[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.]
Cash back credit cards often reward certain forms of spending more than others. But if your spending habits don’t heavily favor a specific purchase type, a card with the same cash back rate for all purchases could be the better choice.
How to Choose a Card with a Consistent Cash Back Value
If you’re choosing a credit card for its consistent cash back value, you’ll probably want the card that offers the best rewards rate on all purchases. Cards with 1.5% cash back for all purchases are commonplace, so don’t settle below that threshold. Some cards offer more, but they may require you to jump through extra hoops.
You should also review any available sign-up bonuses, as they can boost the initial value of the card. If you’re looking to avoid interest on purchases or balance transfers, look for 0% intro APR offers.
Remember that cash back cards should be paid off in full each month before interest is applied. Otherwise, interest can reduce the value of your rewards.
What Credit Is Required for a Card with Consistent Cash Back?
Cash back cards are available to consumers with a wide range of credit scores. While the best cards are usually reserved for those with excellent credit, those with bad credit aren’t necessarily locked out of rewards. No matter your credit standing, you should check your credit score before you apply. You can check your credit report for free at Credit.com.
Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly.
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