Find best cashback credit cards of 2019 and pick the exclusive deals and bonus offers, they help you to get cash back with no annual fee. Credit cards with cash back are best for everyone including student, average people, and business man.
The Credit card companies often charge you with a fee on a monthly or annual basis and sometimes also on every transaction. Apart from this, they may also charge penalty in case you fail to pay back the monthly payment on time. It makes credit card to be a much risky asset to have in your pocket. But if credit card is used in a very planned and decent manner, credit cards can not only help you to gain credit when in an emergency but can also help you in actually make some profit from your credit card.
These profits from credit cards come in terms of cash back. You may not be very familiar with the concept of cash back for credit card transactions, as not all lenders who issue credit cards offer cash back on the usage of the credit card. But if the lender offer cash back on credit card, then using it wisely would help you to gain back some credits when you make payments for groceries, fuel, ticket bookings etc.
Nowadays the concept of cash back from credit cards are becoming really popular and most of the people who are getting a new credit card prefer choosing the highest cash back credit card in the market to gain maximum profit for each credit transaction.
Why are Cash Back Credit Cards Popular?
As mentioned above, cash back credit cards are much popular these days. Let us understand what exactly is the reason.
Well, even a few years back, lenders used to reward credit card holders with reward points and MILES points, which could only be redeemed in selected stores and websites and the value of the points accumulated largely vary between lenders.
When it comes to the selecting best cashback credit cards, the main benefit about best credit cards for cash back is that in cash back credit cards the reward provided by the lender is a percentage of the credits that you have spent using the credit card. The percentage of actual credits usually deposit back to the credit limit or bank account or even at times given as a voucher.
Best Credit Cards for Cash Back:
If you are interested in getting yourself best cashback credit cards, then below mentioned are some of the best deals and offers of cash back credit cards to get cash back rewards.
The Chase Freedom Unlimited cash back credit card is one of the widely chosen cash back credit cards. The main highlight of this credit card is that it offers 1.5% cash back on every purchase with no limits on the cash back that can be earned. And the cash back you earn can be exchanged for equivalent cash or can be used to purchase anything from the official portal of Chase Ultimate Rewards.
The American Express Blue Cash Preferred cash back credit card is popular among people who use their credit cards mainly in gas stations and at supermarkets, as these credit card offers 6% cash back for every transaction done in supermarkets until you reach an annual limit of $6000 of spending. You still get some cash back once you cross the annual limit of $6000, however, the cash back is also restricted to 1% per transaction and there is no limit thereafter. On the other hand, if you use the credit card on gas stations or department stores, then you get 3% as cash back for every dollar you spend and there is no limit here as well. On all purchases other than in supermarkets, department stores, and gas stations, you will receive 1% of the transaction amount as cash back. All the cash back you earn with the American Express Blue Cash Preferred credit card is deposited as a statement credit.
3. Discover it Cash Back Credit Card:
The Discover it cash back credit card offers its customers with 5% of cash back every quarterly in the rotating categories until the limit of $1500 is reached. After the limit is crossed, 1% of cash back is offered for every transaction. The main highlight though, is that at the end of the first year after signing up for this credit card, Discover it will match 1:1 for the cash back that you have earned throughout the year.
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