A no-annual-fee credit card is a blessing to consumers of all kinds because it gives them access to their entire balance instead of limiting it tremendously for them. It’s a wonderful option for you if you’re looking for a card that’s a good fit for you.
Having no annual fee can benefit you no matter what situation you’re in right now in terms of credit. The following are the best no annual fee credit cards for this year. Choose the best no annual fee credit cards for you depends on your credit score and the perks that you desire to have on your card.
Capital One Platinum MasterCard
Capital One Bank is one of the most generous issuers of the no-fee credit card on the market. The company is well known for its easy-to-achieve and second-chance credit cards. They offer secured cards as well as no annual fee credit cards for consumers who don’t have glowing credit scores. For example, someone with a score of 523 may be able to obtain a Platinum card if his or her income is good. The card offers benefits such as fraud protection, regular credit line increases 24/7 account access. There is no annual fee, and the APR is 26.98 percent. It’s an excellent unsecured option for a person who needs to rebuild his or her credit. In fact, it’s one of the best credit cards.
Capital One Venture One
The Capital One Venture One card is the perfect option for a person who wants to earn cash back while he or she is enjoying the rest of the benefits of the card. There is no annual fee with this card, and it offers a myriad of benefits such as bonuses, airline miles, and a low APR. The starting APR can be as low as 0% if someone gets the card during a promotional period. The 0% starting APR is not always available. The regular APR is between 13.74 and 23.74 percent. Generally, an applicant has to have good credit to obtain the card. Credit Karma suggests a score between 651 and 764 for approval.
Citi Simplicity Card
The Citi Simplicity Card is one of the no annual fee credit cards that you may be interested in if you have a score between 652 and 757. This card boast that it does not charge annual fees, late fees or penalty rates. That’s a big deal in the credit world, which is why people highly desire this card. The APR for a new cardholder can be as low as 15.99 percent or as high as 25.99 percent. This card has a lower APR than a lot of other cards on the market, so it’s an excellent choice for someone who has a high score.
Wells Fargo Cash Wise Visa
This particular Wells Fargo Card offers many positive features, including a hefty $200 bonus for its new customers. Interested parties must apply during the promotional period to reap the benefits. The card also allows its holders to earn cash back on every transaction they perform. This card allows its users to earn 1.5 percent cash back on most of their purchases. It also has a 1.8 percent category and is one of the rare cards that give cash back for mobile application use. Furthermore, the card offers cell phone insurance, which is also a rarity from a credit card company.
Chase Freedom Card
The Chase Freedom Card is one of the best no annual fee credit cards for cash back because it has 5 percent cash back categories. That means that the cardholder can earn 5 percent back on specific categories of items. The categories may change every month so that the individual always has a chance to get money back. Other features that this card offers are features such as the bonus during the first three months of having a card. Applicants should have a score that is higher than 600 points.
Amex Blue Cash Everyday
The American Express Blue Cash Everyday card is another option that you may appreciate. It’s one of the best credit cards for no fee each year. Benefits include vast usage in the US, versatile cash back usage and 2 percent back at gas stations so that cardholders can always benefit when they purchase fuel.
Interested persons can apply for any of these credit cards by visiting the site and entering accurate information. Many of them offer 60-second approvals.