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5 Cashback Credit Cards
The best 5 cashback credit cards offer great benefits, and can help you get a bit back on purchases you make every day. The cashback benefits offered by various cards can differ, so choosing the right card is important. Which cashback card is right for you may depend upon your spending habits, where you spend your money, and what you need out of a credit card. If you are interested in learning how to earn 5% cashback on purchases, take a look at these 5 cashback credit cards.
The Citi Dividend Platinum Select is one of the top 5 cashback credit cards. This card offers a 5% cashback rebate on gas, groceries, and drugstore purchases, as well as any purchases at convenience stores and on utilities, including cable for 6 months. Other purchases qualify for a 1% cashback reward. After the 6 month period, these categories of purchases will earn a 2% cashback reward. Furthermore, the card offers 0% APR balance transfers for 12 months, and has no annual fee. This can be a good card, especially if you use a credit card to pay your utility expenses.|
| | Chase Freedom Cash Visa Signature Card |
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Intro APR - N/A
Intro Period - N/A
Regular APR - 17.74%
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| Citi® Dividend Platinum Select® Card |
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Intro APR - 0% For Transfers
Intro Period - Up to 12 Months
Regular APR - As low as 12.99%
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| Capital One® No Hassle Cash(SM) Rewards - Excellent Credit |
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Intro APR - N/A
Intro Period - N/A
Regular APR - 14.9%
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| Discover More (SM) Card - Top Cashback Offer |
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Intro APR - 0%
Intro Period - 6/12 Months*
Regular APR - 10.99%
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Another great choice in the best 5 cashback credit cards is the Capitol One No Hassle Cash Rewards card. While this card only offers a 1% cashback reward, there is a 25% annual bonus on your cash reward, possibly increasing the total reward substantially. Furthermore, there is no limit on the possible cash rewards, and your rewards do not expire. Act now, and you will have a 0% APR on all purchases until July 2008. You can also request your cash rewards at any point, and the Capitol One No Hassle Rewards card has no annual fee.
You might also want to consider the Chase Freedom Cash Visa Signature card. This one on the top 5 cashback credit card list offers some great perks. You will receive 3% cash back on your top 3 spending categories, and 1% cash back on other purchases. Furthermore, you will receive a $50 bonus with your first purchase and another $50 bonus when you redeem $200 in cash back rewards. You may want to note that regular APR on this card is somewhat higher than on the top two of the 5 cashback credit cards.
The Citi CashReturns Mastercard offers a low APR of 10.49, as well as 5% cash back on all purchases for a 3 month period. After the introductory period, all purchases will earn 1% cash back. For your convenience, a check will be mailed to you whenever you reach $50 in cash rewards.
The cash back trend began with the Discover card, so it is no surprise to see a Discover card on this list. The Discover Motiva card offers a pay-on-time cash bonus, 5-20% cash back bonuses at some online retailers, and up to 1% cash back on all purchases. A 10 month introductory period features a low 3.9% APR, and the regular APR is a reasonable 10.99%. You can also more than double your cash rewards by redeeming them for gift cards at a number of retailers.
A cash back credit card can be a great way to get back a little of what you spend. Comparison shop for the right card carefully, considering all factors. Look for a low APR if you expect to carry a balance; however, do be aware that even low interest charges will quickly eat up the benefits of one of these 5 cashback credit cards. Smart shoppers can make good use of these deals, but as always, read the fine print carefully and make sure you make the right choice for your needs and, in the case of a rewards card, your spending habits.
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