Some savvy consumers only use credit cards to enjoy the cash back. No need for travel rewards or other perks. They just want a percentage back on their purchases. And they want this percentage back to come in the form of a cash back check whenever they want. It wasn’t long ago that the best cash back credit cards were going unused. Now, many consumers are playing the cash back game.
I cash in at least $200 annually in rewards from cash back credit cards and I never pay a dime in credit card interest. So how do you find the best cash back card? Well, it really depends on a few factors: how you earn the points, access and thresholds, as well as any fees or interest charges that might negate the use of the card. In the below list of cash back credit cards, I’ve tried my best to consider all the factors above and give you a thorough review of each of the cards.
PT’s Pick for Best Cash Back Card
Citi Double Cash Card – A simple name with a simple and terrific rewards program, the Citi Double Cash Card is a brand new cash back credit card that offers the best rewards package in the industry. Cardmembers will receive 1% cash back on all purchases made PLUS another 1% cash back when they pay their credit card bill. Also included is a 0% intro APR on purchases and balance transfers for 15 months, after that the APR becomes 12.99%, 15.99%, 18.99%, 20.99%, and 22.99% variable.