Did you know over 44 cash-back credit cards have no annual fee? These top 10 cards from big names like Wells Fargo, Capital One, Citi, Discover, and Bank of America let you earn rewards without extra costs. They’re perfect for those who want to save money on their daily buys.
These cards offer cash rewards from $200 to $500 when you first get them. They also have cashback rates from 1% to 8% on what you spend. So, whether you travel a lot, shop often, or just want to get more from your spending, there’s a card for you.
Key Takeaways
- Top 10 cashback credit cards with no annual fee include offerings from Wells Fargo, Capital One, Citi, Discover, and Bank of America.
- Introductory cash rewards bonuses range from $200 to $500 in the first 3-6 months.
- Cashback rewards rates vary from 1% to 8% on eligible purchases.
- These no-annual-fee credit cards cater to a wide range of consumer habits and budgets.
- Flexible rewards structures, including rotating bonus categories and unlimited cash back, appeal to a diverse audience.
Introducing the Best No-Annual-Fee Cashback Cards
Earn Generous Rewards Without Paying High Fees
Credit cards with no annual fees can help you earn rewards on your everyday buys. The Blue Cash Preferred Card from American Express gives you 6% cash back at U.S. supermarkets. The Citi Double Cash Card offers 2% return on all spending, making it great for many people.
The Chase Freedom Unlimited Card is perfect for travelers, with 5% cash back on travel booked through the Chase Travel portal and 3% back on dining and drugstore purchases. The Savor Rewards from Capital One card is ideal for those who enjoy dining out and hosting, offering 4% back on entertainment, dining, and grocery store purchases.
The Citi Custom Cash Card is great for those who like to switch up their spending. It gives 5% cash back in the top eligible spending category each billing cycle, up to the first $500 spent. The Capital One QuicksilverOne Cash Rewards Credit Card is a good choice for beginners, offering a flat 1.5% cash back rate on all purchases.
There are many no-annual-fee cashback credit cards out there. Each one is designed to fit different spending habits and financial goals. By choosing the right card, you can enjoy big rewards without paying high fees, keeping your money in your pocket.
Chase Freedom Unlimited®
The Chase Freedom Unlimited® is a top choice for those who want a no-annual-fee cashback credit card. It gives you 6.5% cash back on travel booked through Chase, 4.5% on dining and drugstore buys, and 3% on all other purchases for the first year or up to $20,000 in spending.
After the first year or when you hit $20,000 in spending, the rewards don’t stop. You’ll earn 5% cash back on travel booked through Chase, 3% on dining and drugstores, and 1.5% on all other purchases. This card lets you earn rewards on a wide range of everyday expenses.
The Chase Freedom Unlimited® also offers a great sign-up bonus. New cardholders can earn an extra 1.5% cash back on up to $20,000 spent in the first year. This could add up to $300 in cash back, which is more than the usual $200 sign-up offers.
There’s more to love about the Chase Freedom Unlimited®. You’ll get 5% cash back on Lyft rides through March 2025 and 3 months of DashPass for free, followed by 50% off for 9 months. These perks are great for those who use rideshare and food delivery services often.
The Chase Freedom Unlimited® is a standout with its high reward rates, big sign-up bonus, and extra benefits. It’s a great pick for anyone wanting a no-annual-fee cashback card to boost their everyday spending.
“The Chase Freedom Unlimited® is a fantastic no-annual-fee cash-back card that offers exceptional rewards across a wide range of spending categories. It’s a must-have for anyone looking to maximize their everyday purchases without paying high fees.”
Wells Fargo Active Cash® Card
The Wells Fargo Active Cash® Card is a simple card with no annual fee. It gives you 2% cash rewards on all purchases. You also get a 0% intro APR on purchases and balance transfers for 12 months, with a variable APR after that.
This card also covers your cell phone up to $600 if it gets damaged or stolen, with a $25 deductible. It offers many benefits.
Here are the key benefits of the Wells Fargo Active Cash® Card:
- $0 Annual Fee
- Earn unlimited 2% cash rewards on purchases
- 0% intro APR for 12 months on purchases and qualifying balance transfers
- Up to $600 of cell phone protection against damage or theft
- Auto Rental Collision Damage Waiver available
- Roadside Dispatch service for eligible cardholders 24/7
- Emergency Cash Disbursement and Card Replacement within one to three business days
- My Wells Fargo Deals offering access to personalized deals for cash back
- Zero Liability Protection for unauthorized transactions
- Credit Close-Up service mark℠ providing monthly FICO® Score updates
The Wells Fargo Active Cash® Card is highly valued, winning many awards. It was named Best Credit Card for Simple Cash Back by NerdWallet and Best No Annual Fee Credit Card by The Ascent. It also won Best Cash Back Card Overall in 2022 and Best No Annual Fee Cash Back Credit Card in 2022.
