If you’re on the hunt for the best cash back credit card, you’ve come to the right place. Here you’ll find a guide to the most popular cash back credit cards. This includes the Discover it Cash Back, Capital One QuicksilverOne Cash Rewards Credit Card, and the Discover it SavorOne. All three are excellent choices for anyone who loves to earn points for their everyday purchases. In addition to cash back, the following cards offer rewards on gas and restaurant purchases, so you’ll never have to worry about missing out on a deal.
Discover it Cash Back
With Discover it Cash Back credit cards, you can earn double cash back on your everyday purchases. This is a great credit card for those with good credit, but you should keep in mind that you must make all balance payments each month in order to enjoy the perks. If you have bad credit, it might be best to choose a different card. However, there are still plenty of options for people with less-than-perfect credit, including Discover XL.
You should keep in mind that the Discover it Cash Back credit card doesn’t charge late payment penalties on the first late payment. After that, you’ll have to pay the penalty, plus an additional $41 for every returned payment. You also need a good credit score to qualify, so make sure you have a FICO score of 670 or a VantageScore of 700. Then, you can begin to apply for a card and start earning cash back.
Capital One QuicksilverOne Cash Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards credit card offers 1.5% cash back on all purchases, and it is an excellent choice for consumers with average credit. With this credit card, you will earn cash back for every purchase you make, and you can redeem it in a number of ways. You can redeem your rewards for gift cards, statement credits, or cash. The rewards do not expire, and you can earn them for as long as you keep your card open.
The Capital One QuicksilverOne Cash Rewards credit card is a good option for people with fair credit. This card is one of the few rewards cards available for people with average credit, and it has no annual fee. You can use your cash rewards to build your credit, and your credit limit will increase over time if you maintain a good payment history. You can even upgrade to a higher credit line by using your rewards to make purchases.
Capital One SavorOne Cash Rewards Credit Card
The Capital One SavorOne Cash Rewards Credit Card is an excellent option for foodies and people who like to spend money on dining out and entertainment. The rewards are unlimited and do not expire once you’ve made your first purchase. You can even set up automatic redemptions. You can redeem your rewards for gift cards or merchandise through PayPal or Amazon. You can get up to $200 back with this credit card. There are no annual fees and you can use the card for all of your purchases, whether you buy groceries or go to the movies.
The Capital One SavorOne Cash Rewards Credit Card does have some downsides. There is no foreign transaction fee, so you can spend your points anywhere in the world. It does have a $10 cash advance fee, which is 3% of the amount you spend. If you are concerned about paying late fees, there is also a $40 fee. The benefits of this credit card are great, but it is not for everyone. Read on to learn about its disadvantages and benefits.