best credit card to earn cash back

1. Scotia Momentum® Visa Infinite* Card - WINNER. $717, Excellent, Earn 4% cash back on groceries, recurring bill payments and subscription purchases · 2. CIBC. 1. American Express Platinum Cashback Everyday Card · 2. American Express Platinum Cashback Card · 3. Santander All In One Credit Card · 4. No two cash-back credit cards are identical, so you need to consider the annual fee, earn rate, how much your charge to your card and any.

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Best cash back credit cards in Canada

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The concept behind cash-back credit cards is easy to understand. You get a small percentage back on purchases you make with the card, and the reward comes in the form of cash back, meaning money. The beauty of this system is that cash-back rewards are flexible and you can spend them on anything you want.

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No two cash-back credit cards are identical, so you need to consider the annual fee, earn rate, how much your charge to your card and any additional benefits before you apply. To help you pick the right card we’ve put together a list of what the top options have to offer based on different categories.

The best cash-back credit cards in Canada 2021

‡$500 monthly spending cap


Best flat-rate cash-back card

SimplyCash Preferred Card from American Express*

The SimplyCash Preferred Card from American Express is ideal if you use your credit card a lot and you want to keep things simple. You won’t have to deal with different bonus categories or tiered earn rates. You’ll earn an industry-leading 2% cash back on all your purchases, regardless of whether it’s gas, groceries, electronics or online purchases. Additional authorized users can be added at no cost, which is ideal for couples or families looking to share an account and compound their rewards. There is no limit to how much you can earn. Plus, American Express welcomes new members with an increased earn rate of 10% cash back (up to $400) on all purchases for your first four months of having the card. One thing to note is that while Amex cards are accepted at thousands of locations, including most major grocery stores, restaurants and retail chains, they aren’t as universally accepted as Visa or Mastercard, so you might want to carry a debit card or a second credit card from Visa or Mastercard as a backup.

  • Annual fee: $99
  • Welcome bonus: 10% cash back on all purchases for the first 4 months (up to $400 cash back)
  • Earn rate: 2% cash back on all purchases
  • Additional benefits: American Express Invites; comprehensive car rental and travel insurance; referral bonus, free authorized users

Get more details about the SimplyCash Preferred Card*


Best no-fee cash-back cards

For flat rate: SimplyCash from American Express*

Not to be confused with its big brother the SimplyCash Preferred (see above), the SimplyCash from American Express trades a slightly lower earn rate for no annual fee. The regular earn rate of 1.25% gets you an above-average return on otherwise general purchases like clothes, electronics and online purchases—spends that would likely net you between 0.5% and 1% back with another card. While it’s true that American Express can be used less widely than Visa or Mastercard, it is accepted at more places than you might think. If you’re worried about it, consider carrying a second credit card as a backup. 

  • Annual Fee: $0
  • Welcome Bonus: Get a welcome bonus of 4% cash back in the first 6 months (up to $200 cash back)
  • Earn rate: Get 1.25% cash back on all purchases regardless of purchase category
  • Additional benefits: $100,000 in travel accident coverage; referral bonus; free authorized users; access to virtual events and special offers with American Express Experiences

Get more details about the SimplyCash Card*

For bonus categories: Tangerine Money-Back Credit Card*

Tangerine Money-Back Credit CardIf you want a cash-back card with no fees that is easy to understand, then the Tangerine Money-Back Card is a good choice for you. All cardholders get to choose two categories where they earn 2% cash back. If you opt to have your cash back deposited directly into your Tangerine Savings Account, then you get to choose a third category that earns you 2% cash back. All other purchases earn you 0.5% cash back.

Since this is a basic no-fee, cash-back card the other benefits are thin. However, you do get purchase assurance, which protects your purchase from loss, theft or damage within 90 days and an extended warranty that doubles your manufacturer’s warranty up to an additional year.

If you meet the $60,000 annual income requirement you’ll automatically be considered for the Tangerine World Mastercard, which best credit card to earn cash back with additional perks such as mobile device and rental car insurance.

  • Welcome bonus: Earn 15% cash back (up to $150) when you spend $1,000 on everyday purchases within the first 2 months of having the card. Must apply before December 31, 2021
  • Earn rate: 2% cash back on up to 3 categories; 0.5% on all other categories
  • Income requirement: $12,000

Get more details about the Tangerine Money-Back Card*

For high earners: Rogers World Elite Mastercard

The Rogers World Elite Mastercard often doesn’t get as much love as it deserves. With this card, you earn 1.5% cash back on all your purchases. Best of all, you can redeem that cash back towards most of your purchases made with your card within the last 90 days.

The 3% cash back on purchases made in U.S. currency effectively means you earn 0.5% in cash back on purchases once you factor in the 2.5% foreign exchange fee. In other words, this is a card for online shoppers and U.S. travellers to consider. The one major caveat (aside from its $80,000 annual income requirement): You must charge at least $15,000 in first national bank and trust new orleans on the card every 12 months to keep it, otherwise you’ll be downgraded to the entry-level Rogers Platinum Card that earns a less impressive 1% cash back on everything.

  • Welcome bonus: $25 in cash back rewards when you make your first card purchase
  • Earn rate: 3% cash back on purchases in U.S. currency; 1.5% on all other purchases
  • Income requirement: $80,000 (personal) or $150,000 (household)
  • Additional benefits: Travel insurance; cash back on foreign purchases

Best cash-back credit card for groceries and bills

Scotia Momentum Visa Infinite*

The Scotia Momentum Visa Infinite is a strong cash-back card that offers competitive perks and rewards and comes with an excellent welcome offer. Cardholders can earn an impressive 4% cash back on groceries, recurring bills and subscription services—a structure that may well suit large families or households. Transportation expenses—gas and public transit—earn at 2%, and everything else comes in at 1%. Note that there is a $25,000 cap on qualifying spends in each category; any purchases exceeding that amount will earn the base 1%. There’s also $1,000 in mobile device insurance and $1,500 per person in trip cancellation protection.

Since this is a Visa Infinite card, there is a minimum annual income of $60,000 or a minimum household income of $100,000 requirement to be approved for the card. The annual fee—now $120—will be waived for new applicants for the first year.

  • Annual fee: $120 (waived first year)
  • Welcome bonus: Earn 10% cash back on all purchases up to $2,000 for the first 3 months. Apply by January 1 2022.
  • Earn rate: 4% cash back on groceries, recurring bills and subscription services; 2% on public transit and gas; and 1% on everything else
  • Income requirement: $60,000 (personal) or $100,000 (household)
  • Additional benefits: Mobile device insurance; travel insurance; concierge service; Visa Infinite Dining and Wine Country Series

Get more details about the Scotia Momentum Visa Infinite*


Best cash-back credit cards for groceries and gas

CIBC Dividend Visa Infinite Card

The CIBC Dividend Visa Infinite is on our list for its generous earn rates. Not only does this card earn bonus cash back across five popular spending categories, including gas, groceries, dining, transit and recurring bills, it quadruples the cash back earned on groceries and gas purchases. As for other things you pay for, you will get 2% when you use this card for dining (even with takeout and delivery), public transit, Uber rides, taxis and recurring bills. This all adds up, especially when considering  recurring payments  can include everything from cell phone and internet bills to streaming services. We also like that you can redeem for cash back at any time of the year in increments of just $25.

  • Annual fee: $120 (rebated for the first year)
  • Rewards on other purchases: 4% cash back on groceries and gas, 2% on dining, daily transit, and recurring bills, and 1% back on everything else
  • Welcome bonus: Get 10% cash back for all purchases on your first four statements, or first $2,500 in purchases, up to $250 in cash back). After that, the earn rate becomes 4% on gas and grocery purchases and 1% cash back on everything else.
  • Additional benefits: Emergency travel medical insurance, t car rental collision and loss damage insurance; mobile device insurance; and 
  • save up to $0.10 per litre at participating Chevron, Ultramar and Pioneer gas stations when you link your card with Journie Rewards.
  • Income required: $60,000 or $100,000 as a household

Meridian Visa Infinite Cash Back

For many Canadians, the largest and most regular expenses are gas and groceries. For them, finding a cash-back card that rewards well on these spends is just good money management. With 4% back in both these categories, the Meridian Visa Infinite Cash Back card tops the list. You’ll receive 2% on drug store purchases and recurring bills, and the 1% base earn rate on all other purchases sweetens the deal. 

The Meridian card also offers a few extra features like mobile device insurance and up to 48 days of travel insurance.

  • Annual fee: $99 (first year free)
  • Earn rate: 4% cash back on gas and groceries; 2% on drug stores and recurring bills; 1% on everything else
  • Income requirement:$60,000 (personal) how to use cash app money without card $100,000 (household)
  • Additional benefits: Mobile device insurance; travel insurance; concierge service; Visa Infinite Dining and Wine Country Series

Honourable mentions

TD Cash Back Visa Infinite*

With an annual fee of $120 (which is rebated for the first year for you and one other cardholder) and an earn rate of 3% cash back on gas, grocery and recurring bill payments, the TD Cash Back Visa Infinite Card is worth considering seriously.

