What credit card do you recommend for the most cash back (personal & business)?

September 3, 2022

Cash-back cards can be a great tool, but they must be used carefully. Almost every card carries a high interest rate so if you don't pay off the balance every month, you'll most likely end up paying more in interest than whatever cash back you earn.

There are truly unlimited options out there but personally, I use two cards for my personal life and one for business:

Apple Card - personal

  • 3% cash back on Apple Products
  • 2% cash back on anything when using Apple Pay
  • 1% cash back on everything else
  • No annual fee
  • Physical and digital cards
  • Cleanest UI/UX in existence
  • Visit apple.com/apple-card

Chase Sapphire Preferred - personal

  • If you enjoy occasional free travel, this can be a great card
  • 2x back on travel, 3x on dining, 1x cash value
  • Accumulated points can be used for travel, cash back, etc
  • $95 annual fee (can be worth it if used enough and points are maximized)
  • View card

American Express Blue Business® Plus Credit Card

  • $0 annual fee
  • 2x back on eligible business purchases, 1x back on other
  • For businesses with high expenses, it can be worth paying for a better card that has higher cash back rewards
  • For example, ecomm stores that run consistent ads can rack up significant points for spending they need to do anyways
  • View Blue Business Plus card
  • View Blue Business 2% Cash card

A lot of cards offer 3-7% cash back on very specific categories, like online subscriptions or dining, but chasing these cards to get an extra few percent back isn't worth it in my opinion. One day you'll have a wallet or purse full of cards, payments will probably get missed because there's too many to keep track of, and you'll start to resent the magical "cash back".

I like to stick with one or two well-rounded cards, take advantage of their benefits, and not worry about them. My time and mental energy is better spent trying to earn more money than searching for an extra 2% back on $1,000 of spending. I'd assume that's true for yourself too.

But if you want to dive deeper into credit card hacks, I highly recommend checking out The Points Guy. He compares all the different options, breaks down pros and cons, and frequently updates the site with new cards & reward offers.

Whatever you decide to go with, make sure that you're aware of the annual fee and consider whether or not the cost is worth the potential benefits.

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