What is the best 2% cash back credit card?

No, there aren’t any 10% cash back credit cards currently, at least none offering that much back on all purchases. From time to time, it’s possible to find a credit card offering 10% cash back in specific spending categories or when there’s a promotional offer. But this is extremely rare. However, there are several credit cards on the market that offer high cash back rates. … read full answer

Here are some good credit cards with high cash back rates:

Blue Cash Preferred offers 6% cash back at U.S. supermarkets (up to $6,000 spent per year), 6% back on select U.S. streaming subscriptions, 3% back at U.S. gas stations and on transit, and 1% back on all other purchases, earned as statement credits. With this card, you also earn $250 statement credit for spending $3,000 in the first 6 months.

Chase Freedom Unlimited offers 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year).

Citi Custom Cash offers 5% cash back in your top eligible spend category each billing cycle (up to $500 spent, 1% back thereafter), as well as 1% back on all other purchases. Plus, this card gives you $200 for spending $1,500 in the first 6 months.

U.S. Bank Cash+ offers 5% cash back on two categories of your choice (up to $2,000 each quarter), 5% back on prepaid air, hotel and car reservations booked in the Rewards Center, 2% on your choice of one everyday category (like gas stations, grocery stores or restaurants) and 1% on all other purchases. Plus, this card gives you $200 cash back for spending $1,000 in the first 120 days.

CB2 Credit Card offers 10% back in reward dollars at CB2, 2% on groceries and 1% back on all other purchases.

All of these credit cards give at least 5% cash back on certain expenses. Some of those categories may change quarterly or yearly, require activation and usually have a cap. However, 10% cash back credit card offers are extremely rare and they’re usually available for a limited time only. There’s never been a general-purpose credit card that rewards users with 10% cash back on all purchases.

The best 2.5% cash back credit card is the Alliant Cashback Visa® Signature Credit Card. Cardholders earn 2.5% cash back on the first $10,000 per month (with qualifications met) and 1.5% otherwise, and the card’s annual fee is $0.

To get the card, you’ll need to be a member of the Alliant Credit Union, but it’s not difficult to join. Some people are eligible for free, and everyone else can qualify with a $5 donation to Foster Care to Success. You’ll also need excellent credit to be approved for the card.… read full answer

Currently, there are no other credit cards offering a flat 2.5% cash back rewards rate on all purchases. But there are cards that offer even higher earning rates in specific spending categories.

Best 2.5%+ Cash Back Credit Cards

If you don’t want to keep track of specific categories and are looking for a flat cash back rate, the Wells Fargo Active Cash® Card is another good option. It gives 2% cash rewards on purchases and has an annual fee of $0. The Wells Fargo Active Cash also offers an initial bonus of $200 cash rewards after spending $1,000 in the first 3 months after account opening.