Highest Cash Back Credit Cards

Want great rewards? How about simple redemption systems that let you get those rewards quick and easy?

We’ve rounded up the most rewarding cash back credit cards on the market. They offer 5% back or more for certain purchases, a pretty significant discount you can take advantage of over and over again.

5% cash back means you’ll get a minimum 5% return on your spending, usually in the form of a statement credit. Spend $100, get $5 in cash back.

If you want to earn a little back for every purchase you make, these cards should be on your radar.

What’s the Highest Cash Back Credit Card?

Here’s a quick summary of the seven cards with the highest cash back rates:

• Blue Cash Preferred® Card from American Express (Review): 6% cash back at U.S. supermarkets (up to $6,000 per year) and select U.S. streaming services
• Discover it® Cash Back (Review): 5% cash back in rotating bonus categories (up to $1,500 per quarter, activation required); double cash back the first year
• Chase Freedom Flex℠ (Review): 5% cash back on Lyft and in rotating categories (up to $1,500 per quarter for rotating categories); opportunities to increase reward value
• U.S. Bank Cash+™ Visa Signature® Card (Review): 5% cash back in your choice of two categories (up to $2,000 per quarter)
• Citi Custom Cash℠ Card (Review): 5% cash back in your top spend category each billing cycle
• Amazon Prime Rewards Visa Signature Card (Review): 5% cash back at Amazon.com and Whole Foods Market
• Ink Business Cash® Credit Card (Review): 5% cash back on Lyft, office supplies, and internet, cable, and phone services (up to $25,000 per year for certain categories)

Blue Cash Preferred® Card from American Express

Groceries and gas are necessities. Why not have a card that’s great for both?

The Blue Cash Preferred® Card from American Express (Review) delivers, offering the best rate you’ll find at U.S. supermarkets along with a competitive rate for gas.

As for the other bonus categories, they’re nothing to sneeze at, either: Transit covers rideshares like Uber and Lyft, and who doesn’t use at least one streaming service? (The list of eligible services is extensive, covering all the usual suspects like Netflix, Amazon Prime Video, and Hulu, and then some.)

Key Features

• Amex Offers: Find offers for extra cash back at a changing selection of merchants.
• $120 Equinox+ Credit: Get up to $10 per month for a stand-alone monthly membership to the Equinox+ app. Will not apply if you purchase the membership through the Equinox app or a third party.
• ShopRunner membership: ShopRunner provides free two-day shipping and returns at participating online retailers.
• Shopping protections: Return Protection, Extended Warranty, Purchase Protection
• Travel protections: Car Rental Loss and Damage Insurance, Global Assist Hotline
• Purchase APR: 0% for 12 months, then 13.99% - 23.99% Variable
• Annual fee: $0 introductory annual fee for the first year, then $95

Enrollment required for select benefits; terms and limitations apply.

Blue Cash Preferred® Card from American Express (Rates & Fees)

Discover it® Cash Back

The Discover it® Cash Back (Review) boasts a unique offer that puts it near the top of the cash back pecking order. Like all Discover credit cards, not only will you get handy reward categories for no annual fee — you’ll also get double cash back for every purchase in your first year.

That’s an excellent find on a card that gives you 5% bonus cash back on a changing selection of categories, which rotates every three months and typically includes everyday purchases like groceries, gas, and dining. Check out the categories below, or read more about them here.

After the first-year bonus you’ll end up with an unrivaled 10% cash back! And non-category purchases will cash out at 2% back, on par with the very best flat-rate cash back cards.

Key Features

• Free FICO credit score: Track your FICO Score 8 over time, based on your TransUnion credit report.
• Social Security number alerts: Get notified if your SSN is found on any thousands of risky websites.
• New account and inquiry alerts: Activate alerts to see if any new accounts or credit inquiries appear on your Experian credit report.
• Purchase and Balance Transfer APR: See Terms for See Terms, then See Terms
• No foreign transaction fee
• Annual fee: $0

Chase Freedom Flex℠

Like the Discover card above, the Chase Freedom Flex℠ (Review) provides 5% back in categories that switch every three months. In this case you’ll also earn 5% back on Lyft purchases, a timely addition as rideshares become more popular.