The welcome bonus of 6% on all purchases does us bank reliacard have a routing number great, as is the included TD Auto Club membership which is basically a roadside assistance package. TD Auto Club is comparable to CAA and covers you for things such as a dead battery, tire changes, gas delivery, $200 in accident towing, $200 in emergency transportation and more.

When it comes to travel insurance, you only get travel medical coverage and delayed and lost baggage insurance which is not very comprehensive, however the welcome offer and the TD Auto Club membership are excellent perks in their own right.

  • Annual fee: $120 (rebated  first year)
  • Welcome bonus: Earn 6% cash back on all purchases for the first 3 months, up to a total spend of $2,000. Must apply by December 5, 2021. Quebec residents, please click here.
  • Earn rate: 3% cash back on gas, grocery and recurring bill payments; 1% on all other purchases
  • Income requirement:$60,000 (personal) or $100,000 (household)
  • Additional benefits: Deluxe TD Auto Club membership; some medical insurance

Get more details about the TD Cash Back Visa Infinite*

BMO CashBack Mastercard*

Links to BMO Cash Back Mastercard application

Recent changes to this no-fee card, often recommended for students, have made it more interesting to a wider range of value-seekers. Cardholders now earn 3% cash back on groceries, 1% on recurring bill payments and an unlimited 0.5% on everything else. And the welcome bonus—5% back for the first three months—can rack up to $100.

  • Annual fee: $0
  • Earn rate: 3% cash back on groceries; 1% on recurring bills; 0.5% on everything else
  • Welcome bonus: Get up to 5% cash back for the first 3 months; introductory 1.99% interest rate on balance transfers for 9 months with 1% transfer fee; plus apply now to get a $50 cash back bonus when you spend over $6,000 in the first year (up to $175 cash back).
  • Additional perks: Purchase protection and extended warranty; discounts at Avis and National Car Rentals and Cirque du Soleil; free to add authorized cardholders
  • Income required: None specified

Get more details about the BMO CashBack Mastercard*



How to make the most of your cash-back credit card

Never carry a balance

The payoff with a cash-back credit card is the cash—a reward that is easily cancelled out by the penalties and interest accrued if you carry a balance. Like all rewards credit cards, cash-back cards tend to carry annual interest rates at the higher end, usually around 19.99%. At this rate, unpaid debt will rapidly accumulate interest charges that eat up any gains you’ve made. As long as you pay off your balance in full every month, you’ll avoid this pitfall, but if you find you regularly carry a balance, you might consider a low interest credit card instead.

Compare your cash-back card options

It’s easy to go with the cash-back card offered by your current bank, but that’s not always the best choice. Take the time to compare your options to identify the card that delivers the highest return based on your particular spending habits and lifestyle. Remember: you don’t need to open a chequing or savings account with a bank in order to get a credit card, and you can pay your bill electronically from any bank account.

Don’t dismiss cash-back cards with an annual fee

While it might seem counterintuitive to pay an annual fee on a cash-back card, be aware that cards with a fee generally deliver better rewards and perks. If these perks are worth more than the annual fee (and if the card fits your spending habits in other ways), you might choose a cash-back card with a fee.

Consider using multiple credit cards

Using too many credit cards at once is generally frowned upon, as this can be a sign of insolvency. However, a strong credit-card strategy can involve pairing cards to maximize benefits. For example, the TD Cash Back Visa Infinite offers 3% back on gas, groceries and recurring bills, but only 1% on everything else, while the Tangerine Money Back Card has no annual fee and offers 2% back in up to three spending categories of your choice. Strategically it would make sense to select drug stores, parking/public transit and restaurants to fill in the gaps on everyday spends without having to pay more for the better earn rate.

Add your partner as an authorized user

Adding an authorized user, typically your partner, to your account can be a cost-effective (or even free!) way to boost your earnings on a premium card. With this setup, both cardholders accrue rewards or cash back on their spends without paying double the annual fees. If, for example, your card has a $120 annual fee, you might be able to get an additional authorized user for as little as $30 more. Some premium cards, like the SimplyCash Preferred from American Express, even let you add authorized users for free. It does bear mentioning that this requires some thought as only the primary cardholder will be responsible for paying off the balance—not the authorized users.


Cash back versus travel credit cards

When choosing a rewards credit card, many Canadians find themselves torn between two types: Cash back and travel. This shouldn’t come as a surprise—both are popular and have valuable strengths. Here we break down both card types to help you decide which card is right for you.

Simplicity

It’s important to be able to understand your credit card rewards program, and cash-back cards are about as clear as you can get. If you earn 2% back, you absolutely know you’re going to receive $0.02 on every $1—no complicated math required. With travel rewards credit cards, there are sometimes different earn rates and redemption values. Thesevariables can affect how or when you want to collect or redeem. 

Bottom line: If you’re invested in earning travel rewards, acquainting yourself with your card’s program may be the best way to go, otherwise you can’t top cash when it comes to simplicity.

Rewards and bonus categories

How you earn can be just as important as what you earn. Travel rewards credit cards usually offer a very wide breadth of spending categories to earn in, while cash-back cards can be more restrictive.

Aside from a few exceptions, the majority of cash-back credit cards offer the same limited selection of bonus categories (namely gas, groceries and utility bills). In comparison, travel credit cards have a far larger selection of bonus categories (like restaurants, hotel stays, flights, Uber rides and public transit, in addition to the groceries and gas), which means you can potentially earn more points on more types of purchases. 

Bottom line: You’re likely going to earn more points or miles, in more spending categories, with a travel rewards card than cash with a cash-back card. 

Flexibility

The reason they say “Cash is king” because it can be used for anything you want, such as everyday spending on gas and groceries. In contrast, the points you earn on travel cards are usually geared towards travel rewards and offer the best value when redeemed for flights and hotel stays.

Bottom line: Cash is the most flexible reward there capital one auto finance tulsa address, but if you’re looking to save on flights and hotel stays, a travel card can offer considerably more value.

Welcome bonuses

Typically, travel rewards cards can offer hundreds of dollars in rewards as a sign-on bonus, while cash-back cards usually offer an increased earning percentage for a short introductory time. One thing to note is that bonuses on cash-back cards are usually easier to earn—while travel rewards cards usually are worth more but have stricter spending requirements. 

For example, with the BMO World Elite Mastercard, you can get 3,000 bonus points ($240 value) only after you spend $3,000 on the card within your first three months. In contrast, the BMO CashBack World Elite’s welcome offer lets you earn 5% cash back right out of the gate on all your purchases for the first three months but it maxes out at just $200. 

Bottom line: The welcome bonuses on cash-back cards are typically worth less but are easier to get than the offers available on travel cards.  

Side perks

Perks are little extras available to you as a cardholder. These are usually things like airport lounge access, longer and more comprehensive travel insurance coverage, or refunds on certain expenses like a Nexus entry fee. As you can see, perks are very often tied directly to travel, so it should come as no surprise that you’re more likely to find them on travel rewards cards than on cash-back cards.

Bottom line: In many ways, cash is the perk on a cash-back card. If you’re looking for little extras, your best bet is a travel rewards card.


More on the best credit cards


Our methodology

For the best cash-back credit cards 2021 ranking, MoneySense tapped into Ratehub.ca’s‡ credit card tool and calculated the numbers for both fee and no-fee, cash-back rewards credit cards based on $2,000 in monthly spending. We used the following scenario: $500 on groceries, $200 on gas, $200 on restaurants, $125 on bill payments, $175 on travel, $225 on entertainment, $75 on pharmacy purchases and $500 on everything else.

The end game was a magic number—that is, the annual net reward in dollar terms to identify the top cash-back credit cards for each type of spender, along with an honorary mention. Our methodology also took into consideration other factors, including limited-time accelerated earn rates, the range of spending bonus categories, annual fee waivers, purchase protections and travel insurance perks.

‡MoneySense.ca and Ratehub.ca are both owned by parent company Ratehub Inc. We may be partnered with some financial institutions, but this does not influence the “Canada’s Best Credit Card” rankings. You can read more about this in our Editorial Code of Conduct.

What does the * mean?

If a link has an asterisk (*) at the end of it, that means it's an affiliate link and can sometimes result in a payment to MoneySense (owned by Ratehub Inc.) which helps our website stay free to our users. It's important to note that our editorial content will never be impacted by these links. We are committed to looking at all best credit card to earn cash back products in the market, and where a product ranks in our article or whether or not it's included in the first place is never driven by compensation. For more details read our MoneySense Monetization policy.

Источник: https://www.moneysense.ca/spend/credit-cards/best-cash-back-credit-cards-in-canada/
This page is a marketplace where our partners can highlight their current card offers. The reviews and insights represented are editorial, but the order in which cards appear on the page may be influenced by compensation we may receive from our partners.

For many, cash back is king. With the right card, you can earn money back on where you spend the most — whether that be the grocery store, on takeout or gas. Here are the top cash-back credit cards from our partners that you can use to maximize your everyday purchases. As always, check out our best credit cards overall for monthly offers.

