We Fools like this credit card for its generous, flexible cash -
back rewards rate, $ 0 annual fee, and lengthy 0 % intro APR offer.
The minimum cash
back rewards rate is set at 5 % but there are some merchants that increase it to 10 % or even 20 %.
Paying on time can step up your cash
back rewards rate and it can help you in another way.
This card offers a flat 1 % cash
back rewards rate on every purchase.
The generous cash
back rewards rate makes the Citi Double Cash a great choice.
All in all, this card's a good choice for business owners who want a higher cash
back rewards rate without an annual fee.
Annual Fee: $ 0 Recommended Credit: Good to Excellent Bottom Line: Although the Quicksilver card has a relatively short balance transfer period, if you can pay off your balance quickly, this card is a good one to have in your wallet long - term because of the cash
back rewards rate.
A quick shortcut is to compare your estimated value to a card with no annual fee and a 1.5 % cash -
back rewards rate.
It is a hassle free and simple card that gets you the highest pure cash
back rewards rate (1.5 %, about 50 % higher than average) with the... Read More
We Fools like this credit card for its generous, flexible cash -
back rewards rate, $ 0 annual fee, and lengthy 0 % intro APR offer.
But the Discover it ® chrome for Students offers a higher 2 % cash
back rewards rate on gas and restaurant purchases, up to $ 1,000 in combined purchases per quarter.
If you're a Prime member, however, the 5 %
back rewards rate is tough to match.
This card offers a flat 1 % cash
back rewards rate on every purchase.
When you pay on time, Capital One increases your cash
back rewards rate to 1.25 %.
The base 1.5 % cash
back rewards rate is solid and competitive.
The generous cash
back rewards rate makes the Citi Double Cash a great choice.
Many cash back credit cards have a flat cash
back rewards rate of 1 % or 1.5 %, although, a few pay 5 % on rotating spending categories throughout the year.
The minimum cash
back rewards rate is set at 5 % but there are some merchants that increase it to 10 % or even 20 %.
The Capital One ® Savor ® Cash Rewards Credit Card has one of the highest cash -
back rewards rates on restaurant and grocery spending we've seen.
Annual Fee: $ 0 Recommended Credit: Good to Excellent Bottom Line: The Blue Cash Everyday has great cash
back rewards rates on everyday spending categories and offers a solid 0 % intro period for you to pay off a balance transfer.
This card features a tiered rewards system, with different cash
back rewards rates.
A note on methodology: Because cash
back rewards rates vary based on what you're buying, we used a weighted basket to represent the average cardholder's monthly spending:
The Capital One ® Savor ℠ Cash Rewards Credit Card has one of the highest cash -
back rewards rates on restaurant and grocery spending we've seen.
Not exact matches
The annual percentage
rate on retail cards is over 23 percent on average, compared to 10 percent for the average low
rate card and 15 percent for the average cash -
back or
rewards card, according to a CreditCards.com analysis.
Their business credit cards feature cash
back, travel
rewards, or low interest
rates.
If you're looking to be more active in your spending, using select cards on purchases that offer higher
reward rates, there are certainly alternatives that earn more cash
back.
The Barclays CashForward ™ World Mastercard ® is a flat
rate 1.5 % cash
back card, that gives a 5 % bonus
reward towards your next redemption, each time you redeem.
It can be overwhelming picking between travel
rewards, cash
back options, and interest
rates.
It offers flat
rate cash
back on all purchases of 1 %, with the potential for 1.25 % in
rewards if the cardholders pay on time.
The Capital One ® Quicksilver ® Cash
Rewards Credit Card offers a flat 1.5 % cash
back rate.
The least lucrative option, as a rule, is to turn your
rewards into cash
back at a
rate of a penny a point.
The Citi ® Double Cash Credit Card is among a rare breed of
rewards card that offers a high cash -
back rate on all your spending, with no restrictions on how you spend that money.
Cards with great travel or cash
back rewards will cost you more in the long run if you're constantly paying a high interest
rate on your balance.
Figuring out the
rewards rate for each card makes it easier to compare cash -
back, co-branded and travel
reward cards.
The Discover it ® — Cashback Match ™ currently offers some of the highest cash
back rates of any
rewards credit card, albeit not on all of your purchases or on the same spending all the time.
The typical secured card does not offer a
rewards program at all, but the State Department's card gives you a 1 %
rewards rate back - that's about the same
rate you'd get with the average unsecured
rewards credit cards.
Up to 10 %
back on your spending — The highest cash -
back credit cards offer promotions that can help you pocket up to 10 %
back, while others earn cash
rewards at
rates of 1 % to 5 %.
«Whereas companies routinely
reward their shareholders with higher dividends, no company in the history of finance, going
back as far as the Medicis, has
rewarded its bondholders by raising the interest
rate on a bond.»
People with lower credit scores won't be completely cut off from earning cash
back, but should expect lower -
rate cash
rewards programs in the range of 1 % to 1.5 % for a flat -
rate card.
Annually funding billions of dollars in mortgages creates volume discounts which may include discounted interest
rates, reduced closing costs for legal and appraisal services, cash
back rewards or seasonal promotions.
As a cash
back card, the Chase Freedom Unlimited ® card offers a high
rewards rate and a tempting sign - up bonus.
While the opportunity for point value is lower, cash
back programs are simple and cardholders are guaranteed a predictable
rate of return from their credit card
rewards, without having to decipher loyalty programs or search for award availability.
Every time you swipe your card you'll earn unlimited cash
back rewards at a
rate of 1.5 %.
And the
rewards come at an impressive
rate: 4 % cash
back on eligible gas purchases up to $ 7,000 per year, 1 % after and 3 %
back on restaurants and eligible travel purchases.
If you'd rather have a simple card with a
rewards program that you never have to maintain, consider applying for a fixed -
rate cash
back card like the Citi ® Double Cash Credit Card.
The two have a similar name — but the Capital One ® Quicksilver ® Cash
Rewards Credit Card has lower interest
rates a sizable cash -
back bonus and no annual fee.
Most of the best
rewards credit cards don't offer promotional
rates, except for cash
back cards.
Other customers receive higher
rates and may be offered an account with different
rates or terms, including no introductory
rates but the same cash
back rewards offer.
The discount is effectively a cash
back / statement credit award at a
rewards rate of 1.5 %.
A good cash
back credit card can earn users a 2 %
rewards rate on all their spending — this is usually a barometer used to measure a credit card's worth.