Tag: Dining Out

Advertiser Disclosure

Best of, Earning Cashback

7 Best Cash Back Credit Cards for Dining Out in December 2017

The editorial content on this page is not provided by any financial institution and has not been reviewed, approved or otherwise endorsed by any of these entities.

iStock

If you’re someone who frequently dines out, cashback credit cards that reward you for it are a great way to put money back in your pocket. Cashback cards for dining can earn you rewards for purchases made through restaurants, bars and takeout establishments. This is a great way for foodies to reap extra rewards just by doing what they love — eating!

We picked the following cards because they offer competitive cashback rates above 2% for dining-related purchases, as well as have low or no annual fees. As with most rewards credit cards, you may lose your cashback rewards if your account is not in good standing.

Uber Visa Card – 4% cash back

Uber Visa Card

Annual fee

$0 For First Year

$0 Ongoing

Cashback Rate

4% back on dining, 3% back on hotel and airfare, 2% back for online purchases, and 1% on everything else

APR

15.99%-24.74%

variable

The Uber Visa Card offers unlimited 4% back on dining purchases that will benefit the biggest foodies. Additionally, earn 3% back on hotels and airfare, including vacation home rentals; 2% back on online purchases that include Uber, online shopping and video and music streaming services; and 1% back on all other purchases. Dining purchases include those made at restaurants, fast-food restaurants, bars and UberEATS. Your rewards come in the form of points with a value of $0.01 per point (so 2,500 points can be redeemed for a $25 statement credit, for example). Another cool perk: There is a great sign-up bonus of 10,000 points (worth $100) if you spend $500 within the first 90 days of account opening. You can read our full review here.

AARP® Credit Card from Chase – 3% cash back

AARP® Credit Card from Chase Bank

Annual fee

$0 For First Year

$0 Ongoing

Cashback Rate

3% cash back at restaurants and gas station purchases, 1% on everything else

APR

16.49%

Don’t be led astray by the name: This card isn’t limited to people over 50 — anyone can apply. The AARP® Credit Card from Chase offers 3% cash back at restaurants (including fast food) and gas station purchases, and all other purchases will earn 1%. There is a great sign-up bonus of $200 after you spend $500 on purchases in the first three months from account opening.

The information related to the AARP® Credit Card from Chase has been collected by MagnifyMoney.com and has not been reviewed or provided by the issuer of this card.

Sam’s Club Mastercard® – 3% cash back

Sams Club MasterCard

Annual fee

$0 For First Year

$0 Ongoing

Cashback Rate

5% cash back on gas (on first $6,000 per year in purchases, then 1%), 3% on dining and travel, and 1% on other purchases

APR

11.65%

APPLY NOW Secured

on Sam's Club’s secure website

The Sam’s Club Mastercard® offers 3% cash back on restaurant purchases (excluding purchases at wholesale clubs other than Sam’s Club). You will also earn 5% cash back on gas (on the first $6,000 per year in purchases, then 1%), 3% on travel and 1% on other purchases. From now until Dec. 31, you can receive a $45 statement credit if you open your card online and make a $45 purchase on Samsclub.com on the same day you open your account. However, you do need a Sam’s Club membership to apply, and current membership fees start at $45 per year.

Take note that you’re limited to earning a maximum of $5,000 in cashback rewards in a calendar year. Checks are issued each February for the cash back earned during the previous calendar year. You will lose any cash back you earned if you end your membership or let it lapse, or if you accumulate less than $5 cash back in a calendar year.

Costco Anywhere Visa® by Citi – 3% cash back

Costco Anywhere Visa® Card by Citi

Annual fee

$0

Cashback Rate

4% on eligible gas worldwide, including Costco (for the first $7,000 per year and then 1%), 3% on restaurant and eligible travel worldwide, 2% on all other purchases at Costco and Costco.com and 1% on everything else

APR

16.24%

APPLY NOW Secured

on Citibank’s secure website

The Costco Anywhere Visa® by Citi requires a Costco membership (currently, annual memberships start at $60) and offers 3% cash back on restaurant purchases, including at cafes, bars, lounges and fast-food restaurants. Take note that purchases made at bakeries and certain restaurants/cafes in department stores, groceries or warehouse clubs will only earn 1%. In addition, earn 4% on eligible gas worldwide, including Costco (for the first $7,000 per year and then 1%), 3% on eligible travel worldwide, 2% on all other purchases at Costco and Costco.com and 1% on everything else, including the nonqualifying purchases listed above.

Cash back comes as an annual credit card reward certificate in February billing statements, redeemable for cash or merchandise at U.S. Costco Warehouses. You must maintain your Costco membership to receive rewards, and you will also lose rewards if you accumulate less than $1 in cash back or if you don’t redeem them by the end of the year.

Capital One® SavorSM Cash Rewards Credit Card – 3% cash back

The Savor℠ card From Capital One

Annual fee

$0

Cashback Rate

3% on dining, 2% on groceries, 1% on all other purchases

APR

15.49%-24.49%

APPLY NOW Secured

on Capital One’s secure website

The Capital One® SavorSM Cash Rewards Credit Card enables you to  earn unlimited 3% cash back on dining, as well as 2% on groceries and 1% on all other purchases. Also, there is a one-time $150 cash bonus after you spend $500 on purchases within the first three months from account opening. (The card website specifies that the one-time bonus is available by applying through the site, and may not be available if an applicant navigates away from the page. Also, the bonus may not be available for existing or previous accountholders.)

Alternatives: Rotating Cashback Categories

Chase Freedom® – 5% cash back

Chase Freedom<sup>®</sup>

Annual fee

$0

Cashback Rate

5% on certain categories, 1% on everything else

APR

15.99%-24.74%

Variable

APPLY NOW Secured

on Chase’s secure website

The Chase Freedom® card offers rotating bonus categories that earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter (then 1%). All other purchases will earn 1% cash back. This past July through September, the bonus category was restaurants. Through the rest of this year, October-December, is Walmart. You must activate the bonus category to earn at the higher rate. You can also earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

Discover it® Cashback Match™ – 5% cash back

Discover it® - Cashback Match<sup>TM</sup>

Annual fee

$0

Cashback Rate

5% on certain categories, 1% on everything else

APR

11.99%-23.99%

Variable

APPLY NOW Secured

on Discover’s secure website

Rates & Fees

The Discover it® Cashback Match™ offers 5% cash back in different places (on up to $1,500 in purchases each quarter, then 1%) and 1% on all other purchases. Restaurants are slated to be a bonus category from July 1 through Sept. 30, 2018. Set a reminder to activate the bonus category. In addition to a cashback program, Discover is offering a first year cashback reward in which it will automatically match all the cash back you’ve earned at the end of your first year.

Are these deals the best for you?

Cashback rewards should only be pursued by responsible credit users who have no trouble paying off their balance on time and in full every month. If you’re a credit all-star who also has an affinity for dining out, these cards will provide the best perks.

If you’re apt to carry a balance, check out our picks for the best credit cards that can help you pay down debt faster.

As always, check the fine print on each card before signing up, taking special note of any fees. With those things in mind, decide which rewards structure best serves your typical spending activity and enjoy the cashback benefits — and the good eats.

promo-cashback-wide

Alexandria White
Alexandria White |

Alexandria White is a writer at MagnifyMoney. You can email Alexandria at alexandria@magnifymoney.com

TAGS: , , ,