The 5 Best Credit Cards With No Annual Fees

By Jason Steele. Last updated 2 August 2017. 0 comments

This post contains references to products from our advertisers. We may receive compensation when you click on links to those products. The content is not provided by the advertiser and any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any bank, card issuer, airline or hotel chain. Please visit our Advertiser Disclosure to view our partners, and for additional details.

Most average credit card users don't need a credit card with an annual fee. Cards that come with annual fees offer higher rewards and an assortment of travel perks and shopping benefits, but if you don't spend enough to maximize on rewards or travel enough to take advantage of the additional perks, the annual fee is an unjustifiable cost.

Choosing a card without an annual fee is much like picking any other card — you need to find the one that offers the features and benefits that are best suited to how you are going to use the card. Here are the cards I would recommend to anyone looking for a credit card without an annual fee.

Bank of America® Travel Rewards Credit Card

When traveling internationally, credit cards can be the most secure and convenient method of payment. Unfortunately, many cards are incompatible with the latest generation of credit card readers in use around the world that require an EMV smart chip. And many of the cards that do have an EMV chip also have a 3% foreign transaction fee, an annual fee, or both. The Bank of America® Travel Rewards Credit Card is one of the only rewards cards that offers both an EMV smart chip along with no foreign transaction fees or annual fee. Cardholders also receive a competitive rewards program that features 1.5 points per dollar spent on purchases, and each point is worth one cent statement credit towards travel purchases. Plus there's a 20,000 point sign-up bonus (after $1,000 spend in first 90 days) that is worth $200. (See also: The Best Travel Rewards Credit Cards)

Click here to learn more and apply for the Bank of America® Travel Rewards Credit Card today!

Barclaycard CashForward™ World Mastercard®

The Barclaycard CashForward™ World Mastercard® offers 1.5% unlimited cash back on every purchase as well as a 5% redemption bonus. The minimum redemption requirement is $50. New cardholders can earn $200 after spending $1,000 in purchases in the first 90 days of account opening. Additional benefits include various travel insurance, extended warranty, purchase and return protection, concierge services, and a free FICO score every month.

Click here to learn more and apply for the Barclaycard CashForward™ World Mastercard® today!

Citi® Double Cash - 18 month BT offer 

The Citi® Double Cash Card - 18 month BT offer from our partner Citi is the no fee card for those who want to maximize the amount of cash back rewards they receive from their regular spending. Cardholders receive 1% cash back when they make a purchase, and another 1% cash back when they make a payment. For a straight cash rewards credit card, it's one of the best available when it comes to getting cash back for all your purchases (not just the ones in bonus categories). (See also: Best Cash Back Credit Cards)

Click here to learn more and apply for the Citi® Double Cash Card - 18 month BT offer today!

3.37383
Average: 3.4 (107 votes)
Your rating: None
ShareThis
Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.