Best Cashback & Rewards Programs to Save Money Every Day

Saving money on everyday purchases has never been easier, thanks to cashback and rewards programs. Whether you’re shopping for groceries, dining out, or making online purchases, these programs allow you to earn money back or accumulate points that can be redeemed for various benefits. In this article, we’ll explore the best cashback and rewards programs available today and how you can maximize your savings.

What Are Cashback and Rewards Programs?

Cashback and rewards programs provide incentives for spending by returning a percentage of your purchase in the form of cash, points, or other benefits. These programs are typically offered by credit card companies, retailers, and apps that partner with merchants to provide exclusive deals and savings opportunities.

Best Cashback Credit Cards

1. Chase Freedom Unlimited

• Cashback Rate: 1.5% unlimited on all purchases
• Bonus Categories: 5% on travel booked through Chase, 3% on dining and drugstores
• Annual Fee: $0
• Best For: Everyday spending and travel rewards

2. Citi Double Cash Card

• Cashback Rate: 2% on all purchases (1% when you buy, 1% when you pay)
• Annual Fee: $0
• Best For: Simple and high-rate cashback on all purchases

3. Discover it Cash Back

• Cashback Rate: 5% on rotating categories (e.g., gas stations, grocery stores, restaurants, etc.)
• Annual Fee: $0
• Best For: Maximizing category-specific rewards

Best Cashback and Rewards Apps

1. Rakuten (formerly Ebates)

• How It Works: Earn cashback when shopping online through the Rakuten portal or browser extension.
• Cashback Rate: Varies by store (up to 10% or more)
• Best For: Online shoppers looking for effortless cashback rewards.

2. Ibotta

• How It Works: Scan receipts or link store accounts to earn cashback on grocery and retail purchases.
• Best For: Grocery shopping and in-store purchases.

3. Dosh

• How It Works: Automatically earns cashback when linked to a credit or debit card used at participating stores.
• Best For: Hands-free cashback rewards.

Best Store Loyalty Programs

1. Target Circle

• Benefits: Earn 1% back on purchases, exclusive deals, and birthday discounts.
• Best For: Regular Target shoppers.

2. Walmart Rewards

• Benefits: Earn points redeemable for future Walmart purchases.
• Best For: Frequent Walmart shoppers.

3. Starbucks Rewards

• Benefits: Earn stars for every purchase, redeemable for free drinks and food.
• Best For: Coffee lovers who visit Starbucks regularly.

How to Maximize Cashback and Rewards

• Use Multiple Programs: Combine credit card cashback with store rewards and cashback apps.
• Stay Updated on Bonus Categories: Take advantage of rotating categories and special promotions.
• Redeem Wisely: Some programs offer higher redemption values for travel or gift cards.
• Pay Bills with Cashback Cards: Maximize rewards by using credit cards for everyday expenses and paying them off in full.

Conclusion

By leveraging the best cashback and rewards programs, you can significantly cut down your expenses and earn money back on everyday purchases. Whether you prefer credit cards, shopping apps, or store loyalty programs, there’s a strategy for everyone to save more effortlessly. Start integrating these programs into your routine and watch your savings grow!