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What Are The Best Cash Back Credit Cards of 2018?

Find the Best Credit Card for You

What kind of card do you want?

What's your credit score?

We reviewed dozens of cash back credit cards to figure out which ones are best at putting money back in your pocket. We recommend the Discover it® Cash Back to most people because it provides the highest cash rewards across common consumer categories. However, if you're after a card to satisfy a specific need, like saving on gas purchases, we also pulled together a list of more specific recommendations.

Recommended Cards

Best ForCredit NeededAnnual Fee
Discover it® Cash BackBest Choice for MostExcellent$0
Blue Cash Preferred® Card from American ExpressGas & Grocery PurchasesGood/Excellent$95
Uber Visa CardRestaurants & TravelGood$0
Discover it® Student Cash BackStudentsFair$0
Capital One® Spark® Cash for BusinessSmall BusinessExcellent$95 ($0 first year)

Recommended Cards

Best ForAnnual Fee
Discover it® Cash BackBest Choice for Most$0
Blue Cash Preferred® Card from American ExpressGas & Grocery Purchases$95
Uber Visa CardRestaurants & Travel$0
Discover it® Student Cash BackStudents$0
Capital One® Spark® Cash for BusinessSmall Business$95 ($0 first year)

Check out our detailed write ups below if you're interested in learning more about any of our above recommendations. This in-depth analysis will show you how you can squeeze the most cash back out of these cards. Our team also put together the only credit card comparison tool that will show the the cash back value of each card based on how you spend.

Table of Contents

In-Depth Reviews of the Best Cash Back Credit Cards

In this section you can read about why the cards we selected are best in their respective categories, and how you can use them to your benefit. We boiled down hundreds of hours of research into these summaries to save you time as you search for the right cash back option.

Best Overall Cash Back Credit Card

On Discover's Secure Website

Discover it® Cash Back

Discover will match ALL the cash back you’ve earned at the end of your first year, automatically.
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
Annual Fee
$0
APR
13.99% - 24.99% Variable
Credit Needed
Excellent, Good

Our Thoughts

The Discover it® Cash Back currently provides some of the highest cash back rates we've seen among the 50 cards we studied. The card comes with a generous 5% back on bonus cash categories that rotate every three months—considerably better than the typical 1.5%-2% you find with most other cards. The 5% rate lasts up to the first $1,500 in purchases, and after that you get a standard 1% cash back. This card has an industry-leading cash bonus too. You get all the cash back you earned doubled at the end of your first cardmember year, making this card impossible to beat for most consumers.

To get the highest cash back possible, you’ll have to keep track of the changing categories and how much you spend in them. They typically encompass popular and seasonal merchants, so most consumers won't have a hard time getting good value out of this card. For example, in 2018 the groups included Amazon.com, gas stations and grocery stores. Still, if where you shop is more static and less seasonal, or you think you’ll forget to activate, check out our other great all-year-round cards.

Runner Up

On Citi's Secure Website

Citi® Double Cash Card

  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% - 25.49% based on your creditworthiness*
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases
  • No categories to track, no caps on cash back, no annual fee*
  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% - 25.49% based on your creditworthiness*
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases
  • No categories to track, no caps on cash back, no annual fee*
Annual Fee
$0*
APR
15.49% - 25.49%* (Variable)
Credit Needed
Excellent/Good

Our Thoughts

The Citi® Double Cash Card is the best cash back option for people who prefer a simple credit card they can use every day and don't want the hassle of changing categories. The card effectively awards 2% back on all purchases. You get 1% back when you charge something to the card, and another 1% return as you pay for that purchase. Very few credit cards are able to provide users with a rewards rate that high across the board on every single purchase. Most will stop at 1.5%. For the average consumer, this card will produce the best cash back rewards because you won’t be losing out on savings by forgetting to activate or use it suboptimally. By not having to jump through activation and category hoops, this card lets you earn a great cash rewards rate with some peace of mind..

