Credit cards have become the most popular option for cash back rewards. In 2020, welcome bonuses were crazy! The top six cashback credit cards in 2022 will be available. One of these cards, combined with another, could earn you enough cash to travel for free. Additionally, you will be able to earn points that you can use to redeem gift cards.
Wells Fargo Active Cash(sm), Card offers 2% Cash Back
Wells Fargo offers several rewards programs, including Active Cash(sm), which gives you 2% cash back for your purchases. Spend a minimum amount of $1,000 and you will earn $200 in cash rewards. Redeem your cash rewards to receive gift cards or a statement credits on eligible Wells Fargo account accounts.
The card offers no annual fees, and the sign-up bonus is an excellent incentive to use the card. To receive the bonus, you must spend at least $1,000 within the first three months. This isn’t the only issue with the card. It is one of few cards that offers 2% cashback. However, it is lower than many other cards.
Other rewards cards may offer similar amounts, but the Wells Fargo Active cash(sm) has no annual fees and is an excellent option for cardholders. The 2% cashback is unlimited and can be used as an addition to other rewards cards. This card is also available with a promotional financing offer, making it an excellent option for consumers who have other credit cards.
Discover it Cashback rewards you with 5% cashback
For those who want to earn rewards and not pay an annual fee, Discover it Cash back is a great creditcard. This card rewards you with 5% cashback on rotating quarterly bonus categories, and one percent cashback on everything else. You can get more rewards for your everyday purchases with better options. The Citi Double Cash Card offers an unlimited two percent back on every purchase and is more beneficial for those who pay off their purchases every month.
The Discover it(r), Cash Back credit card is for those with good credit scores. It waives the first late payment fee. Other great benefits of this credit card include no annual fee and no penalty APR. This card is an excellent choice for those who spend less that $2,000 each year.
Capital One SavorOne Cash Reward Credit Card
Capital One SavorOne Credit Card Cash Rewards is the card to choose if you're a serious foodie and have a huge grocery bill. The rewards are non-expire and you can earn cash back on dining out, entertainment and grocery shopping. This card is a great option for budget-minded foodies. You don't pay any foreign transaction fees or an annual fee for this card.
Capital One SavorOne Rewards Credit Card provides excellent cash-back and has no annual fee. The card offers discounts on entertainment, groceries, and streaming. It also offers 0% introductory interest, making it an attractive choice for low-income consumers.
To ensure your credit score is high enough before applying for the Capital One SavorOne cash rewards Credit Card, you will need to first check it. On the Capital One website, you can view your score online. You might not be able to get approved if your credit score is not perfect.