Credit and Debit Card Ratings

Highest Tier Cash Back Credit Cards

Written by

Shane Tripcony

Please note that this page regarding highest tier cashback credit cards is outdated (2016) and maintained for archival purposes only. However, consumer comments below are current and new consumer reviews (by folks like you) are still encouraged. You can view our current cashback credit card reviews here!

Welcome to our site! Our editors have been covering the credit and debit card space for a total of 30+ years and we are proud to have been featured by the Wall Street Journal, CNN, etc.

Unlike almost all card comparison sites that only list cards that advertise with them, 95% of the cards on our site don’t pay us a dime. This site is powered by consumers like you! 🙂

Part of the beauty of credit cards and debit cards is their ability to give you rewards. Of course, the rewards only really mean something if you use the cards wisely.

Unfortunately, while cash rebate credit and debit cards have grown in popularity, so has the confusion that surrounds them. Some programs change their rules often. Some provide higher rewards for some purchases but not others (and then they change the categories every quarter). Some cards have restrictions that others don’t.

The point is this: Not all cash back credit cards and debit cards are created equal. And not every card is going to fit your lifestyle, purchases or financial goals. That’s why it’s important to do your research before signing up for any cash back card. Once you have your card, then it is important to maximize your earnings potential. Visit this link for more detailed reviews where you can easily apply online:


Top Rated Cash Rebate Credit Card (Overall):
OVERALL WINNER

Citi Double Cash Back Card (Site Sponsor)

Editor’s Note: The Citi Double Cash Back Card is as straightforward as it gets. It offers the top rewards for a flat-rate card and its simplicity makes it a winner. You simply get 2 percent cash back for everything you buy. There are no categories to worry about, no annual fees and no spending limits. Basically, this card symbolizes cash back simplified.

A Closer Look: The Citi Double Cash Back Card offers a 0 percent introductory APR for the first 15 months. You also get a waived late fee on your first missed payment (which you hopefully won’t have to use) and your Equifax score is included on every statement. The only downside is you don’t get the entire 2 percent reward right away. You receive 1 percent upon purchase and the other 1 percent after paying your bill.

Chase Freedom (Not an Advertiser)

Editor’s Note: A frequent favorite among cash back enthusiasts, Chase Freedom allows you to get 5 percent cash back across different categories that rotate quarterly. For example, one quarter may be 5 percent cash back on gas and the next quarter may be 5 percent cash back on retail purchases. By paying attention and spending strategically, you’ll be able to get some serious bang for your buck with this card.

VIEW OF OUR BEST CARDS
FOR BUILDING OR REBUILDING YOUR CREDIT HERE!

A Closer Look: Unfortunately, the 5 percent cash back isn’t unlimited. You’ll have to stay within a $1,500 spending cap. Still, these rewards are higher than most. Once you reach the cap, you’ll receive 1 percent back on every purchase. You can also earn a $150 cash bonus when you spend $500 or more in the first three months after opening an account. You can also earn an additional $25 by adding an authorized user. There’s also no annual fee and the points don’t expire as long as your account remains active.

BankAmericard Cash Rewards (Not an Advertiser)

Read Customer Complaints and Reviews Below!
And Share Your Rating and Review to Help Others!

Editor’s Note: BankAmericard Cash Rewards has some very rich cash back features. It also has the benefit of being straightforward. You get 3 percent cash back on gas and 2 percent cash back at grocery stores for the first $1500 you spend each quarter. You also get 1 percent cash back on every other purchase and there’s no annual fee.

A Closer Look: The BankAmericard also gives a 10 percent bonus when Bank of America customers deposit their rewards into their accounts. If you are a Bank of America Preferred Rewards client and maintain an average banking and/or investment account balance of $20K to $100K+, you can receive a bonus of 25% to 75%.

Which Credit Card Gives the Best Cash Back Rebate for Excellent Credit
Citi Double Cash Back Card (see above)

Capital One QuickSilver One Cash Rewards

Editor’s Note: This particular card comes with not just a 0 percent balance transfer but 0 percent on purchases through November 2016. In addition, there is no annual fee and cardholders can earn a $100 bonus cash credit for spending $500 or more within the first three months. International travelers can enjoy purchases abroad with no foreign transaction fees.

