Cash Back Credit Cards

Get rewarded for what you already buy every day. Our list of cash back credit card offers makes it easy to find the card that will maximize your cash back. The top flat rate cash back cards will offer a single cash back rate on all your purchases, while rotating category cards have a higher cash back rate in select spending categories. Find the cash back card that best fits your personal spending profile from this list of offers from our partners, and start getting paid!

Our up-to-date list of cash back offers makes it easy to find a card that will maximize your savings. See offers from our partners below.

Estimated savings is based on on a total credit card transfer balance of $2,500, current APR of 15.00%, and a monthly repayment of $56.25 for the first 24 months.

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount, assumes you make fixed monthly payments on time, and does not assume rewards or purchases, since those will vary per individual.

Blue Cash Preferred® Card from American Express

APPLY NOW

Rewards Rate

1%
?

6% at U.S. supermarkets on up to $6,000 per year in purchases (then 1%); 3% at U.S. gas stations and select U.S. department stores; 1% on other purchases. Terms and limitations apply.

on select categories

Intro Bonus Value

$200
?

$200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.

Annual Reward Value

$391
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$95

Blue Cash Preferred® Card from American Express

APPLY BY PHONE

or call American Express at

877-915-6641 See Rates & fees

Rewards Rate

1%
on select categories

Intro Bonus Value

$200

Annual Reward Value

$391

Annual Fee

$95

Card Details

  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • $95 annual fee.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $95
Purchase Intro APR See Rates and Fees for See Rates and Fees
Regular APR N/A
Balance Transfers Intro APR N/A

Features

EMV
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Roadside Assistance
Travel Accident Insurance
Travel Assistance
Zero Fraud Liability
Mobile Pay Ready
Presale Tickets
View More Details

at American Express's
secure site

or call American Express at

877-915-6641 See Rates & fees
Terms Apply
Susan G. Komen® Cash Rewards Visa® credit card from Bank of America

APPLY NOW

Rewards Rate

1%
?

Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.

on select categories

Intro Bonus Value

$150
?

$150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening.

Annual Reward Value

$318
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

Susan G. Komen® Cash Rewards Visa® credit card from Bank of America

Rewards Rate

1%
on select categories

Intro Bonus Value

$150

Annual Reward Value

$318

Annual Fee

$0

Card Details

  • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • From June 2015 through December 2020, Bank of America is guaranteeing to Susan G. Komen® $3 million in conjunction with its Pink Ribbon Banking credit card and checking program.
  • Susan G. Komen® has received more than $8 million from Bank of America from this program since 2009.
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
  • No annual fee
  • No changing categories and no expiration on rewards
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 13.99% - 23.99% Variable APR. 3% fee (min $10) applies to balance transfers.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% Introductory APR on purchases for 12 billing cycles
Regular APR 13.99% - 23.99% Variable APR on purchases and balance transfers
Balance Transfers Intro APR 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days

Features

EMV
No Annual Fee
0% Introductory APR
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Visa Signature®
FICO Score
View More Details

at Bank of America's
secure site

Citi ThankYou® Preferred Card

APPLY NOW

Rewards Rate

1%
?

Earn 2X Points on Dining Out & Entertainment; Earn 1X Points on All Other Purchases

Intro Bonus Value

N/A

Annual Reward Value

$266
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

Citi ThankYou® Preferred Card

APPLY BY PHONE

or call Citi at

866-935-2929

Rewards Rate

1%

Intro Bonus Value

N/A

Annual Reward Value

$266

Annual Fee

$0

Card Details

  • Enjoy 0% Intro APR on purchases for 15 months from date of account opening and 0% Intro APR on balance transfers for 15 months from date of first transfer*
  • After that, the variable APR will be 14.49% - 24.49% based upon your creditworthiness*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
  • Earn 2X Points on Dining Out & Entertainment
  • Earn 1X Points on All Other Purchases
  • Points are redeemable for gift cards to popular retailers, restaurants, and department and home stores. 2,500 ThankYou® Points can be redeemed for a $25 gift card at thankyou.com.
  • No expiration and no limit to the amount of points you can earn with this card
  • No annual fee*

Recommended Credit Score

740 850
Excellent

Rates & Fees

Annual Fee $0*
Purchase Intro APR 0%* for 15 months on Purchases
Regular APR 14.49% - 24.49%* (Variable)
Balance Transfers Intro APR 0%* for 15 months on Balance Transfers

Features

EMV
No Annual Fee
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Price Protection
Travel Accident Insurance
Trip Cancellation Insurance
Zero Fraud Liability
Mobile Pay Ready
MasterCard World
Presale Tickets
View More Details

at Citi's
secure site

or call Citi at

866-935-2929
HSBC Cash Rewards Mastercard® credit card

APPLY NOW

Rewards Rate

2%
?

