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Cash Back Credit Cards Better Business Bureau Reliability Seal

Choosing the right cash back credit card can allow you to earn money on both big and small purchases - cash that you can use however you like, and whenever you want.

Many cash back credit cards exist today that compete for your business. These cards pay you a percentage back on all purchases, and some give additional rewards from specific retailers. Some of the savviest money managers use cash back credit cards for all of their purchases. They pay off their balance each month, and take their cash back rewards to the bank.

Continue reading below reviews

2017

Cash Back Credit Card Reviews

5 stars
USAA Cash Rewards® American Express® Card
TopConsumerReviews.com Best-In-Class Blue Ribbon Award

USAA Cash Rewards® American Express® Card

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

3 stars
USAA Preferred Cash Rewards Visa Signature®

USAA Preferred Cash Rewards Visa Signature®

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

3 stars
USAA Cashback Rewards Plus American Express® Card

USAA Cashback Rewards Plus American Express® Card

USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
Read More... Visit Site

2 stars
READYdebit® Visa Prepaid Card

READYdebit® Visa Prepaid Card

Instant Account Number - A Great Card for your Money.
Read More... Visit Site

Continued from above

When looking for the right cash back credit card, you need to consider several factors. Some of these include:

  • Grace period. If your plan is to earn cash back on purchases and avoid interest charges by paying off the balance each month, you'll want to consider how much time you have to pay off your balance before it starts accruing interest charges.
  • Interest rates, penalties and annual fees. If you plan on carrying a balance on your cash back credit card, you'll want to make sure you get the best interest rate possible. You'll want to understand the penalties and whether the credit card charges an annual fee.
  • Perks. Not all cash back credit cards provide the same level of rewards program. If you're looking for cash back, make sure you understand how the rewards are calculated, if they expire, and how much money you can expect to earn on your purchases.

TopConsumerReviews.com has reviewed and ranked the best cash back credit cards available today. We hope these reviews help you find the best cash back credit card to help your bottom line!

How Cash Back Credit Cards Work

Every time you swipe your card, the store merchant must pay the credit card company a small fee or a percentage of the sale. A portion of this fee is given back to the consumer in the form of a cash back reward. Cash back cards encourage consumers to use their credit cards for everyday purchases and the credit card company benefits from the store fees and passes some of the money back to the consumer.

Every card has a different system for how you redeem and receive your rewards. Some are automatically applied to your statement or are sent in the mail. With other cards, you must manually redeem your rewards (usually on the credit card website). Some offer money back on a monthly basis while others may send the cash back at the end of the year. Some other credit cards require a minimum balance to be released before you earn your rewards. Typically customers will receive the money back as a credit on their account or as a check or cash card in the mail.

Most of credit cards keep track of your cash back rewards with a point system (or something similar). For example, some cards may give you two points for every dollar spent on groceries. 1000 points may equal $10 in cash back. So if you spent $500 dollars on groceries, you would be eligible for $5 back. Often credit card companies have partnerships with other larger companies. Making a purchase from a store that has a partnership with your credit card company would mean a higher percentage of cash back rewards from that purchase. This might mean that different stores offer more or less points for purchases made there.

Another way cash back credit cards are able to offer rewards are from annual fees and interest accrued. While some credit cards have no annual fee, often cash back cards with bigger reward packages have some type of annual fee. Make sure your rewards are going to offset the annual fee you may be required to pay. You want to use the card to your advantage. Cash back rewards cards have higher interest rates than most other cards to help offset the reward costs. It is important to remember to pay off your purchases on a monthly basis to avoid high interest charges. This will allow you to enjoy the benefits and while paying little to no interest on purchases. Those that carry a balance from month to month will end up owing far more in interest charges than what they will receive as rewards

Always pay attention to the fine print. Many customers rush to sign up for a card that offers 5% back on all purchase, but miss the part about it being an introductory offer. While this is a good incentive and one to consider, make sure you think about how the card and its benefits will look for you long term.

 

Cash Back for Good: How to Donate Your Credit Card Rewards to Charity

This guest post was written by Ashley Dull, our friend at CardRates.com. Although cash back rewards are one of the most compelling reasons to use your credit card for everyday purchases, a shocking 31% of cardholders let those rewards sit fallow.

Published:  Tue, 14 Nov 2017 09:08:00 GMT



Cash back vs. travel: How to choose your credit card rewards

Choosing a rewards credit card means picking a side in an ongoing debate: cash back or travel benefits Both have advantages. Cash back is flexible and easy to redeem. Points or miles dangle the possibility of a paid-for vacation and, sometimes, a higher ...

Published:  Mon, 06 Nov 2017 04:44:00 GMT



Man arrested for using stolen credit card to withdraw cash

Daniel Hafer, 37, is accused of taking a credit card out of a woman's purse back in March. Police say Hafer then used that card to withdraw money from a local ATM. Hafer had a preliminary hearing on November 13. All charges were bound over to the ...

Published:  Sun, 19 Nov 2017 13:13:00 GMT



Best credit cards for rewards and cash back

Black Friday and Cyber Monday are days I like to avoid. They're busy in store and online. But every year, I usually find an alluring ad and get involved. And I use a credit card. They didn't compare exactly the same cards. But I did find what they ...

Published:  Fri, 17 Nov 2017 18:38:00 GMT



No Coupon Needed: Cut Grocery Bills With Credit Cards

Then, he uses a credit card that gives him 4% cash back. "It really adds up, especially if you have a large family," says Daniels, who blogs about saving money on his website, FamilyMoneyPlan.com. He estimates that with store discounts and credit card ...

Published:  Sun, 19 Nov 2017 19:15:00 GMT



Take Our Credit Card Rewards Quiz

Find out if you prefer points, miles or cash back rewards programs. Credit card rewards come in many different forms. Some rewards programs grant points on purchases made with a particular credit card. Other programs forego these credit card points in ...

Published:  Wed, 15 Nov 2017 00:00:00 GMT



The 7 Best Credit Cards For Holiday Shopping

In November and December credit card companies promote cash back cards for shopping. Then in January they promote 0% balance transfer cards as consumers struggle to deal with their recent spending spree. While these card offers can be beneficial ...

Published:  Sun, 19 Nov 2017 13:23:00 GMT



The Best Credit Cards for Restaurants

That's a big chunk of most people's budgets. Wouldn't it be great if you could get some cash back rewards or bonus points from your credit card just for spending money at restaurants Here's a roundup of the best credit cards for restaurants. The Chase ...

Published:  Fri, 10 Nov 2017 04:03:00 GMT



Which type of credit cards should you use for holiday shopping

Look for a credit card that provides accelerated earnings for specific types of purchases, usually 5 percent cash back on the first $1,500 in purchases. These cards typically rotate the purchase categories each quarter to reflect seasonal shopping trends.

Published:  Thu, 16 Nov 2017 02:26:00 GMT



Best Cash Back Credit Cards

How would you like to earn cash back for everything you buy Cash back credit cards can make this a reality, as they give you a percentage back in cash for purchases you make with the card. Some earn a flat cash back rate for everything you buy, while ...

Published:  Thu, 16 Nov 2017 05:53:00 GMT



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