Terms & restrictions apply.See rates & fees

BEST REWARDS RATE FOR A CASH-BACK CARD

2% cash-back

  • 2% Earn unlimited 2% cash rewards on purchases

$200 cash rewards

$200 cash rewards

670-850

Excellent, Good

670-850

Excellent, Good

Why we chose it

If you’re interested in opening a cash-back card but are confused by other options that discuss “rotating categories” or “spending limits,” make your life easier with the Wells Fargo Active Cash card. Earn 2% cash rewards on every purchase and turn your rewards into cash-back that can help you lower your everyday expenses or treat yourself to a gift — from you, to you.

Pros

  • There’s no annual fee, meaning that you can keep your costs low while focusing on earning rewards

Cons

  • Don’t take this card abroad with you, as this card incurs a 3% foreign transaction fee
  • New! Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 14.99% to 24.99% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
  • $0 annual fee
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Enjoy a premium collection of benefits at a selection of the world's most intriguing and prestigious hotel properties with Visa Signature Concierge
  • 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 Active Cash℠ Card
  • Select "Apply Now" to learn more about the product features, terms and conditions

Pros

  • There’s no annual fee, meaning that you can keep your costs low while focusing on earning rewards

Cons

  • Don’t take this card abroad with you, as this card incurs a 3% foreign transaction fee
  • New! Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 14.99% to 24.99% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
  • $0 annual fee
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Enjoy a premium collection of benefits at a selection of the world's most intriguing and prestigious hotel properties with Visa Signature Concierge
  • 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 Active Cash℠ Card
  • Select "Apply Now" to learn more about the product features, terms and conditions

Terms & restrictions apply.See rates & fees

Best for gas, supermarkets, and select streaming services cash back in the U.S.

1 - 6% cash-back

  • 6% 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
  • 6% 6% Cash Back on select U.S. streaming subscriptions
  • 3% 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses and more
  • 3% 3% Cash Back at U.S. gas stations
  • 1% 1% Cash Back on other purchases

$300

$300

$0 introductory annual fee for the first year, then $95.

670-850

Excellent, Good

670-850

Excellent, Good

Why we chose it

The Blue Cash Preferred Card is one of the best cash-back credit cards on the market. You’ll get a great return across a wide range td america auto finance bonus categories, a solid welcome bonus and a low annual fee.

Pros

Cons

  • There is a $6,000 spending cap on the U.S. supermarket bonus category, which may not work for those with large grocery budgets.
  • You’ll have to pay a foreign transaction fee on international purchases, so it’s not a great choice when you’re traveling abroad.
  • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% for 12 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • Terms Apply.
  • See Rates & Fees

Pros

  • This card has one of the best earning structures out for among cash-back credit cards.
  • $0 intro annual fee for the first year, then $95
  • The card comes with access to Amex Offers (activation required), which can save you even more money on specific purchases.

Cons

  • There is a $6,000 spending cap on the U.S. supermarket bonus category, which may not work for those with large grocery budgets.
  • You’ll have to pay a foreign transaction fee on international purchases, so it’s not a great choice when you’re traveling abroad.
  • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
  • $0 intro annual fee for the first year, then $95.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% for 12 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%
  • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
  • 6% Cash Back on select U.S. streaming subscriptions.
  • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
  • 1% Cash Back on other purchases.
  • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
  • Terms Apply.
  • See Rates & Fees

Terms & restrictions apply.See rates & fees

Best for beginner cash back

1 - 3% cash-back

  • 3% 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% 2% cash back at U.S. gas stations and at select U.S. department stores.
  • 1% 1% Cash Back on other purchases

$200

$200

670-850

Excellent, Good

670-850

Excellent, Good

Why we chose it

The Blue Cash Everyday card is a good option for people who want a simple cash-back structure with no annual fee. You’ll earn bonus cash-back on popular bonus categories, including U.S. supermarkets and U.S. gas stations.

Pros

  • 3% cash back at U.S. supermarkets
  • No annual fee.
  • Unlimited 2% cash back at U.S. gas stations and select U.S. department stores.
  • Amex Offers, which earn you statement credits or extra points on purchases with a wide variety of merchants. (Enrollment required)

Cons

  • There is a $6,000 spending cap on the U.S. supermarket bonus category, which may not work for those with larger annual grocery spend.
  • You’ll have to pay a foreign transaction fee on purchases abroad, so it’s not a great choice to take with you when traveling outside of united bank and trust mortgage rates U.S.
  • Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 15 months after account opening. Plans created after that will have a monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% for 15 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%.
  • 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% Cash Back at U.S. gas stations and at select U.S. department stores.
  • 1% Cash Back on other purchases.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits.
  • No annual fee.
  • Terms Apply.
  • See Rates & Fees

Pros

  • 3% cash back at U.S. supermarkets
  • No annual fee.
  • Unlimited 2% cash back at U.S. gas stations and select U.S. department stores.
  • Amex Offers, which earn you statement credits or extra points on purchases with a wide variety of merchants. (Enrollment required)

Cons

  • There is a $6,000 spending cap on the U.S. supermarket bonus category, which may not work for those with larger annual grocery spend.
  • You’ll have to pay a foreign transaction fee on purchases abroad, so it’s not a great choice to take with you when traveling outside of the U.S. gm chase business credit card
  • Earn a $200 statement credit after you spend $2,000 in purchases on your new Card within the first 6 months.
  • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 15 months after account opening. Plans created after that will have a monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
  • Low intro APR: 0% for 15 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%.
  • 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% Cash Back at U.S. gas stations and at select U.S. department stores.
  • 1% Cash Back on other purchases.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits.
  • No annual fee.
  • Terms Apply.
  • See Rates & Fees

BEST FOR FLAT-RATE CASH BACK

1.5% cash-back

  • 1.5% Earn unlimited 1.5% cash back on every purchase, every day

$200

$200

670-850

Excellent, Good

670-850

Excellent, Good

Why we chose it

The Capital One Quicksilver Cash Rewards Credit Card is a decent option for those in need of a straightforward cash back card. However, there are other options that offer more flexibility to redeem your rewards.

Pros

  • Unlimited 1.5% cash back on all purchases
  • best credit card to earn cash back No annual fee
  • Cash back doesn't expire

Cons

  • Limited card perks and benefits
  • Other cards offer more potential and upside when it comes to redeeming cash back
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99%-24.99% variable APR after that
  • $0 annual fee and no foreign transaction fees

Pros

  • Unlimited 1.5% cash back on best credit card to earn cash back purchases
  • No annual fee
  • Cash back doesn't expire

Cons

  • Limited card perks and benefits
  • Other cards offer more potential and upside when it comes to redeeming cash back
  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99%-24.99% variable APR after that
  • $0 annual fee and no foreign transaction fees

1.5 - 5% cash-back

  • 5% 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 5% 5% on travel purchased through Chase Ultimate Rewards®.
  • 3% 3% cash back on dining at restaurants, including takeout and eligible delivery services and on drugstore purchases.
  • 1.5% Unlimited 1.5% cash back on all other purchases.

$200

$200

670-850

Excellent/Good

670-850

Excellent/Good

Why we chose it

The Chase Freedom Unlimited is a surprisingly powerful card that earns at least 1.5% back on everything. However, it becomes a standout card if you pair it with a card that earns transferable Ultimate Rewards points, doubling their potential value.

Pros

  • At least 1.5% back on every purchase, with up to 3% back on select categories.
  • There is no annual fee - Perfect for everyday, non-bonused spending - incredible value when paired with a premium Chase card.

Cons

  • There is a foreign transaction fee so the card shouldn't be used abroad.
  • Limited card perks and benefits.
  • $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% on travel purchased through Chase Ultimate Rewards®
  • Unlimited 1.5% cash back on all other purchases
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee.

Pros

  • At least 1.5% back on every purchase, with up to 3% back on select categories.
  • There is no annual fee - Perfect for everyday, non-bonused spending - incredible value when paired with a premium Chase card.

Cons

  • There is a foreign transaction fee so the card shouldn't be used abroad.
  • Limited card perks and benefits.
  • $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 5% on travel purchased through Chase Ultimate Rewards®
  • Unlimited 1.5% cash back on all other purchases
  • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% - 24.74%.
  • No annual fee.

Best for entertainment cash back

1 - 8% cash-back

  • 8% Earn 8% cash back on tickets at Vivid Seats through January 2023.
  • 3% Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®).
  • 1% Earn 1% on all other purchases.

$200

$200

670-850

Excellent, Good

670-850

Excellent, Good

Why we chose it

The Capital One SavorOne is a great cash-back credit card for beginners looking for a solid cash back structure and no annual fee. Dining, entertainment and groceries are high-value bonus categories, and it’s rare for a card to hit all three.

Pros

  • Earn unlimited 3% currituck county beach permit back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases
  • This card is better for beginners since it’s easier to be approved for than the Capital One Savor Cash Rewards Credit Card.
  • The intro APR offer that comes with this card makes it a solid choice for those looking to finance a large purchase. You’ll get 0% intro APR on purchases and balance transfers for the first 15 months (14.99% - 24.99% variable APR after).

