Best cash back credit card offers

11

cash back credit card offers
This blog is usually all about points and miles.  The game we play involves acquiring points & miles, usually without traveling, in order to travel nearly for free.  Current events, though, has led some of us to turn towards cash-earning options: new credit card bonuses, new bank account bonuses, cash rewards from spend, cash back shopping portals, etc.  This post is designed to dive into the first in the list: credit card bonuses.

The cards shown below are sorted by our formula for estimated first year value.  With cash back cards you’d think that a formula isn’t necessary.  Can’t you simply take the welcome bonus and subtract out the first year annual fee?  Nope.  We also have to account for the cost of spend.  Some cards have much higher minimum spend requirements which we need to account for.  For example, I’d argue that a $300 welcome offer that requires $500 spend is much better than a $300 offer that requires $3,000 spend.

For help with meeting spend requirements, please see: 7 ways to increase credit card spend from home.

Top 10 Cash Back Credit Card Offers

Top 10 offers are shown. Press “Next” to see more.

Card Offer
$1200 Cash Back
Earn a one-time $1200 bonus when you spend $30,000 in the first 3 months of account opening. (Rates & Fees)
$150 Annual Fee
Recent better offer: Expired 3/14/22: $3K after $50K spend in 6 months
$1,000 Cash Back
$1K after $10K Spend in 3 Months
$195 Annual Fee
60K points
60K after $4K spend in 90 days
$95 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
75K points
75K after $5K spend in 90 days
$550 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$500 Cash Back
Earn a $500 bonus when you spend $4,500 in the first 3 months of account opening.
No Annual Fee
Recent better offer: Expired 9/19/23: $750 after $32k spend in 3 months
$500 Cash Back
$500 cash back after $4500 spend on the account owner's card in first 150 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$500 Cash Back
$500 after $5K spend in 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$250 cash back
$250 after $2K spend in 120 days
$0 introductory annual fee for the first year, then $95
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
5% Cashback
5% cashback for 6 months or $6K in spend
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Up to $350 back
Up to $350 back: $200 back after $2K in the first 6 months + 10% back at restaurants for the first 6 months up to $150 back. Terms apply. (Rates & Fees)
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 Cash Back
$300 statement credit after $3000 spend in first 3 months
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 Cash Back
$300 statement credit after $1000 in purchases within first 3 months
$49 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 Cash Back
Earn a one time bonus: $300 after $3K spend in 3 months from account opening
$0 introductory annual fee for the first year, then $95
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 Cash Back
$300 statement credit after $4000 spend in first 90 days
$0 introductory annual fee for the first year, then $95
Note that the card is only currently available with an M1 Plus membership (membership is free the first year, then $125 per year). The credit card's $95 annual fee is waived with an M1 Plus membership. Note also that the fine print says that the bonus will be paid out within 120 days of the end of the intro offer period. This means the welcome offer could be paid out as late as July 29, 2022.
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 Cash Back
$300 after $3000 spend in 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Cash Back
One time bonus: $200 after $500 spend in 3 months from account opening. (Rates & Fees)
No Annual Fee
$200 Cash Back
One time bonus: $200 after $500 spend in 3 months from account opening. (Rates & Fees)
No Annual Fee
$200 Cash Back
$200 in rewards (20K points) after $1K in purchases in first 3 billing cycles.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Cash Back
$200 in rewards (20K points) after $1K in purchases in first 3 billing cycles.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$250 back
$250 cash back as reward dollars that can be redeemed as a statement credit after $3K spend in the first 6 months. Terms Apply. (Rates & Fees)
$0 introductory annual fee for the first year, then $95
$200 Cash Back as a statement credit
$200 statement credit after $1K in purchases in first 3 months
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Cash Back
$200 after $1000 spend in 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Cash Back
$200 after $1000 spend in 120 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Cash Back
$200 after $1000 spend in 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
5K Points + $150 statment credit
5K Points + $150 statment credit after $1K spend in 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 Amazon Gift Card and 6% back on Prime Day
$200 Amazon gift card and 6% back on Amazon and Whole Foods purchases on Prime Day. Terms apply.
No Annual Fee
$200 Cash Back as a statement credit
$200 back as a statement credit after $1K in purchases in first 6 months. Terms apply.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$150 back
$150 bonus when you spend $500 within 3 months.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$300 back
$300 cash back as a statement credit after $3K in the first 6 months. Terms Apply. (Rates & Fees)
$95 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$200 cash back
$200 cash back after $3K spend in first 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$150 Statement Credit
$150 statement credit after $1000 in first 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$150 Cash Back
$150 in rewards (15K points) after $1000 in purchases in first 120 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$60 Amazon Gift Card and 3% back for 90 days
$60 Amazon gift card and 3% back on up to $1,500 in purchases for three months after account opening. Terms apply.
No Annual Fee
$125 Amazon Gift Card
Eligible Prime members get a $125 Amazon Gift Card upon approval. Terms apply. (Rates & Fees)
No Annual Fee
$100 + First Year Double
Get $100 after first purchase. All "miles" earned in first 12 months will be doubled. This makes this a 3% cash back card for the first year.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$100 Cash Back
$100 statement credit after $500 spend in first 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$100 Cash back
$100 cash back after $500 spend in the first 90 days
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Recent better offer: Expired 10/31/22: $150 after $500 in spend
5,000 points
5K after $500 in first 3 months
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
5,000 points
5K after $500 in first 3 months
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
No Welcome Bonus

