Hey there, smart spenders! If you love the idea of earning money back on your everyday purchases, a cash back credit card might just be your best friend. With so many options available, finding the perfect cash back card can be overwhelming. But don’t worry—we’ve got you covered. Here’s a look at the best cash back credit cards for 2024, each offering unique perks to help you maximize your rewards. Ready to find your perfect match? Let’s dive in!

1. Chase Freedom Unlimited®

The Chase Freedom Unlimited® card is a versatile choice that offers impressive cash back rates on a wide range of purchases.

Key Benefits:

• Sign-Up Bonus: Earn an extra 1.5% cash back on everything you buy (on up to $20,000 spent in the first year).
• Earning Rates: 5% cash back on travel purchased through Chase Ultimate Rewards, 3% on dining and drugstores, and 1.5% on all other purchases.
• No Minimum for Redemption: Redeem cash back in any amount at any time.

Annual Fee:

• $0

2. Citi® Double Cash Card

The Citi® Double Cash Card is simple yet powerful, offering one of the highest flat-rate cash back programs available.

Key Benefits:

• Earning Rates: Earn 2% cash back on all purchases—1% when you buy, and an additional 1% when you pay for those purchases.
• No Caps or Categories: Earn unlimited cash back on everything.
• Flexible Redemption: Redeem your cash back for statement credits, direct deposit, checks, or convert to ThankYou® Points.

Annual Fee:

• $0

3. Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card is perfect for families and those who spend heavily on groceries and streaming services.

Key Benefits:

• Sign-Up Bonus: Earn a $300 statement credit after spending $3,000 in purchases within the first 6 months.
• Earning Rates: 6% cash back at U.S. supermarkets (on up to $6,000 per year, then 1%), 6% on select U.S. streaming subscriptions, 3% on transit (including taxis, rideshares, parking, tolls, trains, buses, and more), 3% on U.S. gas stations, and 1% on other purchases.
• Grocery Rewards: One of the highest cash back rates for supermarket spending.

Annual Fee:

• $95 (waived for the first year)

4. Discover it® Cash Back

The Discover it® Cash Back card offers rotating categories with high cash back rates and a unique first-year bonus.

Key Benefits:

• Sign-Up Bonus: Discover will match all the cash back you’ve earned at the end of your first year, automatically.
• Earning Rates: 5% cash back on rotating quarterly categories like grocery stores, restaurants, gas stations, and Amazon.com (on up to $1,500 in purchases per quarter, then 1%); 1% on all other purchases.
• Flexible Redemption: Redeem your cash back for statement credits, direct deposits, gift cards, or Amazon.com purchases.

Annual Fee:

• $0

5. Wells Fargo Active Cash® Card

The Wells Fargo Active Cash® Card is an excellent choice for those who prefer a straightforward, no-fuss cash back card.

Key Benefits:

• Sign-Up Bonus: Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months.
• Earning Rates: Earn unlimited 2% cash back on all purchases.
• Intro APR: 0% introductory APR for 15 months on purchases and qualifying balance transfers, then a variable APR.

Annual Fee:

• $0

Final Thoughts

Choosing the best cash back credit card for 2024 depends on your spending habits and financial goals. Whether you’re looking for high rewards in specific categories, a great sign-up bonus, or a simple flat-rate cash back, there’s a card out there to fit your needs. Consider the annual fees, earning rates, and redemption options to find the card that will help you maximize your cash back rewards. Happy spending, and may your cash back be plentiful!