Best Cash Back Credit Cards for December 2023

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Wells Fargo Active Cash® Card

Cardholder ratings: not provided on the Wells Fargo Active Cash® Card page.

When Wells Fargo says this card gives you cash rewards on everything you purchase — it means it. Expect to get 2% cash rewards on every $1 spent with no spending cap. New cardholders even earn Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months..

Want to secure tickets to must-see live shows? What about impressing a date by snagging reservations at the top restaurants? On top of cellphone protection and advanced security features, this card comes with Visa Signature Concierge to help you with booking and travel. I wouldn’t recommend getting the card just for the concierge service, but it’s nice to have.

Cash rewards in a nutshell:

  • Unlimited 2% cash rewards on purchases

Some ways you can redeem your cash rewards:

  • Statement credits
  • Directly to any of your Wells Fargo accounts (this even includes checking and mortgage accounts)
  • Through a Wells Fargo ATM at $20 increments
  • Gift cards at $25 increments

Why we picked Wells Fargo Active Cash® Card:

There are no bonus spending categories so you won’t earn more if you spend at certain places. If you’re looking for flat rate cash rewards, this card is a great pick.


Discover it® Cash Back

Cardholder ratings: 4.7 from 33,435 reviews as of 8/2/2023

We can’t think of many cards with a cash back program like this one. Take advantage of quarterly spending categories that, once activated, give you 5% cash back (up to the quarterly maximum). Watch out though, as these categories change every quarter. For all other purchases, you’ll get 1% cash back which is pretty standard.

At the end of your first year, expect to get a nice perk with an unlimited Cashback Match for every dollar you spent — automatically! And if you’re tired of the same old credit card look, Discover has over 100 designs to choose from, including flowers, braille, pets, and more.

Cash back in a nutshell:

  • 5% cash back on quarterly spending categories
  • 1% cash back on all other purchases
  • Unlimited Cashback Match

With an unlimited Cashback Match, you can redeem the following ways:

  • Deposit in your bank account
  • Apply as statement credit
  • At checkout with Amazon or PayPal
  • Gift cards starting at $5
  • Charitable donations

Why we picked Discover it® Cash Back:

The mobile app is easier to use and much more modern looking than competitor apps. Keep track of your cash back bonus balance via Discover’s Spend Analyzer. Best of all, you can redeem your rewards right from your phone or tablet.


Capital One QuicksilverOne Cash Rewards Credit Card

Cardholder ratings: 4.6 from 10,162 reviews as of 8/3/2023

It normally takes good or excellent credit to get approved for a card with a high cash back rate. This Capital One card is a notable exception. It earns 1.5% back on purchases, which is close to what many of the top credit cards earn. And unlike those credit cards, you can potentially qualify for this one even if you have a limited credit history or some negative marks on your credit file.

The most notable downside is the $39 annual fee. (See rates and fees.) But if you spend more than $2,600 per year (about $217 per month), the cash back will outweigh the annual fee.

Cash back in a nutshell:

How to redeem your cash back:

  • Statement credit
  • Personal check
  • Gift cards

Why we picked Capital One QuicksilverOne Cash Rewards Credit Card:

It earns an unlimited 1.5% cash back without having strict approval requirements. It’s possible to qualify with a 580 credit score — many cards that earn similar rates require a credit score of 640 to 670.


Blue Cash Preferred® Card from American Express

Cardholder ratings: not provided on the Blue Cash Preferred® Card from American Express page.

Do you ever find yourself spending hundreds of dollars at the grocery store in hopes to satisfy your family’s hungry appetite? If so, this cash back card may be the right pick. Although the grocery benefits won’t extend to Amazon, Costco, or Walmart, you can still get an unbelievable 6% cash back on other U.S. supermarkets up to $6,000 per year. Terms apply, (see rates and fees).

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If you like to spend Friday nights (or every night, really) jumping from show to show on a variety of streaming services, this card will give you 6% back on many U.S. streaming subscriptions. If screen time isn’t your thing, then hop on your favorite ridesharing app to get 3% cash back on transit. Terms apply.

