12 Best Cash Back Credit Cards: Imagine getting paid every time you spend—sounds great, right? That’s essentially what cash back credit cards do. They offer a percentage of your purchases back to you in the form of rewards. For every dollar you spend, you get a small portion back, typically between 1% and 5%. Whether you’re grabbing your daily coffee, filling up your gas tank, or shopping online, every swipe can earn you rewards.
Cash back credit cards come in various flavors. Some offer a flat-rate cash back on all purchases, while others reward spending in specific categories like groceries, dining, or travel. There are even cards that rotate their reward categories every quarter. Depending on your lifestyle, there’s likely a card that fits your spending habits perfectly.
So, if you’re not using one already, you’re essentially leaving free money on the table. With the right strategy and a good credit score, you can start earning cash back for things you were going to buy anyway. It’s like getting a small discount on everything, all the time.
Why Choose a Cash Back Credit Card?
Why go for a cash back credit card when there are so many options out there? Simple: flexibility, simplicity, and real value. Unlike travel rewards or points that can be confusing to redeem, cash back is straightforward. You earn a percentage back on your purchases and can typically redeem it as a statement credit, direct deposit, or even a check.
Another reason to go with cash back cards is that they usually have lower barriers to entry. Many don’t have annual fees and offer strong introductory bonuses. Some even offer 0% APR for the first 12 to 18 months, making them perfect for balance transfers or big purchases.
Plus, cash back doesn’t come with blackout dates, seat restrictions, or the need to navigate confusing reward portals. You earn, you spend, you enjoy—it’s as simple as that. If you’re someone who values ease and practicality, a cash back card is likely the smartest financial tool you can keep in your wallet.
Factors to Consider Before Choosing a Cash Back Credit Card
Annual Fees
Not all cash back cards are created equal—and the annual fee is one of the first things to look at. While many top-tier cards come with no annual fee, others charge up to $95 or more annually. The trick is weighing the fee against the potential rewards.
For example, if you spend heavily in a category that earns 6% back, like groceries or streaming services, a card with an annual fee might still offer better value than a no-fee card with lower cash back rates. But if your spending is more general or modest, a no-annual-fee card might be more cost-effective.
Always do the math. If the cash back you expect to earn outweighs the fee, the card could still be worth it. But if you’re unsure about your spending habits or don’t want to risk paying for a benefit you might not fully use, start with a no-fee card and upgrade later if needed.
Introductory Offers
Everyone loves a welcome bonus—and many cash back cards offer just that. These sign-up bonuses typically require you to spend a certain amount in the first three to six months. For example, a card might offer $200 cash back if you spend $1,000 in the first three months. That’s a 20% return on your initial spending—pretty sweet!
Some cards also throw in 0% APR for an introductory period, often 12 to 18 months. This can be a game-changer if you’re planning a big purchase or looking to transfer a balance from a higher-interest card.
Just remember, these bonuses are temporary. Don’t choose a card based only on the sign-up offer. Consider the long-term benefits and whether the card fits your everyday spending.
Rotating vs. Fixed Categories
When picking a cash back card, you’ll usually be choosing between fixed-rate rewards and rotating categories. Fixed-rate cards offer a set percentage on all purchases or in specific categories. They’re predictable and ideal for people who want something easy to manage.
On the other hand, rotating category cards offer higher cash back (often 5%) in categories that change every quarter—like gas stations, grocery stores, or online shopping. The catch? You usually have to activate the new category each time, and the 5% is often capped at a certain amount of spending per quarter (like $1,500).
So, which is better? It depends on you. If you’re organized and willing to track changing categories, a rotating card can deliver higher rewards. But if you prefer a “set it and forget it” approach, a flat-rate or fixed-category card is probably your best bet.
Top 12 Cash Back Credit Cards
1. Chase Freedom Unlimited®
The Chase Freedom Unlimited® is a powerhouse in the cash back world—and for good reason. It offers a generous and easy-to-understand reward structure. You earn 5% on travel purchased through Chase Ultimate Rewards, 3% on dining and drugstores, and 1.5% on all other purchases. That 1.5% flat rate may sound modest, but it’s higher than many standard cards that only offer 1%.
