10 Best Cash Back Credit Cards for 2023

Cash back credit cards earn rewards on your purchases, meaning, if you use them responsibly, you’re getting free money. Depending on how you use a cash back card and what you use it for, you can get anywhere from 1% to 8% back on dining out, travel, groceries and more. 

CardCritics, GOBankingRates’ resident credit card experts, identified the best cash back credit cards by compiling and extensively analyzing data on all of the major credit cards available, then rating them on a 5-star rating system. The comparison factors include annual fees, APRs, sign-up bonuses, ongoing rewards, accessibility, redemption options and more. These factors were then weighted by importance to focus on key features that are most important in each specific category.

Unlimited rewards on 5%/3% categories

Chase Freedom Unlimited®

5

/5

Score

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Why we like it

The Chase Freedom Unlimited Card excels when it comes to cash back, with a generous rate and no hassle of dealing with revolving categories, deadlines or activating offers. The unlimited rewards are 5% for travel purchases through Chase Ultimate Rewards, 3% for dining and drugstores, and 1.5% on all other purchases. There’s no minimum redemption amount and the rewards points don’t expire. You can redeem them for cash back, gift cards or travel through the Ultimate Rewards website. Plus, you can earn a $200 cash bonus after spending $500 in the first three months, and for a limited time, you will earn 5% back on grocery store purchases on up to $12,000 spent in the first year (excluding Target and Walmart). All of this from a card with no annual fee.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

0% intro on balance transfers for 15 months, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

Earn unlimited 1.5% cash back or more on all purchases, like 3% on dining and drugstores and 5% on travel purchased through Chase.

Benefits

  • Strong and straightforward rewards rate
  • Generous welcome bonus

Pros & Cons

Welcome bonus

No annual fee

Intro APR for purchases and balance transfers

Requires good to excellent credit

Key Features

  • Free Credit Score and Identity Restoration with Credit Journey
  • Trip Cancellation/Interruption Insurance

High rates on dining, groceries and more

Capital One SavorOne Rewards

Capital One SavorOne Rewards

4.8

/5

Score

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Capital One SavorOne Rewards

Why we like it

The Capital One SavorOne Rewards Card is a strong option for those who spend regularly on dining, entertainment, streaming services and groceries because you can earn an unlimited 3% cash back on those categories. You can also earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and earn 10% cash back on purchases with Uber and Uber Eats. Plus, enjoy complimentary Uber One membership statement credits through 11/14/2024. You’ll earn 1% cash back on all other purchases. There’s no annual fee for the SavorOne Rewards Card. The card offers a 0% intro APR on purchases and balance transfers for 15 months; APR after that; a 3% fee applies on the amounts transferred within the first 15 months. Finally, there is a cash back welcome offer of $200 when you spend $500 on purchases within the first three months.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

0% intro APR on balance transfers for 15 months, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

10% cash back on purchases with Uber and Uber Eats, 8% cash back on Capital One Entertainment purchases, 5% cash back on hotels and rental cars booked through Capital One Travel, 3% cash back on dining, entertainment, popular streaming services and at grocery stores (excluding superstores like Walmart® and Target®), 1% on all other purchases

Benefits

  • Strong rewards rates
  • Generous welcome offer

Pros & Cons

Welcome bonus

No annual fee

Intro APR for the first 15 months

Requires good to excellent credit

Key Features

  • No rotating categories or sign-ups needed to earn cash rewards
  • 10% cash back on purchases with Uber and Uber Eats. Plus, complimentary Uber One membership statement credits through November 14, 2024.

Well-rounded benefits

American Express Blue Cash Preferred®

4.8

/5

Score

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Why we like it

The American Express Blue Cash Preferred Card offers impressive, well-rounded benefits. For starters, there are incredible cash back rates on groceries, streaming services, gas and transit expenses. You’ll earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% back on US streaming subscriptions, 3% back as U.S. gas stations and on transit and 1% on all else. This card has an annual fee of $95 that is waived the first year, but you only need to spend $30.44 on groceries a week for your cash back earned to surpass the cost of the annual fee. There’s also a cash back welcome offer: You earn a $250 statement credit after you spend $3,000 in purchases on your new card within the first six months.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

0% intro APR on balance transfers for 12 months, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, 6% on select U.S. streaming subscriptions, 3% at U.S. gas stations and on transit, 1% on other purchases

Benefits

  • Exceptional cash back potential
  • Generous welcome offer

Pros & Cons

Robust rewards for grocery and streaming purchases

Welcome offer

Intro APR for the first year

There’s a $95 annual fee

Key Features

  • $7/month back on The Disney Bundle after you spend $13.99 or more each month on an eligible subscription with your Blue Cash Preferred Card
  • 3% cash back at U.S. gas stations and on transit

