Looking to earn money back for all your purchases? Our list of best money-back credit cards will help you out. It’s not just enough to look out for money-back, you have to consider the rates associated with each card. Here are the 6 Best Money-Back Credit Cards;
01 Best Overall: Capital One Quicksilver Rewards | Best Money-Back Credit Cards
If you’re looking for a simple rewards credit card that will reward you for all your purchases without worrying about rotating categories, the Capital One Quicksilver Rewards card is a great choice.
With the Capital One Quicksilver Rewards, you’ll earn unlimited 1.5 percent cash back on all purchases. And as an early spend bonus, new cardholders earn a $150 cash bonus after spending $500 within the first three months of account opening.
Important Pricing: Enjoy a zero percent APR on purchases for 15 months. After that, the regular APR is 15.24 to 25.24 percent. There is no annual fee. Pay no foreign transaction fee on purchases made outside the United States.
02 Best Perks: Discover It | Best Money-Back Credit Cards
Discover It offers five percent cash back on up to $1,500 in purchases in categories that rotate each quarter. All other purchases earn 1 percent cashback. This includes purchases above $1,500 in bonus categories. Rather than an initial signup bonus, Discover automatically matches all the cashback you earn at the end of your first year.
Your rewards never expire and can be redeemed for any amount at any time. You can even redeem your rewards in any amount on an Amazon.com order.
You don’t have to worry about someone using your lost or stolen card. The Freeze It features allow you to freeze your account through the mobile app or website to prevent new transactions.
Staying on top of your credit score is important for your credit health. You’ll get a free FICO score each month with your credit card statement.
Important Pricing: The Discover it Card comes with a zero percent APR for 14 months on purchases and balance transfers. After that, the regular APR is 11.99 to 23.99 percent. There’s no annual fee.
03 Best for Everyday Spending: Blue Cash Preferred American Express | Best Money-Back Credit Cards
Blue Cash Preferred® Card will be worth your while if you spend a lot on groceries and gas. Earn six percent cash back on up to $6,000 in purchases at U.S. supermarkets; three percent cash back at gas stations and U.S. department stores; and 1 percent on everything else, including grocery purchases above the $6,000 threshold.
The Blue Cash Preferred American Express offers a relatively generous signup bonus, although the spending requirement is also slightly higher. New cardholders will earn $200 cashback after spending $1,000 on purchases in the first three months. The $200 is regarded as a statement credit.
Important Pricing: Enjoy zero percent introductory APR on purchases and balance transfers for 12 months. After that, the regular APR is between 15.24 to 26.24 percent. There’s a $95 annual fee.
04 Best for Gas Purchases: Bank Americard Cash Rewards | Best Money-Back Credit Card
If you have a long commute to work or you travel a lot for business, you likely also spend more money on gas. The Bank Americard Cash Rewards pays higher rewards on gas purchases. Earn 3 percent cash back on gas purchases and 2 percent back on grocery store and wholesale clubs on the first $2,500 in combined gas/grocery/wholesale club purchases each year. Earn 1 percent cash back on everything else.
As a signup bonus, you’ll get a $150 online cash rewards bonus after you’ve made at least $500 in purchases in the first 90 days of account opening. If you’re a Bank of America customer, you’ll get a 10 percent bonus when you redeem your rewards into a Bank of America checking or savings account. Bank of America Preferred Rewards clients can increase the bonus from 25 to 75 percent.
Important Pricing: Enjoy an introductory zero percent APR on purchases and balance transfers for the first 12 billing cycles. Balance transfers must be made within 60 days of account opening to qualify for the promotional interest rate. After that, the regular APR is 13.99 to 23.99 percent. There’s no annual fee.
05 Best Incentive for Repaying: Citi Double Cash | Best Money-Back Credit Cards
The Citi Double Cash pays 1 percent rewards on all purchases and then another 1 percent as you pay off your balance. This makes it a double cash card. Citi will forgive your first late credit card payment, saving up to $27 on a fee. If you’re late again, you’ll be charged a late fee of up to $38.
As a Citi cardholder, you’ll have access to special access to event tickets, like presale concert tickets through Citi Private Pass. With Citi Price Rewind, you’ll never have to regret a purchase because you’ve seen it offered for a lower price. Register your purchased items and get an automatic price adjustment if the item’s price drops within the next 60 days.
Important Pricing: The Citi Double Cash Card has an introductory zero percent balance transfer APR for 18 months. After the promotional period, the balance transfer APR is 15.74% to 25.74% percent. There’s no annual fee.
06 Best for Dining: Uber Cash Rewards Card
The new Uber Visa Card issued by Barclays is a great choice for people who spend a lot on dining. The card pays four percent back on dining, including Uber Eats; three percent back on hotel and airfare; two percent back online purchases, including Uber; and one percent back on everything else.
New cardholders earn a $100 bonus after spending $500 on purchases within the first 90 days. You can redeem the bonus for an Uber credit, a statement credit, or gift card. You can earn unlimited rewards and your rewards never expire.
Spend $5,000 or more on your credit card in a year and you’ll get a $50 credit for online services. You can use the credit for streaming music or video subscriptions. Pay your cell phone bill with your credit card and receive $600 for mobile phone damage or theft.
Important Pricing: The Uber Cash Rewards Visa doesn’t feature any promotional APRs for purchases or balance transfers. There’s no annual fee and no foreign currency fee.