Credit card reward points are great. Stacking up millions of them is even greater. But, as we are now in a time where no one is really traveling, it would make more sense for us to focus on the good old cashback credit cards, rather than the fancy travel rewards cards.

Here is a list of the top four 2% cash back credit cards. Let’s explore them:

 Citi Double CashAmex Blue Business CashCapital One® Spark® Cash for BusinessCapital One® Venture® Rewards Credit Card
Welcome offerN/A$250 after $5,000 spent in the first 3 months$500 after $4,500 spent in the first 3 months50,000 points after $3,000 spent in the first 3 months
Intro 0% APR18 months on balance transfers12 months on balance transfers and purchasesN/AN/A
Card typePersonalBusinessBusinessPersonal
Rewards2% cash back on all purchases2% cash back on up to $50,000 spent annually2% cash back on all purchases2 points on all purchases
Annual fee$0$0$95-first year waived$95
Auto rental insuranceN/ASecondary Auto rental insurancePrimary coverage for domestic and international if the rental is for business purposes and secondary coverage for personal reasons (up to 31 days)Secondary coverage for collision damage and theft on a domestic rental (up to 15 days) and primary coverage for international rentals (up to 31 days)
Extended warranty protectionN/AFor one yearDoubles the length of the manufacturer’s warranty up to one additional year (the original warranty must be for a maximum of 3 years) up to $10,000 per claim  Doubles the length of the manufacturer’s warranty up to one additional year (the original warranty must be for a maximum of 3 years) up to $10,000 per claim  
Purchase protectionN/AFor 90 days, covers theft or damage up to $1,000For 90 days, covers theft or damage up to $10,000 per claimFor 90 days, covers theft or damage up to $500 per claim
Foreign transaction feeyesyes nono
Travel accident insuranceN/AN/AUp to $250,000Up to $250,000
Lost luggage reimbursementN/AN/AReceive up to $3,000 ($2,000 for NY residents) Receive up to $3,000 ($2,000 for NY residents)
Price protectionN/AN/AIf there’s a cheaper advertised price within 60 days then you’ll get reimbursed up to $250 per item up to $2,500 per yearN/A
$100 credit towards global entry or TSA pre-checkN/AN/AN/AYou can receive this benefit once every 4 years



Citi Double Cash



The Citi Double Cash is a pretty good option. It earns unlimited 2% cashback on all purchases. Plus, the cashback is now convertible to Thank You points. The issue is that mid last year Citi striped the card from all its benefits. The Citi Double Cash doesn’t even have auto rental insurance. Without a single benefit, it’s hard to vote the Citi Double Cash as the top 2% Cash Back credit card.



Amex Blue Business 



The Amex Blue Business card comes in two versions. The Blue Business Plus earns 2 points on every purchase, up to $50,000 spent annually. The Blue Business Cash earns 2% cashback on all purchases, up to $50,000 spent annually. The card comes with some decent benefits. For example, auto rental insurance, purchase protection, and more. In my opinion, this is the best option for a business spending less than $50,000 annually.



Capital One Venture



The Capital One Venture earns unlimited 2 points on all purchases. But the card does have an annual fee of $95, plus the points are only worth one cent each if they are redeemed for travel expenses (they can also be transferred to some airline programs). If you choose to redeem the points for cashback then you will only receive .05 cents per point, effectively only giving you 1% cashback on all purchases. This card can be a good option for someone who travels often and will take advantage of the travel benefits like TSA precheck, no foreign transaction fees, etc., and if you will end up using the points towards travel. All others step aside.



Capital One Spark



Capital One Spark card is the only business card that earns unlimited 2% cash back on all purchases. But technically I don’t count Capital One Cards as business cards, as they report even their business cards on your personal credit report (unless you get approved for $150k or more). The card has a $95 annual fee, which is waived the first year. Like the Amex Blue Business, the Sparks also have two versions. The Capital One Spark Cash earns unlimited  2% cashback. While the Capital One Spark Miles earns unlimited 2 miles and comes along with slightly enhanced travel benefits (5 miles on Hotel And Car Rental bookings through Capital One travel, $100 credit for Global Entry or TSA Precheck) but the points need to be redeemed for travel in order to get the 2 cents value. If you choose to redeem the points for cashback, then you will only receive .05 cents per point.






For most consumers, one of the Amex Blue Business cards should work best. The Venture might work for someone traveling often. Large spenders should check out the Citi Double Cash or one of the Spark credit cards, as they will give you the best bang for your buck.

Looking for a good card for grocery spending? Check out the Amex Blue Preferred and start earning 6% cashback on groceries!

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