Cons

  • If you spend a lot on dining and entertainment each year, the Savor is the better value since it earns higher rewards.
  • The sign-up bonus isn’t anything to write home about (though it is easy to earn).
  • Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023
  • No rotating categories or sign-ups needed best credit card to earn cash back earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99% - 24.99% variable APR after that
  • No foreign transaction fee
  • No annual fee

Pros

  • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases
  • This card is better for beginners since it’s easier to be approved for than the Capital One Savor Cash Rewards Credit Card.
  • The intro APR offer that comes with this card makes it a solid choice for those looking to finance a large purchase. You’ll get 0% intro APR on purchases and balance transfers for the first 15 months (14.99% - 24.99% variable APR after).

Cons

  • If you spend a lot on dining and entertainment each year, the Savor is the better value since it earns higher rewards.
  • The sign-up bonus isn’t anything to write home about (though it is easy to earn).
  • Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 14.99% - 24.99% variable APR after that
  • No foreign transaction fee
  • No annual fee

Best for small business spending

1 - 5% cash-back

  • 5% Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • 2% Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and best credit card to earn cash back each account anniversary year
  • 1% Earn 1% cash back on all other card purchases with no limit to the amount you can earn

$750

$750

670-850

Good, Excellent

670-850

Good, Excellent

Why we chose it

The Chase Ink Business Cash is an excellent no annual fee card for small business owners. Cardholders can earn 5% cash back on office supplies and select utilities, as well as 2% cash back at restaurants and gas stations.

Pros

  • The current sign-up bonus on this card is an impressive $750. TPG values it at $1,500, not including any points you may earn from the valuable bonus categories.
  • There is no annual fee which is perfect for small business owners.
  • You’ll earn 5% at office supply stores and on common monthly bills such as internet, cable and phone services. Plus, you’ll earn 2% cash back at gas stations and restaurants each account anniversary year.

Cons

  • 5% cash back earned on certain categories is capped at the first $25,000 you make in combined purchases each account anniversary year.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information best credit card to earn cash back
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
  • 0% introductory APR for 12 months on purchases

Pros

  • The current sign-up bonus on this card is an impressive $750. TPG values it at $1,500, not including any points you may earn from the valuable bonus categories.
  • There is no annual fee which is perfect for small business owners.
  • You’ll earn 5% at office supply stores and on common monthly bills such as internet, cable and phone services. Plus, you’ll earn 2% cash back at gas stations and restaurants each account anniversary year.

Cons

  • 5% cash back earned on certain categories is capped at the first $25,000 you make in combined purchases each account anniversary year.
  • Earn $750 bonus cash back after you spend $7,500 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
  • 0% introductory APR for 12 months on purchases
Источник: https://thepointsguy.com/credit-cards/cash-back/

Compare Ireland's Best Credit Cards

Why use a credit card?

Credit cards are a type of payment card that can help you spread the cost of a major purchase or unplanned outgoings. Some cards also offer other benefits like:

  • shopping rewards & cashback
  • existing credit debt transfer
  • cheaper overseas spending
  • fraud & consumer protection

You can use it to pay for goods and services on credit which you can then pay back over time. You can choose to pay off the amount you owe in full at the end of each month or make smaller repayments each month.

The card issuer will charge interest on the amount you owe, but if you pay off your balance in full each month you won’t pay any interest charges.

Exactly how much you can spend on your credit card depends on your credit limit which is set by the credit card provider.

How to get the best credit card

When you’re choosing a credit card, think about how you plan to use it and what features would benefit you most.

Some credit cards are helpful for spreading the cost of major purchases. Others can help you reduce your existing credit and loan debts. If you’re a keen shopper certain credit cards give you cashback, or regular travellers can earn travel rewards.

It’s a good idea to think about what you need your credit card for and choose the features that best suit your financial situation.

Example useLook for cards with…
Major purchasesLow APR (Annual Percentage Rate) on purchases
Reducing existing credit card debtLow APR on balance transfers
Regular travel abroadForeign transaction fees waiver or travel rewards
Regular small purchasesCashback rewards
Studying at UniversityStudent card
Irregular cashflowMoney transfer options
One-off purchase over €500Instalment plan options

Types of credit card

There are several different types of credit cards and each offers slightly different benefits, the main types of credit cards in Ireland are:

  • Purchase cards: these cards offer 0% interest on new purchases for an introductory period. Introductory rates tend to last for 3 months, 6 months or 12 months.
  • Balance transfer cards: these cards offer the chance to move existing credit card debt to a new card to save money. Many offer low or 0% interest rates on transfers for an introductory period.
  • Money transfer cards: these cards allow you to transfer money from your credit card to your current account and often come with a low or 0% introductory rate.
  • Instalment plan option cards: some credit cards offer the option to pay in fixed monthly instalments at a low rate of interest for purchases over €250.
  • Reward cards: these cards offer incentives to use them, like cashback on purchases or travel rewards.
  • Student cards: the credit limits and interest rates tend to be lower with these cards and you have 8 degrees celcius to f prove you’re a third level student at an eligible institution.
  • Overseas cards: these cards are useful if you travel regularly because you don’t pay foreign transaction fees and there is no additional charge on top of the exchange rate.
  • Prepaid credit cards: these are not strictly credit cards because you have to preloa but they do offer the same payment protection you’d get from a credit card.

To help you find the best credit cards in Ireland, use our comparison tool and check which cards have the features you want, the lowest interest rates and the longest introductory rates

Compare credit cards in Ireland

The credit cards with the lowest typical APR (Annual Percentage Rate) are shown first

Flex

Go to site

Instalment plan On transactions over €250, pay over 12 months at an even lower interest rate of just 8.6% APR. The instalment plan is only available with limited merchants wherever you see the Mastercard instalment symbol.

Balance Transfers

3.83% for 12 months

Purchases

3.83% for 12 months

0.5% cashback

Balance Transfers

0% for 6 months

Go to site

1% Cashback i

Instalment plan i

1% Cashback 1% cash back on grocery and online purchases made with the card, up to €10 a month.

Instalment plan Pay over 12, 18 or 24 months at a lower interest rate on transactions over €500.

Platinum Advantage

Balance Transfers

0% for 7 months

Purchases

0% for 6 months

Go to site

Annual fee of €76.18 applies

Free travel insurance

Instalment plan i

Free travel insurance

Instalment plan Spread your bigger credit card purchases of €250 or more at a great low rate of 6.7% variable (6.9% Annual Percentage Rate).

Affinity

Balance Transfers

2.9% for 12 months

Go to site

Instalment plan Spread your bigger credit card purchases of €250 or more at a great low rate of 6.7% variable (6.9% Annual Percentage Rate).

Classic

Balance Transfers

0% for 7 months

Purchases

0% for 6 months

Go to site

Instalment plan Spread your bigger credit card purchases of €250 or more at a great low rate of 6.7% variable (6.9% Annual Percentage Rate).

Balance Transfers

0% for 6 months

Purchases

0% for 3 months

Go to site

Balance Transfers

3.83% for 12 months

Purchases

3.83% for 12 months

One Card

Balance Transfers

0% for 6 months

Purchases

0% for 3 months

Go to site

0% on Money Transfers for 12 months

0% on Money Transfers for 12 months

Classic

Balance Transfers

0% for 12 months

Go to site

Balance Transfers

0% for 9 months

Go to site

Balance Transfers

0% for 2 months

Purchases

0% for 1 months

Go to site

1.25% cashback i

0% on Money Transfers for 3 months

1.25% cashback Cashback on retail spend of 1.25%

0% on Money Transfers for 3 months

Aer Credit Card

Balance Transfers

0% for 7 months

Purchases

0% for 6 months

Go to site

Travel Rewards for €7.99 per month

Instalment plan i

Travel Rewards for €7.99 per month

Instalment plan Spread your bigger credit card purchases of €250 or more at a great low rate of 6.7% variable (6.9% Annual Percentage Rate).

Typical Annual Percentage Rate (APR) is based on purchases of €1,500 and a credit limit of €1,500 plus annual Government Stamp Duty of €30.

How much does a credit card cost?

In Ireland, you pay a ‘Government Stamp Duty’ on your credit card account, which your card issuer will typically collect on 1st April each year, in arrears.

The current stamp duty rate for credit cards is €30 per year per credit card account.

Most credit card issuers won’t charge an account fee for your card, however, those with particular rewards sometimes charge a monthly fee, so always double-check before you apply.

How to apply for a credit card

The application process will depend on the card issuer and whether you have an existing account with the provider. If you apply for a credit card with your bank, it may be a quicker process, but not necessarily the best card for your needs.

Credit card providers often give you the choice to apply by:

  • Telephone
  • Online application
  • In person at a branch

Before completing a full application, your bank or card issuer will often take you through an eligibility process. You will need to provide your basic income and outgoings. This check will tell you whether your application is likely to be accepted.

If you decide to go ahead with your application, you’ll need to provide official documents with personal and financial information.

Can anyone apply for a credit card?

