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DEMOCRATIZE FINANCIAL INDEPENDENCE TRENDING STORIES 4 Genius Hacks Amazon Shoppers Must Know Is A Recession Coming? 8 Things To Do ASAP TRENDING STORIES 4 Genius Hacks Amazon Shoppers Must Know Is A Recession Coming? 8 Things To Do ASAP * Make Money Make Money Overview Best Of * Best Side Hustles * Best Weekend Side Jobs * Best Side Hustles for Couples * Best Game Apps * Best Survey Sites * Best Sites for Remote Work Reviews * Solitaire Cash Review * Bingo Clash Review * Survey Junkie Review * Shipt vs Instacart Guides * Legit Ways to Make Money * Earn Money Delivery Groceries * Side Hustles for Introverts * How to Resell * Earn Money Watching Videos * Low-Cost Franchise Opportunities * How to Start a Blog * Credit Cards Credit Cards Overview Best Of * Best Credit Cards of 2023 * Best Rewards Credit Cards * Best Cashback Credit Cards * Best Travel Credit Cards * Best Business Credit Cards * Best Balance Transfer Credit Cards * Best 0% Intro APR Credit Cards * Best Secured Credit Cards Reviews * Wells Fargo Active Cash Review * BankAmericard Review * Citi Double Cash Review * Chase Ink Cash Review * Capital One Quicksilver Review * Citi Premier Review * Amex Blue Cash Everyday Review * Chase Freedom Unlimited Review * More Credit Card Reviews Guides * Getting Your First Credit Card * How Balance Transfers Work * Best Credit Cards for Gas * Best Credit Cards for Groceries * Best Travel Cards for Beginners * Credit Cards With TSA PreCheck * Credit Cards Costco Accepts * Cash Back vs Miles * Investing Investing Overview Best Of * Best Robo Advisors * Best Online Brokers * Best Investment Apps Reviews * Stash Review * Robinhood Review * TD Ameritrade vs Robinhood * M1 Finance Review * Masterworks Review * Wealthfront Review Guides * How to Make Passive Income * Real Estate Investing 101 * How to Save for Retirement * FIRE Movement Guide * Can You Lose More Than You Invest? * Micro Investing Guide * What is Passive Income? * Manage Money Manage Money Overview Best Of * Best Budgeting Apps * Best Money-Saving Apps * Best Tax Software Reviews * Rocket Money Review * Rocket Money vs Mint * Capital One Shopping Review * Capital One Shopping vs Honey Guides * Budgeting 101 * What's a Good Credit Score? * How to Manage Your Money * How to File Taxes * Earn Cash Back at Walmart * Earn Cash Back at Target * How to Save Money * Banking Banking Overview Best Of * Best Banks * Best Savings Accounts * Best Certificates of Deposit (CDs) * Best Checking Accounts * Best Paycheck Advance Apps Reviews * Amex Savings Review * Chime Bank Review * Greenlight Review * Wealthfront Cash Account Review * Marcus Online Savings Review Guides * What is a High-Yield Savings Account? * Banks With No International ATM Fees * How Online Savings Accounts Work * Checking vs Savings Accounts * How to Choose the Best Savings Account * Insurance Insurance Overview Best Of * Best Life Insurance * Best Car Insurance * Best Homeowners Insurance * Best Renters Insurance * Best Pet Insurance Reviews * Quotewizard Review * Provide Insurance Review Guides * How to Save Money on Car Insurance * Lower Your Car Insurance * How to Switch Car Insurance * How Life Insurance Works * How Much Life Insurance You Need * Medicare Open Enrollment Guide * Loans Loans Overview Best Of * Best Personal Loans * Best Student Loan Refinancing * Best Mortgage Lenders * Best Home Improvement Loans Reviews * AmOne Loan Review * Credible Personal Loan Review * Upgrade Personal Loan Review * Fiona Review Guides * How to Combine Loans * How Personal Loans Work * How to Get a Personal Loan * HELOC vs Home Equity Loan * How Much House Can You Afford? * New Home Buying Guide * Debt Help Debt Help Overview Best Of * Best Credit Repair Companies * Best Credit Counseling Companies * Best Debt Consolidation Companies Reviews * National Debt Relief Review * Freedom Debt Relief Review * National Debt Relief vs Freedom Debt Relief * LoansUnder36 Review Guides * Government Debt Relief Programs * Credit Card Debt Consolidation * Debt Settlement Guide * What is Debt Consolidation? * How to Refinance Credit Card Debt * Credit Repair 101 * Bankruptcy Guide TRENDING STORIES * Make Money 13 LEGIT WAYS TO MAKE EXTRA CASH * Insurance 6 SMART STRATEGIES TO SAVE MONEY ON CAR INSURANCE THESE 3% CASHBACK CREDIT CARDS WILL MAKE YOUR WALLET 3% THICKER CREDIT CARDS - CASHBACK CREDIT CARDS What if you could earn money back on all your purchases? You could be leaving hundreds of dollars on the table each year right now. Last updated June 27, 2023 | By Miranda Marquit We may receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies. When making a purchase, there’s a good chance you’re using cash. In fact, according to a recent FinanceBuzz survey on how Americans pay for purchases, millennials are likely to have paid for something with cash in the last month. Additionally, millennials and Gen Xers are more likely to use a debit card than a credit card when paying for purchases. But what if those spending habits mean you’re leaving money on the table? You