There are a couple of new no-annual-fee cards that make the list of best cash back credit cards in 2021, including a card from US Bank that gives you 4% back at restaurants and a Mastercard from Chase with World Elite perks.
Every time you swipe a credit card, the merchant pays a fee in the neighborhood of 3%. Businesses that want to be profitable will factor those costs into the price of the products and services they offer.
The Chase Freedom Unlimited card offers $200 cash back after spending $500 in the first three months. The card also offers 3% back on restaurant and drugstore purchases, and a flat 1.5% cash back on all other purchases.
The Capital One Quicksilver Cash Rewards Card will also get you 1.5% back on all purchases. The early spend bonus on this card is $200 when you put a total of $500 on the card within the first three months.
The Citi Double Cash Card offers a total of 2% cash back on all purchases: 1% when you charge and 1% when you pay. The card carries no annual fee and a 0% introductory APR on balance transfers for 18 months (fees apply).