One of the best cash back credit cards for excellent credit is the Blue Cash Preferred® Card from American Express because it offers a $150 statement credit for spending $3,000 in the first 6 months. You also get 20% cash back on Amazon.com purchases for the first 6 months (up to $200 back), 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits.
The very best card for you will depend on the types of purchases that you plan to charge to your credit card, along with which secondary features you value most. Some cash back credit cards offer rewards at a flat rate on all purchases, while others give more cash back in certain spending categories. Some also offer initial rewards bonuses, while others have low intro APRs.
Here are some of the best cash back credit cards for excellent credit:
The best cash back credit cards for excellent credit are the market’s best overall cash rewards cards. People with excellent credit scores of 750 or higher have the luxury of picking the best offer for their needs from not only the pool of cards that require a minimum of good credit for approval but also those reserved for the highest creditworthiness tier. The better an applicant’s credit score is and the less debt they already owe, the higher their odds of approval will be for one of the top cash back credit cards for excellent credit.
Finally, when using one of these cards, it’s best not to carry a balance between months (unless you have a 0% APR). If you carry a balance, your rewards will be diminished by interest.
There aren’t any 10% cash back credit cards, at least none offering that much back on all purchases. But you can get 10% cash back from some credit cards in specific spending categories or thanks to promotional offers.
A good 10% cash back credit card is the CB2 Credit Card; it offers 10% in Rewards Dollars on purchases at CB2, that can be redeemed for reward certificates.… read full answer
The best way to get 10% cash back from a credit card is by earning an initial rewards bonus. For example, many cards offer cash back bonuses for spending a certain amount in a given time and that often amasses to more than 10% of the spending requirement. But there are plenty of credit cards with good sign-up bonuses, especially if you don't limit yourself to cash back.
Here are some good 2% to 10% cash back credit cards on select categories:
Good for groceries:Blue Cash Preferred® Card from American Express. 20% cash back on Amazon.com purchases for the first 6 months (up to $200 back), 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits. $150 statement credit for spending $3,000 in the first 6 months.
Good cash bonus:Chase Freedom Flex℠. $200 for spending $500 in the first 3 months. 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1% back on all other purchases.
Good store card rate:CB2 Credit Card. 10% back in reward dollars at CB2, 2% on groceries and 1% back on all other purchases.
The highest cash back rates all have caps. But you’ll almost always earn at least 1% back when you make a purchase.
Also note that some cards with high cash back earning rates have bonus categories that change every few months. Others have bonus categories that stay the same. In many cases, cards with lower but unlimited rates, like Citi Double Cash Card, will give more value in the long run.
Chase Freedom Unlimited® is one of the best credit cards for excellent credit with no annual fee as it offers 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on travel through Chase, 3% cash back at restaurants and drugstores, and 1.5% back on all other purchases. There's also a $200 bonus for spending $500 in the first 3 months. In addition to its $0 annual fee, Chase Freedom Unlimited also offers an introductory APR of 0% for 15 months on purchases, which also makes it a good financing option.… read full answer
While the Chase Freedom Unlimited is a great overall option, the best credit card for excellent credit with no annual fee will depend on your individual needs. And some of the best cards on the market with no annual fee will only require good credit or better.
Here are the best credit cards for excellent credit with no annual fee:
Best Overall:Chase Freedom Unlimited $0 annual fee. $200 for spending $500 in the first 3 months. 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on travel through Chase, 3% cash back at restaurants and drugstores, and 1.5% back on all other purchases. Introductory purchase APR of 0% for 15 months, 14.99% - 23.74% (V) thereafter.
Best for Financing:U.S. Bank Visa® Platinum Card $0* annual fee. Introductory purchase APR of 0% for 20 billing cycles, coupled with an introductory balance transfer APR of 0% for 20 billing cycles for transfers within 60 days of account opening. Each balance transfer is subject to a balance transfer fee of 3% (min $5). 14.49% - 24.49%* (V) regular APR.
With excellent credit, you'll qualify for the best credit card offers on the market. Such cards offer everything from low interest rates and high credit limits to substantial rewards and perks. A $0 annual fee is a highly sought-after perk because it allows the cardholder to enjoy all of the card's rewards and benefits without having to pay for the privilege of owning the card every year.
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