Best Cash Back Credit Cards of 2024
Welcome to Beerich Finance’s guide to the Best Cash Back Credit Cards of 2024. If you’re looking to maximize your rewards and get the most out of your everyday spending, you’re in the right place. Here’s our curated list of top cash back cards for this year, each chosen for their unique benefits and features.
Top 12 Cash Back Credit Cards of 2024
Credit card
Annual fee
Intro offer
Apply now
- Spend $500 and get $200 bonus on purchases within the first 3 months.
- Receive unlimited 2% cash back on all purchases.
- 0% intro APR for 15 months on purchases & qualifying balance transfers from account opening. After this period, a variable APR of 20.24%, 25.24%, or 29.99% applies. Balance transfers made within the first 120 days are eligible for the introductory rate with a fee of 3%, after which a balance transfer fee of up to 5% (minimum $5) applies.
- No annual fee.
- No need to track categories or remember spending limits; cash rewards do not expire as long as your account is open.
- Access top sports and entertainment events, book travel, make dining reservations, and more with your complimentary 24/7 Visa Signature® Concierge.
- Enjoy up to $600 in mobile phone protection against damaging or theft, subject to a $25 deductible.
Pros:
- High rewards rate
- No annual fee
- Introductory APR period
Cons:
- No bonus categories
Earn an extra 1.5% cash back on every purchase during your first year, up to $20,000 in spending—allowing you to earn up to $300 in cash back!
Cash Back Rewards Details:
- 6.5% cash back on travel booked through Chase Travel℠, where you can redeem for cash back, travel, gift cards, and more.
- Receive 4.5% cash back on drugstore purchases and dining, including takeout and eligible delivery services.
- Receive 3% cash back on other purchases, up to $20,000 in the first year.
After the First Year or Reaching $20,000 Spend:
- Get 5% cash back on travel bought through Chase Travel℠.
- 3% cash back on drugstore spending and dining, including takeout and eligible delivery services.
- Get Unlimited 1.5% cash back on all other purchases.
Flexible Cash Back Redemption:
Redeem your cash back with no minimum required. You can opt for a statement credit or direct deposit into most U.S. checking and savings accounts. As long as your account is open, your Cash Back rewards won’t expire!
0% Intro APR Offer:
Take advantage of 0% Intro APR for 15 months on purchases and balance transfers from the first day your account is opened. After this period, a variable APR of 20.49% – 29.24% applies.
No Annual Fee:
Enjoy all the benefits of your Freedom Unlimited® card with no annual fee.
Monitor Your Credit Health:
Track your credit score and receive alerts with Chase Credit Journey, offering free access to your latest score and more.
Member FDIC:
Chase is a Member FDIC, providing protection for your funds.
Pros:
- No annual fee
- Introductory APR period
- High rewards rate
- No minimum redemption threshold
Cons:
- Requires good to excellent credit
Blue Cash Preferred® Card from American Express
$0 intro annual fee for the first year, then $95.
$250
Welcome Offer:
- Receive a $250 statement credit after spending $3,000 on qualifying purchases within the first 6 months.
Annual Fee:
- Enjoy $0 annual fee for the first year; thereafter, it will be $95 per year.
Flexible Payment Options:
- Take advantage of $0 introductory plan fees with Plan It® for splitting large purchases into monthly payments. This offer is valid for plans initiated within the first 12 months from account opening. Subsequent plans will incur a monthly fee of up to 1.33%, based on the duration of the plan and other factors.
Introductory APR:
- Benefit from 0% APR on both purchases and balance transfers for the first 12 months. Afterward, a variable APR ranging from 19.24% to 29.99% will apply.
Cash Back Categories:
- Earn 6% cash back at U.S. supermarkets on up to $6,000 in purchases per year (then 1%).
- Receive 6% cash back on select U.S. streaming services.
- Get 3% cash back at U.S. gas stations and on transit, including taxis, rideshares, parking, tolls, trains, and buses.
- Earn 1% cash back on all other purchases.
- Cash back is credited as Reward Dollars, redeemable as statement credits or at Amazon.com checkout.
