One cannot survive just on liquid cash; the credit card has become an important part of our lives. You can use the cash back feature of credit cards to save money on everyday purchases. Unlike other perks offered by credit cards, such as payback points and flyer miles, cash back offers are simpler to understand and more appealing, hence preferred by most customers. Mentioned below are the top 5 cash back credit card offers in the year 2016. So compare the options given below and decide for yourselves as to which card best meets your requirement!
It is the most profitable choice because it offers you a hefty bonus of $200 on spending a minimum amount of $500 the first three months. And that’s not all! You don’t have to pay any interest on the items purchased and you also need not pay any annual fees as well. It also offers 1% cash back on all everyday items. Add to that list select 5% cash back opportunities all year round and you’ve got yourself a winner!
Capital One Quick Silver
Here you get an attractive bonus of $100 on purchasing items worth $500, valid for only the first three months. The best part about the Capital One Quick Silver card is the impressive 1.5% cash back that you get on every purchase. You need not pay any interest on the items purchased and other balance transfers for the first year.
If you are a loyal customer of Discover, then there’s some good news for you! If you have a Discover IT card you get the advantage of not paying any interest on your purchases as well as 1% cash back on all purchases. It has also launched a new promotional offer in which the customers get a FICO score free of charge with their monthly statement. Excited to know more? Check out this guide, and get a clearer picture.
Citi Double Cash
A favourite among the customers, the Citi Double Cash card was recently launched by Citigroup in September and has made its way quickly among the top cash back credit cards of 2016. The best part about this card is the fact that it doubles up the cash back when you pay for the purchase. Suppose you buy a product and get 1% cash back on your purchase, on making the payment you will again receive a cashback of 1%. Hence the amount you saved gets doubled!
The Chase Slate credit card holders don’t have to pay any interest on their purchase for the first 15 months. They need not pay the annual fees as well. It is also the only balance transfer credit card that does not charge a transfer fee at zero percent. Recommended by many customers for its excellent customer services, the Chase Slate is one strong competitor and an indispensable part of the top cash credit card list.