Credit Cards

Best No Annual Fee Credit Cards Of 2021

Updated on May 3, 2021 by
Common Cents Mom is reader supported. We may receive compensation from the products and services in this article. However, this does not influence our evaluations. Our opinions are our own. Please read our disclosure for more information.
no annual fee cards

While it's true credit cards with no annual fees generally have fewer benefits than other cards, you can still get a decent package if you shop around for the right ones. It's the best way to maximize your rewards earnings while minimizing costs. If paying an annual fee is going to take a chunk out of your savings, check out the best no annual fee credit cards of 2021.

Chase Freedom Unlimited

Best For: Day To Day Spending

Welcome offer: $150 cashback is you spend $500 in the first 3 months of opening your account.
Interest Rate: 0% intro APR for 15 months from account opening on all purchases and balance transfers. After the intro period, APR goes up 16.49% – 25.24%.
Recommended Credit Level: Excellent.

All in all, Chase Freedom Unlimited is a good card for everyday spending. The card offers a flat 1.5% cashback rate on general purchases for cardholders who want to keep it simple. If you spend $1,325 per month on average, you could get $318 in cashback per year. With the welcome offer in your first year, you can make $468.

With this card, you can redeem your cashback any time, there's no limit on cashback, rewards don't expire, and you can redeem point for gift cards, travel, or use them on Amazon. Perhaps the only con of the Chase Freedom Credit Card is there are no bonus categories. That means you don't have the potential to earn extra at any time. However, the balance you see at the end of the year might add up to the same as if you had a credit card with an annual fee.

Chase Freedom

Best For: Rotating Bonus Categories

Welcome Offer: $150 bonus after you spend $500 or more in your first 3 months of account opening.
Interest Rate: 0% intro APR for 15 months from account opening on purchases. After the intro period, you'll pay 16.49% – 25.24% APR.
Recommended Credit Level: Good or excellent.

If you're looking to maximize your cashback and pay no annual fees, Chase Freedom will give you a 5% cashback up to $1,500 in combined purchases in bonus categories each quarter you activate. The categories rotate each quarter so you have a chance to earn more in different categories.

You'll earn 1% cashback on the categories that aren't in the spotlight that quarter. Some categories you can earn 5% cashback on are gas, restaurants, groceries, streaming services, gym memberships, phone, internet, and cable services.

Capital One QuickSilver Cash Rewards Credit Card

Best For: New Credit Card Holders

Welcome Offer: $150 bonus after you spend $500 or more in your first 3 months of account opening.
Interest Rate: 0% intro APR for 15 months; 15.49% – 25.49% variable APR after that.
Recommended Level of Credit: Good to excellent.

Similar to the Chase Freedom Unlimited card, Capital One Quicksilver Cash Rewards Credit Card has a 1.5% cashback bonus. Where it sets it'self apart is 1.5% is offered on every purchase, instead of in general categories.

It's the simplest card for beginners as they can rack up cashback rewards without putting thought in revolving categories. And, there's no spending limits to keep track of. On top of the tempting cashback rate, the Capital One Quicksilver Cash Rewards Credit Card offers low fees, a sign-up bonus, a long 0% APR introductory period, and easy redemption on rewards.

Citi Double Cash Back Card

Best For: Getting cashback while purchasing and paying off.

Welcome Offer: No
Interest Rate: 0% intro APR for 18 months from date of first transfer for balance transfers. After that, the standard variable APR for purchases is 13.99% to 23.99%, based on your creditworthiness.
Recommended Level of Credit: Excellent.

Have you ever thought you should gain something from paying off your card instead of while spending? The Citi Duble Cash Back Card gives you 1% cashback on all purchases and 1% cashback as you pay off those purchases. This means you'll be prompted to pay off your card quickly to earn 2% cashback on your purchases.

To get the 1% cashback while paying off your card, you must consistently pay the minimum due on time. You can pay all at once or over time and still get 1%. Cashback does not apply to balance transfers. This no annual fee credit card comes with credit card protection, Citi Entertainment, protection again unauthorized charges, and great customer support.

Blue Cash Everyday Card from American Express

Best For: Families who grocery shop and commuters.

Welcome Offer: $150 statement credit for cardholders who spend $1,000 in the first 3 months.
Interest Rate: 0% for the first 15 months of account opening. After that, APR between 12.99% to 23.99% based on your creditworthiness.
Recommended Level of Credit: Good to excellent.

For a card with no annual fee, the Blue Cash Everyday card has an excellent rewards rate, At any US supermarket, cardholders earn 3% cashback (up to $6,000 per year in purchases, 1% after that). You also get 2% cashback at US gas stations and US select department stores and 1% on general purchases.

This card is perfect for families that spend a lot on groceries. If you meet the $6,000 cap per year, you can make $180 of cashback on grocery shopping alone. Because of this card's lengthy intro APR on new purchases and balance transfers, it's a good option for paying down debtor financing a large purchase without too much interest.