Disney Bundle Credit:
- Enjoy a $7 monthly statement credit when you spend $9.99 or more on an auto-renewing Disney Bundle subscription using your Blue Cash Preferred Card. This offer is valid at DisneyPlus.com, Hulu.com, or Plus.espn.com in the U.S.
Terms Apply
Advantages:
- High rewards rate
- Generous bonus categories
- Introductory APR period
- Cash rewards
Disadvantages:
- Annual fee applies
- Requires good to excellent credit
- Spending limits on bonus rewards
- Receive a $200 rewards bonus after spending $1,000 on eligible purchases within the first 90 days of account opening.
- Earn 5% cash back on the first $2,000 in combined purchases each quarter across two categories of your choosing.
- Get 5% cash back on prepaid flights, hotels, and car rentals when booked directly through the Rewards Travel Center.
- Collect 2% cash back in one everyday category, such as gas stations, EV charging stations, grocery stores, or restaurants.
- Earn 1% cash back on all other eligible purchases.
- Enjoy 0% Intro APR on purchases and balance transfers for the first 15 billing cycles, with a variable APR of 19.49% to 29.74% afterward.
- No annual fee.
- Terms and conditions apply.
Pros
- No annual fee
- Multiple bonus categories
- Generous rewards rate
Cons
- Rewards structure can be complex
Receive a $200 cash bonus after spending $500 on purchases within the first 3 months of opening your account.
Cash Back Benefits:
- 3% cash back on dining, fun, popular streaming services, and grocery store purchases (excluding superstores like Walmart® and Target®).
- 1% cash back on all other purchases.
- 10% cash back on purchases through Uber & Uber Eats, along with complimentary Uber One membership statement credits until 11/14/2024.
- 8% cash back on purchases made via Capital One Entertainment.
- 5% cash back on hotels and rental cars booking through Capital One Travel, featuring Capital One’s best prices on thousands of travel options. Terms apply.
Additional Features:
- No need for rotating categories or sign-ups to earn rewards.
- Cash back does not expire while the account is open, with no earning limits.
Financial Terms:
- 0% intro APR on purchases and balance transfers for 15 months; after this period, a variable APR of 19.99% – 29.99% applies; balance transfer fee is charged.
- No foreign transaction fees.
- No annual fee.
Advantages:
- No annual fee
- Introductory APR period
- Bonus reward categories
- No foreign transaction fees
Disadvantages:
- Requires good to excellent credit
Citi Double Cash® Card
$0
Enjoy 0% introductory APR for 21 months on purchases and qualifying balance transfers from the date of account opening.
- Earn $200 Cash Back:
- Spend $1,500 within the first 180 days of opening your account.
- Get a $200 cash back reward as 20,000 ThankYou® Points, It can be redeemed for $200 cash back.
- Earn Cash Back on Purchases:
- Earn 2% cash back on every purchase:
- 1% when you buy.
- An additional 1% as you pay off those purchases.
- Make sure to pay at least the minimum due on time to qualify.
- Earn 2% cash back on every purchase:
- Limited Time Offer:
- Earn 5% total cash back on hotels, car rentals, and attractions booked through the Citi Travel℠ portal.
- This offer is accessable until December 31, 2024.
- Balance Transfer Offer:
- Benefit from a 0% introductory APR on balance transfers for 18 months.
- After the introductory period, the variable APR will be between 19.24% and 29.24%, based on your creditworthiness.
Important Notes:
- Balance transfers do not earn cash back.
- The introductory APR is not applicable to purchases.
- Interest will be charged on your purchases if you transfer a balance unless you pay off your all balance (including balance transfers) by the due date each month.
- An introductory balance transfer fee of 3% (minimum $5) applies to transfers completed within the first 4 months of account opening. After that, the fee increases to 5% (minimum $5).
Pros:
- No annual fee
- High rewards rate
- Introductory balance transfer fee
Cons:
- No introductory APR period on purchases
U.S. Bank Shopper Cash Rewards™ Visa Signature® Card
$0 intro for the first year, then $95
$250
- Get 6% cash back on up to $1,500 in combined eligible purchases each quarter at two retailers of your choice, including popular stores like Amazon.com, Walmart®, Target®, and others.
- Earn a $250 bonus after spending $2,000 on eligible purchases within the first 120 days of account opening.
