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9 Daily Driver 2% Cash Back Credit Cards of 2024

ByRob Berger Last Updated: August 27, 2024

Forget about rotating categories. Ignore cards with enhanced rewards on just some purchases. In this article, we list the best 2% cashback credit cards.

The “best” rewards cards will vary depending on how you use the card. They will also vary based on how many cards you want to use. What won’t change is the card you should use for everyday purchases. And that card should give you at least 2% cash back in rewards for every $1 you charge to the card. We call it a daily driver credit card and it should be the first credit card you carry. Once you have your daily driver, you can consider maximizing your credit card rewards with the 1-2-3 cashback system that you can read about here.

With that, here’s our list of the best 2% cash back credit cards.

Daily Driver 2% Cash Back Credit Cards

Citi^® Double Cash Card

Citi Double Cash

Our Rating: 4.9

★★★★★☆

Citi^® Double Cash Card

Welcome Offer

Earn $200 cash back

Est. Value

$200

Annual Fee

$0

APR

18.74% – 28.74%, Variable

Credit Req’d

Good to Excellent 670 – 850

Rewards: Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.

The Citi^® Double Cash Card pays 1% cash back on every purchase plus 1% when you pay for the purchase. Because we pay off our credit cards in full every month, we effectively earn 2% cash back on all purchases.

The card comes with other features we like as well. There is no annual fee. And if you need a balance transfer, this card offers 0% intro APR on Balance Transfers for 18 months months. After that, the variable APR will be 18.74% - 28.74%,, based on your creditworthiness. That said, there are some downsides. It’s not a great card to travel overseas with as it charges a foreign transaction fee. It also requires excellent credit to get approved.

2% cash back

All eligible purchases

Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.

Pros

Welcome offer
No annual fee
Up to 2% cash back

Cons

Foreign transaction fee
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/21/2024	635	TransUnion	$3,500
Approved	04/21/2024	670	Equifax	$3,500
Approved	03/12/2024	726	Equifax	$3,800
Approved	03/12/2024	731	Equifax	$3,800
Approved	03/12/2024	745	Equifax	$3,800
Approved	03/12/2024	765	Equifax	$3,800
Approved	03/12/2024	800	Experian	$3,800
Approved	03/12/2024	806	TransUnion	$3,800
Approved	02/03/2024	780	Experian	$6,900
Approved	02/03/2024	794	TransUnion	$6,900
Approved	02/03/2024	813	Equifax	$6,900
Approved	01/19/2024	840	Not Provided	$11,500
Approved	12/12/2023	800	Not Provided	$7,000
Approved	01/11/2024	730	Not Provided	---
Approved	05/22/2024	805	Experian	$6,800
Approved	11/13/2023	760	Not Provided	$3,000
Approved	11/28/2023	740	TransUnion	$9,000
Approved	11/28/2023	801	Experian	$9,000
Approved	11/28/2023	810	Equifax	$9,000
Denied	01/03/2024	800	Not Provided	---
Denied	05/10/2024	793	Not Provided	---

Synchrony Premier World Mastercard®

Our Rating: 4.6

★★★★★☆

Synchrony Premier World Mastercard®

Welcome Offer

None

Est. Value

None

Annual Fee

$0

APR

19.24%, 25.24%, or 32.24% Variable

Credit Req’d

Good to Excellent 670 – 850

Rewards: Earn 2% cash back on all purchases.

The Synchrony Premier World Mastercard® is as simple as they come. You earn 2% cash back on all purchases. No rotating categories to worry about. In addition to the cash back rewards, the card offers Lyft credits, a Doordash membership and discount, identity theft protection, and $0 fraud liability.

It does not, however, come with other features offered by some of the cards on this page. For example, it doesn’t come with a signup bonus or a 0% APR introductory rate.

2% cash back

All eligible purchases

Earn 2% cash back on every purchase

Pros

No annual fee
2% cash back

Cons

No welcome bonus
Foreign transaction fee
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/04/2023	765	Experian	$10,000

Wells Fargo Active Cash® Card

Wells Fargo Active Cash

Our Rating: 4.9

★★★★★☆

Wells Fargo Active Cash® Card

Welcome Offer

Earn a $200 cash rewards bonus

Est. Value

$200

Annual Fee

$0

APR

19.74%, 24.74% or 29.74% Variable

Credit Req’d

Good to Excellent 670 – 850

Rewards: Earn unlimited 2% cash back on purchases.

The Wells Fargo Active Cash® Card pays 2% cash back on all purchases. No rotating categories. No waiting to pay your credit card bill to get the full two percent cash back. The card charges no annual fee, offers a signup bonus, and a 0% introductory APR.

