Best Cash Back Credit Cards for 2023
Author: Greg Johnson Last Updated: September 13, 2023
The best cash back credit cards provide an easy solution for making the most out of your everyday spending. Earning cash back offers a near instant benefit, plus the value of cash back is super simple to understand.
Unlike a typical rewards card, there are no points or conversions to deal with. Simply take a look at your cash back balance, and you’ll know exactly how much you have.
Using a cash back credit card is also super simple. Just use your card to make a purchase and you’ll earn a percentage of it back as a cash reward! You really are earning a bonus just for using the card. Piece of cake, right?
So, if you’ve been searching for the best cash back credit cards, look no further! We’ve created this list of the top cash back credit cards this month. Of course, the offers and benefits vary, but any of these cards can help you earn something for practically nothing. Enjoy!
(Disclosure: Club Thrifty has partnered with CardRatings for our coverage of credit card products. If you apply for a card using our links, Club Thrifty and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses, and recommendations are the author’s alone and have not been reviewed, endorsed, or approved by any of these entities. Read our full disclosure statement here.)
Best Cash Back Credit Cards of 2023
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The card_name is our choice for the top cash back card on the market. Here’s what you need to know:
- Intro Offer: Additional 1.5% cash back (on top of regular cash back percentage) for up to $20,000 in combined purchases during first year (up to $300 value)
- Unlimited 5% cash back on travel purchased through Chase portal
- Unlimited 3% cash back at restaurants (including takeout and eligible delivery services) and drugstores
- Unlimited 1.5% cash back on all other purchases
- 0% introductory APR on purchases for first 15 months (variable 20.49%-29.24% APR after)
- 5% cash back on Lyft rides
- Complimentary 3-month subscription to DoorDash Dashpass
- No minimum to redeem cash back
- Annual Fee: annual_fees
- Learn how to apply
After undergoing a major overhaul, the Chase Freedom Unlimited Card now offers a massive amount of value. You’ll earn an unlimited 5% cash back on travel purchases when you use the Chase portal, 3% cash back at restaurants and drugstores, and 1.5% cash back rewards on everything else.
The Freedom Unlimited also boasts a 1.5% cash back boost on the first $20,000 in combined purchases you make with the card during your first year. That introductory offer is good for up to $300 in cash back bonuses.
As if that weren’t enough, the introductory 0% APR on purchases (variable 20.49%-29.24% APR after) provides even more value for some potential cardmembers. There is no annual fee and some great new benefits for Lyft and DoorDash users, so why not give the Chase Freedom Unlimited a try?
Read our full review | Learn how to apply
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With a competitive welcome offer and unlimited cash back, the card_name is one that all cash back lovers should consider.
Here’s a quick look at some of the card’s top features:
- Welcome Offer: $200 cash bonus after spending $500 in first three months
- Earn 1.5% unlimited cash back on all purchases
- Earn 5% cash back on hotel and rental car bookings through Capital One Travel
- No rotating category bonuses to worry about
- 0% introductory APR on purchases and balance transfers for first 15 months (19.99%-29.99% variable APR and a 3% fee on amounts transferred during first 15 months after that)
- Get up to 6 months of statement credits toward an Uber One membership (good through 11/14/24)
- Cash back never expires as long as you have your account
- Annual Fee: $0
- Learn how to apply
The Capital One Quicksilver Cash Rewards Card earns a very nice 1.5% unlimited cash back rate on all purchases. And, since it is unlimited, there are no caps on the amount of cash back you can earn. Plus, you don’t have to worry about rotating bonus categories. Simply use your card on every purchase and start earning.
Additionally, the Quicksilver Cash Rewards Card doubles as a nice 0% APR card. You’ll enjoy an introductory 0% APR on purchases for the first 15 months you have the card. The rate adjusts to a 19.99%-29.99% variable APR after the promotional period ends, plus there is a 3% fee on balances transferred during first 15 months.
