Best Cash-Back Credit Cards of 2016

From Bank of America to Chase, find out which banks offer the best cash-back credit cards.

best cash back credit cards

If you’re looking for ways to cut costs and maximize your hard-earned dollars, a cash-back credit card can be a great tool. With this type of credit card, you can rack up rewards in the form of cash. And once you earn enough cash back, you can use that money to pay down your balance, get out of debt — or just spend however you please.

But, how do you pick the best cash-back credit card? GOBankingRates.com identified some of the most popular cash-back rewards cards based on the following criteria:

  • Annual fees
  • APR
  • Bonus
  • Rewards rate
  • Additional credit card features

Related: Best Credit Card Offers of 2016

Compare the 25 best cash-back credit cards to see which card can help you earn the most money for everyday purchases and big-ticket items on your wish list. Some also offer airline miles rewards and cash back bonuses for new cardholders.

Click on one of the links below to learn more about the best cash-back credit cards of 2016:

Cash Back Credit CardAnnual FeeAPRCash Back RewardsWhere to Apply
 Chase Freedom Card$00% APR for first 15 months, then starts at 14.24%• 1%-5% cash back on purchases
• $150 bonus after spending $500 on purchases in first 3 months
• $25 bonus after adding first authorized user and making first purchase in first 3 months
Apply Now
 Chase Freedom Unlimited Credit Card$00% APR for first 15 months, then starts at 14.24%• Unlimited 1.5% cash back on every purchase
• $150 bonus after spending $500 in first 3 months
• $25 bonus after adding first authorized user and making first purchase in first 3 months
Apply Now
 BankAmericard Cash Rewards Credit Card$00% APR for first 12 months, then starts at 13.24%• 1%-3% cash back on eligible purchases
• $100 online cash rewards bonus after spending $500 in first 90 days
• 10% customer bonus for redeeming to a Bank of America checking or savings account
Apply Now
 Chase Ink Cash Business Credit Card$00% APR for first 12 months, then starts at 13.49%• 1%-5% cash back on eligible purchases
• $200 cash back bonus after spending $3,000 in first 3 months
• Redeem rewards for cash back, gift cards or travel
Apply Now
 Capital One Spark Miles Select for Business$00% APR until February 2017, then starts at 13.24%• Unlimited 1.5x miles on every purchase for your business
• 20,000 bonus miles ($200 in travel) after spending $3,000 in first 3 months
Apply Now
 Pink Ribbon BankAmericard Cash Rewards Credit Card$00% APR for first 12 months, then starts at 13.24%• 1%-3% cash back on eligible purchases
•$100 online cash rewards bonus after spending $500 in first 90 days
•  10% customer bonus for redeeming to a Bank of America checking or savings account
Apply Now
 Discover it Cash Back Credit$00% APR for first 12 months, then starts at 11.24%• 1%-5% cash back in rotating categories
• Dollar-for-dollar cash back match at the end of first year
Apply Now
 MLB BankAmericard Cash Rewards MasterCard$00% APR for first 12 months, then starts at 13.24%• 1%-3% cash back on eligible purchases
• $100 online cash rewards bonus offer after spending $500 in first 90 days
• 10% customer bonus for redeeming to a Bank of America checking or savings account
Apply Now
 NHL Discover it Card$00% APR for first 12 months, then starts at 11.24%• 1%-5% cash back in rotating categories
• Dollar-for-dollar cash back match at the end of first year
• 10% off NHL gear
Apply Now
 Capital One Quicksilver Cash Rewards Credit Card$00% APR until February 2017, then starts at 13.24%• Unlimited 1.5x cash back on every purchase
• $100 cash back bonus after spending $500 in the first 3 months
Apply Now 
 Barclaycard CashForward World MasterCard$00% APR for first 12 months, then starts at 15.24%• Unlimited 1.5% cash rewards on all purchases
•$100 cash rewards bonus after spending $500 in first 90 days
• 5% cash rewards redemption bonus
Apply Now
 Discover it Chrome Card$00% APR for first 12 months, then starts at 11.24%• 1%-2% cash back on eligible purchases
•Dollar-for-dollar cash back match at the end of first year
Apply Now
SallieMaeUpromise MasterCard by Sallie Mae Bank$0Starts at 14.24% APR• 1%-5% cash back on eligible purchases
• $25 cash back bonus after first purchase
• Up to 10% cash back for college
Apply Now
 M&T Bank Visa Signature Credit Card$0Starts at 11.49% APR• Unlimited 1.5% cash on every purchase
• 10,000 bonus points ($100) after spending $1,000 in first 90 days
• Redeem for cash, travel, gift cards and more
Apply Now
 TD Cash Visa Credit Card$0Starts at 13.24% APR• 2% cash rewards on dining
• 1% cash rewards on all other eligible purchases
• Limited-time $100 cash back bonus after spending $500 in first 90 days
Apply Now
 Citizens Bank Cash Back Plus World MasterCard$0Starts at 14.99% APR• Unlimited 1.5% cash back on every purchase
•10% Purchase Bonus available
•10% Relationship Bonus available
Apply Now
 U.S. Bank Cash+ Visa Signature Card$0Starts at 13.24% APR•5% cash back on first $2,000 in combined net purchases/quarter on 2 categories
•2% cash back of everyday category; 1% cash back on everything else
Apply Now
 Citi Double Cash Card$0Starts at 13.24% APR• Unlimited 1% cash back on every purchase
• Additional 1% cash back on payments
Apply Now
FidelityFidelity Rewards Visa Signature Card$014.24% APR• Unlimited 2% cash back on eligible purchases
• Every net $1 spent equals 2 rewards points
Apply Now
 QuicksilverOne From Capital One$390% APR until February 2017, then 23.24%• Unlimited 1.5% cash back on every purchaseApply Now

