Best 2% Cash Back Credit Cards

These attractive cash-back credit cards let you rack up rewards.

If you choose the best rewards credit card, you’ll earn money whenever you use it. The best cash back credit cards all have different terms, so it takes some research to choose the right one. GOBankingRates has identified five of the top cash back credit cards, with offers of at least 2 percent cash back. Review these cash rewards credit card offers to find the best one for you.

Citi Double Cash Card

Among the best cash rewards credit cards, the Citi Double Cash Card offers 2 percent cash back, split two ways. Get 1 percent when you make purchases and an additional 1 percent as you pay off the balance.

Citi Double Cash Card Pros

  • No annual fee
  • 0% APR on balance transfers for the first 18 months
  • No limit on the amount of cash back you can earn and no restrictions on the types of purchases that earn cash back

Citi Double Cash Card Cons

  • The interest rate is higher for those with lower credit

Click to see what type of credit card you should get.

Savor Rewards From Capital One

As one of the best cash back cards, the Savor Rewards Card from Capital One pays you 2 percent cash back for grocery purchases and 4 percent cash back on dining and entertainment, although the rate drops to 1 percent for other purchases.

Savor Rewards From Capital One Pros

  • Earn cash back as high as 4 percent
  • Get $500 cash bonus for spending $3,000 within the first three months

Savor Rewards From Capital One Cons

  • Most purchases only earn 1 percent cash back
  • $95 annual fee after the first year

Related: 10 Inventive Ways to Make Money Using Your Credit Card

Bank of America Cash Rewards Credit Card

The Bank of America Cash Rewards Credit Card offers 2 percent cash back on all club and grocery store purchases and 3 percent cash back on gasoline for your first $2,500 in combined purchases at club stores, grocery stores and gas stations each quarter, plus 1 percent for other purchases.

Bank of America Cash Rewards Credit Card Pros

  • No annual fee
  • 0% introductory interest rate for the first year
  • Bank of America customers who redeem their cash back into their checking or savings account get more rewards

Bank of America Cash Rewards Credit Card Cons

  • The highest cash-back rates are limited to $2,500 in purchases each quarter

Get Inspired: How I Used My Credit Card Rewards to Get a Kitchen Upgrade

US Bank Cash+ Visa

One of the best credit card offers is the customizable US Bank Cash+ Visa. Choose one everyday purchase category of which you get 2 percent cash back. Earn 1 percent for all other categories, with no limit, and 5 percent on your first $2,000 in combined net purchases each quarter in two categories of your choice.

US Bank Cash+ Visa Pros

  • No annual fee
  • 0% introductory interest rate for the first year on any balances transferred within 60 days from account opening
  •  You can choose the categories on which you get the biggest rewards

US Bank Cash+ Visa Cons

  • Cash-back system is customizable but also somewhat complicated

Chase Ink Business Cash Credit Card

The Chase Ink Business Cash Credit Card gives you 2 percent cash back on the first $25,000 you spend on restaurant and gas station purchases, and 5 percent cash back for internet, cable, phone services and charges you make at office supply stores, plus 1 percent on everything else.

Ink Business Cash Credit Card Pros

  • No annual fee
  • Cash-back rewards of up to 5 percent
  • Redeem your earnings for cash, travel, gift cards, or other gifts through the Chase Rewards program
  • Get cards for your employees at no additional cost

Ink Business Cash Credit Card Cons

  • Need to charge business purchases to get the maximum percentage of cash back
Best 2% Cash Back Credit Cards At a Glance
Credit CardAPRAnnual FeeCash Back Rates
Citi Double Cash Card0% on balance transfers for 18 months, then 15.24% – 25.24%None1% on purchases; 1% on balance paid off
Savor Rewards from Capital One16.24% – 25.24% variable APR$0 for the first year, then $95 per yearEarn unlimited 4% cash back on dining and entertainment; 2% at grocery stores; 1% on all other purchases
Bank of America Cash Rewards Credit Card0% for the first 12 billing cycles on purchases and balances transferred within 60 days from account opening; 14.99% – 24.99% thereafterNone1% cash back on every purchase; 2% at grocery stores and wholesale clubs; 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
US Bank Cash+ Visa0% for the first 12 billing cycles on balances transferred within 60 days from account opening; 15.74% – 24.74% thereafterNone5% cash back on your first $2,000 in combined eligible net purchases each quarter on two categories you choose; 2% cash back on one everyday category; 1% cash back on all other eligible net purchases
Ink Business Cash Credit Card0% APR on purchases and balance transfers for 12 months; 14.99% – 20.99% thereafterNone2% cash back on the first $25,000 you spend for restaurant and gas station purchases and 5% cash back for internet, cable and phone services and charges you make at office supply stores; plus 1% on everything else
Information accurate as of Aug. 30, 2018.

The Best 2% Cash Rewards Credit Card

Among the best cash back credit cards, the Citi Double Cash Card stands out because you get unlimited rewards for every type of purchase. Combine that with no annual fee and an attractive 0% APR introductory offer, and it’s among the very best cash rewards credit card.

Click to see the best ways to use credit card rewards points.

More on Credit Cards

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions, and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved, or otherwise endorsed by the companies included in the article. All fees and rates are subject to change at the issuers’ discretion, and some bonus offers might no longer be available on the issuers’ websites, depending on how you access the web page.

 

Editorial Note: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are author’s alone, not those of the bank advertiser, and have not been reviewed, approved or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.