Get money $$ back with a cashback credit card: April’s top deals
With up to $500 back on your spending, these credit cards can pay for themselves pretty quickly.
Credit cards are a flexible way to spend money now and pay it off over time, hopefully quickly to avoid interest charges. And you pay an annual fee for the privilege.
But some credit cards let you earn cash back as you spend. With the best cashback offers, this more than pays for the annual fee.
Here are the best cashback credit cards on the market right now.
1. MONEYME Cashback Rewards Credit Card
The MONEYME Cashback Rewards Credit Card has a Finder Score of 9.9 in the cashback credit card category. This digital-only card gives you a 1% cashback on your everyday purchases.
This is a pretty flexible cashback, and it's offered on your everyday spending up to your monthly credit limit. So if you had a $5,000 credit limit, that's $50 a month in cashbacks.
The card has a $149 annual fee, which is a little higher than the other offers we've featured here.
Want a cashback?
Check out cashback credit card offers from across the market.
2. The Vertigo Card - Cashback offer (St.George, Bank of Melbourne and BankSA)
This trio of identical cards all offer a 10% cashback, up to a total of $500, when you shop at participating supermarkets and petrol stations. This cashback is only available in the first 6 months after activating the card.
The Vertigo cards have a Finder Score of 9.5 in the cashback credit card category and charge a low $55 annual fee, plus a low 13.99% purchase rate.
While this is a big cashback and the annual fee is low, the conditions make it slightly tricky to hit the full amount. You basically have 6 months to spend $5,000 at participating supermarkets and petrol stations.
Most major supermarkets are eligible, but not Costco, Metropolitan Fresh or wholesaler supermarkets.
3. BCU Rewards Credit Card
The BCU Rewards Credit Card has a Finder Score of 9.3 in the cashback credit card category. It also gives you up to $500 cashback, in the form of a 0.49% cashback for every dollar spent on eligible purchases.
It's capped at $500 annually and the annual fee is $89.
The good thing about this cashback is it's not just a one-off. You get it every year. You just need to spend at least $10,250 a year in eligible purchases to get the full cashback.
4. NAB Low Rate - Cashback Offer
The NAB Low Rate - Cashback Offer has a Finder Score of 9.2 in the cashback credit card category. New customers can earn $400 cashback by spending $5,000 in the first 150 days with the card.
The card has a $59 annual fee, which is quite low, and a low 13.49% p.a. purchase rate.
5. ANZ Low Rate - Credit Back Offer
The ANZ Low Rate - Credit Back Offer has a Finder Score of 9.1. You can get up to $400 credit back in the first 6 months if you spend $5,000.
Like the NAB Low Rate Cashback, this is a requirement that's pretty easy to meet. And the annual fee is just $58.
Details of these are correct at time of publication and subject to change.
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