5 Cash back credit cards in the United States

Credit cards can help people in must-need situations, improve financial management, aid with plans like trips, and much more.

Also, these financial products offer a lot of rewards like cash back. It can help you reach your savings goals more easily and take more benefits from your everyday spending. In the United States, you can access various cash back credit cards, with different features and earnings levels.

WhenHowandWhat Team separated the best cash-back credit card options in the United States to help you with your cash-back goals.

Read this article until the end to understand more about cash back and to know more about the best cash-back credit card options available to you in the United States.

What is Cash back?

Cash back or cashback, is a refund of a credit or debit card purchase, usually a small percentage of the transaction like 1 or 2%.

Cash back cards have become more popular in the last few years. Banks and financial institutions aimed to develop credit cards offering more cashback incentives and benefits. Credit cards can offer a substantial cash back percentage in some categories like entertainment, groceries, and travel. It will vary depending on the bank and the card features.

That small percentage of money refunded can help you achieve your savings goals over time, and make your financial experience more rewarding. However, some credit cards set a maximum amount that you can be refunded, you need to review carefully the cash back terms and conditions settled by the bank or financial institution.

Also, you can receive your cash-back earnings through direct deposit to a linked bank account. Cash-back credit cards can be an interesting benefit for many, including people looking for a substantial reward level.

5 Cash back credit cards in the United States

You can find an array of cash-back credit cards in the United States, from different banks, and with different benefits and features.

You need to keep some things in mind before choosing the best option for you. Review if the cash back is limited or unlimited, the redemption process, the card costs, the main spending categories, and much more.

See below the top 5 best cash-back credit cards available in the United States, and evaluate all aspects to make an informed decision.

1. Blue Cash Preferred Card from American Express

This card is a good option for people looking for substantial cash-back earnings in everyday spending categories like groceries, streaming subscriptions, gas, etc.

Also, this card is ideal for those who are searching for a credit product from a respected and trusty financial institution like American Express, also known as Amex.

With an annual cost, after the first year, the Blue Cash Preferred Card offers more than cashback rewards, being a cardholder you will have access to offers and exclusive discounts at American Express partners.

Cashback Rewards

• 6% back on groceries at U.S. Supermarkets on up to $6,000 per year in purchases, 1% after.
• 6% back on Select U.S. Streaming Subscriptions, providing the chance to watch your favorite movies and TV shows.
• 3% back on Transit, which includes taxis/rideshare, trains, buses, etc.
• 3% back at U.S. Gas Stations to fuel up your tank
• 1% back on all other purchases

Additional benefits

• Welcome Bonus in statement credit of $250, spending at least $3,000 in the first 6 months of card membership.
• Car rental loss and damage insurance
• $84 Disney Bundle Credit
• Access to American Express exclusive events and offers
• Purchase Protection

Rates and fees

• Annual fee: $0 in the first year, $95 after.
• APR for purchases: 0% in the first 12 months from account opening, 19.24% – 29.99% after.
• APR for balance transfers: 0% in the first 12 months from account opening on balance transfers requested within 60 days, 19.24% – 29.99% after.
• Foreign Transaction fee: 2.7% of each transaction after conversion to US dollars

2. Chase Freedom Unlimited

This card is a great alternative for people looking for a credit card with high cash-back potential earnings, especially in the first year of card membership.

Also, it’s possible to get money back on everyday spending categories like restaurants and delivery services, and medicine.

In addition, this card can be a good fit for frequent travelers who can benefit from a substantial percentage of money refunded purchasing through Chase Travel. Your cash-back rewards don’t expire, you can redeem them when you want.

Chase is a respected and trusty financial institution in the United States, it can be a good ally in your financial life.

Cash back Rewards

• 6,5% back on travel purchased through Chase Travel in the first year, 5% after that.
• 4,5% back at restaurants, including takeout and delivery services, in the first year, and 3% after that period.
• 4,5% back on drugstore purchases in the first year, 3% after that.
• 3% back on all other purchases, 1,5% after that period.

In the first year, you earn an additional 1,5% on all categories, with a maximum of $20,000 spent.

