What are the Best Cash Bonus Credit Cards?

As an expert in the field of credit cards, I am often asked about the bestcash bonus credit cards. With so many options available, it can be difficult to determine which cards offer the most value. In this article, I will provide a detailed overview of the top cash bonus credit cards on the market, as well as some tips for choosing the right card for your needs.

Chase Freedom Unlimited

The Chase Freedom Unlimited card is a popular choice for individuals looking to earn cash back. With this card, you can earn 1.5% cash back on all purchases, with no limit to the amount you can earn. In addition, new cardholders can earn a $200 cash bonus after spending $500 in the first three months of account opening. This card also offers a 0% introductory APR for the first 15 months on purchases and balance transfers.

Capital One Quicksilver Cash Rewards

The Capital One Quicksilver Cash Rewards card is another great option for those looking to earn cash back. With this card, you can earn 1.5% cash back on all purchases, with no limit to the amount you can earn. New cardholders can also earn a $200 cash bonus after spending $500 in the first three months of account opening. Additionally, this card offers a 0% introductory APR for the first 15 months on purchases and balance transfers.

Citi Double Cash

The Citi Double Cash card is unique in that it allows you to earn cash back twice – once when you make a purchase and again when you pay your bill. With this card, you can earn 1% cash back when you make a purchase, and an additional 1% cash back when you pay your bill. There is no limit to the amount of cash back you can earn with this card. While this card does not offer a cash bonus for new cardholders, it does offer a 0% introductory APR for the first 18 months on balance transfers.

American Express Blue Cash Preferred

The American Express Blue Cash Preferred card is a great option for individuals who spend a lot on groceries and gas. With this card, you can earn 6% cash back on up to $6,000 in purchases at US supermarkets each year, 3% cash back on purchases at US gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), and 1% cash back on all other purchases. New cardholders can also earn a $300 cash bonus after spending $3,000 in the first six months of account opening. However, this card does come with a $95 annual fee.

Choosing the Right Cash Bonus Credit Card

When choosing a cash bonus credit card, it is important to consider your spending habits and the types of purchases you make most frequently. For example, if you spend a lot on groceries and gas, the American Express Blue Cash Preferred card may be the best option for you. If you prefer a card with no annual fee, the Chase Freedom Unlimited or Capital One Quicksilver Cash Rewards cards may be a better fit. Additionally, it is important to consider the card's APR, any balance transfer fees, and any other fees associated with the card.

Credit Card Tips and Tricks

When applying for a credit card, it is important to only apply for cards that you are likely to be approved for. Multiple credit card applications within a short period of time can negatively impact your credit score. Additionally, it is important to pay your credit card bill in full and on time each month to avoid interest charges and late fees. Finally, it is important to monitor your credit card activity regularly to detect any fraudulent charges or errors.

In conclusion, cash bonus credit cards can be a great way to earn rewards on your purchases. By considering your spending habits and the types of purchases you make most frequently, you can choose the card that offers the most value for you. Remember to use credit cards responsibly and monitor your activity regularly to avoid any issues or errors.