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Cash Back Credit Cards

Cash Back Credit Cards

Compare cashback rewards, read reviews, and apply online
Using a credit card with cash back can be a great way to stretch your budget and be rewarded for your purchases. As long as you pay your balance in full each billing cycle, the card issuers are essentially paying you to use their card. Plus, cash back rewards are usually easier to understand than rewards programs involving points and miles.

Chase Freedom Unlimited Review: Is It Good?

Chase Freedom Unlimited

With a cash back offer and no annual fee, does Chase Freedom Unlimited® live up to the hype? Read this in-depth review to see how it stacks up.


Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

For rates and fees of the Blue Cash Everyday® Card from American Express card, please click here.
For rates and fees of the Blue Cash Preferred® Card from American Express card, please click here.

Disclaimer: The information for the Citi® Double Cash Card, Capital One Quicksilver Cash Rewards Credit Card, Capital One QuicksilverOne Cash Rewards Credit Card, Bank of America® Customized Cash Rewards credit card, Discover it® Cash Back, Discover it® Student Cash Back, Discover it® Chrome, Costco Anywhere Visa® Card by Citi, Discover it® Student Chrome, and Discover it® Secured has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.


Cash Back Rewards Benefits

Why Choose a Rewards Credit Card with Cash Back

Here are some of the advantages of having cash back rewards:

  • Cash back is like getting a discount every time you shop. Getting 3% cash back at the gas station is like getting 3% off your total bill. In fact, it's like easy money - you are essentially being paid to use your credit card.

  • Cash back is easy. Who wants to do math on reward points? With cash back, your return for spending is much easier to understand and the math is minimal (just pay attention to how you'll get the cash - through statement credit, gift card or an actual check).

    Besides the credit cards we feature on CreditDonkey, you may also want to check with your local bank or credit union. Most big national banks like Bank of America, Chase, Citi and Wells Fargo have cashback credit cards too.

  • Cash back makes more sense for some lifestyles than other rewards. Credit cards used to offer airline miles almost exclusively as rewards. Travel rewards and other travel perks are still available on some cards today, but for people who don’t travel much, a cash back reward structure is more useful, convenient, and practical.

What to Watch Out For

Consider these factors before and after you decide on a cash back rewards credit card:

  • Interest rates: Credit cards with cash back rewards tend to have higher than average interest rates, so make sure you pay the balance in full each month. If you plan to carry a balance, look for a credit card with low interest instead.

  • Introductory offers: Credit card companies offer a variety of incentives to get you to choose their card, but many of them don’t last long. These range from 0% APR balance transfers for an introductory period, to bonus cash offers for signing up, to 5% cash back on categories that change.

  • Overspending: Since you’re earning cash back as a percentage of your spending, your rewards increase as you spend more. This can make overspending very tempting. Don’t spend more than you can afford, and always purchase wisely.

Calculate the rewards you could earn with several cards, based on your normal spending habits, to figure out which card will earn you the most rewards. No matter which card you choose, always remember the importance of paying your bill in full each month – or else you will lose out on the reason you chose a cash back card in the first place.


Articles on Cash Back Rewards

Discover It Card Review: Cash Back Rewards Promotion

Discover It Card Review

With bonus cash back, low interest rate and no annual fee, Discover It is a good card for many. Is it right for you? Read on for the pros and cons.
Blue Cash Preferred Review: Worth Annual Fee?
Blue Cash Preferred Review: Worth Annual Fee?

Blue Cash Preferred

If you are looking to get cashback rewards on common household categories like purchases at U.S. supermarkets and U.S. gas stations, consider the Blue Cash Preferred® Card from American Express. Amex created the Preferred card as an upgrade to ...

Blue Cash Everyday

If you want a cash back credit card with the same rewards categories year-round, then consider the Blue Cash Everyday® Card from American Express, a CreditDonkey partner.
Chase Freedom Unlimited Credit Limit
Chase Freedom Unlimited Credit Limit

Chase Freedom Unlimited Credit Limit

Many Chase Freedom Unlimited® users receive a credit limit of $1,000 - $3,000. Find out how Chase determines your credit limit and how to get an increase.
Can You Get Cashback with a Credit Card?

Can You Get Cashback with a Credit Card

Are you in a bind and need some cash? There are a few ways to get immediate cash back from a credit card, but be careful. Read on for the details.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

Disclaimer: The information for the Discover it® Cash Back has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.


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About CreditDonkey
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

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