These are the three best credit cards that offer cash back rewards. These cards can earn you 1.67% back on groceries, 2% back for gas, and 4% on your everyday expenses. These cards are very easy to use, and there are no annual fees. However, you will need a high credit score.
Earn 1.67% cashback
The Fifth Third Simply BusinessTM Card allows you to earn 1.67% cashback on all balance transfers and purchases for the first 12 billing cycles. Fifth Third customers will be the best fit for this card. The earning limit and rotating category are not applicable so you can make as much as you wish. You can also take advantage interest-free financing for purchases or balance transfers. This can be very time-saving.
Fifth Third Bank's Cash/Back credit cards are another new product. This card allows for contactless transactions and offers 1.67% cashback. You can also use the card to get travel services with Mastercard, and there are no foreign transaction fees. Plus, you can manage the card through the Fifth Third Mobile Banking app. A further benefit is the $9 annual fee. There are no rotating categories.
Shop at grocery stores to earn 2% cashback
Chase Freedom Unlimited Credit Card offers great value for shoppers who want to make money at the grocery store. The card earns you 2% back in restaurants and grocery stores. You also get 1% cash back for other purchases. There is no annual fee nor minimum redemption.
This credit card earns 1% back when you purchase gas or other items. Blue Cash Preferred provides double cashback on grocery shopping, but you must spend $3167 per annum to be eligible. A cash-back credit card can increase your earnings. However, it is important to consider your spending habits and spending limits when choosing the card. If you shop primarily at grocery stores, you might consider a flat-rate credit card like the Citi Double Cash Card.
Check the merchant category before you apply for a credit card. You will get 2% cashback on groceries if you are approved. You can choose from cashback credit card or one that gives you miles or points. Consider a card that has an annual fee if you find it difficult to decide between cashback and points cards.
Earn 4% cash back on gas
Many credit cards reward programs offer generous cash back rates on gas purchases. Gas purchases are not always included in the highest category of rewards. Some cards offer only 2% gas rebates, while others offer lower rewards. It is possible to earn 4% cashback when you use a general purpose rewards credit card. These cards are generally not associated with any particular gas retailer. Additionally, they don't have brand restrictions or geographic restrictions. The best gas credit card for you will depend on your spending habits and personal financial situation.
Hilton Honors Card is one the most valuable cash-back credit card for gas purchases. This credit card costs $95, and earns three points for every dollar that you spend at supermarkets or gas stations. You can use your cash back to purchase a statement card, a bank account deposit or a check. Some cards allow you to redeem cash back for merchandise or gift vouchers.