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Top 4% cash back credit cards

Earn big when you spend on dining, entertainment, gas and more.

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Fact checked

Our pick for a 4% cash back card: Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi logo

Up to 4%

Cash back

  • One of the most well-rounded cashback cards
  • 4% on gas on up to $7,000, then 1%
  • 3% on restaurants and travel
  • 2% at Costco
Apply now
A 4% cashback credit card is a rare find. These cards either have no annual fee or cost less than $100 each year. But this can be easily offset, especially if you spend heavily on categories like dining, entertainment or gas. Here’s a closer look at the details on this vanishing breed of card.

We looked at all credit cards that offer at least 4% cash back on any category. Then we narrowed those cards down by comparing factors such as their annual fee, intro APR and signup bonus. We highlighted the cards that stood out in one or more category.

A closer look at 4% cashback credit card options

Best for high signup bonus credit card

Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card logo
Finder Rating: 4.4 / 5

★★★★★

Credit recommended (670-850)
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Rates & fees

670
Min. credit score
$95 ongoing
Annual fee
Up to 8%
Cash back
$300
Welcome offer
If you spend more than $5,000 annually on dining and entertainment, the Capital One® Savor® Cash Rewards Credit Card could be a solid addition to your wallet. It lets you earn accelerated cash back on these categories, plus you get a solid signup bonus and no foreign transaction fees.
  • Signup bonus. Spend $3,000 on purchases during your first 3 months of card membership and get a $300 cash bonus.
  • Cash back. Earn 4% cash back on dining and entertainment purchases — including tickets for concerts, sporting events, movies, theme parks, bowling alleys and more — 2% back at grocery stores and 1% back on everything else you buy. Redeem as statement credit or a check.
  • No foreign transaction fees. Use this card freely outside of the US and you won't incur any foreign transaction fees.
  • High minimum credit line. Capital One determines your credit line based on multiple factors. But with this card, you won't get a credit line of less than $5,000.
  • Access to VIP packages.Get access to VIP packages or lounges for some of the biggest concerts and music festivals. Also get VIP experiences, discounts and on-site perks for big sports events.
Annual Fee $0 intro annual fee for the first year ($95 thereafter)
Purchase APR 15.99% or 24.99% variable
Balance transfer APR 15.99% or 24.99% variable
Welcome offer $300 after spending $3,000 in the first 3 months
Rewards 8% cash back with Vivid Seats, 5% on Uber Eats, 4% on dining and entertainment, 2% at grocery stores and 1% on all other purchases

Best for gas credit card

Costco Anywhere Visa® Card by Citi

Costco Anywhere Visa® Card by Citi logo
Finder Rating: 3.6 / 5

★★★★★

Credit recommended (740-850)
Apply now
on Citi's secure site
740
Min. credit score
$0
Annual fee
Up to 4%
Cash back
n/a
Welcome offer
The Costco Anywhere Visa® Card by Citi can be a good choice for those who spend mostly on gas and are frequent Costco shoppers. You won't get a signup bonus, but you get accelerated cash back on gas, dining, travel and Costco purchases. In the long run, this beats any signup bonus you can get with another card.
  • Cash back. Earn 4% cash back on gas for the first $7,000 in purchases per year, then 1%. Get 3% back on dining and travel and 2% back on Costco and Costco.com purchases. On everything else you buy, earn 1% cash back.
  • Use the card as a Costco membership ID. To enter Costco, you need to show your membership card. As a Costco Anywhere Visa® Card by Citi cardholder, you can show your card for entry.
  • No foreign transaction fee. Use this card when traveling abroad without fear of incurring foreign transaction fees.
Annual Fee $0
Purchase APR 15.24% variable
Balance transfer APR 15.24% variable
Welcome offer N/A
Rewards 4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases

How to choose the best 4% cashback credit card

With only so many 4% reward cards available, choosing one comes down to asking yourself a few simple questions:

  • Do you want a no-annual-fee card?
    The Costco Anywhere Visa® Card by Citi would be a great choice if you want to earn accelerated rewards on gas purchases paid at the pump and at supermarkets without paying an annual fee.
  • Do you want high signup bonus?
    If you want to maximize your earnings during your first year, the Capital One® Savor® Cash Rewards Credit Card would be the way to go. You get to earn a generous signup bonus and high cash back on dining and entertainment purchases.
  • Do you spend mostly on gas?
    With the Capital One® Savor® Cash Rewards Credit Card, you get to earn high cashback rate on gas, dining, travel and Costco purchases.

Alternatives to 4% cashback credit cards

Given the small selection of 4% cards, it’s smart to have a few different card choices at the ready. A few solid alternatives include:

  • Rotating category cards. A rotating category reward card can offer reward rates exceeding 4%. The tradeoff is your highest reward categories change each quarter.
  • Flat rate reward cards. If you don’t spend much in any one category, a cashback card that earns an unlimited flat rate of 1.5% or 2% may provide a comparable or better value.

Compare credit cards with 4% cash back or more

Name Product Welcome offer Rewards Annual fee Filter values
Chase Freedom Flex℠
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
$0
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Blue Cash Preferred® Card from American Express
$250 after spending $1,000 in the first 3 months
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
$95
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $250. This heavy-hitter rewards card has uncontested value. Rates & fees
Chase Freedom Unlimited®
$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores on up to $12,000 in the first year
5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases
$0
This solid 1.5% cashback card gets even better with the addition of up to 5% back in categories like travel, drug stores and dining.
Costco Anywhere Visa® Card by Citi
N/A
4% at gas stations on up to $7,000 annually (then 1%), 3% at restaurants and on travel, 2% at Costco and 1% on all other purchases
$0
An impressive cashback card that offers up to 4% back on everyday purchases like gas, travel and dining all for the cost of a Costco membership.
CardMatch™ from creditcards.com
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Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
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Bottom line

The 4% cashback credit cards are great for earning accelerated rewards on up to two categories, such as dining, entertainment and gas. Often, you get to earn 3% or 2% back on additional category like groceries, travel or streaming services. And if you’re looking for a solid signup bonus, you may have to pay an annual fee.

If you’re not sure if either of these cards would be a good choice, check out other cashback credit cards and compare your options until you find the right card for your needs.

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