While there are a few other 2% credit cards on the market, they more restrictions and limitations than the Citi® Double Cash Card. For example, the Fidelity® Rewards Visa Signature® Card gives you an equivalent 2% cash reward but requires you to sign up for an investment account. You don't need to have any prior relationship with Citibank before you open the Citi® Double Cash Card. There's great value in this simplicity that makes this our top recommendation for this category.

Best Cash Back Rewards on Gas & Groceries

On American Express' Secure Website

Blue Cash Preferred® Card from American Express

Get $200 back after you spend $1,000 in purchases on your new Card in your first 3 months. You will receive $200 back in the form of a statement credit.
  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations. 1% cash back on other purchases.
  • Over 1.5 million more places in the U.S. started accepting American Express® Cards in 2017.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • $95 annual fee.
  • Terms Apply.
  • See Rates & Fees
  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations. 1% cash back on other purchases.
  • Over 1.5 million more places in the U.S. started accepting American Express® Cards in 2017.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • $95 annual fee.
  • Terms Apply.
  • See Rates & Fees
Annual Fee
$95
*Rates and Fees
APR
14.99%-25.99% Variable
Credit Needed
Excellent, Good

Our Thoughts

The Blue Cash Preferred® Card from American Express is a fantastic cash back credit card for those who spend a lot of money at U.S. gas stations and supermarkets. That's because the card's 6% cash back rate for U.S. supermarkets and 3% back at U.S. gas stations are among the best cash rewards rates we've seen. While only the first $6,000 of U.S. supermarket purchases are eligible for the 6% rate (1% cash back after), it's still very beneficial for the average household, which can spend over $3,000 annually on food at supermarkets. Most other top cash back cards hover around 2% cash back in the aforementioned categories. The Blue Cash Preferred® Card from American Express also offers 1% cash back outside of the bonus categories, meaning it'll earn you rewards no matter what you purchase.

The card comes with a $95 annual fee, but it's relatively easy to make that back in rewards. For example, earning the card's sign-up bonus, which requires spending $1,000 in the first three months, gets you a $200 statement credit. That means as long as you earn the sign-up bonus, the card will pay for itself for the first two years. Meeting the $6,000 spending cap at U.S. supermarkets for 6% cash back gets you $360 back every year. In comparison, a top-of-the-line 2% cash back card would only provide you with just $120 back.

Cash Back Credit Card for Restaurants & Travel

Uber Visa Card

  • 4% back on dining at restaurants, takeout, bars and UberEats
  • 3% back on hotel and airfare
  • 2% back for online purchases, including Uber, online shopping, video and music streaming services
  • 1% back on everything else
  • $100 cash back when you spend at least $500 on purchases within the first 90 days
  • Up to a $50 credit for online subscription services after you spend $5,000 or more on your card per year
  • Up to $600 for mobile phone damage or theft when you pay your mobile phone bill with your card
  • Receive invites to exclusive events and offers in select U.S. cities
  • No foreign transaction fees
  • Redeem points for Uber credits, gift cards, or cash back
  • 4% back on dining at restaurants, takeout, bars and UberEats
  • 3% back on hotel and airfare
  • 2% back for online purchases, including Uber, online shopping, video and music streaming services
  • 1% back on everything else
  • $100 cash back when you spend at least $500 on purchases within the first 90 days
  • Up to a $50 credit for online subscription services after you spend $5,000 or more on your card per year
  • Up to $600 for mobile phone damage or theft when you pay your mobile phone bill with your card
  • Receive invites to exclusive events and offers in select U.S. cities
  • No foreign transaction fees
  • Redeem points for Uber credits, gift cards, or cash back
Annual Fee
No Annual Fee
APR
16.74%, 22.49% or 25.49% Variable
Credit Needed
Excellent

Our Thoughts

The Uber Visa Card is the winning cash back card for frequent travellers and diners because it awards users with higher rewards rates in these categories than most cards. You'll get 3% back on hotels and airfare purchases, and 4% back on dining at restaurants, takeout, bars and UberEats. The rewards are applied as statement credit to your account, so you can use them to erase things on your credit card bill. The card also throws in an extra cash back bonus on online purchases. You get 2% back anytime you use the card to shop online, including paying for music and video streaming services (like Netflix and Spotify).

