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. 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. The reward is earned when you spend a large sum of money in a given category.
Find it(r), Cash Back
The Discover it(r) Cash Back no annual fees credit card is an ideal option for people who want to maximize the amount of cash they earn from their spending. This card is free of annual fees and allows you to earn up 2% cash back on both purchases and payments. The card also comes with a sign-up bonus that is free and no annual spending limit. The cashback match program is not available to everyone.
Chase Freedom Flex
The Chase Freedom Flex card without annual fee is a great choice for travelers looking to earn rewards points and have no monthly fees. The card earns 1 cent per point, and the points can be transferred to other Chase credit cards and airline partners for a 1:1 transfer. There are other benefits, including a cell telephone protection plan. Cardholders are eligible for up to $1,000 worth of insurance each year in the unlikely event of an injury. You can also claim up to two times per year and have a $50 deductible.
Citi(r), Double Cash Card
Citi Double Cash Card has one of the most popular no-annual fee credit cards. The card offers 2% cashback for purchases made in certain categories. That's a great deal for anyone who enjoys earning cash back, and the 0% APR offer on balance transfers is an added bonus. To earn even more cashback you can combine the card and other Citi rewards cards.
Amex EveryDay (r)
Amex Everyday credit cards (r) and Amex EveryDay Preferred credit cards (preferred) both have no annual fees. These cards have similar earning structures and benefits. You can earn two Membership Rewards Points for every dollar you spend in U.S. supermarkets. One point for every dollar that is spent anywhere else. Both cards come with 20% bonus points, which can be converted into cash.
Bank of America Customized Money
The Bank of America Customized Cash no annual fee card has a low annual fee and offers a generous introductory APR. However, its benefits and rewards are sparse. Its introductory APR is 0% on purchases and extends to balance transfers.
Hilton Honors Amex
Hilton Honors Amex card is worth consideration if your frequent Hilton guest. A limited time offer: New cardmembers may earn up 80,000 points by spending $1,000 on eligible transactions. These points are available at Hilton properties and U.S. stores as well. You can also earn 3X points for other eligible purchases