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Cash-Back Reward Credit Cards

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Cash-Back Reward Credit Cards

Who doesn’t love some cash-back.

When credit cards started out there weren’t many cash-back opportunities. What bank would want to give away free money? Well fast-forward to 2020 and you can see why cash-back rewards are the favorite amongst credit card consumers.

How do Cash-Back’s work?

Getting cash back on a Credit Card is as easy as inserting your card into the card reader. No, really. When your credit card company offers cash-back rewards, that means they will give you a certain percentage back for every dollar you spend.

For example, let’s say the Discover It® card is offering 3% cash back when you shop at the grocery store. If you go to the grocery store and spend $100 you will get $3 in cash back. You can transfer this cash back into your bank account or use it as credit towards your statement.

These cash-back offers really add up.

Bank of America® Cash Rewards Card

The Bank of America® Cash Rewards Credit Card offers online shopping rewards which makes it a favorite of ours.

You can earn up to $200 after spending $1000 in cash back rewards within the first 90 days of opening the account.

Annual fee: $0

You can earn 3% from gas station purchases, online shopping, and more.

Blue Cash Everyday® Card

American Express offers a Blue Cash Everyday® Card that allows you to earn cash back across a lot of different categories. You can earn up to 3% up to $6000 in purchases at U.S. Supermarkets.

Annual fee: $0

Bank of America® Cash Rewards credit card – $200 Cash Rewards Offer
5 Stars

On Bank of America’s Website
Rewards RatesRewards TermsCash Bonus
3% and 2% cash back on the first $2,500 in combined choice category/grocery store/wholesale club purchases each quarter, 1% on all other purchasesYou can update your choice category for future purchases once each calendar month using the Mobile Banking app or Online Banking, or do nothing and it stays the same.$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening

Patrick Snow has been writing for Credit Slayer since they started. With his financial experience from watching The Wolf of Wall Street you should not trust any advice he has. Besides that, he loves football, barking dogs, and electrolytes.

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  1. Pingback: 10 Travel Reward Credit Cards in February 2020 | Reward Coins

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