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Cash Back Credit Cards

Cash Back Deals: September 2015

We've compiled a list of the 3 Cash Back Deals currently available on CreditDonkey.

Cash Back Credit Cards

Compare cash back credit card offers from our partners
Using a credit card with cash back can be a great way to stretch your budget and be rewarded for your purchases. As long as you pay your balance in full each billing cycle, the card issuers are essentially paying you to use their card. Plus, cash back rewards are usually easier to understand than rewards programs involving points and miles.

Chase Freedom

Chase Freedom Review:

Spend $500 in First 3 Months and Earn $100 Bonus
Blue Cash Everyday Card from American Express

Blue Cash Everyday Review:

Learn how you can earn a $100 statement credit
Blue Cash Preferred Card from American Express

Blue Cash Preferred Review:

Learn how you can earn a $150 statement credit

Which Cash Back Credit Card is Right for You?

We think you'll agree with us when we say:

It's REALLY hard to figure out which cashback credit card to apply for.

Or is it?

Well, it turns out, there's 2 questions to answer to help you get started...

  • If you want up to 5% cash back (up to the quarterly limit) on rotating categories that change every quarter, consider the Chase Freedom or Discover It.

  • If you spend mostly on groceries and gas, look for a card with a higher % cashback on grocery and gas purchases (like the Blue Cash Everyday or Blue Cash Preferred from American Express, a CreditDonkey advertiser).

Want to Know What is the Featured Offer?

The featured cash back rewards card on CreditDonkey is the Chase Freedom®.

Chase Freedom To start the cashback credit card comparison, CreditDonkey’s editors looked for one that combines ease-of-use and generous rewards with no annual fee. Though the Blue Cash Everyday® and Discover it® were impressive, Chase Freedom® is the CreditDonkey featured card.

The Chase Freedom® inched out American Express and Discover’s cards because of its $100 bonus after you make $500 in purchases in the first 3 months from account opening and the fact that it’s more widely accepted. While CreditDonkey had to make a choice, the editors believe most consumers would be happy with any of the 3 cards.

Why Chase Freedom Is the Featured Cash Back Offer on CreditDonkey

Here’s how Chase Freedom captured the featured spot with the editors at CreditDonkey:

  • Cardholders earn 5% cash back in rewards categories that rotate every three months, on up to $1,500 in combined purchases. The bonus categories for 2015 are:

    • Q3 (July 1 – September 30, 2015): Gas stations and Kohl's®
    • Q4 (October 1 – December 31, 2015): Amazon.com and more

    (Additional categories or merchants will be announced before the start of each quarter.)

    Keep in mind, you'll have to activate your bonus reward categories each quarter (it's free and easy)

  • Cardholders earn 1% cashback on all other purchases.

  • New cardholders receive a $100 bonus after making $500 in purchases during the first three months of opening their account. And they can earn an additional $25 bonus for adding another authorized user and making a purchase within this same three-month window.

  • 0% introductory APR for the first 15 months on purchases and balance transfers. (After the intro period, a variable APR of 13.99% to 22.99%)

  • There is no annual fee, and the rewards never expire.

  • Since this is a Visa credit card, you’ll enjoy more widespread merchant acceptance of it than you would with cards from American Express or Discover. This is an important differentiating factor, especially if you frequently patronize smaller businesses.

If you rarely purchase items in any of the rotating categories, you may want to opt for another rewards card. But we’ve found that most people do take advantage of the categories, helping them to save significant sums, especially when they align their spending habits with the rotating bonus categories.

To apply for the Chase Freedom credit card, visit Chase's secure online application.

Why You Might Want to Look Elsewhere

Blue Cash Everyday
Apply for Blue Cash Everyday Card from American Express
If you're not interested in rotating bonus reward categories, you might want to consider Blue Cash Everyday® from American Express (a CreditDonkey advertiser), which offers 3% cash back at US supermarkets (on up to $6,000 per year in purchases, 1% thereafter), 2% at US gas stations and select US department stores, and 1% on other purchases. There are no rotating rewards categories to keep track of. There is no annual fee.

Plus, the Blue Cash Everyday offers $100 back after you spend $1,000 on purchases on your new card in your first 3 months (you will receive $100 back in the form of a statement credit).

