Recommended partner offer
Karty Wells Fargo Active Cash®
On the Wells Fargo website
3.8
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
On the Wells Fargo website
Unlimited Bonus Rate 2%
Get unlimited 2% cash rewards on purchases
welcome bonus
$200 cash prizes
annual fee
0 $
Regular APR
20.24%, 25.24% or 29.99% Variable APR
creditworthiness
Excellent, Good (700 - 749)
Editorial review
Wells Fargo Active Cash offers an unlimited cash reward rate of 2% on purchases and there is no annual fee. Thanks to this, it can compete with the best flat-rate cashback cards on the market.
For and against
- Unlimited 2% cash rewards on purchases
- $0 annual fee
- The benefits of protecting your mobile phone
- There is a fee for transferring the remaining amount
- Foreign transaction fee applies
- No trip transfer partners
card details
- Get a $200 cash bonus if you spend $500 on purchases in the first three months
- Get unlimited 2% cash rewards on purchases
- Initial APR 0% for 15 months from account opening for purchases and qualifying balance transfers, then variable APR of 20.24%, 25.24% or 29.99%; Balance transfer made within 120 days will be subject to introductory rate and fee of 3% plus BT fee of up to 5% with a minimum of $5
- $0 annual fee
- There are no categories to track or remember, and cash prizes do not expire as long as your account remains open
- Enjoy a range of premium benefits at a selection of the world's most captivating and prestigious hotels with Visa Signature Concierge
- Get up to $600 in cell phone damage or theft protection when you pay your monthly cell phone bill with a qualifying Wells Fargo card (subject to a $25 surcharge).
- Select "Apply Now" to learn more about product features and conditions
Get a $200 cash bonus if you spend $500 on purchases in the first three months
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
Best Cashback Credit Cards with No Annual Fee in 2023
The best cashback card with no annual fee with rotating categories
Chase Freedom Flex℠*
5,0
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
Up to 5% bonus rate
Receive 5% cashback in categories that change quarterly, up to $1,500 on signup, 5% on tours purchased throughread more
welcome bonus
$200 in prizes
annual fee
0 $
Regular APR
20.49% - 29.24% variable
creditworthiness
Excellent, Good (700 - 749)
Why we chose it
This card can handle almost all your credit card expenses without inflating the price. The card has an annual fee of $0, but has an extensive earning structure that covers a wide range of spend, including travel, drugstores and food, as well as rotating tiers of quarterly bonuses in areas that may appeal to many households.
For and against
- No annual fee
- Rotating quarterly tiers provide 5% rewards when activated, up to a maximum quarterly total of $1,500
- Travel rewards prices match some of the best premium travel cards
- Generous premium prizes in several other categories
- Travel bookings must be made through Chase Ultimate Rewards® to receive 5% cashback
card details
- Get a $200 bonus if you spend $500 on purchases within the first three months of opening your account
- 5% cashback up to $1,500 in categories that change quarterly (requires activation), 5% on trips purchased with Chase Ultimate Rewards®, 3% on restaurants and drugstores, and 1% on all other purchases
- No annual fee
Get a $200 bonus if you spend $500 on purchases within the first three months of opening your account
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The best flat rate cashback card with no annual fee
Chase Freedom Unlimited®
On the website of Chase Bank USA, NA
4.9
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
On the website of Chase Bank USA, NA
Up to 5 times the bonus stake
Earn 5% on Chase trips purchased with Chase Ultimate Rewards®, 3% on restaurants and drugstores, and 1.5% on everything elseread more
welcome bonus
Up to $300 Cashback
annual fee
0 $
Regular APR
20.49% - 29.24% variable
creditworthiness
Excellent, Good (700 - 749)
Why we chose it
A good total spend card that allows you to keep funds for new purchases with a low starting APR, pay no annual fee and still get at least 1.5% cashback on all purchases
For and against
- Generous pre-paid welcome offer with no annual fee
- Uncapped minimum earning rate of 1.5% for Cashback rewards
- No minimum repayment amount
- Foreign transaction fee
- The current balance transfer fee is high
- A companion card is required to transfer points to travel partners
card details
- INTRODUCTORY OFFER: Get an extra 1.5% cashback on everything you buy (up to $20,000 spent in the first year) - up to $300 cashback!
- Enjoy 6.5% cashback on trips purchased through Chase Ultimate Rewards®, our premier rewards program that allows you to redeem rewards for cashback, trips, gift cards and more; 4.5% cashback on drugstore and restaurant purchases, including takeout and eligible home delivery, and 3% on all other purchases (up to $20,000 spent in the first year).
