Bankrate.com just came out with a survey of cash back credit cards from American Express, Bank of America, Capital One, Chase, Citi, Discover, HSBC, Wells Fargo and USAA Federal Savings.
The Bankrate survey didn't identify the best credit card for everyone. It provided a few tips such as considering "tiered cards if you charge more than $1,000 a month and cards that have flat percentage cash back if you spend less than that. Watch out for caps lower than $500."
One cash-back credit card not mentioned is the Visa Platinum Gas Cash Reward credit card from Pentagon Federal Credit Union. This offers 2% cash back on supermarket purchases, 5% cash back from gas paid at the pump and 1.25% cash back on all other purchases. There's no annual fee, and cash rewards are credited each month. My last post on this credit card was in January when they increased the cash back from supermarkets to 2%.
Anyone can qualify for membership into PenFed. For these details and my experience with PenFed, please refer to my Pentagon FCU review.
There have also been some pretty cash back credit cards at online banks such as Countrywide (see post), FNBO Direct (see post) and EmigrantDirect (see post).
Another good resource for cash back credit cards is this Fatwallet thread.
What's your favorite cash back credit card? Leave a comment and let us know.