5% is a great rate, but here’s a neat trick to get an even better return on your spending. If you also have certain other cards in the Chase Ultimate Rewards family, like the Chase Sapphire Preferred® Card (Review) or Chase Sapphire Reserve® (Review), you can expand your redemption options by transferring your rewards from the Flex over to that other card, where they can be worth more.

Rather than getting $1 in value for every $1 in cash back, like you normally would, you could get $1.25, $1.50, or even $2.00 or more through point transfers to partner airlines and hotels. That’d boost your cash back equivalent with the Freedom to upwards of 6.25%, 7.5%, or even 10% — not too shabby, but it takes a bit of extra work.

Key Features

• DoorDash membership: Get a free membership (DashPass) for three months, and a 50% discount for the next nine months; a DashPass provides free delivery and reduced service fees on orders over $12.
• Shop through Chase/Chase Offers: Earn extra cash back or find discounts with the Shop through Chase and Chase Offers programs.
• Shopping and travel protections: Purchase Protection, Extended Warranty Protection, Auto Rental Collision Damage Waiver, Trip Cancellation/Trip Interruption Insurance, Travel and Emergency Assistance, Cellphone Protection
• Purchase APR: 0% for 15 months, then 14.99% - 23.74% Variable
• Balance Transfer APR: 14.99% - 23.74% Variable
• Annual fee: $0

U.S. Bank Cash+™ Visa Signature® Card

Sick of credit cards that are always bossing you around, telling you where to shop to get the best rewards?

The U.S. Bank Cash+™ Visa Signature® Card (Review) gives you the freedom to pick two (!) 5% cash back categories every three months, out of a healthy selection that includes common expenses like ground transportation along with rare finds like home utilities, department stores, furniture stores, and streaming services.

If you’re the type to plan out big purchases in advance, you can adjust your 5% bonus rewards to fit. This could work especially well with furniture, electronics, and clothing.

Don’t forget about the 2% options: You can choose one “everyday” category to fill out your rewards program. But this rate is on the low end, so you may want to consider a different rewards credit card for that kind of spending.

Key Features

• Free credit score: See your VantageScore 3.0 based on your TransUnion credit report.
• Visa Signature Concierge: Call for personal assistance with travel bookings, dining reservations, business services, and more.
• Visa Signature Luxury Hotel Collection: Get perks at select hotels like a $25 food and beverage credit and room upgrades when available.
• Shopping and travel protections: Purchase Security, Extended Warranty, Auto Rental Collision Damage Waiver, Roadside Dispatch
• Purchase APR: 13.99% - 23.99%* Variable
• Balance Transfer APR: 0% for 12 billing cycles on Balance Transfers*, then 13.99% - 23.99%* Variable
• No foreign transaction fee
• Annual fee: $0*

Read more 4 Best Credit Cards for Streaming Services: Netflix, Hulu, Amazon Prime

Capital One Savor Cash Rewards Credit Card

Dining is a popular expense, and you don’t typically find cash rewards credit cards with very high rates. The Capital One Savor Cash Rewards Credit Card (Review) offers an industry-leading 4% at restaurants (for static categories), but it comes at the cost of an annual fee.

New cardmembers typically get a nice welcome bonus to help offset the fee, but you may want to consider the Capital One SavorOne Cash Rewards Credit Card (Review) instead. It’s a less-rewarding offer with no annual fee and an introductory APR, and it may be more palatable.

Spending Rewards
8% cash back on tickets at Vivid Seats
4% cash back on: Dining Entertainment Streaming Services
3% cash back at Grocery Stores
1% cash back on all other purchases

Introductory Bonus
$300 cash bonus for spending $3,000 in the first 3 months

Key Features

• World Elite Mastercard Concierge: Call any time for non-emergency help with making reservations, finding hard-to-find gifts, and more.
• World Elite Mastercard benefits: Including Price Protection, Extended Warranty, MasterRental Insurance, Trip Cancellation/Interruption Insurance, and more
• CreditWise: Check your VantageScore 3.0 credit score for free, based on your TransUnion credit report, and see information from that report.
• No foreign transaction fee
• Annual fee: $95

Citi Custom Cash℠ Card

The Citi Custom Cash℠ Card (Review) has a different approach. Rather than rotating categories, or choose-your-own categories, Citi will simply give you 5% back in your top spend category each month.