Earn unlimited 2% cash rewards on purchases made within 6 months of account opening, then 1.5% thereafter

Intro Bonus Value

$150
?

Earn a $150 cash rewards intro bonus after spending $500 in the first 3 months.

Annual Reward Value

$328
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

HSBC Cash Rewards Mastercard® credit card

Rewards Rate

2%

Intro Bonus Value

$150

Annual Reward Value

$328

Annual Fee

$0

Card Details

  • Limited Time Offer: Earn unlimited 2% cash rewards on purchases made within 6 months of account opening, then 1.5% thereafter.
  • Earn a $150 cash rewards intro bonus after spending $500 in the first 3 months.
  • 10% Anniversary Bonus on all Cash Rewards earned once a year.
  • No Annual Fee.
  • 0% Intro APR for 15 months on balance transfers, then a 13.99%, 17.99% or 23.99% variable APR.
  • No Foreign Transaction Fees.
  • $0 liability for unauthorized purchases.
  • Terms Apply.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR Variable APR of 13.99% - 23.99%
Balance Transfers Intro APR 0% Intro APR for 15 months

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Auto Rental Insurance
Extended Warranty Program
Purchase Protection
Price Protection
Roadside Assistance
Travel Assistance
Zero Fraud Liability
Mobile Pay Ready
View More Details

at HSBC's
secure site

See Rates & fees
NHL® Discover it® Card

APPLY NOW

Rewards Rate

5%
?

Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate.

Intro Bonus Value

$226

Annual Reward Value

$226
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

NHL® Discover it® Card

Rewards Rate

5%

Intro Bonus Value

$226

Annual Reward Value

$226

Annual Fee

$0

Card Details

  • Choose your favorite team & show your pride – all 31 teams available. Save 10% at Shop.NHL.com and NHL.TV™.
  • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • New! Receive Free Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% for 14 months
Regular APR 11.99% - 23.99% Variable
Balance Transfers Intro APR 0% for 14 months

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Free Credit Score
Price Protection
Zero Fraud Liability
Mobile Pay Ready
View More Details

at Discover's
secure site

See Rates & fees
SimplyCash® Plus Business Credit Card from American Express

APPLY NOW

Rewards Rate

1%
?

5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores. 3% on the category of your choice from a list of eight and 1% cash back on other purchases.

on select categories

Intro Bonus Value

$200
?

Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.

Annual Reward Value

$272
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

SimplyCash® Plus Business Credit Card from American Express

APPLY BY PHONE

or call American Express at

866-474-2158 See Rates & fees

Rewards Rate

1%
on select categories

Intro Bonus Value

$200

Annual Reward Value

$272

Annual Fee

$0

Card Details

  • Special Offer: Earn up to $400 cash back
  • Earn a $200 statement credit after you spend $5,000 in qualifying purchases on your Card within the first 6 months of Card Membership.
  • Plus, earn an additional $200 statement credit after you spend an additional $10,000 or more in qualifying purchases on your Card within the first year of Card Membership.
  • No Annual Fee. Plus, more buying power and more cash back. Get cash back on business purchases, even those above your credit limit.
  • 5% cash back on wireless telephone services purchased directly from U.S. service providers and U.S. office supply stores.
  • 3% on the category of your choice from a list of eight and 1% cash back on other purchases.
  • 5% and 3% apply to the first $50,000 in purchases per calendar year, then 1% applies thereafter. Cash back received is automatically credited to your statement.
  • Terms and limitations apply

Recommended Credit Score

740 850
Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% on Purchases for 9 months
Regular APR N/A
Balance Transfers Intro APR N/A

