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Cash Back Credit Cards

Cash Back Deals: February 2012

We've compiled a list of the best Cash Back Deals available for this month.

Cash Back Rewards Credit Cards

Up to 5% Cash Back - Compare Cash Back Rewards and Apply Online
Earn cash back on your purchases.


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Best Cash Back Credit Card

Chase Freedom® Visa - $200 Bonus Cash Back
Apply for Chase Freedom® Visa - $200 Bonus Cash Back
Editors' Choice
Cash Back Credit Cards
  • Earn $200 Bonus Cash Back after you make $500 in purchases in your first 3 months
  • 5% Cash Back on up to $1,500 spent at gas stations and on Amazon.com from 1/1/12 - 3/31/12.
  • You'll enjoy new 5% categories every 3 months like grocery stores, restaurants and even airlines. It's free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases
  • Up to an additional 10% Cash Back when you shop online at select merchants through Chase
Introductory Bonus Cash BackCash Back RewardsGas RewardsNo Expiration on RewardsNo Limits on Rewards
Cash Back Rewards Benefit: Unlimited 1% Cash Back on all other purchases without limits on what you can earn
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
--
15.99% - 22.99% (Variable)
$0
Infographics: American Consumer

American Consumer: Retail Therapy for Tough Economic Times

With $1.3 trillion spent on arguably non-essentials items, CreditDonkey study reveals how consumers find the balance between prudence and extravagance.


Compare Credit Cards with Cash Back Rewards

Blue Cash Everyday
Apply for Blue Cash Everyday
  • Earn a $100 cash back bonus after spending $1,000 in eligible purchases in the first 3 months of Cardmembership
  • No annual fee, flexibility to pay over time
  • Get 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% cash back on all other purchases
  • NO spend minimum, NO enrollment, and NO rotating rewards categories
  • Get a $25 Referral Bonus for each friend or family member who is approved for the Card
Introductory Bonus Cash BackCash Back RewardsInstant ApprovalGas RewardsGrocery RewardsCar Rental InsuranceExtended WarrantyPurchase ProtectionReturn Protection Travel Accident Insurance
Cash Back Rewards Benefit: Get 3% cash back at supermarkets, 2% back at gas stations and department stores, and 1% everywhere else
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
-
17.24% - 22.24% (Variable)
$0

Chase Freedom Visa - $100 Bonus Cash Back + 0% Intro APR
Apply for Chase Freedom Visa - $100 Bonus Cash Back + 0% Intro APR
  • Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months
  • 0% Intro APR for 12 months on balance transfers and 6 months on purchases
  • 5% Cash Back on up to $1,500 spent at gas stations and on Amazon.com from 1/1/12 - 3/31/12.
  • You'll enjoy new 5% categories every 3 months like grocery stores, restaurants and even airlines. It's free and easy to activate your bonus each quarter!
  • Unlimited 1% Cash Back on all other purchases
Introductory Bonus Cash BackCash Back RewardsNo Expiration on Rewards
Cash Back Rewards Benefit: 1% cash back on all other purchases, with no spending tiers.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
11.99% - 22.99% (Variable)
$0

Chase Sapphire
Apply for Chase Sapphire
  • Limited Time Offer! - Earn 25,000 bonus points after you spend $3,000 in the first 3 months - that's $250 toward a flight or any other reward!
  • 2 points per dollar spent on dining & 1 point per dollar spent on all other purchases.
  • Points never expire and there are no limits on how many points you can earn
  • Redeem points for travel, gift cards, merchandise, cash back and more
  • 24/7 direct access to expert service advisors (No voice recording)
Introductory Bonus Reward PointsCash Back RewardsPoint RewardsDining RewardsNo Expiration on RewardsNo Limits on RewardsPurchase Protection$0 Fraud Liability
Cash Back Rewards Benefit: You can redeem points to apply to purchases made within 60 days of the redemption date. Points redemptions start at 2,000 points for a $20 statement credit to apply to any purchase(s) made with your card, and in 100-point increments for each additional $1 of credit.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
--
15.24% (Variable)
$0

