Top best cashback credit cards 2022: looking for the best cashback credit card online, we have picked some of the top credit cards which give huge cashback offers and rewards on every purchase and also come with solid intro APR periods on both purchase and balance transfer.
If you choose the right cashback credit card it can save you hundreds of dollars per year on average. Some credit cards will save you upward of $600 in their first year alone.
With all the numbers like that, a cashback credit card is a great tool for saving money on your monthly budget. Some credit cards will offer a flat rate every time you swipe the card.
Quick View: best cashback credit cards
Here we have collected the top best cashback paying credit cards on the market, if you are looking for the best cashback credit card you can go through our selected card lists mentioned below in the table:
|Best overall cashback credit card||Wells Fargo Active Cash℠ Card|
|Best cashback credit card for balance transfers||Citi® Double Cash Card – 18 months BT offer|
|Best cashback credit card for 5% rotating categories||Chase Freedom Flex℠|
|Best cashback credit card for food and entertainment||Capital One SavorOne Cash Rewards Credit Card|
|Best cashback credit card for groceries and gas||Blue Cash Preferred® Card from American Express|
|Best cashback credit card for customizable earning categories||Bank of America® Customized Cash Rewards credit card|
|Best cashback credit card for Amazon shopping||Amazon Prime Rewards Visa Signature Card|
|Best cashback credit card with no foreign transaction fees||SDFCU Premium Cash Back+ Credit Card|
|Best cashback credit card for military members||USAA® Cashback Rewards Plus American Express® Card|
|Best cashback credit card for business spending||Ink Business Cash® Credit Card|
Cashback credit cards are incredibly popular and for good reason. They offer straightforward rewards and can help you earn anywhere from 1% to 6% back when you purchase with the card.
We’ll examine our top pick, the Wells Fargo Active Cash℠ Card, in greater detail, as well as consider eight other cashback cards that excel in various categories.
List of Best cashback credit cards and their specification:
Check out the lists details specification from our top lists of the best cashback credit card offers:
#1. Wells Fargo Active Cash℠ Card
- Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
- Earn unlimited 2% cash rewards on purchases
- 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 14.99% to 24.99% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
- $0 annual fee
- No categories to track or remember and cash rewards don’t expire as long as your account remains open
- Enjoy a premium collection of benefits at a selection of the world’s most intriguing and prestigious hotel properties with Visa Signature Concierge
- Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Active Cash℠ Card
- Select “Apply Now” to learn more about the product features, terms, and conditions
Cashback credit card for balance transfers
#2. Citi® Double Cash Card
Cardholders with the Citi® Double Cash Card earn 2% on every purchase with unlimited 1% cashback when you buy, plus an additional 1% as you pay for those purchases. This is a great flat rate on all purchases and provides an incentive to pay your bill on time.
Note that you can earn the 1% as you pay even by making the minimum payment due. If you miss a payment, however, you’ll miss the cashback you would have earned.
You can redeem cash back for checks, statement credits, or deposits to a bank account, or you can convert your cashback to Citi ThankYou® points.
Cashback credit card for 5% rotating categories
#3. Chase Freedom Flex℠
5% cashback on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! Plus, earn 5% cashback on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. Check out the 5% cash back categories for 2022.
Plus, the sign-up bonus is generous for having such a low spending requirement: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening! And if you need to pay off a big purchase over time, you’ll appreciate the 0% Intro APR on Purchases for 15 months, after which a 14.99% – 23.74% variable APR applies.
Cashback credit card for food and entertainment
#4. Capital One SavorOne Cash Rewards Credit Card
This card earns an unlimited 3% Cash Back on dining and entertainment; 3% Cash Back on popular streaming services; 3% Cash Back at grocery stores; 1% Cash Back on all other purchases.
Plus, earn 8% cashback on tickets at Vivid Seats through January 2023. That’s one of the highest cash back rates on dining and entertainment that you’ll find on a card with a $0 annual fee.
Plus, the sign-up bonus offers great value for a low spending requirement: Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening.
Cashback credit card for groceries and gas
#5. Blue Cash Preferred® Card from American Express
With the Blue Cash Preferred® Card from American Express, you can earn 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), 1% Cash Back on other purchases. Terms apply.
There’s also a welcome offer, though the spending requirement is on the high side: $300 back after you spend $3,000 in purchases on your new Card within the first 6 months.
Cashback credit cards for customizable earning categories
#6. Bank of America® Customized Cash Rewards credit card
Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and unlimited 1% on all other purchases. Categories you can choose from to earn 3% cashback on including the following:
- Online shopping
- Drug stores
- Home improvement/furnishings
There’s also a solid sign-up bonus — earn a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Cashback credit card for Amazon shopping
#7. Amazon Prime Rewards Visa Signature Card
- Only available to Amazon Prime members
- Get a $100 Amazon Gift Card instantly upon approval.
- 5% back at Amazon.com and Whole Foods Market
- 2% back at restaurants, gas stations, and drugstores
- 1% back on all other purchases
- No foreign transaction fees
Earn 5% back at Amazon.com and Whole Foods Market with an eligible Prime membership, 2% back at restaurants, gas stations, and drugstores, and 1% back on all other purchases. Plus, get a $100 Amazon Gift Card instantly upon approval.