This is also one of the few cash back credit cards to have no foreign transaction fees — another huge benefit if you're interested in a credit card for travel. Most cards will charge you a 3% fee anytime you use them outside of the United States. This card, like most good travel cards, waives that charge. That means you can use it freely anywhere you go in the world.

Best Cash Back Credit Card for Students

On Discover's Secure Website

Discover it® Student Cash Back

Discover will match ALL the cash back you’ve earned at the end of your first year, automatically.
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants or Amazon.com up to the quarterly maximum each time you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Good Grades Rewards: $20 statement credit each school year your GPA is 3.0 or higher for up to the next 5 years.
  • No annual fee. No late fee on first late payment. No APR change for paying late.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 14.99% - 23.99%.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants or Amazon.com up to the quarterly maximum each time you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Good Grades Rewards: $20 statement credit each school year your GPA is 3.0 or higher for up to the next 5 years.
  • No annual fee. No late fee on first late payment. No APR change for paying late.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Freeze It® on/off switch for your account that prevents new purchases, cash advances & balance transfers in seconds.
  • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • 0% intro APR on purchases for 6 months, then the standard variable purchase APR of 14.99% - 23.99%.
  • Click "APPLY NOW" to see rates, rewards, FICO® Credit Score terms, Cashback Match™ details & other information.
Annual Fee
$0
APR
14.99% - 23.99% Variable
Credit Needed
Fair

Our Thoughts

If you're a student looking for a top cash rewards credit card, the Discover it® Student Cash Back will provide you with the highest rewards, hands down. You get money back (5%) any time you use the card to shop within special categories that rotate every three months, up to a maximum of $1,500 in combined spending. These categories change year-to-year, but you can usually depend on many of them to cover expenses students have to deal with. For example, this year includes Amazon.com. If you use it to buy your textbooks for the semester with this card, you could get a generous 5% cash back on those purchases. With these rewards rates, the Discover it® Student Cash Back blows competitors out of the water.

Here's something else students will appreciate: Discover is one of the most forgiving banks when it comes to making mistakes, which makes it a great starter card. There's no late fee on your first late payment—a feature that can save a forgetful user up to $37. Finally, the Discover it® Student Cash Back has no penalty APR, which means your interest rate won't increase because of late payments. We wish more credit cards geared at students would feature such benefits. Right now, the Discover it® Student Cash Back seems to be one of the few.

Best Cash Back Business Credit Card

On Capital One's Secure Website

Capital One® Spark® Cash for Business

Earn a $500 cash bonus when you spend $5,000 in the first 3 months and of opening your account.
  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Earn up to $2,000. Earn a $500 cash bonus when you spend $5,000 in the first 3 months of opening your account
  • Plus, earn $1,500 when you spend $50,000 in the first 6 months. Limited Time Offer
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $95 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend

Note: The information in this box was provided by Capital One and is not part of our independent analysis.

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Earn up to $2,000. Earn a $500 cash bonus when you spend $5,000 in the first 3 months of opening your account
  • Plus, earn $1,500 when you spend $50,000 in the first 6 months. Limited Time Offer
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $95 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend
Annual Fee
$0 intro for first year; $95 after that
APR
18.74% (Variable)
Credit Needed
Excellent, Good

Our Thoughts

We recommend the Capital One® Spark® Cash for Business for businesses in need of a great cash back credit card because of its generous cash rebate and ease of use. The card is one of the simplest cash back credit cards you can have, which is perfect for busy entrepreneurs who value their time and don't want to bother managing their credit card rewards. It provides a flat 2% cash back on all purchases, no matter the category. While other business cards can get better cash rewards, they require you to keep track of spending caps and categories. If you're operating a small business, you likely have many other things on your mind. A credit card shouldn't be adding extra work for you.

