No annual fee credit cards are a good choice for people who do not want to pay an annual fee for the privilege of using a credit card. These cards may have other fees, such as an annual percentage rate, that apply to balance transfers and purchases. The annual fee on these cards is only justified if the rewards offered by the credit card are more valuable than the annual fee. The reward is earned when you spend a large sum of money in a given category.
Discover it(r) Cash Back
The Discover it(r- Cash Back) credit card with no annual fees is a great option for those who want maximum cashback from their spending. The card offers a 2% cashback on purchases and payments and has no annual fees. You also get a free sign-up bonus, and there is no annual spending cap. This card offers cashback matching, but you will need to do some work to make it work.
Chase Freedom Flex
Travelers who are looking for a credit card with no annual fee and great rewards points will love the Chase Freedom Flex. The card earns 1c per point and can be transferred to Chase credit cards or airline partners for a 1:1 transfer. The card also offers cell phone protection and other benefits. Cardholders who have this plan can receive up $1,000 annually in insurance in case of an emergency. The plan also comes with a $50deductible that allows you to make up to 2 claims each year.
Citi(r) Double-Cash Card
Citi Double Cash Card, which has no annual fees, is one of today's best credit cards. It gives you 2% cashback when you make purchases in certain categories. This is a fantastic deal for anyone who enjoys cashback. Additionally, balance transfers are eligible for 0% APR. To earn more cash back, you can combine your Citi Rewards Card with other Citi cards.
Amex Everyday(r)
Amex Everyday (r), and Amex Everyday Prened credit cards, both with no annual fees, offer no annual fees. The benefits and earning structure of these cards is similar. Each card earns two Membership Rewards points for every dollar spent in U.S. grocery stores, and one for every $1 spent elsewhere. Both cards offer 20% bonus points per billing period, which can then be converted into cash.
Bank of America Customized Bank Cash
The Bank of America Customized Cash card with no annual fees has a low annual cost and offers a generous introductory rate. However, its benefits and rewards are sparse. Its introductory APR is 0% on purchases and extends to balance transfers.
Hilton Honors Amex
The Hilton Honors Amex credit cards is worth looking into if you are a frequent Hilton guest. Cardmembers who spend $1,000 on eligible purchases can now earn up to 85,000 points. These points can be used in participating Hilton properties as well at U.S. grocery stores and restaurants. Other eligible purchases are also eligible for 3X points.