Cash and cashback are very pleasing terms, especially during the trying times of the pandemic. A person seeking benefits needs a product that can make their life simpler and access rewards faster. This is where cashback cards come into the picture.

These credit cards are created to give you the utmost freedom in how you use your rewards. Firstly, you should target the category in which you will be spending your money the most. It could be shopping, buying daily groceries, or, let’s say, fuel for the car. Now, choose the card that gives you the most rewards for your top category spend. 

There are umpteen options available in the U.S market when it comes to financial products, especially cards. Let us look at the best cashback cards and how to apply for them in sections to come. Remember, there is no right or wrong answer. Go with what suits your needs and you should be just fine. 

Discover the Best Cash Back Credit Cards and How to Apply for Them
Image Source: Discover

Discover It Cash Back Credit Card

This card keeps a tab on all that you have earned in terms of cashback by the end of the first year itself so that you know the value of the card up front and stay motivated to use it more often.

Features

Key benefits are the low introductory APR for the first year and additional two months on spend and transfers. As for the transfer fee, it is only 3% up until March 2021. 

Also, the best part is that there is no annual fee today and forever. In short, no hidden charges are levied in the future too.

Fees & Interest Charges

  • 0% introductory APR for 14 months from the date of account opening.
  • 15th month onwards, APR – 11.99% to 22.99%.
  • APR for Cash Advances – 24.99%.
  • Interest-free days at least 25 days.
  • Charged interest, at least $.50.
  • Annual Fee – 0.
  • Intro fee of 3% of the amount of each transfer for transfers that post to your account by March 10, 2021.
  • Cash advance either $10 or 5% of the amount of each cash advance, whichever is greater.
  • First late payment fee – 0.
  • Second late payment onwards, up to $40.
  • Returned Payment – Up to $40.

Eligibility

This card is available to you only if your credit score is in the range of 690-850. Anything out of this range will be rejected outrightly especially during the times of the pandemic. Also, you aren’t a defaulter; it should help you in their assessment of your card request.

How To Apply For The Discover It Cashback Credit Card?

Applying to this card is very simple. Just fill-up the Discover It Cashback Credit Card application form. Keep ready with information on your social security number, income, and bank details. 

Do not forget to select the card design customization available just above the form. They have some cool designs to choose from!

On the next page, you will have more detailed information spaces to fill. However, you need not worry as these should be available to you already. Complete all the steps and submit the application. 

Bank Address And Contact 

To find out more about the Discover It Cashback Credit Card, it is advisable to directly contact the company. Discover Bank can be contacted using the following details. 

Address: Discover Bank, 502 E. Market Street, Greenwood, Delaware 19950.

Phone: (1-800-347-2683) (English/Español) from U.S and 1-801-902-3100 (English/Espanol) from outside the country. 

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.

Discover the Best Cash Back Credit Cards and How to Apply for Them
Image Source: Credit Cards

Freedom Unlimited Credit Card

As the name suggests, this card is created to give you maximum leverage and freedom to choose from popular spending categories like travel, shopping, home deliveries, etc. 

What more, you even get cashback if you purchase medicine from drugstores and when you go on a dining experience.

Features

You get a flat bonus of $200 as soon as you spend $500 as spend in the first quarter from the time you open the account. In addition, get a 5% cashback on your grocery spend, excluding anything you purchase at Target or Walmart stores.

Fees & Interest Charges

  • Purchase Annual Percentage Rate (APR) – 0% Intro APR for the first 15 months.
  • 16th month onwards – 14.99% to 23.74%.
  • My Chase Loan SM APR – 14.99% to 23.74%.
  • Balance Transfer APR – 14.99% to 23.74%.
  • Cash Advance APR – 24.99%.
  • Interest-free days – a minimum of 21 days.
  • Minimum Interest Charge – None.
  • Annual Membership Fee – None.
  • My Chase Plan SM Fee (fixed finance charge) – 0% of the amount of each purchase transaction.
  • Balance Transfers – $5 or 5% of the amount of each transfer, whichever is greater.
  • Cash Advances – $10 or 5% of the amount of each transaction, whichever is greater.
  • Foreign Transactions – 3% of the amount of each transaction in U.S. dollars.
  • Late Payment – Up to $39.
  • Over-the-Credit-Limit – None.
  • Return Payment – Up to $39.
  • Return Check – None.

