Credit Cards with the Highest Cashback and Rewards in 2024

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Here are some of the top cashback and rewards credit cards for 2024 based on various spending needs:

Best Flat-Rate Cashback Cards

  1. Wells Fargo Active Cash® Card
    • Rewards: 2% unlimited cash back on all purchases.
    • Perks: No annual fee, $200 sign-up bonus after spending $500 in 3 months, 0% intro APR for 12 months.
  2. SoFi Credit Card
    • Rewards: 2% unlimited cash back when redeemed toward investing, saving, or loan payments.

Best Bonus Category Cashback Cards

  1. Blue Cash Preferred® Card from American Express
    • Rewards: 6% back at U.S. supermarkets (up to $6,000 annually), 6% on select streaming services, 3% on transit and gas.
    • Annual Fee: $95.
  2. Chase Freedom Unlimited®
    • Rewards: 5% on travel through Chase, 3% on dining and drugstores, 1.5% on all other purchases.
    • Intro Offer: 1.5% extra cash back on all purchases up to $20,000 in the first year.
  3. Capital One SavorOne Cash Rewards Credit Card
    • Rewards: 3% on dining, entertainment, grocery stores, and streaming; 8% on Capital One Entertainment purchases.
    • No Annual Fee.

Best for Retail and Online Shoppers

  1. Prime Visa (Amazon/Whole Foods)
    • Rewards: 5% back at Amazon and Whole Foods (with Prime membership), plus additional rewards at gas stations and restaurants.
  2. U.S. Bank Shopper Cash Rewards™ Visa Signature® Card
    • Rewards: High cashback rates for purchases at select big-box stores and supermarkets.

Best for Rotating Categories

  1. Chase Freedom Flex℠
    • Rewards: 5% cash back on rotating quarterly categories (after activation), 5% on travel booked through Chase, 3% on dining and drugstores.
    • Sign-Up Bonus: $200 after spending $500 in the first 3 months.

Best for Big Spenders

  1. Alliant Cashback Visa® Signature Credit Card
    • Rewards: Up to 2.5% cash back on purchases (after meeting specific spending requirements).
    • Considerations: Annual fee after the first year; best for those spending over $2,500 monthly​NerdWallet: Finance smarter.

Best for Balance Transfers and Long Intro APR

  1. Citi® Double Cash Card
    • Rewards: 2% cash back — 1% when you buy and 1% when you pay your balance.
    • Intro Offer: 0% intro APR on balance transfers for 18 months​Business Insider.

Best for Travel and Dining

  1. Capital One Savor Cash Rewards Credit Card
    • Rewards: 4% cash back on dining and entertainment, 3% at grocery stores, and 1% on all other purchases.
    • Sign-Up Bonus: $250 after spending $500 in the first 3 months​LendingTree.

Best for Online Purchases

  1. Discover it® Cash Back
    • Rewards: 5% cash back on rotating categories (e.g., Amazon, grocery stores, gas stations) up to $1,500 per quarter (after activation), 1% on all other purchases.
    • Bonus Offer: Cashback match for the first year (Discover matches all the cash back you earn).

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