No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
No Welcome Bonus

No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
None
This card no longer features a first-year bonus.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
None
There is currently no welcome bonus offered.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
None
There is currently no welcome bonus offered.
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
No Welcome Bonus

No Annual Fee
Requires Costco membership. Cash back provided annually with February billing statement as rewards coupon redeemable for cash or merchandise at Costco
No Welcome Bonus

No Annual Fee
Requires Costco membership. Cash back provided annually with February billing statement as rewards coupon redeemable for cash or merchandise at Costco
None
None
No Annual Fee
After $10K in purchases in the elevated categories each anniversary year, you only earn 1% back (or 2% through the end of 2021). Note that you can only apply in the Venmo app.
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
None
0% Intro APR for 18 months from account opening on purchases and balance transfers, then a variable APR of 20.24% - 28.999%.
No Annual Fee
This card is subject to Chase's 5/24 rule (click here for details). Even though this card is marketed as a cash back card, it actually earns Ultimate Rewards points which are redeemable for 1 cent each, or can be combined with other Ultimate Rewards-earning cards to get even more value. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.
3% back for 12 months
3% cash back for 12 months on up to $20K in purchases
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
0% APR for 12 months
0% introductory APR on purchases for 12 months from the date of account opening. After that, your APR will be a variable rate, 18.49% - 26.49% depending on creditworthiness. (Rates & Fees)
No Annual Fee
None
This card is no longer available
No Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
$150 (call to apply)
$150 after $5,000 spend in 3 months
$150 Annual Fee
Bonus offer is not available to either current or previous UBS credit cardmembers. Note: UBS Business cards DO add to Chase's 5/24 Rule.
Up to $600
Earn a $200 statement credit after each $10,000 you spend on the card, up to $30,000, in the first 3 months of Card Membership. Terms Apply. (Rates & Fees)
$250 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Top 10 Redeemable for Cash Offers

Many cards earn points that are easily redeemed for cash where one point equals one cent.  This includes cards that earn Chase Ultimate Rewards, US Bank FlexPerks / Altitude points, Wells Fargo Go Far Rewards, and Citi ThankYou Rewards.  With Citi points, cashing out for 1 cent per point requires requesting a check to pay for a mortgage or student loan.  The Citi Prestige card is an exception since it allows a direct cash out at 1 cent per point.

The cards listed below offer points that are more valuable when used towards travel.  As a result, our estimated first year value (which uses enhanced travel value of points) is not a good measure for this post.

In order to understand how valuable each of the below offers is, convert the number of points to cash back, in your head by following this pattern (replace the “K” with a zero and add a dollar sign):

  • 25K points = $250
  • 50K points = $500
  • 60K points = $600
  • 80K points = $800
  • 100K points = $1,000

Since the first year value estimates use point values based on travel value, Please use the estimates shown below only as relative indicators of which offers are best for cash back.  However, if you think you are likely to use the points for travel, then the shown estimated values may be useful to you.

Top 10 offers are shown. Press “Next” to see more.

