22 Best Cashback Credit Cards in 2024 (6% Back on Groceries)

• Blue Cash Preferred® Card from American Express—Highest cash back credit card

• Citi® Double Cash Card—Best credit card with unlimited cash back

• Capital One Venture X Rewards Credit Card—Best cash back travel credit card

• Capital One® SavorOne® Cash Rewards Credit Card—Best cash back credit card for restaurants

• Blue Cash Preferred® Card from American Express—Best cash back credit cards for groceries

• Capital One SavorOne Student Cash Rewards Credit Card—best student cash back credit card

• American Express® Blue Business Cash Card—Best cash back business credit card

• Chase Freedom Unlimited®—Best cash back card with no annual fee

• Capital One® Quicksilver® Credit Card—Best flat rate cash back credit card

• Citi Premier® Card—Best cash back credit card for gas

If you’re interested in reviewing all the top credit cards, check out our recent post: 10+ Best Credit Cards.

Why we like it

The price of groceries skyrocketed when Covid hit—and we’re all still waiting for them to return to earth.

With my family’s $250+ grocery bill each week, we are seriously considering the Blue Cash Preferred® Card from American Express. It has an annual fee—but also an unbelievable 6% cashback reward rate for groceries.

They cap this reward at $6,000 in supermarket spending, but it’s still worth $360—which ismore than enough to cover the annual fee. (Terms apply. See rates & fees.)

Other rewards include:

• 6% cash back on select streaming subscriptions.

• 3% cash back at US gas stations and on transit.

• 1% cash back on other purchases.

What credit card gives the most cash back? For my family and me—this is the one.

The Citi® Double Cash Card was one of the first to offer a 2% cash back reward—1% when you charge a purchase, and the other 1% when you pay the bill. This card is still among the leaders in the cash back space. Rewards accumulate as ThankYou® Points, which you can redeem for:

• Statement credits

• Direct deposit

• Check

• Gift cards

• Shop with Points at Amazon

• Travel

• and more

What’s the best travel credit card with a high rate of cash back travel points? We believe it’s the Capital One Venture X Rewards Card. Sure, it has an annual fee of $395—but when you look through the benefits, you’ll quickly see why it’s well worth the yearly cost (if you travel, that is).

The initial bonus offer is worth a minimum of $750—but even without it, the 10,000 annual bonus points (and the $300 travel credit) will more than pay the annual fee. All you need to do is travel a couple of times a year.

This card also has impressive rewards on your purchases:

• 10 miles per dollar on hotels and rental cars booked through Capital One Travel.

• 5 miles per dollar on flights booked through Capital One Travel.

• 2 miles per dollar on all other purchases.

If you’re looking for a quick $200 cash bonus, and an ongoing reward of 3% on dining, entertainment, popular streaming services, and grocery stores—then the Capital One SavorOne Cash Rewards Credit Card is for you.

Spend just $1,000 in the first three months and earn that $200 introductory cash bonus. (That’s one of the lowest spending requirements of all the best money-back credit cards.) If you’re not earning 3% on the specific categories noted above, you’ll still make a minimum of 1% cash back.

Why we like it

The best cash back card is the Blue Cash Preferred® Card from American Express—the main reason is the 6% cash back reward rate for groceries.

No other competing credit card has gotten close to this reward. Sure, it’s capped at $6,000 in spend—but that’s still worth $360.

Other rewards include:

• 6% cash back on select US streaming subscriptions.

• 3% cash back at US gas stations and on transit.

• 1% cash back on other purchases.

(Terms apply.)

My first cash back credit card sucked (I won’t tell you which one it was, but let me assure you it’s nowhere on this top list of cash back credit cards). It only offered points on categories where I never spent money. The Capital One SavorOne Student Cash Rewards credit card took the opposite approach.

• Earn 10% cash back made through Uber and Uber Eats.

• Earn 3% cash back on dining, entertainment, streaming services, and at grocery stores.

• And 1% cash back on everything else.

Want an early spend bonus too? Earn $50 Cash Back when you spend $100 in the first three months.

Why we like it

Have a business? Want 2% back on your purchases? Here you go!

The American Express Blue Business Cash Card has no annual fee—and you get a flat 2% cash back on all purchases up to $50,000 in yearly spending (1% afterward).

Unsure of how to get a business credit card?

Check out our recent post: How to Get a Business Credit Card: 4 Steps for Small Businesses to Take.

Read more:

• How to Establish Business Credit—and Then Build It Fast

Why we like it

Chase has many appealing credit cards as of late—and Chase Freedom Unlimited® card is the most impressive. There’s no annual fee, and you could earn an extra $300 with the additional 1.5% cash back in the first year (up to $20,000 of spend) on top of the already stunning rewards offering.

You need an excellent credit score to apply, but this is an excellent flat rate cash back credit card at 1.5%. And if traveling is your thing, this is a very good card to have in your pocket. With travel accident insurance and 24-hour travel assistance, you can jet off with peace of mind. Add to that the complimentary concierge service for personalized help wherever you are, and this is a great second credit card after you’ve built up your score.

Earn three points per $1 at gas stations, restaurants, supermarkets, air travel, and hotels with the Citi Premier® credit card. Earn one point per $1 on all other purchases.

Read more:

• What’s the minimum age for a credit card? (Is It 18?)

• 22 of the Best Credit Cards for 18 Year Olds

Some of the best cash back cards are flat-rate cards, which offer one simple flat cash back percentage. Currently, the top flat-rate credit cards offer a 2% rebate. They include:

• Wells Fargo Active Cash® Card

• American Express® Blue Business Cash Card

• Synchrony Premier World Mastercard®

Tiered cash back credit cards offer different rewards based on the spending category. They might offer a high percentage cash back on travel, a medium cashback rate on dining—and then a flat low reward on everything else. The Capital One Venture X Rewards Credit Card is a good example of a tiered cash back card.

It offers:

• 10 miles per dollar on hotels and rental cars booked through Capital One Travel.

• 5 miles per dollar on flights booked through Capital One Travel.

• 2 miles per dollar on all other purchases.

Other cards have rotating categories for their rewards. One quarter, the card may offer 3% on restaurants. That 3% reward may move to gas purchases in the next quarter. In other words, the high-earning reward category changes from quarter to quarter or month to month. This is my least favorite type of credit card.

Perhaps you can benefit for a couple of quarters because you spend heavily on specific categories—but rarely are these cards beneficial all year round. It’s challenging to track when one spending category is more advantageous than another. (And you’ll find yourself holding off on purchases just because it’s not the right quarter.) I’d rather you choose a credit card that’s best for you all the time—not just some of the time.

Let’s say you rarely travel out of state—and you don’t like to go out and spend money on entertainment. But you do often visit your sister that lives 150 miles away. The primary spend that you could earn cash back on is gas—find out which cards offer a gas reward. Here are some of the top ones:

• Capital One SavorOne Cash Rewards Credit Card—no annual fee, 3% back on gas purchases.

• Blue Cash Preferred® Card from American Express—$95 annual fee, 3% back on gas purchases.

• Citi Premier® Card—$95 annual fee, 3x points on gas.

You can immediately rule out the Blue Cash Preferred® card, since all the cash back rates are 3%—and this is the only one with an annual fee.

That leaves the Capital One® card and the Citi Premier® card. Which is best?

• The Capital One® SavorOne card offers a one-time $200 if you spend $500 in the first three months.

• With the Citi Premier Card: Earn 60,000 bonus ThankYou® Points

The offers are basically the same—but the Capital One® SavorOne card one-time bonus is easier to get, and there's no annual fee—so this would be the long-term winner (and soon to be your best credit card for cash back).