Maximize Your Savings: Credit Cards Offering Cash Back on Utilities and More

Many Americans are facing increasing financial stress, with 56% reporting a rise in daily living costs over the past year, according to a CNBC and SurveyMonkey survey. Utility costs have surged for 49% of respondents, while 32% noted increased housing expenses, including rent or mortgage.

In response, specific credit cards now offer rewards for regular bills without an annual fee. CNBC Select evaluated various credit cards to identify those that best support savings on utilities and recurring expenses, aligning with consumer financial management goals.

The U.S. Bank Cash+® Visa Signature® Card stands out by offering 5% cash back on combined eligible quarterly purchases up to $2,000 in two selectable categories, including home utilities. Cardholders can maximize this benefit by keeping utility spending under $666 monthly. Additional perks include 2% cash back in another category, such as groceries or gas, with a $0 annual fee and a $250 welcome bonus once spending criteria are met.

The Bilt Blue Card is another valuable option, rewarding points for rent or mortgage payments without an annual fee. It allows cardholders to earn travel points through its rewards system and offers a $100 Bilt Cash bonus upon approval, making it a strategic choice for personal finance management.

For cardholders with high streaming subscriptions, the Blue Cash Preferred® Card from American Express offers 6% cash back on select streaming services and U.S. supermarkets. It features a $0 introductory annual fee in the first year, enhancing its appeal for budget-conscious consumers.

Seeking simplicity, the Wells Fargo Active Cash® Card delivers flat 2% cash rewards on all purchases, adding value with cell phone protection and a flexible welcome bonus structure. The Citi Double Cash® Credit Card is another straightforward option, providing consistent 2% cash back on purchases, split between purchase and payment time. It allows cash back redemption as Citi ThankYou® points, offering flexibility and choice for rewards redemption.

Selecting the right card depends on spending habits and credit management capabilities. CNBC Select's review of over 250 credit cards considered reward structures, fees, and cardholder protections, providing consumers with comprehensive insights to support informed decision-making regarding recurring household expenses.