, when booked through thankyou.com (once per calendar year).
NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: bonus_miles_full Those points have a value of at least $600 in most cases. When a bonus offer is that big, a modest annual_fees annual fee makes sense to pay, especially when it comes with so many 3% categories that make this a useful “daily driver” credit card.
card_name – Why We Like It: Blue Cash Preferred lets you earn 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets (then 1%), 6% cash back on select U.S. streaming subscriptions, 3% cash back on transit purchases, 3% cash back at U.S. gas stations, 1% cash back on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. NEW CARDHOLDER WELCOME BONUS OPPORTUNITY: bonus_miles_full Annual fee: annual_fees card_name. American Express is a ProudMoney advertiser.
card_name – Why We Like It: Chase Freedom Unlimited offers good cash-back on everyday categories, and a nice “catch all” reward rate on other purchases, with no annual fee. Earn 5% on travel purchased through Chase Ultimate Rewards, 3% on dining at restaurants (including takeout and eligible delivery services), 3% on drugstore purchases, and 1.5% on all other purchases. INTRO OFFER FOR NEW CARDHOLDERS: bonus_miles_full 👀
card_name – Citi Double Cash has a simple, generous 2% cash back formula on all of your purchases, with no annual fee! EARN: 2% cash back on purchases: 1% when you buy and 1% as you pay — no categories to worry about, and no cap on the 2% cash back you can earn.
card_name – Why We Like It: The Capital One Quicksilver is the original “flat” cash back credit card, giving you 1.5% cash back on all of your card purchases, without the need to consider different purchase categories — just a simple 1.5% rebate across the board on purchases. No annual fee. New Cardholder Bonus Opportunity: bonus_miles_full.
card_name – Why We Like It: Costco credit card lets members earn 4% cash back on eligible gas worldwide, including gas at Costco, and EV charging purchases for the first $7,000 per year (1% on gas purchases beyond $7000/year), PLUS 3% cash back on restaurant purchases worldwide, PLUS 3% cash back on eligible travel purchases worldwide, PLUS 2% cash back on all other purchases from Costco and Costco.com, and then 1% on any other purchases. If you’re already paying to be a Costco member, it’s a no-brainer to get the Costco cash back credit card. (There’s no annual fee for the card itself, and it’s only available to Costco members.)
The Amazon Prime Visa & Amazon Visa – Regular Amazon.com buyers will appreciate Amazon’s cash back credit card, especially if you are an Amazon Prime member. Amazon Prime members earn 5% on Amazon and Whole Foods purchases, 2% at restaurants, 2% at gas stations, 2% on local transit and commuting, and 1% on all other purchases. If you’re not an Amazon Prime member, you’d get 3% in rewards at Amazon & Whole Foods instead of 5%. (All the other categories would be the same.) Rewards can be redeemed as cash back or used for future Amazon purchases, with other reward options, too. New Cardholder Bonus: Amazon Prime members get a $150 Amazon gift card loaded into your Amazon account when you are approved. Non-Prime cardholders get a $60 gift card once approved. (NOTE: As an Amazon Associate, we earn from qualifying purchases.)
Author: Adam Jusko