2% cash back

All eligible purchases

Earn unlimited 2% cash rewards on purchases

Pros

Welcome offer
No annual fee
2% cash back

Cons

Foreign transaction fee
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/20/2023	810	Not Provided	$2,000
Approved	09/02/2023	746	Experian	$6,000
Approved	09/02/2023	774	Equifax	$6,000
Approved	09/02/2023	786	TransUnion	$6,000
Approved	06/03/2023	820	Equifax	$30,000
Approved	02/18/2023	800	Not Provided	$20,000
Approved	06/23/2023	700	Experian	$30,000
Approved	04/14/2023	756	Experian	$13,000
Approved	10/23/2023	745	Equifax	$12,000
Approved	04/26/2023	743	Experian	$8,000
Approved	04/26/2023	751	TransUnion	$8,000
Approved	04/26/2023	765	Equifax	$8,000
Approved	10/04/2023	721	Experian	$16,000
Approved	09/24/2023	763	Experian	$15,000
Approved	09/24/2023	784	TransUnion	$15,000
Approved	09/24/2023	792	Equifax	$15,000
Denied	04/01/2023	744	TransUnion	---
Denied	04/01/2023	747	Experian	---
Denied	04/01/2023	767	Equifax	---

Ink Business Premier® Credit Card

Chase Ink Business Premier

Our Rating: 4.7

★★★★★☆

Ink Business Premier® Credit Card

Welcome Offer

Earn $1,000 bonus cash back

Annual Fee

$195

APR

Flex for Business variable APR: 19.49% – 27.49% Variable

Credit Req’d

Good, Excellent

Rewards: Earn 5% total cash back on travel purchased through Chase Travel^SM. Earn 2.5% total cash back on purchases of $5,000 or more. Earn 2% cash back on all other business purchases.

The Ink Business Premier® Credit Card is the newest card offering from Chase. It’s a little unique in that you need to pay your balance in full at the end of every month (select purchases can be paid off over time). The market for this card is a little narrower than most business credit cards, although it does offer a nice bonus and cash back rewards.

2% cash back

All eligible purchases

Earn unlimited 2% cash back on all other business purchases

2.5% cash back

All eligible purchases

Earn 2.5% total cash back on purchases of $5,000 or more

5% cash back

Travel

Unlimited 5% total cash back on travel purchased through Chase Travel(SM)

Pros

Welcome offer
No foreign transaction fee
Up to 5% cash back
Earns Chase Ultimate Rewards points

Cons

Annual fee
Requires good credit
Can't transfer points to other Chase cards or travel partners

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	06/27/2023	690	Experian	$10,000
Approved	01/03/2023	755	Not Provided	$20,000
Approved	01/03/2023	766	Not Provided	$20,000
Approved	01/03/2023	768	Not Provided	$20,000

SoFi Unlimited 2% Credit Card

SoFi Credit Card

Our Rating: 3.5

★★★★☆☆

SoFi Unlimited 2% Credit Card

Welcome Offer

None

Est. Value

None

Annual Fee

$0

APR

20.24% to 29.99%, Variable

Credit Req’d

Good to Excellent 670 – 850

Rewards: Earn 2% cash back on all purchases and 3% cash back on trips booked through SoFi Travel.

The SoFi Unlimited 2% Credit Card gets you unlimited 2% cash back on every purchase. Plus since it’s a World Elite Mastercard, you get some extra perks like cell phone protection (up to $1,000), free 2-day shipping with ShopRunner, and a 2-month Instacart free trial. You can redeem cash back as statement credit, toward saving, investing, or paying down eligible SoFi debt.

2% cash back

All eligible purchases

Earn up to 2% cash back on all purchases

3% cash back

Travel

Earn 3% cash back on travel booked through SoFi Travel

Pros

No annual fee
No foreign transaction fee
up to 3% cash back

Cons

Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	08/27/2021	628	TransUnion	$5,000
Approved	05/25/2022	700	Experian	$10,000
Approved	05/20/2022	699	Experian	$7,500
Approved	05/20/2022	721	TransUnion	$7,500
Approved	05/20/2022	743	Equifax	$7,500
Approved	12/17/2020	703	Experian	$9,500
Approved	02/22/2021	773	Not Provided	$15,000
Denied	04/11/2022	701	Experian	---
Denied	04/11/2022	727	TransUnion	---
Denied	04/11/2022	745	Equifax	---
Denied	04/18/2021	685	Experian	---

Alliant Cashback Visa® Signature Credit Card

Our Rating: 4.7

★★★★★☆

Alliant Cashback Visa® Signature Credit Card

Welcome Offer

None

Est. Value

None

Annual Fee

$0

APR

17.49% to 27.49% Variable

Credit Req’d

Good to Excellent 670 – 850

Rewards: Earn 2.5% cash back on the first $10,000 of qualifying eligible purchases per billing cycle, then 1.5% cash back on other eligible purchases.

