People who don't want to pay an annual charge for credit cards can choose no annual fee credit cards. You may also have to pay additional fees for purchases and balance transfers. These cards have an annual fee that is justified only if the rewards they offer are greater than the annual fee. In general, the rewards are earned by spending a large amount of money in a particular category.
Find it(r), Cash Back
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. There is also no annual spending limit and a sign up bonus with no fees. This card offers cashback matching, but you will need to do some work to make it work.
Chase Freedom Flex
For travelers looking for a card with no annual fees and high rewards points, the Chase Freedom Flex credit card has no annual fee. 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 with this plan can get up to $1,000 per year of insurance in the event that there is an accident. You can also claim up to two times per year and have a $50 deductible.
Citi(r). Double Cash Card
Citi Double Cash Card is a great no annual fee credit card. 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. 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. The benefits and earning structure of these cards is similar. Both cards earn two Membership Rewards points per dollar spent at U.S. supermarkets and one point for each dollar spent elsewhere. Both cards offer a 20% bonus points per billing cycle, which can be converted to 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. However, it has few benefits and little rewards. Its introductory APR of 0% applies to purchases and 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 can be used at Hilton properties as well as U.S. supermarkets and restaurants. You can also earn 3X points for other eligible purchases