What Credit Card gives the best cash back rewards?

NerdWallet’s Best Cash Back Credit Cards of May 2021

Chase Freedom Unlimited®: Best for Bonus rewards: 5%/3% categories + high ongoing rate.
Citi® Double Cash Card – 18 month BT offer: Best for Flat-rate cash back: High ongoing rate.
Discover it® Cash Back: Best for Bonus rewards: Quarterly categories + cash-back match.

Do you get 5 back on Amazon pay?

Your card account will earn 5% back instead: If the Amazon.com account through which you apply for your card account has an eligible Prime membership and your card account is loaded into that Amazon.com account. To learn how, visit the “Manage Payment Options” page via “Your Account” page at Amazon.com.

Are reward points refundable?

Most stores have fairly generous return policies that include the option of a store credit or full refund. If you paid for the item with a rewards credit card, then the rewards earned with your purchase—points, miles, or cash back—will be clawed back by your credit card company after you request a refund.

When can you redeem Discover cash back?

We’ll match all the cash back rewards you’ve earned on your credit card from the day your new account is approved through your first 12 consecutive billing periods or 365 days, whichever is longer, and add it to your rewards account within two billing periods.

What is the best way to use Discover cashback?

One of the more interesting ways to use your cashback rewards from Discover is to receive gift cards. These gift cards can be from retail establishments, such as grocery stores, restaurants, and gas stations. But what makes this an interesting option is that you receive $5 added to each gift card for free.

How do I activate my Discover cashback?

How do I sign up for the 5% Cashback Bonus program? It’s free and easy. If you are already a Discover it®or Discover® More® cardmember, log in to the Account Center or call 1-800-DISCOVER (1-800-347-2683) to activate. Remember, you must activate every quarter.