The Alliant Cashback Visa® Signature Credit Card offers 2.5% cash back on the first $10,000 in qualifying purchases per billing cycle and 1.5% cash back on everything else.

However, to earn 2.5% cash back you’ll also need to open an Alliant High Rate Checking account, opt in to receive eStatements, receive at least one electronic deposit per month, and maintain an average daily balance of at least $1,000. Furthermore, you only receive your cash back rewards as a statement credit or deposited into your checking account.

1.5% cash back

On all other eligible purchases

Unlimited 1.5% cash back on all other qualifying eligible purchases.

2.5% cash back

All eligible purchases

Earn up to 2.5% cash back on your first $10,000 of qualifying eligible purchases per billing cycle.

Pros

No annual fee
No foreign transaction fee
Up to 2.5% cash back

Cons

No welcome bonus
High APR
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/10/2023	686	TransUnion	$5,000

Fidelity® Rewards Visa Signature® Credit Card

Our Rating: 4.2

★★★★★☆

Fidelity® Rewards Visa Signature® Credit Card

Welcome Offer

None

Est. Value

None

Annual Fee

$0

APR

19.24% Variable

Credit Req’d

Good to Excellent 670 – 850, Excellent 740 – 850

Rewards: Earn unlimited 2% cash back on card purchases.

The Fidelity® Rewards Visa Signature® Credit Card rewards you with an unlimited 2% cash back on all purchases. There’s no cap on rewards, and there’s no annual fee. So what’s the catch? The rewards have to paid into an eligible Fidelity account. That’s not a problem if you already have a Fidelity account. If you don’t have a Fidelity account, you can redeem your cash back rewards for travel or merchandise, but they’re only worth 1% cash back.

2% cash back

All eligible purchases

Earn 2% cash back on card purchases

Pros

No annual fee
No foreign transaction fee
2% cash back

Cons

No welcome bonus
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	03/21/2024	712	Experian	$19,000
Approved	03/21/2024	728	TransUnion	$19,000
Approved	03/21/2024	734	Equifax	$19,000
Approved	02/06/2024	800	Not Provided	$15,000
Approved	04/30/2024	742	TransUnion	$500
Approved	11/28/2023	801	Equifax	$25,000
Approved	02/21/2024	720	Experian	$15,000
Approved	02/21/2024	703	Equifax	$15,000
Approved	02/21/2024	709	TransUnion	$15,000
Approved	02/21/2024	712	Experian	$15,000
Approved	02/21/2024	713	TransUnion	$15,000
Approved	02/21/2024	720	Equifax	$15,000
Approved	02/21/2024	750	Equifax	$15,000
Approved	02/21/2024	752	Not Provided	$15,000
Approved	10/01/2023	655	Not Provided	$17,000
Approved	10/01/2023	672	Not Provided	$17,000
Approved	10/01/2023	672	Not Provided	$17,000
Approved	10/01/2023	697	Not Provided	$17,000
Approved	10/01/2023	704	Not Provided	$17,000
Approved	10/01/2023	710	Not Provided	$17,000
Approved	10/01/2023	729	TransUnion	$17,000
Approved	10/01/2023	734	Not Provided	$17,000
Approved	04/19/2024	640	TransUnion	$1,000
Approved	10/13/2023	736	Experian	$500
Approved	01/27/2024	753	Equifax	$5,000
Approved	01/27/2024	769	Experian	$5,000

Capital One Spark Cash Plus

Capital One Spark Cash Plus

Our Rating: 4.8

★★★★★☆

Capital One Spark Cash Plus

Welcome Offer

$2,000 Cash Back

Est. Value

$2,000

Annual Fee

$150

APR

N/A Variable

Credit Req’d

Excellent

Rewards: Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. Earn unlimited 2% cash back on all other purchases.

Capital One Spark Cash Plus is another card I carried for years. Actually, I first started off with the Capital One Spark Miles for Business. It paid 2x miles on every purchase, but only if you used it for travel. With Spark Cash, you get 2% cash back on every purchase. You also get your $150 annual fee refunded if you spend $150,000 or more in a calendar year. This is a charge card, not a credit card, which means you’ll need to pay your balance in full every month.

2% cash back

On all other eligible purchases

Earn unlimited 2% cash back on every purchase, everywhere-with no limits or category restrictions.

5% cash back

Hotels

Earn unlimited 5% cash back on hotels booked through Capital One Travel.

5% cash back

Rental Cars

Earn unlimited 5% cash back on rental cars booked through Capital One Travel.