Bottom Line

Chase Freedom
Apply for Chase Freedom
If you always pay in full each billing cycle, a cash back card is worth owning. Chase Freedom is easy to use, and its rewards structure is much easier to grasp and track than the points and miles systems of other rewards cards. As long as you don’t get swept up by the promotional categories and buy things just because you’re getting the higher percentage of 5% back, you can rack up some cash on the side for purchases you would be making anyway. Be sure to sign up for Chase’s text or email alerts every quarter so you can sign up for the rewards each quarter.


How to Choose a Cashback Credit Card

Although we feature Chase Freedom®, it’s always smart to do your own comparison as well.

Compare rewards, annual fees and interest rates to determine the best one for you. Narrow your comparison by reading reviews on the credit card offers with cash back, such as:

Be sure to pick a card that fits your current spending pattern. You will save money with a cash back card as long as you limit your purchases to those you would have made anyway. These types of cards are best for people who both like deals and can pay off their balance each month but also spend responsibly.

Cash Rewards
Does the credit card rewards structure match your lifestyle? Some credit cards with cash back earn more on specific purchase categories, such as gas, restaurants, or groceries. Some have rotating categories of up to 5% cash back that often change every few months and require free enrollment, while others offer a lower, but consistent reward rate year-round.

Annual Fees
While most consumers should opt for a cash back credit card with no annual fee, don’t let an annual fee scare you away. Some credit cards with annual fees offer lucrative introductory bonuses that pay for the annual fee and more. Plus, they often include generous benefits and reward structures that are favorable for big spenders or frequent travelers.

Interest Rates
Reward credit cards generally have higher interest rates.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

Chase Freedom vs Discover It vs Blue Cash Everyday

Considering a cash back credit card? With so many options, it can be tough to narrow down the list of possibilities to a final choice. A good cashback card will help you earn money on what you spend on everyday purchases and necessities — and ...

Chase Freedom
Read ReviewApply for Chase Freedom
At Chase's Secure Site
  • Named a Best Card for Cash Back by MONEY® Magazine
  • Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn a $25 Bonus after you add your first authorized user and make a purchase within this same 3-month period
  • 0% Intro APR for 15 months on purchases and balance transfers. After the intro period, a variable APR of 13.99-22.99%
  • Unlimited 1% Cash Back on every purchase
  • 5% Total Cash Back on up to $1,500 in combined purchases in bonus categories each quarter
  • You'll enjoy new 5% categories every 3 months like Gas stations, Restaurants and Amazon.com. It's free and easy to activate your bonus each quarter!
  • No annual fee and rewards never expire as long as your account is open
Cash Back Rewards Benefit: Unlimited 1% Cash Back on every purchase
Introductory Bonus Cash Back: Earn a $100 Bonus after you spend $500 on purchases in your first 3 months from account opening
Bonus Cash Back: 5% Total Cash Back on up to $1,500 in combined purchases in bonus categories each quarter It's free and easy to activate your bonus each quarter.
Bonus Categories for 2015:
Q1 (January 1 – March 31, 2015): Grocery stores (not including Walmart® and Target® purchases), movie theaters and Starbucks® stores
Q2 (April 1 – June 30, 2015): Restaurants, Bed Bath & Beyond®, H&M®, and Overstock.com®
Q3 (July 1 – September 30, 2015): Gas stations and Kohl's®
Q4 (October 1 – December 31, 2015): Amazon.com and more
Our Review: If you want to earn cash back and score a good deal, you may want to consider the Chase Freedom. Read on for the reasons why this rewards credit card could be good for you — and why it has potential drawbacks... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 15 months
0% for 15 months
13.99% - 22.99% Variable
$0

Blue Cash Everyday Card from American Express
Read ReviewApply for Blue Cash Everyday Card from American Express
At American Express' Secure Site
  • Get $100 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $100 back in the form of a statement credit.
  • Earn Cash Back: 3% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 2% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
  • With the Blue Cash Everyday® Card, you can start earning cash back. No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Cash back is earned only on eligible purchases.
  • No annual fee. Plus, 0% intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 12.99% to 21.99%, based on your creditworthiness and other factors.
  • Terms and restrictions apply.
Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery RewardsEventsCar Rental InsuranceExtended WarrantyPurchase ProtectionReturn Protection Travel Accident Insurance
Cash Back Rewards Benefit: 3% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 2% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
Introductory Bonus Cash Back: Get $100 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $100 back in the form of a statement credit.
Our Review: If you want a cash back credit card with the same rewards categories year-round, then consider the Blue Cash Everyday Card. This credit card with no annual fee also offers $100 back after you spend $1,000 on purchases on your new card in your first 3 months. Read on for the pros and cons... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 15 months
0% on Balance Transfers for 15 months
12.99% - 21.99% Variable
$0

