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Best No Annual Fee Credit Cards

Find the right no annual fee credit card for you

We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money.

Credit cards with no annual fee allow you to enjoy all the benefits of a credit card without having to pay for the privilege or justify the recurring expense with whatever rewards you earn through your spending each year. In fact, there are numerous cards that earn cash back, points, or miles without the burden of an annual fee. A no annual fee card can be an excellent option for people who don’t spend a lot with their credit cards as well as for seasoned rewards strategists who seek to maximize their earnings.

This list catalogs our top-rated no annual fee cards across a number of categories. Many of these credit cards also offer generous welcome bonuses and 0% APR promotions on purchases, balance transfers, or both. Just because you aren't paying an annual fee doesn't mean that you have to settle for a bare-bones credit card. Here are our picks for the best no annual fee credit cards.

Best No Annual Fee Credit Cards for November 2021

Best Overall, Best for Cash Back : Capital One Quicksilver Cash Rewards Credit Card


Ratings as a No Annual Fee Card
5.0
Capital One Quicksilver Cash Rewards Credit Card
Current Offer

Earn $200 cash bonus once you spend $500 on purchases within 3 months from account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 14.99% - 24.99% variable
Annual Fee $0
Rewards Earning Rate 1.5% cash back on every purchase, every day.
INTRO PURCHASE APR 0% for 15 Months
INTRO BALANCE TRANSFER APR 0% for 15 Months
Balance Transfer Fee 3% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you. None for balances transferred at the Transfer APR.
Foreign transaction fee (%) 0%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

Capital One's Quicksilver Cash Rewards Credit Card is our choice for the best overall no annual fee credit card and best cash back card. Quicksilver Rewards provides the opportunity to earn unlimited cash back on all purchases, offers an introductory APR on new purchases, and generally has low fees. It also waives all foreign transaction fees, which is a rarity among cash back credit cards and makes this a good card for international travel.

Pros & Cons
Pros
  • Simple rewards program with a solid return

  • No annual or foreign transaction fees

  • No penalty APR

Cons
  • No bonus rewards rates

  • One-time bonus is relatively modest

  • APR can be comparatively high

Best for Dining : Capital One SavorOne Cash Rewards Credit Card


Ratings as a No Annual Fee Card
5.0
Capital One SavorOne Cash Rewards Credit Card
Current Offer

Earn $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 14.99% - 24.99% variable
Annual Fee $0
Rewards Earning Rate Earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023.
INTRO PURCHASE APR 0% for 15 Months
INTRO BALANCE TRANSFER APR 0% for 15 Months
Balance Transfer Fee 3% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you. None for balances transferred at the Transfer APR.
Foreign transaction fee (%) 0%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

The Capital One SavorOne Cash Rewards Credit Card is our choice for the best no annual fee card option for those seeking to maximize dining rewards, as SavorOne allows you to earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023.

Pros & Cons
Pros
  • Generous cash rewards on dining and entertainment

  • Doesn’t impose some frequent fees

  • Introductory APR promotion for 15 months

Cons
  • Small introductory cash bonus

  • Excellent credit recommended

Best for First-Year Cash Back : Chase Freedom Unlimited


Ratings as a No Annual Fee Card
4.3
Chase Freedom Unlimited®
Current Offer

$200 cash back after you spend $500 on purchases in your first 3 months from account opening.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 14.99% - 23.74% variable
Annual Fee $0
Rewards Earning Rate Earn 5% cash back on grocery store purchases (not including Target(R) or Walmart(R) purchases) on up to $12,000 spent in the first year. Earn 5% on Chase travel purchased through Ultimate Rewards(R), 3% on dining and drugstores, and 1.5% on all other purchases.
INTRO PURCHASE APR 0% for 15 Months
Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.
Foreign transaction fee (%) 3%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

The winner for the best first-year cash back is the Chase Freedom Unlimited because of its bonus categories and unlimited 1.5% cash back on all other purchases. You can earn 5% cash back when booking travel through Chase, 5% cash back on Lyft rides through March 2022, and 3% on dining and drugstore purchases. A one-time bonus of $500 is available when you spend $500 within three months of opening your account, and there's an introductory 0% APR promotion for 15 months on purchases.

