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How Does LendingTree Get Paid?
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How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Best Flat-Rate Cashback and Rewards Cards for 2022

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

If you don’t want to deal with a cash back card that has rotating cash back categories, or have to keep track of which specific categories earn higher rewards such as supermarket or gas station spending, a flat-rate cash back credit card can make your life easier.

Based on our research of cards available through LendingTree, as well as top cards offered by major issuers, we’ve selected some of the best flat-rate credit cards that offer from 1.5% cash back per $1 spent (or 1.5 points or miles per $1 spent) to 2.5% cash back. Of the credit cards on this list, the majority are consumer cards, while some are small business cards.

Best 2.5% cashback credit card

Alliant Cashback Visa® Signature Credit Card

Rewards: Earn up to 2.5% cash back on your first $10,000 of qualifying eligible purchases (1.5% for purchases over $10,000). This is the highest cashback rate we could find on any flat-rate credit card. Note that to earn 2.5% back, you’ll need to meet the requirements for an Alliant High-Rate Checking account for each month of the preceding calendar quarter, and will need to maintain an average daily balance of $1,000 in that account for each month of the preceding calendar quarter as well, according to Alliant’s website. Otherwise, you’ll earn just 1.5% back on all purchases.

Sign-up bonus: N/A

Annual fee: $0.

Other benefits: This card comes with a bunch of benefits that can come in handy when you travel, including roadside assistance, auto rental collision damage waiver and travel accident coverage. There are also select Visa Signature® benefits such as travel accident insurance and concierge services. Note that this is a credit union card, so you’ll have to join Alliant Credit Union. If you don’t meet the standard membership requirements, there is an option to join Alliant’s partner charity (Alliant will contribute the required $5 on your behalf) to become eligible.

Best 2% cashback credit cards

Citi® Double Cash Card – 18 month BT offer

| Disclosures
Citi® Double Cash Card – 18 month BT offer
Citi® Double Cash Card – 18 month BT offer
on Citibank's secure site
N/A
17.74% - 27.74% (Variable)
$0
Earn 2% on every purchase with unlimited 1% cash back when you
  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.74% - 27.74%, based on your creditworthiness.
  • Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
660 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Rewards: Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. There’s no limit on how much cash back you can earn and you can redeem your cash back as a statement credit, by direct deposit or check or convert it to Citi ThankYou® points.

Sign-up bonus: None

Annual fee: $0

Other card details: This card is a good choice for people looking to get out of debt. There’s an intro APR of 0% for 18 months on balance transfers. After, a 17.74% - 27.74% (variable) APR applies. That is a great length of time for you to pay off transferred debt. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.

Fidelity® Rewards Visa Signature® Card

Rewards: Unlimited 2% cash back on everyday purchases.

Sign-up bonus: None

Annual fee: $0

Other benefits: This card offers Visa Signature® benefits that include a dedicated concierge available to assist with a variety of requests, from booking travel to buying concert tickets. There are also special shopping and travel benefits that may include discounts at select merchants and best available rate guarantee at hotels.

Check out our review
PayPal Cashback Mastercard®

Rewards: 3% cash back on PayPal purchases and 2% on all other purchases

Sign-up bonus: N/A

Annual fee: $0

Other benefits: The PayPal Cashback Mastercard® comes with Mastercard benefits such as ID Theft Protection, which offers an online monitoring dashboard you can activate and a team of identity theft resolution specialists you can call 24/7.

Capital One Spark Cash Plus

| Disclosures
Capital One Spark Cash Plus
Capital One Spark Cash Plus
on Capital One's secure site
N/A
N/A
$150
2% Cash Back on every purchase; 5% Cash Back on hotels and
  • Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening
  • Earn unlimited 2% cash back on every purchase, everywhere—with no limits or category restrictions
  • Comes with no preset spending limit, so it can adapt to your needs based on your spending behavior, payment history and credit profile
  • Earn an annual $200 cash bonus every year you spend $200,000 or more—that's enough to cover your annual fee and then some
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
  • Add employee cards for free, and earn unlimited 2% cash back from their purchases
  • $150 annual fee
  • Spark Cash Plus has no APR because your balance is due in full every month
680 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Rewards: Earn 2% cash back on every purchase; 5% cash back on hotels and rental cars booked through capital one travel.

Sign-up bonus: Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening.

Annual fee: $150.

Other benefits: This card offers year-end spending summaries, purchase records that can be downloaded in multiple formats (including Quicken, QuickBooks and Excel), roadside assistance, and a foreign transaction fee of none.

