There’s an overwhelming number of options for credit cards, so picking one card can be tough.
When I think of a good credit card for everyday purchases, it naturally leads me to cash back credit cards. They offer consistent rewards and typically have no annual fee.
While some people try to get travel rewards from their credit cards, if you want to keep things simple a cash back credit card is a great option. And let’s be honest: travel rewards during COVID aren’t that great.
This post shares some of the best cash back credit cards on the market today. We update this post regularly with new offers.
I look for two things when I think of top cards for everyday purchases:
- No Annual Fee
- Consistent Rewards
Here are our current picks for cash back credit cards:
1) Chase Freedom Flex
The Chase Freedom Flex Credit Card, is a brand new credit card from Chase. It’s loaded with an outstanding sign-up bonus where you get $200 cash back after you spend $500 on purchases in your first 3 months from account opening. I repeat: spend $500, get $200(!) This is a really great offer.
But it doesn’t stop there. Here are some other perks that come with the card:
- 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter
- 5% cash back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year
- 3% cash back on dining and at drug stores
- 1% cash back on all other purchases
Bonus: One-time $200 Bonus after you spend $500 on purchases within the first 3 months from account opening.
Annual Fee: None
Learn how to apply for the Chase Freedom Flex credit card
2) Fidelity® Rewards Visa Signature® Card
The Fidelity® Rewards Visa Signature® Card is an excellent cash back credit card, with 2% cash back on every single purchase, no exceptions.
This card has the added benefit of being deposited directly into your Fidelity account. Naturally this makes it more likely that you will use your cash back to invest.
Bonus: Receive 10,000 Bonus Points—which equals $100 cash back, when deposited into an eligible Fidelity account—after you make at least $1,000 in eligible purchases within the first 90 days of account opening.
Annual Fee: None