Eligibility

In order to be approved for this Chase card, subject to the 5/24 rule, you cannot have opened five or more personal credit cards across all banks in the last 24 months. 

This rule only applies to getting approved for cards issued by Chase, but your 5/24 count includes your cards from all banks.

How To Apply For The Freedom Unlimited Credit Card?

Applying to the Freedom Unlimited Cashback Credit Card is no rocket science. There are two options to apply – as a guest and as a customer (faster and recommended). 

Just visit this page and fill-up the form which contains details like personal information, communication preferences, e-sign disclosure & acceptance of pricing plus terms & conditions. 

Do not forget to read the statements mentioned below the signature column. Your signature would mean you certify the entire product offering. Once done, click submit, and voila! You are done with our card registration process!

Bank Address And Contact

To find out more about the Freedom Unlimited Credit Card, it is advisable to contact the bank directly. Chase Bank can be contacted using the following details. 

Address: JP Morgan Chase Bank, 1111 Polaris Parkway, Columbus, Ohio 43240.

For support, please call JP Morgan Chase Bank helpline at 1-800-935-9935.  

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.

Discover the Best Cash Back Credit Cards and How to Apply for Them
Image Source: American Express

Blue Cash Preferred Card

Features

If you are a regular grocery shopper or a supermarket person, this card is just for you! Get your grocery bill added to the cashback! 

If you spend $125 twice a month, or say fortnightly once, at U.S. hypermarkets, you stand a chance to get $195 cashback per annum – all due to the 6% cashback at U.S. hypermarkets on up to $6K each year in spending. 

After that, you will get 1% cashback.

Interest Charges

  • 0% introductory APR for the first 12 months from the date of account opening.
  • After that, your APR will be 13.99% to 23.99%.
  • APR for Cash Advances – 25.24%.
  • Penalty APR and When it Applies – 29.24%.
  • Penalty APR will apply for at least 6 months.
  • Your due date is at least 25 days after the close of each billing period.
  • 0% introductory plan fee on each purchase moved into a plan during the first 12 months after account opening.
  • After that, your plan fee will be up to 1.33% of each purchase moved into a plan based on the plan duration.
  • Annual Membership Fee – $95.
  • Cash Advance – $10 or 5% of the amount of each cash advance, whichever is greater.
  • Foreign Transaction – 2.7% of each transaction after conversion to US dollars.
  • Late Payment – Up to $40.
  • Returned Payment – Up to $40.
  • Overlimit – None.

Eligibility

As per American Express, you should have an above-average credit score to apply for this card. It means that you should target to have at least a good 670 plus to back you up when filling the details. 

The higher the score, the easier and faster for you to get this card. As per current customers, a score of 700 is considered a hassle-free experience to get this card.

How To Apply For The Blue Cash Preferred Card?

Apply to this card and get a decision in around 30 seconds! The link will ask you if you to fill in your personal information. Get your social security number, total, and non-taxable income per year ready. 

Hit the submit button and you will get an immediate response if you are eligible for the card or not.

The next page will take you to the terms and conditions. Make sure you understand the fine details before you agree to sign that dotted line. Lastly, hit the submit button and you will get your card soon.

Bank Address And Contact 

To find out more about the Blue Cash Preferred Card, it is advisable to contact the bank directly. American Express can be contacted using the following details. 

Address:  Three World Financial Center, 200 Vesey Street, New York, NY 10285-4803, USA.

For support, please call the American Express helpline at 1-800-528-4800 (from both inside and out of the country).

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.

Conclusion

There is no better time to get into cashback cards than right now. The banks are more flexible, and they have many offers that they wish you to take up and benefit from. 

Start now with any of the above products but keep in mind that sensible spending should supersede all other financial goals!