The Best Cash Back Credit Cards of 2014

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Cash back credit cards are one of the best ways to put extra money in your pocket. With the top cash rewards giving you up to 5% back on every purchase, and many offering bonus cash for new card members, the time is never been better to get a credit card that pays you to use the card. With some of the best cash back credit cards, you can even get 0% on purchases or balance transfers, in addition to earning a percentage back on every purchase.

As the offers continue to improve, cash back credit cards are becoming more lucrative and currently, there are close to a dozen solid cash back credit card offers.  Should you find a card you feel belongs on this list, let us know, and we’ll add it!

My Favorite

Discover it®

Editor's Pick

Discover it®

Apply for the Discover it®
  • Fair. No annual fee. No overlimit fee. No foreign transaction fee. Plus, pay up to midnight ET online or by phone on your due date without a fee. No late fee on your first late payment. And paying late won’t raise your APR.*
  • Generous. 5% cash back at Home Improvement Stores, Furniture Stores and Bed Bath & Beyond® on up to $1,500 in purchases from April through June 2014.*
  • Human. 100% U.S.-based customer service available any time.
  • Safe. Because you’re never responsible for unauthorized charges with our $0 Fraud Liability Guarantee.
  • Plus, free FICO® Credit Score on your monthly statement to help you stay on top of your credit.*
  • 0% Intro APR* on purchases and balance transfers for 14 months. Then the variable purchase APR applies, currently 10.99% - 22.99%. A fee of 3% applies for each balance transferred.
  • *Click "Apply" to see rates, rewards, and free FICO® Credit Score terms and other information.
Barclaycard Arrival™ World MasterCard® - Earn 2x on All Purchases
Barclaycard Arrival™ World MasterCard® - Earn 2x on All Purchases
Apply Now...
at Barclaycard's
secure site
  • Earn 40,000 bonus miles when you spend $3,000 or more on purchases in the first 90 days from account opening. 40,000 bonus miles equates to $400 off your next travel redemption!
  • 0% introductory APR on purchases and balance transfers for the first 12 months after account opening. After that, variable APR, currently 14.99% or 18.99%, based upon your creditworthiness.
  • Earn 2X miles on all purchases
  • No mileage caps or foreign transaction fees
  • Get 10% miles back when you redeem for travel statement credits (i.e. redeem 25,000 miles for travel and get 2,500 miles back)
  • Use your card to book through any airline, hotel or discount travel engine with no blackout dates or seat restrictions
  • Easily redeem your miles for statement credits towards all or a portion of your travel purchases within the last 90 days
  • Complimentary online FICO® Score access for Arrival cardmembers
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 12 Months 0% 12 Months 14.99% or 18.99%* Variable $89 - waived first year
737 Average credit score approved for this card† 691 Lowest credit score approved for this card†

Citi ThankYou® Preferred Card - Low Intro APRs
Citi ThankYou® Preferred Card - Low Intro APRs
Apply Now...
at CitiBank's
secure site
  • Enjoy 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99% - 22.99% based upon your creditworthiness*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
  • 2 ThankYou Points per dollar spent on dining at restaurants and entertainment
  • 1 ThankYou Point on other purchases.
  • Points do not expire and earn unlimited ThankYou Points
  • Redeem ThankYou Points for merchandise, travel rewards, gift cards, cash and more
  • Travel with ease and enjoy global acceptance with Chip Technology
  • No annual fee*
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0%* 15 Months* 0%* 15 Months* 12.99% – 22.99%* Variable $0*
727 Average credit score approved for this card† 641 Lowest credit score approved for this card†

Citi® Dividend Platinum Select® Visa® Card
Citi® Dividend Platinum Select® Visa® Card
Apply Now...
at CitiBank's
secure site
  • Earn $100 cash back after $500 in purchases within the first 3 months of account opening
  • Earn 5% cash back every quarter in must-have categories. Right now, on purchases at The Home Depot®, home furnishing and home and garden stores from 4/1/14 through 6/30/14.
  • Enrollment each quarter is quick and easy
  • Earn 1% cash back on all other purchases.
  • The total cash back earned with the card is $300 per calendar year, excluding the $100 cash back with this offer. See Citi Dividend Card Reward Program Information.
  • 0% Intro APR on Purchases and Balance Transfers for 12 months. After that, the APR will be 12.99%-22.99% variable based on your creditworthiness*
  • No Annual Fee*
  • Click Apply Now to see pricing details
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0%* 12 Months* 0%* 12 Months* 12.99% – 22.99%* Variable $0*
712 Average credit score approved for this card† 656 Lowest credit score approved for this card†