Capital One Spark Miles for Business

| Disclosures
Capital One Spark Miles for Business
Capital One Spark Miles for Business
on Capital One's secure site
N/A
23.99% (Variable)
$0 intro for first year; $95 after that
2 Miles per $1 on every purchase, everywhere
  • Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
  • Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
  • Transfer your miles to 15+ travel loyalty programs
  • Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
  • Fly through security with one statement credit for either the $85 TSA PreCheck® application fee or the $100 Global Entry application fee
  • $0 intro annual fee for the first year; $95 after that
  • Free employee cards which also earn unlimited 2X miles from their purchases
680 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Rewards: Earn 2 miles per $1 on every purchase, everywhere.

Sign-up bonus: Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening.

Annual fee: $0 intro for first year; $95 after that.

Other benefits: Earn 5X miles per $1 spent when booking hotels and car rentals through Capital One Travel. Plus, receive one statement credit for either the $85 TSA Pre✓® application fee or the $100 Global Entry application fee when you use your Capital One Spark Miles for Business.

Best 1.5% cashback and rewards cards

Capital One Quicksilver Cash Rewards Credit Card

| Disclosures
Capital One Quicksilver Cash Rewards Credit Card
Capital One Quicksilver Cash Rewards Credit Card
on Capital One's secure site
0% intro on purchases for 15 months
17.99% - 27.99% (Variable)
$0
1.5% Cash Back on every purchase, every day; 5% Cash Back on
  • Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • $0 annual fee and no foreign transaction fees
  • Enjoy up to 6 months of complimentary Uber One membership statement credits through 11/14/2024
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases and balance transfers for 15 months; 17.99%-27.99% variable APR after that; 3% fee on the amounts transferred within the first 15 months
680 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


Rewards: Earn 1.5% Cash Back on every purchase, every day; 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply).

Sign-up bonus: Get a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.

Annual fee: $0

Other benefits: Benefits include extended warranty protection, travel accident insurance and a foreign transaction fee of None.

Chase Freedom Unlimited®

| Disclosures
Chase Freedom Unlimited®
Chase Freedom Unlimited®
on Chase's secure site
0% Intro APR on Purchases for 15 months
17.99% - 26.74% Variable
$0
Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our
  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 17.99% - 26.74%
  • No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
680 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Sign-up bonus: Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That’s 6.5% on travel purchased through Chase Ultimate Rewards®, 4.5% on dining and drugstores, and 3% on all other purchases.

Rewards: Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 1.5% on all other purchases. And if you have a Chase Sapphire Preferred® Card or Chase Sapphire Reserve®, you can transfer rewards earned on the Chase Freedom Unlimited® to your Sapphire card, then redeem for extra value for travel through the Ultimate Rewards portal.

Annual fee: $0

Other benefits: Auto rental collision damage waiver, fraud monitoring, trip cancellation/trip interruption insurance, travel and emergency assistance services and extended warranty protection.

| Disclosures
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
on Chase's secure site
N/A
18.99% - 25.99% Variable
$95
5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
750 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


| Disclosures
Chase Sapphire Reserve®
Chase Sapphire Reserve®
on Chase's secure site
N/A
20.74% - 27.74% Variable
$550
5x points on flights and 10x points on hotels and car rentals
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority PassTM Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
750 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Discover it® Miles

| Disclosures
Discover it® Miles
Discover it® Miles
on Discover's secure site
0% Intro APR for 15 months on purchases
15.74% - 26.74% Variable APR
$0
Automatically earn unlimited 1.5x Miles on every dollar of every purchase -
  • UNLIMITED BONUS: Only Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. For example, if you earn 35,000 Miles, you get 70,000 Miles.  There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.
  • Automatically earn unlimited 1.5x Miles on every dollar of every purchase - with no annual fee.
  • Redeem Miles to pay any part of your monthly bill, including your minimum payment.
  • Turn Miles into cash in any amount, any time. Or redeem as a statement credit for travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more with no blackout dates. However you redeem, Miles keep the same value. And Miles never expire.
  • 0% intro APR for 15 months on purchases. Then 15.74% to 26.74% Standard Variable Purchase APR will apply.
  • Discover helps remove your personal information from select people-search websites. Activate by mobile app for free.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
  • Freeze your account in seconds with an on/off switch either on the mobile app or website to prevent new purchases, cash advances, and balance transfers.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
  • Click "Apply Now" to see terms and conditions.
670 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Rewards: Automatically earn unlimited 1.5x Miles on every dollar of every purchase - with no annual fee.

