Understanding Credit Card Rates
Credit cards sometimes offer cash back and rewards that can help you save money and improve your credit score.
Read More2% Cash Back Credit Card
Earn more on every purchase with no annual fee, no hoops, and no hassle.
Earn more on every purchase with no annual fee, no hoops, and no hassle.
Unlimited 2% Cash Back
Earn 2% cash back on every purchase.You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
No categories to track or activate.
$0 Annual Fee
Keep more money in your pocket with no annual fee—ever.
Easy Application
Apply online in minutes. It’s easy!
Fraud Protection
Stay secure with $0 fraud liability on unauthorized purchases.Certain restrictions apply. See www.mastercard.us/zero-liability for details.
Cash Back, No Catch
Earn 2% on everything you buy—at home or abroad—with no annual fee, no foreign transaction fees, and no hoops to jump through.
2% Cash Back
Earn unlimited 2% Cash Back on every purchase every day.You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site No categories to track or activate.
24/7 Card Control
Take control anytime with 24/7 card access. Lock/unlock your card, view transactions, and manage spending.
Free Credit Monitoring
Enjoy free credit monitoring with Credit IQ. Track your score, get alerts, and more to protect your credit.
Free Additional Users
Add family or friends to your card, share benefits, and track spending with full control and no extra fees.
How it Works
Use Your Card
Make purchases anywhere Mastercard® is accepted.
Earn Cash Back
Automatically receive 2% cash back on everything you buy.You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
Redeem Rewards
Redeem your cash back easily through the uChoose Rewards portal.
How We Compare
Compare our low rate to other cards—see why we’re the smarter choice.
 | Simmons | Capital One | |
|---|---|---|---|
| Card | World Mastercard | Simmons Rewards Visa Signature | Platinum Mastercard |
| APR | 14.74%-18.00% | 15.75-23.75%Percentages are based on the rates promoted on competitor websites on 01/28/2026 and are variable based on Prime. | 28.99%Percentages are based on the rates promoted on competitor websites on 01/28/2026 and are variable based on Prime. |
| Rewards & Perks | 2% Cash Back on Every PurchaseYou can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site – No Restrictions | 1.25 Rewards Points on Every $1 Spent | 1.5% Cash Back on Every Purchase |
| Annual Fee | $0 | $0 | $0 |
| Balance Transfer Fee | 3% | 5% | 4% |
| Fraud Liability | $0 | – | $0 |
| Credit Score Monitoring | Free | Free | Free |
| Foreign Transaction Fee | 0% | – | 0% |
What Our Members Say
Don’t just take our word for it—hear from our satisfied members.
Makes banking easyArkansas Federal makes banking easy. It always handles just what I need right on the spot.
Friendly and Willing to HelpI really love how everyone is so friendly and willing to help with my banking needs. I am very thankful I listened and chose Arkansas Federal for all my banking needs.
Customer Service is SpectacularI enjoy being a member of Arkansas Federal because they are always helpful when I need something. I have had a positive experience working with Arkansas Federal because its customer service is spectacular.
Explore Great Credit Card Benefits
$0 Annual Fee
Delight in no annual fees. Hooray!
Free Credit Monitoring
Stay on track with Credit IQ—it’s free!
24/7 Card Control
Full control, anytime—with My Cards.
Free Authorized User
Add another user for free—how nice!
$0 Fraud LiabilityCertain restrictions apply. For details, see the Guide to Benefits.
No fraud worries—you’re protected!
2% Cash Back
Enjoy 2% Cash Back on every purchase.You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
Tap to Pay (Contactless)
Tap, pay, and go—super easy!
Digital Wallet
Pay with just your phone—so simple!
Identity Theft ResolutionCertain restrictions apply. For details, see the Guide to Benefits.
We’ve got your back if fraud happens!
Great for Travel
Use worldwide with no foreign transaction fees.
Rates & Fees
Clear pricing with no hidden fees!
Interest Rate
as low as
14.74
%
APR
As of 12/02/2025, the variable APR ranges from 14.74% to 18.00%, based on your creditworthiness and market conditions related to the Prime Rate. You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site. There is no annual fee; however, late payment fees may reach $40. A balance transfer fee of 3.00% of the total amount applies, as does a cash advance fee of 3.00% per transaction. Interest on cash advances will be charged at your standard APR from the transaction date. All loans, including credit cards, are subject to credit approval, and additional restrictions may apply. Membership with Arkansas Federal Credit Union is required. For complete details, please refer to the Full Credit Card Account Agreement and Disclosures.
%
APR
Fees
Annual Fee
Balance Transfer Fee
Foreign Transaction Fee
$0
3.00%
0%
Frequently Asked Questions
How do I earn rewards?
With Arkansas Federal’s 2% Cash Back Card, you get 2% back for every dollar spent, no matter what.You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site This means that there are no category restrictions for what kinds of purchases you earn rewards on. You can “set it and forget it” without having to think about what types of purchases to use your credit card for. Aside from that, it functions the same as a regular credit card – you use it to make purchases, receive a monthly bill, then make payments.
Can I redeem my rewards for things other than cash back?
Yes! You can redeem your rewards for things like travel points, gift cards, and more.
How do I redeem my cash back?
You can redeem your rewards through Arkansas Federal’s uChoose Rewards portal. You can find the portal on the Arkansas Federal app, and it’s easy to redeem your rewards for cash back, travel points, gift cards, and more.
How does a cash back credit card affect my credit score?
Using your cash back credit card responsibly – paying bills on time and keeping your balance low – can positively impact your credit score. However, high balances and late payments can drag your credit score down.
How do I apply?
You can apply in just a few minutes online, or in person by visiting your nearest branch.
Looking for Something Different?
From cash back to secure, and even business cards, we’ve got you covered.
Business Rewards
Earn 2% cash back on business purchases!You can earn 2 points for every $1 spent on purchases, which may be redeemed for cash back equal to 2.00% on the uChoose Rewards site
