Best Cash-Back Credit Cards

Best Cash-Back Credit Cards. As of my last training cut-off in January 2023, here are some popular cash-back credit cards that were available in the U.S. market. Please note that offerings and terms can change over time, so it’s always a good idea to check the issuer’s website or contact them directly for the most up-to-date information.

Best Cash-Back Credit Cards

1. Citi® Double Cash Card:
   • Cash Back: Earn 1% when you buy and another 1% when you pay off those purchases.
   • Annual Fee: $0
   • Intro APR: Often has promotional offers.
2. Chase Freedom Flex℠:
   • Cash Back: 5% on up to $1,500 in combined purchases in bonus categories each quarter, 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases.
   • Annual Fee: $0
   • Intro APR: Often has promotional offers, including an introductory bonus.
3. Discover it® Cash Back:
   • Cash Back: 5% in rotating quarterly categories on up to $1,500 in purchases each quarter (when activated), and 1% on all other purchases.
   • Annual Fee: $0
   • Intro APR: Often has promotional offers, including an introductory cashback match at the end of the first year.
4. Capital One Quicksilver Cash Rewards Credit Card:
   • Cash Back: 1.5% on every purchase.
   • Annual Fee: $0
   • Intro APR: Often has promotional offers, including an introductory bonus.
5. Blue Cash Preferred® Card from American Express:
   • Cash Back: 6% at U.S. supermarkets (on up to $6,000 per year, then 1%), 6% on select U.S. streaming subscriptions, 3% at U.S. gas stations and on transit, and 1% on other purchases.
   • Annual Fee: There is an annual fee; check the latest terms.
   • Intro APR: Often has promotional offers, including an introductory bonus.
6. Bank of America® Customized Cash Rewards credit card:
   • Cash Back: 3% in a category of your choice (e.g., gas, online shopping, dining, travel, etc.), 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and 1% on all other purchases.
   • Annual Fee: $0
   • Intro APR: Often has promotional offers, including an introductory bonus.

Remember:

• Always consider your spending habits when choosing a cash-back card. A card that offers high rewards in specific categories might not be as beneficial if you don’t frequently spend in those areas.
• Look out for any annual fees, APRs, and other terms that might affect your decision.
• Cash-back cards are most beneficial when you pay off your balance in full every month, as carrying a balance can lead to interest charges that negate your rewards.
• Promotional offers, terms, and reward rates can change, so always check the card issuer’s official website or contact them for the most up-to-date information.

If you’re considering a credit card from outside the U.S. or if you want information on cards after 2023, I recommend checking with local banks or financial institutions for the latest offerings.

Also Checkout: The Best Credit Cards for United Airlines Flyers