No Annual Fee Credit Cards

cards225There are many, many no annual fee credit cards on the market, and, provided you have good credit, there is no reason to pay a fee to carry a credit card. The list below includes choices from major banks and retailers offering no annual fee credit cards, but this list is by no means exhaustive.

  • citi-simplicity-credit-cardCiti Simplicity Card – No annual fee and also no late payment fees, plus an introductory 0% interest rate on card purchases and on balances transferred from other credit cards for 21 months! (There is a 3% fee on those balance transfers, however.) No rewards.
  • bp-credit-card-smallBP Visa – No annual fee gas credit card allows you to earn rebates on future BP gas purchases, with the size of your rebates dependent on how much you spend with the card.


  • Iberia Bank Visa Classic – No annual fee, no frills, an interest rate as low as 13.49% for those who qualify. (You could also be approved at a 18.49% or 23.49% rate, however.) Not much to recommend this one, but no annual fee.
  • aarp-credit-card-smallAARP Rewards Visa – No annual fee credit card offers a nice, simple rewards formula: 3% cash back on restaurant and gas purchases, 1% cash back on all other purchases.
  • citi-diamond-preferredCiti Diamond Preferred Card – No annual fee with a hefty upfront 0% offer: no interest on purchases or balance transfers for 21 months (3% fee on transferred balances, though). Beyond that it offers some extras like “concierge” service and access to exclusive Citi-sponsored entertainment events, but not much more.
  • us-bank-plat-smallUS Bank Visa Platinum – No frills, no rewards credit card offers an interest rate as low as 10.49% but potentially as high as 21.49% depending on your credit history.
  • discover-it-smallDiscover It Card – No-annual-fee credit card offers 1% cash back on all purchases, plus 5% cash back on purchases in certain buying categories; these 5% buying categories change each calendar quarter.
  • abercrombie-card-smallAbercrombie & Fitch Credit Card – Buy from Abercrombie at an extremely high interest rate (25.49%!) and get no rewards on your purchases! But, hey, there’s no annual fee.
  • chase-slate-smallChase Slate Visa – This card has no annual fee, but the only reason we would really recommend it is if you have a sizable balance on another credit card and want to lower your interest rate. Here’s why: this card offers a 0% interest rate on transferred balances for 15 months with no balance transfer fee. It is very rare to find any card that doesn’t charge a balance transfer fee. In addition, you also get that 0% APR on new purchases for 15 months. Just be careful you don’t go crazy charging out the wazoo over that 15-month period or you’ll be sorry later.
  • simmons-visaSimmons First Visa – Offers a no-annual-fee Visa Platinum with a 7.75% interest rate, plus a rewards card at just 9.75% APR.
  • lowes-cc-smallLowe’s Credit Card – Lowe’s home improvement stores offers a credit card that gives you 5% off every purchase at the chain (with a few exceptions on certain brands), so if you’re a frequent Lowe’s shopper it makes sense to get the card. Don’t carry a balance, though, or that crazy high 26.99% interest rate will bite you!
  • tjmaxx-100TJX Rewards Credit Cards – No annual fee store card of TJ Maxx, Marshalls, HomeGoods and Sierra Trading Post. Earn 5 points per dollar on TJX store purchases and, if you qualify for the MasterCard, 1 point per dollar on other card purchases. Every 1,000 points gets you a $10 TJX rewards certificate for a future purchase.
  • amazon-visa-smallAmazon.com Rewards Visa – A good no-annual-fee card for the frequent purchaser at Amazon.com. You earn 3 points per dollar on all purchases at Amazon.com, 2 points per dollars on purchases at gas stations, restaurants and drug stores, and 1 point per dollar on all other purchases. Your points can then be used toward purchases at Amazon, with every point equaling a penny. Easy redemption, too — your card is linked to your Amazon account, so you can immediately use any amount of available points toward a new Amazon purchase. You also get a $50 Amazon gift card once your credit card application is approved.
  • citi-double-smallCiti Double Cash Card – Earn 1% cash back on all purchases, then another 1% back on all of your balance payments, meaning you can earn essentially 2% cash back with this card. Note that you do not earn the 1% rebate on the portion of your payments that go toward paying interest or late payment fees.
  • discover-miles-smallDiscover It Miles Card – Earn 1.5 “miles” per dollar charged to this no annual fee credit card. Each mile is worth a penny toward travel expenses or you can simply take the miles in cash back — making this essentially a 1.5% cash back credit card, a very nice deal.
  • Blair Credit Card – Women’s catalog clothing store offers a no annual fee credit card with a rewards program that gives you a $10 gift certificate for every $150 you spend.
