Credit cards can be a convenient and effective way to manage your finances and earn rewards on your everyday purchases. However, some credit cards come with hefty annual fees, making them costly to use. Fortunately, there are many no annual fee credit cards on the market that offer great rewards and perks without the extra cost. Here are some of the best no annual fee credit cards that can help you get rewarded without the fees.
Chase Freedom Unlimited: This card offers a generous cash back reward system, with a flat 1.5% cash back on all purchases. Additionally, new cardholders can earn a $200 bonus after spending $500 in the first three months. The card also comes with a 15-month 0% APR introductory period on purchases and balance transfers, making it a great option for those looking to make big purchases or pay off existing credit card debt without incurring additional fees.
Discover it Cash Back: This card offers 5% cash back on rotating categories such as gas, groceries, dining, and more, up to a quarterly maximum when you activate the bonus. Cardholders also receive 1% cash back on all other purchases. Discover matches all the cash back earned at the end of the first year, effectively doubling the rewards. This card also comes with an introductory 0% APR on purchases and balance transfers for 14 months.
Citi Double Cash Card: This card offers 2% cash back on all purchases – 1% when you make a purchase and an additional 1% as you pay for those purchases. There are no category restrictions or caps, making it a simple and straightforward cash back card. This card also offers an introductory 0% APR on balance transfers for 18 months, with a 3% balance transfer fee.
Capital One SavorOne Cash Rewards Credit Card: This card is a great option for foodies and entertainment enthusiasts, offering 3% cash back on dining, entertainment, and popular streaming services, 2% cash back at grocery stores, and 1% cash back on all other purchases. New cardholders can also earn a one-time $200 cash bonus after spending $500 in the first three months. There are no foreign transaction fees, making it a great option for those who travel internationally.
Bank of America Cash Rewards Credit Card: This card offers 3% cash back in a category of your choice, 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases. The 3% and 2% cash back categories have a combined quarterly limit, making it a great option for those who frequently spend on gas or groceries. Bank of America customers can also receive a 10% bonus when redeeming cash back into a Bank of America checking or savings account.
These are just a few of the best no annual fee credit cards available, and each offers a unique rewards structure to fit your spending habits and lifestyle. Whether you’re looking for cash back, travel rewards, or other perks, there’s a no annual fee credit card out there that can help you get rewarded without the extra fees. Consider these options when choosing a credit card, and start earning rewards on your everyday purchases without any added costs.