Spending Rewards
5% cash back in your top spend category each billing cycle (up to $500 spent, then 1%)
1% cash back on all other purchases

Introductory Bonus
$200 cash back for spending $750 in the first 3 months

The 5% spend categories are: drugstores, restaurants, grocery stores, gas stations, select travel, select transit, select streaming services, fitness clubs, home improvement stores, and live entertainment.

Key Features

• Free FICO credit score: Check your FICO Bankcard Score 8 online or in the app, anytime.
• Citi Entertainment: Provides access to music, sports, and culinary events
• Mastercard ID Theft Protection: Get ID theft monitoring and alerts if any suspicious activity is found.
• Contactless payments: Tap to pay at eligible terminals.
• Purchase APR: 0% for 15 billing cycles, then 13.99%–23.99% Variable
• Balance Transfer APR: 0% for 15 billing cycles, then 13.99%–23.99% Variable
• Balance Transfer fee: 5%, $5 minimum
• Annual fee: $0

Amazon Prime Rewards Visa Signature Card

There are a handful of Amazon credit cards, but the Amazon Prime Rewards Visa Signature Card (Review) is best for your average Amazon aficionado.

Cardholders earn 5% back on every Amazon purchase, which can add up to some great savings alongside the free shipping and deals you can get with Amazon Prime. Whole Foods Market is included at that rate, too (thanks to Amazon buying the grocery chain).

There are some useful 2% categories tagging along as well (drugstores made the list, which you don’t often see). The card is even made with metal, which is a bit more fun than your average plastic card.

You’ll need Amazon Prime to get and use this card; if you don’t have Prime, or if you cancel the subscription, you’ll get the less-impressive Amazon Rewards Visa Signature Card (Review). It may not be metal, but it’s still a solid card.

Key Features

• Visa Signature Luxury Hotel Collection: Perks at eligible hotels, including complimentary WiFi, room upgrades when available, a $25 food and beverage credit, and more
• Visa Signature Concierge: Call anytime for non-emergency assistance.
• Shopping and travel protections: Purchase Protection, Extended Warranty Protection, Auto Rental Collision Damage Waiver, Baggage Delay Insurance, Lost Luggage Reimbursement, Travel and Emergency Assistance, Travel Accident Insurance
• Purchase and Balance Transfer APR: 14.24% to 22.24% Variable
• No foreign transaction fee
• Annual fee: $0

Ink Business Cash® Credit Card

Don’t fret, small business owners — we’ve got a card for you too.

The Ink Business Cash® Credit Card (Review) has industry-leading rewards for a no annual fee card, offering 5% back on a pair of typical business expenses, plus Lyft. You’ll have to deal with a $25,000 annual limit on those 5% business categories, however, with a separate $25,000 limit for the 2% categories, and that could feel restrictive.

If you’ll be butting heads with the limits, think about pairing this card with other business reward credit cards, especially flat-rate cards with no spending limits, to maximize your cash back earnings.

Like the Chase Freedom Flex℠ above, you can get more out of this card by pairing it with certain other Chase Ultimate Rewards cards. In this case, you may want to combine the Ink Business Cash with the Ink Business Preferred® Credit Card (Review), which gives a 25% bonus for travel redemptions and allows point transfers to travel partners. Once again, this could let you reach cash back equivalents upwards of 10% with the Ink Business Cash.

Key Features

• Free employee cards
• Chase Offers and Shop through Chase: Earn extra cash back with Shop through Chase or find discounts with Chase Offers.
• Shopping and travel protections: Purchase Protection, Extended Warranty Protection, Auto Rental Collision Damage Waiver, Travel and Emergency Assistance, Roadside Dispatch
• Purchase APR: 0% for 12 months, then 13.24% - 19.24% Variable
• Balance Transfer APR: 13.24% - 19.24% Variable
• Annual fee: $0

Hungry for more?

See all of the best cash back credit cards on the market.

For rates and fees of the Blue Cash Preferred® Card from American Express, please click here.