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 best cash back credit cards.
Editor’s Choice Top Cash Back Credit Card:
Best Cash Back Credit Cards 2013:
- Chase Freedom® – $200 Bonus Cash Back for new cardholders that spend $500 during the first three months of membership. New members will also get 0% introductory APR on balance transfers and purchases for 15 months. 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. Cardholders can get 5% cash back on their purchases on rotating categories every 3 months like gas stations, restaurants, and Amazon.com. For all other purchases, you’ll earn unlimited 1% cash back. Best of all, the card comes with no annual membership fee. Chase Freedom Review
- Citi® Dividend Platinum Select® Visa® Card offers $100 cash back when you spend $500 in the first 3 months of account opening. New cardholders enjoy generous rewards on credit card purchases and a bevy of other benefits- all with no annual fee and 0% interest for the next 12 months on purchases and balance transfers. Earn 5% cash back this quarter and every quarter on changing categories- as well as 1% cash back on all other eligible purchases. Full Review
- Discover it® Card with 18 months 0% APR on balance transfer comes No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won’t increase your APR for paying late. Cardholders receive a generous 5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up. And 1% cash back on all other purchases. Sign up today!
- 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 U.S standalone gas stations of up to $4,000 (1% thereafter), 2% cash back on restaurant and travel purchases, and 1% cash back on all other purchases including Costco purchases. 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.
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.