When we were picking out the best cashback card, we wanted to keep a couple things in mind: no annual fees and high percentage rewards. After considering all the top cashback credit cards, the Chase Freedom Credit Card came out on top as our Editor’s Choice. Here’s why:

1. $200 signup bonus. If you spend $500 within the first 3 months of signing up, you will receive a $200 introductory bonus. For those of you who can’t do the math, that’s 40% cashback. 40%! Their $200 bonus doesn’t last forever as we’ve seen them take the offer down in the past, so sign up before it goes down.
2. Excellent cash back rewards. For all cashback credit cards with no annual fee, the percentage cashback on the Chase Freedom Visa is higher than the rest. Chase currently offers 5% cashback rewards on rotating categories. These change every 3 months – the current categories are gasoline, hotels, and airlines. You can get 5% cashback in the rotating categories on up to $1500 spent. Aside from the 5%, the Chase Freedom Card offers 1% cashback on all other purchases. In addition, if you make purchases through Chase’s online network, you can even snag an insanely-high 10% cashback!
3. Easy Rewards Payout. If you do your banking with Chase, you can have the cashback transferred directly to your Chase checking account. Otherwise, you can request a check once you’ve accumulated just $20 in cashback.
4. No annual fee. This will reduce all risk that can be associated with trying a cashback program, so whether you’re a major shopper or a frugal spender, your cashback rewards will always outweigh your annual fee.
5. Excellent customer support and fraud protection. If your card is stolen or used fraudulently, Chase will remove all fraudulent charges on your card quickly and efficiently. Their customer support hotline is available 24/7 to help you resolve your issues.