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Credit card rewards survey

 

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Credit Cards » Credit Card Rewards Survey

When it comes to credit card rewards, cash back is a popular option. In fact, nearly 45 percent of offers for rewards credit cards sent in 2011 were for cash-back cards, according to new research from Mintel Comperemedia.

But which cash-back cards offer the best return for your spending?

To help you find a rewarding cash-back credit card, Bankrate.com gathered key details on the cash-back cards from among the largest issuers. The survey, which included 50 cash-back cards from 19 issuers, was conducted from Jan. 9 to 13, 2012.

The following chart shows you the return you'll get on your spending -- in some cases, a range based on spending level or purchase category -- offered on popular cash-back cards. Click on an individual card's name to see information about its annual fee, reward formula, introductory bonus offer and expiration restrictions, if applicable.

Credit card rewards

Issuing BankCardCash-back ratio
Affinity FCU
Pure Rewards Visa0.7%-1%
American ExpressBlue Cash Preferred Card1% (6% at supermarkets, 3% at gas stations, department stores)
American ExpressBlue Cash Everyday Card1% (3% at supermarkets, 2% at gas stations and supermarkets)
American ExpressBlue Sky Preferred0.77%-1.33% (1.54%-2.67% on travel, restaurants)
American ExpressBlue Sky0.77%-1.33%
American ExpressClear1%
American ExpressTrueEarnings (Costco card)1% (3% on up to $3,000 of gasoline, 2% travel, restaurants)
Baxter Credit UnionVisa Platinum with Cash Back1% (2% at restaurants, grocery stores, gasoline)
Bank of AmericaBankAmericard Cash Rewards1% (3% on up to $1,500 of gasoline, 2% on up to $1,500 in groceries)
Bank of AmericaAccelerated Rewards American Express Card1.25%
Bank of AmericaBankAmericard Power Rewards credit card1%
Capital OneCapital One Cash Credit Card (excellent credit)1%
Capital OneCapital One No Hassle Cash Rewards Credit Card (average credit)1% (2% at gas stations, grocery stores)
Capital OneVentureOne Rewards Credit CardUnknown
Capital OneCash Rewards for Newcomers Credit Card1% (2% on travel)
Capital OneVenture Rewards Credit CardUnknown
ChaseChase Freedom1% (5% in select rotating categories quarterly up to $1,500)
ChaseChase Sapphire Preferred Card1% (2% on travel and restaurants)
ChaseChase Sapphire Card1% (2% on restaurants)
CitibankCiti ThankYou Premier Card0.6%-0.71% (0.72%-0.86% at grocery stores, gas stations, drugstores, commuter transportation and parking merchants)
CitibankCiti ThankYou Prestige Card0.6%-0.71% (0.78%-0.93% at grocery stores, gas stations, drugstores, commuter transportation and parking merchants)
CitibankCiti ThankYou Preferred Card0.6%-0.71%
CitibankDividend Platinum Select Visa Card1% (5% in select rotating categories quarterly)
CitibankCiti Forward0.6%-0.71% (3%-3.57% at restaurants, bookstores, music stores, video rental, movie theaters)
Columbus Bank & TrustCash Rewards Visa Platinum Credit Card0.25% up to $1,500; 0.5% between $1,500-$3,000; then 1% for $3,000 and more
DiscoverMiles by Discover1% (2% on up to $3,000 in travel and restaurant purchases)
DiscoverDiscover More Card0.25% up to $3,000, then 1% (5% on rotating categories)
DiscoverDiscover Open Road0.25% up to $3,000, then 1% (2% on up to $250 in combined gas and restaurant purchases each billing period)
DiscoverDiscover Motiva Card0.25% up to $3,000, then 1%
FidelityFidelity Investment Rewards American Express Card2%
FidelityFidelity Retirement Rewards American Express Card2%
FidelityFidelity 529 College Rewards American Express Card2%
Fifth Third BankCash Rewards MasterCard1% (2% on gas, grocery and discount stores)
Fifth Third BankReal Life Rewards Credit Card0.66%-0.83% (1.33%-1.66% on gas, grocery, and discount stores)
First Hawaiian BankPriority Rewards Credit Card0.5%-0.83%
First National Bank of OmahaMaximum Rewards Platinum Edition Visa Card0.71%-1%
First National Bank of OmahaFirst National Bank of Omaha American Express Card1% (2% on gas and groceries)
First National Bank of OmahaFirst National Bank of Omaha Graphite American Express Card1% (3% on airlines, 2% on gas and groceries)
First National Bank of OmahaFirst National Bank of Omaha Discover Card0.5% up to $2,500, then 1%
Navy Federal Credit UnioncashRewards1% up to $10,000, then 1.5%
Navy Federal Credit UniongoRewards1%-1.25%
Pentagon Federal Credit UnionVisa Platinum Cash Rewards Card0.25% (5% on gasoline)
RBS Citizens BankGreen$ense Platinum MasterCardFlat $0.25 per transaction after 10 purchases
RBS Citizens BankAccelerator Rewards Platinum MasterCard1% (2% on gas)
RBS Citizens BankCashBack Platinum MasterCard1%
TD BankTD Cash Rewards Visa Credit Card1%
U.S. BankU.S. Bank FlexPerks Cash Rewards Visa Card0.5%
U.S. BankU.S. Bank FlexPerks Select Rewards Visa0.5%
Wells FargoWells Fargo Rewards Card0.77%
Wells FargoCash Back Card1%

This information was gathered the week of Jan. 9, 2012. Rewards are subject to change. Check with the institution for the latest information.

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Product Rate Change Last week
Balance Transfer Cards 15.76% --0.00 15.76%
Cash Back Cards 16.44% --0.00 16.44%
Low Interest Cards 11.04% --0.00 11.04%
 
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