Is the Home Depot Credit Card a cash back credit card? This question is about the Home Depot® Credit Card

Is the Home Depot Credit Card a cash back credit card?

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This question is about the Home Depot® Credit Card

Adam McCann, Financial Writer

@adam_mcan • 03/18/23 This answer was first published on 09/07/21 and it was last updated on 03/18/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, the Home Depot® Credit Card is not a cash back credit card. In fact, the Home Depot® Credit Card is not a rewards card at all, so you won’t get anything back for making purchases. There are plenty of other cash back credit cards to consider, though.

Alternative Credit Cards with Cash Back Rewards

If you are looking for a good cash back credit card, you can take consider other options, like the Chase Freedom Unlimited®. This card offers 1.5 - 5% cash back on purchases and has a $0 annual fee. You can also take a look at the Wells Fargo Active Cash® Card. This card gives 2% cash rewards on purchases. Wells Fargo Active Cash also has a $0 annual fee.

You can also check out our editors’ latest picks for the best cash back credit cards on the market. It’s good to compare multiple options before submitting an application, to ensure that you get the most bang for your buck.

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What is cash back?

Cash back is a benefit that gets you a discount for certain purchases. In the context of credit cards, cash back is a type of credit card rewards. You can earn cash back through signup bonuses for meeting certain spending requirements, or through ongoing rewards, as a percentage of the amount spent on qualifying purchases. Some credit cards also offer cash back anniversary bonuses in the form of statement credit for qualifying purchases.

Cash back credit...

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Cash back vs. points: does it make a difference?

The difference between cash back and points is that the former is the most versatile type of credit card rewards, as it can be redeemed for anything, and there’s never any doubt about how much it’s worth. Points, on the other hand, have a value set by the credit card company and tend to be worth the most when redeemed for travel. Credit card companies won’t always clearly disclose points values, and those values can change over...

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Cash back vs. miles: who should get what?

Cash back vs. miles is a frequent debate among rewards credit card shoppers, but it’s like comparing apples and oranges. Both are fruit, or rewards that you earn on every purchase, in this case. And both have their virtues, though a lot depends on your personal tastes. For example, you always know how much cash back is worth, while miles tend to be more mysterious. Miles are also associated with travel, which is fun. But much like...

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