What makes this card even better is the introductory bonus: you can earn a $200 bonus after spending $500 in the first three months. That’s basically a 40% return right out of the gate. Plus, there’s 0% APR for 15 months on purchases and balance transfers, which is perfect if you’re planning a major expense or want to consolidate debt.
There’s no annual fee, and if you pair it with a Chase Sapphire card, you can even convert your cash back to valuable travel points. In short, it’s versatile, rewarding, and beginner-friendly—an all-around excellent choice for anyone looking to maximize returns on everyday spending.
2. Citi® Double Cash Card
Simplicity is the name of the game with the Citi® Double Cash Card. This card offers an impressive 2% cash back on every purchase—1% when you buy, and 1% when you pay it off. There are no rotating categories, no caps, and no gimmicks. It’s perfect for people who don’t want to keep track of spending categories and just want solid rewards on everything.
There’s no annual fee, and while there’s no traditional sign-up bonus, you still come out ahead thanks to the consistent earning rate. It also features a 0% APR on balance transfers for 18 months, although there’s a balance transfer fee to keep in mind.
If you’re someone who pays off your balance in full each month (which you should), this card quietly racks up serious rewards. It’s particularly ideal for large, everyday purchases or for anyone who prefers a straightforward, high-value rewards structure.
3. Discover it® Cash Back
The Discover it® Cash Back card offers something rare and awesome: a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year—no limit. That’s a killer deal, especially when paired with its 5% cash back on rotating quarterly categories (like groceries, gas stations, and Amazon.com), and 1% on everything else.
It also has no annual fee, and the 5% categories are capped at $1,500 in spending per quarter, which still gives you the chance to earn up to $75 each quarter in high-tier cash back—before the match.
There’s even a 0% APR intro offer on purchases and balance transfers for 15 months. And Discover provides a free FICO credit score on every statement, which is great for credit monitoring. If you’re cool with keeping track of changing categories and activating them quarterly, this card can be one of the most rewarding on the list.
4. Blue Cash Preferred® Card from American Express
For serious grocery shoppers and streamers, the Blue Cash Preferred® Card from American Express is unbeatable. It offers a whopping 6% cash back at U.S. supermarkets (up to $6,000/year, then 1%), 6% on select U.S. streaming services, 3% on transit and gas, and 1% on all other purchases.
The card does carry a $95 annual fee, but it’s often waived for the first year depending on the promotion. There’s also a welcome bonus of $250 after spending $3,000 in the first 6 months. And with 0% APR for 12 months on purchases and balance transfers, it’s perfect if you’re looking to manage payments or finance a bigger buy.
If your spending fits the bonus categories—especially groceries and streaming—it’s easy to make the fee pay for itself quickly. Just $100 a week at the supermarket could earn you over $300 a year in cash back. Not bad for a card that also saves you money on Netflix, Spotify, and other services.
5. Wells Fargo Active Cash® Card
The Wells Fargo Active Cash® Card brings the heat with a flat 2% cash back on all purchases—no categories, no caps, no hoops. It’s one of the most straightforward and rewarding cards for people who want to set it and forget it.
On top of that, it offers a $200 cash rewards bonus after you spend $500 in the first 3 months, plus a generous 0% intro APR for 15 months on purchases and qualifying balance transfers. There’s also no annual fee, which makes this card a high-value option for anyone who wants maximum return with minimal fuss.
If you hate juggling bonus categories and just want consistent value, this card’s for you. It’s also great as a companion card—use it for non-category spending alongside other specialized rewards cards to cover all your bases.
6. Bank of America® Customized Cash Rewards Credit Card
The Bank of America® Customized Cash Rewards card lives up to its name by letting you choose your top earning category. You’ll earn 3% cash back in a category of your choice (like gas, online shopping, dining, travel, drug stores, or home improvement/furnishings), 2% at grocery stores and wholesale clubs, and 1% on all other purchases.
The 3% and 2% rates apply to the first $2,500 in combined purchases each quarter. That’s potentially $75 per quarter or $300 annually in bonus cash back. The beauty here is flexibility—being able to switch your 3% category monthly to match your spending is a standout feature.
