What Are the Best Credit Cards Offering 3% Cash Back?
Sophia FloerschIf you're looking for a credit card that offers 3% cash back, you have a number of options to choose from. Here are some of the best credit cards available.
Chase Freedom Unlimited
The Chase Freedom Unlimited card offers 3% cash back on all purchases up to $20,000 in the first year, and 1.5% cash back on all purchases after that. There's no annual fee, and there's also a $200 cash back bonus if you spend $500 within the first three months of opening the account.
Discover it Cash Back
The Discover it Cash Back card also offers 3% cash back on all purchases up to a certain amount each quarter, as well as 1% cash back on all other purchases. There's no annual fee, and Discover will match all the cash back you earn in your first year.
Blue Cash Everyday Card from American Express
The Blue Cash Everyday Card from American Express offers 3% cash back at U.S. supermarkets on up to $6,000 per year in purchases, as well as 2% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back on all other purchases. There's no annual fee, and you can also earn a $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
Citi Double Cash Card
The Citi Double Cash Card offers 1% cash back on all purchases, and an additional 1% cash back when you pay them off. There's no limit to the amount of cash back you can earn, and there's no annual fee.
Capital One Savor Cash Rewards Credit Card
The Capital One Savor Cash Rewards Credit Card offers 3% cash back on dining and entertainment, 2% at grocery stores, and 1% on all other purchases. There's a $95 annual fee, but it's waived in the first year, and you can earn a $300 cash back bonus if you spend $3,000 within the first three months.
Tips for Applying for a Credit Card
When applying for a credit card, it's important to consider your credit score, as well as any fees associated with the card. Make sure to read the fine print carefully, and compare different credit card offers to find the one that best fits your needs. Additionally, be sure to pay off your balance in full each month to avoid paying interest charges, and consider setting up automatic payments to ensure that your bills are always paid on time.
Credit Card Savings Strategies
To save money with your credit card, consider taking advantage of cash back offers and rewards programs. Make sure to pay attention to any expiration dates or restrictions on these offers, and try to use your credit card for purchases that you would be making anyway to maximize your rewards. Additionally, consider using balance transfer offers to consolidate high-interest debt and save money on interest charges.
Avoiding Credit Card Fees and Risks
To avoid credit card fees, make sure to pay your balance in full each month and avoid late payments and other penalties. Additionally, be careful not to exceed your credit limit, as this can result in over-limit fees and damage to your credit score. Finally, be aware of the risks associated with credit card fraud and take steps to protect your account, such as monitoring your transactions regularly and setting up alerts for unusual activity.
Recommended Credit Card Companies
Some of the best credit card companies include Chase, Discover, American Express, Citi, and Capital One. These companies offer a variety of credit card options, as well as helpful customer service and fraud protection features. When choosing a credit card company, consider factors such as interest rates, fees, rewards programs, and overall customer satisfaction to find the one that best fits your needs.
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