Blue Cash Preferred Card from American Express
Read ReviewApply for Blue Cash Preferred Card from American Express
At American Express' Secure Site
  • Get $150 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $150 back in the form of a statement credit.
  • Earn Cash Back: 6% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 3% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
  • With the Blue Cash Preferred® Card, you can start earning cash back. No rotating reward categories. No enrollment required.
  • Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. Cash back is earned only on eligible purchases.
  • 0% intro APR on purchases and balance transfers for 15 months, then a variable rate, currently 12.99% to 21.99%, based on your creditworthiness and other factors.
  • Terms and limitations apply.
Introductory Bonus Cash BackCash Back RewardsGas RewardsGrocery RewardsCar Rental InsuranceExtended WarrantyPurchase ProtectionReturn ProtectionTravel Accident Insurance
Cash Back Rewards Benefit: 6% U.S. supermarkets up to $6,000 per year in purchases (then 1%), 3% U.S. gas stations & select U.S. dept stores, 1% other purchases. Terms and limitations apply.
Introductory Bonus Cash Back: Get $150 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $150 back in the form of a statement credit.
Our Review: If you are looking to get cashback rewards on common household categories like gas and groceries, consider the American Express Blue Cash Preferred Card. American Express created the Preferred card (with a $75 annual fee) as an upgrade to the Blue Cash Everyday Card... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% on Purchases for 15 months
0% on Balance Transfers for 15 months
12.99% - 21.99% Variable
$75


Read Review
Introductory Bonus Cash BackCash Back RewardsBonus Cash BackNo Limits on RewardsExtended WarrantyPurchase ProtectionReturn Protection$0 Fraud Liability
Our Review: A generous cash back and promotional low interest offer makes the Discover It Card the go-to card to keep more money in your pocket. When you consider the rewards, low fees, and good customer service, it’s pretty easy to see why Discover It is one of the most popular cash back credit cards available... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 12 months
0% for 12 months
10.99% - 22.99% Variable*
$0


Read Review
StudentIntroductory Bonus Cash BackCash Back RewardsBonus Cash BackNo Limits on RewardsExtended WarrantyPurchase ProtectionReturn Protection$0 Fraud Liability
Our Review: College students looking to build credit, earn cash back, and pay no annual fee should consider the Discover It for Students. With the combined generous rewards program, intro APR on new purchases and no late fee on the first late payment, it's clear to see why this Discover student credit card is among the most popular offers for college students on the market today... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 6 months
10.99% for 6 months
12.99% - 21.99% Variable*
$0


Read Review
Introductory Bonus Cash BackCash Back RewardsGas RewardsNo Expiration on RewardsDining RewardsCar Rental Insurance$0 Fraud Liability
Our Review: Do you eat out and drive a lot? If you want cash back rewards without having to think too much, the Discover It Chrome could be the right fit for you... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 12 months
0% for 12 months
10.99% - 22.99% Variable*
$0


Read Review
Cash Back Rewards
Our Review: With no annual fee and the opportunity to earn cash back twice, the Citi Double Cash card takes rewards a step further than many cards in this category. You'll get 1% cash back on purchases plus ANOTHER 1% cash back as you make payments for those purchases, whether in full or installments... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0%* for 15 months*
0%* for 15 months*
12.99% - 22.99%* (Variable)
$0*


Read Review
StudentIntroductory Bonus Cash BackCash Back RewardsGas RewardsDining Rewards
Our Review: If you are a college student on the go who doesn’t have time to juggle rewards categories that change all the time, then you may want to consider the Discover it Chrome for Students card... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 6 months
10.99% for 6 months
12.99% - 21.99% Variable*
$0

