In this article, we will discuss the top cashback credit cards of 2022, including the Capital One Savor(r) Cash Rewards Credit Card, the Discover it Secured Credit Card, the Citi Custom Cash(sm) Card, and the Blue Money Preferred(r) Card from American Express. You’ll also find out what features each of these cards have, as well as the benefits of each one. Hopefully, this information will help you find the best card for you!
Capital One Savor(r) Cash Rewards Credit Card
If you are considering signing up for a Capital One credit card, you may want to consider the Savor cash rewards credit card. This card offers tremendous earning potential and price protection. In addition to its low annual fee, this card offers additional benefits like an unlimited 3% cash back at grocery stores. You also can double your warranty on your car with the MasterRental(r) Insurance. And if you’re not a car enthusiast, this card will cover your rental car, allowing you to avoid paying for insurance.
The Capital One Savor Cash Rewards Credit Card is designed for consumers with good credit. It offers unlimited 4 percent cash back on dining, 2% on groceries, and 1% on other purchases. And because it’s a Mastercard, you can use it anywhere a credit card is accepted. That’s great news for you! But what about the sign-up bonus? Well, you can find it here.
Another great feature of this card is its flexibility. While it’s true that the rewards program can be flexible, it’s not without its limitations. Capital One does not categorize its rewards into categories, but it does have a statement credit system that lets you decide what to redeem your rewards for. The annual fee is $95 for the first year, and after that, you can make up the cost in rewards quickly.
The card comes with an introductory bonus of $300 when you make a $500 purchase within three months of opening your account. The bonus is worth the price of the annual fee and allows you to finance expensive purchases interest-free for 15 months. And you can also transfer balances to this card with no annual fee, which is unusual for a rewards credit card. But the biggest benefit of this card is its rewards program, which offers many perks.
Discover it(r) Secured Credit Card
The Discover it(r) Secured Credit Card may not be the best cashback credit card, but it does have some advantages that make it stand out from the competition. Among the most important features of this card are the rewards it offers and the ability to convert the account to an unsecured one in the future. However, it’s important to keep in mind that if you have poor credit, this card may not be the right choice.
The Discover it Cashback card comes with an impressive cashback rate on purchases within rotating quarterly categories. The only downside is that you must activate the cashback feature each quarter. But if you’re responsible enough to follow this card’s rules, it could be the best cashback credit card 2022. In addition, this card’s spending limit is generous. If you’re a responsible student, the Discover it(r) Secured Credit Card may be the best choice. The cashback rate on purchases is higher than other cards, and it doesn’t have a foreign transaction fee.
The Discover it(r) Secured Credit Card also offers an attractive 0% introductory APR for balance transfers. You’ll also earn substantial rewards every time you make a purchase with this card. It also has no redemption minimums, so you can cash in your rewards at any time. In the end, this card is the best cashback credit card 2022. It is one of the best choices for both new and experienced users.
The Discover it(r) Secured Credit Card offers no annual fee and 5% cashback on rotating categories. The card has no annual fee and accepts all types of purchases. It is also free to use and offers no annual fee. The Discover it(r) Cash Back Credit Card is best cashback credit card 2022
Citi Custom Cash(sm) Card
If you are looking for a high-yield cashback credit card, the Citi Custom Cash(sm) Card is a top choice. It offers no annual fee and a generous rewards program. You can also earn up to 5% cash back on eligible purchases. The card also has no foreign transaction fees and no annual fee. However, it does have some drawbacks, which we will outline below.
The Citi Custom Cash(sm) Card offers flexible earning options, including a 5% cash back on eligible purchases, unlimited 1% on all other purchases, and a 2% cash back bonus on eligible purchases. Other than cash back, you’ll also earn ThankYou(r) Points for purchases. As long as you make a minimum payment each billing cycle, you’ll get 1% back on everything else.
This credit card offers a $200 welcome bonus and an introductory APR on purchases and balance transfers. While similar cards require you to activate a bonus category each quarter, the Custom Cash(sm) Card offers automatic rewards that are proportionate to your spending. The card is a good choice for those who like outsized rewards, but it may not be ideal for someone who wants to maximize their reward earnings.
The Chase Freedom FlexSM Credit Card is another excellent cashback option that has no annual fee. In addition to earning 5% cash back on up to $1,500 in combined purchases, the Freedom Flex also offers rotating quarterly categories. In the first quarter of 2022, you’ll get 5% cash back on dining and grocery purchases. Chase Freedom FlexSM Card offers 1% cash back on everything else.
Blue Cash Preferred(r) Card from American Express
This credit card from American Express can offer the highest cash back rates for everyday purchases, including groceries and gas. It offers better rewards than many other cards and has many benefits for busy professionals, commuters and home cooks. Here are some of the most valuable cash back benefits on this card. Listed below are some of the best cashback credit cards for 2022.
The Blue Cash Preferred(r) Card from the American Express company offers a 6% cash back rate at grocery stores and gas stations in the United States. After that, you can earn up to 1% cash back. Its annual fee is $95 – over three times the cash back rate it offers. However, you will earn $360 cash back on a $6,000 grocery bill with the Blue Cash Preferred(r) Card.
The Blue Cash Preferred(r) Card from the American Express is an excellent option for those looking for rewards. This card earns up to 6% cash back on purchases, and you can even get a $350 statement credit after spending $3,000 in six months. Currently, the Blue Cash Preferred(r) Card offers a 0% introductory APR on purchases for 12 months. However, if you do not plan to use the money for a vacation, this card may be a good option for you.
The Blue Cash Preferred Card from American Express offers more than 6% cash back on several categories. This card also offers a generous welcome bonus. You can enjoy unlimited cash back on your purchases in the grocery and gas stations, as well as on select streaming subscriptions. All these benefits make it a great choice for those who want to maximize their rewards on everyday purchases.
Ink Business Unlimited
Chase Ink Business Unlimited offers an easy rewards program and no annual fee. You earn 1.5% cash back on all purchases, and there are no category caps or other restrictions. You can redeem your cash back in different ways, depending on the purchases you make. You can earn additional 5% cash back if you use Lyft. Compared to most other business cards, Ink Business Unlimited has no annual fee and only a 3% foreign transaction fee.
If you spend $2,500 or more in the first three months, you can earn a bonus of $750. This is one of the highest business rewards cards available. However, you must spend at least $2,500 per month for 3 months to qualify for the bonus. Otherwise, the card is not worth the hassle. If you’re in the market for a business credit card, this is the one to get.
The Chase Ink Business Unlimited Credit Card is an excellent option for small business owners. It offers no annual fee, a high sign-up bonus, and unlimited flat-rate rewards. The card also has travel assistance services and extended warranty protection. As a business owner, you’ll appreciate its low annual fee. You can even add employees with this card at no additional cost. You can use it to pay for business expenses, but make sure to check the annual fee.
If you want to earn 1.5% cash back on every purchase, the Chase Ink Business Unlimited Card is worth considering. It offers special financing and a $750 cash back bonus after you spend $7500 on purchases within the first three months. The card comes with no annual fee, but it does have a foreign transaction fee of 3%. So if you plan on traveling outside the U.S., this may not be the best choice.