It was also recognized as the Best Credit Card for Flat-Rate Cash Back by Bankrate and the Best Cash Back Rewards Credit Card and Best Overall Cash Back Card by WSJ Buy Side.
| Feature | Details |
|---|---|
| Rewards Earning | Earn unlimited 2% cash rewards on purchases |
| Welcome Bonus | Earn up to 90,000 bonus points on qualifying purchases, or a $200 cash rewards bonus when spending $500 in purchases in the first 3 months |
| Introductory APR | 0% intro APR for 12 months on purchases and qualifying balance transfers (20.24%, 25.24%, or 29.99% variable APR thereafter) |
| Cell Phone Protection | Up to $600 in coverage per claim (subject to a $25 deductible) |
| Other Benefits | Auto Rental Collision Damage Waiver, Roadside Dispatch, Emergency Cash Disbursement, My Wells Fargo Deals, Zero Liability Protection, Credit Close-Up service mark℠, Visa Signature® Concierge, and Visa Signature® Luxury Hotel Collection |
The Wells Fargo Active Cash® Card is a top choice for those wanting a no-annual-fee cashback card. It offers great cash rewards and valuable benefits, making it perfect for everyday spending.
Top 10 Cashback Credit Cards with No Annual Fee
Earning cashback rewards on your everyday purchases is a smart way to make the most of your spending. You don’t have to pay an annual fee to do it. Here are the top 10 cashback credit cards with no-annual-fee rewards programs in 2024:
- Chase Freedom Unlimited® – Earn up to 6.5% cash back on select purchases in the first year, then 1.5% cash back on all other purchases.
- Wells Fargo Active Cash® Card – Earn an unlimited 2% cash rewards on purchases with no annual fee.
- Citi Custom Cash® Card – Earn 5% cash back on purchases in your top eligible spending category each billing cycle (up to $500 in purchases), and 1% on all other purchases.
- Discover it® Cash Back – Earn 5% cash back in rotating quarterly categories (activation required), plus a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year.
- Capital One SavorOne Cash Rewards Credit Card – Earn 3% cash back on dining and entertainment, 2% at grocery stores, and 1% on all other purchases.
Other top no-annual-fee cashback cards include the Bank of America® Customized Cash Rewards credit card, Capital One Quicksilver Cash Rewards Credit Card, PenFed Power Cash Rewards Visa Signature® Card, Alliant Cashback Visa® Signature Credit Card, and Blue Cash Everyday® Card from American Express. Each card offers unique rewards and benefits for different spending habits and preferences.
Looking to boost your rewards on dining, groceries, or everyday purchases? There’s a top-notch no-annual-fee cashback credit card for you. Explore your options and find the best high cashback rewards no annual fee card that fits your spending and financial goals.
Citi Custom Cash® Card
The Citi Custom Cash® Card is a special no-annual-fee cashback credit card. It lets you earn more by spending in your top category each billing cycle. You can get a big 5% cash back on up to $500 in your top spending areas. These areas include restaurants, gas stations, grocery stores, and more.
This card’s best feature is earning more in your top spending areas. You can maximize your rewards with flexible categories. Once you hit the $500 limit, you get 1% cash back on everything else.
- Earn 5% cash back on up to $500 spent in your top eligible spending category each billing cycle
- Earn 1% cash back on all other purchases
- No annual fee
- Introductory offer: Earn $200 cash back after spending $1,500 on purchases in the first 6 months of account opening
The citi custom cash no annual fee card is great for earning cash back without high fees. It’s perfect for those who want to maximize your rewards with flexible categories.
“The Citi Custom Cash® Card’s flexible rewards program allows me to earn 5% back in the categories I spend the most on each month, which helps me maximize my cash-back earnings without having to pay an annual fee.”
Discover it® Cash Back
The Discover it® Cash Back is a top choice for a no-annual-fee cashback credit card. It has a great rewards program. You can earn 5% cash back on up to $1,500 in combined purchases each quarter. This includes categories like grocery stores, restaurants, gas stations, and more (just activate it first).
Discover will automatically match all the cash back you earn at the end of your first year. This means you could double your rewards. There’s no limit to how much they’ll match, so the more you earn, the more they’ll match.
The Discover it® Cash Back also offers more benefits:
- 1% cash back on all other purchases
- No annual fee
- 100% U.S. based customer service available 24/7
- A wide variety of 25 colorful card designs to choose from
- The ability to redeem cash back at any time with rewards that never expire
- Access to your FICO® credit score for free
- Comprehensive security features like online privacy protection, Social Security number alerts, and $0 Fraud Liability Guarantee
With the Discover it® Cash Back, you can discover it cashback rewards without paying an annual fee. It’s perfect for earning cash back on your everyday purchases.
Capital One SavorOne Cash Rewards Credit Card
Dine and Entertain with Elevated Rewards
If you love food or enjoy hosting, the Capital One SavorOne Cash Rewards Credit Card is great for you. It’s a no-annual-fee card that gives you more rewards on dining, entertainment, and streaming services. It’s perfect for those who enjoy dining out and living life to the fullest.
With this card, you can earn 8% cash back on Capital One Entertainment purchases, 5% on hotels and rental cars through Capital One Travel, and 3% on dining and popular streaming services. For everything else, you get 1% cash back. This means you can earn more on what you spend the most on.