There is no annual fee and points on the card never expire for as long as you keep your account. So, if you’re in the market for the best cash back credit card around, the Capital One Quicksilver Cash Rewards Card definitely deserves your consideration!
Read our full review | Learn how to apply
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The card_name is easily one of the top cash back credit cards available. Here’s why:
- Welcome Offer: $200 bonus after spending $500 in the first 3 months
- 5% cash back on travel booked through Chase portal
- 5% cash back on first $1,500 of spending in bonus categories that rotate quarterly
- 5% cash back on Lyft rides
- 3% cash back at drugstores and restaurants (including takeout and select delivery services)
- 1% cash back on all other purchases
- 0% introductory APR on purchases for first 15 months (variable 19.74%-28.49% APR after)
- Annual Fee: $0
- Learn how to apply
As you can see, the Chase Freedom Flex Card doesn’t just replace the original Freedom Card, it massively improves upon it!
With the Freedom Flex, you still enjoy the same 5% cash back bonus on categories that rotate each quarter. However, the Freedom Flex Card also offers a hefty amount of cash back on fixed categories that last throughout the year – like 5% cash back on travel purchased through Chase Ultimate Rewards and 3% cash back at drugstores and restaurants.
Additionally, the Chase Freedom Flex includes other perks you won’t find on the original. With this card, you’ll get 5% cash back on Lyft rides. You can also activate a 3-month complimentary DoorDash Dashpass membership.
To top it off, you’ll earn a $200 signup bonus when you spend only $500 the first 3 months your account is open. Plus, you’ll be charged 0% APR on purchases for the first 15 months and a variable 19.74%-28.49% APR afterwards. There is no annual fee, so it doesn’t hurt to try it out.
Read our full review | Learn how to apply
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We are really crushing on the card_name right now. Here’s why:
- Welcome Offer: $250 statement credit after spending $3,000 in first 6 months
- 6% cash back at U.S. supermarkets (Limit: $6,000 spending annually, then 1% cash back)
- 6% cash back on certain U.S. streaming services (Enrollment required)
- 3% cash back at U.S. gas stations and transit
- 1% cash back on other purchases
- 0% intro APR on purchases and balance transfers for first 12 months; 19.24% - 29.99% variable APR after
- Annual Fee: annual_fees (card_name)
- Terms apply
- Learn how to apply
The Blue Cash Preferred Card currently earns 6% cash back at U.S. supermarkets (up to $6,000 in purchases annually), 6% cash back on select streaming services (enrollment required), 3% cash back at U.S. gas stations and other select types of transit, and 1% cash back on other eligible purchases. That’s some serious cheese!
To top it off, the card has a $250 welcome offer you can earn by spending $3,000 within the first six months. The welcome offer comes in the form of an available statement credit.
It’s also a good option for getting a 0% APR on purchases and balance transfers during the first 12 months you have the card. After that, you’ll be charged a 19.24% - 29.99% variable APR. There is an annual fee of $95.
Terms apply.
Read our full review | Learn how to apply
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The brand new card_name is turning heads, and it isn’t hard to see why.
- Welcome Offer: $200 in cash back after spending $1,500 in the first 6 months
- Earn 5% cash back on up to $500 in purchases in your top eligible category each billing cycle
- Earn unlimited 1% cash back on all other purchases
- Bonus categories automatically adjust according to your spending
- 0% introductory APR on purchases for first 15 months (variable 18.99%–28.99% APR after)
- Annual Fee: $0
- Learn how to apply
With the Citi Custom Cash Card, you can earn a $200 welcome bonus when you spend make $1,500 in purchases during the first 6 months you have the card. The minimum spending requirement is more than you’ll need to meet with other cash back cards, however, it is still highly attainable.
The biggest benefit of the Citi Custom Cash Card is that it earn 5% cash back in your top eligible spending category each billing cycle. This rate is limited to the first $500 you spend each cycle, so you can earn up to $25 each month. Additionally, you don’t have to worry about rotating categories because your top category automatically adjust based on your spending.
