Credit Cards with Cash Back Rewards
One of the most lucrative ways to earn cash back is through credit card rewards programs. Many cards offer cash back on purchases, with some providing higher percentages for specific categories.
Popular Cash Back Credit Cards
- Chase Freedom Unlimited: 1.5% cash back on all purchases
- Citi Double Cash Card: 2% total cash back (1% when you buy, 1% when you pay)
- American Express Blue Cash Preferred: 6% back at U.S. supermarkets (up to $6,000 per year), 3% at U.S. gas stations
For more information, visit Chase, Citi, and NerdWallet's guide to cash back credit cards.
Online Shopping Portals
Shopping portals provide an extra layer of cash back on purchases you're already making.
Top Portal Options
- Rakuten - Formerly Ebates, offers up to 40% cash back at over 2,500 stores
- TopCashback - Often has highest rates, up to 50% at over 3,500 stores
- BeFrugal - Offers up to 40% cash back at over 5,000 stores
Cash Back Apps
Mobile apps have revolutionized the cash back landscape:
Must-Have Apps
- Ibotta: Offers cash back on groceries, clothing, and household items
- Fetch Rewards: Earn points by scanning receipts
- GetUpside: Cash back on gas purchases
- Drop: Rewards on purchases at retailers like Starbucks and Uber
Visit Ibotta and Fetch Rewards to learn more.
Store Loyalty Programs
Many retailers offer free loyalty programs with valuable rewards:
"Loyalty programs are a win-win. Retailers get valuable customer data while shoppers earn rewards on necessary purchases." - Retail Industry Expert
Notable Programs
- Target Circle: 1% back on all purchases
- CVS ExtraCare: 2% back in ExtraBucks
- Kohl's Yes2You Rewards: Points for every dollar spent
- Walgreens myWalgreens: 1-5% back depending on tier
Visit Target Circle and Kohl's Rewards for more information.
Maximizing Your Earnings
Best Practices
- Stack multiple rewards programs whenever possible
- Compare rates across platforms
- Keep track of special promotions
- Pay attention to payment deadlines
- Read terms and conditions carefully
Payment Considerations
| Payment Type | Pros | Cons |
|---|---|---|
| Credit Cards | Higher rewards, purchase protection | Interest if not paid in full |
| Debit Cards | No debt risk | Lower rewards |
| PayPal | Extra protection | Some portals exclude PayPal |
Special Timing
Many programs offer increased cash back during:
- Holiday shopping seasons
- End-of-quarter promotions
- Special shopping events (Prime Day, Black Friday)
Remember to always spend within your means and avoid carrying balances just to earn rewards. The most effective cash back strategy combines multiple methods while maintaining responsible spending habits.