From a business perspective, the Capital One® Spark® Cash for Business also provides good solutions for managers--another feature our analysts determined to be a "must-have" for top business credit cards. The card allows you to issue employee cards at no additional cost, which is better than most competing cards that charge an annual fee per card). All their purchases will earn cash back for the account, so you can still earn rewards even when your employees are the ones doing the spending. Because all purchases are also logged in a single account, it's easier to keep track from an accounting standpoint.

Cash Back Credit Card Comparison

If you're still unsure of which cash back credit card best fits your budget, you can use our comparison tool to help you find the answer. Enter your estimated monthly spending, and we'll calculate the estimated rewards for each card and rank them from the highest cash earnings down.

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How We Arrived at Our Top Picks

Our mission was to produce the most thorough and exhaustive list of top cash back credit cards online. To do this, we spent countless hours going over over credit card offers from America's largest banks and credit unions, online forums and message boards, and various credit card review sites. For each card we poured over the terms and conditions to understand how their cash back programs worked, both in terms of minimum redemptions, expiration and whether they could be used for things other than cash back. We also closely examined each card's fee structure. We checked whether the cards charged annual, late, application or foreign transaction fees. In creating our list, we gave strong preference to cards that charged as few fees as possible.

In total, we spent a combined 245 hours creating this guide, which includes time spent modeling the rewards, setting up 1v1 comparisons between offers, and considering the different consumers profiles that are likely to apply for such cards.

In the end, we prioritized cards that would provide the highest cash back rewards across the largest range of purchases. For example, we would favor a card that gave 5% cash back on grocery shopping over a card that gave 5% back at one particular grocery store chain, like Whole Foods. We did this so that cardholders would never feel locked in because of their credit card rewards. Maximizing for freedom allows consumers to choose stores offering them the lowest prices on goods, and coupling those with outstanding cash back rewards. This strategy will maximize cash rewards, so we used it in determining our recommended cards.

The Selection Criteria

Cash back rate higher than 1.5%. We determined that the top cash back credit cards should provide no less than 1.5% back on every purchase. There were many cards we came across that gave users just 1-1.25% back. These were eliminated. While some cards may have a default rate of 1%, they should award 2%+ in certain specific shopping categories, like at gas stations or restaurants.

No annual fees. Most good cash back credit cards do not charge an annual fee. While some exceptions exist, we gave strong preference to cards that don't charge users for the sole privilege of opening an account. We reason that consumers looking for a high cash back rate wouldn’t want fees eating into their rewards.

Easy to redeem cash back rewards. Cash back credit cards ought to be simple to use. We eliminated cards with complicated redemption systems, or cards that were advertised as cash back but in reality restricted users on how they could use their rewards. For example, some cards allow users to redeem their points only once per year, and the rewards expire within 30 days of being issued. Such offers were cut, as they unnecessarily complicate things for cardholders.

Spending caps. Some cash back credit cards come with a limit on how much cash back you can earn at elevated rewards rates. For example, you get 6% cash back on the first $6,000 spent each year. While spending caps on their own aren't a disqualifier, we did examine whether such caps are unreasonable. We did this by examining average consumer expenditure data from the Bureau of Labor Statistics, and seeing whether the typical user is likely to go over such caps. If that was the case, we kept such cards off our list.

Popular Cash Back Credit Cards that Didn't Make the Cut

Because the credit card rewards space is quite competitive, we had to cut some cards that are still fantastic. We wanted to highlight several of these offers that may appeal to some readers. Below you'll find outstanding cash back cards that just missed the cut.

Amazon Prime Rewards Visa Signature Card: Anyone who frequently shops with this online retailer should have the Amazon Prime Visa card. The card provides the highest cash back rates on Amazon purchases you can get with any card — 5%. It's also no slouch offline either, offering 2% back at gas stations, restaurants and drugstores. The card ultimately didn't make our cut because you have to be a Prime member to get it.