Pros & Cons
Pros
  • Excellent bonus earning opportunities

  • Flat rewards at a decent rate

  • Decent introductory APR offer

  • Flexible redemption options

Cons
  • Other cards offer higher flat rewards rates on all purchases

Best for Travel : Bank of America Travel Rewards Credit Card


Ratings as a No Annual Fee Card
4.2
Bank of America Travel Rewards Credit Card
Current Offer

25,000 bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening - which can be redeemed for a $250 statement credit toward travel purchases.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere.
INTRO PURCHASE APR 0% for 12 Statement Closing Dates
Balance Transfer Fee Either $10 or 3% of the amount of each transfer, whichever is greater.
Foreign transaction fee (%) 0%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

The Bank of America Travel Rewards Credit Card came out on top as the best travel card option with no annual fee because of its strong bonus rewards on all spending regardless of category. The Travel Rewards card charges no foreign transaction fees, which is a compelling feature for the globetrotters out there. A 0% APR introductory offer provides no-interest financing on purchases for the first 12 billing cycles that the account is open.

Pros & Cons
Pros
  • Earn points on every purchase, with no spending caps

  • No annual or foreign transaction fees

  • High-net-worth Bank of America and Merrill customers receive points bonuses

Cons
  • Rewards rates are relatively modest

  • Reward points can't be transferred

  • Premium travel benefits aren't included

Best for Students : Bank of America Travel Rewards for Students


Ratings as a No Annual Fee Card
4.2
Bank of America® Travel Rewards for Students
Current Offer

25,000 bonus points if you make at least $1,000 in purchases in the first 90 days of your account opening - which can be redeemed for a $250 statement credit toward travel purchases.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
Rewards Earning Rate Earn unlimited 1.5 points for every $1 you spend on all purchases everywhere.
INTRO PURCHASE APR 0% for 12 Billing Cycles
Balance Transfer Fee Either $10 or 3% of the amount of each transaction, whichever is greater.
Foreign transaction fee (%) 0%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

Our choice for the best student no annual fee credit card is the Bank of America Travel Rewards for Students because of its earning power and 0% APR on purchases. Students can earn an unlimited 1.5x points on every purchase with no expiration of points. For the first 12 billing cycles, new cardholders can take advantage of the 0% APR on purchases to avoid paying interest while paying off their charges. The card has no annual fee and does not charge foreign transaction fees, so it can be used everywhere to earn rewards.

Pros & Cons
Pros
  • Decent (1.5 points per dollar spent) travel rewards earnings, and no tiers to manage

  • Pay off purchases for 12 months with no interest

  • Friendly to foreign travel

Cons
  • Rewards aren't transferable

  • No 0% APR balance transfer offer

  • Relatively high spending for students required for the introductory one-time bonus

Best for Highest Ongoing Earnings : Citi Double Cash Card


Ratings as a No Annual Fee Card
4.1
Citi® Double Cash Card
Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 13.99% - 23.99% variable
Annual Fee $0
Rewards Earning Rate Earn 2% unlimited cash back on every purchase you make: 1% when you buy plus 1% as you pay.
INTRO BALANCE TRANSFER APR 0% for 18 Months
Balance Transfer Fee Either $5 or 3% of the amount of each transfer, whichever is greater.
Foreign transaction fee (%) 3%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

The Citi Double Cash Card earns an unlimited 2% cash back on every purchase, which makes it our choice for the best no annual fee card with the highest ongoing earnings. The double cash back is 1% when you make a purchase plus 1% for every payment toward your balance. There are no spending categories, rewards caps, or annual fees. While it doesn't offer a welcome bonus, it does have one of the longest 0% APR transfer promotions on this list—18 months of no-interest financing on balance transfers.

Pros & Cons
Pros
  • Ability to earn an outstanding 2% cash back rewards on unlimited purchases

  • Generous introductory APR on balance transfers

  • Cash back can convert into ThankYou Points for additional value

Cons
  • No one-time bonus

  • $25 minimum for cash back redemption

  • Must pay balances to earn full 2% cash back rewards

Best for Airlines : United Gateway Card


Ratings as a No Annual Fee Card
4.0
United Gateway℠ Card
Current Offer

Earn 15,000 bonus miles after you spend $1,000 on purchases in the first 3 months your account is open.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 16.49% - 23.49% variable
Annual Fee $0
Rewards Earning Rate Earn 3x miles on groceries per $1 spent on grocery store purchases up to $15,000 in the first 12 months your account is open. Earn 2 miles for each $1 spent on purchases from United, including tickets, Economy Plus®, inflight food, beverages and Wi-Fi, baggage service charges and other United fees. Earn 2 miles for each $1 spent at gas stations. Earn 2 miles for each $1 spent on local transit and commuting, including ride share services, taxicabs, train tickets, tolls, and mass transit. Earn 1 mile for each $1 spent on all other purchases.
Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.
Foreign transaction fee (%) 0%
  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

Our choice for the best airline credit card with no annual fee is the United Gateway Card. It earns 2x miles per dollar on purchases from United Airlines, gas stations, local transit and commuting, rideshare services, taxis, train tickets, tolls, and mass transit. Earn 3x miles on groceries per $1 spent on grocery store purchases up to $15,000 in the first 12 months your account is open. All other purchases earn 1x miles per dollar, which is still a strong value with United miles worth an average of 1.3 cents each.

