Three great options are available if you're searching for a credit card that offers cash back rewards. These cards can earn you 1.67% back on groceries, 2% back for gas, and 4% on your everyday expenses. These cards are very easy to use, and there are no annual fees. However, you will need a high credit score.
Earn 1.67% cash back
You will receive 1.67% cashback when you use the Fifth Third Simply BusinessTM Card to make purchases or balance transfers during the first 12 billing periods. This card is best for those who are currently banking with Fifth Third. There is no earning cap and no rotating category. You will be able earn as much as possible. Interest-free financing is available for balance transfers and purchases, which can help you save time and money.
Another new card on the market from Fifth Third Bank is the Cash/Back credit card. The card offers 1.67% cashback on purchases, and it is contactless. It offers Mastercard travel services and has no foreign transaction fees. The Fifth Third Mobile Banking app allows you to manage your card. The card's annual fee is $9 and there are no rotating categories.
Enjoy 2% cash back when you shop at the grocery store
Chase Freedom Unlimited Credit Card makes a great choice for people who want money back at the grocery stores. The card earns 2% in grocery stores and restaurants, plus 1% cashback for all other purchases. There is no annual fee nor minimum redemption.
This credit cards earns 1% cash back on gas and other purchases. The Blue Cash Preferred offers double cash back on grocery purchases, but you have to spend at least $3167 per year to qualify for this bonus. While a cash-back card can boost your earnings, the choice of the right card will depend on your spending habits and limit. A flat-rate card, such as the Citi Double Cash Card, may be better for you if your grocery shopping is your main source of income.
Check the merchant category before you apply for a credit card. You will get 2% cashback on groceries if you are approved. You can choose between cashback credit cards and those that give points or miles instead. If you have a hard time choosing between cashback and points cards, you may want to consider a card with an annual fee.
Get 4% cashback on gas
Many credit card reward programs offer generous cashback rates on gas purchases. Gas purchases are not automatically included in the highest-rewards category. Some cards offer just 2% gas back, while others offer even lower rewards. You can earn 4% cashback on gas with a general-purpose rewards credit cards. These cards can be used to earn cash back on gas from any retailer. They also don't have location or brand restrictions. Your personal spending habits and financial situation will determine which gas credit card is best for you.
The Hilton Honors Card is one of the most popular cash-back credit cards to gas purchase. This credit card costs $95, and earns three points for every dollar that you spend at supermarkets or gas stations. Cash back can be used to redeem a statement credit or a bank deposit, as well as a check. Some cards also let you redeem your cash back for merchandise or gift cards.