questionswhat is the best "cash back" credit card deal?


If you use Amazon somewhat often, the Chase Amazon card is good. 3% back on Amazon purchases and 1% back on everything else. I think you also get 2% for some things, but I'm not sure.

EDIT: Also, you are able to use your rewards points at the Amazon checkout without going through the hassle of ordering gift cards, etc. You can order other gift cards besides Amazon or get cash back too.


Dude. Credit cards are evil. ;)

"I'M DEBT FREE!!!!!!!" Freedom!!!!!

Some Dave Ramsey quotes:
"Poor is a state of mind. Broke is, 'I'm just passing through.'"

"Work is a surefire money-making scheme."

"Money is 80% behavior, 20% head knowledge. It's what you do, not what you know."

"If the lottery worked, rich people would pay poor people to stand in the line for them."

"If the US Government was a family, they would be making $58,000 a year, they spend $75,000 a year, & are $327,000 in credit card debt. They are currently proposing BIG spending cuts to reduce their spending to $72,000 a year. These are the actual proportions of the federal budget & debt, reduced to a level that we can understand."


I'm a big fan of the Amazon Chase card since I shop on Amazon a lot. It adds up quick, especially if you do a lot of shopping on Amazon.

Otherwise, you might look at the Chase Freedom card since they have 5% cash back on certain things. Plus they are running a promo where you will receive $100 when you spend $500 in 3 months, though I have seen it higher.


I have a Upromise Bank of America card that gives me 1% of all purchases plus additional things on specific stores and brands (like in the grocery store). I can have the rewards split between a online savings account through Sallie Mae and my student loan (also through Sallie Mae). I have two student loans, one shorter term and higher rate, the other longer terms and lower rate. Since Sallie Mae couldn't just apply my rewards to the higher rate loan, I opt to have the rewards deposited into the savings account then I sometimes make a manual payment to the higher rate loan.

My discover card gives 1% on everything and then offers me gift cards where I use $20 of rewards to get $25 in gift cards.


Discover Card is not bad if you work their system. Their normal cash back can sometimes be low, but they run specials where you get 5% back on certain types of places each quarter. Sometimes it will be gas stations. Other times it will be restaurants, etc.

Also, their cash back choices will allow you to get more for your cash back dollar (sometimes as much as double).


I LOVE my Discover card. I have said it many times and their catch phrase is true "It pays to Discover". No annual fee and I pay it off every month. In the last 6 months, I have received over $400 in cashback bonuses between regular cashback rewards, shop discover, and the quarterly 5% rewards.

You can get your bonus direct deposited, you can donate to charity and Discover will match, you can get added bonuses with gift cards. The cash back redemption gift cards are decent ($20 for a $25 gift card) and some are great ($20 for $40 shell gas card last summer - no limit).


@wnyx585am: It's 2% on gas, dining (restaurant) and drugstore purchases.


Another vote for the Chase Amazon. Buy things, pay them off at the end of the month, then get free stuff from Amazon. Sweet deal.


If you're already a member of Costco, I heartily recommend the Costco Amex card. You don't pay a fee for the card; the fee is the 'dues' to belong to Costco. You can use that card anywhere Amex is accepted. Works out good for me. :-) Once a year you get a 'Costco' check. You can use it at Costco only - it's non-negotiable. But, if you want cash instead, just go to the Service desk & they'll give it to you.


Subscribed to this one.. I've been wondering myself..


I DO NOT recommend Citi CashReturns, Citi's 1% cash back program. I decided to see how much we've accumulated since we've never received a check. I logged into my account and see we've accumulated $43. I don't see anywhere to request a check, nor anything that indicates a check threshold. I click the help button which is completely useless. It says "As soon as you've earned CitiDollars, we'll automatically send you a check for the total accumulated CitiDollars account balance shown on your billing statement." What?! That's not true at all!

I called customer service, they transferred me 3 times and two of them insisted I was using Extra Cash program. They suggested I create an account on the Extra Cash site because they think my account was migrated to the Extra Cash program. I asked if my $43 would transfer, but they didn't know.

So I finally found out the minimum check is $50 and that I have to call and request a check.

