Maria Adams, Credit Cards Moderator
@m_adams
Two percent cash back is another way of saying that you will earn $2 in rewards for every $100 spent. The best credit card that gives at least 2% cash back on purchases is the Wells Fargo Active Cash® Card, which has a $0 annual fee. Below, you can check out some other top cards that offer at least 2% cash back, too.
Best 2% Cash Back Credit Cards
- Rates & Fees Overall: Wells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
- Rates & Fees Overall: Wells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
- Overall: Wells Fargo Active Cash® CardLearn MoreLearn More
- Rates & Fees Flat Rate Rewards: Citi Double Cash® CardLearn MoreLearn Moreon issuer's website
- Rates & Fees Flat Rate Rewards: Citi Double Cash® CardLearn MoreLearn Moreon issuer's website
- Flat Rate Rewards: Citi Double Cash® CardLearn MoreLearn More
- Rates & Fees Costco Customers: Costco Anywhere Visa® Card by CitiLearn MoreLearn Moreon issuer's website
- Rates & Fees Costco Customers: Costco Anywhere Visa® Card by CitiLearn MoreLearn Moreon issuer's website
- Costco Customers: Costco Anywhere Visa® Card by CitiLearn MoreLearn More
- Categories of Your Choice: U.S. Bank Cash+® Visa Signature® CardLearn MoreLearn More
- Rates & Fees Categories of Your Choice: U.S. Bank Cash+® Visa Signature® CardLearn MoreLearn Moreon issuer's website
- Categories of Your Choice: U.S. Bank Cash+® Visa Signature® CardLearn MoreLearn More
- Overall:
- Flat Rate Rewards:
- Costco Customers:
- Categories of Your Choice:
How 2% Cash Back Works
You make purchases on your card, then rewards equaling 2% of those purchases appear in your account, which can sometimes take one to two billing periods. After that, you can usually redeem the cash back for a statement credit or a deposit to a bank account, and sometimes for a check. Some issuers might even let you redeem your cash back directly for gift cards, travel or merchandise.
You can check out WalletHub’s editors’ complete picks for the best cash back credit cards to find a cash back card that meets your needs and spending habits.
Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express
Popular Cash Back Credit Cards from Our Partners
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Everyday Cash Back
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Bonus Rewards
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No Annual Fee
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Fair Credit
People also ask
What is a cash back credit card?
A cash back credit card is a credit card that pays you back a certain percentage of the money you spend as a reward. Cash back credit cards generally give you at least 1% cash back on all purchases, which means you earn $1 in rewards for every $100 spent. You can usually redeem your cash back as a statement credit, check or direct deposit to your bank account. Most cash back credit cards don’t charge annual fees, but there...
read full answer by WalletHub, Financial CompanyHow does cash back work on credit cards?
Cash back on credit cards rewards cardholders for making purchases by returning a percentage of the money spent. The accumulated cash back rewards can then be used in a variety of ways, such as paying your credit card bill, getting a check, or making a direct deposit to a bank account.
Exactly how cash back rewards work varies by credit card company and even by individual card. However, there are some aspects of the...
read full answer by WalletHub, Financial CompanyDid we answer your question?
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