Top 20 Cash Back Credit Cards 2020

The best cash back credit cards can help you earn money for purchases you make every day. With cash back cards, you earn a certain percentage of cash back on all purchases you make with the card. That percentage can be very large in certain categories, like groceries, gas, entertainment, Amazon purchases, and more. Depending on the card, you can have your balance issued to you via check, deposited in a linked savings account, or use it to purchase gift cards or other items.

A prevailing strategy with cash back cards is to use a card that gives more than 1% back for regular purchases, but also to pair it with a card that has 5% bonus categories that frequently change. BestCashCow outlined an effective strategy for those seeking travel rewards to earn valuable rewards through Chase products in this article. The strategy can equally be used as one of the best available to earn cash back for those opting to redeem their rewards as cash back.

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Card Welcome Offer Card Details Why BestCashCow Likes

Chase Freedom Unlimited

Chase Freedom Unlimited

Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening

  • Unlimited 1.5% cash back on every purchase 
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Redeem for cash - any amount, anytime
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee

A strong and reliable cash back card that delivers 1.50% back in all categories, but becomes especially strong when you also hold a Sapphire or Chase Ink Preferred card and use the card for 1.5 Chase Ultimate Rewards points instead of the 1.50% cash back. 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $150 $75
Rewards from spending $648 $324
Annual Fee $0 $0
Annual Rewards $798 $399

Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express

Earn $250 Back after you spend $1,000 in purchases on your new card in your first 3 months of card membership.   You will receive the cash back in the form of a statement credit.

  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) – that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 6% cash back at U.S. streaming services.
  • 3% cash back at U.S. gas stations, ride sharing services, and transit expenses. 
  • 1% back on other purchases.
  • Low intro APR: 0% for 12 months on purchases and balance transfers.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • $95 annual fee.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.

The 6% cash back rate at U.S. supermarkets and on U.S. streaming services and the Welcome Bonus is also compelling. 

Annual Fee: $95

Rewards over 2 years Total Per Year
Sign up value $150 $75
Rewards from spending $840 $420
Annual Fee $190 $95
Annual Rewards $800 $400

Chase Freedom

Chase Freedom

Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Unlimited 1% cash back on all other purchases - it's automatic
  • Enjoy new 5% categories every 3 months
  • Cash Back rewards do not expire as long as your account is open
  • No annual fee

A valuable card for its 5% rewards on rotating categories with no annual fee.   The card becomes especially powerful when you also hold a Sapphire or Chase Ink Preferred card and transfer your Chase Ultimate Rewards points to those cards in lieu of takig cash back.

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $150 $75
Rewards from spending $576 $288
Annual Fee $0 $0
Annual Rewards $726 $363

Capital One® Quicksilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card

One-time $150 bonus after you spend $500 on purchases within the first 3 months.

  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn’t expire and there’s no limit to how much you can earn
  • 0% intro APR on purchases for 15 months
  • Balance transfers also have a 0% intro APR for 15 months
  • Pay no annual fee or foreign transaction fees

A solid card for those seeking cash back from a single card without any limits or needing to focus on earnings categories.

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $100 $50
Rewards from spending $648 $324
Annual Fee $0 $0
Annual Rewards $748 $374

Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

Earn $150 Back after you spend $1,000 in purchases in your first 3 months of card membership.   You will receive the $150 in the form of a statement credit.

  • No annual fee.
  • 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%).
  • 2% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.

A great card for its elevated cash back U.S. supermarkets (3%), U.S. gas stations and U.S. department stores (2%). 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $100 $50
Rewards from spending $552 $276
Annual Fee $0 $0
Annual Rewards $652 $326

Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card

Earn $300 when you spend $3,000 in the first 3 months.

  • Earn 4% on dining and entertainment, 2% at grocery stores and 1% everywhere else.  $95 annual fee, waived the first year.
A great card for those who spend a lot of dining and entertainment and want 4% back.

