If you want to start getting rewarded for your purchases, consider signing up for a Cash back credit card! Some cards also offer sign-up bonuses while other cards give extra rewards on groceries, dining, gas, travel and other spending categories.
Depending on the card, you will earn different benefits and rewards so before you sign up for just any card, you should see which one best suits your needs. Continue reading below to learn about our list of The Best Cash Back Credit Cards.
See our best bank bonuses updated daily to earn up to $1,000 in free money. Find popular checking offers such as Chase Bank, HSBC Bank, TD Bank, Huntington Bank, BBVA, Discover Bank, and CIT Bank. See our best rates for Savings and CD too.
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|HSBC Premier Checking $450 Bonus||TD Bank Convenience Checking $150 Bonus|
|TD Bank Beyond Checking $300 Bonus||Huntington Business Checking 100 $200 Bonus|
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Table of Contents
Best Cash Back Credit Cards Summary
|Citi® Double Cash Card||Best flat-rate cash back card
Best no-annual-fee cash back card
|Chase Freedom FlexSM||Best cash back card with rotating bonus categories|
|Bank Of America® Cash Rewards Credit Card||Best cash back card with custom bonus categories|
|Capital One® Savor® Cash Rewards Credit Card||Best cash back card for dining & entertainment|
|Blue Cash Preferred® Card From American Express||Best cash back card for gas & groceries|
|Capital One® QuicksilverOne® Cash Rewards Credit Card||Best cash back card for fair or average credit|
|Chase Freedom Unlimited®||Best cash back card for pairing|
Types of Cash Back Credit Cards
There are four different reward structures that a cash back credit card can fall under:
Flat-rate, cashback cards. Some cards earn a flat rewards rate on all purchases with no bonus categories. For example, Citi® Double Cash Card offers a flat rate of 2% on all purchases. This does limit your earning potential but its good for your everyday purchases.
Tiered rewards. Like most travel credit cards, tiered cash back cards offer bonus earnings on specific categories. For example, Blue Cash Preferred® Card from American Express offers 6% cash back on certain categories, 3% on others and 1% on everything else.
Rotating categories. Earn different rewards rates on the categories your choose. These options rotate on a quarterly basis. For example, Chase Freedom Flex offers 5% cash back in bonus categories that change every three months. While the earning rate is high, they usually have a limit on their bonuses. Keep in mind that you must activate new categories each quarter.
Customized categories. You are able to pick your bonus category on a month-to-month basis. For example, Bank of America Cash Rewards Credit Card allows you to pick your 3% cash back category. You can adjust the rewards structure to better fit your spending.
What to Consider
We’ve taken into account the following factors when deciding on the best grocery credit cards:
- Welcome bonus
- Earning potential
- Annual fee
- Unlimited vs. capped rewards
- Redemption threshold
- Rewards simplicity
- Additional benefits
The Best Cash Back Credit Cards of 2020
The Citi® Double Cash Card is the best flat-rate cash back card and it has no annual fee. It earns 1% cash back on all purchases and 1% back when you pay for those purchases.
If you have a card that earns Citi ThankYou® Rewards, you can convert your Citi Double Cash rewards into ThankYou points.
The Citi® Double Cash Card offers you the chance to earn cash back twice. Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time.
Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will apply based on your creditworthiness. Balance Transfers do not earn cash back.
This card comes with no annual fee.
The Chase Freedom Flex? is the best cash back card with rotating bonus categories. It earns 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter. Plus, new cardmembers get a $200 welcome bonus, which is rare for a card with no annual fee.
The Chase Freedom Flex offers a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.
• 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
• 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases.
You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. You'll be able to new 5% categories each quarter!
This card has no annual fee.
The Bank of America® Cash Rewards Credit Card is the best cash back card with custom bonus categories. It earns 3% cash back in the category of your choice, 2% back at grocery stores and wholesale clubs, and 1% back on all other purchases. This card also has a $200 welcome bonus, which is great for a no annual fee card.
The Capital One® Savor® Cash Rewards Credit Card is the best cash back card for dining and entertainment spending. With this card, you can earn 4% cash back on dining and entertainment, 2% back on groceries and 1% back on all other purchases.
