Cash back credit cards offer responsible spenders an incentive each time they make a purchase. Typically, the amount that is offered is about 1%, this is a huge contrast to the cash back credit cards that consumers were using not too long ago, that were offering up to 5% cash back on purchases. However, this is not to say that an individual cannot find a card with a higher cash rebate than 1%. Please continue reading for a list of the best cash back credit cards available. It is important to note that in order to maximize the earning potential of your card, you must pay the bill on time, avoiding late fees and any interest charges. Also, whenever possible, the bill should be paid in full each month.

Chase Freedom Visa - $200 Bonus Cash Back offers 1% cash back on all purchases. Additionally, consumers can earn 5% cash back on select purchases throughout the year; there is a cap on the amount you can earn. In order for individuals to qualify for the 5% cash back, the account must be in good standing and the provisions of the terms and conditions are adhered to. An added bonus is you can earn an additional 10% cash back by shopping at select merchants through Chase's Website. Lastly, you must spend at least $500 during the first three months you have the card in order to qualify for the $200 cash back bonus.

Citi Dividend World MasterCard is similar to the Chase Freedom card except consumers get a $100 cash back bonus after $500 is spend during the first 3 months. 1% cash back on all other purchases; with 5% on select purchases. There is no minimum threshold that has to be met before you are eligible for the cash back rebate.

Blue Cash Everyday from American Express provides customers a $25 referral bonus along with 3% cash back on all supermarket purchases, 2% cash back rebate on gas, and 1% on all other purchases.

Discover More Card is not as black and white as the other cards mentioned. For example, cardholders will only earn 0.25% for the first $3000 in purchases and 1% after the $3000 threshold is crossed. Discover More also offers the 5% on select purchases throughout the year but here is a maximum reward amount; once the limit is reached you can on get 1% on remaining purchases. Inactive accounts over 18 months and accounts with missed payments, forfeit any rewards.

PenFed Visa Platinum CashBack Rewards Card offers 5% cash back on gas purchases and 1% on all other purchases. This card is only offered to members of the Pentagon Federal Credit Union.

Capital One No Hassle Cash Rewards Card offers 2% cash back on all grocery and gas buys and 1% cash rebates on all other purchases.

Bank of America Accelerated Rewards American Express Card offers 1.25% cash back on retail purchases. Additionally you can earn a $50 statement credit by spending $50 within 60 days of owning the card and another $25 credit for registering the account at www.amexnetwork.com/get25 before using making a qualified purchase at select stores. This is the card Jason Secci advises all his clients with limited credit to use.

Fidelity Investment Rewards American Express Card gives cardholders 2% cashback on all purchases, however, the only individuals eligible for this card/cash back rebate are Fidelity or SmartCash brokerage account holders.