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It’s a new year, and there are more options than ever to help you maximize rewards for little to no cost. Lucrative no annual fee credit cards are making a name for themselves in 2019, and there are plenty to choose from. Whether your focus is on travel dining, hotels, everyday spending, or all of the above, there is a credit for you, with no annual fee.
If you like flexibility in a credit card, such as the ability to rotate bonus categories, the Chase Freedom® card is a no-brainer. You can earn 5% cash back for every purchase or 5 points per dollar on up to $1,500 in combined purchases in bonus categories each quarter, as well as unlimited 1% cash back on all other purchases.
As a new cardholder, you will also benefit from a $150 bonus after you spend $500 on purchases in the first three months of account opening. Additionally, if you already have the Chase Sapphire Preferred Card or Ink Business Preferred Credit Card, you can combine your points and use them with Ultimate Rewards transfer partners, or, toward free travel booked through the Chase portal.
Chase Freedom Unlimited
Similarly, with the Chase Freedom Unlimited® card, you will have the ability to earn 3% cash back on all purchases in your first year of account opening, up to $20,000 spent. After that, you will earn an unlimited 1.5% cash back on all purchases.
There is no minimum to redeem for cash back, and there is no caveat of earning more for bonus categories—you will earn 3% cash back on all purchases, every day, until hitting the $20k. Where this card really shines is the return on spending.
When you combine your Freedom Unlimited card points with your points from your Chase Sapphire Reserve card. Additionally, if you combine your card with the Chase Sapphire Preferred or Ink Business Preferred card, you can redeem the cash back as points for Ultimate Rewards on all purchases.
Citi Double Cash
For a simple, no fee card that requires no extra effort on top of swiping it through a credit card machine, the Citi Double Cash card is at straightforward as it gets. This card will earn you 2% cash back on every purchase, every day. You will receive 1% cash back upon making the purchase, and another 1% upon paying off your statement. However, even if you carry a balance, you will still earn 1% on payments towards purchases. You just need to pay the minimum balance.
In a world of having to keep track of bonus categories and points, this card is refreshing in its simplistic nature. There is no earning cap or confusion around points redemptions, just cash back earning. The only restriction you will find on the Citi Double Cash card is a minimum of $25 in cash back before you can redeem your rewards.
The Bottom Line on No Annual Fee Credit Cards
As with any new card, make sure to view the security benefits before opening an account. Chase, for example, offers quality protection and extended benefits for cardholders. However, foreign transaction fees can be quite high when it comes to no annual fee credit cards.The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.