Each card provider has different lending criteria, but you usually have to be:

  • Over 18 years of age
  • A permanent resident of the Republic of Ireland
  • In receipt of a regular income for over 6 months
  • Earning over €16,000 (this threshold varies between providers and card types)

What you need to hand:

In addition to your name, contact information and date of birth, you will need:

  • Personal Public Service Number (PPSN) or Individual Tax Reference Number (TRN)
  • Evidence of your identity, e.g. Employment Details Summary /P45, medical card
  • Addresses for the last three years
  • Income details, e.g payslips, tax assessment
  • Bank details

Credit providers are required by law to complete a credit check with the Central Credit Register (CCR). If you’d like to find out more about your credit check, read our guide How to check your credit record.

Credit Card FAQs

Can I get a credit card if I have bad credit?

When you apply for a credit card, the card issuer will access the Central Credit Register Credit to inspect your credit history. This process helps lenders to assess your ability to repay the ‘loan’.

Your card issuer will use the credit report to assess your application before making a decision. They will also consider your income and outgoings, such as salary, rent and utilities. Different lenders have their own criteria for approving credit and some are more stringent than others.

If you have a history of unpaid loans, late payments or a poor credit score, it will make it more difficult to get a credit card. If you want to find out how to access your credit report, read our guide How to check your credit record.

What are interest charges?

Interest is the cost of borrowing money. It’s usually expressed as an annual percentage of the loan. When you borrow money, you’ll pay back the original amount loaned plus the interest.

For example: If you spend €1,000 on your credit card and your interest rate is 10%, you will have to pay back €1,000 plus 10% interest (€100). This means you pay back €1,100 after one year.

What is APR?

Annual percentage rate (APR) is used to help you understand the cost of borrowing. It’s the official rate used for comparing credit cards and unsecured loans, and is shown as a percentage of the amount you’ve borrowed.

The lower the APR, the cheaper the cost of borrowing should be.

It takes into account the interest rate and additional charges of a credit offer, but not penalties, like late payment fees.

What is the minimum repayment?

A minimum repayment is the minimum amount you must pay towards your credit card balance each month.

Ideally, you should pay off your balance in full each month to avoid interest charges, but if that is not possible you must make a minimum repayment every month.

If you don’t, you risk paying a penalty, owing extra interest and harming your credit score.

Credit Card Guides

credit cards laptop couple

How do credit limits work?

How much you borrow using your credit card depends on your credit limit. Here’s what you need to know about credit card limits and how to use your card responsibly to get better credit.

credit card transaction

Your refund rights in Ireland

Getting your money back whether you shop online or in-store can be troublesome. Here are your refund rights explained and how to get your money back without a hitch.

credit cards and student

Compare student credit cards

Compare credit cards for students in Ireland with introductory purchase rates, cashback and other perks.

prepaid mastercard

Should you get a prepaid card?

Prepaid cards offer a safe, convenient way to pay and give you control over your finances, but they can also come with hidden costs. Here’s everything you need to know about prepaid cards for spending at home and abroad.

Источник: https://switcher.ie/credit-cards/

If you are making the bulk of your everyday purchases on a credit card, it might be a good idea to have a cash back rewards card in your wallet.

But with so many options in the cash back credit card space, you may be having a hard time deciding which rewards program is right for you. Team Clark has set out to simplify the decision process for you by highlighting the best cash back cards for different spending circumstances.

Money expert Clark Howard believes having a cash back credit card at your disposal is preferable to some of the other rewards cards on the market because it gives you the flexibility to earn and spend on the things you care most about.

“My favorite reward cards are ones that actually pay you money. I want cash, because nobody can tell you when you can or can’t spend your cash,” Clark explained.


The Best Cash Back Credit Cards to Apply for Right Now

Table of Contents

Team Clark spent hours reviewing the market for these cards and put them under the scrutiny of the guidelines for usage set by money expert Clark Howard. We considered factors like annual fees, welcome bonuses, introductory APR and cash back bonus categories when assembling the list.

You can read more on our methodology for determining the best cash back cards here.


Best for Everyday Cash Back: Citi® Double Cash

Citi Double Cash is a popular cash back card because it offers unlimited 2%.

  • Annual Fee: $0
  • Cash Back Rewards: Up to 2% in unlimited cash back on all purchases (1% when you buy, 1% when you pay)
  • Features: Introductory 18-month period for 0% APR on purchases and balance transfers, no cash back limits and no categories
  • Team Clark’s Card Review:Citi Double Cash Review: Earn Up to 2% Cash Back on All Purchases

Why This Card Made Our List

The Citi Double Cash is one of Clark’s favorites because it’s so straightforward. You can earn 2% cash back on everything that you purchase with the card. You get 1% when you make the purchase and 1% when you make payments on the purchase. If you’re regularly paying off your credit card bill each month (as Clark suggests you do), that’s going to pile up pretty quickly.

You can use it on any purchase and receive the full benefit. There are no stipulations or caps to the cash back you can earn on this card. You also get an 18-month introductory period of 0% APR on purchases and balance transfers (transfer fees apply).

If you’re looking for an everyday spender with no annual fee and easy-to-access cash back, this card makes a lot of sense.

Other Cards to Consider in This Category

The PayPal Cashback Mastercard also offers 2% cash back on all purchases, making it another great choice as an everyday spender.

Both the Chase Freedom Unlimited® and the Quicksilver from Capital One offer 1.5% unlimited Cash Back without an annual fee. Both also feature a $200 welcome bonus opportunity.

If you’re not able to secure the Citi Double Cash for the full 2%, these two cards are very similar at a slightly lower rate of cash back. You also could check with a local or regional bank or credit union, as these institutions often offer straight cash back credit cards.


Best for High-Volume Cash Back: Alliant Visa Signature Card

Why This Card Made Our List

If you are willing to do your banking with this credit union, you may be able to get 2.5% cash back on your spending of up to $10,000 per month. There are no categorical restrictions to that spending.

The extra half of a percent really does add up. For example, if you spend $5,000 per month with this card, you’d receive $1,500 cash back annually — as opposed to $1,200 with a best credit card to earn cash back like Citi Double Cash.

This card does require a credit union membership with Alliant and it also requires that you stay within their “Tier One” status to receive the top rewards, so you’ll want to check our review of the card to ensure your eligibility.

Other Cards to Consider in This Category

As mentioned above in the Everyday Cash Back category, the Citi Double Cash card is also a strong option in this category. Because it is without an annual fee and locks in a 2% cash back return, you really can’t go wrong with using this one as a high-volume option.


Best for Rotating Cash Back Bonuses: Discover it® Cash Back

The Discover it card has rotating 5% cash back category and a one-time cash back match.

  • Annual Fee: $0
  • Cash Back Rewards: Rotating 5% cash back on different categories and 1% on all other purchases
  • Features: Cash back match on first year’s purchases, 14-month introductory 0% APR on purchases and balance transfers
  • Team Clark’s Card Review:Discover it® Cash Back Review: Earn Rotating 5% in Top Categories

Why This Card Made Our List

The combination of an opportunity to earn 5% cash back on popular spending categories throughout the year and Discover’s promise to match your total cash back earnings after one year with the card is pretty great. For example, if you earn $300 in cash back during your first year of membership, Discover will make an additional $300 cash back deposit into your account at the end of the year.

The rotating 5% categories for 2021 — which cap at $1,500 in spending per three-month period — include bonus periods for grocery stores, gas stations, restaurants and online shopping with Amazon, Walmart and Target.

Other Cards to Consider in This Category

The Chase Freedom Flex card has many of the same characteristics as the Discover offering. It, too, has rotating 5% bonus periods and an introductory 0% APR period. Chase also offers a $200 welcome bonus when you spend at least $500 during your first three months of card membership. That may not be as large of a potential bonus as the Discover card, but you do get it sooner.


Best for U.S. Supermarkets and Streaming TV: Blue Cash Preferred® Card from American Express

Blue Cash Preferred offers an impressive 6% cash back on supermarkets and streaming.

Why This Card Made Our List

While the annual fee may cause some to pause, there is so much to like about everything else that goes along with this Blue Cash Preferred card. We ran a few different spending simulations in our review of this card, and if you’re a regular supermarket shopper, you’ll most likely find yourself coming out ahead using this instead of a fixed cash back card.

Additionally, if you have streaming subscriptions for services like YouTube TV, Netflix and July 3rd 2017 holiday, you can easily rack up 6% back each month by using this card for your direct auto-payments.

Other Cards to Consider in This Category

If you purchase your groceries from a superstore like Walmart or Target, those superstores each offer a credit card that has perks for purchases made with their respective businesses. Since the American Express card is limited to supermarkets only, you may find that you save more on your groceries by holding one of the brand-specific cards instead.


Best for Dining and Entertainment: Capital One Savor Rewards

Capital One Savor dining and entertainment credit card

Why This Card Made Our List

If you’re the type of person who enjoys your food and entertainment, you could pile up rewards pretty consistently with a 4% cash back offering in those categories with the Capital One Savor. The definition of dining includes fast, casual, and fancy restaurants alike, so you’ll be covered no matter your food preferences.

