The 2x Capital One miles you earn can “erase” a travel purchase, such as a flight, hotel stay, or other travel-related charges, which makes it a 2% cash return card if you like to travel.
You can also earn 5x miles on hotels and rental cars booked through the administrative centre One Travel Portal, worth 5% cash return.
Small business owners can get in on the simple 2% cash return rewards, too.
Our top pick ranks highly on our set of the best cash back business cards.
The American Express Blue Business Cash™ Card earns 2% cash return on up to $50,000 in spending per calendar year (then 1%).
The innovative security and debt management features and lack of the usual despised fees make this a fresh and unique addition to your financial toolkit.
Android users and those searching for a sign-up bonus or travel rewards program should look elsewhere.
Enjoy flat-rate rewards with your Bread Cashback American Express Card.
Plus, receive purchase protection in case an item you get with this card is damaged or stolen.
And while it does offer 2% cash-back that’s automatically credited to your statement, it’s capped at $50,000 per twelve months.
Also, this card does not have any preset spending limit, Visa Signature privileges, travel insurance, purchase security, zero fraud liability, and no fees for authorized users.
Best For 2% Cash Back
the SoFi card.
One of many newer entrants to the cash-back credit card realm is SoFi, just about the most popular fintech companies in the U.S.
- As the annual fee is high, if you’re an avid traveler, the $300 annual travel credit might help justify the expense.
- The Capital One Quicksilver Cash Rewards Credit Card is really a mainstay among flat-rate rewards cards.
- Those are temporary benefits, but in the event that you already have a TD Bank-account, the cash back returns with this card match many on the list.
- There’s no preset credit limit, but you’ll have to pay your balance completely every month or incur a 2.99 percent late fee on your own outstanding statement balance.
The Citi Custom Cash℠ is similar to a rotating categories card, but personalized.
It offers 5% cash back on the cardholder’s most used category each billing cycle, on spending up to $500 a month.
While it’s a great card, its low spending cap for supplemental income back, combined with the absence of bonus categories, leaves it just a little behind additional options.
Cash back rewards will be the most straightforward type and usually rebate a percentage of spending in the form of a check or statement credit.
Rewards predicated on points or miles offer greater flexibility in how they’re redeemed, whether as travel, gift cards, merchandise, or even more.
The higher your credit score, the more bank cards you potentially have available to you, and the better those cards will are generally in terms of interest rates, lines of credit, and rewards programs.
Virtual Card Numbers
For example, a specialized dining card may get you bonus cash back at restaurants, while a card partnered with a specific store might give extra rewards or discount rates on purchases with that retailer.
The Citi Diamond Preferred Credit Card is a superb choice for transferring a balance.
It offers a 0% introductory rate on purchases for 12 months and 0% on transfers of balance for 21 months.
To find the best credit cards for our list, we evaluated each card based on its fees, rewards, welcome bonuses, introductory offers, features, and benefits.
The best bank cards offer cash return, miles, or points; offer protection on purchases; and offer interest-free financing opportunities and other valuable benefits.
However, with so many credit cards to choose from, it usually is challenging to find the right card for the situation.
This card earns an unlimited 1.5% cash back on every purchase without caps on what much you can receive.
Plus, you’ll earn a one-time cash bonus of $200 when you spend $500 on purchases within three months of opening your account.
New cardholders will also enjoy no interest for 15 months with a 0% intro APR offer.
There is absolutely no annual fee or foreign transaction fees on international purchases.
The Capital One Quicksilver Cash Rewards CHARGE CARD is really a mainstay among flat-rate rewards cards.
It earns cash return on all purchases with no annual or foreign transaction fees, rendering it a great card for any budget.
If you have a decent amount of spending approaching and are searching for a small-business card, the administrative centre One Spark Cash Plus could be the right option for you.
While earning 2% cash return on all purchases is one reason to achieve the card, the existing sign-up bonus makes it a lot more enticing.
The card also offers a welcome offer where you’ll receive a $250 statement credit once you make $3,000 in purchases on your card in your first three months.
While this card includes a $0 annual fee, the card doesn’t offer many perks in the way of purchase or travel protection.
It’s also not an ideal card for international travel because of its 3% foreign transaction fee.
This card earns an unlimited 2% cash-back on every purchase when redeemed through the Cash Rewards program.
But in modern times, competition in this space has grown significantly — today, there are 2% cash-back bank cards that are worth discussing.
We may be compensated once you select product links, such as for example credit cards, in one or even more of our advertising partners.
See our Advertiser Disclosure for more about our partners, how we earn money, and our rating methodology.
Assign an account manager to make purchases and payments, review transactions and resolve any problems.
This might influence which products we review and write about (and where those products appear on the webpage), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.
Our partners cannot pay us to ensure favorable reviews of their products or services.
Earn unlimited 1.5x Miles for each and every dollar allocated to all purchases – from airfare and hotels to groceries and online shopping.