What is the best cash back credit card?
The average American household spends over $60,000 per year, so even a 2% cash back card can earn you over $1,200 annually with typical spending.
The Citi Double Cash card is the most popular cash back card, offering an effective 2% return (1% when you buy, 1% when you pay) on all purchases with no annual fee.
The Wells Fargo Active Cash Card provides a flat 2% cash back on all purchases, making it a simple and lucrative option for those who don't want to optimize spending across categories.
The Bank of America Customized Cash Rewards card allows you to choose your 3% cash back category, giving you flexibility to maximize earnings on your highest spending areas.
The Chase Freedom Unlimited offers 1.5% cash back on all purchases, plus a $200 sign-up bonus after spending $500 in the first 3 months.
The Discover It Cash Back card features 5% cash back on rotating quarterly categories (like groceries, gas, or Amazon), plus Discover will match all the cash back you've earned at the end of your first year.
The American Express Blue Cash Preferred Card earns an industry-leading 6% cash back at U.S.
supermarkets (up to $6,000 per year) and 3% back on transit and streaming services.
The Capital One SavorOne Cash Rewards Credit Card offers 3% back on dining and entertainment, making it a great choice for foodies and social butterflies.
The Costco Anywhere Visa Card by Citi provides 4% cash back on eligible gas purchases, 3% on restaurants and travel, and 2% on Costco and Costco.com purchases.
The U.S.
Bank Altitude Go Visa Signature Card earns 4X points (equivalent to 4% cash back) on dining, plus 2X points on groceries and streaming services.
The Amex EveryDay Preferred Credit Card from American Express features a unique 50% bonus on your total points if you make 30 or more purchases in a billing period.
The Chase Freedom Flex offers 5% cash back on rotating quarterly categories (like groceries, gas, or Amazon), plus 3% back on dining and drugstores.
The Bank of America Unlimited Cash Rewards credit card provides a straightforward 1.5% cash back on all purchases, with no annual fee and a $200 sign-up bonus.
The Citi Custom Cash Card automatically applies 5% cash back on your highest eligible spending category each billing cycle, up to the first $500 spent.
The Wells Fargo Propel American Express Card earns 3X points (equal to 3% cash back) on dining, travel, gas stations, and select streaming services.
The Capital One SavorOne Cash Rewards for Good Credit offers 3% back on dining and entertainment, making it a solid choice for those with average credit.
The Amex Blue Cash Everyday Card provides 3% cash back at U.S.
supermarkets (up to $6,000 per year) and 2% back at U.S.
gas stations and select department stores.
The Citi Rewards+℠ Card automatically rounds up each purchase to the nearest 10 points, earning you a little extra cash back on every transaction.
The Discover It Miles card earns an unlimited 1.5 miles per dollar spent, which can be redeemed for 1 cent per mile towards travel purchases or as a statement credit.
The Amex Gold Card, while not technically a cash back card, earns 4X points at U.S.
supermarkets (up to $25,000 per year) and 4X points at restaurants, providing excellent rewards for dining and groceries.