Cash Back Credit Card Reviews

We recommend

Disclosure: We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

 

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.
  • Earn up to 2.25% cash back on gas and grocery purchases and up to 1.25% cash back for all other purchases.
  • No caps or limits on the amount you can earn.
  • Your cash rebate is awarded every January for the purchases made the previous 12 months.
  • Enjoy variable rates as low as 10.40% APR on purchases, balance transfers and cash advances. This APR will vary with the market based on the prime rate.
  • No annual fee and no minimum finance charge.
  • Chip technology has added security when used at a chip-enabled terminal and greater acceptance worldwide.

Visit Site >

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.
  • Earn 5% cash back at gas stations & qualifying commissaries on up to 3,000 in annual purchases.
  • Earn 2% cash back on groceries from supermarkets on up to 3,000 in annual purchases.
  • Earn 1% cash back on all other purchases.
  • Redeem your cash rewards anytime using your mobile device or computer.
  • Special rates are available for military members during deployment or PCS. See terms for additional information.
  • No annual fee and no minimum finance charge.
  • Chip technology has added security when used at a chip-enabled terminal and greater acceptance worldwide.

Visit Site >

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.
  • Earn 1.5% cash back on every purchase.
  • Redeem your cash rewards anytime using your mobile device or computer.
  • Special rates are available for military members during deployment or PCS. See terms for additional information.
  • No annual fee and no minimum finance charge.
  • Chip technology has added security when used at a chip-enabled terminal and greater acceptance worldwide.

Visit Site >

READYdebit® Visa Prepaid Card

  • Instant Account Number - A Great Card for your Money.
  • Free† Direct Deposit — Paycheck, Benefit Checks, Tax Refund Checks
  • Easy Online Bill Payment & Mobile Account Access
  • No Purchase Transaction Fees
  • No Risk of Overdraft Fees or Balance Minimums
  • Withdraw Cash at ATMs or Get Cash Back with Purchases
  • Use it Everywhere Visa Debit Cards are Accepted
  • Choose Your Card Color - Blue or Pink

Visit Site >


Cash Back Credit Cards

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.

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 Credit Cards In The News

Travel Or Cash-Back Credit Card: Which Is Most Popular

Airlines and hotels are constantly promoting their travel-related credit cards, but the cards have only caught on with a small percentage of consumers, a recent online survey shows. "I was very surpri...

Published:  Wed, 14 Nov 2018 05:50:00 GMT



AmEx Blue Cash Preferred Ends 3% Back at Department Stores

3% cash back at U.S. gas stations ... and it still features a generous offer for new cardholders: $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. ...

Published:  Thu, 15 Nov 2018 14:32:00 GMT



The 4 credit cards to have if you want to maximize cash back

For many people, one credit card is plenty. But those who can responsibly handle a few find that more can be better. While a single card can earn you hundreds of dollars per year in cash back, the rig...

Published:  Fri, 02 Nov 2018 10:34:00 GMT



These are the things cheapskates look for in a credit card

which jibes with easy-to-understand cash-back reward programs, as opposed to complicated points and miles systems. In a recent J.D. Power study, 36% of credit card customers said they don't fully unde...

Published:  Thu, 15 Nov 2018 01:03:00 GMT



Chase, Wells Fargo: The best credit cards for getting cash back

With consumer spending on the rise, savvy shoppers are looking for ways to maximize their savings. While a variety of credit cards offer competative rewards programs and tantalizing deals, one of ...

Published:  Sat, 03 Nov 2018 06:37:00 GMT



Chase's Ink Business Cash is a great no-fee credit card for small business owners - get a $500 cash-back bonus

The Insider Picks team writes about stuff we think you'll like. Business Insider may receive a commission from The Points Guy Affiliate Network. Great cash-back credit cards are not just for individua...

Published:  Fri, 02 Nov 2018 12:00:00 GMT



Before You Apply For That Store Credit Card...

However, the benefits should be weighed against using a standard rewards or cash back card that can be used anywhere. If you're looking to build credit with a store card, find one that fits your shopp...

Published:  Thu, 08 Nov 2018 18:02:00 GMT



How to win the credit card rewards game (or not get played)

That's why cash back is often a better bet, Rossman said, even though travel rewards are still considered the best deal because they have more redemption value. If you're in the market for a new credi...

Published:  Sun, 11 Nov 2018 23:53:00 GMT



How this couple paid off $65,000 in credit card debt and student loans in five years

They began eating less expensive meals, and cut back on things they didn't ... For example: Mortgage, savings, car payment, bills, credit cards. Designate an envelope for each category. Every time you ...

Published:  Sat, 03 Nov 2018 06:05:00 GMT



5 Things to Know About the Bank of the West Cash Back Mastercard

With so many larger financial institutions competing for credit card customers, it can be easy to overlook some of the hidden gems. If you live in an eligible state and are looking for a solid cash-ba...

Published:  Fri, 02 Nov 2018 12:56:00 GMT




We recommend

- View Full Site -