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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.

 

4 Cash Back Credit Cards for Frugal Spenders

You don't have to be a big spender to earn big cash back rewards. Even if you rarely spring for any unnecessary extravagances, the right credit card can put money back in your pocket. The key is finding a card that rewards your responsible spending and ...

Published:  Wed, 13 Sep 2017 11:00:00 GMT



How to Choose a Cash-Back Credit Card

With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we spend literally 1,000s of hours researching partner offers and following strict editorial integrity to match you with the perfect choice.

Published:  Wed, 06 Sep 2017 17:15:00 GMT



PayPal credit card gives cash back

PayPal is hoping to expand its membership by rolling out a new cash-back credit card. The PayPal Cashback Mastercard, which is only available to PayPal members, gives cardholders two percent cash back on every purchase. PayPal's card is notable for the ...

Published:  Wed, 06 Sep 2017 11:54:00 GMT



Experts: Use complementary cash-back credit cards for biggest reward

Cash-back credit cards have changed a lot in recent years, but many users aren't reaping the benefits because they still use the same old credit card that's been in their wallets for ages. When it comes to plastic, many people are stuck. A 2016 survey ...

Published:  Thu, 14 Sep 2017 13:42:00 GMT



How to Rack Up $430 Worth of Cash Credit Card Rewards in 6 Months

Then review our list of the best cash-back credit cards for a few options to help you earn more for each dollar spent. Michael Douglass: Nathan, you're our credit card guru here at The Motley Fool. You're an expert when it comes to this stuff and thinking ...

Published:  Thu, 14 Sep 2017 04:43:00 GMT



United and Chase team up for branded cash-back credit card

United Airlines and financial behemoth Chase have launched a no-annual-fee card called the United TravelBank Card aimed at leisure travelers. The card allows customers to earn 2 percent on United purchases and 1.5 percent on all other purchases in what is ...

Published:  Tue, 12 Sep 2017 06:04:00 GMT



7 Reasons to Ditch Your Credit Card

High-annual-fee cards tend to be fancy ones aimed at higher-income folks. Interestingly, those fees can be worth it, if you end up collecting more than the fee in rewards -- cash back, miles, discounts, etc. Still, know that most credit cards actually have ...

Published:  Sat, 09 Sep 2017 04:32:00 GMT



American Express and Delta Launch the No-Fee Blue Delta SkyMiles Credit Card

Airlines are realizing that travelers are looking for a credit card that earns airline rewards without the annual fee, much like a cash back credit card. While you won't enjoy free checked bags, priority boarding benefits, or elite qualifying miles ...

Published:  Mon, 11 Sep 2017 09:51:00 GMT



10 Lies that Got You (and Keep You) in Credit Card Debt

Regardless, it's not a great deal if you spend a ton of money on credit card interest paying off the debt over months or even years. My wife always boasts of the cash back she earns through Ebates. And she's especially attracted to stores when the ...

Published:  Thu, 14 Sep 2017 01:00:00 GMT



Why I Stopped Using My Cash Back Credit Cards

When I turned 18, my mom let me know that I'd reached an important part of my financial life - I could get my very own credit card. I had always seen how much trouble people would get themselves into with credit card debt, so I was afraid of getting ...

Published:  Tue, 12 Sep 2017 08:47:00 GMT



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