The Best Cash Back Credit Cards

Get Cash Back The Best Cash Back Credit Cards

The Best Cash Back Credit Cards

For most of us, concerns about our financial situation are never far from our minds, so any chance to get some of that cash back is an evergreen utility. Enter the imaginatively named cash back credit card.  These rewards cards can earn you hundreds of dollars a year if they're used correctly.

You earn cash rewards of different amounts depending on the card you use and where you use it. Some cards pay a flat rate on every purchase, and others pay higher and lower rates for certain categories. There are a lot of options out there, with their benefits and drawbacks. In this article, we'll list five of the best cash back credit cards on the market. We’ll also explore how DoNotPay can assist you in getting the biggest returns possible in exchange for using them.

Chase Freedom Unlimited/Freedom Flex

Card TypeChase Freedom Unlimited
Annual Fee$0
Rewards Rate1.5% - 6.5%
Regular APR0% for the first 15 months, 14.99% to 23.74% variable
Recommended Credit ScoreGood to Excellent

 

Card TypeChase Freedom Flex
Annual Fee$0
Rewards Rate1% - 5%
Regular APR0% for the first 15 months, 14.99% to 23.74% variable
Recommended Credit ScoreGood to Excellent

We'll start with the Unlimited card. As stated above, this card requires no annual fee despite the considerable amount of rewards available after using it. Cardholders earn:

  • 5% cash back on travel purchased through Chase Ultimate Rewards
  • 3% on drugstores and dining at restaurants (including takeout)
  • And 1.5% on all other purchases.
  • As a bonus, users can also earn an extra 1.5% on all categories up to a spend of $20,000 in the first year.

The biggest downsides are the 3% foreign transaction fee that hinders its utility for international travel, and that your point value decreases if the Unlimited is used on Amazon.com purchases. But the pros far outweigh the cons of this cash back card.

In the case of the Chase Freedom Flex, the card can give out a lot of rewards in exchange for a little upkeep.

The card offers 5% cash back on up to $1,500 in purchases in specific categories, some of which change every quarter. To further entice your business, the Flex also has one of the best welcome bonuses around. You earn $200 cash back after you spend $500 on purchases in your first three months after opening an account. Utilizing the 5% categories requires you to opt-in every quarter (and hope that the categories appeal to you in the first place), but the Flex can be very generous for the right people.

Discover It Cash Back

Card TypeDiscover It Cash Back
Annual Fee$0
Rewards Rate1% - 5%
Regular APR11.99% - 22.99% variable
Recommended Credit ScoreGood to Excellent

The Discover it Cash Back is another card that features rotating bonus categories. Cardholders receive 5% cash back on their spending up to $1,500 per quarter in said activated categories, and 1% for everything else.

Discover offers Ultimate Cash Back Match for the first year, meaning that the company will equal all the cash back you've earned at the end of your first year. There's no minimum or maximum amount for these rewards, so you could get a hefty chunk of change after using this card.

Blue Cash Preferred Card

Card TypeBlue Cash Preferred Card
Annual Fee$0 intro for the first year, then $95
Rewards Rate1% - 6%
Regular APR13.99%-23.99% Variable
Recommended Credit ScoreGood to Excellent

The Blue Cash Preferred Card provides a much more stable set of benefits. This cash back card features great rewards for:

  • Supermarkets (6% up to $6,000 a year in spending)
  • Select streaming subscriptions (6%)
  • Gas stations and transit services (both 3%)

And unlike the previous cards, no enrollment is required, so the cash back is automatic. Now, it's important to note that the grocery rewards do not apply to major superstores or wholesale clubs and that there is a 2.7% foreign transaction fee. But it's hard to find a cash back card with more immediate rewards for daily necessities.

Wells Fargo Active Cash

Card TypeWells Fargo Active Cash
Annual Fee$0
Rewards Rate2%
Regular APR14.99%-24.99% Variable APR
Recommended Credit ScoreGood to Excellent

The Wells Fargo Active Cash card takes most of the variables off the table by having a 2% cash reward on every purchase. The card also has a great sign-up bonus. Cardholders can earn:

  • A $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • And a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers

Other cash back cards will have higher rewards rates, but Wells Fargo's card will retain its value regardless of your budget or interests.

Capital One QuicksilverOne Cash Rewards Credit Card

Card TypeCapital One QuicksilverOne Cash Rewards Credit Card
Annual Fee$39
Rewards Rate1.5%
Regular APR26.99% variable
Recommended Credit ScoreFair to Good

If you currently have average credit, the Capital One QuicksilverOne Cash Rewards Credit Card is the cash back card for you. Users get a decent rewards rate that applies to all purchases, and cash back can be redeemed at any time for any amount. The card also doesn't charge a foreign transaction fee and comes with travel accident insurance, an auto rental collision damage waiver, and 24-hour travel assistance services. After making your first five monthly payments on time, cardholders get access to a higher credit limit.

How DoNotPay Can Help You Cash In on Your Credit Cards

Some extra help saving money is always appreciated, and DoNotPay's unique technology is built to get cash back for you at every opportunity. We all spend a considerable amount of our budget on groceries. The US Department of Agriculture found that the country spent $1.77 trillion on food and beverages in 2019, and that number has probably increased in the age of the pandemic. With DoNotPay, there are ways to get some of that money returned to your open wallet. 

Our service can accomplish this in three ways:

  1. Signing up for a cash back app
  2. Turn receipts into cash
  3. Get paid for pictures of your pantry

DoNotPay can do this via a simple, three-step process:

  1. Search for Cash Back on the DoNotPay website. 
  2. Kick off the process to find the right app or website for you. 
  3. Answer some specific questions so that we can help you start making money! 

That's all you have to do. From that point on, we will find the best cash back options and help you to start earning more cash back on your purchases. Good money management includes knowing when and where to find good deals. With DoNotPay, those anxieties will be a thing of the past. We can also help with other related issues such as:

Try it today!

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