Ink Cash Business
Apply for Ink Cash Business
  • $250 cash back bonus after you spend $5,000 within 3 months!
  • 5% cash back on the first $25,000 spent annually on office supply store purchases, cellular/landline phone service, and cable services
  • 2% cash back on the first $25,000 spent annually on gas and dining
  • 1% cash back on all other card purchases with no limit to the amount you can earn
  • Cash back rewards do not expire
Introductory Bonus Cash BackCash Back RewardsDining RewardsGas RewardsOffice RewardsNo Expiration on RewardsNo Limits on Rewards$0 Fraud Liability
Cash Back Rewards Benefit: 1% cash back on all other card purchases with no limit to the amount you can earn
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
13.24% (Variable)
$0

Discover More Card
Apply for Discover More Card
  • 0% intro APR on purchases for 6 months, then the variable standard purchase APR of 11.99% - 20.99%*
  • 0% intro APR on balance transfers for 18 months, then the variable standard purchase APR of 11.99% - 20.99%*
  • 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Limitations apply*
  • Discover is ranked #1 in customer loyalty--15 years in a row! (2011 Brand Keys Customer Loyalty Engagement Index report)
  • 24/7 access to a U.S. based Account Manager within 60 seconds
Cash Back RewardsBonus Cash BackNo Limits on Rewards$0 Fraud Liability
Cash Back Rewards Benefit: Up to 1% Unlimited Cashback Bonus
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
11.99% - 20.99% (Variable)
$0

Discover Student More
Apply for Discover Student More
  • 0% intro APR on purchases for 9 months, then the variable standard purchase APR of 13.99% - 20.99%*
  • 5% Cashback Bonus® in categories that change like gas, restaurants, department stores and more. Limitations apply*
  • Up to 20% Cashback Bonus at popular retailers when you shop online through ShopDiscover.com
  • Up to 1% unlimited Cashback Bonus on everything else you buy
  • $0 Fraud Liability plus mobile and email fraud alert options
StudentCash Back RewardsBonus Cash BackNo Limits on Rewards$0 Fraud Liability
Cash Back Rewards Benefit: Up to 1% unlimited cashback bonus.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
-
13.99% - 20.99% (Variable)
$0

Citi Dividend Platinum Select Card for College Students
Apply for Citi Dividend Platinum Select Card for College Students
  • No Cosigner Required
  • Earn 5% Cash Back on purchases at supermarkets, drugstores, gas stations, convenience stores & utilities (including cable) for 6 months; 1% thereafter*
  • Earn at least 2% cash back in popular rotating categories like restaurants, apparel, hotel and more. Enrollment required*
  • Earn a full 1% cash back on all other purchases*
StudentIntroductory Bonus Cash BackCash Back RewardsDrugstore RewardsGas RewardsGrocery RewardsCar Rental InsuranceExtended WarrantyPurchase Protection Travel Accident Insurance$0 Fraud LiabilityEmergency AssistanceIdentity Theft Assistance
Cash Back Rewards Benefit: Earn at least 2% cash back in popular rotating categories like department stores, jewelry, apparel, restaurants, hotels and more. Enrollment required. Earn 1% on other purchases.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
-
13.99% - 21.99% (Variable)
$0

Citi Dividend Platinum Select Visa Card
Apply for Citi Dividend Platinum Select Visa Card
  • $100 cash back after $500 in purchases within the first 3 months of account opening.
  • 0% Intro APR on Balance Transfers and Purchases for 12 months. After that, the APR will be 12.99%-22.99% based on your creditworthiness*. This APR will vary with the market based on the Prime Rate.
  • 5% cash back on fitness club, health care, and utilities purchases from 1/1/2012 to 3/31/2012 upon enrollment. Each quarter, you can enroll to earn additional cash back in popular categories. To learn more, visit dividend.quarterlyoffer.citi.com.
  • Full 1% cash back on all other purchases and eligible cash advances.
  • No Annual Fee.*
Introductory Bonus Cash BackCash Back Rewards
Cash Back Rewards Benefit: Full 1% cash back on all other purchases and eligible cash advances.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
12.99% - 22.99% (Variable)
$0

