Tips For Choosing Cash Back Credit Cards In 2018

Having a cash back credit card allows you to earn cash back when you are doing your shopping. It allows you to earn cash back on rotating categories or all categories depending on what card you sign up. The following are the top 5 cash back credit cards in 2018.

1. Discover it Cash Back Match
Discover it Cash Back Match allows you to earn 5% cash back when shopping in categories like gas, grocery, dining, Amazon and wholesale clubs. They will match the rewards that you have accumulated at the end of the first year. When you refer someone, you can earn $50 cash back. You also earn rewards when you shop at Discover Deals. The cash back can be redeemed for rewards in checkout, gift card, bank account deposits or donation to your preferred charity.

Top Credit Card Offers For 2018

2. Chase Freedom Unlimited
Chase Freedom Unlimited offers $150 signup bonus after spending $500 within a period of 3 months. You can earn unlimited 5% cash back on the rotating bonus categories for up to the spending limit of $1,500. If you buy something that is not in the bonus categories, you will still earn 1% cash back. For the first 15 months, you don’t have to pay APR interest fee on purchases and balance transfer. The card has no annual fee.

3. U.S. Bank Cash + Visa Signature Card
U.S. Bank Cash + Visa Signature card offers 5.5% cash back on the first $2,000 in two selected categories each quarter. After the first year, you will earn 5% cash back in each quarter. You also get to earn 2.5% cash back on everyday category in the first year. You earn 2% cash back on everyday purchases starting in the second year. All other eligible purchases will qualify you to earn 1.5% cash back in the first year and 1% cash back thereafter. There are no minimum rewards points to meet for the point’s redemption. It has no limit on the total amount of cash back earned and there are no annual fee charges.

Cash Back and Rewards Credit Cards for 2018

4. Blu Cash Preferred
Blu Cash Preferred offers up to $250 cash back when you spend $1,000 in the first 3 months. The cash back is in the form of a statement credit. In the first 12 months, the APR interest fee is waived. After the 12 months, the variable interest fee of 14.25% – 25.24% will kicks in. When you shop at a U.S. supermarket, you can receive a 6% cash back for up to $6,000 per year. You can earn 3% cash back when shopping at the gas station. Shopping in other categories will earn you 1% cash back. The card has $95 annual fee.

5. Chase Sapphire Preferred
Chase Sapphire Preferred offers 50,000 bonus points when you have spent $4,000 within a period of 3 months. You earn 2x points on travel and dining. The 50,000 bonus points can be exchanged with a $625 travel voucher. Redeeming the points for travel related rewards such as airfare and hotel allows you to get 25% more value. It features 1:1 point transfer and you will get free travel and purchase coverage.