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!


Table of Contents


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, Capital One Venture Miles, and pure cash back cards. 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 Ink Business Preferred ($705 cash back value)

80,000 Chase Ultimate Rewards Points after you spend $5,000 in the first 3 months. Our #1 recommended business card card for signup bonus and 3X categories. All Ink cards can earn Ultimate Rewards or cash back.

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 Ink Business Cash ($530 cash back value)

Read our Complete Guide on the Chase Ink Cash.

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.

Chase Ink Business Unlimited ($530 cash back value)

Read our Complete Guide on the Chase Ink 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.

 

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.

Wells Fargo Cash Wise Visa® Card

$150 after you spend $500 in the first 3 months. Excellent option if you are looking for a simple flat-rate cash back card with $0 annual fee, unlimited 1.5% cash back on purchases, sign-up bonus, and 0% APR offer.

American Express Blue Cash Everyday

$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.

American Express Cash Magnet Card

$150 after you spend $1,000 in the first 3 months. This card has a solid welcome offer and 1.5% back on all purchases and a 0% APR offer. Worth consideration if you need a cash back card and like Amex.

American Express Blue Cash Preferred

$250 after you spend $1,000 in the first 3 months. Despite the annual fee, a really good cash back card with 6% cash back at US supermarkets (up to $6,000 per year in purchases) and 3% cash back at US gas stations.

Citi Double Cash Card

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.

Check out all these offers and more here.

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.

Pros:
  • Unlimited 2% cash back on all purchases.
  • If your card is lost or stolen, you pay $0 for Fraud Liability.
  • As long as the account is existing, the rewards earned don’t expire and you redeem any amount.
  • No foreign transaction fees.
  • Damage coverage for auto rental collision.
Cons:
  • High APR.
  • Lack of travel transfer partners.
  • Has an annual fee of $95 after the first year.
  • A card without an annual fee is a better option if you spend less than $1,000 monthly.

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.

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!

Your next vacation could be free with TRAVEL FREELY.

shares