A Closer Look: You get 1.5 percent cash back on all purchases without having to worry about rotating categories or spend limits. You also get a 20 percent statement credit for all Uber rides. This card also comes with Visa Signature benefits such as travel upgrades and savings, shopping discounts, complimentary concierge service and more. Click here for the complete guide to Visa Signature benefits.

Please Note! The Reviews Below are for 2016- Please Click Here for our Latest 2020 Reviews of Cash Rewards Credit Cards and To Apply Online in Just Mins. (Includes Application Links).(Ad Link)
And click here for tips on how to maximize your cash back rewards.

BEST CASH BACK REWARDS CARDS FOR HEAVY SPENDERS

Alliant Cashback Visa® Signature Credit Card (not an advertiser)

For Heavy Spenders: Alliant is a credit union (you have to apply to join and pay a small membership fee, but this credit union is open to anyone) and not a household name, but they have raised the bar held by the Citibank Double Cash Card for many years for the best overall rebate on all types of purchases.

Earn a whopping 3% cash back during your first year & an amazing 2.5% cash rebate on all purchases every year after with no cap. Please note though that this card does have a $99 annual fee that is waived the first year.

WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATE FOR INVESTORS

Fidelity Investment Rewards Visa Signature Card (not an advertiser)

Editor’s Note: This a great card for a savvy investor that was just launched in early 2016. You get 2 percent cash back on every purchase. The only requirement: You have to open a brokerage account.

A Closer Look: To realize the 2 percent cash back, you must have it deposited into your brokerage account. Deposits can be made to standard brokerage accounts or other accounts such as Fidelity Cash Management accounts, 529 college savings plans or retirement accounts. This is an excellent way to maximize your purchases and build wealth with your investments.

WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATE FOR FAIR (OR LESS THAN PERFECT CREDIT)

Discover it Secured Credit Card

Editor’s Note: This is a new addition from Discover as they recently announced their only secured card. The Discover it Secured Card is one of the only secured cards with a cash back component. It’s benefits are similar to regular cards and is offering cash back rewards at 1% per dollar spent. After the end of the first year, Discover doubles the amount earned, so effectively, this is a 2% cash back card that can help consumers build or rebuild their credit.

A Closer Look: Like other secured cards, the consumer must deposit a sum of money, between $200 to $2,500, to serve as the security deposit. Interest is high on this card compared to the others on this list at an APR of 23.24%. Despite the higher interest, this card is available to consumers with poor or no credit and provides a nice cash back reward as well as a free FICO score so you can watch your credit score rise.

WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATES FOR BUSY HOUSEHOLDS

Groceries

American Express Blue Cash Preferred

Editor’s Note: The American Express Blue Cash Preferred card has some unparalleled rewards. You get 6 percent cash back on groceries up to $6,000 annually and 1 percent cash back thereafter. You also get 3 percent cash
back at gas stations and select department stores.

A Closer Look: A family can easily rack up enough in groceries to experience some stellar cash back rewards. Additionally, you receive $150 if you spend $1,000 in the first 90 days after opening an account. The card also comes with an introductory 0 percent APR for 15 months and includes all the benefits of an AmEx, including spectacular customer service, roadside assistance and extended warranties on purchases. The only downsides are a $75 annual fee and the grocery rewards don’t count at specialty shops or Costco.

Gas

Fort Knox Credit Union Platinum Visa
Editor’s Note: This card offers 5 percent cash back on gas purchases and the barrier to entry is low. All you have to do is pay $5 to join the American Consumer Council / Kentucky and you can qualify for the program.

A Closer Look: Unlike other cards that offer cash back on gas, the Fort Knox Credit Union Platinum Visa doesn’t require you to open up an account with them. There’s also no balance transfer fee and no annual fee. Additionally, you get 1 percent cash back on all retail purchases.

Business

Ink Cash Business Credit Card

Editor’s Note: The Ink Cash Business Credit Card by Chase is often hailed as one of the best credit cards for small business owners. You get 5 percent cash back on the first $25,000 you spend each year on business expenses, including office supplies, cellular and landline phones, Internet and cable TV. You also get 2 percent cash back on the first $25,000 spent on gas and restaurants. A 0 percent introductory APR and no annual fee also make this card very attractive.

