This One Credit Card Will Get You the Most Cash Back Right Now
Experts say this is the best cash-back credit card currently on the market.
Let's admit it, choosing the right credit card can be a stressful process. There are so many variables to consider—from annuals fees to credit score requirement—not to mention the various rewards and benefits each card offers, and how those align with your lifestyle and spending habits. Then there are those hidden fees and interest rates you have to reckon with. In other words, it takes a lot of work to make a truly informed decision when it comes to choosing a credit card that's right for you. Perhaps a good cash back program is high on your credit card priority list because, well, who doesn't like some extra money in their pocket?
To help you decide on the credit card that is going to get you the most cash back, the experts at personal finance site WalletHub compared more than 1,500 current credit card offers. From that large pool, they narrowed down the field to the cards that offer cash back rewards, comparing those offers based on initial bonuses, rewards earnings rates, annual fees, and more. From that analysis, here are the best credit cards that will get you the most cash back right now. And for more money matters, check out This Is the State Where Your Money Is Worth the Least.
8
Alliant Cashback Visa Signature Credit Card
Best for: Cash back on all purchases
Cash-back rate: 2.5 percent
Annual fee: $0.00 for the first year; $99.00 after that
What kind of credit you need to get one: Excellent
Learn more about the Alliant Cashback Visa Signature credit card here.
If you are worried about having buyer's remorse after choosing a credit card, put that into perspective by checking out What You're More Likely to Regret Than Anything Else You Do.
7
Discover It
Best for: People with bad credit
Cash-back rate: 1-2 percent
Annual fee: $0.00
What kind of credit you need to get one: Bad
Learn more about the Discover It credit card here.
6
U.S. Bank Cash+ Visa Signature Card
Best for: Cash bonus for good credit ($200.00)
Cash-back rate: 1-5 percent
Annual fee: $0.00
What kind of credit you need to get one: Good
Learn more about the U.S. Bank Cash+ Visa Signature Card here.
And to make sure you have money to pay off those monthly bills, avoid The Biggest Career Mistake You'll Ever Make, According to Experts.
5
Chase Freedom Unlimited
Best for: No APR on purchases
Cash-back rate: 1.5-5 percent
Annual fee: $0.00
What kind of credit you need to get one: Good
Learn more about the Chase Freedom Unlimited credit card here.
And for more things that will help you and your family stay on the right financial track, check out The No. 1 Sign You Shouldn't Buy That House, According to Realtors.
4
Capital One QuicksilverOne Cash Rewards Credit Card
Best for: People with limited-to-fair credit and looking for low annual fee
Cash-back rate: 1.5 percent
Annual fee: $39.00
What kind of credit you need to get one: Fair
Learn more about Capital One QuicksilverOne Cash Rewards Credit Card here.
3
Citi Double Cash Card—18 month BT offer
Best for: Flat-rate rewards
Cash-back rate: 2 percent
Annual fee: $0.00
What kind of credit you need to get one: Excellent
Learn more about the Citi Double Cash Card here.
2
Capital One Savor Cash Rewards Credit Card
Best for: Dining and entertainment
Cash-back rate: 1-4 percent
Annual fee: $95.00
What kind of credit you need to get one: Good
Learn more about the Capital One Savor Cash Rewards Credit Card here.
1
Blue Cash Preferred Card from American Express
Best for: Most cash back overall
Cash-back rate: 1-6 percent
Annual fee: $0.00 for the first year; $95.00 after that
What kind of credit you need to get one: Good
Learn more about Blue Cash Preferred Card from American Express here.
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