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What Are the Best Cash Back Credit Cards?

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Summary：Discover the best cash back credit cards that offer unlimited cash back, no annual fee and 0% APR period. Consider rewards program, annual fee, APR and credit score.

Cash back credit cards are a popular choice among credit card users. With these cards, you can earn a percentage of your purchases back in cash. But with so many options available, it can be difficult to determine which cash back credit card is the best for you. In this article, we will discuss the bestcash back credit cardson the market and what you should consider when choosing a cash back credit card.

Top Cash Back Credit Cards

1. Chase Freedom Unlimited: This card offers an unlimited 1.5% cash back on all purchases, making it a great option for people who want a simple and straightforwardrewards program. Additionally, there is noannual feeand a 15-month 0% APR period on purchases and balance transfers.

2. Citi Double Cash: With this card, you can earn 1% cash back on all purchases and an additional 1% cash back when you pay your balance. This card also has no annual fee and a 18-month 0% APR period on balance transfers.

3. Blue Cash Preferred Card from American Express: This card offers 6% cash back on up to $6,000 spent on groceries per year, 3% cash back on gas and select department stores, and 1% cash back on all other purchases. However, there is a $95 annual fee associated with this card.

Factors to Consider When Choosing a Cash Back Credit Card

1. Rewards program: Look for a rewards program that aligns with your spending habits and offers a high percentage of cash back on those categories.

2. Annual fee: Consider whether the rewards you earn will offset the cost of the annual fee. If you don't spend a lot in the bonus categories, a card with no annual fee may be a better option.

3. APR: If you plan to carry a balance on your credit card, look for a card with a low interest rate or a 0% APR introductory period.

4. Credit score: Some cash back credit cards require a highcredit scorefor approval. Check your credit score before applying for a card to ensure you meet the requirements.

Tips for Maximizing Your Cash Back Rewards

1. Use your card for everyday purchases: The more you use your cash back credit card, the more rewards you will earn.

2. Pay your balance in full each month: Avoid paying interest on your balance by paying your bill in full each month.

3. Take advantage of bonus categories: Many cash back credit cards offer higher cash back percentages in certain categories. Make sure to use your card for those purchases to maximize your rewards.

4. Redeem your rewards: Don't let your rewards go to waste. Redeem them for statement credits, gift cards, or cash back.

Conclusion

Cash back credit cards can be a great way to earn rewards on your everyday purchases. When choosing a card, consider the rewards program, annual fee, APR, and your credit score. By using your card for everyday purchases, paying your balance in full each month, and taking advantage of bonus categories, you can maximize your cash back rewards.

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