A Closer Look: In addition to the great cash back offer on things all businesses need, you also get $200 bonus cash back when you spend $3,000 in the first three months after opening an account. You can also redeem points for cash, travel or gift cards. The only downside to this card is if your business doesn’t spend money on these items.

Dining / Restaurants

Chase Sapphire Preferred

Editor’s Note: Foodies will enjoy this card because they’ll get 2 percent cash back for dining out. You also get 1 point for every dollar spent in all other categories. Travelers will also enjoy this card because it has several airline partners, double points on travel purchases and no foreign transaction fee.

A Closer Look: The Chase Sapphire Preferred is one of the best personal cards on the market. They have an excellent promotional offer of 50,000 points when you spend $4000 in the first three months after opening an account – an amount easily within reach of many households. Just note that the annual fee jumps to $95 after the first year.

BEST BONUS CATEGORY CARD

Chase Freedom

Editor’s Note: The Chase Freedom card has a low 0% APR for 15 months for purchases and balance transfers, and offers a generous 5% cash back on selected categories that change every quarter. Currently, through March 31, 2016, cardholders that activate their 5% cash back can save at gas stations and on local commuter expenses, including UBER and taxis.

A Closer Look: For new cardholders, you can earn a $150 cash bonus when you spend $500 in the first three months after opening an account. You can also earn an additional $25 bonus by adding an additional cardholder and completing a purchase in that same time frame. Let’s not forget to mention that cardholders also get an unlimited 1 percent cash back on every purchase and has other features such as purchase protection and price protection.

MOST INNOVATIVE CASH BACK REWARDS PROGRAM

QuickSilver From Capital One
Editor’s Note: What sets this card apart from all the others is your ability to get 20 percent cash back on all Uber rides through April 2016. If you use the car sharing service often, you’ll definitely want to take advantage of this bonus.

A Closer Look: Aside from the 20 percent cash back on Uber rides, Capital One’s QuickSilver is an overall good program. You earn an unlimited 1.5 percent cash back on every purchase, a $100 cash bonus when you spend $500 in the first three months after opening an account, there’s no annual fee and the card offers a 0 percent introductory APR. You can also use it for travel upgrades, there are no foreign transaction fees and the card provides an extended warranty on purchases and several other features.

Please Note! The Reviews Below are for 2016- Please Click Here for our Latest 2019 Reviews of Top Cash Rebate Cards and To Apply Online in Just Mins. (Includes Application Links).

And click here for tips on how to maximize your cash back rewards.

BEST NICHE CASH BACK REWARDS

Fidelity Investment Rewards Visa Signature Card(not an advertiser)

Editor’s Note: This card gives you cash back that can be deposited into your investments to build wealth over time. It’s the only card we know of that gives you rewards while encouraging you to save.

A Closer Look: If you deposit your rewards into investment accounts, like a retirement or a college 529 plan, you can save for significant future expenses. It’s a very smart way to have your money make more money for you.

LOCAL OPTIONS FOR CASH BACK REWARDS

These cards are all available nationally, but you may find that there is a card that is just right for you in your own backyard. One really good options found near us includes the Simmons Bank Visa® Platinum Rewards card. That card is offered nationally, but it is a good deal for those looking for a long-term low rate at 10.50% and have a balance to transfer. They have no balance transfer fee.

Another option to consider are local credit unions. One example nearby is TruService Community Federal Credit Union. They have a rewards card with cash-back that we have found to be the lowest rate in the country at 5.50%. Even at their highest rate offered, it is still only 13.50%. You must qualify for membership for that credit union to be able to get that card and that includes anyone that works, lives or worships in their area of service.

Other Related Reviews and Resources That Might be Helpful:
LOOKING AT THE OPTIONS

These cards are all available nationally, but when searching for which Debit Card Gives the Best Cash Back Rebate or Credit Card, you may find that there is a card that is just right for you in your own backyard. One really good options found near us includes the Simmons Bank Visa® Platinum Rewards card. That card is offered nationally, but it is a good deal for those looking for a long-term low rate at 10.50% and have a balance to transfer. They have no balance transfer fee.

