Banking Blog

One of the best no fee money back credit card in the market. You will get 2% cash back on upto 3 categories and 0.5% on rest of the purchases. Cash back is credited monthly into savings account. No annual fee on the main and add-on cards.

Pros

1. 2% cash back on the upto 3 categories you choose.
2. Can change the cash back categories every 90 days.
3. No hassle automatic monthly redemption of cash back to savings account.
4. No limit on the cashback.
5. No annual fee on the main and add-on cards.

Cons

1. Just 0.5% cash back on other categories.
2. No signup bonus unless you open no fee savings/chequing account using code 35003180S1.

Moneyback Categories

1. Gas
2. Grocery
3. Drug Store
4. Recurring Bills
5. Restaurants
6. Entertainment
7. Home Improvement
8. Furniture
9. Hotel-Motel
10. Public Transportation and Parking

Good tip to earn more cashback

Add grocery or drug store as moneyback category. Purchase gift cards to spend on other things. Now you will get 2% on most of your spending.

Signup for savings/chequing account using code 35003180S1 so that you will get upto $150 signup bonus.