Sign-up bonus: Only Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. For example, if you earn 35,000 Miles, you get 70,000 Miles. There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.

Annual fee: $0

Other benefits: The Discover it® Miles offers benefits including alerts if your Social Security number is found on the Dark Web (you must sign up), free access to your FICO® Score and the ability to freeze and unfreeze your card in case you misplace it.

American Express Cash Magnet® Card

Rewards: Earn unlimited 1.5% cash back on your purchases. Cash back earned will be applied as a statement credit.

Welcome offer: Get a $200 back after spending $2,000 or more in purchases with your card within the first 6 months of card membership.

Annual fee: $0 

Other benefits: Benefits include car rental loss and damage insurance, free two-day shipping when you shop online with ShopRunner and special access to events such as concerts, Broadway shows and sporting events.

USAA® Preferred Cash Rewards Visa Signature® Card

Rewards: Earn 1.5% cash back on all qualifying purchases.

Sign-up bonus: None

Annual fee: $0

Other benefits: When you enter active military duty, get a special 4% APR on any existing balances. That’s better than the 6% APR required by the Servicemembers Civil Relief Act. Note that you must be a USAA member in order to apply for this card.

PenFed Power Cash Rewards

Rewards: Get 2% cash back on all purchases for PenFed Honors Advantage Members, or 1.5% cash back on all purchases.

Sign-up bonus: Receive a $100 bonus when you spend $1,500 in the first 90 days.

Annual fee: $0

Other card details: The PenFed Power Cash Rewards’s regular purchase APR is 16.49% to 17.99% variable. If you qualify for the lower end of that range, that’s a low interest rate compared with many competing cashback cards, and has the potential to save you money if you need to roll over a balance once in awhile. While you can apply without being a Pentagon Federal Credit Union member, you’ll need to join, open a Savings/Share Account and deposit at least $5 before you can get the credit card.

Capital One Spark Cash Select - $500 Cash Bonus

| Disclosures
Capital One Spark Cash Select - $500 Cash Bonus
Capital One Spark Cash Select - $500 Cash Bonus
on Capital One's secure site
N/A
16.24% - 22.24% (Variable)
$0
1.5% Cash Back on every purchase; 5% Cash Back on hotels and
  • Earn a $500 bonus when you spend $4,500 in the first 3 months of account opening
  • Earn unlimited 1.5% cash back for your business on every purchase, everywhere — with no limits or category restrictions
  • No annual fee
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
  • Rewards won't expire for the life of the account
  • Redeem your cash back rewards for any amount
  • Free employee cards, which also earn unlimited 1.5% cash back on all purchases
  • $0 fraud liability if your card is lost or stolen
720 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Rewards: Earn 1.5% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel.

Sign-up bonus: Earn a $500 cash back once you spend $4,500 on purchases within the first 3 months from account opening.

Annual fee: $0

Other benefits: Get employee cards at no cost, year-end summaries, and purchase records that can be downloaded in multiple formats (such as Quicken, QuickBooks and Excel).

Capital One Spark Miles Select for Business

Rewards: Earn 1.5 Miles per $1 on every purchase.

Sign-up bonus: Get a one-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months from account opening.

Annual fee: $0

Other benefits: Earn 5X miles per $1 spent when booking hotels and car rentals through Capital One Travel with the card. Get purchase records you can download in multiple formats, including Quicken, QuickBooks and Excel.

Is an annual fee worth it for your cashback card?

In some cases, you might wonder if an annual fee is worth higher rewards, such as when comparing the Capital One Spark Miles for Business vs. the Capital One Spark Miles Select for Business or the Capital One Spark Cash Select - $500 Cash Bonus. To help you decide, we put together a table showing the tipping point where the annual fee becomes worth it.

2% cash back vs. 1.5% cash back (business cards)

Annual spendingNet cash back earned when using a 2% cashback card with a $95 annual feeNet cash back earned when using a 1.5% cashback card with a $0 annual fee
$1,000-$75$15
$5,000$5$75
$10,000$105$150
$15,000$205$225
$20,000$305$300
$25,000$405$375

The information related to the Alliant Cashback Visa® Signature Credit Card, Fidelity® Rewards Visa Signature® Card, PayPal Cashback Mastercard®, American Express Cash Magnet® Card, USAA® Preferred Cash Rewards Visa Signature® Card, PenFed Power Cash Rewards and Capital One Spark Miles Select for Business have been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.

 

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