Another option to consider are local credit unions. One example nearby is TruService Community Federal Credit Union. They have a rewards card with cash-back that we have found to be the lowest rate in the country at 5.50%. Even at their highest rate offered, it is still only 13.50%. You must qualify for membership for that credit union to be able to get that card and that includes anyone that works, lives or worships in their area of service.

LOOKING AT THE OPTIONS

There are always options, personal desires and values to consider in choosing the cash back card that works the best for you and your particular situation. There are a number of great cards that are offered nationally and there just may be some great cards offered locally that you have not considered. Take a look at some of the cards we have recommended here.

WHAT WORKS FOR US

Our team believes that credit card choices have a lot to do with individual preference, lifestyle and goals. Everyone is different and there is a card for each of you. Some people on our team stick to using points for travel and others trade them in for cash. They both work just fine.

OUR RATINGS SYSTEM

When reviewing these cards, we do our best to put ourselves in the consumers’ shoes. We choose cards based on (lack of) fees, rewards and ease of use. In other words, if we wouldn’t use these cards ourselves, we wouldn’t recommend them. In fact, we do actually use these cards in our own lives.

NOTE: This article is part one of two and was originally published on the Huffington Post. Click here for the original article.


Category: Best Low Fee Prepaid Cards

Millions of people are turning to prepaid debit cards as a smart alternative to carrying cash and writing checks. Almost anyone can qualify and they don’t require a credit check or a bank account.

Though they carry credit card logos and can be used anywhere a credit card is used, unlike a credit card, they do not offer a line of credit. The user can only spend the amount that has been loaded onto the card or placed into the account associated with the card.

There are dozens of debit cards on the market, many of them issued by the same bank, but fee structures are vastly different. Bestprepaiddebitcards.com has done all the research for you and provides comprehensive reviews to help you decide which card is best for you.

GO2bank Offers Overdraft Protection up to $300.

And build your credit with the GO2bank Secured Visa® Credit Card with no annual fee*, no credit check*, and no impact to your credit when you apply. (sponsor link)

  • Highest Tier Cash Back Credit Cards

    Written by

    Shane Tripcony

    Please note that this page regarding highest tier cashback credit cards is outdated (2016) and maintained for archival purposes only. However, consumer comments below are current and new consumer reviews (by folks like you) are still encouraged. You can view our current cashback credit card reviews here!

    Welcome to our site! Our editors have been covering the credit and debit card space for a total of 30+ years and we are proud to have been featured by the Wall Street Journal, CNN, etc.

    Unlike almost all card comparison sites that only list cards that advertise with them, 95% of the cards on our site don’t pay us a dime. This site is powered by consumers like you! 🙂

    Part of the beauty of credit cards and debit cards is their ability to give you rewards. Of course, the rewards only really mean something if you use the cards wisely.

    Unfortunately, while cash rebate credit and debit cards have grown in popularity, so has the confusion that surrounds them. Some programs change their rules often. Some provide higher rewards for some purchases but not others (and then they change the categories every quarter). Some cards have restrictions that others don’t.

    The point is this: Not all cash back credit cards and debit cards are created equal. And not every card is going to fit your lifestyle, purchases or financial goals. That’s why it’s important to do your research before signing up for any cash back card. Once you have your card, then it is important to maximize your earnings potential. Visit this link for more detailed reviews where you can easily apply online:


    Top Rated Cash Rebate Credit Card (Overall):
    OVERALL WINNER

    Citi Double Cash Back Card (Site Sponsor)

    Editor’s Note: The Citi Double Cash Back Card is as straightforward as it gets. It offers the top rewards for a flat-rate card and its simplicity makes it a winner. You simply get 2 percent cash back for everything you buy. There are no categories to worry about, no annual fees and no spending limits. Basically, this card symbolizes cash back simplified.

    A Closer Look: The Citi Double Cash Back Card offers a 0 percent introductory APR for the first 15 months. You also get a waived late fee on your first missed payment (which you hopefully won’t have to use) and your Equifax score is included on every statement. The only downside is you don’t get the entire 2 percent reward right away. You receive 1 percent upon purchase and the other 1 percent after paying your bill.

    Chase Freedom (Not an Advertiser)

    Editor’s Note: A frequent favorite among cash back enthusiasts, Chase Freedom allows you to get 5 percent cash back across different categories that rotate quarterly. For example, one quarter may be 5 percent cash back on gas and the next quarter may be 5 percent cash back on retail purchases. By paying attention and spending strategically, you’ll be able to get some serious bang for your buck with this card.

