Top 5 cash back credit cards of 2021

Top 5 cash back credit cards of 2021

When it comes to credit card rewards, there is nothing better than cashback. They are flexible, so you don’t have to accumulate points and then figure out ways to redeem them. Instead, you get real dollars that you can spend the way you want.

Here are the five best cashback credit cards of 2021:

Blue Cash Preferred® Card from American Express
This American Express card is indeed one of the best cashback credit cards of 2021. You get three percent cash back on gas stations, taxis, parking, trains, rideshare, buses, and tolls. A six percent cashback is available on (select) streaming subscriptions, and on every other purchase, one percent cashback is available. You will need an excellent credit score, anywhere between 670 and 850, to get access to this card. There is no fee for the first year, and from the second year onward, you pay $95.

Chase Freedom Unlimited®
The Chase Freedom Unlimited is indeed one of the best cashback credit cards of 2021, with an introductory bonus of $200 on purchase of $500 in the initial three months. If you make grocery purchases (excluding Walmart and Target) of about $12,000 in the first year, you can avail yourself of five percent cash back. In addition to that, there is a five percent cashback on Chase travel if you shop via Ultimate Rewards® and three percent cash back in pharmacies and dining. On every other purchase, you bag a good 1.5 percent cash back. The annual fee is zero, but the credit score requirement range is between 670 and 850.

Citi Custom Cash℠ Card
After getting this credit card, if you make a purchase of $750 in the first 90 days, you can earn a cashback of $200. The APR is variable between 13.99 and 23.99 percent, depending on your creditworthiness. For every billing cycle, for the first $500 spent, the card will fetch you five percent cash back on the purchases made in the top eligible spending category and one percent on the subsequent purchases. There is also an unlimited one percent cash back on purchases from other categories. The card has no annual fee, but the credit score requirement range is between 700 and 749.

Capital One® SavorOne® Cash Rewards Credit Card
This card has no annual fee and will fetch you three percent unlimited cash back on select streaming services, dining, entertainment, and at select grocery stores. There is an eight percent cashback on Vivid seats till January 2023 and one percent on all the other purchases. The credit score requirement range is between 670 and 850.

Discover it® Cash Back
This card will fetch you a five percent cashback on your quarterly rotating spending categories, all year round, and one percent on all purchases. It automatically matches all the earned cash back at the end of the first year. Zero annual fees are applicable, and there is a variable APR that ranges between 11.99% and 22.99%, depending on your credit score. The minimum credit score requirement is between 700 and 749.