Updated June 20, 2018

No one enjoys paying fees, whether they’re tacked on to a monthly subscription or popping up on a credit card bill. And with credit card issuers fighting hard for your business, a number of high-quality cards are available, even ones packed with perks and no annual fee. Here are our picks for the best no-annual-fee credit cards.

Discover it® Cash Back
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Discover it® Cash Back

Best for: Bonus cash rewards

Discover it® Cash Back earns 5% cash back (on up to $1,500 in spending quarterly) in rotating categories you activate such as gas, restaurants, Amazon.com purchases, and wholesale clubs, plus 1% cash back on all other purchases. Discover automatically matches all the cash back earned, dollar for dollar, at the end of the first year for new cardholders. The card also cuts out-of-pocket costs by nixing both the annual fee and foreign transaction fees. Read our full Discover it® Cash Back review.

Wells Fargo Cash Wise Visa® Card
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Wells Fargo Cash Wise Visa® Card

Best for: Sign-up bonus

This card offers one of the biggest cash sign-up bonuses we've come across for a no-annual-fee credit card. You can earn a $200 cash bonus after spending just $1,000 within three months of account opening. Add in the versatility of unlimited 1.5% cash back, a 0% intro APR offer, and valuable mobile phone insurance, and you can see why we covet this card. Read our full Wells Fargo Cash Wise Visa® Card review for more.

Discover it® Balance Transfer
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Discover it® Balance Transfer

Best for: Balance transfers and cash rewards

The Discover it® Balance Transfer credit cards amps up the value for cardholders wanting to get out of debt faster with a 0% intro APR without sacrificing rewards. This card closely mirrors another card on this list, Discover it®  Cash Back, with the main difference being the 0% intro APR promo spanning a longer 18 months for balance transfers and a shorter 6 months for purchases. Choosing between the two Discover it® cards may ultimately come down to which 0% intro APR offer fits your needs. But know that the balance transfer offer and cash back rewards, alone, sit at the top of the pack within each category, which explains our enthusiasm for this card. Read our full Discover it® Balance Transfer review for more.

Bank of America® Cash Rewards Credit Card
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Bank of America® Cash Rewards Credit Card

Best for: Bonus cash rewards

The Bank of America® Cash Rewards Credit Card is a versatile cash-back card that earns cash back of 3% on gas, 2% on groceries and at wholesale clubs (on the first $2,500 of combined spending each quarter), and 1% on all other purchases. The sign-up bonus recently increased to $150 after spending $500 in the first 90 days, which puts the card in line with best-in-class cash-back cards on the market. Perhaps most lucrative, Bank of America banking members can increase cash back by 25% to 75% depending on Preferred Rewards membership status. That works out to a fully-baked yield stretching up to 5.25% cash back for gas, albeit capped each quarter. Such a high rate is unmatched among the $0-annual-fee cards we cover. Read our full Bank of America® Cash Rewards review to learn why why we consider it to be one of the best cash-back credit cards.

Capital One® Quicksilver® Card - 0% Intro APR for 15 Months
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Capital One® Quicksilver® Card - 0% Intro APR for 15 Months

Best for:

Cardholders looking to slash the annual fee and earn cash back may find this offer to be a good option. New purchases earn unlimited 1.5% cash back and can be redeemed at any time, for any amount – rare for card issuers who normally bump the redemption hurdle to at least $25. What’s more, qualifying cardholders earn a $150 bonus after spending $500 within three months of account opening and it packs in a 0% intro APR for 15 months. Read our full Capital One® Quicksilver® Card - 0% Intro APR for 15 Months review to dive deeper.

Bank of America® Travel Rewards Credit Card
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Bank of America® Travel Rewards Credit Card

Best for: Flat-rate travel points

Flexible rewards are a busy traveler’s best friend, and Bank of America® Travel Rewards punches far above its weight in this category. All purchases earn 1.5 points per $1 and can be redeemed for travel-related statement credits, making this a powerful travel credit card for cardholders searching for cheap deals using their preferred booking portal. Qualifying new cardholders can also look forward to an offer of 20,000 points bonus – redeemable for $200 in travel-related statement credits — after spending at least $1,000 on new purchases in the first 90 days, plus a $0 annual fee. Add it all up, and it’s easy to see why we think the Bank of America® Travel Rewards card is also one of the best credit cards of 2018. Read our full Bank of America® Travel Rewards review.  

Capital One® VentureOne® Rewards Credit Card
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Capital One® VentureOne® Rewards Credit Card

Best for: Flat-rate travel miles

Capital One® VentureOne® Rewards Credit Card rounds out the $0-annual-fee travel cards on this list, mostly due to its sign-up bonus of 20,000 miles -- worth $200 for travel -- after spending $1,000 within three months of account opening, ongoing rewards of 1.25x miles per $1, and a 0% intro APR for 12 billing cycles for purchases. Of course, travel card stand-by's are included as well, such as no foreign transaction fees. Read our full Capital One® VentureOne® Rewards Credit Card review to learn more.

Citi® Double Cash Card

Citi® Double Cash Card

Best for: Cash rewards and $0 annual fee

The Citi® Double Cash Card stands out among cash-back cards because it offers an innovative rewards program that incentivizes smart use of debt by paying off balances. All purchases earn a total of 2% cash back – technically, 1% when purchased and 1% when paid off. This is among the highest cash-back rates for all purchases on the market. What’s more, Citi® Double Cash Card helps indebted cardholders pay down balances faster when taking advantage of the card’s 0% intro APR for balance transfers made within four months. Read our full Citi® Double Cash Card review to learn more.

Blue Cash Everyday® Card from American Express

Blue Cash Everyday® Card from American Express

Best for: Gas and U.S. supermarket rewards

The cards most notable features are a $150 statement credit when spending at least $1,000 within three months, 3% cash back at U.S. supermarkets for up to $6,000 spent each year, and 2% cash back at U.S. gas stations and at select U.S. department stores. Read our full Blue Cash Everyday® Card from American Express review.


Best No-Annual-Fee Credit Cards

Credit Card Best For
Discover it® Cash Back Bonus cash rewards
Wells Fargo Cash Wise Visa® Card Big sign up bonus
Discover it® Balance Transfer Balance transfers and cash rewards
Bank of America® Cash Rewards Credit Card Bonus cash rewards
Capital One® Quicksilver® Card Flat-rate cash rewards
Bank of America® Travel Rewards Credit Card Flat-rate travel points
Capital One® VentureOne® Rewards Credit Card Flat-rate travel miles
Citi® Double Cash Card Cash rewards and $0 annual fee
Blue Cash Everyday® Card from American Express Gas and U.S. supermarket rewards

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