Pros

Welcome offer
No foreign transaction fee
Up to 5% cash back
unlimited 2% cash back

Cons

Annual fee
Requires good credit
Pay your balance at the end of the month

Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card

Our Rating: 4.5

★★★★★☆

Capital One Venture Rewards Credit Card

Welcome Offer (Terms Apply)

75,000 Miles

Est. Value

Up to $750

Annual Fee

$95

APR

19.99% – 29.99% Variable

Credit Req’d

Excellent, Good

Rewards: Earn 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Travel and unlimited 2x miles on other purchases.

The Capital One Venture Rewards Credit Card isn’t a true 2% cash back card. Yes, you do earn two miles for every $1 spent. The miles are only worth one penny if you use them to pay for travel purchases, and slightly higher if you transfer them to Capital One’s travel partners. Use the points for anything else, and the value is cut in half. As a result, it qualifies as a 2% rewards card only if you use the rewards for travel. For frequent travelers, however, this card can serve as a 2% credit card.

2x miles

All eligible purchases

Earn unlimited 2x miles on every purchase, every day

5x miles

Select Categories

Earn 5x miles on vacation rentals booked through Capital One Travel

5x miles

Hotels

Earn 5x miles on hotels booked through Capital One Travel

5x miles

Rental Cars

Earn 5x miles on rental cars booked through Capital One Travel

Pros

Welcome offer
No foreign transaction fee
Up to 5x miles

Cons

Annual fee
Requires good credit

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	07/11/2023	686	TransUnion	$5,000
Approved	07/11/2023	688	Equifax	$5,000
Approved	07/11/2023	691	Experian	$5,000
Approved	04/19/2024	783	Experian	$3,000
Approved	04/19/2024	803	Equifax	$3,000

Wells Fargo Signify Business Cash(SM) Card

Annual Fee

$0

Reward Range

2% cash back

Welcome Offer

$500

Details
Wells Fargo Active Cash® Card

Annual Fee

$0

Reward Range

2%

Welcome Offer

Earn a $200 cash rewards bonus

Details
TD Double Up(SM) Credit Card

Annual Fee

$0

Reward Range

1% – 2%

Welcome Offer

Earn $150 Cash Back

Details
Synchrony Premier World Mastercard®

Annual Fee

$0

Reward Range

2%

Welcome Offer

None

Details
SoFi Unlimited 2% Credit Card

Annual Fee

$0

Reward Range

2% – 3%

Welcome Offer

None

Details
Revenued Business Card Visa® Commercial Card

Annual Fee

$0

Reward Range

3%

Welcome Offer

N/A

Details
Ink Business Premier® Credit Card

Annual Fee

$195

Reward Range

2%-5%

Welcome Offer

Earn $1,000 bonus cash back

Details
Fidelity® Rewards Visa Signature® Credit Card

Annual Fee

$0

Reward Range

2% cash back

Welcome Offer

None

Details
Evergreen® by FNBO Business Edition® Credit Card

Annual Fee

$0

Reward Range

2% cash back

Welcome Offer

$200

Details
Citi^® Double Cash Card

Annual Fee

$0

Reward Range

1% to 2%

Welcome Offer

Earn $200 cash back

Details
Capital One Spark Cash Plus

Annual Fee

$150

Reward Range

2% to 5%

Welcome Offer

$2,000 Cash Back

Details
Bread Cashback™ American Express® Credit Card

Annual Fee

$0

Reward Range

2% Cash Back

Welcome Offer

None

Details

FAQs

Is 2% cash back a good deal?

Yes. A credit card that pays 2% cash back or more on every purchase is rare. The vast majority of cash back credit cards pay one to 1.5% cash back. Those cards that pay more typically have limitations, such as the categories that qualify for the enhanced rewards, spending caps, or rotating categories that change every 3 months.

Does Capital One have a 2% cash back card?

Yes, it does offer a 2% cash back credit card for small businesses. For consumers, it does not have a true 2% cash back card, although the Venture Card does payout 2% in rewards if used for travel.

Which credit card gives the most cash back?

The credit card that pays the most cash back on all purchases is currently the Alliant cashback Visa signature card. It pays 2.5% cashback on all purchases up to a monthly spending cap of $10,000.

Don’t some credit cards pay 5% cash back?

Yes, but not on all purchases. The 5% cash back cards pay the enhance rate all only specific types of purchases that change each quarter. In addition, the 5% cash back is limited to no more than $1,500 in spending each quarter.

Rob Berger

Rob Berger is the founder of allCards.com. He's written about personal finance and investing since 2007 and is the author of the highly acclaimed book, Retire Before Mom and Dad. He is a former litigation attorney in the securities field and the Founding Editor of Forbes Advisor.

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