    VIEW OF OUR BEST CARDS
    FOR BUILDING OR REBUILDING YOUR CREDIT HERE!

    A Closer Look: Unfortunately, the 5 percent cash back isn’t unlimited. You’ll have to stay within a $1,500 spending cap. Still, these rewards are higher than most. Once you reach the cap, you’ll receive 1 percent back on every purchase. You can also earn a $150 cash bonus when you spend $500 or more in the first three months after opening an account. You can also earn an additional $25 by adding an authorized user. There’s also no annual fee and the points don’t expire as long as your account remains active.

    BankAmericard Cash Rewards (Not an Advertiser)

    Read Customer Complaints and Reviews Below!
    And Share Your Rating and Review to Help Others!

    Editor’s Note: BankAmericard Cash Rewards has some very rich cash back features. It also has the benefit of being straightforward. You get 3 percent cash back on gas and 2 percent cash back at grocery stores for the first $1500 you spend each quarter. You also get 1 percent cash back on every other purchase and there’s no annual fee.

    A Closer Look: The BankAmericard also gives a 10 percent bonus when Bank of America customers deposit their rewards into their accounts. If you are a Bank of America Preferred Rewards client and maintain an average banking and/or investment account balance of $20K to $100K+, you can receive a bonus of 25% to 75%.

    Which Credit Card Gives the Best Cash Back Rebate for Excellent Credit
    Citi Double Cash Back Card (see above)

    Capital One QuickSilver One Cash Rewards

    Editor’s Note: This particular card comes with not just a 0 percent balance transfer but 0 percent on purchases through November 2016. In addition, there is no annual fee and cardholders can earn a $100 bonus cash credit for spending $500 or more within the first three months. International travelers can enjoy purchases abroad with no foreign transaction fees.

    A Closer Look: You get 1.5 percent cash back on all purchases without having to worry about rotating categories or spend limits. You also get a 20 percent statement credit for all Uber rides. This card also comes with Visa Signature benefits such as travel upgrades and savings, shopping discounts, complimentary concierge service and more. Click here for the complete guide to Visa Signature benefits.

    Please Note! The Reviews Below are for 2016- Please Click Here for our Latest 2020 Reviews of Cash Rewards Credit Cards and To Apply Online in Just Mins. (Includes Application Links).(Ad Link)
    And click here for tips on how to maximize your cash back rewards.

    BEST CASH BACK REWARDS CARDS FOR HEAVY SPENDERS

    Alliant Cashback Visa® Signature Credit Card (not an advertiser)

    For Heavy Spenders: Alliant is a credit union (you have to apply to join and pay a small membership fee, but this credit union is open to anyone) and not a household name, but they have raised the bar held by the Citibank Double Cash Card for many years for the best overall rebate on all types of purchases.

    Earn a whopping 3% cash back during your first year & an amazing 2.5% cash rebate on all purchases every year after with no cap. Please note though that this card does have a $99 annual fee that is waived the first year.

    WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATE FOR INVESTORS

    Fidelity Investment Rewards Visa Signature Card (not an advertiser)

    Editor’s Note: This a great card for a savvy investor that was just launched in early 2016. You get 2 percent cash back on every purchase. The only requirement: You have to open a brokerage account.

    A Closer Look: To realize the 2 percent cash back, you must have it deposited into your brokerage account. Deposits can be made to standard brokerage accounts or other accounts such as Fidelity Cash Management accounts, 529 college savings plans or retirement accounts. This is an excellent way to maximize your purchases and build wealth with your investments.

    WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATE FOR FAIR (OR LESS THAN PERFECT CREDIT)

    Discover it Secured Credit Card

    Editor’s Note: This is a new addition from Discover as they recently announced their only secured card. The Discover it Secured Card is one of the only secured cards with a cash back component. It’s benefits are similar to regular cards and is offering cash back rewards at 1% per dollar spent. After the end of the first year, Discover doubles the amount earned, so effectively, this is a 2% cash back card that can help consumers build or rebuild their credit.