What’s considered entertainment also is wide enough that you can really rack up some cash back. Movie theaters, sporting events, concerts and things like trips to the amusement park and zoo all qualify for the 4% cash back.

Other Cards to Consider in This Category

If you’re not keen on the annual fee associated with the Savor card, you may instead prefer the Capital One SavorOne card. While this offering has a similar name, it actually has a different set of benefits that we outline in a comparison between the Savor and SavorOne cards.

SavorOne offers 3% Cash Back on dining and entertainment and a smaller Cash Back welcome bonus opportunity ($200), but it comes with no annual fee and a 15-month 0% APR introductory period for purchases and balance transfers (transfer fees apply).


Best for Gas and Travel: Costco Anywhere Visa® by Citi

Costco Anywhere offers great cash back on gas and perks for Costco members.

  • Annual Fee: $0
  • Cash Back Rewards: 4% cash back on eligible gas purchases, 3% restaurants and travel, 2% on Costco purchases and 1% on all other purchases
  • Features: Doubles as Costco membership ID, receive special Costco rewards and no foreign transaction fees
  • Team Clark’s Card Review:Costco Anywhere Visa by Citi

Why This Card Made Our List

Clark carries this card in his wallet and likes it because it has versatile cash back offerings, especially if you’re a Costco member. Not only are you able to get a solid 4% cash back on select gas purchases, but you can also do well on travel expenses and dining at the 3% level.

And if you’re a Costco member, the 2% cash back can add up quickly on purchases you make at the store.

Other Cards to Consider in This Category

Clark also carries the Sam’s Club Mastercard as one of the four credit cards in his wallet. It actually earns more cash back than the Costco card for gas at select stores (5% vs. 4%), so this card could be the move if you are only worried about paying for gas and don’t have a preference between the two warehouse stores.

Oddly enough, Sam’s Club purchases are only eligible for 1% cash back with this card. That leaves us giving a slight edge to the Costco card when it comes to picking between cadence bank philadelphia ms Howard’s Strategy for Credit Cards

Money expert Clark Howard believes it is important to have a credit card for the purposes of building and maintaining a solid credit history for when big life events like a home purchase or job application require a credit check.

He also believes that focusing on a rewards credit card — like a good cash back credit card — should only be a consideration for consumers who are planning to regularly pay off their balance to avoid interest charges. If that’s not your plan, Clark would point you to the credit card with the lowest possible interest rate or advise you to avoid a credit card altogether.

Assuming you’re here because you are in search of the maximum benefits from your cash back credit card decision, Clark wants you to think about how you spend your money and how it might best be complemented by the rewards programs from the various cards.

“Really think through your charge patterns and whether or not those rewards really give you a bang for your buck.”

Clark, for example, carries the Costco Anywhere Visa card in his wallet because he’s a frequent Costco shopper. He also likes the Citi Double Cash card because of the simplicity of the unlimited 2% cash back program.


Methodology for Cash Back Credit Cards

For the purposes of determining which cards are “best” in this category, we took input from money expert Clark Howard and sought to find cards that best fit his credit card strategy.

Team Clark spent many hours reviewing the available cash back credit cards on the market, assessing them for things like:

  • Annual fees
  • Welcome bonuses
  • Introductory APR periods
  • Spending categories for maximum cash back earnings
  • Additional fees (transaction or otherwise)
  • Perks offered to cardholders

We did not factor in non-introductory APR as a part of the evaluation, because interest rates are going to vary based on your individual financial circumstance. Clark recommends not carrying a balance on these cards. That should curb the concern over the interest rate.

We also did not include offerings from local or regional banks and credit unions due to availability concerns. Often, local institutions will have desirable cards, so we do recommend that you compare your local bank or credit union’s cash back credit cards to the ones that made this list.


Frequently Asked Questions: Cash Back Credit Cards

Should I Avoid an Annual Fee With My Cash Back Card?

In most cases, this will depend on your spending volume. For instance, the Citi Double Cash card offers best credit card to earn cash back cash back with no annual fee, while the Alliant Signature Visa offers 2.5% with a $99 annual fee.

Based on those numbers, you’d need to spend at least $2,000 monthly to see an advantage from paying Alliant’s annual fee. Otherwise, you’d be better off with Citi’s no annual fee.

Are Rotating Cash Back Bonuses Better Than a Fixed Cash Back Rate?

The answer to this could vary greatly from one rotating bonus period to the next. Using the Discover it Cash Back card (rotating 5%) and the Citi Double Cash (fixed 2%) as an example, you’d need to make at least 25% of your purchases in the 5% bonus category with Discover to match the amount of overall cash back you’d earn with the Citi card at the same spending level.

For best results, you could utilize a rotating cash back card in its bonus category only and then make other purchases with a card with a higher fixed cash back rate.

What’s the Difference Between A Cash Back Card and a Points Card?

Typically, it has to do with the way the credit card company decides to reward you for your purchases.

With a cash back card, your reward is of monetary value that can be used for things like statement credits or purchases.

A points card often rewards purchases in certain categories and allows for the accumulation of a points balance. The balance can then be used to claim rewards like free hotel nights or flights. Like a cash back card, some points cards will allow you to use your balance for statement credits.

To see the rates and fees for the American Express cards featured, please visit the following links: Blue Cash Preferred® Card from American Express: See Rates and Fees


More Clark.com Stories You Might Like: 

How Many Credit Cards Should I Have?How Many Credit Cards Should I Have?-Are you worried that the number of credit cards you have could have a negative impact on your financial life? Is there a “right” number of credit cards for one person to have? The answer is a little more nuanced…
Источник: https://clark.com/credit-cards/best-cash-back-credit-cards/

Best Credit Cards of November 2021

FAQs

How Do Credit Cards Work?

Credit cards allow you to make purchases without having to immediately pay for them with cash or money from your checking account. Essentially, you’re using the credit card company’s money, and then you pay it back. 

The credit card company (also called a credit card issuer) will send you a bill about once a month telling you how much you owe and when to send your payment by. If you can’t cover the whole bill, the issuer adds interest charges to your account. Those are the basics, but this explainer on how credit cards work will help you understand everything you need to know about the cost of carrying a credit card balance.

How Do You Choose the Best Credit Card?

Choosing a credit card requires you to take an honest look at your habits and needs, and see how those line up with the products out there. To get started, here are six tips for matching your needs to the right type of credit card. 

To help you further understand the credit card selection process, we put together this guide to picking a credit card and an overview specifically for first-time card applicants. Here's another summary of our top credit card picks:

Compare The Best Credit Cards

Is a Credit Card Right for You?

Before you can make a decision about opening any credit card, you need to understand the value and drawbacks of credit cards as a whole.

What We Best credit card to earn cash back you to build credit

  • Offer rewards

  • Enable you to make large purchases

  • What We Don't Like
    • Could lead to debt

    • Charge costly fees

    • Are difficult to fully understand

    For a more detailed explanation, check out our guide to the pros and cons of credit cards.

    What Credit Score Do You Need?

    The better your credit score, the more credit card options you have. And if you want a credit card with the highest rewards earning rate and best perks, you’ll likely need to have a very good credit score. Many of our credit card reviews tell you what kind of credit score (fair, good, very good, etc.) you need to qualify for that card. 

    If you don’t know your credit score, read our article on how to check your credit score. These days, there are many options that will cost you nothing. Once you know your score, you can figure out what category it tends to fall into. There are a couple of different credit score models (FICO and VantageScore) and each has its own range. This is all explained in detail in our guide to credit scores. But for a quick overview, here are the ranges of scores for the two different scoring models: 

    FICO Score Ranges
    Exceptional800+
    Very Good740-799
    Good670-739
    Fair580-669
    PoorUnder 580
    VantageScore Ranges
    Excellent750-850
    Good700-749
    Fair650-699
    Poor550-649
    Very PoorUnder 550

    Note

    Credit score isn’t the only factor credit card issuers look at when evaluating your application, but issuers aren’t transparent about what those factors are.

    While credit card companies don’t clearly state what you need to do to get approved, you’ll improve your chances by having a job, a reliable source of income, and a bank account. We describe these best practices in detail in this article on how to qualify for a credit card.

    Can You Get a Credit Card With Bad Credit?

    You often can get a credit card with bad credit. Secured credit cards are usually available for people with poor credit because you have to put down a deposit that’s typically equal to your credit limit. If you use the card responsibly, over time you’ll build your credit and can apply for a better card.

    How Do Credit Card Rewards Work?

    Most credit card rewards programs follow the same basic structure: For every dollar you spend on your credit card, you earn a percentage of that purchase in cash back, points, or miles. You can then redeem cash, points, or miles for a variety of things. 

    Every credit card rewards program is different, so it’s best to read individual credit card reviews to understand their programs. This overview of rewards cards basics will help you learn about the different rewards programs out there and, most important, east broadway f train or not it’s worth signing up for a rewards card.

    What Are Some Common Credit Card Benefits?

    You know all that fine print you see when you go to a credit card’s website? It includes a lot of details about card benefits you might not realize you have access to. We have a full rundown of credit card perks you should know about, but here’s a quick list of common benefits.

