Table of Contents
10 Best Credit Cards Cash Back in May- June 2022
Credit Cards are essential and will be for Americans. However, it is essential to have some of the best credit cards for cashback.
This article will discuss the ten best credit cards for cashback in May-June 2022.
Best Credit Cards 2022
Let’s take the best cashback and rewarding credit cards you should have in May-June 2022.
Citi Double Cash Card
Citi Double Cash does not provide a signup bonus; its cashback benefits are compelling enough to open an account: Earn 2% on every purchase, with unlimited 1% cashback when you buy and an additional 1 % as you pay for those purchases. It should be noted that rewards are earned in the form of statement credits.
The card doesn’t have any unique benefits. Still, it does have at least one significant benefit for cardholders who have a balance on another card: It promises a 0% introductory APR on Balance Transfers for 18 months (a 13.99% – 23.99% (Variable) APR applies after that), provided transfers are completed within four months of opening an account.
The Double Cash Card has a higher interest rate than other cash back cards, but this shouldn’t be a problem if you pay your bill in full each month. In addition, there are no annual or foreign transaction fees. It also includes a free Credit Scorecard.
Wells Fargo Active Cash
The Wells Fargo Active Cash Card offers 2% cashback on purchases, one of the market’s highest cashback earning rates that do not vary by spending category.
Moreover, Wells Fargo Active Cash also includes a $200 cash rewards bonus after spending $1,000 in the first 3 months, as well as a $0 annual fee. To be eligible for this card, you must have good or better credit.
Capitals One Walmart Rewards Mastercard
If you’re looking for a credit card to help you save money, the Capital One Walmart Rewards Mastercard is a good option. The credit card is intended for people who shop at Walmart regularly. It has a lot of advantages to offer its users. For example, you will receive 6% cashback on purchases made at Walmart.
Assume you frequently shop at Walmart. In that case, this credit card can help you save a lot of money. Six percent may not seem like much, but if you spend several thousand dollars at Walmart each year, six percent can quickly add up.
Furthermore, if you use your card to make Walmart purchases, you will receive an additional 3% cashback. This is one of the best feature because it allows you to get an even more significant discount.
Discover It Chrome
This card offers reasonable rewards, a low APR, a generous welcome bonus, and a little something extra for cardholders who maintain good grades, making it an all-around excellent credit card for students.
In addition to a little extra cashback on restaurant meals and gas-station refills, Discover will double all cash back earned in your first year for an unusual (but generous) new-cardholder bonus.
Every year your GPA exceeds 3.0, you receive a $20 bonus (for up to five years). This card also distinguishes itself from other student cards by waiving the first late fee. Of course, you should strive to make on-time payments, but it’s nice to know you won’t have to pay an extra fee for a one-time blunder as you learn the ins and outs of credit building.
Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards Visa Credit Card is a credit card linked to your Amazon Prime membership. It is a rewards card available to Amazon Prime members. It has a very high rate of reward on Amazon purchases.
The Amazon Prime Rewards Visa Credit Card rewards Prime members for everyday purchases made anywhere.
It provides 5% cashback on Amazon purchases and 2% cash back at restaurants, gas stations, and pharmacies. It also provides a $70 Amazon gift card as a signup bonus when spending $1,000 in the first 3 months of credit card membership.
The card has a normal rewards rate for most purchases that is currently the highest in the market. In addition, the card comes with a no-annual-fee introductory promotion, which makes it very appealing; however, the promotion is only temporary, and the card’s benefits will be lost after a year.
Blue Cash Everyday
Blue cash Every day is the best cash-back credit cards on the market is American Express’s Blue Cash Everyday Card. All purchases purchased at supermarkets and gas stations offer an unlimited 3% cashback. For the first 15 months, this card has a 0% APR.
You’ll also get 3% cash back at supermarkets, 2% cash back at gas stations and select department stores, and 1% cashback on everything else. Furthermore, after making at least $1000 in purchases within the first three months of opening your account, you’ll receive a $50 bonus cash back as a statement credit.
The AmEx Blue Cash Everyday Credit Card is an excellent way to improve your credit score. If you spend at least $1000 in your first three months as a new cardholder, you’ll get a $50 cashback bonus.