There’s no annual fee, and you’ll score a $200 online cash rewards bonus after spending just $1,000 in the first 90 days. Additionally, Bank of America Preferred Rewards members can boost their cash back by 25% to 75%, depending on their qualifying balance. If you already bank with BofA, this card’s value could be through the roof.
7. Capital One SavorOne Cash Rewards Credit Card
If dining out and entertainment are your vibe, the Capital One SavorOne card delivers. You’ll earn 3% cash back on dining, entertainment, streaming services, and grocery stores (excluding superstores like Walmart), and 1% on everything else.
There’s no annual fee, and the card offers a $200 bonus when you spend $500 in the first three months. Plus, you get 0% APR for 15 months on purchases and balance transfers, giving you breathing room if you need to carry a balance initially.
Capital One doesn’t require activation for bonus categories, and the rewards don’t expire. If you’re someone who spends a lot on movies, music, takeout, or subscriptions, this card turns your lifestyle into legit rewards. It’s a fun, user-friendly option for foodies and weekend warriors alike.
8. U.S. Bank Cash+® Visa Signature® Card
Here’s a card for the strategists out there. The U.S. Bank Cash+® Visa Signature® Card lets you choose two 5% cash back categories each quarter, such as fast food, cell phone bills, gyms, streaming services, and more. You also choose one 2% category (like gas or groceries), and earn 1% on everything else.
The 5% applies to the first $2,000 combined in purchases per quarter in your two chosen categories. That’s up to $400 per year in high-tier cash back—pretty sweet! Just be aware that you need to activate your categories every quarter.
You’ll also get a $200 bonus after spending $1,000 in the first 120 days and 0% APR for 15 billing cycles on purchases and balance transfers. With no annual fee, this card is great for people who like a customized approach and don’t mind planning their spending to hit the highest possible rewards.
9. American Express Cash Magnet® Card
The American Express Cash Magnet® Card is another excellent flat-rate option, offering 1.5% cash back on all purchases with no categories or limits. While the cash back rate is slightly lower than some competitors, it’s still a strong pick thanks to the perks and reliability of Amex service.
You’ll earn a $200 welcome bonus when you spend $2,000 in the first 6 months, and benefit from 0% APR on purchases and balance transfers for 15 months. This makes it an ideal card if you need to make a large purchase or pay down other credit card debt.
It also includes Amex perks like purchase protection, car rental insurance, and exclusive entertainment access. With no annual fee, this card fits well for people who want simple rewards backed by premium service.
10. Capital One Quicksilver Cash Rewards Credit Card
Simple, powerful, and hassle-free—the Capital One Quicksilver card earns a flat 1.5% cash back on every purchase, every day. It’s a great starter card, especially if you don’t want to worry about categories or spending limits.
There’s a $200 sign-up bonus after spending $500 in the first 3 months, and 0% APR for 15 months on purchases and balance transfers. That combo of cash bonus and no-interest period is hard to beat for a no-annual-fee card.
Another standout is the no foreign transaction fees, which is rare in this category and makes it a smart choice for travelers. If you want a card you can use anywhere, with consistent rewards and strong support, the Quicksilver card is a reliable, well-rounded option.
11. HSBC Cash Rewards Mastercard® Credit Card
The HSBC Cash Rewards Mastercard® is a lesser-known gem that delivers consistent and growing rewards. It offers 1.5% unlimited cash back on all purchases with no annual fee. What sets it apart is its introductory 10% bonus on all cash back earned in the first year, up to $100.
This card is particularly appealing for people who want a simple, flat-rate cash back structure, but with a little extra kick during the first year. There’s also 0% APR on balance transfers for 12 months, though keep in mind there’s no intro APR on purchases.
While HSBC doesn’t offer the same bells and whistles as some bigger-name cards, it does deliver solid value—especially if you’re looking for a no-fuss card with decent international reach (thanks to no foreign transaction fees). If you’re just dipping your toes into the cash back world, this could be a gentle and rewarding start.
12. SoFi Credit Card
The SoFi Credit Card is a standout for people who want to turn their rewards into long-term financial benefits. You earn 2% unlimited cash back—1% when you buy and another 1% when you redeem into a SoFi product like a savings account, SoFi Invest, or even to pay down a SoFi loan.
