These are the three best credit cards that offer cash back rewards. These cards will help you earn 1.67% back on grocery store purchases, 2% back on gas, and 4% back on 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% cash back
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 are best to apply for this card. There is no earning cap or rotating category, so you can earn as much as your heart desires. Additionally, you can take advantage of interest-free financing to purchase and transfer balances. This can help you save money and time.
Fifth Third Bank offers the Cash/Back Credit Card, a brand new card. The card provides 1.67% cashback and is contactless. The card also allows you to travel with Mastercard. There are no foreign transaction charges. Fifth Third Mobile Banking allows you to manage the card. You also get a $9 annual fee and no rotating categories.
Earn 2% cash back on grocery store purchases
Chase Freedom Unlimited Credit Card makes a great choice for people who want money back at the grocery stores. The card earns 2% back at grocery stores and restaurants, and 1% cash back on other purchases. The card does not have an annual fee and has no minimum redemption requirements.
This credit card also earns 1% back on gas and other purchases. The Blue Cash Preferred offers double cash back on grocery purchases, but you have to spend at least $3167 per year to qualify for this bonus. While a cash-back card can boost your earnings, the choice of the right card will depend on your spending habits and limit. If you spend most of the money at grocery stores, a flat rate card like Citi Double Cash Card could be a better choice.
You should look at the merchant category when choosing a credit card. This will ensure that you get 2% cashback on your grocery store purchases. There are two options: cashback credit cards, and those that grant miles or points. Consider a card that has an annual fee if you find it difficult to decide between cashback and points cards.
Gasoline earns you 4% cashback
Many credit cards reward programs offer generous cash back rates on gas purchases. This does not necessarily mean that gas purchases will always be in the highest reward category. 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. They are not affiliated with any particular gas retailer and do not have restrictions on brand or geographical location. Your individual situation and spending habits will play a major role in choosing the right gas credit cards.
Hilton Honors Card is one the most valuable cash-back credit card for gas purchases. You pay an annual fee of $95, but you will earn three points for every dollar spent at gas stations or supermarkets. Redeem your cash back to get a statement credits, a deposit into your bank account or a cheque. Some cards also let you redeem your cash back for merchandise or gift cards.