9 best cash back credit cards

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
Fidelity® Investment Rewards American Express® Card	2% Cash Back on all purchases	No	No	$50
Chase Freedom	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
Discover it	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
Blue Cash Everyday Card from American Express	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
Blue Cash Preferred® Card from American Express	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
Citi® Dividend Platinum Select® Visa®	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
Bank AmeriCard Cash Rewards	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
Capital One Quicksilver Cash Rewards	1.5% on Everything	No	$100 after spending $500 in first three months	No minimum
U.S. Bank Cash+ Visa Signature	5% Cash Back in Two Categories of Your Choice ($2,000 cap) 2% in Another Category 1% on Everything Else	No	No	No minimum