2013 Recapping The Best New Credit Cards This Year
Our friends from the 2013 best credit cards brought up a great topic and story about the best new cash back credit cards offered in 2013, we overview five of the most popular cards this year.
Cash-back credit cards give back in rebates a percentage of what the card holder spends like a discount on each purchases. Most cash-back credit cards have no annual fee.
Blue Cash Preferred from American Express is one of the best cash-back credit cards for those with very good to excellent credit. They get 6% cash back on purchases up to $6,000in USA stand-alone supermarkets, 1% thereafter, 3% cash back on gas purchases in USA stand-alone gas station and select major department store purchases, and 1% cash back on all other eligible purchases. The cash back is a statement credit redeemable for reward dollars with no rotating categories, no minimum spending amount, and no enrollment necessary. Blue Cash Preferred also offers a 0% introductory annual percentage rate (APR) on purchases and balance transfers for up to 15 months and $150 cash back on $1,000 of purchases in the first three months. Annual fee is $75.
Discover it Card is also one of the best for cash back, 5% on quarterly rotating categories (gas, department stores, travel, etc), unlimited 1% cash back on everything else. Discover it Card offers a 0% introductory APR on purchases and balance transfers for 14 months. Cash rebates can double in value if redeemed for gift cards at 100+ partner stores. As examples, a $40 rebate can be redeemed for a $80 Carnival Cruise or a $100 certificate from Hyatt Hotels & Resorts, a $20 rebate for a $40 Samsonite gift card!
Chase Freedom Visa, issued by JPMorgan Chase, gives 5% cash back on quarterly rotating categories. This October-December 2013 quarterly category gives 5% cash back on Amazon.com and select department stores up to $1,500 after a sign-up activates the category, 1% cash back on everything else, and a $100 check after $500 in purchases within the first three months.
Citi Dividend Platinum Select, also one of the best cash-back cards in the USA, offers a $100 bonus on $500 in purchases within the first three months, 5% cash back on quarterly rotating categories, 1% cash back on all other purchases (up to 5% at specially-selected merchants), and a 0% introductory APR on purchases and balance transfers during the first 12 months.
BankAmericard Cash Rewards™ Credit Card with no annual fee pays a $100 cash-back bonus after a qualifying purchase, 2% cash back at grocery stores and 3% on gas on the first $1,500 in combined grocery-gas purchases each quarter, and 1% cash back on all other purchases. There is no need to enroll in a rewards program to receive cash back. Cash back doesn’t expire and can be redeemed as a statement credit, a check, or a deposit into any checking or savings account. There is a 0% intro APR on purchases and qualifying balance transfers for 12 monthly billing cycles. Balance transfers must take place within the first 60 days of the account. Balance transfer fees are 3% of each transaction.