Best 2% cashback credit card

Cashback credit card received quite exaggerated in the past few years.

With more people changing their travel habits, some individuals have begun to prefer using cash instead of accumulating points. Up until a few years ago, the average cash-back card offered 1%-1.5% cashback – nothing worth writing home about, but some cashback nonetheless.

Now, in fact, there are a number of cards that will give you a solid 2% cashback on every purchase you make—almost without any effort.

With these fixed 2% cashback credit cards, you don’t have to pay attention to category bonuses, trigger increased earning rates, or even choose a category of your choice. The refund is yours, no matter how you make your purchase. It really is as simple as it looks. Best of all, these cards have no limits — or extremes — on how much cashback you can earn.

Related: Best cashback credit card

Best 2% cashback credit card

Citi Double Card

The Citi Double Cash Card is one of the simplest and most valuable credit cards available. With 2% cashback — 1% when you make a purchase, plus 1% when you pay for that purchase — your rewards are simple every time you swipe your card.

Best, if in the future you decide that you want redeem your cashback rewards for travel you’ll have that opportunity instead — if you combine this card with a Citi ThankYou premium product, such as Citi Premier® Card.

Related: Citi Double Cash Card Review

While this card has a $0 annual fee, it doesn’t offer many perks in terms of purchasing or travel protection. It is also not an ideal card for international travel due to the 3% foreign transaction fee.

Official app link: Citi Double Card

Wells Fargo . Active Cash Card

The Wells Fargo . Active Cash Card is one of the few 2% cash bonus cards with no annual fees and also comes with a welcome bonus. With this card, you’ll earn $200 worth of cash rewards after spending $1,000 on purchases in the first three months.

In addition, the card provides mobile phone protection insurance against theft or damage, as long as you pay the entire bill by card. With this benefit, you’ll be covered for up to $600 per claim (with a $25 deductible), although you’re limited to two claims in a 12-month period.

You will get 2% cash bonus as statement credit which makes it easy for you to claim your rewards. There is also no limit to the amount of refunds you can get.

Official app link: Wells Fargo . Active Cash Card

Sync Premier World Mastercard

While the Synchrony Premier World Mastercard isn’t often discussed, it’s a top pick for cashback. You’ll earn 2% cash back on every purchase you make—unlimited—which is automatically applied as a statement credit.

While the card doesn’t offer a sign-up bonus, card members do get some lucrative benefits, even though it’s a card with no annual fees. Because the card is a Mastercard Worldyou’ll get cell phone protection, Lyft credits, Hello Fresh credits, and DoorDash memberships.

with mobile phone protection, you’re covered for up to $600 per claim (with a $50 deductible), up to two claims per year, and $1,000 in annual coverage. A DoorDash membership will give you three free months of membership to DoorDash’s subscription service. Plus, you’ll get 5% back (to use on future orders) on every Hello Fresh order and a $5 credit per month for each month you take three Lyft trips.

PayPal Cashback Mastercard

While this card requires a little more effort to set up, you can still easily earn 2% unlimited cash back on each of your purchases. To sign up for a card, you must have a PayPal account — but fortunately, setting up an account takes just a few more minutes and is completely free.

Related: Cashback Joy: PayPal Cashback Mastercard Review

Then, to get your cash back, you have two options: You can either deposit the money into your PayPal Cash or PayPal Cash Plus account, or you can transfer it to your bank account or debit card linked to your PayPal account. Friend. While this requires you to actually withdraw your earnings, you can redeem your cash anytime that suits you without any minimum amount.

Similar to many other cards that don’t charge an annual fee, the card doesn’t come with too many perks. This is not a card for international use due to the 3% foreign transaction fee.

American Express Blue Business Cash Card

Another business credit card that will earn you 2% cash back is American Express Blue Business Cash Card. The card is also super simple, but your additional earnings are capped at $50,000 per calendar year (then 1%). Redeeming your cash is super easy, as you’ll automatically receive your hard-earned money as a monthly statement credit. If you have a small business that spends less than the annual threshold, this could be a preferred card due to its $0 annual fee (see rates and fees).

Related: Double cashback with no annual fees: American Express Green Business Cash Card Review

The card also has a welcome offer where you’ll get a $250 statement credit after you make a $3,000 purchase on your card in the first three months.

Official app link: American Express Blue Business Cash Card

Capital One Spark Cash Plus

If you’re on a budget and looking for a small business business card, then Capital One Spark Cash Plus could be the right choice for you. While earning 2% cash back on all purchases is a reason to get the card, Current signup bonus make it even more attractive.

Right now, the card is offering up to $1,000 in cash. You will earn $500 when you spend $5,000 in the first three months and $500 after you spend $50,000 in the first six months of account opening.

This is a great incentive to start your company’s cash reserves, but it has a high spending requirement to unlock the rewards.

Related: Improved Rewards on Solid Business Cards: Capital One Spark Cash Plus Review

While the card may be tempting at first due to its large sign-up bonus, you’ll want to ensure continued benefits far outweigh the $150 annual fee in subsequent years. If they do, you’ll enjoy benefits like no foreign transaction fees, roadside assistance*, extended warranty protection*, and a free employee pass. Plus, if you spend $200,000 or more on the card annually, you’ll receive a $200 cash bonus, which will offset the $150 annual fee.

*Benefits are only available to accounts approved for the Visa Signature card. Terms apply.

Official app link: Capital One Spark Cash Plus

If you want simplicity in your life, then 2% credit card refund could be the way to go.

While other credit cards offer more rewards for category-specific purchases, they may require you to organize multiple cards in your wallet at once while considering which cards will work. used for every purchase you make. Knowing that you will always get 2% cash back could be an easier and more appealing option for you.

For rates and fees for the American Express Blue Business Cash Card, click This.

Additional reporting by Ryan Wilcox.