The Top 5 Best Personal Credit Cards for Earning Cashback Rewards
Are you considering getting a personal credit card that offers cashback rewards? Do you know which credit card would be best for you? In this article, we will be discussing the top 5 best personal credit cards for earning cashback rewards.
1. Chase Freedom Unlimited
The Chase Freedom Unlimited card offers unlimited 1.5% cashback on all purchases, making it a great card for everyday use. Additionally, new cardholders can earn a $200 bonus after spending $500 on purchases within the first three months of opening the account. There is no annual fee for this card, and there are also no minimum redemption amounts.
2. Capital One Quicksilver Cash Rewards Credit Card
The Capital One Quicksilver Cash Rewards Credit Card offers 1.5% cashback on all purchases and also has a $200 cashback bonus for new cardholders who spend $500 within the first three months. There are no annual fees or foreign transaction fees. Another benefit of this card is that all transactions are eligible for cashback rewards, regardless of the amount.
3. Citi Double Cash Card
The Citi Double Cash Card offers the highest cashback percentage at 2%: 1% cash back on all purchases, and an additional 1% cashback when you pay your credit card bill. This card does not offer a sign-up bonus, but the benefits of a high cashback percentage tend to outweigh that aspect. Additionally, there is no annual fee for this card.
4. Blue Cash Preferred Card from American Express
The Blue Cash Preferred Card from American Express offers 6% cash back on up to $6,000 spent at U.S. supermarkets each year, 6% cash back on select U.S. streaming services, 3% cash back at U.S. gas stations and on transit, and 1% cashback on all other purchases. However, there is a $95 annual fee for this card, so it is important to weigh the benefits against the cost.
5. Discover it Cash Back
The Discover it Cash Back card offers 5% cashback on rotating categories that change each quarter. Additionally, all other purchases earn 1% cashback. Plus, Discover will match all cashback earned during the first year for new cardholders. There is no annual fee for this card.
Conclusion
There are many personal credit cards available that offer cashback rewards, but choosing the right one can be daunting. By considering your spending habits and needs, and comparing the card offerings, you can choose the right credit card that will work for you best. By using a credit card to your advantage, you can earn cashback rewards, improve your credit score, and use the card benefits to your benefit. So do not hesitate – start comparing and choosing the right card today!
