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Compare 5% cashback credit cards

Earn $5 back per $100 on rotating quarterly categories.

Our pick for 5% cashback: Citi Custom Cash℠ Card

Citi Custom Cash℠ Card logo

Up to 5%

Cash back

    Apply now

    Below are cards that earn 5% back in at least one category. You'll generally need good or excellent credit to qualify for a card with such strong rewards. Compare your options using our table. Select up to four cards and click "Compare" to see how their features stack up. You can also click "Show filters" to narrow your search.

    Name Product Welcome offer Rewards Annual fee Filter values
    Blue Cash Preferred® Card from American Express
    Up to $350: 20% back on Amazon.com purchases in the first 6 months for up to $200 back, plus $150 statement credit after you spend $3,000 in the first 6 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 (redeem as statement credit)
    $0 intro annual fee for the first year ($95 thereafter)
    Earn up to $350. In your first 6 months, you can earn a $150 statement credit when you spend $3,000, and earn 20% back on Amazon purchases made with your card, up to $200 total. Having 6 months to earn a welcome offer is a rare benefit as most cards give you only 3. Terms apply, see rates & fees
    Citi Custom Cash℠ Card
    $200 cash back after spending $750 in the first 3 months. Fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back
    5% cash back on purchases in your top eligible spend category each billing cycle on up to the first $500 spent, then 1% cash back thereafter and on all other purchases
    $0
    A new cashback card that automatically awards 5% to your highest eligible spending category each billing cycle, on up to $500 (then 1%).
    Sam's Club® Mastercard®
    Get a $30 statement credit when you open a new account and make $30 in Sam's Club purchases
    within 30 days.
    Up to 5% at Sam's Club with Plus membership, 5% cash back on gas (on up to $6,000 annually, then 1%), 3% on dining and 1% on all other purchases
    $0
    Earn up to 5% at Sam's Club with Plus membership, 5% cash back on gas (on up to $6,000 annually, then 1%), 3% on dining and 1% on all other purchases.
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    Compare up to 4 providers

    With a few exceptions, a 5% cashback credit card is one of the most rewarding types of cards you can add to your wallet. The main caveat: There are no cashback rewards cards that earn 5% on all purchases, so you’ll need to adjust your spending based on the card’s rotating quarterly categories. Since the cards also have specified spending caps, you’ll only get the 5% cashback rate on up to a designated amount. That’s why the best way to maximize your cash back is to pair this card with a steadier cashback card, like a 1.5% or 3% cashback card.

    How to choose 5% cashback credit cards

    This type of card usually offers 5% cash back on rotating categories every three months, though the categories they earn, spending caps, and cash back they earn on other purchases often vary greatly between cards. Here’s how you can make the choice that best suits your needs:

    • Review your average spending. Many 5% cashback credit cards have a spending cap in place for each quarter. You can earn back up to a certain dollar amount before you start to earn just 1% back on those rotating categories. To make the most of a 5% cashback credit card, you’ll want to make sure you actually spend enough to reach that cap and make the card worth your while.
    • Check the card’s categories. If possible, review the card’s rotating categories ahead of time. This can help you map out a spending plan to meet the cap each quarter. Many providers include multiple spending categories that earn 5% back each rotation to help you avoid a “dud” quarter.
    • Consider the card’s rewards program. Some 5% cashback credit cards earn points that can transfer to travel partners or gain value when redeemed through a different card from the same provider. If you’re looking to squeeze as much value as possible out of your credit card spending, consider a rewards program that allows for this flexibility, such as Amex Membership Rewards or Chase Ultimate Rewards.
    • Consider whether you value flexibility. With the U.S. Bank Cash+™ Visa Signature® Card, you get to choose which categories earn 5% and 2% back each quarter.

    Should I get a 5% cashback credit card?

    To give you an idea of whether a 5% cashback credit card fits your spending lifestyle, here’s a breakdown of what you might earn in several categories assuming an average level of spending each quarter of the year (Q1, Q2, Q3, Q4).

