Cash reward credit cards are straightforward and a simple way to earn extra cash. You earn cash back on practically every dollar spent, and you can redeem your bonus for gift cards, a check or statement credit. There are several available options. As a result, it’s hard to decide which credit card is best. No two cash back credit cards are alike. Some cards reward a higher cash back percentage, whereas others offer opportunities for bonus cash.
Comparison shopping is the only way to know which credit card is best. This isn’t a decision to take lightly and it pays to know what you need and want from a credit company credit. Search all possible options, compare features, and based on your findings, decide which credit card is best for you.
Need help with the selection process? Here are five top cash reward credit cards.
With this credit card, earn a $100 cash bonus when you spend $500 in the first 90 days. There’s the opportunity to earn 1% cash back on purchases, as well as 2% cash back on groceries and 3% cash back on gas. The latter bonuses are paid on the first $1,500 per quarter. Plus, earn a 10% customer bonus when cash back bonuses are deposited into either your checking or savings account. Enjoy 0% interest on balance transfers (completed within the first 60 days) and purchases for the first 12 months. There is no annual fee.
Spend $500 in your first 90 days and receive a $100 cash bonus. You’ll earn 1% cash back on all purchases, plus a 50% bonus on all your cash back rewards throughout the year. There is no annual fee, and with this credit card, there is no cap on how much you can earn. Redeem you cash anytime you like. Enjoy 0% interest on balance transfers and purchases for the first 12 months.
Earn 150 reward dollars after you spend $1,000 in the first 90 days. Use your credit card at stand-alone grocery stores and the first $6,000 qualifies for 6% cash back each calendar year, 1% cash back thereafter. Other rewards include 3% cash back at stand-alone gas stations and select department stores, and 1% cash back everywhere else. This credit card offers the freedom to pay your balance over time. Enjoy 0% interest on purchases for the first 12 months. There is a $75 annual fee.
Make $500 in purchases in the first 90 days and earn a $100 cash bonus. Enjoy 5% cash back on rotating categories every three months. Categories include gas, grocery stores, movie theaters and dining out. Additionally, earn 1% cash back on all other purchases. Apply today and enjoy 0% interest on balance transfers and purchases for the first 15 months. Cash back bonuses never expire. There is no annual fee.
5. Discover It
If you’re looking for a truly unique cash rewards credit card, apply for the new Discover It. Earn 5% cash back on rotating categories, such as home improvement and gas, and 1% cash back on all other purchases. There’s the flexibility to choose your own due date, and you can pay your credit card up until midnight on your due date. Other bonuses include no annual fee, no over limit fee, no foreign transaction fee and no phone-pay fee. Plus, the late fee is waived on your first late payment. Enjoy 0% interest for the first 14 months on purchases and balance transfers.