- Receive 3% cash back on up to $1,500 in eligible purchases each quarter in a category of your choice, such as wholesale clubs, gas stations, EV charging stations, or household utilities.
- Enjoy 1.5% cash back on all other eligible purchases without any limits.
- Benefit from 5.5% cash back on prepaid car and hotel bookings made directly through the Rewards Center.
Pros
- Generous rewards rate
- Multiple bonus categories
- Attractive sign-up bonus for new cardholders
Cons
- Annual fee applies
- Reward structure can be complex
Boost your rewards with Discover’s special offer! During your first year, Discover will automatically match all the cash back you earn—there’s no limit to how much you can earn or match. For example, if you earn $150 cash back, Discover will double it to $300!
Here’s what you get:
- 5% Cash Back: Earn 5% cash back on everyday purchases at various places each quarter, like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate.
- 1% Cash Back: Get unlimited 1% cash back on all other purchases automatically.
Easy Reward Redemption: Redeem your cash back for cash at any time.
Quick and Easy Application: Apply today and receive a decision in as little as 60 seconds.
Added Protection: Discover helps you safeguard your personal information by removing it from select people-search websites that might sell your data. This service is free when you activate it through the mobile app.
0% Introductory APR: Enjoy a 0% intro APR on purchases for the first 15 months. After that, a variable APR of 18.24% to 28.24% applies based on your creditworthiness.
No Annual Fee! Terms and conditions apply.
Pros:
- No annual fee
- Introductory APR period
- Bonus categories for extra rewards
- Cash back on all purchases
Cons:
- Reward structure can be complex
- Spending limits on bonus rewards
- Limited acceptance outside the U.S
Blue Cash Everyday® Card from American Express
$0
0% intro APR for 15 months on purchases and balance transfers
Earn a $200 Statement Credit
Receive a $200 statement credit after spending $2,000 on your new Card within the first 6 months.No Annual Fee
There’s no annual fee for this card.Balance Transfer Offer
Balance Transfer is back! Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, a variable APR of 19.24% to 29.99% applies.Cash Back at U.S. Supermarkets
Earn 3% Cash Back at U.S. supermarkets on up to $6,000 in purchases per year, then 1% after that.Cash Back on U.S. Online Retail Purchases
Earn 3% Cash Back on U.S. online retail purchases, up to $6,000 annually, then 1% thereafter.Cash Back at U.S. Gas Stations
Earn 3% Cash Back at U.S. gas stations on up to $6,000 per year, then 1% thereafter.Cash Back Redemption
Cash Back is received as Reward Dollars, which can be redeemed as a statement credit or at checkout on Amazon.com.Disney Bundle Offer
Thinking about getting the Disney Bundle, which includes Disney+, Hulu, and ESPN+? Get $7 back each month as a statement credit when you spend $9.99 or more monthly on an eligible subscription (subject to auto renewal) using your Blue Cash Everyday® Card. Enrollment required.Home Chef Offer
Enjoy up to $15 back per month when you purchase a Home Chef meal kit subscription (subject to auto renewal) with your enrolled Blue Cash Everyday® Card.Terms and Conditions
Terms Apply.
Pros
- No annual fee
- Generous rewards rate
- Introductory APR period
- Multiple bonus categories
Cons
- Requires good to excellent credit
- Spending limits on bonus rewards
- Receive a $200 cash rewards bonus after making at least $1,000 in purchases within the first 90 days of opening your account.
- Earn 1.5% cash back on every purchase, with no limits.
- Boost your cash back by 25%-75% as a Bank of America Preferred Rewards® member, allowing you to earn between 1.87% and 2.62% cash back on all purchases.
- No annual fee.
- Unlimited cash back with rewards that never expire as long as your account remains active.
- 0% Intro APR for 15 billing cycles on purchases and on balance transfers made within the first 60 days. After the introductory period, a variable APR of 19.24% – 29.24% applies. The balance transfer fee is 3% during the first 60 days and 4% thereafter.
- Tap to pay with contactless cards, offering the security of a chip card and the convenience of a tap.
- Exclusive online offer – This deal is only available online, so be sure to apply now before navigating away or visiting a Bank of America financial center.
