Best Cash Back Credit Cards - A Comparison

Most credit card holders prefer cash back rewards than any other perks. If you are not a frequent traveler, it does not make sense to get an airline card. However, if you like to go shopping, you can never go wrong with a card that gives back in the form of cold, hard cash. Unlike points and miles, cash is readily usable so you can spend it for your next purchases. There are even credit cards that let you earn interest if you do not use the cash rebate.

If you have decided that you will get a card that offers cash back, here are the best cards that feature money back rewards:

Capital One® Cash Rewards

This card lets you earn up to $100 bonus cash if you spend the required amount for the first three months of card use. Each year, you are guaranteed that you can receive 50% total bonus cash on all your purchases. The rewards that you can accumulate will not expire and you can easily redeem money anytime you wish. You can even arrange automatic redemption when you reach a certain amount. This card does not require you to pay for an annual fee.

You can find more information about Capital One® Cash Rewards here.

Chase Freedom® Visa

This Visa credit card from Chase Freedom® also frees you from annual fees. As you sign up for this card, you can get $50 cash back for two straight years if you purchase a total of $500 for the first 3 months. Your net rewards each year can amount to almost $400. You can get huge cash back if you pay for your hotel accommodations using your card. This is also applicable to air ticket and partner merchant purchases. Every penny that you spend is equal to 1% cash back. Aside from that, you do not have to worry about interest rates on balance transfers and purchases.

Blue Cash EverydaySM Card from American Express

This is one of the most popular credit cards today that offer cash back rewards. If you have good to excellent credit, you should seriously consider getting this card. The cash back system is straightforward and gives you higher bonuses than the other regular rewards cards. You do not have to enroll for rotating categories since all purchases will be awarded with cash rebates. This also has a referral program where you and your friend can enjoy cash back once he or she gets approved.

Citi® Dividend Platinum Select® Visa® Card

This card comes with revolving categories which you need to sign up for every quarter. In so doing, you can earn huge cash back percentage on top of the 1% cash back on every purchase you make. This card however limits your cash back redemption to $300 each year. Nevertheless, this has no annual fee and you will instantly be rewarded with a hundred dollar bonus upon opening an account.

If you shop regularly, you can save a lot if you use your cash back rewards card. Choose the best card that gives you the maximum money back for each purchase you make.