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top rated credit cards for cash rewards

Top-rated credit cards for cash rewards typically offer competitive cashback rates, no annual fees, and a range of additional benefits such as welcome bonuses and flexible redemption options. These cards are designed to provide maximum value for everyday spending, making them a popular choice among consumers looking to optimize their financial rewards.

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Among the top-rated options are the Chase Freedom Unlimited, which offers a flat 1.5% cashback on all purchases and 3% on dining and drugstore purchases, and the Citi Double Cash Card, which provides 2% cashback—1% when you buy and another 1% when you pay off your balance. The Blue Cash Preferred Card from American Express is also highly rated, offering 6% cashback on U.S. supermarkets (up to $6,000 per year in purchases), 6% on select U.S. streaming subscriptions, 3% on transit and U.S. gas stations, and 1% on other purchases. Additionally, the Discover it Cash Back card features a unique rotating category system, offering 5% cashback on quarterly categories like groceries, restaurants, and Amazon.com, up to the quarterly maximum, and 1% on all other purchases. Each of these cards comes with its own set of perks and potential drawbacks, so it's crucial for consumers to assess their spending habits and financial goals to choose the best option for their needs.

  • Chase Freedom Unlimited
    Chase Freedom Unlimited

    Chase Freedom Unlimited - Cash-back credit card with versatile rewards and no annual fee.

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  • Citi Double Cash
    Citi Double Cash

    Citi Double Cash - Citi Double Cash offers 2% cash back on all purchases.

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  • Wells Fargo Active Cash
    Wells Fargo Active Cash

    Wells Fargo Active Cash - Wells Fargo Active Cash: Unlimited 2% cash rewards card.

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  • American Express Blue Cash Preferred
    American Express Blue Cash Preferred

    American Express Blue Cash Preferred - Cash back rewards, premium benefits, everyday purchases.

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  • Capital One SavorOne
    Capital One SavorOne

    Capital One SavorOne - Capital One SavorOne: rewards dining, entertainment, groceries, no annual fee.

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  • Bank of America Customized Cash Rewards
    Bank of America Customized Cash Rewards

    Bank of America Customized Cash Rewards - Tailored cashback on everyday purchases and preferred categories.

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  • Discover it Cash Back
    Discover it Cash Back

    Discover it Cash Back - Rewards credit card with rotating cashback categories.

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  • U.S. Bank Cash+ Visa Signature
    U.S. Bank Cash+ Visa Signature

    U.S. Bank Cash+ Visa Signature - Flexible cash back, customizable rewards, no annual fee.

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  • PNC Cash Rewards
    PNC Cash Rewards

    PNC Cash Rewards - PNC Cash Rewards: Cashback on everyday purchases.

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  • HSBC Cash Rewards Mastercard
    HSBC Cash Rewards Mastercard

    HSBC Cash Rewards Mastercard - HSBC Cash Rewards Mastercard: Cashback, no annual fee, versatile rewards.

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top rated credit cards for cash rewards

1.

Chase Freedom Unlimited

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Chase Freedom Unlimited is a popular cash-back credit card offering versatile rewards and robust benefits. It provides unlimited 1.5% cash back on all purchases, without category restrictions. Additionally, cardholders can earn 3% cash back on dining and drugstore purchases, and 5% on travel booked through Chase Ultimate Rewards. The card comes with no annual fee, making it an attractive option for everyday spending and maximizing rewards. Plus, it includes perks like purchase protection and extended warranty coverage.

Pros

  • pros Cash back rewards
  • pros No annual fee
  • pros Flexible redemption options
  • pros Sign-up bonus
  • pros Purchase protection.

Cons

  • consForeign transaction fees
  • cons High APR
  • cons Limited travel benefits
  • cons Requires good credit
  • cons Balance transfer fee.

2.

Citi Double Cash

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Citi Double Cash is a popular cash-back credit card from Citibank that offers a straightforward and rewarding earning structure. Cardholders earn 2% cash back on all purchases—1% when they buy and an additional 1% when they pay off those purchases. With no annual fee and flexible redemption options, Citi Double Cash is an attractive choice for individuals seeking a simple, high-value cash-back card that rewards both spending and responsible financial habits.

Pros

  • pros No annual fee
  • pros 2% cash back on all purchases
  • pros flexible redemption options
  • pros long introductory APR
  • pros no category restrictions.

Cons

  • consNo sign-up bonus
  • cons foreign transaction fee
  • cons no travel rewards
  • cons requires good to excellent credit
  • cons limited additional perks.

3.

Wells Fargo Active Cash

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Wells Fargo Active Cash is a credit card designed to offer straightforward, unlimited 2% cash rewards on purchases, making it an ideal choice for those seeking simplicity and value in their spending. It features a $0 annual fee, a generous welcome bonus, and a 0% introductory APR for the first 15 months on purchases and balance transfers. With robust security features and easy redemption options, it provides a seamless and rewarding experience for cardholders.

Pros

  • pros Unlimited 2% cash rewards
  • pros No annual fee
  • pros Intro APR offer
  • pros Cell phone protection
  • pros Wide acceptance

Cons

  • consForeign transaction fees
  • cons High credit score required
  • cons Limited travel perks
  • cons No bonus categories
  • cons Standard redemption options

4.

