For those who don’t want to pay an annually fee, credit cards that do not have annual fees are a great choice. These cards may have other fees, such as an annual percentage rate, that apply to 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.
Cash back with Discover it(r).
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. You can earn as much as 2% cashback on your purchases and payments. There is no annual fee. There is also no annual spending limit and a sign up bonus with no fees. However, you will have to do some work in order to take advantage of this card's cashback match program.
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. There are other benefits, including a cell telephone protection plan. Cardholders who have this plan can receive up $1,000 annually in insurance in case of an emergency. You can also claim up to two times per year and have a $50 deductible.
Citi(r), Double Cash Card
The Citi Double Cash Card is one of the best no annual fee credit cards available today. The card offers 2% cashback for purchases made in certain categories. This is a great deal for anyone who loves earning cash back. The 0% APR offer on balance transfer transactions is also a bonus. To get even more cash back you can also combine this card with other Citi rewards cards.
Amex EveryDay(r).
Amex Everyday credit cards (r) and Amex EveryDay Preferred credit cards (preferred) both have no 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. Both cards provide 20% bonus points per billing cycle that can be converted to cash.
Bank of America Customized Cash
The Bank of America Customized Cash no annual fee card has a low annual fee and offers a generous introductory APR. But, the benefits and rewards it offers are very limited. Its introductory APR is 0% on purchases and extends to balance transfers.
Hilton Honors Amex
The Hilton Honors Amex credit cards is worth looking into if you are a frequent Hilton guest. New cardmembers will be able to earn up to 80,000 points if they spend $1,000 on eligible purchases for a limited period. These points are available at Hilton properties and U.S. stores as well. 3X points are available on eligible purchases.