What are the Top Cash Back Credit Cards for 2019?

Top Cash Back Credit Cards for 2019: A Comprehensive Guide

Credit cards have become an essential part of our daily lives, and with countless offerings available on the market, it can be hard to choose the right one for you. Cashback credit cards are a popular choice among consumers, as they allow you to earn money back on your purchases. Here, we’ve compiled a list of the topcashback credit cardsfor 2019, along with their features and benefits, to help you make an informed decision.

1. Chase Freedom Unlimited

The Chase Freedom Unlimited card offers a flat rate of 1.5% cashback on all purchases, with no annual fee. Additionally, new cardholders can earn a $150 bonus after spending $500 in the first three months of account opening. This card also offers an introductory 0% APR for the first 15 months on purchases and balance transfers, making it an excellent option for those looking to make a large purchase or transfer a balance.

2. Citi Double Cash Card

The Citi Double Cash Card offers 1% cashback on all purchases and an additional 1% cashback when you pay off your balance, for a total of 2% cashback. There is no annual fee, and the card also offers an introductory 0% APR for balance transfers for the first 18 months. This card is an excellent option for those who want to earn cashback on all purchases and pay off their balance quickly.

3. Blue Cash Preferred Card from American Express

The Blue Cash Preferred Card from American Express offers 6% cashback on up to $6,000 in annual spending at U.S. supermarkets, 3% cashback on gas and select department stores, and 1% cashback on all other purchases. This card does come with an annual fee of $95, but the rewards can quickly offset this cost. Additionally, new cardholders can earn a $250 statement credit after spending $1,000 in the first three months of account opening.

4. Discover it Cash Back

The Discover it Cash Back card offers 5% cashback on rotating categories, up to $1,500 per quarter, and 1% cashback on all other purchases. Categories change each quarter and can include gas stations, grocery stores, and restaurants. Additionally, Discover matches all cashback earned in the first year for new cardholders. There is no annual fee, and the card also offers an introductory 0% APR for the first 14 months on purchases and balance transfers.

Tips for Applying for a Cashback Credit Card

When applying for a cashback credit card, it’s essential to consider your spending habits and financial goals. Here are some tips to help you make the most out of your cashback credit card:

1. Choose a card that aligns with your spending habits. If you spend a lot on groceries, a card with high cashback rewards at supermarkets would be a good choice.

2. Pay off your balance in full each month to avoid accruing interest charges, which can negate the benefits of cashback rewards.

3. Keep track of your spending and cashback rewards to maximize your earnings.

4. Be aware of any annual fees associated with the card and ensure that the rewards outweigh the cost.

5. Avoid overspending to earn more cashback rewards, as this can lead to debt and financial trouble.

In conclusion, cashback credit cards can be an excellent way to earn money back on your purchases, but it’s essential to choose the right card for your needs and use it responsibly. By following these tips and choosing one of thetop cashback credit cardsfor 2019, you can make the most out of yourcredit card rewardswhile avoiding financial pitfalls.