Barclaycard Rewards MasterCard
Read ReviewApply for Barclaycard Rewards MasterCard
At Barclaycard's Secure Site
  • No annual fee
  • 2X cash back rewards on purchases for gas, groceries and utilities
  • 1X cash back rewards on all other purchases
  • Cash back rewards are earned as points which can be redeemed for rewards such as cash back statement credits and gift cards starting at 1,000 points for $10
  • Chip card technology, so paying for your purchases is more secure at chip-card terminals in the U.S. and abroad
  • Reports to all 3 major credit bureaus monthly providing you the opportunity to rebuild your credit score
  • Complimentary FICO® Credit Scores as a benefit to active card members.
Cash Back RewardsGas RewardsGrocery RewardsNo Expiration on RewardsNo Limits on Rewards
Cash Back Rewards Benefit: 1X cash back rewards on all other purchases
Our Review: For people with fair credit looking to earn rewards with no annual fee, the Barclaycard Rewards MasterCard is a solid pick. It offers 2x cash back rewards on three common expense categories — gas, groceries, and utilities... Read full review
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
N/AN/A
24.99%* Variable
$0

Cash Back Rewards Benefits

Why Choose a Rewards Credit Card with Cash Back

Here are some of the advantages of having cash back rewards:

  • Cash back is like getting a discount every time you shop. Getting 3% cash back at the gas station is like getting 3% off your total bill. In fact, it's like easy money - you are essentially being paid to use your credit card.

  • Cash back is easy. Who wants to do math on reward points? With cash back, your return for spending is much easier to understand and the math is minimal (just pay attention to how you'll get the cash - through statement credit, gift card or an actual check).

    Besides the credit cards we feature on CreditDonkey, you may also want to check with your local bank or credit union. Most big national banks like Bank of America, Chase, Citi and Wells Fargo have cashback credit cards too.

  • Cash back makes more sense for some lifestyles than other rewards. Credit cards used to offer airline miles almost exclusively as rewards. Travel rewards and other travel perks are still available on some cards today, but for people who don’t travel much, a cash back reward structure is more useful, convenient, and practical.

What to Watch Out For

Consider these factors before and after you decide on a cash back rewards credit card:

  • Interest rates: Credit cards with cash back rewards tend to have higher than average interest rates, so make sure you pay the balance in full each month. If you plan to carry a balance, look for a credit card with low interest instead.

  • Introductory offers: Credit card companies offer a variety of incentives to get you to choose their card, but many of them don’t last long. These range from 0% APR balance transfers for an introductory period, to bonus cash offers for signing up, to 5% cash back on categories that change.

  • Overspending: Since you’re earning cash back as a percentage of your spending, your rewards increase as you spend more. This can make overspending very tempting. Don’t spend more than you can afford, and always purchase wisely.

Calculate the rewards you could earn with several cards, based on your normal spending habits, to figure out which card will earn you the most rewards. No matter which card you choose, always remember the importance of paying your bill in full each month – or else you will lose out on the reason you chose a cash back card in the first place.


Articles on Cash Back Rewards

    Infographics: Where Does All My Money Go

    Household Spending Statistics

    By Annette O'Connor - Money Tips
    Where does all the money go? See what typical Americans make and spend in a month.

    American Express Blue Cash: Everyday vs Preferred

    May 8, 2015 - By Michelle Kaiser - Reviews
    Which American Express cash back credit card should you get? Read this comparison review to see how the Blue Cash Everyday stacks up against the Blue Cash Preferred and its $75 annual fee.

    Citi Double Cash or Chase Freedom

    December 3, 2014 - By Sarah Johnson - Reviews
    In your quest to get a cashback credit card, you may be torn between the Chase Freedom and the Citi Double Cash Card. Both are great everyday cards for people who want to be rewarded when they go shopping, but the way these cards calculate ...
    Infographics: American Consumer

    Consumer Spending Statistics

    By Annette O'Connor - Money Tips
    With $1.3 trillion spent on arguably non-essentials items, CreditDonkey study reveals how consumers find the balance between prudence and extravagance.
    Infographics: Halloween by the Numbers

    Halloween Statistics

    By Meghan C - Money 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 ...
    Tip Jar

    Top 8 Cash Rewards Credit Card Myths

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

    Cashback Credit Card Secrets

    How do you pick the best cashback 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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About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy financial decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: The card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.