10 Best Rewards Credit Cards With No Annual Fee in 2022

If you are a light spender, you may search for the best rewards credit cards with no annual fee since paying yearly fees can be annoying. However, credit cards with annual fees can be worthy, adding additional features. Putting up with no annual fee credit cards, we have evaluated multiple credit card alternatives.

People who feel it is inconvenient to pay fees for card maintenance at a specific period of each year may prefer credit cards with no annual fee. Several credit cards with no annual fee offer zero intro APR and other premium privileges.

We have included ten best rewards credit cards with no annual fee for Bonus cashback, Flat-rate cash back, hotel & dining rewards, Travel rewards, and other facilities. Hence, we discuss the all-important terms and conditions below.

Quick Look of The 10 Best Rewards Credit Cards With No Annual Fee

1. Capital One Savor Rewards Card (Best For Dining & Hotel)
(Annual Fee: 0 dollars, Intro APR: 0% APR for the first 15 months, Regular APR: 14.99% to 24.99% Variable APR.)

2. Chase Freedom Flex Credit Card (Best For Reward Category)
(Annual Fee: 0 dollars, Intro APR: 0% intro APR for first 15 months, Regular APR: 14.99% to 23.74% Variable APR.)

3. Wells Fargo Active Cash Credit Card (Best For Flat-rate cashback)
(Annual Fee: 0 dollars, Intro APR: 0% intro APR for 15 months from account opening, Regular APR: 14.99% to 24.99% Variable APR).

4. Capital One Venture Mile Rewards Card (Best For Travel)
(Annual Fee: 0 dollars, Intro APR: 0% APR on purchases & balance transfers for first 15 months, Regular APR: 14.99% to 24.99% variable APR).

5. American Express Blue Cash Preferred (Best For Families)
(Annual Fee: 0 dollars for 12 months, then 95 dollars per year, Intro APR: 0% for the first 15 months from the date of account opening, Regular APR: Regularly charges 13.99% to 23.99% Variable APR).

6. Capital One Quicksilver Rewards Card (Best For Cash Back)
(Annual Fee: 0 dollars, Intro APR: 0% intro APR on purchases & balance transfers for 15 months, Regular APR: 14.99% to 24.99% variable APR.)

7. Citi Custom Cash Card (Best For Automatic bonus)
(Annual Fee: 0 dollars, Intro APR: 0% on purchases & balance transfers for first 15 months, Regular APR: 13.99% to 23.99% variable APR.)

8. Discover It Cash Back (Best For Bonus Categories)
(Annual Fee: 0 dollars, Intro APR: 0% for first 15 months on purchases and balance transfers, Regular APR: 11.99% to 22.99% Variable APR regularly.)

9. Ink Business Cash Credit Card (Best For Small Business)
(Annual Fee: 0 dollars, Intro APR: 0% APR on Purchases for first 12 months, Regular APR: Charge 13.24% to 19.24% Variable APR on regular basis.)

10. Wells Fargo Reflect Card (Best For Intro APR)
(Annual Fee: 0 dollars, Intro APR: 0% intro APR for up to 21 months from account opening, Regular APR: 12.99% to 24.99% Variable APR.)

10 Best Rewards Credit Cards With No Annual Fee 2022

Rewards credit cards with no annual fees are great for users who want to get more after each purchase and spending. There are several credit card providers available who come with no annual fee credit cards, but all are not the same in terms of services, terms, and offerings.

We have picked the best ones regarding fundamental factors like annual fees, monthly APRs(Annual Percentage Rates), maintenance costs, regular APRs, intro offers, purchase & spending bonuses, customer services, ease of usage, and other facts. Let’s discuss them in a detailed explanation!

1. Capital One Savor Rewards Card

Best Rewards Credit Cards With No Annual Fee - Capital One Savor Rewards CardCapital One is a banking service provider mainly operated by Capital One bank and holding services in Virginia, United States. Capital One also has a comprehensive range of credit cards in multiple niches.

Capital One Savor Rewards Card is the best rewards credit card with no annual fee. To apply for this credit card, you must have an excellent credit score or credit history to apply for this credit card.

If you are such a couple who wants to go out frequently, you can choose the Savor One Rewards card from Capital One. They provide huge benefits to dinings, restaurants, and the comprehensive entertainment sectors.

They include movie theaters, zoos, plays, sporting events, concerts, theme parks, dance clubs, tourist attractions, etc.

