The best American Express cash back credit card is the Blue Cash Preferred card. It offers $300 statement credit for spending $3,000 in the first 6 months. Cardholders also earn 6% cash back on the first $6,000 spent per year at U.S. supermarkets. And there’s unlimited 3% back at U.S. gas stations and 1% on all other purchases. Blue Cash Preferred has an annual fee of $0 intro 1st yr, $95 after. But it also gives introductory APRs of 0% for 12 months on purchases.
If you don’t want to pay an annual fee, the Amex Cash Magnet card is a better choice. It gives 1.5% cash back on all purchases. Its bonus is a $200 statement credit for spending $2,000 in the first 6 months. And Amex Cash Magnet helps keep interest costs low, too. It offers 0% for 15 months on purchases.
The best 2% cash back credit card is the Citi® Double Cash Card – 18 month BT offer. Citi Double Cash is the best 2% cash back credit card because it has a $0 annual fee and gives unlimited 1% cash back when buying something plus another 1% when paying for it, for a total of 2% cash back on all purchases.… read full answer
For a rewards credit card, 2% cash back on everything is about the best you can aim for. That’s why Citi Double Cash is one of the best credit cards on the market right now. But there are a few other great 2%+ cash back credit cards to consider when shopping for the best deal.
At the end of the day, Citi Double Cash is the best 2% cash back credit card because it offers an unlimited 2% cash back rate on all purchases. Most 2 percent cash back credit cards put a cap on the amount you can earn with a 2%+ rate. Or they only give the rate on certain categories of purchases.
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