The Capital One SavorOne Cash Rewards Credit Card focuses on dining and entertainment. It rewards you for enjoying nights out or hosting parties. Forget about using many cards and enjoy easy, rewarding cashback.
This card also has no foreign transaction fees, great for international travel. Plus, it offers smart travel features like price drop protection and price match guarantees with Capital One Travel.
For those who want to dine and entertain with elevated rewards, the Capital One SavorOne Cash Rewards Credit Card is a top choice. It has no annual fee and high cashback rates, making it ideal for your dining and entertainment needs.
Bank of America® Customized Cash Rewards Credit Card
The Bank of America® Customized Cash Rewards credit card is a top choice for those who want no-annual-fee cashback. You can earn 3% cash back in a category you pick, 2% at grocery stores and wholesale clubs, and 1% on everything else. You can change your 3% category every month, letting you earn more based on what you spend.
This card is flexible, letting you choose from many 3% categories. You can pick from gas, online shopping, dining, travel, drug stores, and home improvement. This way, you can match your rewards with your spending, making the most of your cashback.
The Bank of America cash rewards no annual fee card also gives you 2% cash back at grocery stores and wholesale clubs, and 1% on all other purchases. This means you can earn cash back on a lot of your daily expenses, from groceries to online shopping.
With no annual fee and great rewards, the Bank of America® Customized Cash Rewards credit card is a great pick. It’s perfect for those who travel a lot, shop online often, or just want to get more from their spending. This card offers a tailored cashback experience that suits your lifestyle.
Conclusion
This article has shown you the best cashback cards with no fees. These cards let you earn cash back on your daily spending. You can choose from simple flat-rate rewards or flexible bonus categories.
Think about how you spend money and what you want to achieve financially. This will help you pick the right no-annual-fee cashback card. You can earn more rewards on things like dining, groceries, and travel. Or, you can enjoy the freedom of choosing which categories earn more.
Looking for the top cashback cards with no fees 2024 or the best no annual fee rewards credit cards? This article has given you a detailed look at the best choices available. Using these no-fee cashback cards can help you meet your financial goals and enjoy the benefits of your purchases.
FAQ
What are the top 10 cashback credit cards with no annual fee?
The top 10 cashback credit cards with no annual fee include the Chase Freedom Unlimited®, Wells Fargo Active Cash® Card, Citi Custom Cash® Card, Discover it® Cash Back, Capital One SavorOne Cash Rewards Credit Card, Bank of America® Customized Cash Rewards credit card, Capital One Quicksilver Cash Rewards Credit Card, PenFed Power Cash Rewards Visa Signature® Card, Alliant Cashback Visa® Signature Credit Card, and Blue Cash Everyday® Card from American Express.
What are the benefits of the top no-annual-fee cashback credit cards?
The top no-annual-fee cashback credit cards let you earn rewards on everyday purchases without paying high fees. They offer bonus categories like groceries, dining, travel, and online shopping. This way, you can earn more cash back based on what you spend. Many cards also have special offers, such as welcome bonuses and 0% APR periods.
What are the key features of the Chase Freedom Unlimited® card?
The Chase Freedom Unlimited® is a popular card with no annual fee. It gives you an elevated rewards rate on various purchases. You can earn 6.5% cash back on travel booked through Chase, 4.5% on dining and drugstore purchases, and 3% on all other purchases (up to $20,000 spent in the first year). After the first year or $20,000 in spending, the rewards rate changes.
What are the key features of the Wells Fargo Active Cash® Card?
The Wells Fargo Active Cash® Card is a simple card with no annual fee. It earns 2% cash rewards on all purchases. You also get a 0% introductory APR on purchases and balance transfers for 12 months, followed by a variable APR. Plus, it offers cell phone protection, covering up to $600 per claim with a $25 deductible.
What are the key features of the Citi Custom Cash® Card?
The Citi Custom Cash® Card is a no-annual-fee card with a flexible rewards system. You can earn 5% cash back on your top spending category each billing cycle, up to $500. Categories include restaurants, gas stations, grocery stores, select travel, and more.
What are the key features of the Discover it® Cash Back card?
The Discover it® Cash Back card has no annual fee and rotating bonus categories. You can earn 5% cash back on up to $1,500 in purchases each quarter. Categories change every three months and include groceries, gas stations, and restaurants. Plus, Discover will match all your cash back in the first year, doubling your rewards.
What are the key features of the Capital One SavorOne Cash Rewards Credit Card?
The Capital One SavorOne Cash Rewards Credit Card focuses on dining and entertainment with no annual fee. You can earn 8% cash back on Capital One Entertainment purchases, 5% on hotels and rental cars, and 3% on dining and streaming services. For other purchases, it earns 1% cash back.
What are the key features of the Bank of America® Customized Cash Rewards credit card?
The Bank of America® Customized Cash Rewards credit card lets you choose your 3% cash back category from a list. You also earn 2% at grocery stores and wholesale clubs, and 1% on all other purchases (up to $2,500 in combined purchases). This flexibility helps you maximize your rewards based on your spending.