Chase Freedom®: This is the other popular 5% cash back credit card. Like the Discover it® Cash Back, it awards 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. While this is an excellent option for some, it has a less attractive bonus than the Discover it® Cash Back. We recommend you check out our article comparing the two cards in more depth, if you're unsure of which one is better for you. The Chase Freedom® was our favorite cash back card from 2015-2017.

Costco Anywhere Visa® Card by Citi: This is quite possibly the best credit card for cash back rewards on gas and restaurant spending. The card didn't make our cut for two reasons. First, you have to be a Costco member to apply. Also, this card only awards you cash back rewards once per year, and you have to travel to a Costco store to redeem them. These two conditions make the card a bad deal for many.

How to Choose the Best Cash Back Credit Card

As is the case with most top-tier credit cards, the highest rated cash back offers are intended for people with excellent credit scores. Unless you have a credit file that is at least 2 years long, and a FICO score above 680, we recommend you look elsewhere. Students and individuals with bad credit really only have a handful of options for cash back cards. You can check out our guide for students here, and if you're someone with bad credit check out our page here.

Also, if you're someone who carries a balance month-to-month on their credit card look for low interest or balance transfer credit cards instead of cash back ones. Otherwise, you'll end up paying more in interest than you will get in cash back rewards. Consider this. The highest cash back cards award 5% back. Their interest rates are 15% or more. Anything you add to your balance will actually be costing you 10% more.

For most people, we recommend getting a simple everyday cash back credit card that awards 2% back on all your purchases. This is the simplest to use, and will likely lead to the best results. You'll never have to think about your credit card or manage your spending categories. You simply swipe and collect your rewards.

Those willing to put in a little extra effort can get 2-4% cash back on more specialized cards. This requires you to consider where it is you use your credit card the most. Restaurants? Gas stations? Grocery stores? A combination of those? Either way, your goal should be to pick a credit card that awards the highest cash back in the categories where you shop most frequently. If you can't find a card like that, you can default back to using a 2% everyday card.

We only recommend 5% rotating category cash back cards, like the Discover it® Cash Back or the Chase Freedom®, for individuals who know they can stay on top of where they can get the most cash back and remember to activate the cards online every 3 months. If you can do those two things, these cards will provide you with the highest cash back you can get. However, if you're not careful with these cards you'll end up getting a measly 1% back.

No matter what cash back credit card you end up getting, it should provide you with no less than 1.5% back on most purchases, it shouldn't charge any annual fees, and should provide you with statement credit or actual cash rewards. Watch out for cards that are advertised as "cash back" but in reality award you with points that can only be redeemed for merchandise with certain brands. Store cards will often do this. All the credit cards we recommended above are true cash back credit cards. That means you can use the rewards you earn to wipe out charges on your bill.

Robert Harrow

Robert is the head of the Credit Card vertical at ValuePenguin and has been covering the card industry since 2014. His work has been featured in Reuters, Marketwatch, the New York Times and more.

Comments and Questions

Opinions, analyses, reviews, or recommendations expressed here are the author's alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer's Affiliate Program. For a full list of our advertisers see our disclosure page

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.

Info about the following cards: Premier Rewards Gold Card from American Express, Delta Reserve® Credit Card from American Express, Platinum Delta SkyMiles® Credit Card from American Express, Hilton Honors Surpass® Credit Card, American Express® Blue Sky, American Express® Green Card, The Amex EveryDay® Preferred Credit Card from American Express, The Amex EveryDay® Credit Card from American Express, The Plenti® Credit Card from Amex, Blue from American Express®, Platinum Card® from American Express Exclusively for Mercedes-Benz, Bluebird, Centurion® Card from American Express, Hilton Honors American Express Aspire Card, Starwood Preferred Guest® American Express Luxury Card, and Amazon Business American Express Card has been collected independently by ValuePenguin. The issuer did not provide the details, nor is it responsible for their accuracy.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred® Card points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).