Pros
- No annual fee
- Attractive sign-up bonus for new cardholders
- Introductory APR offer
Cons
- Top rewards reserved for select customers
- No bonus categories for earning extra rewards
- Requires good to excellent credit
- Earn a $200 bonus when you spend $500 on purchases within the first 3 months of opening your account.
- Get 5% cash back on up to $1,500 in combined purchases each quarter in categories you choose, with new options available each quarter.
- Receive 5% cash back on travel booked through Chase Travel℠, our premier rewards platform offering cash back, travel, gift cards, and more.
- Enjoy 3% cash back on drugstore purchases and dining, including takeout and eligible delivery services, plus unlimited 1% cash back on all other purchases.
- No minimum redemption for cash back rewards. Redeem as a statement credit or direct deposit into most U.S. checking or savings accounts. Rewards don’t expire as long as your account is open.
- 0% Intro APR for 15 months on purchases and balance transfers from account opening, then a variable APR of 20.49% – 29.24% applies.
- No annual fee – Benefit from all the features of the Freedom Flex® card without paying an annual fee.
- Track your credit health with Chase Credit Journey, offering free access to your latest credit score, real-time alerts, and more.
- Member FDIC
Pros
- No annual fee
- Attractive sign-up bonus
- Multiple bonus categories
- Earn cash rewards
- Introductory APR offer
Cons
- Requires good to excellent credit
- Rewards structure can be complex
- Annual Fee: $0
- Rewards Rate: 3% cash back when you checkout with PayPal, 1.5% on all other purchases
- Bonus Offer: None
- Intro APR: N/A
- Ongoing APR: 20.24%, 31.99%, or 34.99% Variable
- Cash Advance APR: 34.99% Variable
- Foreign Transaction Fee: 3% of each transaction
Additional Features:
- Unlimited Cash Back: Earn 3% cash back using PayPal and 1.5% on all other purchases, with no rotating categories.
- No Annual Fee: Enjoy all benefits without any annual charges.
- Credit Application: Apply with no impact to your credit score if declined.
- Combine Offers: Save merchant cash back offers in the app, and they’ll automatically apply at checkout.
- ID Theft Protection: Mastercard ID Theft Protection™ alerts you to potential identity theft.
Pros:
- No annual fee
- Competitive rewards rate
Cons:
- Requires PayPal account
- No 0% introductory APR
- Foreign transaction fee applies
Full List of Editorial Picks: Best Cash Back Cards
Wells Fargo Active Cash® Card
- Our pick for: Flat-rate cash back
- Why we love it: Enjoy unlimited 2% cash back on all purchases with no annual fee. This card is perfect if you prefer a straightforward approach to earning cash back without worrying about rotating categories or spending limits.
Citi Double Cash® Card
- Our pick for: Simplicity + high rate
- Why we love it: Earn 2% cash back on every purchase—1% when you buy and 1% when you pay. This card simplifies cash back with a high rate on all transactions, making it a solid choice for those who want effortless rewards.
Apple Card
- Our pick for: Apple Pay users
- Why we love it: Designed for seamless integration with Apple Pay, this card offers 3% cash back on Apple purchases and 2% cash back on Apple Pay transactions. Ideal for those heavily invested in the Apple ecosystem.
PayPal Cashback Mastercard®
- Our pick for: PayPal users
- Why we love it: Earn 2% cash back on all purchases with no annual fee, and the rewards are automatically credited to your PayPal account. It’s a great option for frequent PayPal users.
Capital One Quicksilver Cash Rewards Credit Card
- Our pick for: Simplicity + 0% APR offer
- Why we love it: Get 1.5% cash back on every purchase and enjoy a 0% intro APR on purchases for 15 months. This card offers both simplicity and a great introductory offer, making it a versatile choice.
Bank of America® Unlimited Cash Rewards credit card
- Our pick for: Simplicity + relationship rewards
- Why we love it: Earn unlimited 1.5% cash back on every purchase with no annual fee. Plus, if you’re a Bank of America customer, you can earn even more with a preferred rewards bonus.
Chase Freedom Unlimited®
Our recommendation for: All-around cash back
Chase Freedom Unlimited® provides robust cash back rewards on all purchases, paired with a lengthy 0% introductory APR period, making it an all-around excellent choice for earning and saving.
