5 Credit Cards with Consistent Cash Back Rates for Every Purchase

Credit cards are a super convenient financial tool, but they can often be confusing.

[Disclosure: Cards from our partners are reviewed below.]

Cash back credit cards often reward certain forms of spending more than others. But if your spending habits don’t heavily favor a specific purchase type, a card with the same cash back rate for all purchases could be the better choice.

Here are five credit cards that provide consistent cash back no matter what you’re buying.

1. Citi Double Cash Card

Rewards: 1% cash back on purchases with an additional 1% cash back upon payment.

Sign-Up Bonus: None

Annual Fee: $0

Annual Percentage Rate (APR): 0% APR for 18 months on balance transfers, then variable 14.49% to 24.49% APR; variable 14.49% to 24.49% APR on purchases.

Why We Picked It: For each paid purchase, you get 2% cash back.

For Every Purchase: All purchases automatically earn 1% cash back, and an additional 1% is awarded once you pay. In other words, you have the potential to earn double cash back on everything.

Drawbacks: If you don’t pay your minimum due each month, you won’t earn your full cash back.

2. Chase Freedom Unlimited Credit Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $150 bonus cash back if you spend $500 in the first three months.

Annual Fee: $0

APR: 0% APR for 15 months on purchases and balance transfers, then variable 15.99% to 24.74% APR.

Why We Picked It: You get a solid cash back rate on every purchase.

For Every Purchase: You’ll earn unlimited 1.5% cash back with every purchase you make. There’s also a $150 sign-up bonus with a low spending requirement.

Drawbacks: The balance transfer fee is 5% of the transfer amount with a minimum of $5, which many other cards can beat.

3. Wells Fargo Cash Wise Visa Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $200 bonus cash back if you spend $1,000 in the first three months.

Annual Fee: $0

APR: 0% APR for 12 months on purchases and balance transfers, then variable 13.99% to 25.99% APR based on your credit.

Why We Picked It: This card offers cash back on all purchases and a big sign-up bonus.

For Every Purchase: All purchases earn 1.5% cash back. There is a 1.8% cash back incentive for mobile wallet purchases, but that rate reverts to 1.5% after one year. And if you can spend $1,000 in the first three months, you’ll get a nice $200 sign-up bonus.

Drawbacks: For some, the spending requirement for the sign-up bonus may be out of reach.

4. Capital One QuicksilverOne Cash Rewards Credit Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: None

Annual Fee: $39

APR: Variable 24.99% APR.

Why We Picked It: Good cash back rates aren’t limited to those with excellent credit.

For Every Purchase: Those with average credit can earn a competitive 1.5% cash back rate on every purchase.

Drawbacks: The starting APR is quite high, which is normal considering the lower credit requirements. There’s also a $39 annual fee.

5. Barclaycard CashForward World MasterCard

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $200 bonus cash back if you spend $1,000 in the first 90 days.

Annual Fee: $0

APR: 0% for 15 months on purchases and balance transfers, then variable 15.99%, 20.99%, or 25.99% APR based on your credit.

Why We Picked It: This card has a decent cash back rate and offers extra value as you redeem.

For Every Purchase: All purchases earn 1.5% cash back. When you redeem, 5% of the redemption amount is credited back into your account, giving your earnings a little boost every time you cash in your rewards.

Drawbacks: You must have at least $50 in cash back earnings before you can redeem.

How to Choose a Card with a Consistent Cash Back Value

If you’re choosing a credit card for its consistent cash back value, you’ll probably want the card that offers the best rewards rate on all purchases. Cards with 1.5% cash back for all purchases are commonplace, so don’t settle below that threshold. Some cards offer more, but they may require you to jump through extra hoops.

You should also review any available sign-up bonuses, as they can boost the initial value of the card. If you’re looking to avoid interest on purchases or balance transfers, look for 0% intro APR offers.

Remember that cash back cards should be paid off in full each month before interest is applied. Otherwise, interest can reduce the value of your rewards.

What Credit Is Required for a Card with Consistent Cash Back?

