Credit Card Deals with No Annual Fees
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For your next credit card, you want a lucrative deal. What you don’t want is to pay for the privilege with an annoying and pricey annual fee. We canvassed current offerings by credit card companies on CreditDonkey for the cash back, reward points, balance transfers, low interest, and small business offers you should consider.
Our criteria: the deals had to be good and the annual fee had to be nothing.
Here are the credit card deals with no annual fees you should consider for
Hot Deal: Barclaycard CashForward
Barclaycard CashForward offers a $200 cash rewards bonus if you spend $1,000 on purchases within the first 90 days of opening your new account. This card earns an unlimited 1.5% cash rewards on every purchase. Plus, every time you redeem, you get a 5% cash rewards redemption bonus to use toward your next redemption. You can redeem your cash rewards for a deposit into a U.S. checking or savings account, a statement credit, or gift cards. Redemptions start at $50. The cash rewards do not expire as long as you keep your account open, active, and in good standing. There is no annual fee.
There is a 0% intro APR for the first 15 months on purchases. Plus, there is a 0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable APR applies, currently 15.74%, 20.74%, or 25.74% depending on your creditworthiness.
Reward Points Deal: Amex EveryDay Credit Card
The Amex EveryDay credit card from American Express (a CreditDonkey advertiser) lets new cardholders earn 10,000 points after using the new card to make $1,000 in purchases within the first 3 months.
Why we like it: We love to see the points rack up, and with this card, if you make 20 or more purchases in a billing period, you will get 20% more points on those purchases (less returns and credits).
But that's not all: You earn 2x points at US supermarkets (on up to $6,000 per year in purchases) and 1x points on other purchases. Terms and limitations apply.
To learn more, read our Amex EveryDay Review or visit American Express' secure website to apply now.
Why you might want to look elsewhere:
- You need excellent credit to qualify for the Amex EveryDay credit card.
- If you don't have excellent credit, but you do have good credit, consider the Chase Freedom.
Do you have excellent credit?:
With the Blue Cash Everyday from American Express (a CreditDonkey advertiser), you can earn $100 back after you spend $1,000 in purchases in the first 3 months from account opening.
What would you do with $100? A new tablet? Some new headphones?
Why we like it: Trips to the supermarket and gas station gets expensive.
With the Blue Cash Everyday, you'll earn 3% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) and 2% cash back at U.S. gas stations.
To learn more, read our Blue Cash Everyday Review or visit American Express' secure website to apply now.
Do you have good credit?:
Chase Freedom lets you earn a $150 Bonus after spending $500 on purchases in your first 3 months from account opening. There is a 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 15.74-24.49%. Balance transfer fee is 5% of the amount transferred, $5 minimum.
This is the fun part: You can earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories every 3 months. Unlimited 1% cash back on all other purchases. The cash back rewards do not expire as long as your card account remains open. There is no annual fee.
HOTEL: HILTON HONORS CARD
Do you like to travel? The Hilton Honors card from American Express (a CreditDonkey advertiser) offers 80,000 bonus points after you use your new card to make $2,000 in purchases within the first 3 months. This limited time offer ends 05/31/2017.
Why we like it: We are big fans of travel credit cards, but they usually come with a hefty annual fee.
The Hilton Honors card is different:
- It has no annual fee and a bonus point offer.
What can you do with Hilton Honors points? You can redeem the points for reward stays, with no blackout dates, at more than 4,200 hotels and resorts worldwide.
How many points do you need for a free night at a standard room? It depends.
- For example: a category 1 hotel costs 5,000 points a night while a category 2 hotel costs 10,000 points a night. Hilton has 10 category levels (with category 10 hotels at 70,000 to 95,000 points a night).
This is tempting … so what is the catch? You need excellent credit to qualify.
To learn more: visit American Express' secure website.
Keep in mind, like most travel credit cards, the Hilton Honors card has a high interest rate. If you always pay off your balance each month, then this card is worth considering. Otherwise, consider a credit card with a low interest rate instead.
Are You a Small Business Owner?
Not a corporation or LLC? If you freelance, consult, or sell stuff online, you are also a business owner. If you operate your business in your own name, you are usually considered a sole proprietor. If you are a sole proprietor, when you apply, you would usually use your Social Security number as your tax ID (unless you have your own employee ID number) and your legal name as your business name (unless you are doing business under a different name).
By using a business credit card, you can help keep your business and personal spending separate.
It's never too late to start saving money…
PS: Some who read this page and realize how lucrative the deals are will take advantage of them immediately. Most will stay in the rut. A few will plan for financial success and stay with it until they get there. Which one are you?
CreditDonkey helps readers make savvy financial decisions (and save money). Terms and limitations apply.
Editorial Note: 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 card issuer. This site may be compensated through the Advertiser's affiliate programs.
Disclaimer: The information for the Chase Freedom has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.