Best Cash Back Credit Card Offers in 2016

Chase Freedom Card

ChaseFreedom

The Chase Freedom cash back credit card offers attractive rewards and bonuses with no annual fee and 0% intro APR for 15 months on all purchases and balance transfers. You will earn 5 percent cash back on select purchases each quarter and 1 percent cash back on all other purchases. The Chase Freedom card also has zero liability protection, fraud monitoring alerts and other security features for an extra layer of protection.

Annual Fee: $0

APR: 0% for first 15 months, then starts at 14.24% 

Cash Back & Bonuses:

  • Earn cash back on specific categories
  • 5 percent cash back on up to $1,500 in combined purchases in bonus categories each quarter
  • Unlimited 1 percent cash back on all other purchases
  • $150 bonus after spending $500 on purchases in first three months
  • $25 bonus when you add your first authorized user and make your first purchase within the same three-month period

Cool Features:

  • Zero liability protection
  • Fraud monitoring alerts

Pros: Your rewards don’t expire as long as you maintain your account. Plus, there’s a 0% APR on balance transfers during the promotional period.

Cons: You lose your rewards points if your account status changes. Previous cardmembers do not qualify for bonuses.

Blue Cash Everyday Card From American Express

BlueCashEverdayCard

The Blue Cash Everyday Card from American Express offers several tiers of cash back rewards and a opportunity for a cash bonus. New cardmembers can can also enjoy member perks, including access to ticket pre-sales for concerts and other events, return protection, extend warranties on eligible purchases and more.

Cool Features:

  • Accumulate rewards faster by requesting additional cards for family and friends

Pros: Keep tabs on your Reward Dollar balance with easy online account access.

Cons: You only get cash back in the form of statement credits.

Chase Freedom Unlimited Credit Card

ChaseFreedomUnlimited

The Chase Freedom Unlimited credit card has no annual fee and allows you to earn cash back at any time for any amount without any restrictions. You can start earning 1.5 percent cash back right away, and new cardmembers earn a $150 bonus after spending $500 on purchases within the first three months. The card also offers price protection and zero liability protection.