Cash back cards are available to consumers with a wide range of credit scores. While the best cards are usually reserved for those with excellent credit, those with bad credit aren’t necessarily locked out of rewards. No matter your credit standing, you should check your credit score before you apply. You can check your credit report for free at Credit.com.

At publishing time, the Citi Double Cash Card, Chase Freedom Unlimited Credit Card, Wells Fargo Cash Wise Visa Card, Capital One QuicksilverOne Cash Rewards Credit Card, and Barclaycard CashForward World Mastercard are offered through Credit.com product pages, and Credit.com is compensated if our users apply for and ultimately sign up for any of these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved, or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly.

Image: Peopleimages

The post 5 Credit Cards with Consistent Cash Back Rates for Every Purchase appeared first on Credit.com.

5 Credit Cards with Consistent Cash Back Rates for Every Purchase

Credit cards are a super convenient financial tool, but they can often be confusing.

[Disclosure: Cards from our partners are reviewed below.]

Cash back credit cards often reward certain forms of spending more than others. But if your spending habits don’t heavily favor a specific purchase type, a card with the same cash back rate for all purchases could be the better choice.

Here are five credit cards that provide consistent cash back no matter what you’re buying.

1. Citi Double Cash Card

Rewards: 1% cash back on purchases with an additional 1% cash back upon payment.

Sign-Up Bonus: None

Annual Fee: $0

Annual Percentage Rate (APR): 0% APR for 18 months on balance transfers, then variable 14.49% to 24.49% APR; variable 14.49% to 24.49% APR on purchases.

Why We Picked It: For each paid purchase, you get 2% cash back.

For Every Purchase: All purchases automatically earn 1% cash back, and an additional 1% is awarded once you pay. In other words, you have the potential to earn double cash back on everything.

Drawbacks: If you don’t pay your minimum due each month, you won’t earn your full cash back.

2. Chase Freedom Unlimited Credit Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $150 bonus cash back if you spend $500 in the first three months.

Annual Fee: $0

APR: 0% APR for 15 months on purchases and balance transfers, then variable 15.99% to 24.74% APR.

Why We Picked It: You get a solid cash back rate on every purchase.

For Every Purchase: You’ll earn unlimited 1.5% cash back with every purchase you make. There’s also a $150 sign-up bonus with a low spending requirement.

Drawbacks: The balance transfer fee is 5% of the transfer amount with a minimum of $5, which many other cards can beat.

3. Wells Fargo Cash Wise Visa Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $200 bonus cash back if you spend $1,000 in the first three months.

Annual Fee: $0

APR: 0% APR for 12 months on purchases and balance transfers, then variable 13.99% to 25.99% APR based on your credit.

Why We Picked It: This card offers cash back on all purchases and a big sign-up bonus.

For Every Purchase: All purchases earn 1.5% cash back. There is a 1.8% cash back incentive for mobile wallet purchases, but that rate reverts to 1.5% after one year. And if you can spend $1,000 in the first three months, you’ll get a nice $200 sign-up bonus.

Drawbacks: For some, the spending requirement for the sign-up bonus may be out of reach.

4. Capital One QuicksilverOne Cash Rewards Credit Card

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: None

Annual Fee: $39

APR: Variable 24.99% APR.

Why We Picked It: Good cash back rates aren’t limited to those with excellent credit.

For Every Purchase: Those with average credit can earn a competitive 1.5% cash back rate on every purchase.

Drawbacks: The starting APR is quite high, which is normal considering the lower credit requirements. There’s also a $39 annual fee.

5. Barclaycard CashForward World MasterCard

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $200 bonus cash back if you spend $1,000 in the first 90 days.

Annual Fee: $0

APR: 0% for 15 months on purchases and balance transfers, then variable 15.99%, 20.99%, or 25.99% APR based on your credit.

Why We Picked It: This card has a decent cash back rate and offers extra value as you redeem.

For Every Purchase: All purchases earn 1.5% cash back. When you redeem, 5% of the redemption amount is credited back into your account, giving your earnings a little boost every time you cash in your rewards.

Drawbacks: You must have at least $50 in cash back earnings before you can redeem.

