No Annual Fee Credit Cards

by Joannah

There are more and more no annual fee credit cards nowadays. They basically don't charge any longer an annual fee.

There are more and more no annual fee credit cards nowadays. They basically don't charge any longer an annual fee. To be honest, these are actually the best types of credit cards, as you don't have to pay a fee for them year in, year out. Here are some of the best out there currently. One thing it's important to note, you need good, above average credit with most of these companies to be able to use their cards.

Discover® More(SM) Card 

If you have a good credit and you want a cash rewards, this one is for you. If you enroll, you can get a 5% Cashbank Bonus in various categories, including gas, restaurants, travel, apparel and home. If you spend between $1,500 - $3,000, you will receive a 0.5% rebate and if you go for over $3,000, your rebate will be 1%. This card is really perfect for those who:
a) are able to pay off their balance each month, without stocking up on debt
b) are able to spend minimum $3,000 every year in order to get the rebate
c) can use their cashback rewards at various retailers that participate in the game, in order to receive double cash rebates.

IberiaBank Visa® Gold Cash Back Rewards Card

Again this is one for people with a good credit score. If you want a cash rewards card, you can use this one safely. Basically here you are earning 1% rebate for each $1 spent. You can spent any number of rebates, as they never expire. You might qualify for low interest rate credit cards here. The various benefits you get are also including travel accident insurance, which is pretty good.

Capital One® No Hassle Miles(SM) Rewards

Your credit must also good with this card. Honestly, this one is with a great and cheap airline reward programs, maybe one of the best around. For each of your $1 purchases you can now earn 1.25 miles which you can then use for flights on any airlines. You don't have seat restrictions or blackout dates with this, so the miles won't expire any time soon. So imagine flying free to any destination on any airlines just because you are using this card. You don't have an annual fee this card, btw.

Blue from American Express®

Again, you need to have good credit and an established credit history. You can earn for each $1 spent 1 reward point and you wil have access to the Membership Rewards Express program that includes dining and entertaining, retail and travel rewards. Also among other benefits you get auto rental insurance, purchase protection, as well as several travel assistance and emergency services.

There are many more such cards, including the various Discover cards, the Blue Sky from American Express, the City Forward Card, the IberiaBank Visa card, however there were found to work best. as no annual fee credit cards.