Best Cash Back Credit Cards – Being able to get paid back for the things that you buy everyday is what most card owners dream of, and the cards that make this dream come true are the best cash back credit cards.
Most of these cash back credit cards offer a flat cash back for all purchases, while others offer higher cash back across rotating categories such as dining, groceries, and shopping.
Spending on cash back credit cards rewards you back either in pure cash back or points which you can convert into vouchers for shops, airlines, hotels etc.
How Cash Back Credit Cards Work
Cash back credit cards rewards you for using your card for purchases with bonuses/cash back. But be it as it may, you have to careful with your card usage to avoid losing out when you should actually be gaining.
Here is a list of our narrowed down cash back credit cards, to help you find a card that matches your spending habits. In no particular order, we present to you the top cash back credit cards.
Discover It® Cash Back
Discover it® cash back credit card is a rewards credit card that offers Cashback Match™ without an annual fee. It rewards you on everyday purchases be it at grocery stores, restaurants, gas stations, select rideshares as well as online shopping.
Rewards Rate
Enjoy 5% cash back on everyday purchases at different places each quarter, such as grocery stores, restaurants, gas stations, select rideshares as well as online shopping, up to the quarterly maximum as you activate.
Earn and enjoy 1% unlimited cash back on all other purchases – instantly.
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Discover matches all the cash you’ve earned at the end of your first year, instantly, and there’s no signing up, neither is there a limit to how much is matched.
Redeem cash back at any amount, at any time and best of all, the rewards do not expire.
Make use of your rewards at Amazon.com checkout.
Receive an alert if Discover finds your Social Security Number on any of thousands of Dark web sites. You can activate this feature for free.
What Fees Apply?
Annual Fee – $0
Regular APR – 13.49% – 24.49% variable
Intro Purchase APR – 0% for 14 months
Intro Balance Transfers APR – 0% for 14 months.
Citi® Double Cash Card
Citi® Double Cash Card, enables you earn twice cash back on every purchase with unlimited 1% cash back as you purchase without an annual fee, which makes it a great pick for reward lovers.
Rewards Rate
Earn and enjoy cash back twice. Offers 2% on every purchase with unlimited 1% cash back as you purchase, with an additional 1% as you make payments for those purchases.
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Pay at least the minimum due on time, to earn cash back.
The balance transfer offer is at 0% intro APR on Balance Transfers for 18 months, thereafter, the variable APR will be 14.99% – 24.99%, depending on your creditworthiness.
Note, balance transfers do not earn cash back.
Once you transfer a balance, interest will be charged on your purchases except you pay your entire balance (including balance transfers) at the due date each.
Balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater applies.
The standard variable APR for Citi Flex Plan is at 14.99% – 24.99% based on your credit worthiness.
What Fees Apply?
Annual Fee – $0
Intro Purchase APR – N/A
Regular APR – 14.99% – 24.99% (Variable)
Intro Balance Transfers APR – 0% intro for 18 months on Balance Transfers.
Bank of America® Cash Rewards Credit Card
Bank of America® Cash Rewards Credit Card, is a unique card that offers rewards bonus and cash back in the category of your choice.
Rewards Rate
Offers 3% cash back in the category of your choice.
There’s an offer of 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases).
There’s also unlimited 1% on all other purchases.
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Offers $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Rewards do not expire
As a Preferred Rewards member, you can earn 25% – 75% more cash back on every purchase.
0% introductory APR for 15 billing cycles for purchases, as well as for any balance transfers made in the first 60 days. As the intro APR offer comes to an end, 15.49% – 25.49% Variable APR will apply. Also a 3% fee (min $10) applies to all balance transfers.
What Fees Apply?
Annual Fee – $0
Intro Purchase APR – 0% Introductory APR on purchases for 15 billing cycles.
Regular APR – 15.49% – 25.49% Variable APR on purchases and balance transfers
Intro Balance Transfers APR – 0% intro APR for 15 billing cycles for any balance transfers made in the first 60 days.