Cash back in a nutshell:

  • 6% on groceries up to yearly maximum
  • 6% cash back on select streaming
  • 3% cash back on transit (plane tickets not included)
  • 3% cash back on gas
  • 1% on other purchases
  • Terms apply

How to redeem your cash back:

  • Log into your American Express account and click “Use Reward Dollars.”
  • Although it won’t apply to the minimum payment due, these reward dollars can be used as a credit on your next statement, gift cards with a $25 minimum, or when shopping on the AmEx portal.

Why we picked Blue Cash Preferred® Card from American Express:

This is one of the highest cash back rates we’ve seen for groceries and streaming.


Chase Freedom Flex℠

Cardholder ratings: not provided on the Chase Freedom Flex℠ page.

This Chase card is loaded with bonus categories. Travel bookings made through the Chase Ultimate Rewards portal earn 5%, with restaurant and drugstore purchases earning 3%. To top it off, this card also has rotating quarterly bonus categories, and by activating those, you get 5% back.

It’d be nice if Chase did away with this card’s 3% foreign transaction fee, which limits its usefulness outside the United States. There’s little point in getting 1% to 5% back if you’re going to lose 3% to fees. But for your U.S. spending, the Chase Freedom Flex℠ gives you ample opportunity to earn more cash back.

Cash back in a nutshell:

  • 5% cash back on quarterly purchases in bonus categories you activate ($1,500 spending cap)
  • 5% cash back on travel that you book through Chase Ultimate Rewards
  • 3% cash back at restaurants, takeout and delivery included
  • 3% cash back at drugstores
  • 1% cash back on other purchases

How to redeem your cash back:

  • Statement credit
  • Deposit made to your bank account
  • Gift cards
  • Travel bookings through Chase Ultimate Rewards
  • Chase Dining

Why we picked Chase Freedom Flex℠:

It has rotating quarterly bonus categories and fixed bonus categories. Cash back cards normally give you one or the other, but not both.


Bank of America® Customized Cash Rewards credit card

Cardholder ratings: not provided on the Bank of America® Customized Cash Rewards credit card page.

Spending habits don’t always stay exactly the same. Maybe you spend quite a bit on gas during summer road trips, and more for online shopping during the holidays. If that’s the case, this cash back card from Bank of America could be an excellent fit. It lets you choose a 3% cash back category from six popular spending categories, including gas, online shopping, and travel.

Plus, you get 2% cash back in two other popular categories, grocery stores and wholesale clubs. With this card’s cash back program and a big welcome offer, it provides ample opportunities to save on everyday expenses, no matter what category they fall under.

Cash back in a nutshell:

  • 3% cash back in a category of your choice
  • 2% cash back at grocery stores and wholesale clubs
  • 2% and 3% rates are for up to $2,500 in combined spending per quarter across those categories
  • 1% cash back on other purchases

How to redeem your cash back:

  • Statement credit
  • Deposit made to your Bank of America bank account
  • Personal check

Why we picked Bank of America® Customized Cash Rewards credit card:

Earning 3% in a category you choose is a standout perk, especially since the category options are areas where many people spend a large amount. Also, if you keep enough money with Bank of America to get into its Preferred Rewards program, one of the many benefits is a credit card rewards bonus, effectively boosting your card’s cash back rate.


Citi Double Cash® Card

Cardholder ratings: 4.5 from 219 reviews as of 8/2/2023

This is another one of the top flat-rate cash back cards we’ve seen. As mentioned above, you’ll get 1% cash back when you buy and 1% when you pay for those purchases. Best of all, you won’t have to deal with spending caps, special categories, or paying an annual fee which truly makes this card hassle-free.

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Reddit users have complained about its customer service and foreign transaction fees, but if that’s not a major consideration for you, we still think this card is one of the top cash back cards in the market.