Pros & Cons
Pros
  • Good mileage earning on United with no annual fee

  • Strong earnings on other travel spending

Cons
  • Doesn’t earn elite status on United

  • No free checked bag or upgrade privileges with card

Best for Hotels : Hilton Honors American Express Card


Ratings as a No Annual Fee Card
3.9
Hilton Honors American Express Card
Current Offer

Earn 80,000 Bonus Points after you spend $1,000 in purchases on the Hilton Honors American Express Card in the first 3 months of Card Membership. Plus, you can earn an additional 50,000 Points after you spend a total of $5,000 in purchases on the Card in the first 6 months.

Recommended Credit
Score Our recommended ranges are based off of the FICO® Score 8 credit-scoring model. Credit score is one of the many factors lenders review in considering your application.
350 579
580 669
670 739
740 799
800 850
Good - Excellent
Regular APR (%) 15.74% - 24.74% variable
Annual Fee $0
Rewards Earning Rate 7 points per $1 for eligible Hilton purchases. 5 points per $1 for eligible purchases at U.S. restaurants, U.S. supermarkets, and U.S. gas stations. 3 points per $1 for all other eligible purchases.
Foreign transaction fee (%) 0%

See rates and fees

  • Why We Chose This Card
  • Pros & Cons
Why We Chose This Card

The Hilton Honors American Express is our choice for the best no annual fee hotel card because of the value of Hilton rewards points and the ability to earn substantial rewards, with bonus points for Hilton stays and on popular spending categories like restaurants, gas, and groceries. Hilton also offers one of the largest hotel chain footprints, making it a practical choice for those seeking to earn and redeem points for future hotel stays.

Pros & Cons
Pros
  • Rewards are competitive

  • Easy to stack rewards as a Hilton Honors loyalty program member

  • Fast track your way to Hilton Honors Gold status

Cons
  • Short on premium travel perks

  • No introductory APR for purchases or balance transfers

Final Verdict

Many people prefer credit cards with no annual fee because they want to avoid paying fees to a bank. There are numerous options available that earn cash back, miles, and points or offer attractive benefits even without paying a fee. Our choice for the best no annual fee credit card is the Capital One Quicksilver Cash Rewards Credit Card. It earns an unlimited 1.5% cash back on every purchase without having to remember category bonuses or register for promotions. Plus, when you open your account, you can earn a $200 welcome bonus after spending just $500 within three months of account opening and take advantage of a 0% APR promotion on purchases for 15 months.

Compare the Best No Annual Fee Credit Cards

Credit Card Intro Offer Rewards Regular APR
Capital One Quicksilver Cash Rewards Credit Card
Best Overall, Best for Cash Back
Earn $200 cash bonus once you spend $500 on purchases within 3 months from account opening. Unlimited 1.5% cash back 14.99%-24.99%
Capital One SavorOne Cash Rewards Credit Card
Best for Dining 
Earn $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening Earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023. 14.99%-24.99% 
Chase Freedom Unlimited
Best for First-Year Cash Back 
$200 after $500 in 3 months 0% APR for 15 months on purchases 5% cash back on grocery purchases up to $12,000 for the first year 5% travel through Chase 3% dining & drugstores 1.5% all else  14.99% to 23.74% 
Bank of America Travel Rewards Credit Card
Best for Travel 
25,000 points after $1,000 in 90 days 0% APR for 12 billing cycles on purchases Unlimited 1.5x points 13.99% to 23.99% 
Bank of America Travel Rewards for Students
Best for Students 
25,000 points after $1,000 in 90 days 0% APR for 12 billing cycles on purchases Unlimited 1.5x points  13.99% to 23.99% 
Citi Double Cash Card
Best for Highest Ongoing Earnings 
0% APR for 18 months on balance transfers Unlimited 2% cash back  13.99% to 23.99% 
United Gateway Card
Best for Airlines 
30,000 miles after $1,000 in 3 months  3x miles groceries for a limited time Unlimited 2x miles on United, gas, transit 1x miles all else  16.49% to 23.49% 
Hilton Honors American Express Card
Best for Hotels 
Earn 80,000 Bonus Points after you spend $1,000 in purchases on the Hilton Honors American Express Card in the first 3 months of Card Membership. Plus, you can earn an additional 50,000 Points after you spend a total of $5,000 in purchases on the Card in the first 6 months Unlimited 7x at Hilton Unlimited 5x at U.S. restaurants, supermarkets, gas stations 3x all else 15.74% to 24.74%

