Top Cash Back Credit Cards to Look Out for in 2023

Cash back credit cards have become increasingly popular in recent years, as they offer cardholders a way to earn rewards on their everyday spending. These cards offer cash back in the form of statement credits, direct deposits, or checks, which can be used to offset the cost of purchases, pay off debt, or save for the future. With so many cash back credit cards on the market, it can be overwhelming to choose the right one. However, there are several cash back credit cards to look out for in 2023 that offer attractive rewards, low fees, and other benefits.

One cash back credit card to consider in 2023 is the Citi Double Cash card. This card offers 2% cash back on all purchases – 1% when you buy and 1% when you pay for those purchases. This means that cardholders can earn cash back on all of their spending, without any limits or categories to track. Additionally, the card has no annual fee and offers a 0% APR on balance transfers for 18 months, making it a great option for those looking to consolidate their debt.

Another cash back credit card to look out for in 2023 is the Chase Freedom Flex card. This card offers 5% cash back on rotating categories each quarter, such as gas stations, grocery stores, and restaurants, and 1% cash back on all other purchases. Additionally, the card has no annual fee and offers a $200 sign-up bonus when you spend $500 in the first three months of opening the account. The card also offers a 0% APR on purchases and balance transfers for 15 months.

The Blue Cash Preferred card from American Express is another cash back credit card to consider in 2023. This card offers 6% cash back on up to $6,000 per year in purchases at U.S. supermarkets, 3% cash back at U.S. gas stations and on transit, and 1% cash back on all other purchases. Additionally, the card offers a $250 statement credit when you spend $1,000 in the first three months of opening the account, and a 0% APR on purchases and balance transfers for 12 months. The card does have a $95 annual fee, but for those who spend a lot on groceries and gas, the rewards can easily offset the fee.

The Capital One Quicksilver Cash Rewards card is another cash back credit card to consider in 2023. This card offers 1.5% cash back on all purchases, with no limits or categories to track. Additionally, the card offers a $200 sign-up bonus when you spend $500 in the first three months of opening the account. The card has no annual fee and offers a 0% APR on purchases and balance transfers for 15 months.

In conclusion, cash back credit cards offer a great way to earn rewards on everyday spending, and there are several cards to look out for in 2023. By carefully considering the rewards, fees, and other benefits of each card, consumers can choose the cash back credit card that best suits their needs and preferences. Whether you’re looking for a card with no annual fee, rotating categories, or high cash back on specific purchases, there’s a cash back credit card out there for everyone.