Annual Fee: $95

Citi®Double Cash Card

Citi®Double Cash Card

N/A

  • Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months.
  • No categories to track, no caps on cash back, no annual fee
Rewards Rate 2.00% (1% cash back when you buy, plus an additional 1% as you pay for those purchases)

The card provides 2% cash back on all spend with no annual fee.   

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $0 $0
Rewards from spending $864 $432
Annual Fee $0 $0
Annual Rewards $864 $432

Wells Fargo Propel American Express Card

Wells Fargo Propel American Express Card

Earn $300 after you spend $3,000 in your first three months of card membership.

  • Earn 3% cash back: (1) when you eat out or order in, (2) on gas stations, ride share and transit, (3) on flights, hotels and car rentals, and (4) on popular streaming services. Everything else earns 1%.

A solid card for its 3% earnings categories.

Annual Fee: $0

 

Barclays Uber Visa Card

Barclays Uber Visa Card

Earn $100 after spending $500 in the first 90 days.

  • Earn 4% back on dining, 3% back on hotels and airfare and 2% back on online purchases. 1% on everything else.

A great cash-back card for its 4% dining category.

Annual Fee: $0

A great cash-back card for its 4% dining category.

Amazon Prime Rewards Visa Signature Card

Amazon Prime Rewards Visa Signature Card

Receive a $70 Amazon credit upon approval.

  • Prime members earn 5% cash back on Amazon and Whole Foods purchases. All card members earn 2% back on restaurants, gas stations and drugstores and 1% back everywhere else.

A great card for Amazon Prime members who spend a lot on Amazon or at Whole foods. 

Annual Fee: $0

 

Discover it® Cashback Match™

Discover it® Cashback Match™

New cardmembers earn 2x cash back in their first year on card membership.

  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
  • Earn unlimited 1% cash back on all other purchases – automatically.
  • INTRO OFFER: Discover will match ALL the cash back earned at the end of your first year, automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • No annual fee.

A solid card for its 5% cash back quarterly rotating categories and the doubling of cash-back rewards in its first year makes it well worthwhile to give the card a try for a year. 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $336 $168
Rewards from spending $672 $336
Annual Fee $0 $0
Annual Rewards $1008 $504

Discover it® Chrome

Discover it® Chrome

N/A

  • Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
  • 2% cash back at restaurants and gas stations on up to $1,000 in combined purchases every quarter - no sign-ups needed. Plus, 1% cash back on all your other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • No foreign transaction fees.
  • No annual fee.

A worthwhile card to try out as your cash back the first year is doubled at the end of the year. 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $0 $0
Rewards from spending $512 $256
Annual Fee $0 $0
Annual Rewards $512 $256

Citizens Bank Cash Back Plus™ World MasterCard®

Citizens Bank Cash Back Plus™ World MasterCard®

N/A

  • 1.8% cash back on your everyday eligible purchases
  • 0% introductory APR on balance transfers for 15 billing cycles
  • No limit to the amount of cash back you can earn
  • No rotating categories or enrollments to keep track of
  • No foreign transaction fees
  • No annual fee
  • No foreign transaction fees

 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $0 $0
Rewards from spending $648 $324
Annual Fee $0 $0
Annual Rewards $648 $324

USAA Preferred Cash Rewards Visa Signature®

USAA Preferred Cash Rewards Visa Signature®

N/A

  • Earn 1.5% cash back on every purchase.
  • Redeem your cash rewards anytime using your mobile device or computer.
  • There's no limit on the amount you can earn.
  • Enjoy no foreign transaction fees when you travel outside of the United States.
  • No annual fee.

 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $0 $0
Rewards from spending $648 $324
Annual Fee $0 $0
Annual Rewards $648 $324

Comerica Visa® Signature Bonus Rewards

Comerica Visa® Signature Bonus Rewards

N/A

  • Earn 1 point for every net $1 you spend.
  • Get a 25% bonus on all points earned every month, automatically.
  • No caps or limits on the points you can earn, plus you have five years to redeem points for rewards.
  • $25 cash back with your first purchase.
  • Redemption starts at 2,500 points for $25 cash back, or redeem 25,000 points for round-trip airfare up to $325.
  • No annual fee.

