The 6 Best Money-Back Credit Cards of 2019

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Money back credit cards are one of the best types of rewards credit cards. Cash is universal. The credit cards on this list all pay money back rewards on credit card purchases. Some have great signup bonuses, too. Others have great perks on top of the cash back. Need some help deciphering? Check out the list of the best cash back rewards credit cards and choose the best one for you.

Our list includes:

  • Best Overall: Capital One Quicksilver Rewards
  • Best Perks: Discover It
  • Best for Everyday Spending: Blue Cash Preferred American Express
  • Best for Gas Purchases: Bank of America Cash Rewards Visa
  • Best Incentive for Repaying: Citi Double Cash
  • Best for Dining: Uber Cash Rewards Card

When you're choosing the best money-back rewards credit card for your wallet, make sure you pay attention to the types of purchases that earn the most rewards. If you tend to spend evenly on all your purchases, a flat-rate rewards credit card is a better option. A 0% promotional interest rate gives you a chance to earn rewards on a big purchase without paying any interest.

01
Best Overall: Capital One Quicksilver Rewards

Quicksilver
Courtesy of CapitalOne

What we like: The Capital One Quicksilver Rewards card is a simple rewards card that lets you earn a flat-rate rewards on all your purchases. You don't have to keep up with bonus reward categories or tailor your spending to max out your rewards.

With the Capital One Quicksilver Rewards, you’ll earn unlimited 1.5% cash back on all purchases. And as an early spend bonus, new cardholders earn a $150 cash bonus after spending $500 within the first three months of account opening.

What we don't like: People who concentrate spending in one or two categories would earn more rewards with a tiered-rate rewards credit card.

  • Minimum Credit Required: Excellent
  • Annual Fee: None
  • Intro APR: 0% on purchases and balance transfers for 15 months
  • Ongoing APR: 16.24% to 26.24% variable
  • Balance Transfer Fee: 3% of the transfer amount for the first 15 months; None after the first 15 months.
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: $150 cash bonus when you spend $500 in the first three months.

View details about this credit card.

02
Best Perks: Discover It

Discover it® Card
Courtesy of Discover

What we like: The Discover it is packed with perks and pays cash back rewards. Cardholders earn 5% cash back on up to $1,500 in purchases in categories that rotate each quarter. All other purchases earn 1% cash back, including purchases above $1,500 in bonus categories. Rather than an initial signup bonus, Discover automatically matches all the cash back you earn at the end of your first year.

Discover provides free social security number alerts, letting you know if your most sensitive piece of identifying information is found on risky websites. The Freeze It feature allows you to freeze your account through the mobile app or website to prevent new transactions. If you later find your credit card, you can simply unfreeze it to start using it again.

Staying on top of your credit score is important for your credit health. You’ll get a free FICO score each month with your credit card statement.

What we don't like: Rotating categories means you'll have to change your spending every three months to max out your rewards.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: 0% for 14 months on balance transfers and purchases
  • Ongoing APR: 14.24% to 25.24% variable
  • Balance Transfer Fee: 3% of the transfer amount that posts to your account by November 10, 2019; after that 5%
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup bonus: None offered

03
Best for Everyday Spending: Blue Cash Preferred American Express

Courtesy of American Express 

What we like: The Blue Cash Preferred American Families who spent a lot on groceries and gas will benefit from the Blue Cash Preferred American Express. Earn 6% cash back on up to $6,000 in purchases at U.S. supermarkets; 3% cash back at gas stations; 6% back on select US streaming services; 3% back on ground transportation; and 1% on everything else, including grocery purchases above the $6,000 threshold.

The Blue Cash Preferred Amex offers a relatively generous signup bonus, although the spending requirement is also slightly higher. New cardholders will earn $250 cash back after spending $1,000 on purchases in the first three months. The $250 is rewarded as a statement credit.

What we don't like: The card comes with a $95 annual fee isn't waived in the first year. You'll have to spend at least $1,584 in groceries to breakeven on the annual fee in the second year.

