If you don't mind paying an annual fee for credit cards, no annual fee credit card is a good option. 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 rewards can be earned by spending large amounts of money in one category.
Get Cash Back with Discover It(r)
People who want to maximize their cash flow from spending can choose the Discover it(r) Credit Card with Cash Back without annual fees. This card gives you up to 2% cashback for purchases and payments. It also has no annual fee. There is also no annual spending limit and a sign up bonus with no fees. The cashback match program is not available to everyone.
Chase Freedom Flex
The Chase Freedom Flex no annual fee credit card is a great choice for travelers who want a no-fee card that earns rewards points. The card earns 1c per each point. You can transfer the points to other Chase credit cards, airline partners, or transfer them 1:1. The card also offers cell phone protection and other benefits. With this plan, cardholders can receive up to $1,000 in insurance per year in the event of an accident. 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 is a great no annual fee credit card. You can get 2% cashback on certain purchases. 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 credit cards (r) and Amex EveryDay Preferred credit cards (preferred) both have no annual fees. Both cards offer similar benefits and earning structures. They both earn two Membership Reward points for every dollar spent at U.S. Supermarkets and one point per dollar 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 without annual fee card comes with a low annual fee, and a generous introductory interest rate. The benefits and rewards of this card are limited. Its introductory APR of 0% applies to purchases and 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 are available at Hilton properties and U.S. stores as well. 3X points are available on eligible purchases.