Flexibility on rewards categories

Chase Freedom Flex

4.7

/5

Score

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Why we like it

The Chase Freedom Flex Card has plenty of flexibility when it comes to earning cash back rewards, where you can boost your earnings by monitoring and activating bonus categories every quarter. The standard rewards of 5% for travel purchased through Chase Ultimate Rewards, 3% for dining and drugstore purchases, and 1% on all other purchases are excellent. You can your rewards for cash back, gift cards or travel through the Ultimate Rewards website and your rewards will never expire. Plus, you can earn a $200 cash bonus after spending $500 in the first three months, and for a limited time, you will earn 5% back on grocery store purchases on up to $12,000 spent in the first year (excluding Target and Walmart). The Chase Freedom Flex has no annual fee.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

0% intro APR on balance transfers for 15 months, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

5% cash back on up to $1,500 on combined purchases in bonus categories each quarter you activate. Plus, earn 5% cash back on travel purchased through Chase, 3% on dining including takeout and drugstores, and 1% on all other purchases

Benefits

  • Strong rewards potential without annual fee
  • Generous welcome bonus

Pros & Cons

Welcome bonus

No annual fee

Intro APR for purchases and balance transfers

Revolving rewards categories must be activated before the deadline to earn 5% cash back

Key Features

  • Free Credit Score and Identity Restoration with Credit Journey
  • Trip Cancellation/Interruption Insurance

Extra cash back on key categories

PNC Cash Rewards® Visa®

PNC Cash Rewards® Visa®

4.5

/5

Score

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PNC Cash Rewards® Visa®

Why we like it

The PNC Cash Rewards Visa Card is a solid cash back card with no annual fee. You’ll earn at least 1% cash back everywhere, but it’s the extra cash back on key categories that stand out. You’ll get 4% cash back on gas station purchases, 3% on dining purchases at restaurants, and 2% on grocery store purchases for the first $8,000 in combined purchases annually, then 1% on all purchases after the cap has been reached. Additionally, PNC will match the cash back you earn in your first year as a cardholder. The card has a 0% intro APR on balance transfers for the first 12 billing cycles for balance transfers within the first 90 days of account opening. After that, the APR is .

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Purchase APR

Annual Fee

$0

Welcome Bonus

PNC will match the cash back you earn in your first year as a cardholder.

Balance Transfer APR

0% intro APR on balance transfers within the first 90 days, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

2% on grocery store purchases, 3% on dining purchases at restaurants and 4% on gas station purchases for the first $8,000 in combined purchases in these categories annually.[

Benefits

  • First year’s cash back is doubled at the end of the year
  • Strong rewards potential without annual fee

Pros & Cons

Welcome bonus

No annual fee

Intro APR for balance transfers

Must have at least $25 in your PNC Cash Rewards account to redeem cash back

Key Features

  • Zero Liability Fraud Protection
  • PNC Easy Lock allows you to lock a lost card in real time

Intro APR and no annual fee

Bank of America® Customized Cash Rewards

4.7

/5

Score

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Why we like it

The Bank of America Customized Cash Rewards Card is a great option among cash back cards without annual fees. You can earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs purchases (up to $2,500 in combined 3% and 2% bonus categories quarterly) and unlimited 1% on all other purchases. There’s a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. The card has a 0% intro APR for 18 billing cycles for purchases and any balance transfers made in the first 60 days. After the intro APR offer ends a APR will apply.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

Earn 3% cash back in the category of your choice, automatic 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.

Benefits

  • Strong rewards potential without annual fee
  • Generous welcome offer

Pros & Cons

Welcome bonus

No annual fee

Intro APR for purchases and balance transfers

Caps on categories limit earnings potential

Key Features

  • If you’re a Preferred Rewards member, you can earn 25%-75% more cash back on every purchase
  • Rewards don’t expire

First year cash back doubled

Discover it® Cash Back

Discover it® Cash Back

4.4

/5

Score

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Discover it® Cash Back

Why we like it

The Discover it Cash Back Card is a well-rounded card with a unique introductory offer. For the welcome offer, Discover will automatically match all the cash back you earn for the first year. There’s no minimum or maximum, so the earning potential is huge. You can also earn 5% cash back on everyday purchases at different places each quarter, up to the quarterly maximum when you activate. Then you earn unlimited 1% cash back on all other purchases. The Discover it Card has no annual fee and offers a generous intro APR period of 15 months on purchases and balance transfers, then a APR will apply.

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Purchase APR

Annual Fee

Welcome Bonus

Discover will match all the cash back you’ve earned at the end of your first year.