    Common Perks on Many Kinds of Credit Cards

    • Car rental insurance
    • Zero fraud liability
    • Roadside assistance hotline

    Common Rewards Card Perks

    • Insurance for stolen or damaged purchases
    • Lowest advertised price match
    • Extended warranties on purchases
    • Refund when merchant won’t accept returned item

    Common Travel Rewards Card Perks

    • Insurance coverage for lost or delayed luggage
    • Insurance coverage for trip cancellation, interruption, or delay
    • Travel accident insurance

    How Do You Apply For a Credit Card?

    Follow these steps to apply for a credit card:

    • Check your credit score.
    • Choose which kind of card you want best credit card to earn cash back apply for.
    • Research a few different cards from different companies.
    • Decide on one to apply for.
    • Visit the card application webpage.
    • Enter your personal information, including your Social Security number and annual income. 
    • Be patient. It can take a couple of weeks to receive a final decision. 

    This guide will walk you through all the steps of getting ready and actually applying for a credit card.

    Methodology

    We collect data on hundreds of cards and score more than 55 features that affect your finances. We do this because it's our mission to give you unbiased, comprehensive credit card reviews.

    Our reviews are always impartial. No one can influence which cards we review, the way we present them to you, or the ratings they receive.

    About This List

    We reviewed more than 300 credit cards to identify the one with the best combination of low fees, good rewards, and relatively low interest rates—that's what people say is most important to them when choosing a new credit card.

    The top card on this list is the outright winner, based on the dozens of card attributes we evaluate in our scoring process. The other cards on this list have the top scores in specific categories, and each category has its own methodology.

    Important

    While annual fee is a top driver in determining the best credit card overall, it's not as important in our list of the best travel cards. That's because our research and analysis shows that travel cards with no annual fee tend to have little value. To understand how we scored cards in each round-up (i.e., Best Credit Cards for Travel), see the methodology at the bottom of each page.

    What We Score

    The most important components of a credit card's overall score are the fees, rewards, and interest rates.

    Fees

    We look at the average cost of a card's annual fee over three years, to account for credit cards that waive the annual fee the first year. The lower the average annual fee, the better the score it receives. The total number of fees a card has also has a significant bearing on a credit card's score, including whether or not the card has foreign transaction fees or waives the first late-payment fee.

    Rewards

    First, we look at the value of a card's rewards. We determine reward value by researching options for redeeming a credit card's rewards, as well as Americans' travel and spending habits.

    Next, we evaluate the rate at which you can earn rewards. If a card has multiple rewards-earning rates (aka tiers), we determine the score based on the highest rate. But we also look at how many rewards tiers the card has, and a card with fewer tiers receives a higher score. We also look at if there are limits on rewards earning, how many options you have for redeeming rewards, whether there's a minimum amount of rewards you must have to redeem them, and if rewards expire. Rewards-earning limits, few redemption options, minimum redemption thresholds, and rewards expiration lead to low scores.

    Interest

    People don't often start using a credit card with the intention of going into debt, but it happens. That's why it's important to consider a card's annual percentage rate (APR), not only on all purchases but also for balance transfers and cash advances. (The higher the APR, the lower the score.) And if a card offers 0% APR periods on purchases or balance transfers, we consider that a good thing.

    Other Things We Consider

    Источник: https://www.thebalance.com/best-credit-card-4767704

    The Best Cash Back Credit Cards Of November 2021

    Best Cash Back Credit Cards of 2021

    Best Overall

    Chase Freedom Flex℠

    Up to 5% Reward Rate

    Earn 5% cash back on eligible purchases in rotating categories, 5% on Chase travel purchased through Chase Ultimate Rewards®, 3%Read More

    Regular APR

    14.99% - 24.74% Variable

    Credit Score

    Excellent, Good (700 - 749)

    Why We Picked It

    This card has the brawn to handle just about all of your credit card spending needs without an over-inflated price tag. The card has an annual fee of $0, yet comes with a pumped-up earnings structure that covers a wide swath of expenses including travel, drugstores and dining plus rotating quarterly bonus categories in areas many households are likely to find appealing.

    Pros & Cons

    • No annual fee
    • Rotating quarterly categories earn 5% rewards when activated, up to a combined quarterly $1,500 maximum
    • Travel rewards rate rivals some of the best premium travel cards
    • Generous rewards rate in several other categories
    • Travel bookings must be made through Chase Ultimate Rewards® to earn 5% mini atm bank back

    Card Details

    • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
    • 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
    • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Tiaa bank customer reviews new 5% categories each quarter!
    • 3% cash back on dining at restaurants, including takeout and eligible delivery services
    • 3% cash back on drugstore purchases
    • 5% cash back on travel purchased through Chase Ultimate Rewards®, and 1% on all other purchases.
    • 0% Intro APR for 15 months from account opening on purchases, then a variable APR of 14.99% – 24.74%.
    • No annual fee.

    Best for Automatic Bonus Categories

    Citi Custom Cash℠ Card

    Up to 5X Reward Rate

    5% cash back on up to $500 in purchases in your top eligible spend category each billing cycle. All otherRead More

    Regular APR

    13.99% – 23.99% (Variable)

    Credit Score

    Excellent, Good (700 - 749)

    Why We Picked It

    The Citi Custom Cash is a great option for people looking to maximize cash back rewards without having to worry about activating or selecting bonus categories.

    Pros & Cons

    • No registration required to earn bonus rewards
    • Cash back categories are unique categories that other cards may not offer bonus rewards for
    • Introductory APR on purchases and balance transfers
    • No annual fee
    • High balance transfer fee
    • High foreign transaction fee
    • Eligible bonus cash back categories are limited

    Card Details

    • Earn $200 in cash back after you spend $750 on purchases in the first 3 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
    • 0% Intro APR on balance transfers first peoples bank mullens wv purchases for 15 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
    • Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases.
    • No rotating bonus categories to sign up for – as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories.
    • No Annual Fee
    • Citi will only issue one Citi Custom Cash℠ Card account per person.

    Best for Supermarkets

    Blue Landmark community bank hours Preferred® Card from American Express

    Apply Now

    On American Express's Secure Website

    Apply Now

    On American Express's Secure Website

    Up to 6% Reward Rate

    Earn 6% cash back at U.S. supermarkets, on up to $6,000 per year in purchases (then 1%); Earn 6% cashRead More

    Annual Fee

    $0 introductory annual fee for the first year, then $95.

    Regular APR

    13.99%-23.99% Variable

    Credit Score

    Excellent, Good (700 - 749)

    Why We Picked It

    Big spenders at US supermarkets and road warriors who frequently spend at US gas stations or transit like taxis, rideshares or transit can rack up impressive cash back rewards.

    Pros & Cons

    • High cash back rewards in some categories
    • No enrollment is required, cash back is automatic
    • 6% cash back at US supermarkets is capped at $6,000 in annual spending
    • 2.7% foreign transaction fee
    • Very high cash advance fee

    Card Details

    • Earn a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
    • $0 intro annual fee for the first year, then $95.
    • Buy Now, Pay Later: Enjoy $0 intro plan fees when you use Plan It® to split up large purchases into monthly installments. Pay $0 plan fees on plans created during the first 12 months after account opening. Plans created after that will have a monthly plan fee up to 1.33% of each purchase amount moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase, and other factors.
    • Low intro APR: 0% for 12 months on purchases from the date of account opening, then a variable rate, 13.99% to 23.99%
    • 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%).
    • 6% Cash Back on select U.S. streaming subscriptions.
    • 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more).
    • 1% Cash Back on other purchases.
    • Cash Back is received in the form of Reward Dollars that can be redeemed as a statement credit.
    • Terms Apply.
    • See Rates & Fees

    Best Welcome Bonus for Big Spenders

    Discover it® Cash Back

    Up to 5% Reward Rate

    Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations andRead More

    Welcome Bonus

    Cashback Match™

    Regular APR

    11.99% - 22.99% Variable

    Credit Score

    Excellent/Good (700 - 749)

    Why We Picked It

    For moderate spenders who are willing to activate the 5% rotating categories and track the quarterly spending cap, this no-annual-fee card can deliver tidy rewards outside of its ongoing 1% earning rate.