Annual Fee: $0

APR: 0% for first 15 months, then starts at 14.24%

Cash Back & Bonuses:

  • 1.5 percent unlimited cash back on every purchase
  • $150 new cardmember bonus after spending $500 on purchases within first three months
  • $25 new cardmember bonus after adding first authorized user and making first purchase in first three months

Cool Features:

  • Automatic cash back rewards
  • Price protection
  • Zero liability protection
  • Chip-enabled security

Pros: You can redeem cash back at any time for any amount. And, there’s an 0% introductory APR on both purchases and balance transfers.

Cons: Bonuses are not available to current cardmembers or cardmembers within the last 24 months.

BankAmericard Cash Rewards Credit Card

BankAmericardCashRewards

Cardholders earn at least 1 percent cash back on their purchases with the BankAmericard Cash Rewards Credit Card. Grocery store purchases earn you 2 percent cash back, and gas purchases earn you 3 percent cash back. You can also earn a $100 online cash rewards bonus after making at least $500 in purchases in the first 90 days.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 13.24%

Cash Back & Bonuses:

  • 1 percent cash back on every purchase
  • 2 percent cash back at grocery stores
  • 3 percent cash back on gas
  • $100 online cash rewards bonus after making at least $500 in purchases in first 90 days

Cool Features:

  • 10 percent customer bonus for redeeming cash back into a Bank of America checking or savings account
  • Bank of America Preferred Rewards clients earn bonuses of 25 percent or more

Pros: There are no revolving categories for rewards, and your rewards don’t expire.

Cons: The promotional rate only applies to purchases and balance transfers made within 60 days of opening the account.

Chase Ink Cash Business Credit Card

ChaseInkCashBusiness

One of the best business credit cards, the Chase Ink Cash Business credit card offers one of the more attractive cash back rewards with 5 percent cash back on the first $25,000 spent at office supply stores and for other business expenses. You’ll also earn 2 percent cash back on purchases at gas stations and restaurants, making it an attractive credit card for small business owners and corporate executives.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 13.49%

Cash Back & Bonuses:

  • 5 percent cash back on the first $25,000 spent at office supply stores, cell phone service, landline service, internet service and cable TV service
  • 2 percent cash back on the first $25,000 spent in combined purchases at gas stations and restaurants
  • 1 percent unlimited cash back on all other purchases
  • $200 cash back bonus after spending $3,000 in first three months

Cool Features:

  • Redeem rewards for cash back, gift cards and travel

Pros: Your points do not expire as long as your account remains open. You can obtain employee cards at no additional cost, and purchase protection covers new purchases for 120 days.

Cons: You lose your points if your account status changes.

Capital One Spark Miles Select for Business

CapitalOneQuicksilver

The Capital One Spark Miles Select for Business is ideal for frequent fliers and avid travelers. You’ll earn unlimited 1.5?– miles on every business-related purchase and a bonus of 20,000 miles — equal to $200 in travel — after spending $3,000 in the first three months. You can redeem rewards for everything from airline tickets to hotel stays and enjoy no foreign transaction fees while traveling.

Annual Fee: $0

APR: 0% until February 2017, then starts at 13.24%

Cash Back & Bonuses:

  • Unlimited 1.5x miles on every purchase for your business
  • Earn 20,000 bonus miles — equal to $200 in travel –after spending $3,000 in first three months
  • Redeem rewards for airline tickets, hotel stays, vacation packages and more

Cool Features:

  • $0 fraud liability with real-time alerts
  • No foreign transaction fees

Pros: You can request employee cards at no additional cost and earn rewards from their purchases. Plus, your rewards don’t expire.

Cons: This cash back credit card is geared for business owners with excellent credit.

Related: Should I Get a Business Credit Card?

Pink Ribbon BankAmericard Cash Rewards Credit Card

PinkRibbonBankAmericard

The Pink Ribbon BankAmericard Cash Rewards Credit Card offers at least 1 percent cash back on purchases. You’ll earn 2 percent cash back on grocery purchases and 3 percent cash back on gas for the first $1,500 combined purchases every quarter. Plus, you can give back by just using this credit card; the Susan G. Komen foundation — receives $3 and 0.08 percent of all retail purchases.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 13.24%

Cash Back & Bonuses:

  • 3 percent cash back on gas and 2 percent cash back at grocery stores for the first $1,500 combined purchases each quarter
  • 1 percent cash back on all other purchases
  • $100 online cash rewards bonus after making at least $500 in purchases in the first 90 days
  • 10 percent customer bonus for redeeming cash back to a Bank of America checking or savings account

Cool Features:

  • Susan G. Komen also receives $3 for each card renewal that was in good standing during the one-year period (must not have a zero balance at renewal time)
  • Bank of America Preferred Rewards clients earn bonuses of 25 percent or more

Pros: You can support an important cause with every purchase.