Advantages Of Capital One Savor Rewards Card

  • You don’t need to pay any foreign transaction fees for transactions outside the United States.
  • For the first 15 months, they charge 0 percent APR on balance transfers and other purchases.
  • You can get up to 3% cashback on grocery stores’ selected dining, streaming, and entertainment services.
  • They also offer up to 1% cashback on any other purchases.
  • Capital One rewards card requires 0 dollars annual fee for card functionality.
  • Includes 24-hour Travel aid Services with Travel Accident Insurance
  • Get a one-time bonus of 200 dollars on total purchases of 500 dollars within the first three months
  • They charge a variable APR of 15.99, 20.99, or 23.99 percent based on your creditworthiness.

Capital One Savor and Savor One credit cards require no transaction fees, and they apply just 95 dollars as annual fees for the first year. For balance transfers, you need to pay 3% fees, and they also charge 10 dollars or 3% of the amount as a cash advance fee. For late payment or as a penalty fee, they charge up to 40 dollars. Learn more benefits about Capital One credit cards.

2. Chase Freedom Flex Credit Card

Chase Freedom Credit CardChase is a credit card service provider which is mainly operated by the Chase Bank, headquartered in New York.

Chase also has Mobile banking and other banking services, including credit cards. You can check the wide range of credit cards from Chase’s credit card service.

Chase Freedom Flex Credit Card is a great Rewards credit card with no annual fees for Cash Back Rewards & Benefits.

It is excellent if you want to stack reward points while keeping your everyday household tasks running. Especially on grocery purchases, you can get more rewards combined with your partner.

Advantages of Chase Freedom Flex Credit Card

  • Regardless of the new or the existing customer, they require 0 dollars annual fee for card functionality
  • Get up to 1% cashback on everything
  • 3% cashback on dining, takeout drugstore, and other delivery services
  • 5% cashback on travel tickets booked by Chase Ultimate Rewards card
  • For the first 15 months, they charge 0 percent APR on balance transfers and other purchases.
  • Get a 200 dollars bonus for spending more than 500 dollars within the first three months
  • 5% cashback on combined purchases of up to 1500 dollars
  • You can get up to 60000 bonus points on purchases over 4000 dollars within the first three months.

However, you can also visit this page to comprehend more about the pricing and terms of Chase credit cards. The application process for the Chase Freedom Flex credit card is pretty much straightforward.

You can sign up for applying faster or apply as a guest. Chase also has a 1:1 point transfer for travels with their Airline traveling and Hotel Travel partners.

3. Wells Fargo Active Cash Credit Card

Best Rewards Credit Cards With No Annual Fee - Wells Fargo Active Cash CardWells Fargo is a renowned financing and banking corporation in the United States, headquartered in San Francisco, California. They have a comprehensive section of credit cards- Active Cash, Reflect, Hotels.com Rewards Visa, etc.

Reflect card is best for the lowest APR, and Hotels Rewards Visa is best for booking hotels and traveling. For this card, a good-excellent credit score is recommended(690 to 850)

If you want one of the best rewards credit cards with no annual fee for flat-rate cashback bonuses, you can choose the Wells Fargo Active Cash credit card.

It doesn’t matter which category you are spending in; it is excellent for couples who use reloadable prepaid cards with no fees for everyday spending. They provide an overwhelming sign-up bonus, including a flat rate of rewards for the initial 0% APR timeframe.

Advantages of Wells Fargo Active Cash Credit Card

  • They offer up to 600 dollars cell phone protection for damages or theft
  • Wells Fargo has contactless checkout options for quick transfers
  • Get up to 2 percent cash back rewards for any purchases on any criteria.
  • They require a 0 dollars annual fee for card functionality.
  • Charge 0 percent APR on balance transfers and other purchases for the first 15 months
  • Get 200 dollars to cashback benefits if you spend a minimum of 1000 dollars within the first three months.
  • Through the Wells Fargo Mobile App, you can quickly pay credit card bills and check account activity.
  • With Zero Liability protection, you don’t have to stay responsible for unauthorized transactions.

You can redeem the bonuses and reward points through Paypal services. Apply for Wells Fargo Active Cash reward cards and get exceptional privileges.

They will send the redeem options of reward purchases to your account in as little as 1 dollar. Wells Fargo ATM offers up to 20 dollars increments redeem. You can also withdraw the reward points through gift cards in 25 dollars increments.

4. Capital One Venture Miles Rewards Card

Capital One Venture Miles Rewards CardCapital One is a banking service provider primarily conducted by Capital One bank and holding services in Virginia, United States. Capital One also has a broad collection of credit cards in multiple categories. Capital One Venture Miles Rewards Card is one of the best credit cards with no annual fees for travel and related roaming expenses.

