Which Credit Cards Offer The Best Bonuses?

We all spend money every day on different products and services. It’s how the economy works and grows. But why not gain from the same system by earning back on some of the money you spend? That’s where cash-back bonus credit cards come.

Cash-back bonus credits allow the cardholders to earn back a fraction of their cash upon purchasing products or services. The cash earned back can be used to make future purchases or to clear existing balances. Alternatively, you can turn the cash-back bonus into money, which you can use for investments in other online retail stores.

How Do You Earn Cash Back Credit Cards?

Do you intend to enjoy the cash-back credit card bonus and take full benefit of these offers? Search online for a cash-back credit card with the most significant benefits.

Credit card companies offer varying cash credit cash-back percentages, interest costs, and annual fees. It is why researching these companies is essential before choosing a single credit card company. Conducting a search online is a decent place to kick off your research.

Below is a listicle of the best cash-back bonus credit cards and their respective companies to help ease your research.

1. American Express’s Blue Cash Everyday Card

At the top of our list is Blue Cash Everyday Card, an excellent cash-back credit card from American Express. The card allows you to earn a six percent cash-back bonus for purchases in supermarkets and select streaming services. It also allows you to earn a three percent credit cash-back during transit or when pumping gas. Finally, there is a one percent cash back on all other purchases made using the credit card.

[1] According to American Express, by spending an amount of $125 each two weeks at grocery stores, you are liable to get a $195 cash-back by year’s end. At the moment, customers receive a $300 cash-back after purchasing goods or services worth $1,000 within the first 3 months on a new Blue Cash Everyday Card from American Express.

Below is a summary of how the blue Cash Everyday Card from American Express works:

• A ninety-five dollars annual fee
• 0% APR on all purchases for the first year
• A variable 13.99-23.99% APR after the lapse of the first year

2. Discover it Cash Back Bonus Credit Card

Do you wish to earn cash-back bonus on almost virtually anything you purchase using a credit card? Try Discover It Cash Back Bonus Card. [2] The credit card allows you to earn a 5 percent cash back every quarter on your everyday purchases. It includes all your favorite and familiar places such as groceries, restaurants, gas stations, stores, and online retail marketplaces such as Amazon or PayPal. It also allows you to earn an automatic 1% cash back on any other purchases you make.

Besides that, this card allows you to get an automatic boundless dollar-for-dollar match on all earned cash backs by the end of the first year. It means that your cash-back bonus does not expire at all, and you can redeem them for any amount using 3 ways:

• Getting a bank deposit into your bank account
• Having the bonus paid to PayPal or Amazon purchases
• Using the bonus as an applied statement to your credit card balance.

That way, your cash-back bonus become helpful in your future purchases. Below is a fine print of the annual charges you’ll get by using this cash-back credit card:

• No annual fees
• Zero percent APR fees for the first 14 months
• A variable 11.99-22.99 percent APR after the first 14 months

3. Chase Freedom Flex Credit Card

The Chase Freedom Flex Credit Card comes with several perks that make it one of the best cash-back bonus credit cards in the market. [3] One of these perks is that you’ll be able to earn a 5% cash-back on combined purchases worth $1,500 in bonus categories. Furthermore, the credit cardholders also earn a 5% cash-back during travel, 3% during purchases in drugstores and restaurants, and 1% cash-back bonus on any other purchases.

There is a $200 cash-back bonus for new members upon spending $500 on purchases during the first 3 months. Besides, you’ll also earn a 5% cash-back on all grocery store purchases for the first year. What’s more? Your cash-back points do not expire at all, and when you decide to redeem them, there isn’t a minimum amount required to do so. Therefore, you can quickly redeem your cash-back bonus points anytime you feel like it.

Below is a brief overview of the charges Chase Freedom Flex Credit Card:

• No annual fees
• Zero percent APR fees for the first 15 months, and
• A variable APR fee of 14.99-23.74 percent after the first 15 months.

4. Citi Double Cash Card

Are you looking for one of the best and easiest cash-back bonus credit cards out there? Look no more because Citi Double Cash Card got you. [4] The credit card allows you to earn an unlimited 1% cash-back on any purchases and another 1% cash-back when paying for those purchases. It means that your cash-back bonus are received in two ways. One, by making purchases, and two, by clearing your balance either all at once or slowly over time. The second method requires you to pay the least minimum due requirements on time.

What’s more? Many credit card companies have a cash-back bonus limit. However, Citi Double Cash Card does not have caps on the total amount of cash backs you can earn.

Below is an overview of the charges of this cash-back bonus credit company.

• No annual fees
• A balance transfer fee of 3% of the transfer amount or $5.
• A variable 13.99-23.99% APR fee

Bonus – Petal 2 Visa Card

Qualified candidates can get approved for up to $10,000 with this card. Cardholders can earn between 1 and 1.5 percent cash back (and up to 10% back with select local merchants [5]).

Final Thoughts

You have nothing to lose by signing up for credit card cash-back services. Ideally, you are gaining. You’ll receive a percentage of whatever amount you purchased within stores, groceries, or any other select retailers linked with the company.

However, it is essential to compare different cash-back credit card companies to ensure that you are getting the best deal. [6] Therefore, search online and compare various offers from the available credit card companies and ensure that you focus on the annual fees, APR amounts, and other incentives available for you.

Sources

[1] https://www.americanexpress.com/us/credit-cards/card/blue-cash-preferred/

[2] https://www.discover.com/credit-cards/cash-back/it-card.html

[3] https://creditcards.chase.com/cash-back-credit-cards/freedom/flex

[4] https://www.citi.com/credit-card/credit-card-details/citi.action?ID=citi-double-cash-credit-card

[5] https://www.petalcard.com/petal-2

[6] https://www.forbes.com/advisor/credit-cards/best/business-cash-back/