Cash back credit cards are a great option if you're looking for a hassle free rewards program. There are a lot of cash back credit cards out there and trust me when I say they're not all created equal.
When shopping for a new credit card, take into consideration factors like the annual fee and the interest rate. While 2% cash back might sound like a great offer, you’re only going to collect if you can spend enough to net a profit after the annual fee. I suggest comparing credit card offers to make sure you're getting the best deal before you sign on the dotted line.
If you don't have time to surf the web looking for the perfect credit card, don't fret because I've done all the work for you. Take a look at the chart below to give you a bird's eye view of the best cash back credit cards on the market right now.
I don't want to sway you in one direction or another so they're listed in alphabetical order. However if you check out our Facebook page today, you'll see which credit card is my favourite!
|Card||Interest Rate||Annual Fee||Cash Back Rate|
|American Express SimplyCash Card||19.99%||$0.00|
|BMO Cashback World MasterCard||19.90%||$150.00|
|BMO Cashback MasterCard||19.90%||$0.00|
|CIBC Dividend Unlimited||19.99%||$79.00|
|Cash Back MasterCard RBC||19.99%||$0.00|
|Visa Cash Back RBC||19.99%||$19.00|
|Scotia Momentum Visa Infinite||19.99%||$99.00|
|Scotiabank Momentum Visa||19.99%||$39.00|
|TD Cash Back MasterCard||19.99%||$0.00|
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