U.S. Bank FlexPerks® Business Cash Rewards Visa® Card
U.S. Bank FlexPerks® Business Cash Rewards Visa® Card
Apply Now...
at US Bank's
secure site
  • 0% Intro APR* for 15 billing cycles on purchases and balance transfers
  • Earn 3% cash rewards on cellular, gas and purchases made at office supply stores and 1% on all other purchases
  • 25% annual bonus of your prior year's cash rewards up to $250
  • No cap on the cash rewards you can earn and they never expire
  • $0* annual fee if you make one purchase per year, otherwise $25*
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 15 Months 0% 15 Months 11.99% – 17.99%* Variable $0
0 Average credit score approved for this card† 0 Lowest credit score approved for this card†

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Now” button, you can review the credit card terms and conditions on the issuer’s website.

Discover is a paid advertiser of this site.

Published or Updated: March 31, 2014
About Rob Berger

Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

Comments

  1. Guy says:

    The wife and I love our True Earnings Card from Costco! Not only do we get a check from American Express at the end of the year, but we also get a check from Costco as well, you can’t beat that.

  2. Kevin says:

    I love rewards cards that give you cash back for things you buy every week, like groceries and gas. I’m a big fan of the Discover More card for this reason. I find it pretty hard to beat.

  3. Cash is king says:

    I wonder what Warren Buffet thinks about “cash back” credit cards?

    • Ben says:

      He probably wants to be taxed on it. We just got a sweet offer in the mail from Citi.. 5% cash back, 0% intro APY for 21 months!

  4. bob says:

    You left out American Express Clear. It’s very straight forward, 1% back on everything. No gimmicky multiple tiers that promise “up to” some percentage, but start out at only 0.25% Every $2,500 in spending, you get another $25 American Express gift/debit card. Not quite as convenient as just getting plain cash back but almost as good as long as you’re attentive to the expiry dates on the gift/debit cards (which are typically well out into the future)

  5. Scoottr says:

    Actually for the Pen Fed card you can get admitted to the credit union after you put $5 in a savings account and make a donation to a military families charity.

    This card is the best I have run across! Highly recommend it. Walmart counts as a supermarket no matter what you purchase there, so you get 2% back.

    Plus, being part of a credit union you get better interest rates on car loans and other loans.

    This is the best card out there folks…it is a Visa so is accepted everywhere!

  6. Mark says:

    The PERKSTREET Financial Debit Card recommended above is EVEN BETTER with special reference code below – 3% CASH (Or GIFT CARD) REWARD On All Debit Card Purchases For 90 Days – NO minimum checking account balance. You will earn regular perks after the 3-month period (90 days). Regular Perks are 2% for all debit card (non-pin) transactions any day your checking account balance is $5000 or more & 1% on days when your balance is under $5000 to start the day. There is no minimum balance. The Cash is awarded in the form of prepaid VISA gift cards ranging from $25-$100. If you choose store gift cards, redemptions start in increments of $5.

    You must open an account by September 15th, 2010 to qualify. I am one of 30 customers to have received this offer – I can refer an unlimited number of new customers and they will all be eligible for this amazing deal. Just enter referral reference code 3156374405 on page 2 of the account application to receive 3% back instead of 2% for 90 days. This is an unadvertised, invitation only offer. Contact me by meial if you have any questions but be sure to apply before September 15, 2010!

  7. jim says:

    We have the Amex Costco card and the Citi dividend platinum card. The Costco card is great for 3% on restaurants and 3% on gasoline. The Citi card has the 5% rotating deals so we use that sometimes to maximize the rewards, like one quarter they had 5% on restaurants and another quarter it was 5% at department stores. I’m quite happy with both companies. Of course we pay off our balance in full every month.

  8. chat says:

    Plus, being part of a credit union you get better interest rates on car loans and other loans

  9. Mark says:

    While cash back sounds great, it isn’t an open invitation to spend loosely on credit. Also, for frequent flyers, the flyer miles cards quickly make a difference in what you spend on airfare. Analyze your spending to discover the best option for you.

  10. The Citi ThankYou Premier and Preferred cards are both currently offering between $100-$300 in gift cards for new apps (I know, it’s not cash but close!)

    Also the Citi World Mastercard is giving $200 in cash after spending $500 with the card

  11. Willie DeJarnette says:

    It is pretty awesome to do research on all of the major credit cards and what type offers they can have.

  12. I am interested in a card that will not expire rewards after 5 years. Am being squeezed by wells fargo to use or lose points after 5 years.any suggestions? I am leaning toward barclays mc. I have costco am ex and am very happy with their cash back program. Please advise. . .

    • Rob Berger says:

      Nancy, with the Barclaycard MasterCard, your miles never expire as long as your account remains open and in good standing.

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