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
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- The new Discover it card is out to change the way people think about credit cards.
- Fair...no annual fee. No overlimit fee. No foreign transactions fee & no pay-by-phone fee. No late fee on your first late payment. And we won't increase your APR for paying late*
- Generous...5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up. And 1% cash back on all other purchases.*
- Plus a Cash Back ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card
- Flexible...Choose your own due date and pay up to midnight ET online or by phone
- Human...talk to a real person any time with 100% U.S.-based service
- Safe...Because you'll never pay for unauthorized purchases with our $0 Fraud Liability Guarantee
- 0% Intro APR* on purchases and balance transfer for 14 months. Then the variable purchase APR applies, currently 10.99%-22.99%. *Click apply for Terms & Conditions
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| Blue Cash Everyday® Card from American Express |
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- Earn 100 Reward Dollars after you make $1,000 in purchases in the first three months of Cardmembership.
- Earn Cash Back: 3% at US supermarkets, up to $6,000 per year in purchases, 2% at US gas stations & select US dept stores, 1% on other purchases. Terms and limitations apply.
- Simple and Straightforward: With the Blue Cash Everyday Card, you can start earning cash back. No rotating reward categories. No enrollment required.
- Simple and Straightforward: With the Blue Cash Everyday Card, you can start earning cash back. No rotating reward categories. No enrollment required.
- No annual fee, 0% intro APR on purchases for 12 months. After that, your APR will be a variable rate, currently 12.99%-21.99% with flexibility to pay over time.
- Terms and Restrictions Apply.
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| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0% |
12 months |
12.99%-21.99% (Variable) |
$0 |
Yes |
Excellent Credit |
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| TrueEarnings® Card from Costco and American Express |
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- 3% Cash back at US gas stations and on gasoline at Costco up to $4,000 per year in purchases, then 1%
- 2% cash back at U.S. restaurants; 2% cash back on eligible travel purchases, including at Costco; 1% cash back on other purchases, including at Costco
- Terms and limitations apply; You will receive your cash back annually in the form of a reward coupon
- The Two-In-One Card: it's an American Express® Card and Costco membership card, with no annual fee for Costco members
- Cardmembership offers access to benefits such as Global Assist and Purchase Protection* *Underwritten by AMEX Assurance Company
- Terms and restrictions apply.
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| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0% |
6 months |
15.24% (Variable) |
No Annual Fee with your paid Costco Membership |
Yes |
Excellent Credit |
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| Capital One® Cash Rewards |
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- 50% bonus on the cash back you earn every year
- 1% cash back on all purchases
- Earn unlimited cash back that doesn't expire
- Redeem cash back anytime for any amount, even set automatic redemptions
- Personalize your card with an image of your choice
- 0% intro APR on purchases until February 2014
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| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0% |
until February 2014 |
19.80% (Variable) |
$39 |
N/A |
Average Credit |
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| Citi® Dividend Platinum Select® Visa® Card |
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- $100 cash back after $500 in purchases within the first 3 months of account opening
- 0% Intro APR on Balance Transfers and Purchases for 12 months. After that, the APR will be 12.99%-22.99% variable based on your creditworthiness*
- 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
- Enroll at no additional cost each quarter for new categories that earn additional cash back
- Full 1% cash back on all other purchases and eligible cash advances
- No annual fee*
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| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| 0%* |
12 months* |
12.99%-22.99%* (Variable) |
$0* |
0%* |
Excellent Credit |
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Best Cash Back Debit Card
| PerkStreet FinancialSM MasterCard® Debit Card |
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- Up to 2% cash back on debit card purchases - unlimited cash back
- Plus, earn up to 25% cash back at leading retailers every week
- The average American will earn $500 every year in cash back
- No monthly maintenance fees
- Free online bill pay
- Easy electronic transfers
- 24/7 customer support
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| Intro APR |
Intro APR
Period |
Regular
APR |
Annual
Fee |
Balance
Transfer |
Credit
Needed |
| N/A |
N/A |
N/A |
$0 |
N/A |
No Credit Check |
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* 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.
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.
{ 14 comments… read them below or add one }
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.
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.
I wonder what Warren Buffet thinks about “cash back” credit cards?
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!
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)
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!
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!
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.
Plus, being part of a credit union you get better interest rates on car loans and other loans
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.
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http://theweeklymarketeer.blogspot.com/
Cheers! The Marketeer.
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
be in touch and let me kknow just would suit me
be in touch and let me kknow just would suit me
goooooooood
It is pretty awesome to do research on all of the major credit cards and what type offers they can have.