Card Offer
90K points
90K after $6K spend in 3 months
No Annual Fee
Recent better offer: 90K after $6K in 3 months [Expired 3-20-23]
100K points
100K after $8K spend in 3 months
$95 Annual Fee
Recent better offer: 80K after $5K spend. Many preferred the 80K offer due to the much lower spend requirement
60K points
60K after $4K spend in 3 months
$95 Annual Fee
A similar offer with the first year annual fee waived may be found in-branch. YMMV.
60K Points + 10X Select Travel
60K points after $4K spend in the first 3 months. Plus, earn 10x on hotel, car rentals, and attractions (excluding air travel) booked on the Citi Travel℠ portal through June 30, 2024.
$95 Annual Fee
70K Points
70K after $4K spend in 3 months
$550 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Recent better offer: Expired 12/1/22: 80K after $4K spend
50K points
50K after $4.5K spend in 90 days
$400 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
25K points
25K points after $1.5K spend in 3 months
No Annual Fee
30K points
30K after $2K spend in 4 months
$85 Annual Fee
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
20K points + 15 months 0% APR
Earn 20,000 points (worth $200 cash back) after spending $500 in the first 3 months + 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
No Annual Fee
This card is subject to Chase's 5/24 rule (click here for details). Even though this card is marketed as a cash back card, it actually earns Ultimate Rewards points which are redeemable for 1 cent each, or can be combined with other Ultimate Rewards-earning cards to get even more value. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Recent better offer: 20K points + 5x grocery stores for the first year on up to $12K in qualifying purchases
20K points + 15 months 0% APR
Earn 20,000 points (worth $200 cash back) after spending $500 in the first 3 months + 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.24% - 27.99%.
No Annual Fee
Be sure to select the card you want after clicking through. This card is subject to Chase's 5/24 rule (click here for details). Even though this card is marketed as a cash back card, it actually earns Ultimate Rewards points which are redeemable for 1 cent each, or can be combined with other Ultimate Rewards-earning cards to get even more value. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months.
Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.
Recent better offer: 20K points + 5x grocery stores for the first year on up to $12K in qualifying purchases
20K Points
20K points after $1500 spend in the first 6 months
No Annual Fee
Recent better offer: Expired 9/13/22 - 20,000 points after $750 spend in first 3 months
None
This card does not currently feature an introductory bonus.
No Annual Fee

Advertiser and Refer-A-Friend Disclosure

Many of the card offers that appear on this site are from companies from which Frequent Miler receives compensation. Please see our full advertiser disclosure here. And, some offers are friend referrals in which we will earn points or other rewards in exchange for successfully referring you through the link shown here.

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Offers for which we receive compensation are shown with credit card images.
Refer A Friend Example
Refer-a-friend offers are shown with this image
Non-Affiliate Link Example
With many of the best offers, we do not receive compensation. This is indicated by this “No Affiliate” card image

 

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[…] our Best Credit Card Offers page.  Or, if you’re only interested in cash back, check here: Best cash back credit card offers.  Note that we always publish the best public offers even if that means that we lose out on […]

rich

Any word on whether CC companies are more willing to waive AFs at this time? I may call some this Friday since I’m off that day. I certainly hope to be able to travel again this year but so infrequently that the rewards will be greatly diminished. And once things settle (next year?) I’d imagine there will be some very nice sign up bonuses to try and regain business.

Aloha808

What about the BoA Premium Rewards, WF signature/propel/propel world, Amex BC/BCP and Cash Magnet?

Aloha808

No worries. For the Amex cards, they do have referral/incognito elevated offers that can be higher than listed. For example, my father in law just got a cash magnet last month with a $225 SUB.

Nick Reyes

We always list the best publicly-available offer. When that’s a referral offer, we list a referral offer. Whatever the best offer is where you can simply go to our page and click through to apply is what we list on the page. We don’t list stuff where you have to use a specific browser or modify something in the address bar or anything like that as not everyone will be able to replicate it. We aim to keep the best publicly-available offer there where you’ll click through and see exactly what we’re listing. If you get targeted for something even better, that’s great.

Sophia

I am surprised you guys havent posted the limited $500 sign on bonus for the bank of america business cash card after spending $5000. Doctor of credit reported link: https://secure.bankofamerica.com/applynow/welcome.go

Nick Reyes

Updated. Thanks, Sophia!

Omer

It requires $5000 spending, not $3k