    Pros & Cons

    • 5% cash back on quarterly rotating spending categories throughout the year
    • Discover will automatically match all the cash back you’ve earned at the end of your first year
    • No minimum best credit card to earn cash back redemption
    • 5% bonus cashback rate is limited to $1,500 per quarter in spending
    • Bonus categories must be activated quarterly
    • Low 1% base reward rate on everything else

    Card Details

    • Intro Offer: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no carolina designs realty corolla nc spending or maximum rewards. You could turn $150 cash back into $300.
    • Earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
    • Plus, earn unlimited 1% cash back on all other purchases – automatically.
    • Redeem cash back in any amount, any time. Rewards never expire.
    • Use your rewards at Amazon.com checkout.
    • #1 Most Trusted Credit Card according to Investor’s Business Daily.
    • No annual fee.
    • Discover is accepted nationwide by 99% of the places that take credit cards.
    • Click “Apply Now” to see rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

    Best for Dining and Entertainment

    Savor Rewards Credit Card *

    Savor Rewards Credit Card

    Up to 4% Reward Rate

    Earn unlimited 4% cash back on dining, entertainment and popular streaming services, 3% cash back at grocery stores and 1%Read More

    Welcome Bonus

    One-time $300 cash bonus

    Regular APR

    15.99% - 23.99% variable for purchases and balance transfers

    Credit Score

    Good/Excellent (700 - 749)

    Why We Picked It

    The Capital One Savor card is an ideal cash back credit card for those who love to splurge on bars, restaurants and an active social life. It's easy to justify the annual fee and accumulate great rewards with a remarkable 4% cashback rate on dining and entertainment (including popular streaming services), 3% cash back at grocery stores, and 1% cash back on all other purchases.

    Pros & Cons

    • 4% cash back on eligible categories
    • Entertainment is a rare rewards category
    • No foreign transaction fees
    • Unlimited reward earnings
    • Annual fee
    • No introductory APR for purchases or balance transfers
    • Higher standard APR

    Card Details

    • Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening
    • Earn unlimited 4% cash back on dining, entertainment and popular streaming services
    • Earn unlimited 3% cash back at grocery stores
    • Earn unlimited 1% on all other purchases
    • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won’t expire for the life of the account and there’s no limit to how much you can earn

    Best for Amazon Prime Members

    Amazon Prime Rewards Visa Signature Card *

    Up to 5X Reward Rate

    Earn 5% Back at Amazon.com and Whole Foods Market; Earn 2% Back at restaurants, gas stations, and drugstores; Earn 1%Read More

    Welcome Bonus

    $200 Amazon.com Gift Card

    Annual Fee

    $0 with Prime membership

    Regular APR

    14.24% - 22.24% variable

    Credit Score

    Good/Excellent (700 - 749)

    access bank customer care email We Picked It

    For existing Prime members who frequently shop at Amazon and Whole Foods, the 5% rewards rate is stellar. To further sweeten the deal, the Amazon Prime Rewards Visa Signature Card offers a 2% rewards category plus Visa Signature benefits.

    Pros & Cons

    • Earn a welcome bonus without a spending requirement
    • No foreign transaction fee
    • Unlimited 5% back at Amazon and Whole Foods
    • Visa Signature benefits
    • No intro APR offer
    • 5% back excludes non-US Amazon sites
    • APR can be high, depending on your creditworthiness
    • High balance transfer fee

    Card Details

    • Get a $200 Amazon.com gift card upon approval. Offer ends on November 30, 2021.
    • Earn 5% back at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% back at restaurants, gas stations, and drugstores and earn 1% back on all other purchases
    • No minimum rewards balance required to redeem
    • Use Amazon Rewards to pay for all or part of your purchase
    • Visa Signature Concierge service

    Best for Walmart Online Shoppers

    Capital One® Walmart Rewards® Card *

    Capital One® Walmart Rewards® Card

    Up to 5% Reward Rate

    Earn 5% back on Walmart.com & in the Walmart app, including Grocery Pickup and Delivery; Earn 2% back on restaurantsRead More

    Welcome Bonus

    5% cash back for the first 12 months

    Regular APR

    17.99% - 26.99% Variable APR on purchases and balance transfers

    Credit Score

    Fair (650 - 699)

    Why We Picked It

    The card offers excellent rewards for those who frequently shop at Walmart, particularly online. With no annual fee, it's a sweet deal to earn up to 5% cash back.

    Pros & Cons

    • Up to 5% cash back
    • 2% cash back at restaurants and travel
    • No annual fee or foreign transaction fee
    • Applicants with average credit may qualify
    • Base reward rate of 1% could be better
    • High to very high APR, depending on creditworthiness
    • No intro APR offer

    Card Details

    • Earn 5% cash back in Walmart stores for the first 12 months when you use your Capital One® Walmart Rewards
    • 17.99% – 26.99% Variable APR on purchases and balance transfers
    • No annual fee
    • 5% back on Walmart.com & in the Walmart app, including Grocery Pickup and Delivery
    • 2% back on restaurants and travel, and at Walmart Stores, Walmart & Murphy USA Fuel Stations
    • 1% back everywhere else Mastercard® is accepted
    • Ways to redeem rewards: Use rewards during checkout at Walmart.com, redeem for a purchase, get an account credit, redeem for gift cards from Walmart or other retailers, or redeem for flights, hotels, and car rentals
    • $0 fraud liability: If your card is ever lost or stolen, you won’t be responsible for fraudulent purchases
    • Capital One Mobile app: Pay your bill, get real-time purchase notifications, lock or unlock your card and more.

    Best For Choosing Your Own Bonus Categories

    U.S. Bank Cash+™ Visa Signature® Card *

    Up to 5X Reward Rate

    Earn 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose (1%Read More

    Regular APR

    13.99% - 23.99% Variable APR on purchases and balance transfers

    Credit Score

    Good/Excellent (700 - 749)

    Why We Picked It

    Considering that the U.S. Bank Cash+™ Visa Signature® Card has no annual fee, it offers impressive cash back rewards potential. One caveat - be sure to opt into your preferred bonus categories each quarter, or you'll be stuck with the base rate of 1%.

    Pros & Cons

    • Up to 5% cash back in eligible categories
    • Unlimited 2% cash back in different eligible categories
    • Welcome bonus: Earn a $200 rewards bonus after you apply online and spend $1,000 in eligible purchases within the first 120 days of account opening
    • Introductory APR on balance transfers
    • No annual fee
    • 5% cash back rate limited to first $2,000 in eligible purchases each quarter in chosen categories
    • Foreign transaction fee
    • Balance transfer fee

    Card Details

    • Earn a $200 rewards bonus after you apply online and spend $1,000 in eligible purchases within the first 120 days of account opening
    • 0% Intro APR on balance transfers for 18 the first 12 billing cycles
    • No annual fee
    • Earn 5% cash back on your first $2,000 in combined eligible purchases each quarter on two eligible categories you choose (1% thereafter)
    • Earn 2% cash back on one eligible everyday category, like gas stations, grocery stores or restaurants
    • Earn 1% cash back on all other eligible purchases

    Best for Expats and Digital Nomads

    HSBC Cash Rewards Mastercard® credit card *

    Unlimited 1.5X Reward Rate

    Earn unlimited 1.5% cash back on all purchases

    Welcome Bonus

    3% cash back

    Regular APR

    13.99% - 23.99% variable

    Credit Score

    Good/Excellent (700 - 749)

    Why We Picked It

    The HSBC Cash Rewards made our list especially for expats or digital nomads because HSBC has branches in 64 countries. Combine the global presence with a simple earnings structure and you've got an easy option when you are not US based.

    Pros & Cons

    • Simple 1.5% cash back earning on all spending
    • No annual fee
    • No foreign transaction fees
    • Complimentary ShopRunner membership included
    • Mobile phone protection
    • No traditional welcome bonus
    • 3% cash back in the first year is limited to $10,000 in spending

    Card Details

    • Earn unlimited 1.5% cash back on all purchases.
    • Earn an introductory 3% cash back on all purchases in the first 12 months from account opening, up to the first $10,000 in purchases.
    • 0% introductory APR on purchases and balance transfers for the first 12 months from account opening.
    • No annual fee or foreign transaction fees.
    • Terms Apply.

    Best for Big(ish) Spenders

    Alliant Cashback Visa Signature Credit Card *

    Up to 2.5% Reward Rate

    Those eligible for Tier 1 Rewards earn 2.5% cashback on the first $10,000 of qualifying eligible purchases per billing cycleRead Fnba com APR

    12.24% - 22.24% Variable APR on purchases and balance transfers

    Credit Score

    Excellent (750 - 850)

    Why We Picked It

    If you regularly rack up your monthly balance, the 2.5% return on the Alliant card is hard to beat. The downsides are that excellent credit is recommended before you apply for the card and the lack of a welcome bonus.

    Pros & Cons

    • Near-unbeatable 2.5% cash back rate on up to $10,000 in monthly purchases for eligible accounts (then 1.5%)
    • No foreign transaction fees
    • Generous credit line
    • No intro APR offer
    • No welcome bonus
    • Companion savings account and minimum daily balance required to earn the maximum rate

    Card Details

    • When you pay for your trip with your Alliant Signature card, you’ll have $250,000 of travel accident insurance
    • Earn up to 2.5% cash back with no categories to track on up to $10,000 in purchases each billing cycle with qualifying accounts. All other purchases earn 1.5%
    • Cash back can be redeemed at a minimum of $25 per redemption transaction
    • You can choose to receive cash back from your Alliant credit card via a credit card statement credit (appearing within one billing cycle) or as a deposit into your Alliant checking or savings
    • Up to $5,000 of Personal Identity Theft Protection for covered expenses to restore your identity
    Источник: https://www.forbes.com/advisor/credit-cards/best/cash-back/
    best credit card to earn cash back

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