How to Choose a Card with a Consistent Cash Back Value

If you’re choosing a credit card for its consistent cash back value, you’ll probably want the card that offers the best rewards rate on all purchases. Cards with 1.5% cash back for all purchases are commonplace, so don’t settle below that threshold. Some cards offer more, but they may require you to jump through extra hoops.

You should also review any available sign-up bonuses, as they can boost the initial value of the card. If you’re looking to avoid interest on purchases or balance transfers, look for 0% intro APR offers.

Remember that cash back cards should be paid off in full each month before interest is applied. Otherwise, interest can reduce the value of your rewards.

What Credit Is Required for a Card with Consistent Cash Back?

Cash back cards are available to consumers with a wide range of credit scores. While the best cards are usually reserved for those with excellent credit, those with bad credit aren’t necessarily locked out of rewards. No matter your credit standing, you should check your credit score before you apply. You can check your credit report for free at Credit.com.

At publishing time, the Citi Double Cash Card, Chase Freedom Unlimited Credit Card, Wells Fargo Cash Wise Visa Card, Capital One QuicksilverOne Cash Rewards Credit Card, and Barclaycard CashForward World Mastercard are offered through Credit.com product pages, and Credit.com is compensated if our users apply for and ultimately sign up for any of these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved, or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly.

Image: Peopleimages

The post 5 Credit Cards with Consistent Cash Back Rates for Every Purchase appeared first on Credit.com.

6 Credit Cards to Help Furnish Your First Apartment

Making the List

[Disclosure: Cards from our partners are reviewed below.]

Moving into your first apartment can be both thrilling and nerve-racking. It’s exciting to get a place of your own, but you’ve got to figure out how to afford all the stuff you need to make it a home—including furniture, appliances, and décor, not to mention the groceries.

The right credit card can help you earn cash back rewards, avoid interest on purchases, or do some combination of both.

Here are six credit cards to help you furnish your first apartment.

1. Costco Anywhere Visa Card by Citi 

Rewards: 4% cash back on up to $7,000 in eligible gas purchases per year; 3% cash back on dining and eligible travel purchases; 2% cash back at Costco and Costco.com; and 1% cash back on other purchases.

Sign-Up Bonus: None

Annual Fee: $0 (with a paid Costco membership)

Annual Percentage Rate (APR): 0% APR for seven months on purchases, then variable 16.24% APR; variable 16.24% APR on balance transfers. (Balance transfers must be made within two months of account opening.)

Why We Picked It: Costco members can earn cash back as they stock up on apartment goods.

For Your Apartment: This card earns 2% cash back on all Costco purchases, including appliances, furniture, lighting, and many other goods you may need for your new apartment. Purchases get 0% APR for seven months.

Drawbacks: You need a Costco membership (an annual cost of about $60) to access this card.

2. Discover it – Cashback Match

Rewards: 5% cash back on up to $1,500 per quarter for quarterly rotating bonus categories; 1% cash back on other purchases.

Sign-Up Bonus: Cash back match on all cash back earned in the card’s first year.

Annual Fee: $0

APR: 0% APR for 14 months on purchases and balance transfers, then variable 11.99% to 23.99% APR.

Why We Picked It: The upcoming bonus category can help you save on home goods.

For Your Apartment: Cardholders earn 5% cash back on bonus categories that rotate every quarter. The upcoming bonus category is Amazon.com and Target purchases, so you can save big at those merchants as you fill up your apartment.

Drawbacks: Cardholders have to put in the effort of tracking and activating bonus categories. 

3. Citi Simplicity

Rewards: None

Sign-Up Bonus: None

Annual Fee: $0

APR: 0% APR for 21 months on purchases and balance transfers, then variable 14.49% to 24.49% APR.

Why We Picked It: This card’s 0% APR offer is unparalleled.

For Your Apartment: While there aren’t any bonus cash back rewards with this card, purchases get 0% APR for 21 months—which means you’ll have almost two years to pay down your apartment expenses interest-free.

Drawbacks: You won’t earn any rewards with this card.

