People who don't want to pay an annual charge for credit cards can choose no annual fee credit cards. 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. You can earn rewards by spending a lot of money in a certain category.
Discover it(r), Get 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 is free of annual fees and allows you to earn up 2% cash back on both purchases and payments. The card also comes with a sign-up bonus that is free and no annual spending limit. However, you will have to do some work in order to take advantage of this card's cashback match program.
Chase Freedom Flex
Travelers who are looking for a credit card with no annual fee and great rewards points will love the Chase Freedom Flex. The card earns 1 cent per points and can be transferred to Chase credit and airline partners for 1:1 transfers. Other benefits include a cell-phone protection plan and Chase credit cards. 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. You get 2% cash back when you purchase certain categories. It's a great deal if you enjoy earning cash back. Balance transfer offers are also available at 0% APR. To get even more cash back you can also combine this card with other Citi rewards 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 Money
The Bank of America Customized Cash Card with No Annual Fee has a low annual payment and offers a generous APR. Its benefits and rewards are not as extensive as they could be. Its initial APR is 0% and applies to purchases as well as balance transfers.
Hilton Honors Amex
The Hilton Honors Amex credit cards is worth looking into if you are a frequent Hilton guest. You can earn upto 80,000 points for new cardmembers if you spend $1,000 on eligible purchase. These points are available at Hilton properties and U.S. stores as well. You can also earn 3X points for other eligible purchases