Best Cashback Credit Cards of 2020

Last updated Feb 3, 2020 | By Team FBZ

FinanceBuzz is reader-supported. We may receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Cashback credit cards are the easiest way to earn rewards for all your purchases. Whether you're buying groceries, gas, or enjoying a meal out, using a cashback card means money back in your wallet. 

There are dozens of cashback cards to choice from. The key is picking one (or two, or three) that align with your spending habits and goals, then using your cards responsibly. We've narrowed down the choices for you — All of these cards offer competitive cash back, many with no annual fee and welcome bonuses. 

Special Offer

Earn a $150 cash back bonus after spending $500 in the first 3 months

Why We Like It

The Capital One Quicksilver Cash Rewards Credit Card is a smart, no-frills rewards card with no annual fee for everyone who wants to earn cashback rewards. 

Cardholders enjoy 0% APR for the first 15 months on purchases and balance transfers. Plus, earn 1.5% unlimited cashback rewards that never expire on every purchase, every day. 

Credit Needed: Good - Excellent

Special Offer

Earn a $150 cash back bonus after spending $500 in the first 3 months

Why We Like It

The Chase Freedom Unlimited is a top cash back credit card offering generous cash back rewards on every purchase with no annual fee. 

The simple rewards structure - unlimited 1.5% cash back on all purchases - is great for anyone looking to earn cash back without a fuss. Plus, cardholders can take advantage of 0% intro APR for 15 months on purchases and balance transfers.


Credit Needed: Good - Excellent

Citi Double Cash Card

Special Offer

Earn cash back twice: 1% when you buy + 1% when you pay

Why We Like It

The Citi Double Cash Card lets you earn cash back twice. Earn 2% cash back on all purchases: 1% when you buy plus 1% when you pay. To earn cash back, just be sure to pay at least the minimum due on time.

In addition to unlimited cash back on all your purchases with no confusing categories, this card also offers a 0% introductory APR on balance transfers for 18 months and no annual fee.


Credit Needed: Good - Excellent

Special Offer

$150 cash back bonus after spending $500 in the first 3 months

Why We Like It

The Chase Freedom offers a generous sign-up bonus and some of the highest cash back rates available today — all with no annual fee. Cardholders can earn 5% back in rotating bonus categories each quarter you activate and 1% back on everything else. 

It also offers a 0% introductory APR for 15 months, making it a great option for balance transfers.

Credit Needed: Good - Excellent

Special Offer

Earn a $250 statement credit after spending $1,000 on purchases in the first 3 months

Why We Like It

The Blue Cash Preferred Card from American Express is a highly rated cash back rewards card, especially for those who tend to spend more at supermarkets.

Cardholders will benefit from a 0% introductory APR for 12 months on purchases and balance transfers.

Earn up to 6% cash back at U.S. supermarkets and U.S. streaming services (up to $6,000 per year, then 1% after that), 3% cash back at U.S. gas stations and on eligible ground transportation such as bus, train, ferry, and more, and 1% cash back on all other purchases. Terms apply.

Credit Needed: Good - Excellent

Special Offer

Earn a $150 one-time cash bonus after spending $500 in the first 3 months

Why We Like It

The Capital One Savor Cash Rewards Credit Card offers cardholders who spend regularly on dining and entertainment a way to earn generous cash back.

With no rotating bonus categories to keep track of and rewards that never expire, you'll enjoy the simplicity of using this cash back card with no annual fee. 

Earn 3% unlimited cash back on dining and entertainment, 2% at grocery stores, and 1% cash back on all other purchases.

Credit Needed: Good - Excellent

Wells Fargo Cash Wise Visa Card

Special Offer

$150 cash reward after spending $500 in the first 3 months

Why We Like It

The Wells Fargo CashWise Visa Card is a great choice for individuals who use mobile wallets and enjoy earning cash back.

In the first 12 months, cardholders can earn 1.8% cash rewards on purchases made with a qualified mobile wallet. Another perk is the 0% Introductory APR for 15 months on all purchases made during the introductory period and balance transfers requested within 120 days of account opening.

Earn 1.5% cash rewards on everyday purchases that never expire, and for the first 12 months, earn 1.8% cash back on purchases made with a qualifying mobile wallet connect to your new card.

Credit Needed: Good - Excellent