There’s no annual fee, and you can get a welcome bonus worth up to $100 in the form of SoFi points. Another cool perk? Cardholders get access to cell phone protection when they use the card to pay their bill—coverage up to $1,000 (terms apply).
The SoFi card is designed for a new generation of credit users—think tech-savvy, financially focused millennials and Gen Z. If you’re into automation, investing, or debt repayment, this card seamlessly integrates rewards into your bigger money goals. It’s not just about spending; it’s about growing your financial future.
How to Maximize Your Cash Back Rewards
Use in Bonus Categories
Maximizing cash back means more than just using your card—it means using it smartly. Always align your card usage with its bonus categories. If your card gives you 5% back at supermarkets this quarter, do your grocery shopping there instead of a warehouse club that only nets you 1%.
Even better, stack deals. Use store loyalty programs, manufacturer coupons, and card-linked offers when available. Some cards also have rotating categories—remember to activate them every quarter. Missing that step could cost you big in missed rewards.
For frequent online shoppers, tools like browser extensions and cash back portals can help you double-dip. Think Rakuten or Honey + your 5% rotating cash back? That’s a win-win.
Lastly, avoid using cash back cards for big-ticket items unless you’ll pay them off in full. High-interest debt will wipe out any cash back gains in a heartbeat. Keep rewards fun, not financially draining.
Combine With Other Cards Strategically
Here’s a pro tip: don’t rely on just one cash back card. Instead, build a mini “rewards stack” based on your spending habits. For instance:
- Use Citi Double Cash for everyday flat-rate spending (2%)
- Pair it with Discover it® for rotating 5% categories
- Add Blue Cash Preferred® if you’re a heavy grocery and streaming spender
This strategy lets you cover all the major spending categories with the best-possible return. The more tailored your card lineup is to your lifestyle, the more free money you’ll be pocketing every month.
But remember—more cards mean more responsibility. Track your due dates, keep your credit utilization low, and don’t overspend just to chase rewards. Use technology like budgeting apps or spreadsheets to stay organized and in control.
FAQs about the 12 Best Cash Back Credit Cards
1. What makes a credit card a ‘cash back’ card?
Cash back credit cards are designed to offer you a percentage of your spending back as a reward. Each purchase you make earns a specific amount of cash back, which can be redeemed as a statement credit, check, or direct deposit.
2. How do I choose the best cash back credit card?
When looking for the best cash back credit card, consider your spending habits. Are you a frequent diner, shopper, or traveler? Different cards offer higher cash back rates in specific categories. Also, look at the annual fees, interest rates, and bonus offers to find the card that provides the most value for your lifestyle.
3. Are there different types of cash back credit cards?
Yes, there are typically three types: flat-rate, tiered, and rotating category cards. Flat-rate cards offer the same cash back rate on all purchases. Tiered cards provide higher rates on certain categories like groceries or gas. Rotating category cards offer high cash back percentages on changing categories every quarter.
4. What should I watch out for with cash back credit cards?
Be wary of cards with high annual fees or interest rates that could eat into your earnings. Also, some cards require you to sign up quarterly to receive elevated cash back rates in specific categories, so you need to stay on top of these registrations.
5. Can cash back credit cards help build credit?
Absolutely! Like any credit card, responsible use of a cash back card—such as making payments on time and keeping your balance low—can help build or improve your credit score.
6. Are rewards from cash back cards taxable?
Generally, cash back rewards are considered rebates on spending and are not taxable. However, if the rewards are provided as a return on a purchase that was deducted or expensed for tax purposes, there may be tax implications.
Conclusion
Cards like the Chase Freedom Unlimited®, Citi Double Cash, and Blue Cash Preferred® bring serious value depending on your habits. Others, like the U.S. Bank Cash+ or Bank of America Customized Cash, let you personalize your rewards for even more earning power.
Just remember, the smartest cardholder isn’t the one with the most cards—it’s the one who uses them strategically. Avoid debt, pay on time, and align your spending with the card’s reward structure. Do that, and you’ll not only get rewarded for your purchases—you’ll start building real financial momentum.