might be surprised to discover how much you could be earning each time you swipe — when you responsibly use the right cashback credit card. Imagine that you could earn at least 3% cash back just by using a credit card. Here’s how to do it and the best 3% cashback credit cards we can recommend. In this article * How cashback rewards work * Compare credit cards that earn (at least) 3% cash back * Blue Cash Preferred® Card from American Express * Citi Custom Cash℠ Card * Chase Freedom Flex℠ * Capital One SavorOne Cash Rewards Credit Card * Chase Freedom Unlimited® * Multiple cashback cards could get you 3% cash back more often * The bottom line on cashback credit cards HOW CASHBACK REWARDS WORK When you use a cashback rewards card, you get some of your purchase amount back. If you have a card that gives you 3% cashback rewards on gas and you spend $200 on gas this month, you’ll receive $6 back. That might not seem like a lot, but think about all the other purchases you make. For example, the average consumer spent $17,684 on food and transportation in 2018, according to the Bureau of Labor Statistics. If you’d earned 3% cash back on all of those purchases, that'd be $530.52 extra in your bank account. Sounds good, right? As long as you pay off your balance each month so you aren’t paying interest, cashback rewards provide you with a way to get a little extra money. And many people like the idea (and the simplicity) of getting cold, hard cash back instead of earning miles or points with one of the best travel credit cards. While not every credit card offers a high rate of cash back, good cashback cards do exist. In this article, we’ll take a look at the best cashback credit cards offering at least 3% — and how to maximize their use. COMPARE CREDIT CARDS THAT EARN (AT LEAST) 3% CASH BACK Card name Card name Best for Welcome bonus Rewards rate Annual fee Blue Cash Preferred® Card from American Express Blue Cash Preferred® Card from American Express Groceries Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases $0 intro annual fee for the first year, $95 per year thereafter See rates and fees (Terms apply) Citi Custom Cash℠ Card Citi Custom Cash℠ Card Flexible categories Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening 5% cash back in your top eligible spending category each billing cycle (up to the first $500 spent, then 1% cash back), plus unlimited 1% cash back on all other purchases $0 Chase Freedom Flex℠ Chase Freedom Flex℠ Rotating categories Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening 5% cash back on rotating quarterly categories you activate (on up to $1,500 spent) and travel purchased through the Chase Ultimate Rewards portal; 3% cash back on drugstore purchases and dining at restaurants (including takeout and eligible delivery service); and 1% cash back on all other purchases $0 Capital One SavorOne Cash Rewards Credit Card Capital One SavorOne Cash Rewards Credit Card Dining and entertainment Earn a one-time $200 cash bonus after you spend $1,000 on purchases within the first 3 months from account opening 3% cash back on dining and at grocery stores (excluding superstores like Walmart® and Target®), popular streaming services, and entertainment; 5% back on hotels and rental cars booked through Capital One Travel; 8% cash back on Capital One Entertainment purchases; 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); and 1% cash back on all other purchases $0 Chase Freedom Unlimited® Chase Freedom Unlimited® Bonus offer Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and unlimited 1.5% cash back on all other purchases $0 BEST FOR GROCERIES: BLUE CASH PREFERRED® CARD FROM AMERICAN EXPRESS One of the most generous cashback cards out there, the Blue Cash Preferred® Card from American Express offers 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases. Plus, this welcome offer: Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months. That’s a fairly generous offer that only enhances the value of this card. Even though this card has a $0 intro annual fee for the first year, $95 per year thereafter, the expense can be well worth it. In fact, if you spend $6,000 on purchases at U.S. supermarkets during the year, you’ll be eligible for $360 in cash back in the form of statement credits — more than enough to offset the annual fee. Additional spending in other categories can make that cashback amount even bigger, making it one of the best credit cards for groceries. If you don’t like the annual fee, though, you still have the option of the Blue Cash Everyday® Card from American Express, which comes with a $0 See rates and fees annual fee and allows you to earn 3% cash back at U.S. supermarkets, U.S. gas stations, and U.S. online retail purchases (up to $6,000 per year on purchases in each category, then 1%); and 1% cash back on other eligible purchases. Read our full American Express Blue Cash Preferred review. BEST FOR FLEXIBLE CATEGORIES: CITI CUSTOM CASH℠ CARD With the Citi Custom Cash℠ Card, you can automatically earn generous cash back in the category of your choice. It