Couples who want greater rewards can switch to Capital One Venture Miles credit cards. Each mile is worth 1.4 cents, and when you get doubled mile rewards, the return amount will be about 2.8 percent per hundred for each purchase.

To apply for Venture Miles Credit Card, you need to hold an excellent credit score or credit history ranging from 690 to 850.

Advantages of Capital One Venture Miles Reward Card

  • Get up to 60000 miles for a minimum purchase of 3000 dollars within the first three months.
  • Gives 2 points on each dollar spent in any categories
  • Get 5 points per dollar spent on hotels and rental cars booked by Capital One Travel
  • They require an annual fee of 95 dollars
  • Each purchase requires a variable APR of about 15.99 to 23.99 percent.
  • Includes 24-hour Travel aid Services with Travel Accident Insurance
  • Get unlimited double Capital One miles on purchases over 100 dollars in Global Entry or TSA Precheck credit applications
  • You don’t need to pay any foreign transaction fees for transactions outside the USA

With their auto-set alert for best price travel books, you can know when to book tickets with about 95% accuracy.

For balance transfers, you need to pay 3% fees, and they also charge 10 dollars or 3% of the amount as a cash advance fee. For late payment or as a penalty fee, they charge up to 40 dollars. Learn more benefits about Capital One credit cards.

5. American Express Blue Cash Preferred

Best Rewards Credit Cards With No Annual Fee - American Express Blue Cash PreferredAmerican Express is a renowned name in the world of credit cards and money transfers. They provide a vast range of credit cards with comprehensive benefits, including the best cash back credit cards no annual fee.

They have three Blue Cash credit card options- Blue Cash Magnet, Blue Cash every day, and Blue Cash Preferred.

The Blue Cash Preferred is the best joint credit card for couples who want to pay less and save more. Depending on your credit profile and other essential details, you can check which Blue Cash card you are eligible for through the pre-qualification process. Within 30 seconds, you can check if you are pre-qualified for their credit card offers or not.

Advantages Of American Express Blue Cash Preferred

  • Requires no annual fees for the first year and then charges 95 dollars
  • Grab to 300 dollars back on purchases over 3000 dollars within the first three months
  • Offers a reduced intro APR buy now pay later plans
  • 6% cashback on groceries, streaming subscriptions, and supermarkets
  • 3% cashback on gas stations, rideshares, transits, including taxis, rideshare, parking, tolls, trains, buses, and more.
  • Get an average of 1 percent cash back on all other purchase categories
  • Annually you can get up to 120 dollars cashback on all Equinox purchases(10 dollars as monthly credits)
  • Provides car rental loss & damage insurances, with 24/7 Global assist hotlines when you go more than 100 miles
  • Get shopping return protection for up to 300 dollars per item, up to a maximum of 1,000 dollars per calendar year

You can easily apply for the Blue Cash credit card by American Express within minutes. For application, they will require your full name, card name, email, Date of Birth, mobile phone number, home address, social security number, etc. You should provide your total annual and non-taxable income, including the income source.

They will provide Cashback offers in Reward Dollars that you can redeem as a statement credit for later usage. It is best for couples who want to abide at home instead of traveling. A great one for getting benefits on Streaming services, gas stations, groceries, and supermarkets.

6. Capital One Quicksilver Rewards Card

Capital One Quicksilver Rewards CardCapital One has both secured and unsecured credit cards for the second chance cardholders. However, as the title speaks, here we’ll discuss the unsecured credit cards of Capital One that require no deposit.

Capital One-second chance credit cards are not basically great for re-establishing your credit score. New customers can get best rewards credit card no fee up to a 0% intro APR applied for up to the first 9 months after activation.

You can easily go for the Capital One credit cards if you have fair or average credit. Their QuickSilver is a great one for applicants with a fair credit score.

It has thousands of positive customer opinions that make it a solid one to stand at the top spot. With the Capital One Quicksilver credit card, you can get cash rewards, which will allow you to restore your credit history without any security pledges.

Advantages of Capital One QuickSilver Card

  • Each day you can get 1.5 percent cash back on every purchase.
  • It costs about 39 dollars per year as an annual fee for card renew
  • For purchases, they will charge up to 22.99 percent APR which is variable
  • With the Fraud Coverage, you can get up to 0 dollars Fraud Liability for any fraudulent purchases
  • You can easily monitor your credit scores with the credit Wise tool to help you out

After the nine months of initial activation, you will be charged the variable 22.99 percent APR for each purchase. The Capital one credit cards come with many benefits.

