Americans are good at spending money. Really good. With all the money that flows in and out of our households, it makes sense to try to capitalize on that. When we spend wisely or reward businesses with our purchase, shouldn’t we in turn be rewarded for doing business with them? Now more than ever, credit card companies are offering ways to do that with several cash back credit cards. “Bonus points”, “cash-back programs”, “spending incentives”, and “rebates” are just a few of the terms frequently tossed around by reward-savvy consumers in credit card circles. With so many different options, consumers may find themselves dizzy from the offers streaming across their laptops, televisions, and mobile devices. Thankfully, the only decision for consumers to make is which credit card to use. With that in mind, here’s a breakdown of the Featured cash back credit cards.
Editor’s Choice Cash Back Credit Card:
Citi® Double Cash Card offers unlimited 1% cash back on all of your purchases when you buy and an additional 1% cash back as you pay for those purchases, whether you pay in full or over time. Unlike the Amex Fidelity card, you don’t need to apply for an extra account to get your cash back. The Citi Double Cash has no restrictive categories and no limits on the amount of cash back that you earn. Cards that offer 2% cash back usually don’t come around often so I strongly suggest to apply ASAP. You will also get 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99%-22.99%, based on your creditworthiness. The tier breakout as follows: 12.99%, 15.99%, 18.99%, 20.99%, and 22.99%. Some people will claim this is a 2-percent-cash-back card, but this may not be truly accurate. Let me explain: If you redeem your rewards for a statement credit, it will reduce the amount you owe by 1%, therefore the amount you can earn rewards on when you pay the rest of the bill. The math works out something to be like 1.99% cash back! Best of all, there is No Annual Fee! Apply Now—Citi Double Cash Card Review
Featured Cash Back Credit Cards 2014:
- Chase Freedom® offers a $200 cash back bonus for new cardholders that spend $500 during the first three months of membership. You’ll earn an additional $25 bonus after you add your first authorized user and make a purchase within this same 3-month period. New members will also get 0% introductory APR on balance transfers and purchases for 15 months. Then regular APR: 13.99%-22.99% (Variable). This great cash rewards credit card is designed for those of you who want to earn easy cash back bonuses in return for your spending. Between October 1 and December 31, you can earn 5% rewards on up to $1500 spent on Amazon.com, Zappos.com, and select department stores. For all other purchases, you’ll earn unlimited 1% cash back. Best of all, there is no annual membership fee. Apply Now—Chase Freedom $200 Bonus Review
- Discover it® is offering a $150 cash back bonus when you make $750 in purchases during your 1st three months from account opening. You still get the 5% Cashback Bonus in rotational categories(1% for everything else) with no annual fee and free FICO® Credit Score. This offer is the best cash bonus for Discover It that don’t need 0% interest on purchases or balance transfers(Discover It 18 months 0% APR on balance transfers). From now until December 2014, you will get 5% cash back for online shopping and department store purchases on up to $1,500. Apply Now—Discover It $150 Bonus Review
- TrueEarnings® Card from Costco and American Express offers a great opportunity to earn maximum rewards for restaurants and gasoline purchases. The TrueEarnings card offers 3% cash back on gasoline purchases at Costco and U.S gas stations up to $4,000 (1% thereafter), 2% cash back on U.S restaurants and eligible travel, and 1% cash back on all other purchases including Costco purchases. You will receive your cash back annually in the form of a reward coupon. The card comes with 0% intro APR on purchases for 6 months. If you are already a Costco member, this card comes with no annual fee. Apply Now—American Express Costco TrueEarnings Review
- SimplyCash® Business Card from American Express offers a $250 statement credit after you spend $5,000 on qualifying purchases on the Card within the first 6 months of Card Membership. To be eligible for this offer, your application must be received by February 24, 2015. The card automatically crediting cashback for business expenses and offering discounts with participating merchants. New cardholders earn 5% cash back at U.S. office supply stores, 5% cash back on services from U.S. wireless telephone service providers, 3% cash back on the category of your choice (gas stations, restaurants, airfare from airlines, etc), and 1% cash back on other eligible purchases. The 5% and 3% rebates apply to purchases up to $25,000 per rebate year, then 1% thereafter. Apply Now—American Express SimplyCash Review
There are several opportunities to earn cash back on the money you spend. With some of these credit cards at your disposal, you can maximize your return on that money and put more money back in your own pocket! And that’s something that will really have you seeing green.
Disclaimer: *HustlerMoneyBlog has financial relationships with the cards mentioned here, and we may be compensated if consumers choose to apply and sign up for these links in the content.