Share with friends who are paying retail price for their travel!

Please watch the video above. The key here is flexibility. With these cards, you don’t have to choose cash back vs. travel. You are able to do BOTH!


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Cards with the Option for Travel or Cash

Many cards earn points that are easily redeemed for cash where one point equals one cent. We are going to keep this post simple and advocate for Chase Ultimate Rewards and pure cash back cards. Chase points offer the highest cash back option (100%) compared to any other rewards program. Therefore, for travel and cash back, Chase is the best and their online portal is easy to use if you need flexibility and options.

The cards listed below offer points that are more valuable when used towards travel. In order to understand how valuable each of the below offers is, convert the number of points to cash back, in your head by following this pattern (drop the last two zeros and add a dollar sign):

  • 25,000 points = $250
  • 50,000 points = $500
  • 60,000 points = $600
  • 80,000 points = $800
  • 100,000 points = $1,000

Check out our Chase Ultimate Rewards Guide for a full understanding of how Chase Ultimate Rewards are valued and used for travel and transfer partners. Although it can be very helpful, the cash back value is the lowest redemption value compared to using points for travel.

Chase Sapphire Preferred ($545 cash back value)

Read our Complete Guide on the Chase Sapphire Preferred.

60,000 Chase Ultimate Rewards Points after you spend $4,000 in the first 3 months. Our #1 personal card. Great signup bonus and transfer partners. Single best “starter card” for beginners.

Chase Sapphire Reserve ($445 cash back value)

50,000 Chase Ultimate Rewards Points after you spend $4,000 in the first 3 months. Great choice for a frequent traveler, but note the huge annual fee. Sapphire Preferred is best option if you’re starting out or not going to travel frequently in the coming year.
Make sure you read our post on the new stay-at-home enhancements that will make these cards even more valuable.

How to Get Cash Back on Chase’s Portal

 

Best Pure Cash Back Cards

Here’s a list of our “Best Cash Back Credit Card Offers” to guide you through choosing the best cash back cards with bonuses, rewards from spending, and cash back shopping.

Citi Double Cash Card

Excellent card for cash back. This card has risen to the top for great everyday spending cards because of it’s 2% cash back. Instead of cash back, you can also choose to earn double ThankYou points instead.

Pros

  • Can earn ThankYou points
  • 18 months 0% APR on balance transfers
  • Known to be an easy approval
  • No annual fee

Cons

  • No introductory 0% APR on purchases
  • Zero Sign Up Bonus
  • Foreign transaction fees

Chase Freedom Unlimited

$200 after you spend $500 in the first 3 months. A great cash back or points card with no annual fee and 0% offer. Compliments other Chase cards with 1.5% cash back or 1.5x points on all purchases.

Blue Cash Everyday Card from American Express

$150 after you spend $1,000 in the first 3 months. For a no annual fee card, worth considering if you need a cash back for 3% and 2% cash back categories.

Capital One® Quicksilver® Cash Rewards Credit Card

$150 after you spend $500 in the first 3 months. A top card for those building up credit or looking for an easy-to-use cash back card. You can earn 1.5% cash back on everything.

Best Pure Cash Back Business Cards

Capital One® Spark® Cash for Business

$500 after you spend $4,500 in the first 3 months. A great, straightforward business card with unlimited 2% cash back and waived first year annual fee. Note: Capital One business cards count towards 5/24.
This card is very generous on sign-up bonuses, within 3 months from account opening you can get a one-time $500 cash bonus once you spend $4,500 on purchases! Beyond doubt, this card is a great choice most especially to small-business owners looking for a good cash back card.

Chase Ink Business Cash

This card is a top pick for cash back lovers and travelers. We have a complete guide for you to learn more about this card.

50,000 Chase Ultimate Rewards Points after you spend $3,000 in the first 3 months. Awesome business card with no annual fee and 0% APR. 5x earning categories and your choice to receive cash back or points.
Great signup bonus for a card with no annual fee. Great 0% APR option, too. This one should be in everyone’s wallet. Incredible signup bonus for a no-fee card. We value this card at $850 because we value Chase points at 1.8 cents per point because of their value when transferred to travel partners like Southwest, United, Hyatt, or Marriott. Excellent companion card to Sapphire Reserve or Sapphire Preferred! Like the Sapphire cards, this card earns valuable Chase Ultimate Rewards. You can earn 5X rewards (on first $25k spent) for phone service, cable, internet, and office supply stores.

Chase Ink Business Unlimited

50,000 Chase Ultimate Rewards Points after you spend $3,000 in the first 3 months. A no-brainer, great business card with a great bonus, no annual fee, and 0% offer. Your choice to receive 1.5% cash back or 1.5x points.
This is a no-brainer, great business card from Chase. A great bonus with no annual fees. Great 0% APR option, too. You can combine points with other cards that earn Chase Ultimate Rewards. We value this card at $850 because we value Chase points at 1.8 cents per point because of their value when transferred to travel partners like Southwest, United, Hyatt, or Marriott. Like the name says, you earn unlimited 1.5% cash back (or 1.5x points) per $1 spent on all purchases. Note that unlike many Chase cards, this card does charge foreign transaction fees.

American Express Blue Business Cash Card

This $0 annual fee card is intriguing for the 2% cash back on all spending (up to $50,000 annually), and you can decide to earn 2x Amex points instead.

Best Balance Transfer Cards

This is hands down one of the best cards for balance transfers with a great 0% APR on purchases too. Click through to see current rate.
Excellent card for cash back. This card has risen to the top for great everyday spending cards because of it's 2% cash back. Instead of cash back, you can also choose to earn double ThankYou points instead.

Maximize Rewards in Shopping Portals

Read our full article on maximizing rewards and cash back in shopping portals. Here’s a quick summary on maximizing rewards with online shopping: Check out CashbackMonitor.com; Join Rakuten and get an easy $10; Join your favorite airline’s shopping portal; and, Maximize your spending by getting a new credit card with a big sign-up bonus.

Final Thoughts

With the coronavirus pandemic wreaking havoc on our world today, getting into the habit of saving cash with credit card offers such as these cash back rewards are great ways for you to save and earn points for when you’re ready to travel. So make sure you check out each of these offers, earn the points you need, and get ready to execute a very good points strategy. You can be traveling to your dream destination soon!

June 2020: Best Credit Card Offers

Best Hotel Credit Cards

Chase Sapphire Preferred Complete Guide

Your next vacation could be free with TRAVEL FREELY.

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