Let’s discuss the benefits of Capital One Credit Cards! You can qualify for a Capital One Second Chance Credit card even if you have any previous credit issues or bad credits.

With their 39 dollars annual renewal fee, they also require 3% of your total transaction amount as a transaction fee. As a penalty or late payment fee, Capital One charges up to 40 dollars based on the creditworthiness of the user.

For both cash advances, purchases & transactions, they charge 26.99% APR(Annual Percentage Rate) based on the Prime market rate.

7. Citi Custom Cash Card

Best Rewards Credit Cards With No Annual Fee - Citi Custom Cash CardIf you are looking for one of the best rewards credit cards with no annual fees, then Citi bank’s Citi Custom Cash card can be an ideal pick. It comes with the highest 5% cashback categories in almost every spending and purchase.

When you sign up for their service as a new user, you can get the zero intro APR benefit for up to the first 15 months.

Are you pretty much hesitant to find out credit cards with few cashback categories? Then Citi Custom Cash Card can be a lucrative solution to your quest.

From these credit cards with no annual fee and cash back, you will automatically get a bonus or reward cash backs in your top spending categories every month. Moreover, you don’t have to use it strategically to enhance the reward points and cashback bonuses.

Advantages Of Citi Custom Cash Card

  • For the first 15 months, they charge 0 percent APR on balance transfers and other purchases.
  • You can get up to 5% cashback on grocery stores’ selected dining, streaming, and entertainment services.
  • They also offer up to 1% cashback on any other purchases.
  • Citi Custom Cash rewards card requires 0 dollars annual fee for card functionality.
  • They come with single tap contactless card payment options within seconds through the card.
  • With the digital wallet, you can shop with confidence from millions of online platforms and choose your payment due date easily.
  • For stress-free usage, they include an automatic account alert system for balance levels, payments due, or your credit limit.
  • Includes 0 dollars liability on all the unauthorized charges for keeping you completely safe
  • Get free access to your FICO scores anytime, anywhere, which will also don’t impact your credit score.

After the first three months of account opening, if you spend $750, you can get 200 dollars cash back. With the protective chain system of Citibank, you don’t have to worry about your card, even if it is misplaced.

With the Citi Quick Lock service, you can instantly lock your credit card when it is misplaced or lost. It also includes Fraud Early warning, which monitors accounts for any suspicious activities.

8. Discover It Cash Back

Discover It Cash BackLooking for rewards credit cards with no annual fee for everyday usage? If so, then you can use the Discover IT cash back credit card, which includes maximum returns with flat-rate rewards on everyday spending.

It is great for the bonus spending category, which has historically added famous everyday spending areas such as gas stations, hotels, travels, restaurants, gas stations, etc.

If you are a fan of styles, then you can choose Discover credit cards with more than 25 styles. Discover cards come with the most protected platform, which provides triple layers of protection for the users.

You can add your social security number for activation alters. With the lock protection, you can turn your account off or freeze it anytime you suspect any displacement of the card.

Advantages of Discover It Cash Card

  • With Cashback Match, get an unlimited dollar-for-dollar match of all the cashback you’ve earned at the end of your first year, automatically.
  • Get up to 1% cashback on everything, 3% cashback on dining, takeout drugstore, and other delivery services.
  • 5% cashback on travel tickets booked by Chase Ultimate Rewards card
  • For the first 15 months, they charge 0 percent APR on balance transfers and other purchases.
  • Get a 200 dollars bonus for spending more than 500 dollars within the first three months.
  • 5% cashback on combined purchases of up to 1500 dollars
  • Get free access to your FICO scores anytime, anywhere, which will also don’t impact your credit score.
  • They charge from 11.99% to 22.99% Standard Variable Purchase APR regularly.

From 10 May 2022, the 0% intro offer for the first 15 months on credit cards will transform into a 3% intro APR. With their 0 dollars Fraud Liability Guarantee, you are not responsible for unauthorized purchases on your Discover Card. It is one of the best travel rewards credit card no annual fee.

Discover comes with 100% US-based standout customer service 24/7. Therefore, you can Request free overnight shipping to replace a lost card.

9. Ink Business Cash Credit Card

Best Rewards Credit Cards With No Annual Fee - Ink Business Cash Credit CardInk Business Cash Credit card is a qualitative rewards credit cards with no annual fees from Chase bank. It is a great pick for the users who run a small business, and it requires a good to excellent recommended credit score from 690 to 850.

If you are a small business owner who wants to spend a bundle of telecom services and or office supplies, you can get numerous benefits from Chase Ink Business Card.

