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If you're looking for the best credit cards to earn cold hard cash back for your purchases you've come to the right place.  MoneyRates.com has assembled cash back credit cards here. 

With a cash back rewards credit card, it's like getting a rebate on many of your regular purchases such as groceries, clothes, gas, and more. If you make a lot of purchases on your credit card and want to know that you're maximizing every dollar with that spending, a cash back rewards card may be for you. Cash back credit cards come with many different terms for different types of purchases, so review these offers to find the best one for how much you spend and where you shop.

Category
Monthly Spend
Carry a Balance?
Card Rating
  • 0% APR promo balance transfer rate for 12 months with 3% balance transfer fee, now through December 31, 2017. After that, the APR for the unpaid balance and any new balance transfers will be 9.74% to 17.99%. APR will vary with the market based on Prime Rate. Subject to credit approval. $100 bonus after spending $1,500 in purchase transactions within 3 months of account opening.
  • Rate and offers current as of October 1, 2017 and are subject to change.
  • 1.5% unlimited cash back on all purchases
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Apply Now
On PenFed Credit Union secure website
Cashback Rewards
Gas:
Up to 2%*
Groceries
Up to 2%*
Other:
Up to 2%*
Credit Needed
Good
Annual fee
$0
Card Rating
  • Unlimited 1.5% Cash Back on every purchase - no exclusions
  • Cash Back redemption is applied as a statement credit
  • $150 Cash Back Bonus2 after you spend $500 on purchases in your first 3 months from account opening
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Apply Now
On Commerce Bank secure website
Cashback Rewards
Gas:
1.5%
Groceries
1.5%
Other:
1.5%
Credit Needed
Excellent, Good
Annual fee
$0
Card Rating
  • Earn 1.5% cash back on every purchase
  • There's no limit on the amount you can earn
  • Redeem your rewards anytime online or with the USAA Mobile App.
Read more
Apply Now
On USAA secure website
Cashback Rewards
Gas:
1.5%
Groceries
1.5%
Other:
1.5%
Credit Needed
Excellent, Good
Annual fee
$0
Card Rating
  • Unlimited 1% cash back rewards in the form of an automatic donation to any nonprofit, K-12 school, university, or religious organization of your choice.
  • No Annual Fee.
  • Rewards are tax-deductible.
Read more
Apply Now
On Charity Charge secure website
Cashback Rewards
Gas:
1%
Groceries
1%
Other:
1%
Credit Needed
Excellent, Good
Annual fee
$0
These quotes are from credit card issuers which have paid for a link to their website. Offers are subject to change without notice and may not be the same for all consumers.

Cash back rewards credit cards

By Doresa Banning | Money Rates Columnist

With cash back rewards credit cards, you make money every time you use them. The concept at the heart is simple: buy things and earn money in return. The various reward structures and rules, however, can complicate things a little bit.

With these popular credit cards, you can earn rewards with not only purchases but also with balance transfers, interest payments and cash advances, depending on the rewards terms of your card. But determining whether a cash back rewards card is right for you will depend--as is true with all credit cards--on a careful reading of the terms and conditions.

Cash back credit card features

The specifics of cash back rewards programs--what's offered and how they work--vary from card to card and can be complex. The key characteristics to look at and compare are:

Potential reward limitations

Most of these rewards cards have rules concerning usage and redemption. Here are a few to be aware of:

Cash back rewards cards often have higher interest rates than cards without rewards, so it's best to pay any balance in its entirety monthly. Otherwise, interest will eat away at your cash rewards and you won't reap any true benefits.

 

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