As consumers become increasingly savvy with their spending habits, cash back credit cards have gained immense popularity. Not only do they offer a convenient way to make purchases, but they also reward users with a percentage of their spending in the form of cash back. With various credit cards flooding the market, it’s essential to know which ones offer the best cash back rewards. In this article, we will delve into the best cash back credit cards of June 2023.
1. Chase Freedom Unlimited:
The Chase Freedom Unlimited credit card has consistently been a favorite among cash back enthusiasts. It offers a whopping 1.5% cash back on all purchases, making it an ideal choice for everyday spending. Additionally, new cardholders can earn a generous sign-up bonus, which adds to the card’s appeal. The Chase Freedom Unlimited card has no annual fee, making it even more attractive for those seeking cash back rewards without the burden of extra charges.
2. Citi Double Cash:
The Citi Double Cash credit card is another top contender when it comes to cash back rewards. Users earn an impressive 2% back on every purchase—1% when making the purchase and another 1% when paying it off. This straightforward earning structure makes it easy for cardholders to accumulate cash back. Moreover, the Citi Double Cash card charges no annual fee, adding to its appeal. With its competitive cash back rate and user-friendly features, it remains a popular choice for many consumers.
3. American Express Blue Cash Preferred:
The American Express Blue Cash Preferred credit card is tailored towards individuals who spend heavily on groceries and streaming services. With an incredible 6% cash back at supermarkets, users can quickly accumulate rewards on their grocery bills. Additionally, cardholders can enjoy 6% cash back on eligible streaming services, 3% at gas stations, and 1% on all other purchases. Although it does come with an annual fee, the enticing cash back rates more than make up for it. For individuals who frequently spend in these categories, the American Express Blue Cash Preferred is an excellent choice.
4. Discover it Cash Back:
The Discover it Cash Back credit card offers an exciting cash back feature for those who enjoy rotating categories. Cardholders can earn up to 5% cash back on specific categories that change each quarter, such as grocery stores, restaurants, or gas stations. This rotating feature allows consumers to tailor their spending to maximize their cash back rewards. Furthermore, Discover matches all earned cash back at the end of the first year for new cardholders, doubling the rewards. With no annual fee and a flexible cash back program, the Discover it Cash Back card is worth considering.
In conclusion, the best cash back credit cards of June 2023 offer a range of enticing features and rewards. Whether you prefer a flat cash back rate, category-specific rewards, or a mix of both, these credit cards cater to various spending habits. When selecting a cash back credit card, it’s important to consider your personal spending patterns and choose the card that aligns with your lifestyle. By leveraging the benefits of these cash back credit cards, consumers can make every purchase a rewarding experience.