What Are the Best Credit Cards for 3% Cash Back?

n it comes tocredit cards, many people are looking for ways to maximize their rewards and earn cash back on their purchases. One popular option is a credit card that offers 3% cash back on certain categories of spending. In this article, we will explore some of the best credit cards for 3% cash back and how to choose the right one for your needs.

Discover it® Cash Back

The Discover it® Cash Back card is a great option for those looking to earn 3% cash back on rotating categories each quarter. These categories include things like gas stations, restaurants, grocery stores, and more. Plus, for new cardmembers, Discover will match all the cash back earned in the first year, making it a great way to maximize your rewards.

Chase Freedom Unlimited®

The Chase Freedom Unlimited® card is another popular option for earning 3% cash back. Unlike the Discover it® Cash Back card, the rewards on this card are not limited to specific categories. Instead, cardmembers earn 3% cash back on all purchases in the first year up to $20,000 spent. After that, the cash back rate drops to 1.5%.

Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express is a great option for those who spend a lot on groceries and gas. Cardmembers earn 3% cash back at U.S. supermarkets (up to $6,000 per year in purchases) and 2% cash back at U.S. gas stations and select U.S. department stores. There is also a welcome bonus of $300 statement credit after spending $3,000 on purchases within the first 6 months.

Choosing the Right Card for You

When choosing a credit card for 3% cash back, it's important to consider your spending habits and priorities. If you spend a lot on groceries and gas, the Blue Cash Preferred® Card from American Express may be the best option for you. If you prefer a card with rotating categories, the Discover it® Cash Back card may be a better fit. And if you want to earn 3% cash back on all purchases, the Chase Freedom Unlimited® card is a good choice.

Applying for Credit Cards

When applying for credit cards, it's important to read the fine print and understand any fees or limitations. Some cards may come with an annual fee, which can eat into your rewards if you're not careful. Make sure you understand any spending requirements for earning rewards or welcome bonuses, and always pay your balance in full each month to avoid interest charges.

Maximizing Your Rewards

To get the most out of your credit card rewards, consider using your card for all your purchases and paying it off in full each month. You can also look for ways to earn bonus rewards, such as signing up for a new card or taking advantage of special promotions. And don't forget to redeem your rewards regularly to avoid losing them.

In conclusion, there are several great credit cards that offer 3% cash back on certain categories of spending. When choosing a card, consider your spending habits and priorities, and be sure to read the fine print before applying. By maximizing your rewards and avoiding fees, you can make the most of your credit card and save money in the process.