Discover Motiva Card
Apply for Discover Motiva Card
  • Earn Cashback Bonus for your good credit management
  • 0% Intro APR on purchases and balance transfers for 15 months, then the variable purchase APR of 10.99% - 20.99%*
  • Up to 20% Cashback Bonus at popular online retailers when you shop through Discover.com
  • Ranked #1 in customer loyalty--15 years in a row! (2011 Brand Keys Customer Loyalty Engagement Index report)
  • 24/7 access to a U.S. based Account Manager within 60 seconds
Cash Back RewardsBonus Cash Back$0 Fraud Liability
Cash Back Rewards Benefit: Up to 1% unlimited cashback bonus.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
10.99% - 20.99% (Variable)
$0

Discover Open Road Card
Apply for Discover Open Road Card
  • Receive a $150 Restaurant.com Gift Certificate with first purchase
  • 0% intro APR on purchases and balance transfers for 12 months, then the variable standard purchase APR of 11.99% - 20.99%*
  • 2% automatically at gas stations and restaurants all year long*
  • Plus, up to 20% Cashback Bonus at popular online retailers when you shop through Discover.com
  • Discover is ranked #1 in customer loyalty--15 years in a row! (2011 Brand Keys Customer Loyalty Engagement Index report)
Cash Back RewardsDining RewardsGas Rewards$0 Fraud Liability
Cash Back Rewards Benefit: Up to 1% unlimited cashback bonus on all other purchases.
Intro APR for PurchasesIntro APR for Balance TransferAPR as low asAnnual Fee
0%
0%
11.99% - 20.99% (Variable)
$0

Cash Back Rewards Benefits

What are the Benefits of Cash Back Credit Cards?

Does your credit card pay you? With so much competition in the industry, credit card companies work diligently to acquire your business. This healthy competition has created credit card products that actually pay you back for using them.

  • Spend but pay it off
    The best way to earn cash back rewards is to use your credit card, but pay off the balance every month before any finance charges are applied. However, watch out for credit card offers that require you to keep a balance on your card in order to receive the cash back reward! In order to enjoy the benefits of a true cash back plan, the best strategy is to pay your balance in full each month.

  • Interest and annual fees
    Credit cards that offer cash back rewards, but who also post a hefty interest and annual fees, are also culprits to watch out for. Annual fees can be exorbitant, as much as $50 to $75 per year. And high interest on leftover balances can certainly remove any potential cash back savings. Compare cash back rewards card offers and look for cards with low interest and no or minimal annual fees.

  • Cash back for all purchases or certain merchants?
    Not all cash back rewards cards are the same. Some will offer cash back on all purchases. Some may offer cash back only on purchases at approved merchant locations. Look for the best offer that suits your spending habits. If you can find a rewards card offer that offers cash back on all purchases, but a higher percentage on specific national merchants, like McDonalds or Barnes and Noble, that may be the best option.

  • How do I get the cash?
    Read the fine print of the offer and find out how the company will pay you your cash reward. Some companies will actually send you a check. Others may offer “cash back” in the form of gift cards to restaurants, shopping stores, or gasoline stations. Find out how you need to request your cash back reward and the minimum accumulated balance before you can make a request.

  • College savings
    Regardless of what credit card you use, there are companies that can help you save for your children’s college education. By simply registering the credit card number with companies like Upromise, every time you use the card at approved merchant locations, you will receive a rebate of 1% up to 25% depending on the type of purchase you make. Upromise has partnered with thousands of locations across the country to provide this benefit.

    The rebate you receive goes into an IRS 529 plan, which is a type of tax-free savings plan you can spend when it comes time for pay for college tuition.

However you look at it, a cash back rewards credit card is a smart financial decision. But in order to get the full benefit of the reward, you need to read the fine print, know the rules, and be responsible for managing your credit card finances.


Articles on Cash Back Rewards

    Infographics: Halloween by the Numbers

    Halloween by the Numbers

    October 24, 2011 - By Meghan Clark - Tips
    Halloween is quickly approaching (it’s a tad creepy how fast it seems to come every year!) and that means that it’s time to purchase candy, costumes, decorations and other party supplies to make this year spooktacular. Before you pull out your ...
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    Top 8 Cash Back Credit Card Myths

    By Grace Carter - Tips
    Take full advantage of cash back credit card benefits when you dispel the top 8 myths.
    One Dollar Floating Away in Small Pieces

    Cash Back Credit Card Secrets

    By Eric Hunt - Tips
    How do you pick the best cash back credit cards for your needs? It turns out there is a bit of a trick to doing it. Read on to find out what it is.

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