Capital One SavorOne Cash Rewards Credit Card
With the Capital One SavorOne Cash Rewards Credit Card, you can earn cashback rewards on groceries, dining, gas, and other everyday purchases without having to sign up for anything. This card is great for grocery shopping, gas, and other everyday purchases. There are no points offered to redeem and no waiting periods for rewards because it is a cashback card. In addition, there is $0 annual fee with this card.
SavorOne is also a cashback rewards card that gives you 3% cashback on your first $6,000 spent at gas stations and grocery stores each year (then 1 percent ). After that, you’ll get a 10% bonus when you redeem your cashback, effectively bringing your rewards rate to 4%. In addition, the card offers 1% cashback on all other purchases.
Blue Cash Preferred
There are plenty of cash-back credit cards available that reward you for purchases you’d be making anyway. However, suppose you regularly spend more than $1,000 on groceries in US supermarkets. In that case, you should consider American Express’s new Blue Cash Preferred Card. Unlike most reward based credit cards, which offer 2 percent to 3 percent cash back on all purchases, the Blue Cash Preferred card offers 6 percent cash back at US grocery stores. It also offers 3% cash back on restaurants/cafe’s and 1% cashback on all other purchases.
This card is designed for people who shop at the grocery store frequently. You can earn 6% cash back on groceries, 3% cash back at restaurants, and 1% cashback on all other purchases.
This card has high rewards, but it isn’t the best choice for you if you eat out frequently or don’t eat out at all.
American Express Gold Card
It’s a standard charge card, which means users must pay the balance in full each month. The card resembles the Capital One Quicksilver in this regard. The annual fee for the American Express Gold is another factor to consider. The card has a $150 annual fee, which is somewhat excessive for a rewards card.
This card’s rewards program is also a little disappointing. The rewards system is a little confusing, and only a few reward options are available to users. There is a reward structure program for grocery purchases as well, but it isn’t very unusual at best. Overall, this card is underwhelming, especially given the high annual fee.
Your AMEX gold card can be used to purchase groceries. This card is ideal for frequent travelers who want access to exclusive benefits. Unfortunately, most grocery stores do not accept AMEX, but this is one exception. You can also use the American Express Blue Cash Preferred card at grocery stores.
Capital One SavorOne Rewards Credit Card
With the Capital One SavorOne Cash Rewards Credit Card, you can earn cashback rewards on groceries, dining, gas, and other everyday purchases without having to sign up for anything.
This card is great for grocery shopping, gas, and other everyday purchases. There are no points to redeem and no waiting periods for rewards because it is a cashback card. In addition, there is $0 annual fee with this card.
SavorOne is a cashback rewards card that gives you 3% cashback on your first $6,000 spent at gas stations and supermarkets each year (then 1 percent ). After that, you’ll get a 10% bonus when you redeem your cashback, effectively bringing your rewards rate to 4%. In addition, the card offers 1% cashback on all other purchases.
Conclusion and Overview
As we have come to an end, here is an overview of what we have read about the best credit cards for cashback 2022:
- The Double Cash Card has a higher interest rate than other cash back cards, but this shouldn’t be a problem if you pay your bill in full each month.
- Visa Signature Card for Amazon Prime Rewards The Amazon Prime Rewards Visa Signature Card is a credit card that works in conjunction with your Amazon Prime membership.
- The Amazon Prime Rewards Visa Signature Card rewards Prime members for everyday purchases.
- The card comes with a no-annual-fee introductory offer, which is very appealing; however, the offer is only valid for a limited time. After a year, the benefits of the card will be lost.
- Every day, there’s Blue Cash The American Express Blue Cash Everyday Card is one of the best cash-back credit cards on the market.
- Unlike most reward credit cards, which provide 2% to 3% cash back on all purchases, the Blue Cash Preferred card provides 6% cash back at US grocery stores.
- American Express Gold Card is a credit card issued by American Express. It’s a standard charge card, so users must pay off the entire balance each month.
- The card comes with a $150 annual fee, which is a little high for a rewards card.
For more updates, make sure to signup for our newsletter to keep yourself updated on the news around the world.