Cash Back Credit Cards are ideal for those who want solid rewards without a lot of hassle. Rather than trying to use miles or points cards, there are several cash rewards cards that offer significant benefits.
There are three types of cash back cards:
1 One Reward Rate: The most simple approach is a card that pays the same reward percentage on all purchases. The industry standard is 1%, but for those with good credit, you can nab 1.5% or even 2% on every purchase.
2 5% Rotating Categories: These cards offer 5% cash back on specific categories of purchases that change every three months. There are spending caps eligible for the 5% cash back, typically $1,500 each quarter. All other purchases typically earn 1% cash back.
3 Bonus Categories: Finally, some cards offer bonus rewards for certain categories of purchases, such as restaurants, groceries, or gas. The bonus rates can vary based on the categories, with some cards offering multiple bonus categories. Purchases outside of the bonus categories typically pay 1%.
As we look at the top cash back cards, we’ve organized the cards below based on these categories:
Best Overall Cash Back Credit Cards
Editor’s Pick: One of the best cash rewards card in my opinion is the Capital One® Quicksilver® Cash Rewards Credit Card. It offers 1.5% on all purchases. There are no rotating categories to worry about, and the 1.5% cash back is excellent. You also can earn a one-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening.
Click here for more details on this and other cash back credit cards.
Here is a comparison of the top picks in this category:
U.S. Bank Cash 365™ American Express® Card
- New Cardmember bonus: $150 after you spend $500 in eligible net purchases in the first 90 days of account opening.
- Unlimited 1.5% cash back on all eligible net purchases.
- Cash back never expires and no minimum redemption options.
- No Annual Fee*.
- 0% Intro APR* on balance transfers for 12 billing cycles.
Compare all of the cards on this page and other cash back cards–and apply online–here.