• Cashback alone should not be the reason you apply for a credit card.  However, if you are going to use credit cards, you might as well look into one that pays you for using it. 
• The Capital One Quicksilver Card gives you 1.5% Cash Back on every purchase, every day plus you earn a one-time $150 signup bonus.
• The Citi Double Cash Card gives you a whopping 2% cashback on your chases. 1% on purchases and an additional 1% as you pay for those purchases.
• You don’t have to worry about category changes every quarter with the Chase Freedom Unlimited.  You get unlimited 1.5% Cash Back on every purchase, every day plus you earn a one-time $150 signup bonus.
• Discover It Cash  Back has a generous cashback which can be as high as 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, and more, up to the quarterly maximum, each time you activate.

Cashback alone should not be the reason you apply for a credit card.  However, if you are going to use credit cards, you might as well look into one that pays you for using it.  Cashback is purely an incentive provided by credit card companies to get you to apply for their card. For example, Capital One Quicksilver Card offers unlimited 1.5% cashback on every purchase. So, if your discretionary expenses total $3,000 per month, you will get $45 ($3,000×0.015) back from Capital One for using the card to pay for your monthly expenses.  That’s roughly $540 ($45*12) per year. Cashback works best for those who pay their full balance off each month.  Otherwise, interest expense defeats the purpose of pursuing cashback. Below is our list of the best cashback credit cards:

CAPITAL ONE QUICKSILVER CARD

FMC Notes. As mentioned above, with this card, you don’t worry about category changes every quarter. You get unlimited 1.5% Cash Back on every purchase, every day plus you earn a one-time $150 signup bonus. The card also comes with a 0% introductory APR for the first 15 months that your account is open.  Capital is one of the best cashback credits for everyday purchase. 

Annual Fee.  No Annual Fee

Pricing.  0% introductory APR for the first 15 months that your account is open.  After that, your APR will be 15.24%, 21.24% or 25.24%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate.

Credit.  You need “Good, fair” credit to get approved-https://www.capitalone.com/credit-cards/quicksilver/

CITI® DOUBLE CASH CARD

FMC Notes. The Citi Double Cash Card gives you a whopping 2% cashback on your chases. 1% on purchases and an additional 1% as you pay for those purchases. The card also comes with 0% intro APR on balance transfer for 18 months.

Annual Fee.  No Annual Fee

Pricing.  Balance transfer offer: 0% intro APR on balance transfer for 18 months; after that the variable APR will be 15.74% – 25.74% based on your creditworthiness.

Credit.  You need “Excellent, Good” credit to get approved- https://www.citi.com/credit-cards/credit-card-details/citi.action?ID=citi-double-cash-credit-card.  

CHASE FREEDOM UNLIMITED®

FMC Notes.  You don’t have to worry about category changes every quarter with the Chase Freedom Unlimited.  You get unlimited 1.5% Cash Back on every purchase, every day plus you earn a one-time $150 signup bonus. The card also comes with a 0% introductory APR for the first 15 months that your account is open.  Like the Capital One Quicksilver, this chase credit card is one of the best cashback credit cards 2019.

Annual Fee.  No Annual Fee

Pricing.  0% Intro APR for the first 15 months that your Account is open. After that, 17.24% to 25.99%, based on your creditworthiness. This APRs will vary with the market based on the Prime Rate.

Credit.  You need “Excellent, Good” credit to get approved https://creditcards.chase.com/?jp_aid_a=66841913&jp_aid_p=homepage_carousel/slide3.

DISCOVER IT® CASHBACK

FMC’s Note.  Discover It Cash  Back has a generous cashback which can be as high as 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, and more, up to the quarterly maximum, each time you activate.  Plus you earn unlimited 1% cashback on all other purchases. Because of the high cashback percentage in certain categories, the Discoer It Cashback is one of the best cashback credit cards. 

Annual Fee.  No Annual Fee

Transparency.  After the intro APR expires, your APR will be 14.24% to 25.24%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. 3% of the amount of each transfer

Credit.  You need “Good” credit to get approved- https://www.discover.com/credit-cards/cash-back/it-card.html.