  • Minimum Credit Required: Excellent
  • Annual Fee: $95
  • Intro APR: 0% on purchases and balance transfers for 12 months
  • Ongoing APR: 14.99% to 25.99% variable
  • Balance Transfer Fee: $5 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: 2.7% of the amount after conversion to U.S. dollars
  • Welcome Offer: $250 back when you spend $1,000 on purchases in the first three months

View details about this credit card

04
Best for Gas Purchases: Bank of America Cash Rewards Visa

Bank of America® Cash Rewards credit card
Courtesy of Bank of America

What we like: The Bank of America Cash Rewards Visa offers 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings. You can change the category each billing cycle, or let it default to gas.

What we don't like: If you spend more than $833 each month in gas and groceries, you'll quickly max out your rewards at the higher bonus rate. After that, those purchases will only earn 1% cash back.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: 0% for 15 billing cycles on purchases; and balance transfers made within the first 60 days
  • Ongoing APR: 16.24% to 26.24% variable
  • Balance Transfer Fee: $10 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: 3% of the purchase amount in U.S. dollars
  • Signup Bonus: $200 cash rewards after spending $1,000 in the first 90 days

View details about this credit card.

05
Best Incentive for Repaying: Citi Double Cash

What we like: Earning rewards on purchases is the norm for the vast majority of rewards credit cards. The Citi Double Cash pays a great incentive for paying off your credit card balance. The card pays 1% rewards on all purchases and then another 1% as you pay off your balance.

Citi will forgive your first late credit card payment, saving up to $27 on a fee. If you’re late again, you’ll be charged a late fee up to $39.

As a Citi cardholder, you’ll have access to special access to event tickets, like presale concert tickets through Citi Private Pass.

With Citi Price Rewind, you'll never have to regret a purchase because you’ve seen it offered for a lower price. Register your purchased items and get an automatic price adjustment if the item’s price drop within the next 60 days.

What we don't like: Citi Double Cash doesn't offer any signup bonus as an incentive for opening a new account.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: 0% on balance transfers for 18 months
  • Ongoing APR: 15.99% to 25.99% variable
  • Balance Transfer Fee: $5 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 5% of the cash advance
  • Foreign Purchase Transaction Fee: 3% of the purchase amount in U.S. dollars
  • Signup Bonus: None offered

View details about this credit card.

06
Best for Dining: Uber Cash Rewards Card

Uber Visa Card
Courtesy of Uber

What we like: The new Uber Visa Card, issued by Barclays, is a great choice for people who spend a lot on dining. The card pays 4% back on dining, including Uber Eats; 3% back on hotel and airfare; 2% back online purchases, including Uber; and 1% back on everything else.

New cardholders earn a $100 bonus after spending $500 on purchases within the first 90 days. Spend $5,000 or more on your credit card in a year and you’ll get a $50 credit for online services. You can use the credit for streaming music or video subscriptions.

Hate paying for cell phone insurance? Pay your cell phone bill with your credit card and receive $600 for mobile phone damage or theft.

What we don't like: The card has a potentially high APR which means you should pay your balance in full each month to avoid paying high finance charges.

  • Minimum Credit Required: Good
  • Annual Fee: None
  • Intro APR: None offered
  • Ongoing APR: 17.99% to 28.74% variable
  • Balance Transfer Fee: $10 or 3% of the transfer amount
  • Cash Advance Fee: $10 or 3% of the cash advance
  • Foreign Purchase Transaction Fee: None
  • Signup Bonus: $100 after spending $500 on purchases in the first 90 days

View details about this credit card.

About Our Reviews

We are committed to researching and recommending the best financial solutions and products for our readers. The Balance has partnered with CardRatings and may receive commissions from links within our content, but these have no bearing on our reviews or recommendations. The above content has not been reviewed, endorsed, or approved by any card issuers prior to publishing.