With so many types of reward programs being offered among credit cards, it can be hard to pick and choose which rewards you might prefer. There are, however, great cash back rewards offerings out there, some as high as 5%. But most of them are tricky and offer rotating categories in order to receive the 5% or higher rate.
For this particular post, we have provided you a list of the credit cards that will earn you 5% or more in cash back.
Let us know if we are missing any cards in the comments section. Keep in mind that you can earn at a higher rate by employing some basic manufactured spending strategies such as purchasing prepaid Visa, MasterCard or AmEx gift cards through cash back portal or special promotion.
|Credit Card||Rewards for 5%+ Cash Back||Requirement||Annual Fee||Review|
|Blue Cash Preferred® Card from American Express||6% cash back at US supermarkets||Up to $6,000 per year in purchases (then 1%)||$95||Review|
|Target REDcard||5% cash back (instant discount)||Purchases at Target or Target.com||$0||Review|
|U.S. Bank Cash+ Visa Signature Card||5% cash back on two categories you choose||First $2,000 in combined purchases each quarter. |
You have to choose these categories every quarter and it’s limited to the first $2,000 in purchases per quarter (maximum of $100 cash back)
|antage West Connect Rewards Visa Signature Card||5X Reward Points||capped at $1,500 in qualifying purchases per quarter.||$0||Review|
|Fort Knox Credit Union VISA® Platinum Card||5% cash back on all gas purchases||None||$0||Review|
|Discover It Cash Credit Card||Rotating 5% cash back categories||Required to sign up for these categories each quarter + limited to earning 5% back on the first $1,500 spend in participating categories each quarter (maximum of $75 cash back)||$0||Review|
|Chase Freedom® credit card||Rotating 5% cash back categories||Required to sign up for these categories every quarter and earn 5% on the first $1,500 of purchases per quarter in participating categories||$0||Review|
|Citi Dividend Card||Rotating 5% cash back categories||Limit of $6,000 per year (max of $300 in cash back per year)||$0||Review|
|Chase Ink Business CashSM credit card||5% cash back on office purchases||First $25,000 spent in combined purchases at office supply stores and on cellular phone, landline, internet and cable TV services each account anniversary year||$0||Review|
|Nusenda Credit Union Visa® Cash Platinum Rewards Credit Card||Rotating 5% cash back categories||None||$0||Review|
|Chase Ink Bold® business card||5X the points||$50,000 Spend Limit||$0 first year, then $95 thereafter.||Review|
|SimplyCash® Plus Business Credit Card||5% cash back on U.S based office supply stores and on wireless telephone services purchases||None||$0||Review|
|Sallie Mae Rewards Card||Up to 5% cash back on eligible book and travel purchases through Upromise.com||None||$0||Review|