- After the first year or $20,000 spend, get 5% cashback on Chase trips purchased with Ultimate Rewards®, 3% cashback on drugstore and restaurant purchases, including takeout and qualifying delivery services, and unlimited cashback of 1.5% on all other purchases.
- There is no minimum amount that must be redeemed for cashback. Most current and savings accounts in the US allow you to choose between credit and direct deposit. Cashback rewards do not expire as long as your account is open!
- Enjoy an initial interest rate of 0% on purchases and funds transfers for 15 months from account opening, followed by a variable APR of 20.49% - 29.24%.
- No Annual Fee - You don't have to pay an annual fee for all the great features the Freedom Unlimited® card has to offer
- Keep an eye on your credit score. Chase Credit Journey helps you monitor your credit score with free access to your current points balance, real-time alerts and more.
- Member of the FDIC
Earn an extra 1.5% on everything you buy (up to $20,000 spent in the first year) - up to $300 cashback. That's 6.5% for trips purchased with Chase Ultimate Rewards®, 4.5% for restaurants and drugstores, and 3% for all other purchases.
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The best cashback card with no annual fee and APR introductory fee
Capital One SavorOne credit card with cash rewards*
4,5
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
Up to 8% cash back
Get unlimited 3% cashback on food, entertainment, popular streaming services and grocery stores (except supermarkets like Walmart® andread more
welcome bonus
200 $
annual fee
0 $
Regular APR
19.99% - 29.99% (variable)
creditworthiness
Excellent, Good (700 - 749)
Why we chose it
The Capital One SavorOne card is the ideal cashback credit card for those who spend a lot of money in restaurants, grocery stores (except supermarkets such as Walmart® and Target®) and entertainment. With a 3% cashback rate in these categories, it's a win-win for celebrities who don't want to pay the annual fee.
For and against
- No annual fee
- Increased cashback on meals and entertainment
- No fees for foreign transactions
- Easy use of cashback rewards
- Introductory APR for purchases and balance transfers
- High APR
- Limited levels of cashback rewards
card details
- Get a one-time $200 cash bonus after spending $500 on purchases within the first three months of opening your account
- Get unlimited 3% cashback on food, entertainment, popular streaming services and grocery stores (except supermarkets like Walmart® and Target®) plus 1% on all other purchases
- Until 11/14/2024, get 10% cashback on Uber and Uber Eats purchases plus free Uber One membership credit
- Get 8% cash back on purchases at Capital One Entertainment
- Get an unlimited 5% cashback on hotels and car rentals booked through Capital One Travel, where you can get the best Capital One rates on thousands of travel options. General Terms and Conditions
- No rotating categories or registrations are required to earn cash prizes; Plus Cashback does not expire during the life of your account and there is no limit to how much you can earn
- Introductory APR 0% on purchases and balance transfers for 15 months; later 19.99% - 29.99% variable APR; 3% commission on amounts transferred in the first 15 months
- No fees for foreign transactions
- No annual fee
Get a one-time $200 cash bonus after spending $500 on purchases within the first three months of opening your account
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The best flat rate cashback card with no annual fee from Wells Fargo
Karty Wells Fargo Active Cash®
On the Wells Fargo website
3.8
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
On the Wells Fargo website
Unlimited Bonus Rate 2%
Get unlimited 2% cash rewards on purchases
welcome bonus
$200 cash prizes
annual fee
0 $
Regular APR
20.24%, 25.24% or 29.99% Variable APR
creditworthiness
Excellent, Good (700 - 749)
Why we chose it
Wells Fargo Active Cash offers an unlimited cash reward rate of 2% on purchases and there is no annual fee. Thanks to this, it can compete with the best flat-rate cashback cards on the market.
For and against
- Unlimited 2% cash rewards on purchases
- $0 annual fee
- The benefits of protecting your mobile phone
- There is a fee for transferring the remaining amount
- Foreign transaction fee applies
- No trip transfer partners
card details
- Get a $200 cash bonus if you spend $500 on purchases in the first three months
- Get unlimited 2% cash rewards on purchases
- Initial APR 0% for 15 months from account opening for purchases and qualifying balance transfers, then variable APR of 20.24%, 25.24% or 29.99%; Balance transfer made within 120 days will be subject to introductory rate and fee of 3% plus BT fee of up to 5% with a minimum of $5
- $0 annual fee
- There are no categories to track or remember, and cash prizes do not expire as long as your account remains open
- Enjoy a range of premium benefits at a selection of the world's most captivating and prestigious hotels with Visa Signature Concierge
- Get up to $600 in cell phone damage or theft protection when you pay your monthly cell phone bill with a qualifying Wells Fargo card (subject to a $25 surcharge).