Features

EMV
No Annual Fee
0% Introductory APR
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
OPEN from American Express
Presale Tickets
View More Details

at American Express's
secure site

or call American Express at

866-474-2158 See Rates & fees
Terms Apply
Deserve® Pro Mastercard

APPLY NOW

Rewards Rate

see terms

Intro Bonus Value

N/A

Annual Reward Value

N/A

Annual Fee

$0

Deserve® Pro Mastercard

Rewards Rate

see terms

Intro Bonus Value

N/A

Annual Reward Value

N/A

Annual Fee

$0

Card Details

  • More cash back on the things you enjoy the most: 3% on travel/entertainment, 2% on restaurants & 1% on all other purchases
  • No annual fee
  • Credit limit up to $10,000
  • No foreign transaction fees
  • Use anywhere in the world where Mastercard is accepted
  • Includes Mastercard Platinum Benefits like Price Protection, Travel Assistance, ID Theft Protection, Car Collision Damage Waiver & Extended Warranty
  • Refer a Friend and get a $30 statement credit. Refer 10 friends and get a $200 bonus for a total of $500 in statement credits

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR 16.99% - 23.99% Variable
Balance Transfers Intro APR N/A

Features

EMV
No Foreign Transaction Fees
No Annual Fee
Auto Rental Insurance
Extended Warranty Program
Price Protection
Roadside Assistance
Travel Assistance
Zero Fraud Liability
View More Details

at Deserve's
secure site

Citizens Bank Cash Back Plus® World Mastercard®

APPLY NOW

Rewards Rate

1.8%
?

Earn 1.8% with our purchase and relationship bonuses

Intro Bonus Value

N/A

Annual Reward Value

$254
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

Citizens Bank Cash Back Plus® World Mastercard®

Rewards Rate

1.8%

Intro Bonus Value

N/A

Annual Reward Value

$254

Annual Fee

$0

Card Details

  • 1.8% with our purchase and relationship bonuses
  • Experience enhanced benefits that come with a World Mastercard - including shopping safeguards, travel security, and more
  • No limit to the amount of cash back you can earn
  • No rotating categories or enrollments to keep track of
  • No annual fee or foreign transaction fees*
  • No penalty APR for late payments*

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR 14.99%, 18.99%, or 22.99% (Variable)
Balance Transfers Intro APR 0% for 15 months

Features

EMV
No Foreign Transaction Fees
No Annual Fee
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Price Protection
Trip Cancellation Insurance
Zero Fraud Liability
MasterCard World
View More Details

at Citizens Bank's
secure site

See Rates & fees
The Plum Card® from American Express OPEN

APPLY NOW

Rewards Rate

see terms

Intro Bonus Value

N/A

Annual Reward Value

$238
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.'

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$250
waived first year

The Plum Card® from American Express OPEN

APPLY BY PHONE

or call American Express at

866-496-4761 See Rates & fees

Rewards Rate

see terms

Intro Bonus Value

N/A

Annual Reward Value

$238

Annual Fee

$250
waived first year

Card Details

  • Paying early pays off: Get a 1.5% discount when you pay early, with no cap on what you can earn back.
  • Take up to 60 days to pay with no interest, if you pay your minimum due.
  • Use the power of the Plum Card to buy big for your business.
  • Unlock new opportunities with a spending limit that can grow with your business.
  • Additional Employee Cards at no annual fee — and an early pay discount on employee spending.
  • No Foreign Transaction Fees.
  • Introductory annual fee of $0 for the first year, then $250
  • Terms & Restrictions Apply.

Recommended Credit Score

740 850
Excellent

Rates & Fees

Annual Fee $0 introductory annual fee your first year, then $250
Purchase Intro APR N/A
Regular APR N/A
Balance Transfers Intro APR N/A

Features

EMV
No Foreign Transaction Fees
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
OPEN from American Express
Presale Tickets
View More Details

at American Express's
secure site

or call American Express at

866-496-4761 See Rates & fees
Terms Apply
Wells Fargo Propel American Express® Card

APPLY NOW

Rewards Rate

1%
?

Earn 3X points at U.S. gas stations, 2X points at U.S. restaurants, 1X point on other purchases

Intro Bonus Value

$200
?

Earn 20,000 bonus points after spending $1,000 in the first 3 months

Annual Reward Value

$295
?

Annual Rewards Value is a CreditCards.com calculation that is used to provide an example of how much you might earn with your new card based on your spending habits. This amount is based on average monthly spend, and actual results will vary by user.