Cons: A penalty APR can apply if you make a late payment. That APR can be as high as 29.99%.

Discover it Cash Back Card

DiscoveritCashBack

The Discover it Cash Back Card boasts some of the biggest cash back rewards with 5 percent cash back on certain categories that change each quarter and 1 percent cash back on all other purchases. Discover will also match all the cash back rewards you earned to the dollar in the first year. This card allows you to freeze your account easily using a mobile app or online.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 11.24%

Cash Back & Bonuses:

  • 5 percent cash back in certain categories
  • 1 percent cash back on all other purchases
  • Discover matches all cash back in the first year for new cardmembers
  • Automatic cash back bonuses
  • Use cash back instantly at Amazon.com checkout

Cool Features:

  • Freeze your account with an on/off switch via a mobile app or online
  • $0 fraud liability guarantee
  • Free overnight shipping for replacement cards

Pros: Your cash back never expires, and you can redeem in any amount at any time.

Cons: Categories change every quarter.

MLB BankAmericard Cash Rewards MasterCard

MLBBankAmericard

Are you a baseball fan? Get at least 1 percent cash back on purchases with the MLB BankAmericard Cash Rewards. You’ll also earn 3 percent cash back on gas and 2 percent cash back on grocery store purchases. And, don’t miss the chance to earn a $100 online cash rewards bonus after making at least $500 in purchases in the first 90 days. Bank of America customers can earn additional rewards when they redeem cash directly into their checking or savings account.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 13.24%

Cash Back & Bonuses:

  • 3 percent cash back on gas and 2 percent cash back at grocery stores for the first $1,500 combined purchases each quarter
  • 1 percent cash back on all other purchases
  • $100 cash rewards bonus after making at least $500 in purchases in first 90 days
  • 10 percent customer bonus for Bank of America customers who redeem cash into a Bank of America account

Cool Features:

  • Cards of all MLB teams available

Pros: Bank of America Preferred Rewards clients earn bonuses of 25 percent or more.

Cons: You will face fees for balance transfers, cash advances and foreign transactions.

NHL Discover it Card

NHLDiscoverit

Hockey fans can appreciate the NHL Discover it Card, which offers 5 percent cash back on certain categories that change every quarter and 1 percent cash back on all other purchases. Your rewards never expire, and you can use the cash back rewards on Amazon.com. Plus, you can take 10 percent off all purchases on the online NHL store.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 11.24%

Cash Back & Bonuses:

  • 5 percent cash back in certain categories
  • 1 percent cash back on all other purchases
  • Automatic cash back match at the end of first year for new cardmembers
  • Use cash back rewards at Amazon.com checkout

Cool Features:

  • 10 percent off all purchases at Shop.NHL.com
  • Freeze account instantly with on/off switch on a mobile device

Pros: Your rewards never expire, and you can get a $0 fraud liability guarantee on all purchases.

Cons: Cash back rewards categories change every quarter.

Comerica Cash Rewards American Express Card

ComericaCashRewards

The Comerica Cash Rewards American Express Card will give you cash back bonus after your first purchase. You’ll also earn cash back on gas, at the supermarket and cash back on all other purchases. There are no limits on the number of points you can earn. And if you have a Comerica checking account, you can link accounts for overdraft protection.

Cool Features:

  • No limits on points earned
  • EMV smart chip technology-enabled

Pros: There are extra protective features, including overdraft protection.

Cons: The Comerica Secured Credit Card cannot be used for overdraft protection.

