July 2008
Best cash-back cards
Below are some of the most generous cash-back credit cards, listed in alphabetical order. Our data come from CardRatings.com,
as of early May 2008, and our own research.
Consider a cash-back card for your everyday rewards card. It's likely to be good in more places and more generous in what it offers. As with all cards in these lists, take a hard look at the APR. If you don't pay your bill in full each month, you'll save money if you opt for a non-rewards card with a lower APR.
Consider a cash-back card for your everyday rewards card. It's likely to be good in more places and more generous in what it offers. As with all cards in these lists, take a hard look at the APR. If you don't pay your bill in full each month, you'll save money if you opt for a non-rewards card with a lower APR.
| Cash-back card | Reward basics | Drawbacks | Recent APR |
|---|---|---|---|
| AmEx Blue Cash | 5% cash back at supermarkets, gas stations, and drugstores; 1.5% elsewhere. | You have to spend $6,500 annually to get 5% and 1.5% back; if you spend less, it’s 1% and 0.5%. | 9.99% to 14.99% |
| Chase Freedom Visa | 3% for every dollar you spend in three categories where you spend the most, 1% of every dollar you spend in other categories. | Categories based on your spending each month, but 3% rewards are limited to $600 in purchases a month. | 14.99% |
| Discover More | 5% cash back in four spending categories on up to $400 of quarterly purchases, 0.25 to 1% on other purchases. | The categories change four times a year, so you have to pay attention. | 10.99% to 18.99% |