$1325 monthly spend
Groceries
23%
Restaurants
14%
Travel (airline only)
4%
Travel total
8%
Hotel
2%
Gas
15%
Entertainment
5%
Other
33%

Annual Fee

$0

Wells Fargo Propel American Express® Card

Rewards Rate

1%

Intro Bonus Value

$200

Annual Reward Value

$295

Annual Fee

$0

Card Details

  • Earn 20,000 bonus points after spending $1,000 in the first 3 months
  • Earn 3X points at U.S. gas stations, 2X points at U.S. restaurants, 1X point on other purchases
  • Redeem points for travel, gift cards, cash redemption options or merchandise through Go Far® Rewards
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Propel American Express® Card
  • Earn an annual relationship bonus of 10% on non-bonus rewards points if you maintain a qualifying Wells Fargo account
  • 0% Intro APR for 12 months on purchases and balance transfers, then a 13.99%-25.99% variable APR; balance transfer fees apply
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% for 12 months
Regular APR 13.99%-25.99% (Variable)
Balance Transfers Intro APR 0% for 12 months

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Price Protection
Roadside Assistance
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Cellphone Insurance
View More Details

at Wells Fargo's
secure site

Editorial disclosure: All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank's website for the most current information.


Compare Cash Back Credit Card Offers

Updated: December 11, 2017

Our Top Cash Back Credit Cards for December 2017

  • Capital One® Quicksilver® Cash Rewards Credit Card
  • Citi® Double Cash Card
  • Bank of America® Cash Rewards Credit Card
  • Discover it® Cashback Match™
  • Capital One® SavorSM Cash Rewards Credit Card
  • Chase Freedom Unlimited®
  • Blue Cash Everyday® Card from American Express
  • Chase Freedom®
  • U.S. Bank Cash+™ Visa Signature® Card
  • Wells Fargo Cash Wise Visa® Card

Cards that offer cash back can be an excellent way to practice with a rewards card, in many cases without the hassle of an annual fee. And there are other advantages. Here, we look at:

  • What do you look for in a cashback credit card?
  • What are average cashback rates?
  • What are common cashback categories?
  • Advantages/disadvantages of cashback credit cards

What do you look for in a cashback credit card?

  • Look at the categories. Cards vary in how you are rewarded. Some give you high rewards for groceries and gas, while others give you generous cash back for quarterly rotating categories. And some give cash back at a flat rate for all purchases.
  • Study the cashback percentage. You can get a flat rate of at least 1%, a rotating category percentage of 5% with the Discover it® Cashback Match, or high rewards for select year-round categories, such as with the Blue Cash Preferred® from American Express. It just depends on how you think you’ll shop.
  • Check to see if there’s a shopping portal. Some card issuers offer savings on shopping for everything from beauty aids to clothing. Check often, because savings change.
  • Check if there’s an annual fee. Most don’t have an annual fee, but there are a few that do. An annual fee is worth your while if you are going to recoup cash back beyond the cost of the fee.
  • Look at the sign-up bonus. Sign-up bonuses on cashback cards typically start at $150 – you spend a required amount on the card within a specific amount of time, typically 90 days or 3 months, then you are rewarded with the sign-up bonus. There are other ways to get rewarded, though, including double your cash back at the end of your first year with the Discover it Cashback Match.
  • Ask yourself if you’ll use it. If it isn’t flexible enough for your needs, you might as well send it through the shredder, because you won’t use it enough to benefit from the rewards.

What are average cashback rates?

Depending on the card, you can see cashback offers of 1%-2% back on all purchases or up to 6% on select categories year-round, such as with the Blue Cash Preferred. There are also cards with rotating quarterly categories of 5% back for up to $1,500 a quarter, for example with the Chase Freedom® credit card.

What are common cashback categories?

  • Restaurants. Restaurants are a favorite category for cashback cards. Some cards will even occasionally offer 5% back. If you find yourself eating out a lot for lunch or trying out the newest restaurant, this might be a good choice for you.
  • Groceries. This is a good option for the growing family. Some cards offer generous cash back for groceries year-round. Sometimes, with the cards that offer quarterly categories, you’ll also see drugstores.
  • Amazon.com. In the past, you could potentially earn up to $150 back at the end of your first year on this category with the Discover it Cashback Match.
  • Wholesale clubs. This is an increasingly popular category for cashback cards, sometimes as a quarterly category and sometimes in a limited time offer.
  • Transportation. Gasoline is a popular category with many cards, but you might also see specific quarters that include parking, tolls and Amtrak purchases, perfect for the daily commuter.
  • Home improvement stores. This category will pop up periodically, so keep your eyes peeled.