Capital One Quicksilver Cash Rewards Credit Card

CapitalOneQuicksilver

The Capital One Quicksilver Cash Rewards credit card offers unlimited 1.5 percent cash back on all purchases. There are no changing categories, and you’ll earn a $100 cash rewards bonus after making at least $500 in purchases in the first 90 days. All cardholders also enjoy Visa Signature Benefits.

Annual Fee: $0

APR: 0% until February 2017, then starts at 13.24%

Cash Back & Bonuses:

  • Unlimited 1.5 percent cash back on every single purchase
  • $100 cash rewards bonus after making at least $500 in purchases in first 90 days
  • Visa Signature Benefits

Cool Features:

  • Rewards never expire
  • Redeem any amount at any time

Pros: There are no rotating categories, and you can get $0 fraud liability and security alerts.

Cons: To get approved, you need excellent credit.

Bremer Bank Cash Rewards American Express Card

BremerBankCashRewards

The Bremer Bank Cash Rewards American Express Card has no annual fee and is a chip-enhanced rewards credit card. You’ll earn cash back on gas at the grocery store and cash back on all other purchases.

Cool Features:

  •  Zero fraud liability through Elan Financial Services

Pros: This is a chip-enhanced rewards credit card, and you can get access to popular events before the general public for being an Amex cardholder.

Cons: Transaction fees include balance transfer fees, cash advance fees and foreign transaction fees.

East West Bank Cash Rewards American Express Card

EastWestBankCash

Similar to the Bremer Bank Cash Rewards Amex card, the East West Bank Cash Rewards American Express Card is a chip-enhanced rewards credit card. You’ll earn cash back on gas at supermarkets and cash back on all other eligible purchases.

Cool Features:

  • Zero fraud liability through Elan Financial Services

Pros: There is no penalty APR, and the intro APR extends to balance transfers.

Cons: This card has a high APR for cash advances.

Barclaycard CashForward World MasterCard

BarclaycardCashForward

The Barclaycard CashForward World MasterCard is a no-annual-fee credit card and offers unlimited 1.5 percent cash rewards on every purchase. You’ll earn a $100 cash rewards bonus after making at least $500 in purchases in the first 90 days and a 5 percent cash redemption bonus every time you redeem.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 15.24%

Cash Back & Bonuses:

  • 1.5 percent unlimited cash rewards on every purchase
  • $100 cash rewards bonus after making at least $500 in purchases in first 90 days
  • 5 percent cash redemption bonus every time you deem to use toward next redemption
  • Redemptions start at $50

Cool Features:

  • Cash rewards do not expire as long as the account is open and in good standing
  • $0 fraud liability protection

Pros: Chip card technology is enabled, and you can track your FICO credit score for free.

Cons: A 3 percent foreign transaction fee applies.

Discover it Chrome Card

DiscoveritChromeCard

The Discover it Chrome Card is ideal for earning cash back on everyday expenses. You’ll earn 2 percent cash back on gas and at restaurants on up to $1,000 in combined purchases every quarter, and 1 percent cash back on all other purchases. Discover also provides an automatic cash back match at the end of the first year for new cardmembers.

Annual Fee: $0

APR: 0% for first 12 months, then starts at 11.24%

Cash Back & Bonuses:

  • 2 percent cash back on gas and at restaurants on up to $1,000 in combined purchases each quarter
  • 1 percent cash back on all other purchases
  • Automatic cash back match at the end of first year for new cardmembers
  • Use rewards at Amazon.com checkout

Cool Features:

  • Redeem cash back for any amount at any time

Pros: Your cash back rewards never expire, and you won’t encounter a late fee for your first last payment.

Cons: There are fees for both balance transfers and cash advances.

Upromise MasterCard by Sallie Mae

UpromiseMasterCard

Sallie Mae’s Upromise MasterCard provides plenty of ways to save for college and grow your savings account. You will earn 5 percent cash back for shopping online at Upromise.com, and you’ll also earn 5 percent cash back at restaurants and travel providers in the Upromise network. Plus, get 2 percent cash back on purchases at eligible department stores and movie theaters, and 1 percent cash back on all other purchases. But that’s not all: Shop Upromise’s online partners for an additional 10 percent cash back on purchases.