Additional benefits

• Purchase Protection
• Extended Warranty Protection
• Trip Cancellation/ Interruption Insurance
• 5% Cash Back on Lyft Rides

Rates and fees

• Annual fee: $0
• APR for purchases and balance transfers: 0% in the first 15 months from account opening, 20.49% – 29.24% after that introductory period
• Foreign Transaction fee: 3% of the amount of each transaction in U.S. dollars.

3. Discover it Cash Back Credit Card

If you want to get a good credit card overall with amazing cash-back offers, Discover it Cash Back Credit Card can be a good option to consider. As a Discover it Cash Back Credit Card cardholder, you can earn money back each quarter in different categories, such as groceries, restaurants, gas stations, etc.

This card can be ideal for those who are looking for a cost-effective option without an annual fee. It also offers features and tools to give you more peace of mind when spending every day.

Cash back Rewards

• 5% back on everyday purchases at different partners each quarter in categories like groceries, restaurants, gas, and much more. See here the Discover Cash Back Calendar
• 1% on all other purchases

Additional benefits

• Absence of annual fee
• Possibility to make tap-to-pay transactions
• Response of your application in 60 seconds or less

Rates and fees

• Annual fee: $0
• APR for purchases and balance transfers: 0% in the first 15 months, 18.24% – 28.24% after that period

4. Capital One SavorOne Cash Rewards Credit Card

As a SavorOne Cash Rewards cardholder, you can enjoy high-potential cash-back earnings on things like hotels and rental cars, dining, entertainment, groceries, and streaming services.

Also, you can get a welcome bonus and an introductory offer for purchases and balance transfers, and no annual charges. The SavorOne Cash Rewards Credit Card is a cost-effective product, designed for people with an excellent credit score.

Cash back Rewards

• 5% back on hotels and car rentals booked through Capital One Travel
• 3% back on categories like dining, entertainment, groceries, and streaming services. This offer isn’t available in superstores like Walmart and Target.
• 1% back on all other purchases, the cash back didn’t expire, redeem it when you want to do

Additional benefits

• Concierge available 24 hours a day, 365 days a year
• Travel Accident Insurance
• 8% cash back on Capital One Entertainment purchases
• $0 Fraud Liability
• Get a $200 Welcome bonus when you spend at least $500 within 3 months from account opening.

Rates and fees

• Annual fee: $0
• APR for purchases and balance transfers: 0% in the first 15 months, 19.99% – 29.99% after that period
• APR for Cash Advances: 29.99%
• No Foreign Transaction Fees

5. Citi Double Cash Card

This card is a good option for those who are looking for simplicity in everyday transactions. The Citi Double Cash Card was designed for people with a fair to excellent credit score (630 – 850).

As a Citi Double Cash cardholder, you can earn substantial cash back on purchases made, with no settled spending categories or caps, it’s unlimited. This card combines attractive benefits with good tools to improve your daily financial management.

Also, it’s possible to enjoy additional benefits, with no doubt, the Citi Double Cash is an excellent cost-effective credit card.

Cash back Rewards

• 2% back on all purchases made: 1% when you buy, and 1% as you pay for your purchases.
• Additional 3% cash back on hotels, car rentals, and experiences booked through the Citi Travel portal

Additional benefits

• A welcome bonus of $200 after spending $1,500 on purchases in the first 6 months from account opening.
• You can redeem cash back in the form of direct deposit, a statement credit, or a check by mail

Rates and fees

• Annual fee: $0
• APR on balance transfers: 0% in the first 18 months, after that 19.24% – 29.24%, based on your creditworthiness.
• APR on purchases: 19.24% – 29.24%, based on your creditworthiness.

There are the best 5 cash back credit cards available in the United States, however, in the U.S. you can have access to a variety of other alternatives, for more information about credit cards, follow us here.

You need to choose a credit card that fits better with your needs and capabilities, cash back cards can provide substantial savings in the long-term, allowing you to pay less money in important categories, save for a trip or emergencies, and much more.

Review all the information provided in this article and analyze it to make an informed decision when considering applying.