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9 best cash back credit cards |
When you shop with your credit card, you can earn cash back
for your purchases. I personally prefer
cash back credit cards since I can use the cash for whatever I want vs. a
rewards card that forces you to use it in specific categories (i.e. travel). I use the Fidelity Investment Rewards American Express Card, which offers 2% flat cash back on all purchases
with no annual fee. The chart below
contains the 9 best cash back credit cards.
I haven’t included Annual Percentage Rates (APR) below since you should always pay off your
credit card in full each month and that should not be a factor in choosing a
card.
Credit card
|
Cash back
|
Annual fee
|
Sign up bonus
|
How much cash back must accumulate before you
can redeem
|
2% Cash Back
on all purchases
|
No
|
No
|
$50
|
|
5% back on rotating
categories each quarter ($1,500 cap)
1% after you hit the cap and for purchases outside of categories. |
No
|
$100 after
spending $500 in first three months
|
$20
|
|
5% back on rotating
categories each quarter ($1,500 cap)
1% after you
hit the cap and for purchases outside of categories.
|
No
|
No
|
$50
|
|
3% Cash Back
at Supermarkets ($6,000 cap)
2% at Gas
Stations & Department Stores
1% after you
hit the cap and for purchases outside of categories.
|
No
|
$50 after
spending $1,000 in first three months
|
$25
|
|
6% Cash Back
at Supermarkets ($6,000 cap)
3% at Gas
Stations & Department Stores
1% after you
hit the cap and for purchases outside of categories.
|
$75
|
$150 after
spending $1,000 in first three months
|
$25
|
|
5% back on rotating
categories each quarter ($6,000 cap)
1% for
purchases outside of categories ($6,000 total cap)
|
No
|
$100 after
spending $500 in first three months
|
$50
|
|
3% Cash Back
on Gas (1,500 cap for gas and grocery stores purchases)
2% on Grocery
Store Purchases (1,500 cap for gas and grocery stores purchases)
1% on
Everything Else
|
No
|
$100 after
spending $500 in first three months
|
No minimum
|
|
1.5% on
Everything
|
No
|
$100 after
spending $500 in first three months
|
No minimum
|
|
5% Cash Back
in Two Categories of Your Choice ($2,000 cap)
2% in Another
Category
1% on
Everything Else
|
No
|
No
|
No minimum
|