    A Closer Look: Like other secured cards, the consumer must deposit a sum of money, between $200 to $2,500, to serve as the security deposit. Interest is high on this card compared to the others on this list at an APR of 23.24%. Despite the higher interest, this card is available to consumers with poor or no credit and provides a nice cash back reward as well as a free FICO score so you can watch your credit score rise.

    WHICH CREDIT CARD GIVES THE BEST CASH BACK REBATES FOR BUSY HOUSEHOLDS

    Groceries

    American Express Blue Cash Preferred

    Editor’s Note: The American Express Blue Cash Preferred card has some unparalleled rewards. You get 6 percent cash back on groceries up to $6,000 annually and 1 percent cash back thereafter. You also get 3 percent cash
    back at gas stations and select department stores.

    A Closer Look: A family can easily rack up enough in groceries to experience some stellar cash back rewards. Additionally, you receive $150 if you spend $1,000 in the first 90 days after opening an account. The card also comes with an introductory 0 percent APR for 15 months and includes all the benefits of an AmEx, including spectacular customer service, roadside assistance and extended warranties on purchases. The only downsides are a $75 annual fee and the grocery rewards don’t count at specialty shops or Costco.

    Gas

    Fort Knox Credit Union Platinum Visa
    Editor’s Note: This card offers 5 percent cash back on gas purchases and the barrier to entry is low. All you have to do is pay $5 to join the American Consumer Council / Kentucky and you can qualify for the program.

    A Closer Look: Unlike other cards that offer cash back on gas, the Fort Knox Credit Union Platinum Visa doesn’t require you to open up an account with them. There’s also no balance transfer fee and no annual fee. Additionally, you get 1 percent cash back on all retail purchases.

    Business

    Ink Cash Business Credit Card

    Editor’s Note: The Ink Cash Business Credit Card by Chase is often hailed as one of the best credit cards for small business owners. You get 5 percent cash back on the first $25,000 you spend each year on business expenses, including office supplies, cellular and landline phones, Internet and cable TV. You also get 2 percent cash back on the first $25,000 spent on gas and restaurants. A 0 percent introductory APR and no annual fee also make this card very attractive.

    A Closer Look: In addition to the great cash back offer on things all businesses need, you also get $200 bonus cash back when you spend $3,000 in the first three months after opening an account. You can also redeem points for cash, travel or gift cards. The only downside to this card is if your business doesn’t spend money on these items.

    Dining / Restaurants

    Chase Sapphire Preferred

    Editor’s Note: Foodies will enjoy this card because they’ll get 2 percent cash back for dining out. You also get 1 point for every dollar spent in all other categories. Travelers will also enjoy this card because it has several airline partners, double points on travel purchases and no foreign transaction fee.

    A Closer Look: The Chase Sapphire Preferred is one of the best personal cards on the market. They have an excellent promotional offer of 50,000 points when you spend $4000 in the first three months after opening an account – an amount easily within reach of many households. Just note that the annual fee jumps to $95 after the first year.

    BEST BONUS CATEGORY CARD

    Chase Freedom

    Editor’s Note: The Chase Freedom card has a low 0% APR for 15 months for purchases and balance transfers, and offers a generous 5% cash back on selected categories that change every quarter. Currently, through March 31, 2016, cardholders that activate their 5% cash back can save at gas stations and on local commuter expenses, including UBER and taxis.

    A Closer Look: For new cardholders, you can earn a $150 cash bonus when you spend $500 in the first three months after opening an account. You can also earn an additional $25 bonus by adding an additional cardholder and completing a purchase in that same time frame. Let’s not forget to mention that cardholders also get an unlimited 1 percent cash back on every purchase and has other features such as purchase protection and price protection.

    MOST INNOVATIVE CASH BACK REWARDS PROGRAM

    QuickSilver From Capital One
    Editor’s Note: What sets this card apart from all the others is your ability to get 20 percent cash back on all Uber rides through April 2016. If you use the car sharing service often, you’ll definitely want to take advantage of this bonus.

    A Closer Look: Aside from the 20 percent cash back on Uber rides, Capital One’s QuickSilver is an overall good program. You earn an unlimited 1.5 percent cash back on every purchase, a $100 cash bonus when you spend $500 in the first three months after opening an account, there’s no annual fee and the card offers a 0 percent introductory APR. You can also use it for travel upgrades, there are no foreign transaction fees and the card provides an extended warranty on purchases and several other features.

