Cash Back Bonus Credit Card – 5% Back On Everyday Purchases

By admin on Jul 29, 2008 in Reward Credit Card Articles

Is it really possible for you to earn 5% cash back bonus from your cash back credit card? Can you really earn 5% from your everyday purchases? The good news is, yes, now you can! Since the introduction of cash back credit cards in the market, credit card companies are striving to outshine one another by making their offers bigger, more enticing, and more exciting.

Today, there are cash back credit cards that offer as much as 5% rebates from everyday purchases such as purchases made from groceries, drug stores and gas stations. Since everyone needs to purchase items from these establishments almost on a daily basis, cash back credit cards with 5% rebate can really save you a great deal.

Comparing 5% Cash Back Credit Cards

You must be wondering, what particular credit cards in the market have a 5% cash back offer? The most popular ones are the Blue Cash Card from American Express, the Citi® Dividend Platinum Select® MasterCard®, the Discover® More Card and the Discover® Open Road Card. Let’s take a look at what each of these reward credit cards have to offer.

Blue Cash® From American Express

The Blue Cash® from Amex® gives a generous 5% cash back rewards with no limits. That means you can earn as much rewards as you can using you Blue Cash® credit card. It also has a low balance transfer rate of only 4.99% fixed APR, with no annual fee, and a 0% introductory APR on purchases that will last for 6 months.

The Discover® More® Card

This reward credit card from Discover® also gives 5% cash back bonus on selected purchases such as home, gas, travel, movies and restaurant purchases. Discover® More Card holders can also earn from 5% to as much as 20% cash back bonus from selected online shops. It also gives 1% cash back bonus on all other types of purchases that are not qualified for the 5%. You can earn as much rewards as you can and have the chance to double your points when you choose to redeem your rewards from Discover’s 80 Cash Back Bonus Partners.

The Discover® Open Road® Card

For drivers and car owners, this reward credit card is a great choice. It awards 5% cash back bonus from gas and auto maintenance purchases and 1% cash back on all other purchases. The Discover® Open Road® Card holders also has the chance to get 5% to 20% cash back bonus if they purchase from affiliate online stores found at the card’s official online shopping site. This reward credit card also comes with a 0% APR introductory offer.