    For this example, we’ll assume we’re spending with the Freedom Flex‘s 2020 categories — each quarter is made up of three months. This table also excludes the Freedom Flex‘s signup bonus on grocery spending.

    Q1 (Jan-Mar)Q2 (Apr-Jun)Q3 (July-Sept)Q4 (Oct-Dec)
    Groceries ($1,500 in spending each quarter)$15.00$75Up to $75 if done at Whole Foods$15.00
    Gas ($750 in spending each quarter)$37.50$7.50$7.50$7.50
    Dining ($690 in spending each quarter)$6.90$6.90$6.90$6.90
    Streaming ($120 in spending each quarter)$1.20$6$1.20$1.20
    Total$60.60$95.40$90.60$30.60

    Total earned annually: $277.20

    Now here’s the same level of spending each quarter when performed with the Citi® Double Cash Card, which earns a maximum of 2% cash back on all purchases.

    Q1Q2Q3Q4
    Groceries ($1,500 in spending each quarter)$30$30$30$30
    Gas ($750 in spending each quarter)$15$15$15$15
    Dining ($690 in spending each quarter)$13.80$13.80$13.80$13.80
    Streaming ($120 in spending each quarter)$2.40$2.40$2.40$2.40
    Total$61.20$61.20$61.20$61.20

    Total earned annually: $244.80
    As you can see, the Citi® Double Cash Card earns a steady and reliable cash back value each month. But in eligible quarters, the Chase Freedom Flex℠ can net a much greater value if you push the spending cap to the max.

    5% cashback credit card pairings

    The rotating cashback structure of a 5% cashback credit card means that it naturally pairs well with a card that can earn accelerated rewards in a steadier fashion. A 1.5% flat rate cashback card or 3% cashback card can fill in the gaps present in the 5% card’s rotating categories.

    In fact, you can combine all three types of cards to ensure you’re always earning more than 1% cashback on a given purchase. This is called a card “trifecta” and is most popular with rewards programs that can easily transfer points across the cards you own. The Chase Trifecta and Amex Trifecta are both great examples of how lucrative this kind of setup can be for your wallet. Here’s a look at the two major earning players in the Chase Trifecta, the Chase Freedom Flex℠ and the Chase Freedom Unlimited®.

    Chase Freedom Flex℠

    Chase Freedom Flex℠ logo
    Finder Rating: 4.7 / 5

    ★★★★★

    Credit recommended (670-850)
    See offer
    on Creditcards.com's secure site
    Rates & fees

    670
    Min. credit score
    $0
    Annual fee
    Up to5%
    Cash back
    $200
    Welcome offer
    If you're looking to earn 5% cash back on as many rotating categories as possible, then the Chase Freedom Flex℠ credit card is a terrific choice. You earn high cash back on rotating categories every three months you activate, which often include gas, groceries and wholesale clubs. Furthermore, the card offers a decent signup bonus, long intro APR period on purchases, and if you make a late payment — you only incur a fee instead of a penalty APR.
    • Cash back. Earn 5% cash back on up to $1,500 in combined purchases on quarterly rotating categories when you activate, including gas, groceries, wholesale clubs, digital wallet payments and more. You can also earn 5% cash back on grocery store purchases (not including Target&reg
    • or Walmart&reg
    • purchases) on up to $12,000 spent in the first year. 5% on travel purchased through Chase Ultimate Rewards, 5% on Lyft rides through March 2022, 3% at restaurants, and 5% on drugstore purchases.
    • Signup bonus. Spend $500 on purchases during your first 3 months of card membership and earn a $200 cash bonus. You can also earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
    • Intro APR period. Enjoy a 0% intro APR period on purchases for the first 15 months following your account opening. After that, a variable APR of 14.99% to 23.74% applies.
    • No penalty APR.
      For late or returned payments, you'll only pay a fee of up to $39. With other cards, you could incur a penalty APR of up to 31% variable, which can last indefinitely.No annual fee. Earn all the cash back you can without paying an annual fee.
    • Reward activation required. You'll need to activate your rewards categories each quarter to earn 5% back. Otherwise, you'll earn just 1% on those purchases.
    Annual Fee $0
    Purchase APR 0% intro for the first 15 months (then 14.99% to 23.74% variable)
    Balance transfer APR 14.99% to 23.74% variable
    Welcome offer$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores (not including Target® or Walmart®) on up to $12,000 in the first year
    Estimated welcome offer value $200 based on Finder's valuation
    Rewards5% cash back on up to $1,500 combined in quarterly categories you activate, 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases

