Battle of the 2% CASH BACK Credit Cards - Which is Best?

In this video we go through a load of 2% cash back cards, asking which is best for you. These include the Citi Double Cash, the

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[charleshawj]

Credit card companies need to step up the game. We want a 3% on everything, no annual fee, credit card!!!

[MrUtUtes]

I like the Fidelity card. I can redeem rewards directly into my account

[docsays]

FNBO Evergreen Business Visa card hands down! 2% unlimited, $200 welcome bonus, & $100 anniversary bonus after $10K annual spend EVERY YEAR! Its basically a 3% card up to $10k per yr, then 2% there after!

[abel.morelos]

You missed the Fidelity Rewards Visa. There’s a periodic sign up bonus and you can use the rewards to invest in a brokerage account. Good for those interested in investing with Fidelity.

[k.p.u.]

0:43 Citi Double Cash
1:52 Wells Fargo Active Cash
3:07 TD Double Up Card
4:05 Apple Card
6:03 Sofi Credit Card
7:03 Paypal Mastercard
7:34 Alliant Credit Union Card
8:43 Summary

[Floof_Factory]

He didn't say this but the Sofi card has no foreign transaction fees and still gets 2%. All the other 2% cards don't have that. PayPal card used to but they removed that. Keep that in mind if you're traveling outside the country.

[MarkReese]

A 2X / 2% card ought to be in just about everybody’s wallet 👍

[Ok]

I have the FNBO evergreen card and it’s also great and my highest credit limit of all other cards. I used to have the Citi double cash and only had a 1, 000 limit then decided to cancel after 3 yrs no limit increase and I still have the Wells Fargo active cash with 3, 000 but then applied for the FNBO evergreen and got a 15k credit limit

[martdb]

Fidelity Rewards VISA is another 2% on all spend if you have an account with Fidelity.

[LukesPointsandMiles]

One thing most people leave out are the Foreign Transaction Fees. The Citi card and the WF Card both have 3% Fees if you step outside the US. SoFi has that big cell phone protection and NO FOREIGN TRANSACTION FEES.

[NguyenTran-eqwg]

I have the Wells Fargo Active Cash card, and they won’t allow card holders to redeem the cash rewards until it’s larger than $25. So basically you have to spend more than $1000 to start receiving the cash rewards.

[mikegoodwin]

PenFed Power Cash Rewards
Wells Fargo Active Cash (which was mentioned in the video)
FNBO Evergreen Rewards
Those three 2% cards are in my rotation. One of them is always in my wallet.

[curmudgeonextraordinaire]

The Active Cash card is garbage. The cash redemption is terrible, but not surprising coming from Wells Fargo.

[sorual]

I think you kinda undersold the PayPal card. Yea, it's just a 2% for non-category spend, but it's 3% for PayPal purchases! So if you're willing to use PayPal, it increases the "floor" of your cashback to 3% wherever PayPal is accepted! (Most online places where things are sold)

[epiksar]

I had no idea the Alliant card got rid of its annual fee. On top of it having no fx fee?? Very enticing card. It's basically the pre-nerfed PayPal card when it didn't have an fx fee, but with .5% more

[Ciborium]

One feature that would have been good to include in your rundown, as someone else pointed out, is any redemption limits. As I recall or know, SoFi and PayPal have no minimum redemption. As of this writing, Citi Double Cash has a $25 minimum redemption, but in March they will be converting from cash rewards to Thank You points. They will also remove the minimum redemption, so this will be a very good thing starting sometime next month.

As someone else mentioned, Wells Fargo has a $25 minimum redemption.

[rajdixit]

The PayPal Mastercard has been great for me - simple to use, and no problems with Synchrony.

[cazarilolsen]

Fidelity offers a 2% and I have had a positive experience

[akin]

SoFi is the best of the bunch in year 2. Cellphone protection, can be used to pay rent because it being a Mastercard, and no foriegn exchange fees.

[maxwellerwin]

I had a Wells Fargo visa as my very first card going back to the time I turned 18. It had no rewards, but they let me swap it into the Active Cash so 2% with no annual fee and can be used at Costco... pretty good.