Balance Transfer APR

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

5% cash back on everyday purchases at different places each quarter, up to the quarterly maximum when you activate

Benefits

  • The dollar-for-dollar cash back match bonus at the end of your first year has no limit
  • Cash back redemption options are flexible and robust

Pros & Cons

Welcome bonus

No annual fee

Intro APR for purchases and balance transfers

Must remember to activate spending category

Key Features

  • Discover helps remove your personal information from select people-search websites
  • Easily freeze your account if your card is lost or stolen on the mobile app or website

Bonus rewards categories

American Express EveryDay®

4.6

/5

Score

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Why we like it

The Blue Cash Everyday Card from American Express is a good balance of rewards, a welcome offer, and a generous intro APR period on purchases and balance transfers. First-time card members will have the opportunity to earn up to $250 in welcome bonuses. First you will earn $100 after you spend $2,000 in purchases on your new card within the first 6 months. You can also earn up to $150 back when you shop with PayPal (see terms for details). You’ll also earn 3% cash back at U.S. supermarkets, 3% back on U.S. online retail purchases and 3% back at U.S. gas stations. On each bonus category, you will earn 3% back on up to $6,000 per year then 1%. The card also has 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, APR. The Blue Cash Everyday Card makes for an excellent cash back card option if you want to avoid an annual fee.

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Purchase APR

Annual Fee

Welcome Bonus

Balance Transfer APR

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

3% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases, 3% Cash Back on U.S. online retail purchases, on up to $6,000 per year, 3% Cash Back at U.S. gas stations, on up to $6,000 per year, 1% on other purchases

Benefits

  • Strong cash back potential for a card with no annual fee
  • Generous welcome offer

Pros & Cons

Welcome offer

No annual fee

Intro APR for the first 15 months

Foreign transaction fees

Key Features

  • $7/month back on The Disney Bundle after you spend $13.99 or more each month on an eligible subscription with your Blue Cash Everyday Card
  • 3% cash back on U.S. online retail purchases, on up to $6,000 per year, then 1%

5% cash back on streaming, cable and satellite

BMO Harris Bank Cash Back Mastercard®

BMO Harris Bank Cash Back Mastercard®

4.4

/5

Score

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BMO Harris Bank Cash Back Mastercard®

Why we like it

The BMO Harris Bank Cash Back Mastercard has excellent cash back potential in certain categories, a welcome bonus and no annual fee. You’ll get 5% cash back on streaming, cable TV and satellite services when you use the card to pay your bill every month. On eligible gas and grocery purchases, you will earn 3% cash back on the first $2,500 spent each quarter and 1% on all other purchases. As a welcome bonus, you can earn a $200 cash back bonus when you spend $2,000 within three months of opening your account. The card has a 0% intro APR on balance transfers for the first 12 months for balance transfers within the first 90 days of account opening. After that, the APR is .

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Purchase APR

Annual Fee

$0

Welcome Bonus

Earn a $200 cash back bonus when you spend $2,000 within 3 months of opening your account.

Balance Transfer APR

0% intro APR on balance transfers for 12 months, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

5% cash back on eligible streaming, cable TV and satellite services, 3% cash back on eligible gas and grocery purchases, 1% on all else

Benefits

  • Great cash back potential in certain categories
  • Generous welcome offer

Pros & Cons

Welcome bonus

No annual fee

Intro APR for balance transfers

Foreign transaction fees

Key Features

  • $400 cellphone protection if you pay your bill with the card
  • Mastercard ID Theft Protection Identity Monitoring

Pick your own 5% categories

U.S. Bank Cash+® VISA Signature®

U.S. Bank Cash+® VISA Signature®

4.3

/5

Score

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U.S. Bank Cash+® VISA Signature®

Why we like it

The U.S. Bank Cash+ Card offers some enticing cash back potential for those willing to monitor and pick their categories to get the most out of the card. You earn 5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose, 2% cash back on one everyday category (like gas stations, EV charging stations, grocery stores or restaurants), and 1% cash back on all other eligible purchases. You can also earn a $200 rewards bonus after you spend $1,000 in eligible purchases within the first 120 days of account opening. The U.S. Bank Cash+ Card has no annual fee and offers a generous 0% intro APR on purchases and balance transfers for the first 15 billing cycles, then a APR will apply.

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Purchase APR

0% intro APR on purchases for 15 billing cycles, then

Annual Fee

$0

Welcome Bonus

Earn a $200 rewards bonus after you spend $1,000 in eligible purchases within the first 120 days of account opening.

Balance Transfer APR

0% intro APR on balance transfers for 15 billing cycles, then

Recommended Credit Score

Excellent/Good
670-850*

Cash Back

5% cash back on your first $2,000 in combined eligible purchases each quarter on two categories you choose, 2% cash bak on one everyday category

Benefits

  • Strong rewards potential without annual fee
  • Generous welcome offer

Pros & Cons

Welcome bonus

No annual fee

Intro APR for the first 15 billing cycles

Complicated rewards

Key Features

  • Divide large purchases into fixed monthly payments with U.S. Bank ExtendPay Plan
  • Flexible rewards redemption
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