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top Cash back credit cards 2017

Cash back credit cards make it easy to earn rewards for the purchases you make every day. In most cases, you’ll earn a percentage of cash back on each purchase you make. That percentage can be high — up to 6% — in select categories, while you’ll get a standard 1% in other categories.

For many people, the best cash back strategy may be combining a more general rewards card with a cash back card, like the Chase Sapphire Preferred® Card and the Chase Freedom®.

 

When you combine these cards, you’ll enjoy 5% cash back in the Chase Freedom®’s rotating categories — and the Chase Sapphire Preferred® Card’s premium perks. (These perks include 1:1 point transfer to leading airline and hotel loyalty programs and 25% extra value when you redeem points for travel through Chase Ultimate Rewards.) But the best part is, rewards earned with these cards are transferable, so you can pool your points to earn rewards quickly.

If you’d prefer to stick with a single cash back card, look for one with a high cash back rate and a good bonus. The Discover it® Cashback Match™ is a great choice for most people. It offers an impressive 5% cash back on rotating categories plus 1% cash back on all other purchases. The card also has a unique bonus — a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically. That even applies to the rotating 5% cash back categories, so your rewards can add up quickly.

What Is a Cash Back Card?

Cash back is a marketing term for a type of rewards credit card. A cash back card is often the first rewards card many people get because the cash back rewards structure favors cardholders who are not frivolous and have targeted spending habits.

Check out our shortlist of the best cash back cards of 2017. When you find one you like, you can apply online in just a few clicks.

The Simple Dollar’s Best Cash Back Credit Cards

  1. Discover it® Cashback Match™
  2. Chase Freedom® Unlimited
  3. BankAmericard Cash Rewards™ Credit Card
  4. Chase Freedom®
  5. Barclaycard CashForward™ World Mastercard®
  6. Blue Cash Preferred® Card from American Express

Discover it® Cashback Match™

The Discover it® Cashback Match™ is one of the best cash back cards out there. Like the Chase Freedom®, it offers 5% cash back on rotating categories — one of the highest cash back rates available today. Discover cards aren’t accepted everywhere, but when they are, they’re well worth owning due to the high rewards and great benefits. The Discover it® Cashback Match™ is also one of the rare cash back cards with no foreign transaction fees, so be sure to pack it for your next trip abroad.

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Card Highlights Provided by Discover:

  • You could turn $200 into $400 with Cashback Match™. Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
  • Earn 5% cash back in rotating categories each quarter like gas stations, Amazon.com, restaurants, wholesale clubs and more, up to the quarterly maximum each time you activate. Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your FICO® Credit Score for free on monthly statements, on mobile and online.
  • No annual fee.
  • Click “APPLY NOW” to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.

Chase Freedom® Unlimited

The Chase Freedom® Unlimited is a solid alternative for anyone who prefers flat-rate, unlimited cash back to a card with rotating bonus categories. With this card, you’ll get unlimited 1.5% cash back on every purchase – it’s automatic!

With no annual fee and a high welcome bonus, the Chase Freedom® Unlimited℠ makes it easy to start earning rewards as soon as you open your account. This card pairs well with other Chase cards, like theChase Sapphire Preferred® Card. (Chase Ultimate Rewards® Points are transferrable between these two cards, so you can accumulate points more quickly.) Points are also transferrable to leading airline and hotel partners for ultimate flexibility.

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  • Unlimited 1.5% cash back on every purchase – it’s automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.74-24.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Redeem for cash – any amount, anytime
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee

BankAmericard Cash Rewards™ Credit Card

Are you a Bank of America or Merrill Lynch customer? If so, you’ll definitely want to consider this card. It offers an interesting cash back bonus for existing customers, plus decent cash back earning potential — all with no annual fee.

With the BankAmericard Cash Rewards™ Credit Card, you’ll earn 1% cash back on everything, 2% at grocery stores and wholesale clubs, and 3% on gas (on up to $2,500 in combined purchases each quarter). But there’s more. If you’re a Bank of America® customer, you’ll get a 10% customer bonus you can get when you redeem cash rewards into a Bank of America® checking or savings account. (And if you’re a Bank of America Preferred Rewards client, you could increase that bonus to 25% – 75%!)

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  • No annual fee
  • NEW OFFER: $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
  • No changing categories and no expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 13.74% – 23.74% Variable APR. 3% fee (min $10) applies to balance transfers
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you’re a Preferred Rewards client, you can increase that bonus to 25% – 75%

Chase Freedom®

The Chase Freedom® is likely the most popular cash back credit card on the market today. With this card, you’ll get 5% cash back in categories that rotate quarterly, so you can earn rewards on many different types of purchase each year. Past categories have included gas stations, restaurants, and select grocery stores.

The Chase Freedom® is also one of the most versatile cash back cards out there. Rewards are easy to redeem, it’s widely accepted, and there are new 5% cash back categories every three months.

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Our Verdict
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Unlimited 1% cash back on all other purchases