Cash back credit cards allow you to earn rewards every time you make a purchase with your card. Rewards can then be redeemed for a variety of products and services such as electronics, rebates, hotel and flight offers etc. Cash back cards can offer tremendous value on your purchases  especially if your balance is paid down each month to avoid interest charges. If your balance isn’t paid down , your interest charges could be over riding any cash back benefits you may be receiving.There are several cash back credit cards to choose from with each being a little bit different then the other and it can be difficult to choose the proper one. Below is a listing of the best cash back cards  and what they offer.

Who Should Get One?

These cards are ideal for someone who has an excellent credit score. Furthermore, these cards are ideal if you use your card frequently on purchases. If you want a card that offers a variety of cash back options then a cash back card is best for you. Cash back cards often have revolving categories which pay up to 5% per quarter. If you prefer rewards for travel, flight, or strictly gas credit cards then these cash back cards are not for you.

How to Choose the Best Card?

It is important to choose a cash back card that is based on your spending habits. Find a card that pays a high percentage of cash back for items or services you will frequently purchase. For example, if you will frequently use your card specifically on groceries then choose the card with the highest cash back for groceries. Doing so will allow you to maximize the value and perks of being a card owner. Most cash back cards have no annual fee, while a few do. If you choose one with an annual fee ensure that the amount of cash back you are receiving further out weighs the annual fee.

Best Cash Back card for frequent grocery/supermarket purchases

Blue Cash Preferred Card from American Express

Why we chose this card

With this card you can earn a whopping 6% cash back for purchases at supermarkets. Although there is a limit of $6000 per year it is still the best rate you will get for groceries out of any credit card. After you reach the $6000 you will still earn 1% on all grocery purchases.

Best Cash back card for Variety of purchases

Citi Double Cash Credit Card

Why we chose this card

If you want a card that has great value on all purchases this card has the highest rate. With this card you earn 1% when you make a purchase and another 1% when you make the payment, whether in full or a partial payment. This equates to 2% cash back on all purchases. This is the only card where you can consistently earn 2% cash back on any purchase with no limits.

Best Cash Back Card with Highest Introductory/bonus offer

Blue Cash Preferred Card From American Express

Why we chose this card

This card has a bonus offer as well as a long introductory offer. It offers $150 after you spend the first $1000 within the first 3 months(used as statement credit) and 0% introductory A.P.R. for the first 15 months on purchases and balance transfers. Most cards only have an intro period for 12 months but this card goes the extra mile with 15 months.

The Best Cash Back Credit Cards for 2015

Bank Americard Cash Rewards Credit Card

Why we recommend as one of the best

This card offers a a wide variety of features with no fees and good cash back rates up to 3%

Benefits:

  • 0% intro A.P.R. for any purchases for the first 12 billing cycles
  • $100 online cash rewards bonus after you spend first $500 in the first 90 days
  • earn 1% cash back on every purchase, 2% at grocery stores, and 3% on gas to a maximum of $1500 per quarter
  • regular variable A.P.R. 12.99% to 22.99%/

Pros

  • no annual fee
  • no revolving categories
  • good introductory offer

Cons

  • limit on rewards accrued for gas
  • can earn more rewards on other cards

Major standout feature

  • earn up to 3% cash back on all gas purchases

Is this card right for me?

  • ideal if you will use frequently on groceries and gas
  • you don’t have to use the card frequently to benefit due to the 3% on gas
  • if you have excellent credit there are better options

Discover IT Credit Card

Why we recommend as one of the best

This card has the highest reward rate you will see at 5%. It is based on revolving categories however it is still tremendous value.

Benefits:

  • 0% intro A.P.R. on all purchased and balance transfers for up to 12 months
  • earn up to 5% cash back on rotating categories each quarter
  • earn 1% cash back on all other purchases
  • regular variable A.P.R. of 10.99% to 22.99%

Pros

  • no annual fee, no foreign transaction fees, no over limit fee
  • can earn up to 5% on rotating categories
  • great introductory offer

Cons

  • can only earn 5% on the rotating categories
  • if purchase doesn’t fit under rotating category, max you can earn is only 1%

Major standout feature:

  • can earn 5% on the rotating category, although it can be hit or miss depending on the featured item that quarter

Is this card right for me?

  • ideal if you want a card with no fees
  • not ideal if you prefer a flat rate card over a hit and miss rotating category

Chase Freedom Credit Card

Why we recommend as one of the best

Not only does it offer 5% on rotating categories but it also includes 1% unlimited cash back.

Benefits

  • 0% intro A.P.R. for purchases and balance transfers for first 15 months
  • earn $100 cash bonus after you spend first $500 within first 3 months
  • unlimited 1% cash back on every purchase
  • regular variable A.P.R. of 13.99% to 22.99%
  • earn up to 5% cash back on rotating categories

Pros

  • can earn unlimited cash back on the 1%
  • long introductory period of 0% A.P.R.
  • no annual fee

Cons

  • 5% revolving category can be a hit or miss
  • some flat rate cards offer more value

Major Standout Feature

  • unlimited 1% cash back

Is this card right for me?

