Best Cash Back Credit Cards of 2020

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Cash back credit cards let you earn cash rewards on everyday purchases at supermarkets, gas stations, restaurants, and department stores. Many cash back credit cards also offer a generous welcome bonus. Below you’ll find some of the best cash back credit cards for consumers and small businesses.

Cash Rewards Credit Card: $200 Bonus, up to 3% Cash Back

Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer offers $200 bonus cash. You only need to spend $1,000 on purchases in 90 days to qualify for the $200 bonus, which is easily attainable. In addition, you can earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement /furnishings, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), and unlimited 1% on all other purchases. It has no annual fee.

  • No annual fee
  • $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases
  • 0% Introductory APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 15.49% - 25.49% Variable APR will apply. A 3% fee (min $10) applies to all balance transfers
  • No expiration on rewards
  • If you're a Preferred Rewards member, you can earn 25% - 75% more cash back on every purchase
Intro APR
0% on Purchases and qualifying Balance Transfers
Intro APR Period
15 billing cycles
Regular APR
15.49% - 25.49% Variable APR on purchases and balance transfers
Annual Fee
$0

1.5% Cash Back on all Purchases: $150 Bonus, unlimited 1.5% Cash Rewards

Wells Fargo Cash Wise Visa® card offers $150 bonus cash. You only need to spend $500 on purchases in 3 months to qualify for the $150 bonus. In addition, you can earn unlimited 1.5% cash back on all purchases. It has no annual fee.

  • Earn a $150 cash rewards bonus after spending $500 in the first 3 months
  • Earn unlimited 1.5% cash rewards on purchases
  • Enjoy 1.8% cash rewards on qualified digital wallet purchases, like Apple Pay® or Google Pay™, during the first 12 months from account opening
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® card
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms and conditions
Intro APR
0% on Purchases and qualifying Balance Transfers
Intro APR Period
15 months
Regular APR
15.49% - 27.49% (Variable)
Annual Fee (Rates & Fees)
$0

Cash Rewards on Dining, Entertainment, and Grocery Purchases

Capital One® Savor® Cash Rewards Credit Card and Capital One® SavorOne® Cash Rewards Credit Card offer cash back on dining and entertainment, which means you receive cash back on spending at fine restaurants, Starbucks, bakeries, concerts, and sporting events, etc. You can earn cash rewards on your grocery purchases at supermarkets with these cards. In addition, you can earn a cash bonus after qualified spending.

  • Earn a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
  • Earn unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through May 2020.
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • No foreign transaction fees
  • Capital One cardholders get access to premium experiences in dining, entertainment and more
  • $0 intro annual fee for the first year, $95 after that
Intro APR
N/A
Intro APR Period
N/A
Regular APR
15.99% - 24.99% (Variable)
Annual Fee
$0 intro for first year; $95 after that

  • Earn a one-time $150 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49% - 25.49% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.49% - 25.49% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • No foreign transaction fee
  • No annual fee
Intro APR
0% on Purchases and Balance Transfers
Intro APR Period
15 months
Regular APR
15.49% - 25.49% (Variable)
Annual Fee
$0

American Express Blue Business Cash Card: 2% Cash Back and No Annual Fee

American Express® Blue Business Cash Card offers 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. It has no annual fee.

  • Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
  • From workflow to inventory to floor plans, your business is constantly changing. That's why you've got the power to spend beyond your credit limit with Expanded Buying Power§.
  • Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
  • 0.0% intro APR on purchases and balance transfers for 12 months, then a variable rate, 14.74%, 17.74%, or 20.74%, based on your creditworthiness and other factors as determined at the time of account opening.
  • No Annual Fee
  • Terms Apply
Intro APR
0% on Purchases
Intro APR Period
12 months
Regular APR
14.74% - 20.74% Variable
Annual Fee (Rates & Fees)
No annual fee

Capital One Spark Cash Select: $200 Cash Bonus and 1.5% Cash Rewards on All Purchases

Capital One® Spark® Cash Select for Business offers $200 cash bonus after qualified spending. In addition to the significant bonus offer, you can earn unlimited 1.5% cash back on all purchases. This card has no annual fee.

  • Earn unlimited 1.5% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months from account opening
  • Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that
  • No annual fee
  • Free employee cards, which also earn unlimited 1.5% cash back on all purchases
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • $0 Fraud Liability if your card is lost or stolen
  • No foreign transaction fees
Intro APR
0% on Purchases
Intro APR Period
9 months
Regular APR
14.49% - 22.49% (Variable)
Annual Fee
$0

  • Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • $0 annual fee for the first year; $95 after that
  • Free employee cards, which also earn unlimited 2% cash back on all purchases
  • $0 Fraud Liability if your card is lost or stolen
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • No foreign transaction fees
Intro APR
N/A
Intro APR Period
N/A
Regular APR
18.49% (Variable)
Annual Fee
$0 intro for first year; $95 after that

Credit Card for Traveling Abroad: No Foreign Transaction Fees & No Annual Fee

Capital One® Quicksilver® Cash Rewards Credit Card offers $150 bonus cash after qualified spending. You only need to spend $500 on purchases in the first 3 months to be eligible for the $150 cash bonus. In addition, you can earn 1.5% cash back on all purchases. It has no annual fee and no foreign transaction fees, making it a perfect credit card to use when you are traveling abroad.

  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49%-25.49% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.49%-25.49% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • Pay no annual fee or foreign transaction fees
Intro APR
0% on Purchases and Balance Transfers
Intro APR Period
15 months
Regular APR
15.49% - 25.49% (Variable)
Annual Fee
$0

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