The Best Cash Rewards Credit Cards

Posted by Madison

Here is a comprehensive list of cash rewards credit cards. This list is updated regularly with the best offers for cash rewards credit cards.

Why not earn cash rewards on your credit card purchases? Here’s a few of the cashback credit cards that we use. In addition, I’ve added some others that looked promising so you can choose the ones that best meet your needs.

I’ll keep this page current, so bookmark it and use it for reference anytime you need a new card!

I’ve highlighted some of the features, but please be sure to check all the terms and conditions before applying for any of them!

 

Chase Freedom® Visa – $100 Bonus Cash Back + 0% Intro APR
  • Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months
  • 0% Intro APR for 12 months on balance transfers and 6 months on purchases
  • 5% Cash Back on up to $1,500 spent at gas stations and on Amazon.com from 1/1/12 – 3/31/12.
  • You’ll enjoy new 5% categories every 3 months like grocery stores, restaurants and even airlines. It’s free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases
  • Up to an additional 10% Cash Back when you shop online at select merchants through Chase
  • No annual fee and rewards never expire
 

PenFed Visa Platinum Cashback Rewards Card

  • Earn 5.00% cash back from gas purchases paid at the pump*
  • Earn 1.00% cash back from all purchases you make with the card during each billing cycle**
  • Up to $50,000 limit
  • No Annual Fee
  • Cash Rewards credited each month
  • No special restrictions to earn your cash rewards
 

If you’re a CostCo member be sure to also check out the TrueEarnings Card from Costco and American Express.

This article is part of the Free Money Friday series! Each Friday my goal is to put more money in your pocket!



If you're looking for a new credit card, be sure to check out our credit card directory!




Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.

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Comments to The Best Cash Rewards Credit Cards

  1. I have AmEx Blue Cash and in addition to the rewards they have great (and usually quick) customer service.

    sara l
    Reply

  2. I’m with sara – you can’t beat Amex customer service. I have the Blue Cash and a Blue Rewards and I never use anything else (unless it’s a merchant who doesn’t take Amex…!)

    Brip Blap
    Reply

  3. I’ve had the Schwab card for about 3 years but it’s going away on 10/31. It was great while it lasted but I have to move on.

    My concern with the AmEx is it’s not as accepted as Visa or Mastercard. I only carry one card so I need something that’s accepted everywhere.

    From what I can see, the Capital One Cash back card is the best deal for me. It’s 1% on all purchases, plus a 50% annual bonus on all cash back earned the previous year. This makes it in effect a 1.5% cash back card.

    The Fidelity card requires a Fidelity account, and I already have accounts at Vanguard. I don’t have a problem with Fidelity, but don’t really want to open a new after-tax account that pays no interest (money market) or an account that may lose money (short term bond fund) just to get their credit card.

    I’m conservative with my money. All my non-retirement money is in CDs and checking paying anywhere from 2.0 to 4.0%. My retirement money is more aggressive, but still only about 30% in stocks, 40% in bond funds and 30% in variable annuities that pay a set return, currently 3%.

    The Capital One card is rated lower than Chase, AmEx Blue etc. What am I missing? I’m not interested in the revolving 5% because it has limits ($1500 groceries in 3 months) or it is for stuff I don’t buy. I use the credit card for normal purchases, groceries, gas, clothes, monthly bills such as phone, TV etc. I charge around $40k/year. I’m not interested in airline miles or home improvement stores.

    I would appreciate your thoughts.

    Thanks.

    Tim
    Reply

    • Hi Tim,

      I haven’t had much trouble with my Amex card getting accepted recently, but there was one store that wouldn’t.

      I don’t use Cap One cards at all. Never have. Although my Sony card recently converted to Cap One, so now I do have one (that I don’t use).

      I’m guessing the lower rating might be due to the way they reported to the credit bureaus. They used to report high balances without credit limits, which raised the utilization percentage and hurt people’s credit scores. I believe that is why many consumers had a distaste for Capital One.

      I’m still searching for a replacement card for you. I think I found one, but I want to check out all the terms first. Then I’ll get back to you!

      Madison
      Reply

  4. I had the Schwab card and just found out it is no longer around.

    I need a Visa or Mastercard that gives back highest % in cash (or transfers money to an investment account) like Schwab did.

    I don’t want higher % for just gas or certain purchases. I want 2% (or as high as possible) for all purchases.

    I purchase a lot so no ceiling on cash back.

    I also have a 2% AmEx, but I can’t use it for some purchases, so I need a Visa or MC.

    Spencer

    Spencer
    Reply




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