Credit cards are all the rage when you think about cash back rewards. In 2020, the welcome bonuses were insane! In 2022, 6 of the most popular cashback credit card will be available. A combination of one or more of these cards could result in enough cash for you to travel completely free. Plus, you can get points that you can redeem to purchase gift cards.
Wells Fargo Active Cash (sm) card offers cash back of 2%
Of all the rewards programs offered, Wells Fargo's Active Cash(sm), offers 2% cashback on purchases. Spend a minimum amount of $1,000 and you will earn $200 in cash rewards. Redeem your cash rewards to receive gift cards or a statement credits on eligible Wells Fargo account accounts.
The sign-up bonus is a great incentive to use the card, and the card comes with no annual fee. The only downside is that you will need to spend $1,000 within three weeks of account opening in order to get the bonus. The card has many other drawbacks. Although it offers 2% cashback, it is still one of the very few cards that does so.
Although other rewards cards offer similar amounts, the Wells Fargo Active Money(sm) is a great choice for those who have rewards cards. Its unlimited 2% cash back can be used to complement other rewards cards. A promotional financing offer is available for this card. It's a great choice for consumers who have multiple credit cards.
Receive 5% Cash Back from Discover it Cashback
The Discover It Cash Back credit card is great for people who enjoy earning rewards without paying an annual fee. You will receive 5% cashback in quarterly bonus categories. In addition, you get one percent cash back for all other purchases. However, there are better options out there that give you more rewards on everyday purchases. Citi Double Cash Card gives you an unlimited 2 percent rebate on all purchases. It is also more beneficial to those who make their monthly payments.
The Discover it(r), Cash Back credit card is for those with good credit scores. It waives the first late payment fee. You also get no annual fees and no penalty interest rate with this credit cards. It is a great option for people who spend less than $2,000 annually.
Capital One SavorOne Rewards Credit Card
Capital One SavorOne Credit Card Cash Rewards is the card to choose if you're a serious foodie and have a huge grocery bill. The rewards are non-expire and you can earn cash back on dining out, entertainment and grocery shopping. This card is a great option for budget-minded foodies. You don't pay any foreign transaction fees or an annual fee for this card.
Capital One SavorOne Rewards Credit Card offers great cash-back rates without an annual fee. You also get perks at restaurants, grocery stores, as well as streaming services. You'll also have the added benefit of 0% introductory APR, which makes it a great choice for a low-income consumer.
To ensure your credit score is high enough before applying for the Capital One SavorOne cash rewards Credit Card, you will need to first check it. The Capital One website allows you to check your credit score online. You might not be able to get approved if your credit score is not perfect.