Cash Back Credit Cards | Rebates that Put Money in Your Pocket
by DR
(Updated July 3, 2009) Cash back credit cards put money in your pocket. Some cards pay out cash after an initial purchase or minimum purchase amount. Other cashback cards pay out a percentage rebate based on annual purchases. Either way, these cards reward cardholders with cash or gift cards just for using the credit card. Below is a list of some of the best cash back credit cards available, along with some details about each card.
Note that several of the best cards are business credit cards. Remember that anybody can apply for a business card. On the application, simply list your name as the business name, which makes you a sole proprietor, and list your social security number where it asks for Federal Tax ID.
Finally, remember that when you click on a card name below to apply for any of these cards, you will be directed to that credit card's website to fill out an online application. The Dough Roller has no access to any of your confidential information. Also, credit card terms and conditions can change without notice, so make sure to check the terms of the credit card before applying!
Cash Back Credit Cards
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Discover® More Card |
 |
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
True Earnings® Card from Costco and American Express |
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- Earn cash back on gas and a $25 statement credit with your first purchase made with the Card!
- Earn cash back virtually everywhere you go - 3% for gasoline, 3% for restaurants, 2% for travel, 1% everywhere else, including Costco
- No Annual Fee with your paid Costco Membership
- The TrueEarnings Card serves as both your American Express Credit Card and your Costco Membership Card
- No Limit on the Cash Back earned
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| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
3 months* |
13.24%* |
None* |
Yes* |
Excellent Credit* |
|
|
IberiaBank Visa Gold Cash Back Rewards Card |
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- Earn 1% in Cash Back Credit on All Qualifying Purchases
- No limit on Cash Back; No Expiration Date on Eligibility for Accounts in Good Standing
- Travel Accident Coverage Up to $500,000
- No Annual Membership Fee
- 0% Introductory APR on Balance Transfers for Your First 6 Billing Cycles - Applies to Balance Transfers Processed Within 3 Months of Your Account Open Date
- No Transaction Fee for Balance Transfers
- 25 Day Grace Period
- Online Access to Credit Card Account Information
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 Billing Cycles* |
as low as 9.75%* |
$0* |
Yes* |
Good* |
|
|
Discover® Open Road Card |
|
- Double Cashback Bonus on grocery store purchases in November and December*
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases
- Increase, even double, the value of your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months for Purchases & Balance Transfers* |
11.99% - 18.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® More Card - American Flag |
|
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® Motiva Card |
|
- Double Cashback Bonus on grocery store purchases in November and December*
- 5% to 20%Cashback Bonus® at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- Free payment by phone or online - even on your payment due date
- Choose a payment due date that meets your needs
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 3.99%* |
6 months on Purchases & 12 months on Balance Transfers* |
11.99% - 18.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® More Card - Monogram |
|
- More ways to earn more cash than anyone elseSM*
- Unlimited cash rewards, automatically
- Up to 20% Cashback Bonus® when you shop online*
- Double rewards with more than 100 Cashback Bonus Partners*
- Customer Service in less than a minute, anytime you want
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® More Card - Clear |
|
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® More Card - Sealife Collection |
|
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
|
Discover® More Card - Wildlife Collection |
|
- 5% to 20% Cashback Bonus at top online retailers*
- Up to 1% unlimited Cashback Bonus on all other purchases automatically
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- No Annual Fee
- Online Account Access
- Online Bill Payment
|
| Intro APR |
Intro APR Period |
Regular APR |
Annual Fee |
Balance Transfers |
Credit Needed |
| 0%* |
6 months on Purchases & Balance Transfers* |
as low as 11.99%* |
None* |
Yes* |
Excellent Credit* |
|
Note that the Discover Open Road card is an editor's pick by Consumer Reports.
*We do our best to accurately reflect the terms and conditions of credit card offers on this site. But please recognize that these terms and conditions can and do change from time to time. When you are evaluating credit card offers, please make sure to read the terms and conditions on the credit card issuer's website, as they may have changed since the information was last updated on this site.
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I would include one more card into the list: Countrywide Rewards Platinum Visa, issued by FirstUSA. Every time you collect 2,500 points, you are eligible to receive a $50 deposit to your Countrywide Bank, FSB Savings, Money Market, or SavingsLink account. Or, a $50 payment towards the balance on an existing Countrywide® mortgage loan.
Basically it means 2% cash back on everything!
I’m using the card for any purchases that don’t get 5% on my Chase Cash rewards card. Chase reduced the cash back rate to 3% and turned the card to Freedom Card later, but kept the original terms for existing customers.
Make sure that you completely read the terms on these credit cards before applying - they are not all created equal, and some of them may be better for certain people than others.
For example some pay bigger rebates for certain activities, and lesser percentages for others. As long as you read and understand the fine print, then you can truly use these cards to your advantage.
The most important thing to remember about cash back cards is that you should never, ever carry a monthly balance on them. Otherwise the interest rate is going to more than cancel out the cash back rebate.
Great reference page and some good deals!
Thanks for sharing the great deals. Good way to save money.
FYI, I have a Discover More card, and I just got a letter in the mail from them stating that they’re changing the terms of their rewards program. Instead of 1% cash back on everything, we will now only get 0.25% cash back until we spend $3000 that year. After the first $3000 spent, we will get 1% cash back. The 3% cash back on bonus categories will remain the same.
(I found this article searching for comparison sites, as I am now shopping for a new rewards card.)