Top Cash Back Credit Cards 2020

Updated in September of 2019, the author of this post is Don, an avid credit card and financial industry contributor.

Searching for cash back credit cards, we review hundreds of promotions every year to help consumers find the top offers on cash back credit cards. Many top card issuers and banks are upping their offers for 2019 and consumers can take advantage of deals like a 5 percent cash back bonus for select categories, double cash back on all purchases and a cash back match. The key to finding the right cash back credit card is defining your personal goals, understanding what your credit qualifies you for and predicting your future shopping patterns. With all of this data, we can help you navigate the credit card markets to find the best promotions for cash back and rewards cards in 2019!

best cash back cards

Best Cash Back Promotions From Top Card Issuers

Choosing the Right Cashback Credit Card

Earn While You Spend

What credit card doesn’t have a cashback deal or rewards program? Advertisements are awash in promises of earning cash. What really pays is researching which card would be best for your finances.

The Balance

And we don’t just mean at the bottom of your statement. Cashback deals can sound amazing until you compare them to the interest rates on the card. You need to look at more than just the rewards systems; consider all of the pros and cons, from annual fees to types of reward programs. Let’s break it down:

Annual Fees

Not many cashback cards enforce annual fees these days, but enough do that you need to calculate if your projected rewards will offset the cost. You don’t want a net loss when it comes to your credit.

Bonuses With Strings Attached

While sign-up incentives can be tempting, make sure you research the card itself and how your contract will play out after said bonus. Is there an asterisk (*) by the offer? Find the strings it’s attached to.

Interest Rates and APR Promotions

Most cards will charge interest through the annual percentage rate, or APR. Some cards will offer a 0% APR introductory rate— as long as you are confident in keeping your purchases to the minimum, you won’t accrue interest for the promotional period. This sounds like an easy win, but make sure you know what the APR will be after than promotional period. It may cost you more in the long run.

Payout Timelines and Styles

Some cards require a certain amount of earnings before redemption; others let you redeem as little as a penny. Which works better for you? A system that forces you to save, or knowing you can access your funds whenever you need them?

Different cards have different redemption styles. Some apply the cash to your statement, others offer gift cards or direct deposits, and still more offer the choice. Which payout option would you prefer?

Reward Rates

Cashback rewards come in three styles: flat-rate, tiered, and bonus category. With flat-rates, you earn the same amount no matter what you purchase— typically around 2%. Tiered rewards certain spending categories more than others, such as 5% back for gas and 3% for groceries, but only 1% back for entertainment. Bonus category chooses one type of spending to reward more than all the others. Tiers tend to limit how many rewards you can earn, while Bonus often require manual activation of the bonuses.

Cash Back Credit Cards – AMEX, Bank of America, Chase for 2020

Review Top Perks, Points and Promotional Sign Up Credit Cards for 2020

Your main focus in all of this should be your personal finances. What cards work for your habits? Which APRs fit in your budget? Do the tiered programs meet your spending habits, or is the stable flat-rate a better choice? Do the bonus categories touch on categories or providers you use often? Keep in mind your budget and what you can spend and pay to keep your statement down.

Be aware of your credit score. If you start applying for cards and are declined, your credit takes the hit. Checking your own score does not carry that consequence. Research what cards require what numbers before you start applying.

Searching for additional articles and ideas on credit cards and cash back offers for 2019? Check out these posts

Washington Post
NBC News
Yahoo Finance

Finally, take your time. Companies always pressure decisions, warning of expiring deals, but another offer will come— wait until you are confident in the card attached.

American Express Cards

Amex EveryDay® Credit Card
American Express® Green Card
Blue Cash Everyday® Card
Blue Cash Preferred® Card
Gold Delta SkyMiles® Credit Card
Hilton HHonorsTM Card from American Express
Platinum Card® from American Express
Platinum Delta SkyMiles® Credit Card
Premier Rewards Gold Card

Bank of America

BankAmericard Cash Rewards™
BankAmericard Travel Rewards®
BankAmericard® Better Balance Rewards™
BankAmericard Cash Rewards™ Students
MLB® credit card
Royal Caribbean®
Susan G. Komen®

Barclay Credit Cards

Barclaycard Arrival Plus™ World Elite MasterCard®
Barclaycard CashForward™ Mastercard
Barclaycard Rewards MasterCard®
Barclaycard Ring MasterCard®
Barclaycard Visa® with Apple Rewards Card
Hawaiian Airlines® Business MasterCard®

Capital One

Journey® Student Rewards
Quicksilver® Rewards
QuicksilverOne® Rewards
Spark® cash back rewards
Spark® miles rewards
Venture® Rewards
VentureOne® Rewards

Chase Rewards
Chase Freedom
Chase Ink Cash
Chase Ink Plus
Chase Sapphire Preferred
Chase Slate
Disney Premier Visa
Marriott Rewards
The Ritz-Carlton Rewards
Southwest Airlines
United MileagePlus


Citi® / AAdvantage® Platinum Select® MasterCard®
Citi® / AAdvantage® Gold MasterCard®
CitiBusiness® / AAdvantage® Platinum Select® World MasterCard®
Citi® Diamond Preferred® Card
Citi® Double Cash Card
Citi® Hilton HHonorsTM Visa Signature®
Citi Prestige® Card
Citi Simplicity® Card
Citi ThankYou® Preferred Card
Citi ThankYou® Preferred Card for College Students


PenFed Premium Travel Rewards American Express® Card
PenFed Platinum Rewards VISA Signature® Card
PenFed Promise Visa® Card
PenFed Gold Visa® Card