Annual Fee: $0

APR: Starts at 14.24%

Cash Back & Bonuses:

  • 5 percent cash back for online shopping through Upromise.com
  • 5 percent cash back at restaurants in Upromise network
  • 5 percent on online travel through Upromise.com
  • 2 percent cash back at eligible department stores and movie theaters
  • 1 percent cash back on all other purchases
  • $25 cash back bonus after making a purchase within first 90 days of opening an account

Cool Features:

  • No limit on total cash back you can earn on eligible purchases

Pros: Get an additional 10 percent cash back for college when shopping Upromise’s online partners.

Cons: In addition to balance transfer, cash advance and foreign transaction fees, there is also a late payment fee.

M&T Bank Visa Signature Credit Card

M&TBankVisa

The M&T Bank Visa Signature credit card has no annual fee and offers unlimited 1.5 percent cash back on all qualifying purchases. You will earn 10,000 bonus points after making $1,000 in purchases in the first 90 days.

Annual Fee: $0

APR: Starts at 11.49%

Cash Back & Bonuses:

  • Unlimited 1.5 percent cash back on all qualifying purchases
  • 10,000 bonus points — equal to $100 — after making $1,000 in purchases within 90 days
  • Redeem for cash, travel, gift cards, merchandise and more

Cool Features:

  • Global acceptance with chip technology
  • Overdraft protection when linked to M&T Bank checking account

Pros: Includes Exclusive Signature benefits, such as travel protection and concierge services.

Cons: There is no intro APR on purchases.

TD Cash Visa Credit Card

TDCashVisa

The TD Cash Visa Credit Card offers 1 percent cash back on all eligible purchases and 2 percent cash back on dining. If you like to eat out and travel often, this card will help you earn cash back rewards and also provides Visa Signature benefits, such as 24/7 concierge services and admission to special events. Plus, you’ll earn $100 cash back after spending just $500 within the first 90 days of opening your account. This offer, however, expires on May 25, 2016.

Annual Fee: $0

APR: Starts at 13.24%

Cash Back & Bonuses:

  • 2 percent cash back on dining
  • 1 percent cash back on all other eligible purchases
  • $100 cash back after spending $500 within first 90 days (expires May 25, 2016)
  • Includes Visa Signature benefits when your credit limit is at least $5,000
  • Earn more rewards when paying recurring monthly bills with service providers

Cool Features:

  • Redeem cash rewards for cash back, travel rewards, gift cards and more
  • Round-trip airfare starting start at $250
  • Hotel room or car rentals start at $150

Pros: There are no cash back categories, and you can take advantage of the 0% intro APR on balance transfers during the first 12 billing cycles.

Cons: There is no introductory APR on purchases.

Citizens Bank Cash Back Plus World MasterCard

CitizensBankCashBack

The Citizens Bank Cash Back Plus World MasterCard offers unlimited 1.5 percent cash back on every purchase. You can also earn a 10 percent purchase bonus on earned cash back rewards with at least one purchase every month for at least six consecutive months. Increase your rewards with additional Purchase and Relationship Bonuses where you can earn up to 1.8 percent on your purchases.

Annual Fee: $0

APR: Starts at 14.99%

Cash Back & Bonuses:

  • 1.5 percent unlimited cash back on every purchase
  • 10 percent Purchase Bonus on earned cash back rewards with at least one purchase every month for six consecutive months
  • 10 percent Relationship Bonus on earned cash back rewards and Purchase Bonus with direct deposit into Citizens Bank accounts
  • Earn up to 1.8 percent cash back with Purchase and Relationship Bonuses

Cool Features:

  • No foreign transaction fees
  • Price Protection for 120 days from purchase
  • World Card travel benefits, such as concierge services and trip cancellation insurance

Pros: There are no rotating categories or penalty APRs for late payments.

Cons: There is no intro APR on purchases.

