What Are the Best Cash Bonus Credit Cards?

What Are the Best Cash Bonus Credit Cards?

Credit cards with cash bonus rewards can be a great way to earn extra money on your everyday purchases. But with so many options available, it can be difficult to determine which card is best for you. In this article, we’ll take a look at some of the bestcash bonus credit cardson the market and what makes them stand out.

Chase Freedom Unlimited

The Chase Freedom Unlimited card offers unlimited 1.5% cash back on all purchases, with no annual fee. Additionally, new cardholders can earn a $200 cash bonus after spending $500 on purchases within the first three months of account opening. This card also offers a 0% introductory APR on purchases for the first 15 months.

Discover it Cash Back

The Discover it Cash Back card offers 5% cash back on rotating categories each quarter, up to $1,500 in purchases, and 1% cash back on all other purchases. Plus, Discover will match all the cash back earned by new cardholders at the end of their first year. There is no annual fee for this card.

Capital One Savor Cash Rewards Credit Card

For those who enjoy dining out and entertainment, the Capital One Savor Cash Rewards Credit Card is a great option. This card offers 4% cash back on dining and entertainment, 2% cash back at grocery stores, and 1% cash back on all other purchases. New cardholders can earn a one-time $300 cash bonus after spending $3,000 on purchases within the first three months of account opening. The annual fee for this card is $95.

Citi Double Cash Card

The Citi Double Cash Card offers 2% cash back on all purchases, with no annual fee. Cardholders earn 1% cash back on purchases when they make them, and an additional 1% cash back when they pay for those purchases. There is no limit to the amount of cash back that can be earned with this card.

Tips for Maximizing Cash Bonus Credit Cards

To make the most of your cash bonus credit card, it’s important to use it strategically. Here are some tips for maximizing your rewards:

1. Pay off your balance in full each month to avoid interest charges.

2. Take advantage of any sign-up bonuses by meeting the spending requirements within the allotted timeframe.

3. Use the card for purchases that you would make anyway, such as groceries or gas.

4. Keep track of rotating categories and adjust your spending accordingly to earn the most cash back.

5. Consider pairing your cash bonus credit card with a card that offers bonus rewards in other categories, such as travel or dining.

In conclusion, cash bonus credit cards can be a great way to earn extra money on your everyday purchases. By understanding the different options available and using your card strategically, you can maximize your rewards and get the most out of your credit card.