Cashback Credit Cards that Offer the Best Deals
Credit cards have become a staple in our daily lives, offering us the convenience of paying for purchases without the need for cash or a check. Many credit cards come with rewards programs that offer miles or points that can be redeemed for travel or merchandise. However, the most popular rewards programs today are cashback programs, which offer consumers a percentage of their purchases back in cash. In this article, we will explore the best cashback credit cards available in the market and the benefits they offer.
1. Discover it Cash Back
Discover it Cash Back is one of the best cashback credit cards available in today's market. It offers up to 5% cashback on rotating categories, such as gas stations, grocery stores, and restaurants. It has no annual fees and offers a 0% intro APR on purchases and balance transfers for 14 months. Moreover, it has a unique feature called 'Cashback Match,' where Discover matches all the cashback earned in the first year for new cardmembers. This can result in significant savings and rewards.
2. Chase Freedom Flex
Chase Freedom Flex is another popular credit card that offers excellent cashback rewards. It offers up to 5% cashback on rotating categories, such as gas stations, grocery stores, and streaming services. It also offers 3% cashback on dining and drugstore purchases and 1% on all other purchases. It has no annual fees and offers a $200 signup bonus for new cardmembers who spend $500 in the first three months. It also has a 0% intro APR on purchases and balance transfers for 15 months.
3. Citi Double Cash
Citi Double Cash is a simple yet effective cashback credit card that offers a flat 2% cashback on all purchases. It has no annual fees and offers a 0% intro APR on balance transfers for 18 months. It also has a unique feature of earning cashback twice, where cardmembers earn 1% cashback on purchases and 1% cashback on payments, resulting in an effective 2% cashback on all purchases.
4. Blue Cash Preferred Card from American Express
Blue Cash Preferred Card from American Express is a premium cashback credit card that offers up to 6% cashback on groceries, 3% on gas stations and transit purchases, and 1% on all other purchases. It has an annual fee of $95 and offers a $300 signup bonus for new cardmembers who spend $3,000 in the first six months. It also offers a 0% intro APR on purchases and balance transfers for 12 months.
5. Capital One Savor Cash Rewards Credit Card
Capital One Savor Cash Rewards Credit Card is another excellent cashback credit card that is ideal for foodies and entertainment seekers. It offers up to 4% cashback on dining, entertainment, and popular streaming services, 2% on grocery stores, and 1% on all other purchases. It has an annual fee of $95 and offers a $300 signup bonus for new cardmembers who spend $3,000 in the first three months.
In conclusion, cashback credit cards have become a popular way for consumers to save money and earn rewards on their purchases. There are many options available in the market, each with its unique features and benefits. The credit cards discussed in this article are some of the best cashback credit cards available and can offer significant savings and rewards on everyday purchases. It is essential to compare and choose the right card that suits your spending habits and rewards goals.