Cash back credit cards can help consumers practice responsible spending while earning a little extra for their efforts when used properly. It wasn’t long ago that the best cash back credit cards were offering rewards as high as 5% for purchases, and we are seeing a return of those types of offers. Certain cash back credit cards are offering rewards as high as 5% for purchases in categories that change each quarter when you enroll and are usually subject to quarterly maximums.
Today’s cash back credit cards generally offer 1% cash back on purchases. However, if you look hard enough, you’ll find a number of credit cards with higher cash rebates than just 1%. This article lists a selection of cash back credit cards you can find today, and I update the article when there is new information to share. Keep in mind that in order to make credit card with rewards programs worthwhile, you must avoid interest charges and late fees by paying your bill on time and in full every single month.
If you’re holding on to a cash back credit card that you feel deserves to make this list, let me know by leaving your thoughts in the comments below. If the offer is good, I’ll add it to this best cash back credit cards list.
Updated March 3, 2014 and originally published January 25, 2012. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.