Editorial Picks for Best No Annual Fee Credit Cards

Capital One Quicksilver Cash Rewards Credit Card

Best Overall, Best for Cash Back

Earn an unlimited 1.5% cash back on every purchase with no caps. Offers a 0% APR promotion on purchases for 15 months.

Read the full Capital One Quicksilver Cash Rewards Credit Card Review.

Capital One SavorOne Cash Rewards Credit Card

Best for Dining

Earn 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through January 2023.

Read the full Capital One SavorOne Cash Rewards Credit Card.

Chase Freedom Unlimited

Best for First-Year Cash Back

Earn 5% cash back on travel purchased through Chase, 3% on dining and drugstore purchases, and 1.5% on everything else. Purchases enjoy a 0% APR for the first 15 months after the account is opened.

Read the full Chase Freedom Unlimited Review.

Bank of America Travel Rewards Credit Card

Best for Travel

All purchases receive 1.5x points for every dollar spent with no caps. Receive up to 75% more points based on your banking and investment balances.

Read the full Bank of America Travel Rewards Credit Card Review.

Bank of America Travel Rewards for Students

Best for Students

Students can build their credit history with a card that matches the best features of the standard version of this card. Use the 0% APR to receive interest-free financing on purchases for 12 months.

Read the full Bank of America Travel Rewards for Students Review.

Citi Double Cash Card

Best for Highest Ongoing Earnings

Receive double cash back on your purchases—1% when you make a purchase plus 1% when you make a payment. Convert rewards into ThankYou Points to take advantage of Citi's airline and hotel transfer partners.

Read the full Citi Double Cash Card Review.

United Gateway Card

Best for Airlines

Good card to earn airline miles on purchases when you don't need the checked bag and priority boarding benefits of the United Explorer Card. The primary cardholder has expanded award availability when using miles to book flights on United with no restrictions or blackout dates.

Read the full United Gateway Card Review.

Hilton Honors American Express Card

Best for Hotels

Cardholders receive automatic Hilton Honors Silver status and the ability to upgrade to Gold status based on spending. Earns 7x points per dollar at Hilton, 5x points at U.S. restaurants and grocery stores, and 3x points everywhere else.

Read the full Hilton Honors American Express Card Review.

Types of No Annual Fee Cards

There are many types of no annual fee credit cards available for consumers and small businesses to choose from, depending on what is most important to them. You can find no annual fee cards in the following categories:

  • Cash back credit cards
  • Rewards credit cards
  • Student credit cards
  • Small business credit cards
  • Secured credit cards
  • Airline, hotel, and co-branded credit cards
  • 0% APR promotion cards

Credit cards with an annual fee typically offer higher rewards on spending and additional benefits than those with no annual fee. We suggest that you consider how much you'll realistically spend on the card and how often you'll use the benefits to determine whether or not paying the annual fee is worth it for you.

Pros and Cons of No Annual Fee Credit Cards

Pros
  • Inexpensive to carry (assuming no other fees or interest are incurred)

  • Often provide cash back, points, and miles-based rewards

  • May have introductory APR offers on purchases and balance transfers

  • No need to generate enough rewards to justify an annual fee

Cons
  • Smaller introductory bonuses, if any, compared with more lucrative rewards cards that charge annual fees

  • Fewer features and insurance coverages vs. premium cards

  • Can easily become inactive if not used

What Is an Annual Fee?

An annual fee is a fee imposed by some credit card issuers on their cardholders each year. This fee, sometimes called an annual membership fee, is similar to the membership fee you might pay for an Amazon Prime account or a Costco wholesale club membership and is designed to offset some or all of the costs that the card issuer incurs in providing the card to consumers. In decades past, banks often charged modest annual fees as a matter of course on many of their products, but competitive pressures ushered in no annual fee offers as a marketing incentive. 

No annual fee credit card offers then became the standard due to competitive pressures, except in cases of unusually lucrative rewards programs, large upfront bonuses, or for cards aimed at people with impaired credit (in which case the fee helps offset the increased losses typically associated with subprime lending).  

What Is an Average Annual Fee for a Credit Card?

