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 might have additional fees, such an annual percentage rate that applies for balance transfers and 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
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. The cashback match program is not available to everyone.
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 1 cent per point, and the points can be transferred to other Chase credit cards and airline partners for a 1:1 transfer. The card has other benefits too, such as a cell phone protection plan. Cardholders are eligible for up to $1,000 worth of insurance each year in the unlikely event of an injury. This plan includes a $50deductible and allows for up to two 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. For anyone who likes to earn cash back, this is a great deal. Also, the 0% APR on balance transfers is a plus. For even more cashback, combine the card with Citi Rewards Cards.
Amex EveryDay(r).
Amex EveryDay (r), no annual credit card fee, and Amex EveryDayPreferred credit cards have no annual fees. These cards are similar in terms of earning structure and benefits. For example, both earn two Membership Rewards points for every dollar you spend at U.S. supermarkets, and one point for every dollar spent elsewhere. Each card comes with a bonus of 20% points that can be converted into cash.
Bank of America Customized Bank Cash
The Bank of America Customized Cash no annual fee card has a low annual fee and offers a generous introductory APR. However, it has few benefits and little rewards. Its introductory APR is 0% on purchases and extends to balance transfers.
Hilton Honors Amex
Hilton Honors Amex is worth considering if you're a regular Hilton guest. A limited time offer: New cardmembers may earn up 80,000 points by spending $1,000 on eligible transactions. These points can also be used at U.S.-based restaurants and supermarkets. The card also offers 3X points on other eligible purchases.