Advantages/disadvantages of cashback credit cards

Advantages:

  • Earn hundreds of dollars back a year. First and foremost, cashback cards can earn you oodles of money back just for using your card to make purchases. The more you spend, the most cashback you get. Categories range from groceries and gas to home improvement and wholesale clubs. You can sometimes even get significant cashback savings on shopping at Amazon.com.
  • Enjoy shopping deals. Many cashback cards also have shopping portals that offer 10%, even 20% off select retailers. You can shop for beauty aids, clothing, household items and more.
  • Wide variety of cards. Cashback cards have been around for a few decades, but they have really taken off in the last 10 years. There are cards with high percentages back that offer rotating categories; cards with high percentages on select categories year-round; and general-purpose cashback cards that give you 1%-2% back on every purchase.
  • Great practice for a travel card. If you have your eye on a travel, airline or hotel card, but you aren’t sure if you have the discipline yet, a cashback card is a good way to get started. Why? Because many don’t have an annual fee, unlike other rewards cards, so you can spend moderately at first and figure out how to spend and pay it off at the end of each month.
  • Excellent way to build credit. By paying on time and in full each month, and by keeping the card active by using it regularly, you will see your credit score climb in no time.

Disadvantages:

  • Annual fee. Some cashback cards have an annual fee, which can be a problem if you don’t plan ahead. For example, if you have an annual fee of $95, you’ll want to make sure you spend enough to recoup the annual charge.
  • Carrying a balance. It’s simple: Don’t do it. If you think you are going to incur debt that carries over month to month, a cashback card isn’t the best option. There is little point in getting a rewards card for earning cash back, points or miles, then paying the card issuer interest charges each month. If you have a $3,000 balance and you pay the minimum, if will take you 126 months and you will pay $2,241 in interest fees. Yuck.
  • Late payments. The easiest and fastest way to build credit is by using a credit card correctly. The easiest and fastest way to lose that great credit score? Pay your bills late. That’s because those late payments go to the credit bureaus and in turn to the credit scoring companies. If you’re going to get a card, always, always pay on time.

Check out our reviews

Interested in learning more about each card? We’ve reviewed several cash back credit cards – check them out in our reviews section.

Recap: Our Featured Cash Back Credit Cards for December 2017

CardWelcome BonusBonus RequirementRewards Rate
Capital One® Quicksilver® Cash Rewards Credit Card$150 Cash BonusSpend $500 on purchases within 3 months from account openingEarn unlimited 1.5% cash back on every purchase, every day
Citi® Double Cash CardN/AN/AEarn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases
Bank of America® Cash Rewards Credit Card$150 Online Cash Rewards BonusSpend at least $500 on purchases in the first 90 days of account openingEarn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
Discover it® Cashback Match™Discover will match all the cash back earned at the end of your first year, automaticallyAutomaticEarn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
Capital One® SavorSM Cash Rewards Credit Card$150 Cash BonusSpend $500 on purchases within the first 3 months from account openingEarn unlimited 3% cash back on dining, 2% on groceries and 1% on all other purchases
Chase Freedom Unlimited®$150 BonusSpend $500 on purchases in your first 3 months from account openingUnlimited 1.5% cash back on every purchase
Blue Cash Everyday® Card from American Express$150 Cash Rewards BonusSpend $1,000 in the first 3 months
Earn 1% cash back on every purchase, 2% at U.S. gas stations and select U.S. department stores, and 3% at U.S. supermarkets for the first $6,000 in supermarket purchases each year
Chase Freedom®$150 BonusSpend $500 on purchases in your first 3 months from account openingEarn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate

Unlimited 1% cash back on all other purchases
U.S. Bank Cash+™ Visa Signature® Card$100 BonusSpend $500 in eligible net purchases in the first 90 daysFirst year: earn 1.5% cash back on every purchase, 2.5% on your choice of gas or groceries, and 5.5% on your first $2,000 in eligible purchases each quarter on the two combined categories of your choice

Thereafter: 1% on every purchase, 2% on your choice of gas or groceries, and 5% on your first $2,000 in eligible purchases each quarter on the two combined categories of your choice
Wells Fargo Cash Wise Visa® Card$200 Cash Rewards BonusSpend $1,000 in the first 3 monthsEarn unlimited 1.5% cash rewards on purchases

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