What a nightmare.


okay, so everything you have seen here about discover is true. but be aware there are multiple types of discover cards. the discover gas card is a 2% on gas and car repair and 1% on else all the time with occasional specials IF you sign up for them. the regular discovercard is UP TO 1% on stuff at certain stores based on what you have spent recently, and 5%on special catagories quarterly when you sign up ahead of time up to certain limits.


I have discovered that a no fee card with 1% rewards on all purchases is sufficient for me.

The opportunity cost to find a card that occasional offers higher rewards rates on very specific purchases at very sporadic times is not worth the effort.

The only change I have been looking into is getting an airline card, as they offer enough bonus miles for a free flight, provide free checked bags and offer an annual companion flight at a significantly reduced rate. They do have annual fees, however.


I have 3 cards, I have a Chase Amazon card that I use for amazon (3%), Gas (2%) and Dining (2%). I also have a Chase Freedom card that I use for 5% cash back on different quaterly categories. Right now, its and Gas, so my amazon card won't get any love this quarter. The last card I have is a Capital One card because you get 1% cash back on everything, and then at the end of the year, you get 50% of your cash back added on in one lump sum (so a total of 1.5%). I use that for pretty much everything else.

Also, before you buy stuff online, most cards have a online "mall" thing where you get x% bonus cash back if you shop through their referral link. Some have halfway decent sites too (my friend's card had like an extra 4% cash back at, jc penny, khols. Another way to save some money.


Another vote for the Chase Amazon card! I shop on Amazon all the time and love it when I have enough points to get something "free". We pay for everything with credit cards just to get the points, of course paying them off every month in full. Chase Freedom does the 5% cash back on different categories each quarter but the only one I've ever been able to take advantage of is gas. At close to $4.50 a gallon right now it adds up in a hurry :-)


Look into Chase Freedom. It gives you a generic 1% back on everything (might be 3? I've been with them for years and they've moved their awards around). There are quarterly categories that you get 5% back on. I believe this quarter is gas and purchases.

Other categories include travel, groceries, and some others that I don't really use like movies. There's typically two or three 5% categories per quarter.

It's a good card though. I have a credit limit that's higher than I could ever use, a good APR and they've got good customer service. You can go paperless and set up autopay. I missed a payment once, called them and they were willing to reverse the late charge and the interest. My rate was unaffected. Granted, I had four years or so of on-time, in-full payments, but it was still nice of them.

It's my primary card and I'm quite happy with it.

Oh, they also have a payment breakdown, where you can pay big purchases off over time, I believe w/o interest. [cont]


[cont] a little more on rewards...

They add up quickly, at least for me. This is the first quarter where the rewards have been something I purchase regularly, so that might be why. But you can get a check, credit statement, or gift card. I'm sure this is fairly typical, but the last time I cashed in (for $100), the gift cards arrived two days later. They're pretty speedy with that.

Honestly, I imagine most cards with cash back will be fairly similar, but I've had nothing but good experience with Freedom, so I would recommend investigating it


@rockytrh: I always forget that cards have those sites. Definitely going to remember it the next time I'm shopping online! Pretty sure both my cards have something with Amazon


I have a PNC card that does points instead of cash but you can turn the points into gift cards (and other stuff). I also have a Discover for the above reasons. I do ebates and mrrebates for some sites. I need to remember to check the card mall sites, making mental note now.

vote-for1vote-against Seems like a very good card, and the site has a lot of ways to customize what you are looking for in a card (choose how much you purchase in gas, grocery, and dining per month, which would help you choose).


I'm going to look into the Amazon card because I spend a lot of money there.
My recommendation for non-Amazon purchases is the PenFed Platinum Rewards Card. Is has the following rewards:
Earn 5 points per dollar spent on gas purchases
Earn 3 points per dollar spent on supermarket purchases
Earn 1 point per dollar spent on all other purchases
No annual fee
No foreign transaction fee
Earn 5,000 points upon first purchase with the card
Earn an additional 20,000 points when you spend $1,000 in the first 3 months of opening the Card - that's equal to $200 toward the reward of your choice.