Cash back in a nutshell:

How to redeem your ThankYou points:

  • Statement credit
  • Direct deposit
  • Gift cards
  • Shopping with your points on Amazon
  • Transfer points to select partner loyalty program

Why we picked Citi Double Cash® Card:

Rewards look different for this card, as it will show up on your account as “ThankYou points” instead of traditional dollar amounts. This means you’ll earn 1 ThankYou point for every $1 spent on purchases. You’ll also get an additional ThankYou point for every $1 paid on your balance. All that to say, you’ll still get 2% cash back on purchases.


Discover it® Student Cash Back

Cardholder ratings: 4.8 out of 1,809 reviews as of 8/3/2023

When you’re in college, you usually have plenty of expenses. Tuition, books, food, and room and board all add up, along with any other bills you have. You probably wouldn’t mind saving money where you can, and this student credit card from Discover definitely helps.

Every quarter, you’ll be able to earn 5% back when you activate rotating everyday spending categories, such as grocery stores and restaurants, up to the quarterly maximum spend. It’s almost like getting a 5% discount, just because of your credit card. Enrollment is required. And after your first year as a cardholder, Discover matches all the cash back you’ve earned during that time, dollar for dollar.

Cash back in a nutshell:

  • 5% cash back on everyday purchases at rotating quarterly bonus categories ($1,500 quarterly spending cap)
  • 1% cash back on other purchases
  • Unlimited Cashback Match

How to redeem your cash back:

  • Statement credit
  • Deposit made to your bank account
  • Pay with rewards through PayPal
  • Gift cards
  • Charitable donations

Why we picked Discover it® Student Cash Back:

A 5% cash back rate in quarterly bonus categories is among the highest we’ve seen for a student credit. Discover’s Cashback Match is also a highly valuable perk only found with Discover credit cards.


Discover it® Secured Credit Card

Cardholder ratings: 4.6 from 2,541 reviews as of 8/3/2023

If you have a low credit score, or no credit history at all, you’ve probably noticed that most credit card options don’t offer a whole lot of benefits. That’s why the Discover it® Secured Credit Card is one of our favorites for building and rebuilding credit. There’s no minimum credit score to get it, yet it still offers a solid cash back program.

You’ll earn bonus cash back every time you grab a bite at a restaurant and fill up at the pump, on up to $1,000 in spending per quarter. Here’s the best part — at the end of your first year using this card, Discover matches your cash back, dollar for dollar. If you earned $150, Discover rewards you with another $150.

Cash back in a nutshell:

  • 2% cash back at gas stations and restaurants ($1,000 quarterly spending cap)
  • 1% cash back on other purchases

How to redeem your cash back:

  • Statement credit
  • Deposit made to your bank account
  • Pay with rewards through PayPal
  • Gift cards
  • Charitable donations

Why we picked Discover it® Secured Credit Card:

Discover packs in some rewarding benefits that we usually don’t see from secured credit cards, including cash back rewards and a sign-up bonus. It also makes redeeming cash back quick and easy, with multiple redemption options and no minimums.


Ink Business Cash® Credit Card

Cardholder ratings: 4.2 out of 1,345 reviews as of 8/3/2023

You have to spend money to make money, but it will be much easier with this Chase business card. It earns spectacular cash back rates, including 5% across multiple business-friendly categories. You can also earn a whopping $900 sign-up bonus for spending $6,000 in the first 3 months.

If you’re just getting your business off the ground, you can use this card to earn money back on the startup costs. And if your business is already up and running, you can start earning lots of cash back on your regular expenses, as well as any new ones that come up.

Cash back in a nutshell:

  • 5% cash back at office supply stores and on internet, cable, and phone services ($25,000 annual spending cap)
  • 2% cash back at gas stations and restaurants ($25,000 annual spending cap)
  • 1% cash back on other purchases
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How to redeem your cash back:

  • Statement credit
  • Deposit made to your bank account
  • Gift cards
  • Travel bookings through Chase Ultimate Rewards
  • Chase Dining

Why we picked Ink Business Cash® Credit Card:

The sign-up bonus of $750 is the largest we’ve found from a no annual fee credit card. That, and the generous cash back rates, give this card some serious rewards potential.


