If you don't mind paying an annual fee for credit cards, no annual fee credit card is a good option. There may be additional fees such as an annual percentage fee that is charged for balance transfers or purchases. The annual fee for these cards is not justified if the rewards that the card offers are better than the annual cost. In general, the rewards are earned by spending a large amount of money in a particular category.
Discover it(r) Cash Back
For people who want to increase the cash they make from their spending, the Discover it(r), Cash Back credit card has no annual fees. This card is free of annual fees and allows you to earn up 2% cash back on both purchases and payments. It comes with an annual spending cap and a sign-up bonus without any fees. You will need to work hard to get cashback with this card.
Chase Freedom Flex
The Chase Freedom Flex credit cards with no annual fees are a great option for travelers who desire a card that earns points and has no fees. The card earns 1c per point and can be transferred to Chase credit cards or airline partners for a 1:1 transfer. The card has other benefits too, such as a cell phone protection plan. This plan allows cardholders to receive $1,000 of insurance annually in the case of an accident. This plan includes a $50deductible and allows for up to two claims each year.
Citi(r), Double cash Card
The Citi Double Cash Card is one of the best no annual fee credit cards available today. It offers 2% cash back on purchases in certain categories. For anyone who likes to earn cash back, this is a great deal. Also, the 0% APR on balance transfers is a plus. To earn more cash back, you can combine your Citi Rewards Card with other Citi cards.
Amex Everyday(r)
The Amex EveryDay (r) no annual fee credit card and Amex EveryDay Preferred no annual fee credit cards both offer no annual fees. These cards are similar in terms of earning structure and benefits. They both earn two Membership Reward points for every dollar spent at U.S. Supermarkets and one point per dollar elsewhere. Both cards offer 20% bonus points per billing period, which can then be converted into cash.
Bank of America Customized Money
The Bank of America Customized Cash Card with No Annual Fee has a low annual payment and offers a generous APR. The benefits and rewards of this card are limited. Its introductory APR is 0% on purchases and extends to balance transfers.
Hilton Honors Amex
Hilton Honors Amex credit is worth your consideration if you are a frequent Hilton Guest. New cardmembers will be able to earn up to 80,000 points if they spend $1,000 on eligible purchases for a limited period. These points can also be used at U.S.-based restaurants and supermarkets. This card offers 3X points on all other eligible purchases.