American Express Blue Cash Preferred

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The American Express Blue Cash Preferred Card is a popular cash back credit card known for its high rewards on everyday spending. Cardholders earn up to 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%), 6% on select U.S. streaming subscriptions, 3% at U.S. gas stations and on transit, and 1% on other purchases. It also offers a welcome bonus and various additional benefits, making it ideal for families and frequent shoppers.

Pros

  • pros High cashback rates
  • pros Offers 6% on groceries
  • pros No annual fee first year
  • pros Access to Amex offers
  • pros Strong customer service.

Cons

  • consHigh annual fee after first year
  • cons Limited acceptance abroad
  • cons Cashback categories restrictive
  • cons Requires good credit
  • cons Foreign transaction fees.

5.

Capital One SavorOne

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The Capital One SavorOne is a popular rewards credit card known for its generous cash back offerings, particularly for dining, entertainment, and grocery purchases. Cardholders earn 3% cash back on these categories and 1% on all other purchases. With no annual fee, the SavorOne provides an attractive option for those who enjoy dining out and entertainment, while also offering benefits like no foreign transaction fees, making it a versatile choice for everyday use and travel.

Pros

  • pros No annual fee
  • pros 3% cash back on dining
  • pros unlimited rewards
  • pros 0% intro APR
  • pros no foreign transaction fees

Cons

  • consRewards categories limited
  • cons higher APR after intro
  • cons average customer service
  • cons limited travel benefits
  • cons requires good credit

6.

Bank of America Customized Cash Rewards

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Bank of America Customized Cash Rewards is a flexible credit card designed to cater to individual spending habits. Cardholders can earn 3% cash back in a category of their choice, such as gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. Additionally, it offers 2% cash back at grocery stores and wholesale clubs, and 1% on all other purchases. With no annual fee and the ability to change the 3% category monthly, it provides tailored rewards for diverse lifestyles.

Pros

  • pros Flexible cash back categories
  • pros No annual fee
  • pros Intro APR offers
  • pros Online and mobile banking tools
  • pros Preferred Rewards benefits

Cons

  • consForeign transaction fees
  • cons Complex rewards structure
  • cons Limited high-value categories
  • cons Requires good credit
  • cons Redemption restrictions

7.

Discover it Cash Back

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The Discover it Cash Back is a popular credit card known for its rewarding cashback program. Cardholders earn 5% cash back on rotating quarterly categories, such as groceries, gas, and restaurants, up to a quarterly maximum, and 1% on all other purchases. The card features no annual fee, and Discover matches all the cash back earned in the first year for new members. Additional perks include free FICO credit score access, robust security features, and excellent customer service.

Pros

  • pros No annual fee
  • pros Cashback match first year
  • pros Rotating 5% categories
  • pros Easy redemption options
  • pros 0% intro APR.

Cons

  • consRequires activation for bonus categories
  • cons Limited 5% categories
  • cons Foreign transaction fee
  • cons Rewards cap
  • cons High regular APR.

8.

U.S. Bank Cash+ Visa Signature

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The U.S. Bank Cash+® Visa Signature® Card is a versatile cash back credit card offering customizable rewards. Cardholders can earn 5% cash back on two categories of their choice, such as home utilities or department stores, 2% cash back on an everyday category like grocery stores or gas stations, and 1% on all other purchases. With no annual fee and flexible reward options, it’s an excellent choice for those seeking personalized cash back benefits.

Pros

  • pros Customizable rewards
  • pros no annual fee
  • pros 5% cash back on selected categories
  • pros 0% intro APR
  • pros Visa Signature benefits.

Cons

  • consLimited 5% categories
  • cons requires activation each quarter
  • cons high balance transfer fee
  • cons foreign transaction fee
  • cons high penalty APR.

9.

PNC Cash Rewards

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PNC Cash Rewards is a credit card offering from PNC Bank that provides customers with a straightforward cash back rewards program. Cardholders earn cash back on everyday purchases, including higher rates for categories such as gas, dining, and grocery stores. The card features no annual fee and offers additional benefits like travel and purchase protection. PNC Cash Rewards aims to provide a convenient and rewarding experience for individuals looking to maximize their spending power through cash back incentives.

Pros

  • pros Cashback on purchases
  • pros No annual fee
  • pros Flexible redemption options
  • pros Introductory APR offer
  • pros Mobile app integration

Cons

  • consForeign transaction fees
  • cons Limited bonus categories
  • cons High APR after intro period
  • cons Cashback expiration
  • cons Limited customer service hours

10.

HSBC Cash Rewards Mastercard

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The HSBC Cash Rewards Mastercard is a versatile credit card designed to offer cash back on everyday purchases. Cardholders earn a competitive percentage back on all eligible spending, plus additional rewards on specific categories. There are no annual fees, and the card often includes an introductory APR period for purchases and balance transfers. Additional perks include no foreign transaction fees, making it ideal for international use, and access to HSBC's suite of financial tools and customer support.

Pros

  • pros No annual fee
  • pros 3% cash back in first year
  • pros no foreign transaction fees
  • pros introductory 0% APR
  • pros comprehensive travel insurance.

Cons

  • consHigh ongoing APR
  • cons limited rewards categories
  • cons cash back redemption threshold
  • cons foreign customer service issues
  • cons potential balance transfer fee.

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