  • ideal if you have good but not excellent credit
  • you can find more value on other cards if you have excellent credit

Blue Cash Preferred Card from American Express

Why we recommend as one of the best

two reasons: 1% cash back is unlimited and the high 5% rotating categories.

Benefits

  • 0% intro A.P.R. for first 15 months on purchases
  • get $150 after you spend $1000 in first 3 months
  • earn 6% cash back on grocery purchases for a maximum of $6000 per year then earn 1%
  • earn 3% at gas stations and some department stores, 1% on other purchases

Pros

  • 6% on groceries is best value for any cash back card
  • good intro offer and sign up bonus

Cons

  • has annual fee
  • American Express isn’t as widely accepted world wide as Visa and MasterCard

Major standout feature

  • earn 6% on groceries up to $6000 in a year, 1% thereafter

Is this card right for me?

  • ideal if you will use card regularly for grocery purchases
  • ideal if you will use card frequently to offset annual fee
  • not ideal if your not willing to use card frequently

Citi Double Cash Credit Card

Why we recommend as one of the best

It is the only card that offers a an average of 2% cash back on everyday purchases that doesn’t involve a rotating category.

Benefits:

  • intro offer of 0% A.P.R. for 15 months on all purchases and balance transfers
  • earn 1% cash back when you make a purchase, then another 1% cash back when those purchases or paid (in full or partial payments)
  • no annual fee
  • regular variable A.P.R. of 12.99% to 22.99% based on your credit score

Pros

  • only card that offers double the cash back
  • cash back is a steady total of 2%
  • no categories, and no restrictions

Cons

  • need to have excellent credit to qualify
  • highest you can earn on any purchase is a total 2%
  • has annual fee

Major standout feature

  • earn double the cash back, as you earn 1% when you buy and another 1% when payments are made

Is this card right for me?

  • ideal for frequent users to offset the annual fee
  • ideal if you will use card for a wide variety of purchases
  • not ideal if looking to use for gas/travel purchases

Capital One Quicksilver Cash Rewards Credit Card

Why we recommend as one of the best

This card includes no fees, including no annual fee and no foreign transaction fee, making this card ideal for travelling.

Benefits

  • 0% intro A.P.R. on all purchases for first 8 months
  • earn 1.5% unlimited cash back on all purchases
  • receive a $100 bonus after you spend the first $500 within the first 3 months
  • regular variable A.P.R. ranges from 12.9% to 22.9%

Pros

  • cash back is earned in unlimited
  • no annual fee
  • no foreign transaction fee
  • high unlimited reward rate

Cons

  • no rotating category that allows to earn more then 1.5%

Major Standout Feature

  • the 1.5% is unlimited, no restrictions

Is this card right for me?

  • ideal if you want a flat rate card
  • ideal for frequent and infrequent card users
  • ideal for travellers(no foreign transaction fee)
  • not ideal if looking for specific cash back categories

Blue Cash Everyday Card from American Express

Why we recommend as one of the best

This card offers high rates in a variety of areas as well as a long introductory period.

Benefits

  • get $100 back after you spend your first $1000 in first 3 months
  • enjoy a 0% intro A.P.R. on all purchases for the first 15 months
  • earn 3% cash back at supermarkets, up to $6000, then 1 % thereafter
  • earn 2% for gas purchases, earn 1% on all other purchases
  • cash back is received in the form of reward points

Pros

  • no annual fee
  • high rate of 3% on groceries
  • long introductory period

Cons

  • the 3% on groceries has a limit of $6000
  • cash back is received as reward points, not straight cash back

Major standout feature

  • earn high rate of 3% on grocery purchases up to $6000 per year

Is this card right for me?

  • ideal if you will use the card for frequently for grocery purchases
  • not ideal if you prefer straight cash back, if you want straight cash back and want an American Express card go with the Blue Cash Preferred American Express card

Fifth Third Cash Reward Card

Why we recommend as one of the best

Has a wide variety of features with the cell phone and price protection as well as good value on groceries and gas

Benefits

  • 0% intro A.P.R. on all purchases and balance transfers for first 12 billing cycles
  • earn 2% bonus cash back rewards for every $1 you spend gas and groceries
  • earn 1 % cash back for every $1 spent on all other purchases
  • no annual fee
  • variable A.P.R. ranges from 12.99% to 23.99%

Pros

  • provides price protection as well as cell phone protection
  • no annual fee
  • 2% rate on gas and groceries

Cons

  • the 2% cash back rewards are limited to $1500 per quarter
  • interest rate can be as high as 23.9%
  • no revolving categories

Major standout feature

  • earn 2% bonus cash back rewards on gas and groceries

Is this card right for me?

  • ideal for frequent grocery and gas users
  • there are better options if you have excellent credit