Home > Credit Cards > 5 Seriously Simple Cash Back Credit Cards

Comments 1 Comment

[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.]

Keeping track of the rewards you earn with credit cards can be a real headache. Some cards offer different cash back amounts for different categories of spending. Some cards offer bonus cash back on categories that change every quarter. Unless you have the time to keep track of everything, well, then, the struggle can be real.

If you don’t want to spend too much time thinking about what rewards credit card is best to use each time you swipe, a flat-rate cash back credit card might be just what you need. These cards offer straightforward rewards programs that net you the same amount of cash-back every time you make a purchase. (Just be aware: These cards tend to require good credit, so if you’re in the market for one, you’ll want to check your scores before you apply. You can do so by viewing your free credit report snapshot, updated every 14 days, on Credit.com.)

Here are our picks for the best flat-rate cash back credit cards.

1. Citi Double Cash Card

The Citi Double Cash card is one of the leading cash back cards on the market today. You have the chance to earn up to 2% back on every purchase you make. You earn 1% when you actually make the purchases, and another 1% when you pay it off. This card also comes with a lengthy 18-month introductory 0% annual percentage rate (APR) on balance transfers. Once the introductory period is complete, the APR will change to the standard purchase APR of 14.49% to 24.49%, depending on your creditworthiness. The card carries no annual fee. (Full Disclosure: Citibank advertises on Credit.com, but that results in no preferential editorial treatment.)

The Citi Double Cash card also comes with Citi Price Reward. With this program, you can record your purchases and Citi will look for a lower price within the first 60 days. If they find one, you will receive the difference back to your account — up to $500 back per item and $2,500 per year. If you want more details about the Citi Double Cash Card, check out our full review here.

2. Chase Freedom Unlimited Card

One of the most recent additions to the Chase credit card line-up is the Chase Freedom Unlimited card. With this card, you’ll receive an unlimited 1.5% cash back on every purchase. You’ll also receive a bonus of $150 after you spend $500 in the first three months. When you add an authorized user and they make a purchase in the same three-month period, you can receive an additional $25 bonus.

This card includes an introductory 0% APR for 15 months on both purchases and balance transfers. After that, the APR will change to a variable 15.99% to 24.74%. This card has no annual fee.

3. Capital One Quicksilver Cash Rewards Card

When you use the Capital One Quicksilver Cash Rewards card, you will receive 1.5% back on any purchases that you make. Plus, there is no limit on the amount of rewards you can receive and they never expire as long as your account stays open. When you become a cardholder, you can receive a $150 cash bonus if you spend $500 within your first 3 months. In addition to having no annual fee, you can also receive an introductory 0% APR on purchases and balance transfers for the first 9 months. After that, the APR will become a variable 13.99% to 23.99%.

4. Barclaycard CashForward World MasterCard

With the Barclaycard CashForward World MasterCard, you will receive an unlimited 1.5% cash back on any purchases made. When you sign up, you will receive a $200 bonus after spending $1,000 in the first 90 days. Each time you redeem your rewards, you will receive a 5% bonus available on the next redemption. If you are looking to make a balance transfer, you will receive an introductory 0% APR for 15 months. Afterwards, the APR will change to a variable 15.99%, 20.99% or 25.99%. There is no annual fee with this card.

5. Capital One Spark Cash for Business

The last card that made our list is for small business owners. With this card, you will earn 2% back on every business purchase you make. You also have the opportunity to receive a $500 cash bonus after spending $4,500 in the first 3 months. You will be able to add employee cards at no additional costs and their spending will add to your reward total. Your purchase APR will be a variable 17.99%. There is no annual fee the first year, and then each subsequent year, it will be $59.

At publishing time, the Citi Double Cash, Chase Freedom Unlimited, Capital One Quicksilver Cash Rewards, BarclayCard CashForward World MasterCard and Capital One Spark Cash for Business credit cards are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

Image: pixelfit

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

  • http://www.joetaxpayer.com JoeTaxpayer

    Nothing can beat the simplicity of the 2% cash back. Mine happens to be the Fidelity affinity card now offered through Elan Financial Services (formerly Fidelity used FIA). We chose to deposit the rewards to a 529 college savings account and have used the card since my daughter was born. The 529 current balance is just shy of $32,000, and on track to pay for at least a full semester of her senior year, still 4 years away.

    If one has the time and patience, you can chase cash back up to 6% for limited purchases. Our Chase card has the rotating categories, and when Costco replaced Amex with Visa, the Chase card gave 5% back at Costco, a nice bonus that just lasted 6 months. The current quarter gives 5% on gas purchases.

    2-3 cards is probably enough to maximize rewards and not have too much of a hassle tracking spending.

Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.



Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team