4. Blue Cash Preferred by American Express

Rewards: 6% cash back on up to $6,000 in annual purchases at US supermarkets; 3% cash back at US gas stations and select department stores; and 1% cash back on other purchases.

Sign-Up Bonus: $150 statement credit if you spend $1,000 in the first three months.

Annual Fee: $0 intro annual fee for the first year of card membership, then $95.

APR: Variable 13.99% to 24.99% APR on purchases and balance transfers.

Why We Picked It: Stocking your fridge and your home can earn you cash back.

For Your Apartment: Whether you’re stocking your fridge at the supermarket or picking up appliances and home goods at eligible department stores, you’ll be earning a lot of cash back with this card.

Drawbacks: There’s a $95 annual fee after the first year.

5. Citi Double Cash

Rewards: 1% cash back for all purchases; an additional 1% cash back upon payment.

Sign-Up Bonus: None

Annual Fee: $0

APR: Variable 14.49% to 24.49% APR on purchases; 0% APR for 18 months on balance transfers, then variable 14.49% to 24.49% APR.

Why We Picked It: All purchases earn cash back.

For Your Apartment: All purchases earn 2% cash back once they are paid off. That provides a strong incentive to pay off your apartment expenses quickly. Plus, you get 18 months with 0% APR for balance transfers.

Drawbacks: You’ll have to wait until your purchases are paid off to get the full cash back.

6. Chase Freedom Unlimited

Rewards: 1.5% cash back on all purchases.

Sign-Up Bonus: $150 bonus cash back if you spend $500 in the first three months.

Annual Fee: $0

APR: 0% APR for 15 months on purchases and balance transfers, then variable 15.99% to 24.74% APR.

Why We Picked It: This card offers a flat cash back rate on all purchases and 15 months with 0% APR.

For Your Apartment: All purchases earn 1.5% cash back with no hoops to jump through or categories to track. Purchases have 0% APR for 15 months.

Drawbacks: There are better cash back rates available with other cards. 

Choosing a Card for Your First Apartment

Credit cards can help you furnish your apartment by earning you cash back or helping you avoid interest with 0% APR offers. You should evaluate these policies closely when choosing a card.

For cash back rewards, choose a card that offers the best return on your upcoming purchases. If you’re going to be spending a lot of time in your new kitchen, you may want a card that rewards grocery expenses. If you’re planning to buy most of your furniture at a specific merchant, find a card that specifically rewards those purchases. If you anticipate spending at a variety of merchants, choose a card with a flat cash back rate for all purchases.

Introductory 0% APR offers can help you avoid interest on your purchases for a set amount of time. If you’re choosing a card for its 0% APR offer, look for one that provides enough time to pay off your initial home purchases. Otherwise, you’ll get hit with interest when the time limit is up.

What Credit Is Required for a First Apartment Credit Card?  

Cards with cash back rewards and balance transfer offers often require good to excellent credit. When you find the right card, compare its credit requirements to your credit score before you apply. You don’t want to ding your credit score applying for a card that’s out of your reach. You can check your credit report for free at Credit.com.

Image: sturti 

At publishing time, the Costco Anywhere Visa Card by Citi, Discover it Cashback Match, Citi Simplicity, Blue Cash Preferred by American Express, Citi Double Cash, and Chase Freedom Unlimited cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply for and ultimately sign up for any of these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved, or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly. 

The post 6 Credit Cards to Help Furnish Your First Apartment appeared first on Credit.com.

4 Credit Cards to Help Teachers Stock Their Classrooms

school-teacher

[DISCLOSURE: Cards from our partners are reviewed below.]

As a teacher, you often go the extra mile to make your classes effective. You might stay up late grading papers, spend extra time with a struggling student, and even buy supplies and materials out of pocket for your classrooms.

If you’re spending your own dough to stock your classroom, the right credit card can help you earn cash back on supplies throughout the year—or save up for an exciting summer break.

Here are our top four credit cards picks for teachers.