  • blue-cash-preferred-smallBlue Cash Everyday from American Express – Nice no-annual-fee cash back credit card offers 3% cash back on supermarket purchases, 2% back at gas stations, 2% back at major department stores, and 1% back everywhere else. Note that you won’t get the higher cash back amounts if you are buying groceries or gas at a warehouse store. Also, spend at least $1000 with the card in the first 3 months and you’ll get an extra $100 statement credit.
  • cap1-venture1-smallCapital One VentureOne Card – No annual fee travel card gives you 1.25 “miles” per dollar charged to the card. In reality, the “miles” are points equal to a penny per point, and you use the miles to pay for travel expenses in part or in full. For example, 10,000 miles would equal $100 in travel rebates.
  • target-redcard-smallTarget REDcard – Though you can only use it at Target, this no-annual-fee credit card gives you 5% off on your Target purchases, and you probably shop at Target already, so why not have it?
  • citgo-cc-smallCITGO Rewards Credit Card – Get 5 cents off every gallon of CITGO gas with this no annual fee card. Only accepted at CITGO.
  • Lord & Taylor Credit Card – No annual fee card can only be used at Lord & Taylor and it offers paltry rewards and a very high 25.99% interest rate. You get a few cardholder-only discounts throughout the year, but otherwise not worth having.
  • Capital One Platinum MasterCard – No annual fee unsecured credit card targeted to average credit and bad credit customers has a very high 24.99% interest rate and no rewards or other perks to recommend it if you have decent credit.
  • Home Depot Credit Card – No annual fee store card offers special financing on large purchases but not a whole lot more. Only accepted at Home Depot. Interest rate from 17.99% to 26.99% depending on your credit history.
  • Ebates Visa – Increase the cash back you receive on purchases made through Ebates by 3%, and get 1% cash back on all other purchases you make with this card.
  • td-ameritrade-cc-smallTD Ameritrade Client Rewards Visa – No annual fee credit card offers you 1.5% cash back on all purchases, and that cash back rate goes up to 1.65% if you have that rebate deposited straight into a TD Ameritrade investment account.
  • bofacashrewardsccBankAmericard Cash Rewards Visa – No annual fee rewards credit card offers 3% cash back on gas, 2% back at grocery stores and wholesale clubs, and 1% back everywhere else. Offers an interest rate as low as 13.49% and as high as 23.49% — but you also get a 0% interest rate on purchases for the first 12 billing cycles and a 0% rate on any balances you transfer from other cards in the first 60 days of opening your account.
  • kohl-ccKohl’s Charge – This no-annual-fee store card does not offer a rewards program, but it does have a couple of nice upfront discounts of 15-25% on your first card purchases, plus regular cardholder-only discount mailings.
  • Frontier Airlines MasterCard – Earn 1 mile per dollar on Frontier purchases and 1 point per $2 for all other card purchases with this no-annual-fee version of Frontier’s frequent flyer credit card. (There is an alternate Frontier credit card that does have an annual fee but also greater rewards.)
  • ExxonMobil Smart Card – No annual fee gas credit card gives you 6 cents off per gallon of Exxon or Mobil gas you buy, with no minimum or maximum purchases required to get the discount.
  • cap-one-quicksilver-smallCapital One QuickSilver Cash Rewards Card – No-annual-fee credit card offers a flat 1.5% cash back on all purchases, making it one of the simpler, more generous reward cards on the market.
  • chevron-texaco-cc-smallChevron Texaco Visa – No annual fee gas credit card allows you to earn 3 cents off per gallon of Chevron and Texaco gas plus the potential to get 10 to 20 cents off per gallon if you meet certain monthly spending levels on non-gas purchases. Watch out for the scary 27.49% interest rate.
  • Dick’s Sporting Goods / Rewards of Sport Credit Card – No annual fee card of the Dick’s retail chain (as well as Golf Galaxy and Field & Stream) allows you to earn points toward future Dick’s purchases. If you make a big purchase inside a Dick’s store, you might even get approved instantly.
  • citizens-cash-backCitizens Bank Cash Back Plus MasterCard – Get 1.5% cash back with this no annual fee card, plus the opportunity to earn even more, up to 1.80%. You’ll get an extra .15% as long as you use the card at least once in 6 straight months. You can also earn an extra .15% if you direct deposit your cash back into a Citizens Bank checking, savings or money market account. If you earn both of the extras, you’ll end up earning a 1.8% rebate.
  • blue-sky-amexBlue Sky from American Express – No-fee travel card from American Express earns you one point per dollar charged to the card, and every 7500 points equals $100 you can use to pay for travel. (You actually use the $100 as a statement credit after you’ve traveled.)
  • gymboree-credit-card-smallGymboree Visa – No annual fee Visa offers 5% off Gymboree purchases and a 1% reward on all other purchases. (The 1% reward comes in the form of Gymboree gift cards good on future purchases.)

Also: Instant Approval Credit Cards, Store Credit Cards, Which is the best credit card?, Best Balance Transfer Credit Cards