Cash back credit cards for big and small spenders
If you want the best cash back credit card designed for your spending, then look no further. Whether you’re a big spender that spends tens of thousands of dollars each year on your credit card or only even a few thousand each year, credit card issuers have answered with a cash back credit card that can help you maximize your reward each month. Check out the cards below to find the best cash back card that meets your spending needs.
For Big Spenders
If you spend tens of thousands of dollars each year on your cash back credit card, then apply for the Blue Cash from American Express card. This card offers a tiered cash back structure that allows cardholders to earn up to 5% cash back on their purchases. This tiered reward system lets you earn 1.5% cash back on purchases made at supermarkets, drugstores and gas stations. All other merchant purchases you make earn 0.5% cash back. The first rebate tier is based on the first $6,500 per year you charge.
After you reach the initial $6,500 total spending on the card in one year, cardholders earn 5% cash back at supermarkets, drugstores and gas stations. Purchases not made at these types of merchants earn a 1.5% cash back rebate. Purchases made in warehouse clubs and department stores are not considered “everyday” purchases and are therefore excluded from earning the top rebate percentages based on total spending. There is no annual fee with this cash back card and cardmembers can enjoy exclusive benefits and superior customer service that only American Express offers.
For Small Spenders
If you don’t spend a lot of money on your cash back credit card, but want the convenience of earning the most you can while having one of the most widely accepted credit card brands, then apply for the Chase Freedom Card. Earn a 3% cash back rebate on your top three spending categories each month. There are fifteen different categories that include: gas stations and convenience stores, grocery stores, department stores, drug stores, fast food and quick service restaurants, movie theaters, movie rentals, dry cleaners, health clubs and gym memberships, beauty salons and spas, pet supply stores and veterinarians, mass transit and local commuter expenses, telecommunications, utilities and cable/satellite TV and Internet providers.
All your other purchases not in your top three spending categories earn 1% cash back automatically. There is no need to ever worry about switching spending categories to maximize your reward, as Chase uses proprietary software to manage your categories for you to maximize your cash back reward each month. Redeem your cash rebates in $50 increments. Save $200 in rebate cash and redeem your rebate for a $250 check - that’s a $50 bonus! There no annual fee with the card and you switch your cash back rebate for points at anytime to redeem for travel, gift cards and more.
Whether you’re a big spender or a small spender, there is a cash back credit card out there for you. Cash back credit cards are easy to use and provide an extra savings or a nice cash back bonus. Apply now and start earning more cash today!
