Top 5 Credit Cards for Cashback in 2024
Here are five popular credit cards known for their cashback rewards in 2024:
Chase Freedom Unlimited®
Cashback Rate: 1.5% unlimited cashback on all purchases, with higher rates (3-5%) on select categories like travel, dining, and drugstores.
Sign-Up Bonus: $200 after spending $500 in the first 3 months.
Intro APR: 0% intro APR for 15 months on purchases and balance transfers.
Citi® Double Cash Card
Cashback Rate: 2% cashback – 1% when you buy, 1% when you pay off the purchases.
Sign-Up Bonus: None.
Intro APR: 0% intro APR on balance transfers for 18 months.
Blue Cash Preferred® Card from American Express
Cashback Rate: 6% on U.S. supermarkets (up to $6,000 per year), 6% on select U.S. streaming subscriptions, 3% on transit and U.S. gas stations, and 1% on other purchases.
Sign-Up Bonus: $350 statement credit after spending $3,000 in the first 6 months.
Annual Fee: $95.
Intro APR: 0% intro APR on purchases for 12 months.
Discover it® Cash Back
Cashback Rate: 5% cashback on rotating quarterly categories (up to $1,500 per quarter), 1% on all other purchases.
Sign-Up Bonus: Discover will match all cashback earned in the first year.
Intro APR: 0% intro APR on purchases and balance transfers for 15 months.
Capital One SavorOne Cash Rewards Credit Card
Cashback Rate: 3% on dining, entertainment, streaming services, and grocery stores (excluding superstores like Walmart and Target), 1% on other purchases.
Sign-Up Bonus: $200 after spending $500 in the first 3 months.
Intro APR: 0% intro APR on purchases and balance transfers for 15 months.
These cards are known for their competitive cashback rates and introductory offers, but it's important to review each card's terms and conditions to see which best fits your spending habits and financial goals.