You can redeem points for Visa gift cards at a rate of 100 points per dollar and with the to initial bonuses you can earn at least a $250 gift card in the first 3 months.


My Capital One card is 2% on gas and groceries and 1% on everything else with no limits. I have it setup to credit my account every time I rack up $25 of rewards. It is my go-to card unless something else is running a better deal (eg. every few months, one of my BoA cards offers me 5% back for charging up to $500 and my Chase ATM (debit) card offers 5% at times as well, though Chase's deal is usually so restricted it doesn't pay much).

I recently got a Discover Card (they offered me over $10k for 16 months at no cost, so I couldn't refuse). I didn't really look at their rewards scheme (I won't be using it until next year) but I remember thinking that the Capital One card seemed better.

Last night I was looking at burning up some of the "Thank You" reward points on my AT&T Universal Card but didn't find anything I wanted before I got bored and stopped looking. Eventually, I should use them but it is a PITA.


I'm also a fan of the Chase Amazon card.

However, I prefer not to use the points there (since you're giving up that 3% towards your points instead of the normal 1% and can get full-value gift cards for elsewhere).


I'm going to agree with the Discover folks. Each quarter they give 5% back on certain categories. Right now its gas. Soon it will be restaurants, then home improvement. Gas is twice a year. So 5% back on gas 6 months out of the year ain't bad and 1% unlimited on all other purchases.


Amazon Visa and Discover, but I have to give the nod to Discover. I love the ShopDiscover cashback bonus program and milk it for all it's worth. On top of the great online shopping rewards, you can further leverage your bonus points for gift cards at up to 20% off face value.


I have a PNC rewards card. 4% back on gas, 3% back on groceries and a few other things, 2% on some stuff, and up to 1% on the rest. I don't remember all the specifics, but it's pretty good.


Chase is pretty good if you shop online to save money!

You can get anywhere from 1 to 12+ bonus points per dollar spent threw chases store.

You can browse the rates here.

Right now every 10,000 points = $100

I recently purchased something on groupon for $300 and received 3588 extra pts, above and beyond the normal 1 or 2 points per dollar.

Then every 3 months they pick 2 categories that you receive 5% on up to $1500 in purchases. Here is the URL to view the current + upcoming

Last but not least if you watch for specials you can get "Spend $xxx get $xxx free in the first x months.". I personally signed up when they had spend $500 get $300 in rewards points. I am currently up to "Your rewards balance is 35,129 Points or $351.29 for CREDIT CARD"


If you have a nearby Costco, why not two?

Amazon Visa - Anything on Amazon and anything that doesn't take AMEX
Costco AMEX - Everything else

Since AMEX is not taken everywhere, this gives you the Amazon card as a backup. Also, occasionally there will be Amazon CC deals where you can save a good amount on certain categories on, got a bunch of sports/outdoors stuff for something like 20% off last year because of it.


I know you're debt free, but at the rate you're going, isn't more efficient car payment + gas cheaper than gas at this point? Especially at $5/gallon when we get there.


I only got my first credit card a few months ago and I settled on Amazon since Chase Freedom rejected me. I'm happy with the Amazon card but I plan to try the Freedom card when I'm eligible again.

I wish people didn't have to have credit cards, but I realized I needed to have something on my credit besides student loans, and at least I could get some of my money back. I only spend what I would have bought with my debit anyway, so I have no problem paying it back, luckily.


I recently went with capital one since my lack of credit history caused everyone else to outright reject me...

But this site reviews the Chase freedom card that people have been mentioning in this thread

And they have another page with an extensive list of cashback rewards cards. It's definitely worth a look.


@rsmoker: Yep. Had a Citi "Cash back" for years. They slowly lowered the cash back terms. I finally got a credit union card. I'm weaning myself off the TBTF banks and going local for all banking. I see Citi failed the FED's stress test also. I took my last $50 check and left the remainder ($0.29) on the table. I also restarted my paper statement as a final goodbye.
BTW - Banks will be giving you a 1099 Form next year for the cash you receive. Lucky you. We can pay income tax on that cash now. Thanks Uncle Sam.