- Select "Apply Now" to learn more about product features and conditions
Get a $200 cash bonus if you spend $500 on purchases in the first three months
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The best cashback card with no annual fee with cashback match
Discover it® Cash Back
On the Discover page
4.4
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
On the Discover page
Up to 5% bonus rate
Receive 5% cash back quarterly on daily purchases at multiple locations including Amazon.com, grocery stores, restaurants and gas stations.read more
welcome bonus
Cashback Match™
annual fee
0 $
Regular APR
17.24% – 28.24% Variable APR
creditworthiness
Excellent/good
Why we chose it
For modest individuals who want to activate rotating 5% tiers and keep track of a quarterly spending limit, this no-annual fee card can offer decent rewards beyond the fixed 1% earning rate.
For and against
- 5% cashback on quarterly rotating expense categories throughout the year (requires activation)
- Discover automatically doubles all cashback received at the end of the first year
- No minimum cashback amount
- The bonus cashback rate of 5% is capped at $1,500 spent per quarter
- Bonus categories must be activated quarterly
- Low base rate of 1% on everything else
card details
- INTRODUCTORY OFFER: Unlimited Cashback - Only from Discover. Discover automatically doubles all cashback received at the end of the first year! There are no minimum spend or maximum rewards. You can convert $150 in cash to $300.
- Receive 5% cash back quarterly on daily purchases at multiple locations including Amazon.com, grocery stores, restaurants and gas stations, up to a quarterly maximum amount upon activation. You will also automatically receive an unlimited 1% cashback on all other purchases.
- Discover can help you limit the exposure of your personal information online by helping you remove it from select sites that search for people who may be selling your information. It's free, activate it using the mobile app.
- Every dollar earned in cashback is a redeemable dollar.
- Get an introductory APR of 0% on purchases for 15 months. Then, for a standard purchase, based on creditworthiness, the APRC is from 17.24% to 28.24%.
- No annual fee.
- Click Discover to view the Terms.
Introductory Offer: Unlimited Cashback - Only from Discover. Discover automatically doubles all cashback received at the end of the first year! There are no minimum spend or maximum rewards. You can convert $150 in cash to $300.
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The best cashback card with no annual fee for balance transfers
Discover it® Balance transfer
On the Discover page
4.1
A Forbes advisor has created additional star ratings so you can see the best card for your specific needs. This card shines for this purpose, but the total number of stars may differ from other cards.
On the Discover page
Up to 5% bonus rate
Receive 5% cash back quarterly on daily purchases at multiple locations including Amazon.com, grocery stores, restaurants and gas stations.read more
welcome bonus
Cashback Match™
annual fee
0 $
Regular APR
17.24% – 28.24% Variable APR
creditworthiness
Good/Excellent (700 - 749)
Why we chose it
With an extended APR for balance transfers, this card is a great choice if you want to pay off a card with a higher interest rate.
For and against
- Introduction of APR for purchases and balance transfers
- Get rewards that many prepaid transfer cards don't offer
- Cashback adjustment for first year earnings
- The Discover card is not as widely accepted internationally as other cards
- Other cards may offer a longer repayment period for the remaining balance
card details
- INTRODUCTORY OFFER: Unlimited Cashback - Only from Discover. Discover automatically doubles all cashback received at the end of the first year! There are no minimum spend or maximum rewards. You can convert $150 in cash to $300.
- Receive 5% cash back quarterly on daily purchases at multiple locations including Amazon.com, grocery stores, restaurants and gas stations, up to a quarterly maximum amount upon activation. You will also automatically receive an unlimited 1% cashback on all other purchases.
- Discover can help you limit the exposure of your personal information online by helping you remove it from select sites that search for people who may be selling your information. It's free, activate it using the mobile app.
- Every dollar earned in cashback is a redeemable dollar.
- No annual fee.
- Click Discover to view the Terms.
Introductory Offer: Unlimited Cashback - Only from Discover. Discover automatically doubles all cashback received at the end of the first year! There are no minimum spend or maximum rewards. You can convert $150 in cash to $300.
Credit score ranges are based on FICO® credit rating. This is an assessment method only and your credit card company may use a different method when evaluating your application. They are guidelines only and approval cannot be guaranteed.
The information contained in the Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be suitable for your situation. We do not provide financial advice, advisory or brokerage services, nor do we recommend or advise any person to buy or sell any particular shares or securities. Performance specifications may have changed since publication. Past performance is not an indicator of future performance.
The Forbes advisor adheres to rigorous standards of editorial integrity. To the best of our knowledge, all content is correct at the time of publication, however, the offers contained herein may no longer be available. Opinions expressed are solely those of the author and have not been provided, approved or otherwise endorsed by usPartner.