U.S. Bank Cash+ Visa Signature Card

U.S.BankCash+Visa

The U.S. Bank Cash+ Visa Signature Card lets you choose categories where you spend the most so you can earn the most cash back rewards. You will earn 5 percent cash back on the first $2,000 in combined net purchases every quarter in two categories, 2 percent cash back on your choice of one category and 1 percent cash back on everything else.

Annual Fee: $0

APR: Starts at 13.24%

Cash Back & Bonuses:

  • 5 percent cash back on first $2,000 in combined net purchases every quarter in two categories of your choice
  • 2 percent cash back on choice of one everyday category
  • 1 percent cash back on everything else

Cool Features:

  • Choose categories where you spend the most to maximize cash back

Pros: There is no limit on the total amount of cash back you can earn, and there’s a 0% intro APR on balance transfers for the first nine billing cycles.

Cons: There is no intro APR on purchases.

USAA Cashback Rewards Plus American Express Card

USAACashbackRewards

The USAA Cashback Rewards Plus American Express card has no annual fee and is designed for military members looking to save money. Cardholders earn cash back on gasoline and military base purchases and cash back on grocery store purchases each year.

Cool Features:

  • Special benefits for military members

Pros: No foreign transaction fees.

Cons: There are caps on yearly eligible purchases for cash back.

Citi Double Cash Card

CitiDoubleCashCard

The Citi Double Cash Card offers unlimited 1 percent cash back on all purchases and an additional 1 percent cash back on payments you make with the card. There are no caps on the total amount of cash back you can earn. You can redeem cash back for a check, statement credit or a gift card. And, all cardholders also enjoy Citi Private Pass benefits and Citi Price Rewind.

Annual Fee: $0

APR: Starts at 13.24%

Cash Back & Bonuses:

  • Unlimited 1 percent cash back on every purchase you make
  • Additional 1 percent cash back on payments made to the card
  • Redeem cash back for checks, statement credits or gift cards

Cool Features:

  • No restricting categories
  • Citi Price Rewind
  • Citi Private Pass

Pros: There are no caps on the total amount of cash back you can earn. Plus, there is a 0% intro APR on balance transfers for 18 months.

Cons: There is no intro APR on purchases.

Fidelity Rewards Visa Signature Card

FidelityRewardsVisa

The Fidelity Rewards Visa Signature Card has no annual fee and offers unlimited 2 percent cash back for every $1 you spend. Plus, it’s digital-wallet enabled so checking out is easier than ever if you have Apple Pay, Samsung Pay or Android Pay.

Annual Fee: $0

APR: 14.24%

Cash Back & Bonuses:

  • Unlimited 2 percent cash back for every $1 spent
  • Every net $1 spent is equal to two rewards points

Cool Features:

  • Digital wallet-enabled
  • No limits on rewards points
  • Points do not expire

Pros: There are no restrictive categories.

Cons: You have to deposit your rewards into one of Fidelity’s accounts: brokerage account, Cash Management Account, 529 college savings plan or a retirement account.

QuicksilverOne From Capital One

QuicksilverOne

The QuicksilverOne From Capital One card offers unlimited 1.5 percent cash back on all purchases. Your rewards never expire, and you are free to redeem your rewards for any amount at any time.

Annual Fee: $39

APR: 0% until February 2017, then 23.24% variable APR

Cash Back & Bonuses:

  • Unlimited 1.5 percent cash back on all purchases

Cool Features:

  • Rewards do not expire
  • Redeem rewards for any amount at any time
  • Increase credit line after making first five monthly payments on time

Pros: Includes CreditWise from the Capital One credit monitoring service.

Cons: There is an annual fee.

Keep Reading: Best Travel Rewards Credit Card Offers of 2016

Methodology: GOBankingRates assessed information about cash back rewards credit cards, including sourcing information from the credit card and financial institution provider websites as of May 9, 2016. To comprise this list of the best cash back rewards credit cards of 2016, GOBankingRates considered the following factors: (1) annual fee to maintain the credit card account; (2) introductory APR; (3) purchases APR; (4) bonuses received within 90 days or after the first year; (5) rewards rate; (6) additional features. 

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been reviewed, approved or otherwise endorsed by American Express.