    Please Note! The Reviews Below are for 2016- Please Click Here for our Latest 2019 Reviews of Top Cash Rebate Cards and To Apply Online in Just Mins. (Includes Application Links).

    And click here for tips on how to maximize your cash back rewards.

    BEST NICHE CASH BACK REWARDS

    Fidelity Investment Rewards Visa Signature Card(not an advertiser)

    Editor’s Note: This card gives you cash back that can be deposited into your investments to build wealth over time. It’s the only card we know of that gives you rewards while encouraging you to save.

    A Closer Look: If you deposit your rewards into investment accounts, like a retirement or a college 529 plan, you can save for significant future expenses. It’s a very smart way to have your money make more money for you.

    LOCAL OPTIONS FOR CASH BACK REWARDS

    These cards are all available nationally, but you may find that there is a card that is just right for you in your own backyard. One really good options found near us includes the Simmons Bank Visa® Platinum Rewards card. That card is offered nationally, but it is a good deal for those looking for a long-term low rate at 10.50% and have a balance to transfer. They have no balance transfer fee.

    Another option to consider are local credit unions. One example nearby is TruService Community Federal Credit Union. They have a rewards card with cash-back that we have found to be the lowest rate in the country at 5.50%. Even at their highest rate offered, it is still only 13.50%. You must qualify for membership for that credit union to be able to get that card and that includes anyone that works, lives or worships in their area of service.

    Other Related Reviews and Resources That Might be Helpful:
    LOOKING AT THE OPTIONS

    These cards are all available nationally, but when searching for which Debit Card Gives the Best Cash Back Rebate or Credit Card, you may find that there is a card that is just right for you in your own backyard. One really good options found near us includes the Simmons Bank Visa® Platinum Rewards card. That card is offered nationally, but it is a good deal for those looking for a long-term low rate at 10.50% and have a balance to transfer. They have no balance transfer fee.

    Another option to consider are local credit unions. One example nearby is TruService Community Federal Credit Union. They have a rewards card with cash-back that we have found to be the lowest rate in the country at 5.50%. Even at their highest rate offered, it is still only 13.50%. You must qualify for membership for that credit union to be able to get that card and that includes anyone that works, lives or worships in their area of service.

    LOOKING AT THE OPTIONS

    There are always options, personal desires and values to consider in choosing the cash back card that works the best for you and your particular situation. There are a number of great cards that are offered nationally and there just may be some great cards offered locally that you have not considered. Take a look at some of the cards we have recommended here.

    WHAT WORKS FOR US

    Our team believes that credit card choices have a lot to do with individual preference, lifestyle and goals. Everyone is different and there is a card for each of you. Some people on our team stick to using points for travel and others trade them in for cash. They both work just fine.

    OUR RATINGS SYSTEM

    When reviewing these cards, we do our best to put ourselves in the consumers’ shoes. We choose cards based on (lack of) fees, rewards and ease of use. In other words, if we wouldn’t use these cards ourselves, we wouldn’t recommend them. In fact, we do actually use these cards in our own lives.

    NOTE: This article is part one of two and was originally published on the Huffington Post. Click here for the original article.


  • Are Balance Transfer Credit Cards Good or Bad? – Full Review with Comments

    Welcome to our site! Our editors have been covering the credit and debit card space for a total of 30+ years and we are proud to have been featured by the Wall Street Journal, CNN, etc.

    Your input is invaluable and we’d love to have your opinion on Are Balance Transfer Credit Cards Good or Bad? (see below to read consumer reviews of the best offers and post your own opinion) – this site is powered by you!

    Are Balance Transfer Credit Cards Good or Bad?

    As explained in a previous post What are Balance Transfer Credit Cards, balance transfers can be a very good thing.  They can allow you to pay off debt without continuing to get hit with interest charges which can rack up very quickly.  They can also be good if you transfer your debt to a card with a lower interest rate after the promotional period is up.  For an example, you currently have a card with an 18% APR Interest rate.  You do a balance transfer to another card that offers 0% APR for 18 months.  After the 18 months is up on the 0% APR Balance Transfer, the card then has a 16% APR Interest Rate.  This is a whole 2% better than the previous card you had before the Balance Transfer at 18% APR.

