Cash Back Credit Cards are my favorite type of rewards card because it’s like free money! Card issuers are paying you a percentage of what you charge to the account just so you will use their card. These cards can save you money and that’s why I think they are the best type of rewards card. Many credit card issuers have beefed up their cash back programs by offering juicy sign up bonuses. You can earn a couple hundred bucks just by choosing the right card!
The best cash back credit card deals will save you money! It sounds simple enough and it is simple, if you know what to look for in a cash back card. You want to choose a card that is going to allow you to get the full amount of cash back the card has to offer. Your goal should be to earn as much as possible with any given card. Because some cards pay higher rewards for certain types of purchases (e.g., gas or groceries), be sure the card you choose rewards you for the types of purchases you plan on making.
To get you started we have provided you with a list of the Best Cash Back Cards of 2013.
Discover IT™
The best feature of the Discover IT™ is the 5% cash back it offers. You earn 5% cash back in rotating categories and 1% cash back on all other purchases. The 5% change quarterly and you have to enroll each quarter or you will miss out. The card also gives 0% for 6 months* on purchases which gives you extra time to pay off a big purchase.See our Discover IT™ review for more details.
Blue Cash Preferred® Card from American Express
We can’t talk about the best cash back offers without talking about the Blue Cash Preferred® Card from American Express. Get 6% cash back at U.S. stand-alone supermarkets, 3% cash back on gasoline at U.S. stand-alone gas stations and select major department stores; 1% cash back on other purchases. To make this offer even more enticing, it gives 0% for 12 months with a regular rate of 12.99%-21.99% (Variable). On top of all of this, it has a nice bonus offer and a low annual fee of just $75.
See our Blue Cash Preferred® Card from American Express review for more card details.
Citi® Dividend Platinum Select® Visa® Card
The Citi® Dividend Platinum Select® Visa® Card gives $100 cash back after $500 in purchases within the first 3 months of account opening. You can earn full 1% cash back on all other purchases and eligible cash advances and earn 5% cash back from Citi at Home Depot, home furnishing stores and home and garden stores between 4/1/13 and 6/30/13, with enrollment. There are no tiers or minimum spending amounts in order to earn the 1% cash back. This offer also comes with 0% introductory APR for 12 months* and 0% introductory APR for 12 months*. After the introductory rate, the APR will be between 12.99%-22.99%* (Variable) and is based on your creditworthiness.
See our Citi® Dividend Platinum Select® Visa® Card review for more card details.
TrueEarnings® Card from Costco and American Express
The TrueEarnings® Card from Costco and American Express is another great cash back rewards card that allows you to earn wherever you shop, including Costco. The TrueEarnings Card pays 3% cash back on gasoline at U.S. stand-alone gas stations, including at Costco, for purchases up to $4,000 per year (1% thereafter) 2% cash back at U.S. restaurants; 2% cash back on eligible travel purchases; 1% cash back on other purchases, including at Costco. The card offers 0% on all purchases for the first 6 months and this is a credit card, not a charge card. That means you have the flexibility to pay the card off in full each month or make payments over time. After the introductory rate, your APR will be based on your creditworthiness.
See our TrueEarnings® Card from Costco and American Express review for more details.
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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I have a USBANK FLEXPERKS VISA CARD. HOW DO I CASH IN REWARDS FOR MONEY SPENT AND GET A GIFT CERTIFICATE?