TAMPA, Fla. — In this Tully's How-To, I explain how to turn your summer spending habits into money you can spend later in the year.
The easiest way to earn money while shopping is using a cash back credit cards. You and your family can earn real dollars and cents instead of points.
Nerd Wallet ranked several cash back cards. Here are the the top choices:
First up, the Wells Fargo Cash Wise card. The top feature is a $200 bonus if you spend $1,000 in the first 3 months. You also earn 1.5% cash back on all purchases, and 1.8% the first year if you use a mobile wallet like Apple Pay.
The Chase Freedom card also scored high marks because it offers 3% cash back on all purchases in the first year, it lowers to 1.5% after that. There is no up front cash bonus with this card.
The HSBC Cash Rewards MasterCard might be perfect for you if you use it on almost everything (and pay it off on time). This card allows you 3% cash back the first year on any purchase up to $10,000 in purchases. It is 1.5% after 12 months. This card also gives you a 10% year end bonus on all cash rewards you earned that year.
There is no annual fee for any of these cards.