This one has a 0 percent intro APR service which is a great rewards credit cards with no annual fees. They offer employee cards without any extra costs, which will let you set individual spending limits and help you earn rewards even faster.

Redeem your rewards for cash back, gift cards, travel, and more through Chase Ink Business Cash Credit Card.

Advantages Of Ink Business Cash Credit Card

  • Get $750 bonus cash back after you spend $7,500 on purchases in the first 3 months after account opening.
  • Regardless of the new or the existing customer, they require 0 dollars annual fee for card functionality
  • Get up to 1% cashback on everything, 3% cash back on dining, takeout drugstore, and other delivery services
  • 5% cashback on travel tickets booked by Chase Ultimate Rewards card
  • For the first 15 months, they charge 0 percent APR on balance transfers and other purchases.
  • They charge a variable APR of 13.24% to 19.24% on everyday spending and purchases.

Chase also has Mobile banking and other banking services, including credit cards to build credit for 18 year olds. You can check the wide range of credit cards from Chase’s credit card service.

Stay on top of your business with Fraud Protection, Purchase Protection, personalized Account Alerts to Monitor and protect your business. Get more than 100,000 points per year if you refer any business owners.

10. Wells Fargo Reflect Card

Wells Fargo Reflect CardWells Fargo offers renowned reward credit cards with no annual fee, which offers great additional card features and benefits with zero APR for extended periods.

They have a comprehensive section of credit cards- Active Cash, Reflect, Hotels.com Rewards Visa, etc. Reflect card is best for the lowest APR, and Hotels Rewards Visa is best for booking hotels and traveling.

You need to hold a decent credit score ranging between 690 to 850. The lowest 0% Intro APR was previously available for 18 months. But now, new customers can get a total of 21 months 0% APR with a three months extension.

Applying for Wells Fargo Reflect Credit card is straightforward, which may require about 69.99 dollars in the service charge.

Advantages of Wells Fargo Reflect Credit Card

  • Get up to 600 dollars cell phone protection for monthly payments via Wells Fargo Card.
  • Requires 0 dollars annual fee for credit card maintenance
  • Provides 0% intro APR for a total of 21 months(typically 18 months and 3 months extension)
  • Charges a regular variable APR ranging from 12.99 to 24.99 percent
  • After the first three months, they charge a fee of 3%, then a BT fee of up to 5%, a minimum of 5 dollars
  • You can get up to 200 dollars cashback rewards with minimum spending of 1000 dollars within the first three months.

Monthly cell phone bill payments with a Wells Fargo credit card may charge about 25 dollars. With Zero Liability protection, you don’t have to stay responsible for unauthorized transactions.

For late payment or as a penalty fee, they charge up to 40 dollars. They will send the redeem options of reward purchases to your account in as little as 1 dollar. Wells Fargo ATM offers up to 20 dollars increments redeem.

FAQ About Best Rewards Credit Cards With No Annual Fee

Q. What is the defining credit system of the credit card providers?

First, the provider calculates the user’s total transaction amount and divides it by 12. Suppose your account balance is 250 dollars; they will charge the minimum amount or 1% of the balance, including late payment fees, interests, and Annual Percentage Rate.

Q. Do unsecured or unmonitored credit cards have any bad sides?

Unsecured creditors are not always better because if you can’t afford the security deposit or set a limit to pay in regular gaps, your credit score will fall. That’s why you should always set a limit that you can easily afford and pay in regular periods.

Q. What is considered an ideal credit limit?

You should always aim to set your credit utilization under 35% of the available balance in your account. Suppose your credit limit is approximately 500 dollars. For this limit, you should try to keep your account balance close to 175 dollars, which is 35% of the total limit.

Q. Is no annual fee credit cards worth it?

To determine if your no annual fee credit cards are worth it or not, you need to estimate how much you can get in the form of rewards and add it to the value of the credit cards perks and other privileges. After that, compare the value with the card’s annual price tag, and you can find out the worthiness of the credit card.

Q. Why do credit card providers charge yearly fees?

The straightforward explanation of this inquiry lies in the relationship between cost and pricing. Cards that offer higher perks and bonus rates will cost more than average ones.

Annual fees equalize for the economic risk the issuer accepts by giving cards to users with below-average credit or insufficient credit history.

Final Verdict

In frequent cases, rewards credit cards with no annual fees may come with fewer benefits and extra perks. This is a crucial part of picking the best rewards credit cards with no annual fee, considering the most vital aspects.

You can trust the alternatives we have mentioned and loyal ones to rebuild & improve your credit score. Determine which suits you best regarding your credit score and limit lines.

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