People who don't want to pay an annual charge for credit cards can choose no annual fee credit cards. There may be additional fees such as an annual percentage fee that is charged for balance transfers or purchases. These cards have an annual fee that is justified only if the rewards they offer are greater than the annual fee. Spending a significant amount of money on a specific category will earn you rewards.
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 allows you to earn up to 2% cash back on purchases and payments, and charges no annual fee. It also has a no-fee sign-up bonus and has no annual spending cap. You will need to work hard to get cashback with this card.
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 1c per point and can be transferred to Chase credit cards or airline partners for a 1:1 transfer. Other benefits include a cell-phone protection plan and Chase credit cards. Cardholders with this plan can get up to $1,000 per year of insurance in the event that there is an accident. The plan also includes a $50 deductible and allows up to two claims per year.
Citi(r), Double Cash Card
Citi Double Cash Card, which has no annual fees, is one of today's best credit cards. It offers 2% cash back on 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).
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. These cards are similar in terms of earning structure and benefits. Each card earns two Membership Rewards points for every dollar spent in U.S. grocery stores, and one for every $1 spent elsewhere. Each card comes with a bonus of 20% points that can be converted into cash.
Bank of America Customized cash
The Bank of America Customized Cash card with no annual fees has a low annual cost and offers a generous introductory rate. Its benefits and rewards are not as extensive as they could be. Its introductory rate is 0% on purchases. This also applies to balance transfers.
Hilton Honors Amex
Hilton Honors Amex card is worth consideration if your frequent Hilton guest. Cardmembers who spend $1,000 on eligible purchases can now earn up to 85,000 points. These points can be used at Hilton properties as well as U.S. supermarkets and restaurants. You can also earn 3X points for other eligible purchases