Blue Cash Preferred® Card from American Express
- Our pick for: Families & households
- Why we love it: This card offers 6% cash back on select U.S. streaming subscriptions, 3% at U.S. supermarkets, and 1% on other purchases. It’s an excellent choice for families looking to maximize rewards on everyday expenses.
Blue Cash Everyday® Card from American Express
- Our pick for: Popular 3% categories
- Why we love it: Earn 3% cash back on U.S. supermarkets (on up to $6,000 per year in purchases) and 2% at U.S. gas stations and select department stores, making it a great card for frequent shoppers.
U.S. Bank Shopper Cash Rewards™ Visa Signature® Card
- Our pick for: Big-box shoppers
Why we love it: Get 5% cash back on your first $2,000 in combined eligible purchases at home improvement, grocery stores, and department stores each quarter, plus 2% at gas stations and EV charging stations.
Chase Freedom Flex®
- Our pick for: Quarterly categories + cash bonus
Why we love it: Earn 5% cash back on rotating quarterly categories (up to $1,500 in purchases), plus 3% on dining and 1% on other purchases. A versatile card with strong earning potential in various categories.
Discover it® Cash Back
Our recommendation for: Rotating categories + matching bonus
The Discover it® Cash Back card offers 5% cash back on rotating categories each quarter, plus a dollar-for-dollar match of all cash back earned in the first year, alongside a solid 0% APR period.
Citi Custom Cash® Card
- Our pick for: Automatic 5% rewards
- Why we love it: Automatically earn 5% cash back on your top eligible spending category each billing cycle (on up to $500 in purchases) and 1% on other purchases.
Bank of America® Customized Cash Rewards credit card
- Our pick for: Adjustable 3% categories
Why we love it: Choose your 3% cash back category from a list of options (such as online shopping or dining), and earn 2% at grocery stores and wholesale clubs.
U.S. Bank Cash+® Visa Signature® Card
- Our pick for: Wide selection of categories
Why we love it: Earn 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose, and 2% on your first $2,000 in combined eligible purchases each quarter in one additional category.
What Are Cash-Back Credit Cards?
Cash-back credit cards offer a percentage of your spending back as a reward. This cashback can be used to offset future purchases or to receive a statement credit.
Types of Cash-Back Credit Cards
- Flat-Rate Cash Back: Earn a consistent percentage on all purchases.
- Tiered Cash Back: Different rates for different categories.
Rotating Categories: Earn higher cash back in specific categories that change periodically.
Common Cash-Back Bonus Categories
- Grocery Stores
- Gas Stations
- Dining and Entertainment
- Online Shopping
How to Compare Cash-Back Credit Cards
- Annual Fee: Look for cards with no or low annual fees.
- Sign-Up Bonus: Consider cards with attractive bonuses.
- Flexibility: Ensure the card suits your spending habits.
- 0% Introductory APR Period: Useful for making large purchases without interest.
Making the Most of Your Cash-Back Card
- Put Everything on It: Maximize rewards by using your card for all purchases.
- Combine Cards for Optimum Rewards: Use different cards for different categories to maximize cash back.
- Earn Back the Annual Fee: Choose a card where the cash back earned exceeds the annual fee.
- Take Advantage of Rotating Bonus Categories: Stay updated on categories to earn more.
- Earn Your Sign-Up Bonus: Meet the spending requirement to receive the bonus.
Use the Card’s Shopping Portal for Extra Rewards: Some cards offer additional rewards through their shopping portals.
Frequently Asked Questions
Cash-back cards provide a percentage of your spending back as rewards.
Yes, rewards can typically be redeemed for statement credits, gift cards, or sometimes merchandise.
Some cash-back cards have annual fees, foreign transaction fees, or balance transfer fees.
Our Evaluation Process
Our picks are based on factors such as cash-back rates, bonus categories, ease of use, and cardholder reviews.
I’m Kyle Bee, and I created Be Rich Finance to share the financial lessons I’ve learned over the years. After struggling to navigate personal finance myself, I realized many people need clear, straightforward advice. Through my website, I offer tips on investment strategies, credit card rewards, and wealth management, all aimed at helping others achieve financial freedom. Join me at Be Rich Finance, and let’s build wealth together.