    Chase Freedom Unlimited®

    Chase Freedom Unlimited® logo
    Finder Rating: 4.7 / 5

    ★★★★★

    Credit recommended (670-850)
    See offer
    on Creditcards.com's secure site
    Rates & fees

    670
    Min. credit score
    $0
    Annual fee
    Up to5%
    Cash back
    $200
    Welcome offer
    Similar to the Chase Freedom Flex, you earn 5% cashback on a variety of categories. But with the Chase Freedom Unlimited®, you get something more — an unlimited 1.5% cashback on all purchases aside from the 5% and 3% categories. This is a rare benefit in tiered cashback credit cards. What's more, you get to earn a solid signup bonus, and you get to save money on interest with a long 0% intro APR period on purchases.
    • Cash back. Earn 5% back on travel purchased via the Chase Ultimate Rewards and 5% back on Lyft rides through March 2022. Purchases made at drugstores and restaurants, including delivery and takeout earn 3% back. Earn 1.5% cash back on all other purchases.
    • Signup bonus. Earn a $200 cash bonus after you spend $500 in the first 3 months. You can also earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year.
    • Intro APR period. Get 15 months of 0% intro APR period on purchases. A variable APR of 14.99% to 23.74% applies thereafter.
    • No intro balance transfer APR. This card only possesses a 0% intro purchase APR, so you'll need to look to other options if you need a balance transfer.
    Annual Fee $0
    Purchase APR 0% intro for the first 15 months (then 14.99% to 23.74% variable)
    Balance transfer APR 14.99% to 23.74% variable
    Welcome offer$200 after spending $500 in the first 3 months, plus 5% cash back at grocery stores (not including Target® or Walmart®) on up to $12,000 in the first yeares) on up to $12,000 spent in the first year
    Estimated welcome offer value $800 based on Finder's valuation
    Rewards5% cash back on travel purchased through Chase, 5% on Lyft, 3% on dining and drugstores and 1.5% on all other purchases

    5% cashback credit card alternatives

    Though 5% cashback credit cards are among the highest earners on the market, not every consumer will necessarily perform the type of spending needed to maximize this value. If you don’t want to monitor new categories each quarter, a 3% cashback credit card can offer you a similar level of accelerated earnings in a specific category that won’t change throughout the year.

    However, 3% cashback credit cards usually share the earning caps present on 5% cashback credit cards. If you’d rather not worry about categories or spending caps, a flat-rate 2% or 1.5% cashback credit card is your best bet. Like the name suggests, these cards earn a flat-rate on all purchases, all year round with no limits.

    Bottom line

    Finding a card that offers 5% cash back is a good perk to have. However, there are sometimes categories you have to manage and caps on the amount of cash back you can earn. If you’re not sure if any of these cards would be a good choice, take a look at other cashback credit cards and compare your options until you find the right card for your needs.

    Frequently asked questions

    What does 5% back in rewards mean?
    This means you get $5 back on every $100 you spend. A credit card with $1,500 cap on 5% cash back each quarter will earn you a maximum of $300 on these categories.

    Is there a minimum to redeem cash back?
    It depends, you can redeem either without a minimum or with a $25 minimum, depending on the card.

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