    Also, the longer the promotional offer of 0% APR Interest, the more time you have to pay off your debt.  Any amount of extra time you can get to pay off debt without having to pay interest is a win win situation.

    Looking for a Great Balance Transfer Credit Card?

     

    Compare the Longest Transfer Offers (Up to 21 Months)

     

    Apply Online in Minutes

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    Now you want to know the other part of Are Balance Transfers Good or Bad?

    They can be very bad if you end up accumulating more debt and you are unable to pay it off before the promotional period ends.  This can get you in a lot of trouble.  Which is why we highly recommend using 0% Balance Transfer Offers as a tool to only pay off debt, not to acquire more debt.  This can especially be the case if the APR is higher than the APR from the account you transferred the debt from.

    Also, be careful of any Transfer Fees.  These can generally be between 3% and 5%.  These are typically one time fees.  Just make sure its worth paying this fee based on the amount of debt you have and how quickly you can pay it off.  Although we have found some offers with No Balance Transfer Fees.  See link below.

    Check our our Current Listing of the Longest 0% Interest APR Credit Card Offers with No Balance Transfer Fee

    They can also be bad if your FICO Credit Score is not considered good.  Most companies will only approve you for Longer 0% Interest APR Balance Transfer Offers if you credit score is above 675.  We say this is bad because if your score is below 675 then you more than likely will be stuck with your current interest rate.  If this is the case, try to focus on raising your credit score to above 675.

    One question you may be asking yourself is will a Balance Transfer affect my FICO Credit Score.  Our experts have the answer to this question and more in our article titled: Will it Hurt my FICO Credit Score If I Do a Credit Balance Transfer? Review

    With this information and some quick number crunching you should have a good idea of: Are Balance Transfer Credit Cards Good or Bad?

    See our summary below and be sure to leave us your comments to this article.  Our experts generally get back to you within 24 hours.

    Whether you are looking for a break from current interest rates with a 0% APR for only 6 months or up to 18 or 21 months, you will find our current offers here.

    Related Visa Card for those with poor credit who may not be able to apply for a Balance Transfer Credit Card:

    Chime is a new Visa card that is amazingly free (unless you use the card outside of their large ATM network). This is best alternative to a prepaid card that we’ve seen in 5+ years and offers all of the benefits of traditional bank account.

    It’s a real Visa card (not a prepaid debit card which usually have a lot more fees) and people with poor credit can apply too as there is no credit check. Chime can be managed entirely from your smartphone. No overdraft fees. No minimum balance. No monthly service fees. No transfer fees. No Chex Systems. Over 38,000 fee-free ATMs, plus 30,000+ cash-back locations.

    And for a limited time, earn a Cash referral bonus of $50 when you tell your friends and family members about Chime and they sign up (and they’ll earn $50 too)- details within the app after you apply! Click for more info.- you can apply online in just 2 mins with no obligation. Start by simply entering your email address and clicking “Get Started”– over 3 million customers couldn’t be wrong. 🙂 (Referral Link)

    Summary: Are Balance Transfer Credit Cards Good or Bad?

    With the amount of debt piling up today, Balance Transfer Credit Cards can be a good way to relieve you from interest payments temporarily.  With the proper money management skills and being diligent about paying off debt we find most Balance Transfer Credit Cards to be a good way to manage your debt.

    Balance Transfer Credit Cards can be good if you properly manage your debt.  We recommend using these offers to pay your debt down or pay your debt off completely.  Do not use these to acquire more debt that you will not be able to pay off.

    More Related Articles to: What Are Balance Transfer Credit Cards?  And Are Balance Transfers Good or Bad?

    Check our our Current Listing of the Longest 0% Interest APR Credit Card Offers with No Balance Transfer Fee

    Whether you are looking for a break from current interest rates with a 0% APR for only 6 months or up to 18 or 21 months, you will find our current offers here.

    What are Balance Transfer Credit Cards? Are Balance Transfer Credit Cards Good or Bad?

    *Disclaimer: BestPrepaidDebitCards.com is an independently owned and operated, advertising-supported financial product comparison service. Many of the credit card offers that appear on linked sites are from companies from which BestPrepaidDebitCards.com receives compensation.

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