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Credit Cards » Compare Credit Cards » The Best Cash Back Credit Cards (November 2024)

The Best Cash Back Credit Cards (December 2024)

Cash back rewards credit cards can save you money every time you shop, from 1% cash back up to 6%. Find the best card for your spendings.
Author: Andrew O'Malley
Interest Rates Last Update: November 15, 2024
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Andrew O'Malley
Interest Rates Last Update: November 15, 2024

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Choosing the right credit card is crucial to meet your needs. Cashback cards reward you with money for making purchases and timely bill payments. However, finding the perfect card that aligns with your budget and preferences is essential.

Researching various cashback cards is worthwhile, as they offer rewards for diverse categories like travel, groceries, online shopping, car maintenance, and more. With numerous options available, understanding complex terms and conditions can be confusing.

To assist, we've compared and listed The Smart Investor Select’s top picks for the best cash-back credit cards.

Card
Rewards
Bonus
Annual Fee
Best For

amazon prime visa

1-5% 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases. Plus, you’ll get 2% back at gas stations, restaurants, and on local transit, and 1% on all other purchases
$200 $200
$0 ($139 Amazon Prime subscription required)
Online Shopping
Chase Freedom Flex
1-5%
$200
$0
Rotating Categories
1.5% – 5% 5% percent cash back on hotels and rental cars booked through Capital One Travel and 1.5% cash back on all purchases everyday.
$200 $200 cash bonus once you spend $500 on purchases within 3 months from account opening
$0
Less than Perfect Credit

capital one savor

1% – 4% unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
$300 $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening
$95
Sign up Bonus

AMEX Blue Cash Preferred Card review

1-6% 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%) and selected U.S. streaming subscriptions, 3% cash back on transit and U.S. gas stations, 1% cash back on other purchases
$250 $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months
$95 ($0 intro for the first year), Rates & Fees
High Cash Back

Citi-costco-anywhere-visa-credit-card review

1-4% 4% cash back on on eligible gas and EV charging purchases for the first $7,000 per year and then 1% thereafter, 3% cash back on restaurants and most travel purchases, 2% cash back at Costco and Costco.com, 1% cash back on all other purchases
None
$0 ($60 Costco membership fee required)
Store Cash Back

citi double cash

1% – 2% 2% cash back rewards rate – 1% every time you swipe and another 1% upon payment.
$200 $200 cash back after spending $1,500 on purchases in the first 6 months
$0
Flat Rate Cashback

Alliant Cash Back Visa Signature Credit Card Review

1.5% – 2.5% up to 2.5% cash back on your first $10,000 of qualifying eligible purchases (1.5% for purchases over $10,000)
None None
$99
Credit Unions

1-5% 5% cashback on up to $1,500 in rotating category purchases each quarter when you activate the bonus category (then 1%), as well 1% percent cash back on all other purchases
Cashback Match All cash back earned at the end of the first 12 months is matched.
$0
Digital Experience

Amazon Prime Rewards Visa Signature Card

amazon prime visa

Amazon Prime Rewards Visa Signature Card

Reward Details

1-5% 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases. Plus, you’ll get 2% back at gas stations, restaurants, and on local transit, and 1% on all other purchases

Current Offer

$200 $200

Credit Rating

Good – Excellent

Annual Fee

$0 ($139 Amazon Prime subscription required)

0% Intro

N/A

APR

19.99% – 28.74% Variable

The Amazon Prime Rewards Visa Signature Card is one of the best shopping cards available, especially if you're a frequent buyer on Amazon.

This card offers an outstanding 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases. Plus, you’ll get 2% back at gas stations, restaurants, and on local transit, and 1% on all other purchases, making it a suitable choice for commuters and a $0 fee on foreign transactions.

However, warehouse clubs and superstores are not included and you aren't eligible for 0% intro APR period. Overall, the Amazon card is suitable for individuals that buy or purchase their groceries at traditional supermarkets. 

  • Rewards Plan: 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases. Plus, you’ll get 2% back at gas stations, restaurants, and on local transit, and 1% on all other purchases
  • APR: 19.99% – 28.74% Variable
  • Annual Fee: $0 ($139 Amazon Prime subscription required)
  • Balance Transfer Fee: $5 or 5%, whichever is greater
  • Foreign Transaction Fee: $0
  • Sign Up bonus: Get a $200 Amazon Gift Card
  • Sign-Up Bonus
  • Cash Back at Supermarkets & Gas Stations
  • No Annual Fee
  • Extended Warranty on Purchases
  • Amazon Prime subscription required
  • Balance Transfer Fee
  • Foreign Transaction Fee
  • Minimum Redemption Amounts

Does the card have a rewards limit?

The Amazon card doesn't have a rewards limit, so you can earn cash back on all of your purchases. It has a tiered structure, so even purchases that are not on Amazon can still earn you some cash back. 

Does anyone can get the Amazon card?

you’ll need good to excellent credit for the Amazon Prime Rewards card. Although your income will be one of the factors assessed during your application, your credit score will be a more important consideration.

Can you get pre approved

There is no pre approval option for the Amazon Prime Rewards card. This means that you’ll need to complete a full application and this will trigger a hard pull on your credit.

What’s the initial credit limit I'll get?

The Amazon Prime Rewards card has a minimum initial credit limit of $500. The exact amount can be much higher but it mainly depends on your credit score.

How long does approval take?

If you don’t get an instant decision after you submit the online application form for the Amazon Prime Rewards card, you may be waiting two to four weeks.

What are the top reason not to get the Amazon card?

The top reason not to get the Amazon Prime Rewards card is that you don’t tend to spend a lot with Amazon or Whole Foods.

Amazon Prime Visa card benefits by category
Amazon Prime Visa card benefits by category (Screenshot from Chase app)

Sam's Club Mastercard

Reward details

1-5% 5% cash back on gas anywhere Mastercard is accepted (on the first $6,000 per year, then 1% after), 3% cash back on Sam’s Club purchases for Plus members, 3% on dining and takeout and 1% on all other purchases