offers 5% cash back in your top eligible spending category each billing cycle (up to the first $500 spent, then 1% cash back), plus unlimited 1% cash back on all other purchases. Spending categories include restaurants, gas stations, grocery stores, qualifying travel and streaming subscriptions, drugstores, home improvement stores, and fitness centers. With this card, you reap the benefits of bonus cash back in your highest spending category — it's simple and flexible. This card has a $0 annual fee, and cardmembers can earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. Read our full Citi Custom Cash Card review. BEST FOR ROTATING CATEGORIES: CHASE FREEDOM FLEX℠ With the Chase Freedom Flex℠, you can earn 5% cash back on rotating quarterly categories you activate (on up to $1,500 spent) and travel purchased through the Chase Ultimate Rewards portal; 3% cash back on drugstore purchases and dining at restaurants (including takeout and eligible delivery service); and 1% cash back on all other purchases. Each quarter, the Chase Freedom Flex offers different spending categories. You’ll want to check the calendar each quarter to see which purchases provide a higher earnings rate. For example, one quarter might result in bonus cash back at gas stations and home improvement stores, while another might earn extra cash back at wholesale clubs and on select streaming services. Just be aware of the quarterly maximum. This card also comes with a $0 annual fee, and a welcome bonus: Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening. Read our full Chase Freedom Flex review. BEST FOR DINING AND ENTERTAINMENT: CAPITAL ONE SAVORONE CASH REWARDS CREDIT CARD If you do a lot of your spending on dining and entertainment, the Capital One SavorOne Cash Rewards Credit Card might be the right choice for you. Cardholders get 3% cash back on dining and at grocery stores (excluding superstores like Walmart® and Target®), popular streaming services, and entertainment; 5% back on hotels and rental cars booked through Capital One Travel; 8% cash back on Capital One Entertainment purchases; 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); and 1% cash back on all other purchases. On top of that, you can earn a one-time $200 cash bonus after you spend $1,000 on purchases within the first 3 months from account opening of account opening. If you don’t mind paying an annual fee of $95, you can get the Capital One Savor Cash Rewards Credit Card instead, which offers 10% cash back on purchases made through Uber & Uber Eats (through 11/14/2024); 8% cash back on Capital One Entertainment; 4% cash back on dining, entertainment, and select streaming services; 3% at grocery stores (excluding superstores such as Walmart® and Target®), and 1% cash back on all other purchases. Plus, you can earn a $300 cash bonus after spending $3,000 in the first 3 months. Read our full Capital One SavorOne Cash Rewards Card review. BEST BONUS OFFER: CHASE FREEDOM UNLIMITED® The Chase Freedom Unlimited® offers generous cash back in several popular spending categories, but its easy-to-earn welcome bonus is what makes it really stand out: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back. This could be valuable if you want to earn big cash back on your everyday purchases. In addition to its welcome bonus, this card also offers 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service and unlimited 1.5% cash back on all other purchases. The Freedom Unlimited comes with a $0 annual fee and has the benefit of a 0% introductory APR (annual percentage rate) offer for 15 months (then 20.24% - 28.99% Variable) on new purchases. If you want to earn a sweet welcome offer and cashback rewards while paying off a large purchase, this card might not be a bad choice. Read our full Chase Freedom Unlimited review. MULTIPLE CASHBACK CARDS COULD GET YOU 3% CASH BACK MORE OFTEN If you really want to make the most of your cashback cards, it makes sense to create a strategy where you use multiple credit cards based on when you’re most likely to get maximum rewards. To make this work, you need to have an idea of your spending and look ahead to see when rotating categories are scheduled. For example, you might get the American Express Blue Cash Preferred and plan to spend the maximum $6,000 at U.S. supermarkets. However, you know you’ll probably spend more than $6,000 in groceries for the entire year, so maybe you check to see which quarter your Chase Freedom Flex Card is offering a 5% cashback category that includes online stores where you could buy groceries. For that quarter, you use the Chase card, and the rest of the time, you use the Amex Blue Cash Preferred. Once you reach the $6,000 limit for the Amex Blue Cash Preferred and the relevant quarter has passed with Chase, you can use another card to keep getting 2% on groceries. HOW TO CHOOSE A CASHBACK CREDIT CARD There’s no one right card or way to get at least 3% cash back with a credit card. In fact, the best cashback credit card (or cards) you use depends on your priorities and expectations. Before choosing a