Prime Visa

Cardholder ratings: 4.2 from 100,568 global ratings as of 8/3/2023

Store credit cards usually don’t make our top picks because they’re only useful at the store in question. The Prime Visa is a notable exception, considering that Amazon sells just about everything. For frequent Amazon shoppers with a Prime membership, this card is probably worth having in your wallet.

You’ll earn 5% back on all your Amazon purchases. If you like getting your groceries delivered and live in an area with AmazonFresh, you’ll get the same rate on those purchases. And if you shop at Whole Foods, you’ll earn 5% there, too. Since this card has other bonus categories, you could use it as your everyday cash back card. Or, it works well as just your Amazon credit card.

Cash back in a nutshell:

  • 5% cash back at Amazon, AmazonFresh, and Whole Foods
  • 5% cash back on Chase Travel purchases
  • 2% cash back at gas stations, drugstores, local transit, and commuting (including rideshare)
  • 1% cash back on other purchases

How to redeem your cash back:

  • Eligible purchases at Amazon
  • Cash back
  • Gift cards
  • Travel bookings through Chase Ultimate Rewards

Why we picked Prime Visa:

It’s the ultimate Amazon credit card. The cash back rates at Amazon, AmazonFresh, and Whole Foods are as good as it gets among the card offers we’ve seen.


U.S. Bank Cash+® Visa Signature® Card

Cardholder ratings: 4.4 from 9,806 reviews as of 8/3/2023

With most credit cards, you earn bonus rewards wherever the card issuer decides. This U.S. Bank card puts you in control. You choose two categories from a list of 12 to earn 5% back up to the quarterly spending maximum. U.S. Bank also lets you choose an everyday category, such as grocery stores and grocery deliveries, to earn 2% back.

Want to earn 5% cash back on your gym membership? You can. Planning to do some serious shopping in the near future? Make department stores one of those 5% back categories. Best of all, you can pick bonus categories every quarter. If your spending habits change, you can make sure your credit card’s rewards change, too.

Cash back in a nutshell:

  • 5% cash back on two categories you choose each quarter ($2,000 quarterly spending cap)
  • 2% cash back on one everyday spending category you choose
  • 1% cash back on other purchases

How to redeem your cash back:

  • Statement credit
  • Deposit made to your U.S. Bank Savings, Checking or Money Market Account
  • U.S. Bank Rewards Card ($25 minimum redemption on cash back

Why we picked U.S. Bank Cash+® Visa Signature® Card:

It offers the highest cash back rate we’ve found for categories that you choose, and it offers some unique bonus categories that aren’t seen often.


Bread Cashback™ American Express® Credit Card

Cardholder ratings: not provided on the Bread Cashback™ American Express® Credit Card page.

You can’t go wrong with a 2% back card. This card gets you that, plus some additional benefits through American Express. These extras include discounts through American Express travel partners and dining benefits at participating restaurants (terms apply, enrollment may be required).

Another nice thing about this cash back card is that it doesn’t charge a foreign transaction fee. You may still want another card to take with you when you travel outside the country — American Express isn’t nearly as widely accepted worldwide as Visa and Mastercard. Still, it’s a common fee that you won’t have to pay with this card.

Cash back in a nutshell:

How to redeem your cash back:

  • Statement credit
  • Deposit made to your bank account

Why we picked Bread Cashback™ American Express® Credit Card:

It earns an unlimited 2% back on purchases and doesn’t charge a foreign transaction fee. The cards we’ve found that match its cash back rate charge a 3% foreign transaction fee, so they’re not as useful abroad.


Pay with rewards at azo and through PayPaltating everyday spending categories, such as grocery stores, restaurants, and Amazoam, up to the quarterly maximum spend. It’s almost like getting a 5% discount, just because of your credit card. Enrollment is required. And after your first year as a cardholder, Discover matches all the cash back you’ve earned during that time, dollar for dollar.



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