1. Amazon Prime Rewards Visa Signature Card

Rewards: 5% back on Amazon.com purchases with a Prime membership (3% without Prime); 2% back at restaurants, gas stations, and drugstores; and 1% back on other purchases.
Sign-Up Bonus: $50 Amazon.com gift card upon approval.
Annual Fee: 
$0
Annual Percentage Rate (APR): Variable 15.24% to 23.24% APR on purchases and balance transfers.
Why We Picked It: Amazon.com purchases earn a fantastic cash back rate.
For Educators: 
If you frequently find yourself ordering books and classroom supplies from Amazon, you can use this card to earn 5% back on all orders (with a Prime membership). You can redeem your rewards for future Amazon.com purchases, cash back, gift cards, and travel.
Drawbacks: You’ll need an Amazon Prime membership, which costs $99 a year, to get the best value. 

2. Discover it Cashback Match 

Rewards: 5% cash back on up to $1,500 in purchases each quarter for bonus categories and 1% cash back on other purchases.
Sign-Up Bonus: Discover will match all cash back earned in the first year.
Annual Fee: 
$0
APR: 0% APR for 14 months on purchases and balance transfers, then variable 11.99% to 23.99% APR.
Why We Picked It: The upcoming bonus category can help you stockpile books and school supplies.
For Educators:
This card earns 5% cash back on bonus spending categories that rotate every quarter. From October through December 2017, the bonus category includes Amazon.com and Target purchases. During that time, you can stock up on supplies from these retailers and put a lot of cash back in your pocket.
Drawbacks: Not all bonus categories will help you get cash back on school supplies. 

3. Costco Anywhere Visa Card by Citi 

Rewards: 4% cash back on up to $7,000 in eligible gas purchases per year; 3% cash back on restaurants and eligible travel purchases; 2% cash back on Costco and Costco.com purchases; and 1% cash back on other purchases.
Sign-Up Bonus: None
Annual Fee: 
$0 (a paid Costco membership is required)
APR: 0% for seven months on purchases, then variable 16.24% APR; variable 16.24% APR on balance transfers.
Why We Picked It: Costco is a one-stop shop for bulk classroom supplies.
For Educators: 
You’ll earn 2% cash back on Costco and Costco.com purchases, which helps when you’re buying school supplies in bulk. Plus, eligible gas, dining, and travel purchases earn special cash back rates.
Drawbacks: You’ll need a Costco membership, which costs $60–$120 a year, to access this card.

4. Chase Sapphire Preferred

Rewards: Two points per dollar spent on travel and dining and one point per dollar spent on other purchases.
Sign-Up Bonus: 50,000 bonus points if you spend $4,000 in the first three months, and 5,000 bonus points after your first purchase and the addition of an authorized user within the first three months.
Annual Fee: 
$0 the first year, then $95.
APR: Variable 16.99% to 23.99% APR on purchases and balance transfers.
Why We Picked It: This card helps you save for an epic summer trip.
For Educators: 
If you spend all year dreaming about summer break, this card can help you fund your vacation. All purchases, including classroom supplies, earn points that can be redeemed for travel, including airfare, hotels, cruises, and more. Points redeemed for travel are worth 25% more than points redeemed for cash, plus there are no foreign transaction fees.
Drawbacks: There’s a $95 annual fee starting in the second year.

Choosing a Card for the Teacher Lifestyle

Teaching is a tough job, but your credit card can help make it just a little easier if you choose the right one. If you want to save on classroom supplies, you should look for a card that earns good cash back rates at your merchants of choice. If your focus is a well-earned summer vacation, you may want a card with travel rewards.
You should evaluate the fees and APR associated with any card you’re considering. These costs can offset the value of your rewards, so pick a card that doesn’t overcharge you if you spend your own money on classroom supplies.

What Credit Is Required for a Teacher Credit Card?

Credit cards with rewards often require good to excellent credit. You should check your credit before you apply, and submit an application only if you have a good shot at approval. You can check your credit report for free at Credit.com.

Image: istock

At publishing time, the Costco Anywhere Visa Card by Citi, Chase Sapphire Preferred, and Discover it Cashback Match cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply for and ultimately sign up for any of these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone and have not been reviewed, approved, or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly.

The post 4 Credit Cards to Help Teachers Stock Their Classrooms appeared first on Credit.com.