No Annual Fee Credit Cards
If your credit is good enough for approval, a credit card with no annual fees could save you money. On top of charging no annual fee, many of these credit cards offer other perks like rewards programs or cash back on purchases. Keep in mind that these cards will typically require good to excellent credit for approval. These are some of the most popular no annual fee credit cards from Credit Karma's partners.
- Unlimited 1.5% cash back on every purchase – it’s automatic
- Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
- 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.24-23.24%. Balance transfer fee is 5% of the amount transferred, $5 minimum
- Redeem for cash – any amount, anytime
- Cash Back rewards do not expire as long as your account is open
- No annual fee
Pros & Cons
- Unlimited 1.5% cash back on every purchase
- Earn a bonus reward for initial spending
- No annual fee
- Foreign transaction fee
- No 5% cash back in rotating categories
Our Take
Chase Freedom UnlimitedSM offers great cash back rewards with no annual fee.
What to Like
With Chase Freedom UnlimitedSM, cardholders can earn unlimited 1.5% cash back on every single purchase, which is pretty cool. If you spend $500 on purchases in the first 3 months, you can also earn an additional $150 bonus. The rewards never expire as long as your account is open, there’s no annual fee and there’s also a 0% intro APR for 15 months on both purchases and balance transfers.
Look Out For
This card includes a 3% foreign transaction fee. Chase Freedom UnlimitedSM also doesn’t have 5% cash back in rotating categories, which is a feature of the standard Chase Freedom card.
- No annual fee
- $100 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
- Earn 1% cash back on every purchase, 2% at grocery stores and now at wholesale clubs, and 3% on gas up to the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
- No changing categories and no expiration on rewards
- 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 13.24% - 23.24% Variable APR. 3% fee (min $10) applies to balance transfers.
- Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
- If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%.
Pros & Cons
- Cash back bonus for initial spending
- Extra cash back for gas and grocery store purchases
- No annual fee
- Requires good to excellent credit
- Balance transfer and foreign transaction fees
- High penalty APR
Our Take
The BankAmericard Cash Rewards™ credit card is a solid cash back option for people with good to excellent credit.
What to Like
The BankAmericard Cash Rewards™ credit card offers 3% cash back on gas and 2% cash back at grocery stores and now at wholesale clubs for the first $2,500 in combined grocery stores, wholesale club, and gas purchases each quarter. You can earn 1% cash back on all other purchases, and get a $100 cash rewards bonus after $500 in purchases in the first 90 days.
Look Out For
You’ll pay a 3% or $10 fee on any balance transfers whichever is greater, as well as a 3% fee on foreign transactions. If you’re late on a payment, you could be subject to a high penalty APR that may overshadow any rewards earnings.
Additional No Annual Fee Credit Cards
- Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
- 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days - that can be a $200 statement credit toward travel purchases
- Use your card to book your trip how and where you want – you’re not limited to specific websites with blackout dates or restrictions
- Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
- Comes with chip technology for enhanced security and protection at chip-enabled terminals
- 0% Introductory APR for 12 billing cycles for purchases, then 15.24% - 23.24% Variable APR
- Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
- If you’re a Preferred Rewards client, you can increase that bonus to 25% - 75%.
- Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- Balance Transfers do not earn cash back
- 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.24% - 23.24% based on your creditworthiness
- Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
- No categories to track, no caps on cash back, no annual fee*
* See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the provider's website.
† Credit Karma looks at how your credit profile compares to other Credit Karma members who were approved for this product. Of course, there's no such thing as a sure thing, but knowing whether your Approval Odds are Very Good, Good, Fair or Poor may help you narrow down your choices.
‡ Average score refers to the arithmetic mean and typical low score to the 5th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from March 2016 through August 2016. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.