Credit cards with no annual fees are an excellent choice for those who don't wish to pay an additional fee each year for the privilege of having a credit card. These cards might have additional fees, such an annual percentage rate that applies for balance transfers and purchases. The annual fee is only justified when the rewards earned by these credit cards outweigh the cost of the card. In general, the rewards are earned by spending a large amount of money in a particular category.
Discover it(r) Cash Back
The Discover it(r), cash back credit card without annual fees is the best option for people who want more from their spending. This card gives you up to 2% cashback for purchases and payments. It also has no annual fee. It also has a no-fee sign-up bonus and has no annual spending cap. To take advantage of the cashback match program, however, you'll need to put in some effort.
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 1 per point. Points can also be transferred to Chase credit or airline partners at a 1:1 ratio. The card also offers cell phone protection and other benefits. Cardholders are eligible for up to $1,000 worth of insurance each year in the unlikely event of an injury. The plan also comes with a $50deductible that allows you to make up to 2 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. The card offers 2% cashback for purchases made 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. You can also combine the card with other Citi rewards cards to earn even more cash back.
Amex EveryDay (r)
Both the Amex Everyday (r) credit card with no annual fee and Amex Everyday Preferred credit cards with no annual fees offer zero 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 come with 20% bonus points, which can be converted into cash.
Bank of America Customized Cash
The Bank of America Customized Cash No Annual Fee Card has a low annual charge and offers an attractive introductory APR. The benefits and rewards of this card are limited. Its initial APR is 0% and applies to purchases as well as balance transfers.
Hilton Honors Amex
Hilton Honors Amex credit is worth your consideration if you are a frequent Hilton Guest. For a limited time, new cardmembers can earn up to 80,000 points after spending $1,000 on eligible purchases. These points can also be used at U.S.-based restaurants and supermarkets. 3X points are available on eligible purchases.