Three great options are available if you're searching for a credit card that offers cash back rewards. These cards give you 1.67% back when you shop at grocery stores, 2% back on gasoline, and 4% back on all your daily expenses. These cards require high credit scores to be eligible.
Earn 1.67% cashback
With the Fifth Third Simply BusinessTM Card, you can earn 1.67% cash back on all purchases and balance transfers for the first 12 billing cycles. Fifth Third cardholders are the best candidates for this card. There is no earning cap and no rotating category. You will be able earn as much as possible. Additionally, you can take advantage of interest-free financing to purchase and transfer balances. This can help you save money and time.
Fifth Third Bank offers the Cash/Back Credit Card, a brand new card. The card provides 1.67% cashback and is contactless. It also offers travel services through Mastercard and no foreign transaction fees. Plus, you can manage the card through the Fifth Third Mobile Banking app. You also get a $9 annual fee and no rotating categories.
Earn 2% cash back on grocery store purchases
Chase Freedom Unlimited Credit Card offers great value for shoppers who want to make money at the grocery store. The card earns 2% cash back at restaurants and grocery shops, and 1% on all other purchases. The card has no annual fee and no minimum redemption requirements.
This credit card also earns 1% back on gas and other purchases. Blue Cash Preferred allows you to earn double cash back on groceries, but you need to spend at minimum $3167 per year in order to qualify for this bonus. Cash-back credit cards can be a great way to increase your earnings. However it depends on how you spend and what category you are spending. If you spend most of the money at grocery stores, a flat rate card like Citi Double Cash Card could be a better choice.
When choosing a credit card, you should check the merchant category to make sure it will earn you 2% cash back on grocery store purchases. There are two types of credit cards: those that offer cashback and those that offer points or miles. An annual fee may be an option for those who have difficulty choosing between points or cashback cards.
Gas: Earn 4% Cashback
Many credit card reward programs offer generous cashback rates on gas purchases. However, this does not mean that gas purchases are always in the highest rewards category. Some cards offer only 2% gas rebates, while others offer lower rewards. A general-purpose rewards credit card can give you 4% cashback for gas. These cards are largely unaffiliated with any particular gas retailer, and they do not have brand or location restrictions. The best gas credit card for you will depend on your spending habits and personal financial situation.
The Hilton Honors Card, which offers cash back on gas purchases, is one of the best. You pay an annual fee of $95, but you will earn three points for every dollar spent at gas stations or supermarkets. You can redeem your cash back for a statement credit, a deposit in your bank account, or a check. Some cards allow you to redeem cash back for merchandise or gift vouchers.