MoneyUnder30.com

Cash Back Credit Cards

Review and compare the best cash back credit cards you can get with your credit score. See the average and lowest credit scores approved for each credit card (a “0” means we don’t yet have enough credit score approval data for that card.)

Capital One® QuicksilverOne® Cash Rewards Credit Card

Great For: Cash back rewards and low intro rates.

Credit Needed: Fair

Average Approved Score: 614*

Lowest Approved Score: 533*

  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories and no sign ups needed to earn cash rewards
  • Redeem the cash back you earn for any amount, any time
  • Cash back doesn’t expire and there’s no limit to how much you can earn
  • 0% intro APR on purchases until September 2015; 22.9% variable APR after that
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is ever lost or stolen
Intro APR
Purchases
Intro Term
Purchases
Intro APR
Balance Transfers
Intro Term
Balance Transfers
Regular APR Annual Fee
0%* until September 2015 0%* until September 2015 22.9%* Variable $39

Capital One® Quicksilver® Cash Rewards Credit Card

Great For: Cash back with customized ways to redeem your rewards.

Credit Needed: Excellent

Average Approved Score: 743*

Lowest Approved Score: 638*

  • One-time $100 bonus after you spend $500 on purchases within the first 3 months
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories and no sign ups needed to earn cash rewards
  • Cash back doesn’t expire and there’s no limit to how much you can earn
  • 0% intro APR on purchases until September 2015; 12.9%-22.9% variable APR after that
  • Balance transfers also have a 0% intro APR until September 2015, a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
Intro APR
Purchases
Intro Term
Purchases
Intro APR
Balance Transfers
Intro Term
Balance Transfers
Regular APR Annual Fee
0% until September 2015 0% until September 2015 12.9% – 22.9%* Variable $0

About cash back credit cards

Cash back credit cards pay you a small percentage of your purchases each month. Usually, you can choose to redeem this cash back by getting a check, a credit on your statement, or by trading them for gift cards. Most cash back credit cards pay a fixed percentage on every dollar and then a promotional percentage on certain types of charges (for example, a card might pay more on money spent at gas stations — or a specific chain of stores during a particular season).

You can get more money back out of cash back credit cards if you choose one that pays a higher percentage of rewards on purchases you make more often.

Finally, cash back credit cards tend to have higher interest rates than credit cards that don’t pay rewards. Keep this in mind if you don’t pay your balance off in full each and every month. You may be wise to forgo a cash back credit and instead get a credit card that may not offer rewards but has a lower regular APR.

*This information is provided through a relationship with CreditKarma.com. Credit Karma members have received approvals with these TransUnion New Account credit scores. Please note that because other factors may affect credit card approval, these approval metrics are only guidelines and approval is not guaranteed.