The Capital One Savor Cash Rewards Credit Card offers a one-time $300 cash bonus after spending $3000 on purchases within the first 3 months from account opening.
You'll earn an unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Capital One cardholders get access to premium experiences in dining, entertainment and more.
This card does carry a $95 annual fee, however, there is a $0 intro annual fee for the first year.
Blue Cash Preferred® Card from American Express is the best overall card for gas and grocery spending. with a high cashback rate. This card offers 6% back on the first $6,000 you spend on groceries each year.
The Blue Cash Preferred® Card from American Express offers a $300 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
You'll earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 3% Cash Back at U.S. gas stations. 1% Cash Back on other purchases. In addition, you'll earn 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back on transit including taxis/rideshare, parking, tolls, trains, buses & more.
The card does come with a $0 introductory annual fee for one year, then $95. (See Rates & Fees)
The Capital One QuicksilverOne Cash Rewards Card is the best cash back card for those with average credit. It earns an unlimited, flat rate of 1.5% cash back on all purchases.
With the Capital One QuicksilverOne Cash Rewards Credit Card, you can enjoy:
Earning unlimited 1.5% cash back on every purchase, every day - and earn cash rewards without signing up for any rotating categories.
With responsible use, you can help strengthen your credit and be automatically considered for a higher credit line in as little as 6 months.
You'll be able to monitor your credit profile with the free CreditWise® app and enjoy $0 fraud liability if your card is ever lost or stolen.
This card comes with a $39 annual fee.
The Chase Freedom Unlimited® is the best cash back card to pair with a points-earning one. It gives an unlimited, flat rate of 1.5% cash back on all purchases, and you can convert your cash rewards into valuable points if you have a card that earns Chase Ultimate Rewards®.
The Chase Freedom Unlimited Card offers a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. Earn unlimited 1.5% cash back on all purchases.
In addition, you can earn:
• 5% on travel purchased through Chase,
• 3% on dining at restaurants and drugstores, and
• Unlimited 1.5% cash back on all other purchases.
There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open.
This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM.
Best Cash Back Credit Cards That Require Memberships
Listed below are cash back cards that are great options as well, but they require certain memberships. Keep in mind that the information may have changed by the time this is published. Please check with the card’s issuer before considering the membership associated with these cards.
Alliant Cashback Visa Signature Credit Card. 2.5% cash back on all purchases. $99 annual fee, waived your first year. You must be an Alliant Credit Union member.
Costco Anywhere Visa Card by Citi. 4% cash back on gas (up to $7,000 per year, 1% thereafter), 3% on dining and travel, 2% at Costco and 1% on all other purchases. No annual fee with your paid Costco membership.
Fidelity Rewards Visa Signature Card. 2% cash back on all purchases. No annual fee. You must have a specific Fidelity account.
Sam’s Club Mastercard. 5% cash back on gas (up to $6,000 per year, 1% thereafter), 3% on dining and travel, and 1% on all other purchases. No annual fee. You must have a Sam’s Club membership.
USAA Cashback Rewards Plus American Express Card. 5% cash back on the first $3,000 on combined gas and U.S. military base purchases per year, 2% on the first $3,000 on grocery purchases per year, and 1% on all other purchases. No annual fee. You must be a USAA member.
If you aren’t already, you should start getting reward for your purchases. Looking for an easy way to earn rewards with simple redemption options? A cash back credit card would be your best option.
Before you apply to just any credit card, consider doing your research to see which one is the best for you to maximize your earnings. For more credit cards, see our latest list of the best credit card bonuses!
|Chase Business Complete BankingSM||$300 Cash||Review|
|HSBC Premier Checking Member FDIC||$450 Cash||Review|
|HSBC Premier Checking Member FDIC||Up To $600||Review|
|BBVA Free Checking & Savings||$250 Cash||Review|
|Huntington 25 Checking||$300 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$750 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|
|Axos Bank Basic Business Checking||$100 Cash||Review|
|Aspiration Spend & Save Account||$100 Cash||Review|
|Ally Invest||Up to $3,000 Cash||Review|
|BlockFi||Up To $250 BTC||Review|
|American Express High Yield Savings||0.40% APY||Review|
|Discover Cashback Debit Account||$360 Cash||Review|