You will also enjoy an introductory 0% APR on all purchases for the first 15 months you have the card. After that, the rate adjusts to a variable 18.99%–28.99% APR. There is no annual fee, which is always a nice touch.
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When it comes to the best cash back credit cards, the card_name certainly deserves a look. This card offers a solid welcome bonus, but there are a few other important details you need to know about.
- Welcome Bonus: One-time $200 cash bonus after spending $500 in first three months after account opening
- Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Earn unlimited 3% cash back on dining, entertainment, and select streaming services
- Earn unlimited 3% cash back at grocery stores (excludes superstores like Walmart and Target)
- Earn unlimited 1% cash back on all other purchases
- Earn 8% cash back on Capital One Entertainment purchases
- Earn 10% cash back on purchases made through Uber and Uber EATS
- Complimentary Uber One membership statement credits (through 11/14/24)
- Cash back will not expire while account is open
- No foreign transaction fees
- 0% introductory APR on purchases and balance transfers for first 15 months (variable 19.99%-29.99% APR and a 3% fee on amounts transferred during first 15 months after)
- Annual Fee: $0
- Learn how to apply
With the SavorOne Cash Rewards Card, you can earn a nice welcome bonus of $200. Simply spend $1,000 in the first 3 months and you’re good to go.
Even better, you’ll earn an unlimited 5% cash back on hotels an rental cars booked through Capital One Travel. Plus, you’ll earn an unlimited 3% cash back on dining, entertainment, and select streaming services. You’ll also earn an unlimited 3% cash back at grocery stores – although superstores like Walmart and Target are excluded.
You’ll also earn 8% cash back on Capital One Entertainment purchases and 10% cash back on purchases through Uber and Uber EATS. All other purchases earn 1% cash back.
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The card_name is still one of the best cash back credit cards on the market. With that said, this card does things a bit differently than its competitors. Here’s a quick look at how the card works:
- Earns cash back twice for a total of 2% cash back
- Earns 1% cash back on purchase & additional 1% cash back on payment
- 0% intro APR on balance transfers for first 18 months (variable 18.99%–28.99% APR after)
- Annual Fee: $0
- Learn how to apply
With the Citi Double Cash Card, you’ll earn cash back twice every time you buy something. First, you’ll earn 1% cash back when you make the purchase. Then, you’ll earn an additional 1% cash back when you pay it off. So, you’ll effectively earn 2% cash back on your purchases – as long as you pay them off.
One of the cool things about this card is that there are no categories to worry about. Every purchase earns the same rate – 1% cash back when you buy and 1% cash back when you pay for your purchase. Additionally, you can earn as much cash back as you want. Unlike some other cards on this list, there are no caps on the amount of cash back you can earn.
Most impressively, the Citi Double Cash Card offers an introductory 0% APR on balance transfers for the first 18 months. After that, the rate adjusts to a variable 18.99%–28.99% APR. A balance transfer fee applies ($5 or 3%, whichever is greater), so consider that before making a transfer.
Final Thoughts
Cash back credit cards are a great way to earn rewards for your everyday spending. The process is simple, rewards are easy to understand, and you can effectively save money on every purchase you make.
As always, be responsible with your credit cards and don’t overspend to hit your cash back goals. Doing so eliminates the benefit you may receive by using the card. Pay them off on-time and earn some nice cash back rewards to supplement your savings.
We hope you’ve enjoyed our list of the Best Cash Back Credit Cards for 2020. If you have any questions, please feel free to email us any time. Good luck!
Read Also:
- 15 Best Travel Rewards Credit Cards This Month
- 7 Best Business Credit Cards This Month
- Best 0% APR and Balance Transfer Cards
(Disclosure: Club Thrifty has partnered with CardRatings for our coverage of credit card products. If you apply for a card using our links, Club Thrifty and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses, and recommendations are the author’s alone and have not been reviewed, endorsed, or approved by any of these entities. Read our full disclosure statement here.)
To see rates and fees for the American Express cards featured, please use the following links: Blue Cash Preferred Card from American Express: card_name.