Flat rate cash back cards offer the same cash back bonus on all purchases across the board. These are the best in the market. Pick the one that best fits your financial habits.
There’s always something to be said for keeping it simple, especially when it comes to cash back.This is because for some credit cards, the highest rate of cash back offered is only available through a series of specific product categories that change every quarter – and if you forget to pick your category, your card defaults to the lowest rate of cash back on every purchase.
For example, let’s say your card offers 5% cash back on grocery purchases for the next three months, but if you forget to choose that category before the selection window closes, not only do you miss out on the high rate of cash back when you grocery shop, but you only get 1% cash back on that category.
Not everyone wants to juggle multiple product categories – or multiple cards, each one for a specific category bonus – remember to change them or try to recall which of their purchases gives them what rate of cash back. People have busy lives.
If you want to earn a generous amount of cash back without any of the hassle that may come with it, below you’ll find the best options available for flat-rate cash back cards that offer consistent rates of cash back on all purchases all of the time.
See related: Best cash back credit cards
Best flat-rate cash back credit cards
What is flat-rate cash back?
Flat-rate cash back cards are the simplest rewards structure you can find – offering the same amount of cash back on every purchase you make. That makes it easy to earn rewards on a wide variety of purchases, without having to keep track of spend categories or bonus rewards. Simply swipe your card wherever you go and watch cash back stockpile.
Most flat-rate cash back cards offer between 1% and 2.5% cash back. Check out our favorites below.
Best premium flat-rate cash back card: Alliant Visa Signature Card
With the highest unlimited cash back rate on this list, the Alliant Visa Signature Card is the card you want to put all your credit card spend on.
It’s recommended for those who spend at least $50,000 a year on their credit card because there is no sign-up bonus. The card may be best for Alliant banking customers, since it can only be redeemed as a direct deposit into an Alliant savings account beyond the customary statement credit. The card also carries an annual fee beyond the first year.
Here’s more about the Alliant Signature Visa Card:
- 2.5% unlimited cash back on all purchases.
- 3% unlimited cash back in your first year.
- Redeem cash back as statement credit or as cash deposits in an Alliant savings account.
- $0 annual fee in the first year, $99 after that.
- Rewards expire after four years if you don’t redeem them.
Best everyday flat rate cash back card: Citi® Double Cash Card
The Citi Double Cash Card is a great card for those who pay their balance off every month because it gives you 1% cash back when you make a purchase and 1% cash back as you pay off those purchases.
The amount of cash back you can earn is unlimited, but cash back does expire if you don’t use the card in 12 months, and there’s a $25 redemption minimum. However, with no annual fee and 0% APR on balance transfers for 18 months, Citi Double Cash is also a great card to pay down if you carry a balance.
Here’s a recap of what the Citi Double Cash Card offers:
- 2% cash back on all purchases – 1% when you buy and 1% when you pay.
- 0% intro APR on balance transfers for 18 months (then 13.99% to 23.99% variable APR)
- Redeem cash back for checks or statement credit.
- No annual fee.
- Special access to concert and event tickets.
Alternative: Fidelity Rewards Visa Signature card
If you want 2% cash back, but don’t want it split between purchase and payment, the Fidelity Rewards Visa Signature card is a great alternative as long as you or a loved one has a Fidelity account.
This is the card for you if you’re more interested in saving money than external rewards, but needing a Fidelity account certainly makes it more restrictive than other cards on the market. Still, with no annual fee and a lower-than-average 14.99% APR (the average card APR currently stands above 17%), opening a Fidelity account might be worth it for this card.
Here are the benefits of the Fidelity Rewards Visa Signature card:
- 2% unlimited cash back on all purchases.
- Deposit rewards into any Fidelity account or the account of a loved one.
- Travel and shopping discounts.
- Visa Signature concierge.
Best flat rate cash back card for credit builders: Capital One QuicksilverOne Cash Rewards Credit Card
The Capital One QuicksilverOne Cash Rewards Credit Card is a great card for credit builders because not only does it give you unlimited access to your credit score and tools to help you monitor it, but it also gives you an opportunity to increase your credit limit after five months of on-time payments.
Plus, 1.5% cash back on all purchases is the highest cash back rate you can get on a card for those with thin credit files. However, you probably don’t want to carry a balance on this card since the APR is high.
Check out more details and see if Capital One QuicksilverOne Cash Rewards is right for you:
- 1.5% unlimited cash back on all purchases.
- Access to a higher credit line after making five consecutive payments on time.
- Unlimited access to your credit score and tools to help you monitor your credit.
- $0 fraud liability.
- $39 annual fee.
Alternative: Journey Student Rewards from Capital One
Just because you’re a student who is establishing a credit history doesn’t mean you shouldn’t get some cash back.
That’s the philosophy behind Journey Student Rewards from Capital One, which offers 1% cash back on all purchases and that will get boosted to 1.25% when you pay for those purchases on time.
If you manage to pay the bill on time for five consecutive months you will be eligible for a credit increase. You also don’t need to be a student to qualify for this card. Sure, the amount of cash back is not the highest on the market, but when you have limited credit, you have limited options.
Here are all the benefits Journey Student Rewards from Capital One has to offer:
- 1% cash back spent on general purchases.
- 25% bonus cash back when you pay on time.
- Redeem miles for statement credits, checks or gift cards.
- No annual fee.
- No sign-up bonus.
Which flat-rate cash back card is right for you?
All of these cards offer competitive flat rates of cash back and are best suited for a particular spender. While students may have an easier time qualifying for the Journey Student Rewards card from Capital One, cardholders with more credit history and a good credit score can potentially earn more from a card like the Citi Double Cash Card. Beyond rewards rate, be sure to consider each card’s annual fee and additional benefits to make sure it aligns with your lifestyle long-term.
Comparing flat-rate cash back cards
|Card||Rewards rate||Annual fee|
|Alliant Visa Signature Card||$99 (waived first year)|
|Citi Double Cash Card||$0|
|Fidelity Rewards Visa Signature card||2% cash back on all purchases||$0|
|Capital One QuicksilverOne Cash Rewards Credit Card||1.5% cash back on all purchases||$39|
|Journey Student Rewards from Capital One||$0|