 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $25 $13
Rewards from spending $432 $216
Annual Fee $0 $0
Annual Rewards $457 $229

Wells Fargo Cash Wise Visa® Credit Card

Wells Fargo Cash Wise Visa® Credit Card

Earn $150 cash rewards bonus after spending $500 in net purchases in the first 3 months

  • Earn unlimited 1.5% cash rewards on everyday net purchases
  • Enjoy 1.8% cash rewards on Android Pay™ or Apple Pay™ mobile wallet net purchases during the first 12 months from account opening
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • 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 Cash Wise Visa® Card
  • 0% Intro APR for 12 months on purchases and balance transfers, balance transfer fees apply
  • $0 Annual Fee

 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $200 $100
Rewards from spending $648 $324
Annual Fee $0 $0
Annual Rewards $848 $424

TD Ameritrade Client Rewards Card (Requires Qualifying TD Ameritrade Account)

TD Ameritrade Client Rewards Card (Requires Qualifying TD Ameritrade Account)

Receive $100 after spending $500 in the first 3 months.

  • The convenience of making payments your way - Online, by phone, by mail or at any TD Bank store
  • The unsurpassed worldwide acceptance of Visa
  • Cardholder inquiry service
  • Emergency card replacement and emergency cash disbursement
  • Lost/stolen card reporting
  • Receive a 10% bonus when your earnings are deposited directly into a qualifying TD Ameritrade account.
  • No annual fee.

 

Annual Fee: $0

Rewards over 2 years Total Per Year
Sign up value $0 $0
Rewards from spending $0 $0
Annual Fee $0 $0
Annual Rewards $0 $0

Fidelity® Rewards Visa Signature® Card (Requires Qualifying Fidelity Account)

Fidelity® Rewards Visa Signature® Card (Requires Qualifying Fidelity Account)

N/A

  • 2% cash-back provided you have the money deposited into a qualifying Fidelity account.   No limits on reward points and no restrictive categories.

Annual Fee: $0

Maximizing Cash Back without Annual Fees


Card Dining Travel Gas Grocery Online Purchases/Streaming Non Bonus Spend
Blue Cash Everyday Card from American Express 1% 1% 2% 3%
(to $6,000 annually)
1% 1%
Bank of America Cash Rewards Card (Requires Platinum Honors Status with BofA) 1.75% 1.75% 5.25%
(to $2,500 quarterly)
3.5%
(to $2,500 quarterly)
1.75%
(to $2,500 quarterly)
1.75%
(to $2,500 quarterly)
Citi Double Cash Card 2% 2% 2% 2% 2% 2%
Uber Visa Card 4% 3%
(Hotels/Airfare only)
1% 1% 2% 1%
Wells Fargo Propel American Express Card 3% 3% 3% 1% 3% 1%

Maximizing Cash Back with Annual Fees


Card Annual Fee Dining Travel Gas Grocery Online Purchases/ Streaming Non Bonus Spend
Blue Cash Preferred® Card from American Express
$95 1% 1% 3% 6%
(to $6,000 annually)
1% 1%
Bank of America Premium Rewards card (Requires Platinum Honors Status With BofA)
$95 3.5% 3.5% 2.62% 2.62% 2.62% 2.62%
Bank of America Cash Rewards card (Requires Platinum Honors Status with BoA)
$0 1.75% 1.75% 5.25%
(to $2,500 quarterly)
3.5%
(to $2,500 quarterly)
1.75%
(to $2,500 quarterly)
1.75%
(to $2,500 quarterly)
Uber Visa Card
$0 4% 3%
(Hotels/Airfare only)
1% 1% 2% 1%
Wells Fargo Propel American Express® Card $0 3% 3% 3% 1% 3% 1%

The table above is generated by BestCashCow and includes BestCashCow’s commentary about the credit card product listed. It may include references to products from one or more of advertisers, but no content herein has not been reviewed, approved or endorsed by any advertiser. BestCashCow has partnered with CardRatings for our coverage of credit card products. We may receive compensation when you click on links to products. Additional terms may apply.