Plenty of credit cards give bonus cash back rewards in certain purchase categories. Cardholders may receive extra value on gas, groceries, dining, entertainment, wholesale clubs and more. Other cards have bonus categories that change every quarter, giving you the chance to earn big on different types of purchases every few months.
Lots of credit cards with cash back bonus rewards on purchases also offer an initial cash rewards bonus for spending a certain amount in the first few months. Plus, it’s good to remember that many credit cards without cash back bonus rates still give a solid cash back rate on all purchases.
This information is accurate as of March 2019. Terms apply.
The best credit card with cash back bonus rewards is the Amex Blue Cash Preferred Card because it gives 6% cash back on $6,000 spent per year at U.S. supermarkets, along with unlimited 3% cash back at U.S. gas stations and 1% cash back everywhere else. Blue Cash Preferred requires good credit. It charges a $95 annual fee.
For people who don’t want to pay an annual fee, the Amex Blue Cash Everyday card is a good alternative. Blue Cash Everyday offers 3% cash back on $6,000 spent per year at U.S. supermarkets. And it gives unlimited 2% cash back at U.S. gas stations and select department stores, plus 1% everywhere else. Like the Preferred card, it requires good credit for approval.
There are tons of cash bonus credit cards that offer you money for meeting a spending requirement in the first few months. These cards are a good way to get a hefty rebate on your purchases at the start, especially if they also have no annual fee. But it’s important to remember that initial bonuses are just that – initial. You’ll want to choose a card that provides great everyday perks even after you earn the bonus.… read full answer
Today’s best cash bonus credit cards:
American Express Cash Magnet® Card
Blue Cash Preferred® Card from American Express
Capital One® Savor® Cash Rewards Credit Card
Chase Freedom Unlimited®
Capital One® Quicksilver® Cash Rewards Credit Card
Ink Business Cash℠ Credit Card
Some cash bonus credit cards offer the same cash back rate on all purchases. Other cards give even higher earning rates in certain bonus categories – for example, gas or groceries.
This information is accurate as of August 2019. Terms apply.
The best $500 credit card bonus offer is the Capital One Venture Rewards card, which gives 50,000 miles, worth $500 in travel, for spending $3,000 in the first 3 months. After that, the card keeps the rewards flying with 2 miles per $1 on all purchases. There’s no annual fee for the first year, but the card charges $95 after that.… read full answer
Chase Sapphire Preferred is another card worth considering for a $500+ credit card bonus. It offers 60,000 points for spending $4,000 in the first 3 months. That’s worth $625 when used toward travel or $500 in cash. Preferred charges an annual fee of $0 the first year and $95 after.
There’s also Chase Sapphire Reserve, which charges a $450 annual fee. Its initial bonus is 60,000 points for spending $4,000 in the first 3 months. But it’s worth $750 toward travel or $500 toward cash. And the card also gives a $300 annual travel credit and a Priority Pass Select lounge membership.
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