Discover the Top No-Annual-Fee Credit Cards that Maximize Your Savings
CREDIT CARDS
Top No-Annual-Fee Credit Cards
Written By
Marc Andre
Last Updated on
October 16, 2023
Sometimes it’s worth paying a yearly fee for a credit card, especially when the rewards and perks outweigh the costs. However, holding too many cards with annual fees might not be beneficial unless you use all of them regularly.
For those who don’t frequently use credit cards, or are new to them, cards without annual fees are an ideal option. While some of these cards may offer lower rewards or fewer benefits, the best ones can still be quite rewarding.
This guide will walk you through some of the top no-annual-fee credit cards, helping you find the one best suited to your needs.
Top No Annual Fee Cards:
1. Citi Double Cash: Perfect for those who pay off their balance each month. It gives 1% cash back for every purchase, and an additional 1% once the purchases are paid off, totaling 2% cash back. Timely payments are necessary to earn cash back. Also, it has an 18-month 0% introductory rate for balance transfers.
2. Chase Freedom Flex: This card offers various rewards and cash back, including 5% on travel when purchased through Chase Ultimate Rewards portal, 3% on dining and drugstores, and 1% on everything else. New cardholders can get a $200 bonus if they spend 500$ within the first three months.
3. Chase Freedom Unlimited: Offers the same rewards as Freedom Flex and a $200 bonus if $500 is spent during the first three months. Plus, there’s no need to worry about spending categories to earn rewards.
4. Discover it: Earns 5% cashback on purchases up to $1,500 in specific categories each quarter. All other purchases earn 1% cash back.
5. Wells Fargo Cash Wise Visa Card: Provides 1.5% cash back on all purchases, with 1.8% on digital wallet purchases during the first 12 months and a $150 bonus for new cardholders who spend at least $500 in the first three months.
Business Credit Cards with No Annual Fee:
1. American Express Blue Business Cash: Offers a flat 2% cash back on spending up to $50,000 per year making it perfect for everyday business expenses.
2. Capital One Spark Cash Select for Business: This card offers 1.5% cashback on all purchases, with a $200 bonus upon spending $3000 within the first three months.
3. Chase Ink Business Cash Credit Card: Suitable for business owners, offering 5% cashback on the first $25,000 spent annually in office supply stores, and on cell, landline, and internet charges. Also, 2% cashback on gas station and restaurant purchases up to $25,000 each year, and 1% cash back on all other purchases; with a $750 bonus if spending $7,500 within the first three months.
These cards offer a variety of rewards and benefits without charging an annual fee, making them great choices for savvy credit card users. Have a look at our complete list of no-annual-fee credit cards to find the one that best fits your lifestyle and spending habits.
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