new card, make sure you review your own spending habits in addition to card details. What categories are you most likely to spend in? Where does your money go each month? Could you make the most cash back on groceries? Or a different spending category? When you understand how you use your money, you’re more likely to make a decision that makes sense for you. Keep in mind that your credit history will play a role in the card you're able to get, too. Many of the best cashback credit cards require a good to excellent credit score, including several of the cards we've mentioned above. If you're working toward improving your creditworthiness, check out the best credit cards for fair credit. It’s also important to be honest with yourself regarding how likely you are to be organized about your credit card spending. For example, while getting 5% in rotating categories might be nice, you might not want the hassle of remembering to log in each quarter to register for the higher earnings. You may be better off getting a couple of different cards that offer higher year-round tiers in your most-used categories or opting for a flat-rate cashback card instead. On the other hand, for some consumers, creating a list of when they can get the best cashback rewards is a fun hobby and worth a little extra time. There’s nothing wrong with either approach. Just know who you are and what works best for you. THE BOTTOM LINE If you get involved in cashback rewards, it’s vital you only spend what you plan to. Don’t make extra purchases just to get the cash back. If you end up carrying a balance, there’s a good chance the interest charges you pay will end up offsetting any rewards you earn. Create a spending plan and then make sure you only use your credit cards to buy what you planned — and pay off the balance each month. Once you get into the habit of maximizing your cashback rewards, you’ll be surprised at the benefits. #1 CASH BACK AT SUPERMARKETS BLUE CASH PREFERRED® CARD FROM AMERICAN EXPRESS BLUE CASH PREFERRED® CARD FROM AMERICAN EXPRESS Learn How to Apply See rates and fees CURRENT OFFER Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months ANNUAL FEE $0 intro annual fee for the first year, $95 per year thereafter REWARDS RATE 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases Benefits and Drawbacks BENEFITS * Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months * 6% cash back on U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services * 3% cash back at U.S. gas stations and eligible transit * Introductory APR for purchases and balance transfers * Annual fee of $0 intro annual fee for the first year, $95 per year thereafter. Terms apply. DRAWBACKS * Has foreign transaction fee Card Details * Earn a $250 statement credit after spending $3,000 on purchases in the first 6 months * 6% cash back at U.S. supermarkets (for first $6,000 per year, after that 1%) and on select U.S. streaming services, 3% cash back at U.S. gas stations and on eligible transit, and 1% cash back on other eligible purchases * Intro purchase 0% APR offer: 0% for 12 months then 18.99% - 29.99% Variable * Intro balance transfer 0% APR offer: 0% for 12 months then 18.99% - 29.99% Variable * Terms apply Author Details Miranda Marquit Miranda Marquit has been covering money for more than a decade and is a nationally-recognized financial expert and journalist, appearing on CNBC, NPR, Forbes, Yahoo! Finance, FOX Business, and numerous other outlets. More posts from Miranda Marquit > BUILD WEALTH LIKE THE 1% Get jargon-free money news delivered to your inbox. SUBSCRIBE TO WORTHY By submitting this form you agree to receive emails from FinanceBuzz and to the privacy policy and terms RELATED READING * CREDIT CARDS SUMMER BLOCKBUSTERS BY THE NUMBERS: A 61% DECLINE SINCE 2013? * CREDIT CARDS BEST TRAVEL CREDIT CARDS FOR HONEYMOONS [2023]: SAVE ON FLIGHTS AND HOTEL STAYS * CREDIT CARDS IS THE PLATINUM CARD® FROM AMERICAN EXPRESS WORTH THE $695 SEE RATES AND FEES YEARLY FEE? * CREDIT CARDS CAPITAL ONE VENTURE X REWARDS CREDIT CARD VS. THE PLATINUM CARD® FROM AMERICAN EXPRESS [2023]: THE VENTURE X REIGNS SUPREME MAKE MOVES. Copyright © 2023 FinanceBuzz 111 E. Atlantic Ave., Suite 200 Delray Beach, FL 33444 * About * Press * Work for Us * Our Contributors * Contact Us * Subscribe To see the rates and fees for the American Express cards featured, please visit the following links: Blue Cash Preferred® Card from American Express: See Rates and Fees; Blue Cash Everyday® Card from American Express: See Rates and Fees; Details about Capital One Savor Cash Rewards Credit Card, Chase Freedom Flex℠ have been collected by FinanceBuzz editors. This information, including rates and fees, is accurate as of the date of the review and was not reviewed or approved by the issuer. FinanceBuzz does not receive commission for these products. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved or otherwise endorsed by these entities. FinanceBuzz has partnered with CardRatings for our coverage of credit card products. 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