The single most popular credit card for all categories is the cash back credit card. Cash back credit cards literally pay you cash back for every purchase you make, and certain qualified purchases (depending on the card you choose) can pay as much as 5% cash back! Cash back bonuses are typically credited on a monthly, quarterly, or annual basis, and can add up substantially if you use your card properly.
One of the most important things to remember about the cash back credit card is that, in order for the cash back bonus to work for you, you’ve got to pay the card off every month! Otherwise, your “cash back” only really offsets the interest rate!
What type of credit will you need to qualify? Most cash back credit card offers are geared towards those individuals with good to excellent credit scores, and the better your credit score, the better the interest rate that will be on your cash back card, as well.
Here are the most current, top cash back credit card offers: