Five Cash-back Cards to Consider for 2013With summer just around the corner and millions of Americans planning vacations, many are asking themselves whether a new credit card with cash-back options is right for them. Depending on your financial situation, cash back credit cards can be very lucrative for those who use them responsibly. Many who possess cash back cards use them in lieu of everyday spending and then pay off their bills each month while still receiving anywhere from 1-5% cash back on most purchases. If you are planning any major expenses in the next few months or are simply considering a new card with better potential offerings, then continue reading to find out about these great offers.

BankAmericard Cash Rewards

The BankAmericard Cash Rewards Visa Signature Card is a great cash back card for those who want to earn rewards on everyday expenses but do not need a big line of credit. Each quarter, you can earn 3% cash back on gas, 2% on groceries and 1% on everything else on up to $1,500. As a bonus, if you make at least $500 in purchases within the first three months, you will receive a $100 bonus. For those with excellent credit, the APR for this card is 12.99% and there is no annual fee.

Chase Freedom Visa

Those who make a variety of purchases with their credit cards can benefit greatly from the Chase Freedom Visa. While a minimum of 1% cash back is guaranteed on all purchases, a revolving door of categories each quarter will give you up to 5% cash back on select purchases. With no annual fee and an additional $100 cash back with $500 of purchases in 90 days, new cardholders can in part cancel out vacation expenses or grocery bills for the summer with the addition of this Visa card.

Citi Dividend Platinum Select Visa

Much like the Chase Freedom Visa, the Citi Dividend Platinum Select Visa Card offers a revolving category of cash back options, ranging from 1 – 5%. In addition to this, some purchases that are normally only eligible for 1% cash back may be augmented by using the Citi Bonus Cash Center, which offers deals through select partners. With a 12.99% interest rate for excellent credit-holders and 0% APR for the first 12 months, using this card in 2013 makes absolute sense for the responsible consumer.

TrueEarnings Card

Offered as a joint venture between Costco and American Express, the TrueEarnings Card gives consumers increased cash back options when it comes to travel and gas expenditures. Enjoy 3% cash back on gas for purchases up to $4,000 per year, and 2% on all travel-related expenses, Costco purchases and restaurants. Those who have existing Costco memberships will have no annual fee to pay for this card, and the interest rate is a variable one – currently hovering around 15.00%.

Blue Cash Preferred Card

Another offering by AmEx, the Blue Cash Preferred Card gives the highest cash back amount of any card on the list – 6% on supermarket purchases totaling up to $6,000 per year. Even on gas and department store spending, a hefty 3% cash back bonus is provided. The interest rate is 12.99% for this card and unlike the others, an annual fee of $75 is assessed. If you spend $1,500 in three months, however, a cash back bonus of $150 is provided that can be applied either toward your annual fees or directly to your statement.


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