For cards that charge them, annual fees can range from as low as $25 up to an eye-popping $550 for ultra premium cards like The Platinum Card from American Express. Many popular general travel cards and most co-branded airline and hotel rewards credit cards charge annual fees, but these tend to be under $100 per year and are sometimes waived for the first year. However, there are still many travel and even co-branded no annual fee options available, allowing you to avoid this expense entirely, though with diminished rewards.

What Does No Annual Fee Mean?

No annual fee means that the bank does not charge a fee each year for being a cardholder. While some credit cards charge an annual fee to receive additional rewards on purchases, benefits, or exclusive perks, many no annual fee credit cards offer valuable rewards and features that are very competitive.

How Do You Choose a No Annual Fee Credit Card?

Choosing a credit card with no annual fee starts with deciding whether you are truly averse to an annual fee for any of the reasons mentioned above. Then it becomes a question of which type of no annual fee card is right for you. 

For example, a no annual fee card that offers a 0% introductory APR on purchases and balance transfers for a year or more can be a good choice for anyone with existing high-interest credit card debt.

For people who want rewards (either from a single card or in conjunction with another card), it’s useful to analyze your spending patterns. There are numerous no annual fee cards that provide bonus earnings for everyday spending categories like groceries, gasoline, drugstores, or monthly streaming services. Or, if you simply find the whole rewards earning and tracking game a bore, then a card that pays a flat percentage in cash back, points, or miles could be a better bet. 

If you are willing to play the game, however, there are no annual fee credit cards that offer compelling bonus cash back percentages (up to a quarterly or annual cap on eligible spending in fixed or rotating purchase categories). They can be lucrative, but they may require jumping through some hoops in terms of staying informed and registering on the issuer’s website.  

Another consideration is the process for redeeming rewards. Few, if any, cards provide automatic redemption, but cash back cards offer the simplest and most straightforward options, such as a statement credit, check, bank deposit, or gift card. The rewards on points and miles cards must usually be redeemed online for travel, merchandise, or gift cards through a special rewards portal and can be less transparent in terms of redemption value. 

To decide which no annual fee credit card best suits your needs, we invite you to read our extensive and objective product reviews and consider how each card stacks up relative to other cards in their respective category in terms of fees, interest rates, rewards, customer service/security, and benefits.  

Who Is a No Annual Fee Card Right For?

No annual fee credit cards are best suited for those who are averse to paying fees for one of several reasons—they can’t afford them, can’t justify them due to low spending/low rewards earnings, or simply because they don’t feel that they should have to pay to use a credit card, even one with rewards.

For people who can’t afford the fee because they are on a limited budget or are paying down outstanding balances, avoiding an annual fee can certainly make sense. People who want to earn cash back, points, or miles but aren’t sure they’ll earn enough throughout the year to justify the fee may also opt for no annual fee cards. These types of cards, when they offer 1.5% cash back on all purchases or extra points/miles for certain categories of spending, can be an excellent, low-maintenance back-up card to use in combination with another rewards card that carries an annual fee but offers more generous rewards in other categories.   

While the majority of no annual fee credit cards is reserved for people with good to excellent credit scores, there are some options for those with less-than-stellar credit or no credit history at all. These include certain secured credit cards (which require a security deposit) and several non-secured cards from a few national issuers that specialize in non-prime consumers.  

What Credit Score Is Needed for a No Annual Fee Credit Card?

The credit score required to be approved for a no annual fee credit card varies based on which bank is issuing the card and which card you are applying for. Many banks offer multiple no annual fee credit cards to meet the needs of a variety of customer profiles.

Each of the credit cards on this list recommends a good credit score of at least 670 when applying. If your credit score is considered bad or fair, there are competitive options for credit cards that build credit, and some do not have annual fees. As your credit score improves, you can always apply for one of these no annual fee credit cards.

Methodology

To select our choices for the best no annual fee credit cards, we gathered numerous data points on every no-fee card available. These data points included annual fees, interest rates, rewards, welcome bonuses, benefits, 0% APR promotions, and more. Each data point is assigned a score that allows us to compare each card for a variety of customer types. The cards with the highest scores are chosen as the winners for each category. We continuously monitor data from card issuers to update our ratings and rankings to ensure that we provide readers with our best recommendations.

MEET OUR CREDIT CARDS EXPERT

Ben Woolsey is Investopedia's Associate Editorial Director of financial products and services, including credit cards. He has more than 30 years of experience in the financial services industry, including marketing for banking and financial institutions such as Associates First Capital and Bank One. Prior to Investopedia, he managed credit card content for CreditCards.com and Bankrate.com.