• Natasha Gabrielle
  • January 24, 2019

Editorial Disclosure: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.

“The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.”

The Best No Annual Fee Credit Cards (or First year Waived!)

For those who are just getting started in the miles and points world, it can be scary to have to pay a substantial annual fee for a great credit card full of benefits. The good news is there are some value-packed credit cards out there with no annual and some with the first year’s fee waived! This is a great way to start racking up points without the hassle of unwanted extra fees. Here’s a look at our top picks for the best credit cards with no annual fee:

Wells Fargo Propel American Express

This card is a favorite because it’s so easy to earn points and it has no annual fee. Card users can earn 3x points per $1 spent on takeout, dining out, gas and transit expenses, flights, car rentals, and hotel stays, and streaming services and 1x point per $1 spent on anything else—which offers a lot of ways to earn big. Points never expire, and this card also provides an intro 0% APR on purchases and balances transfers during the first 12 months of card ownership. It’s a great simple and easy-to-use card to have in your wallet.

Bonus: Earn 30,000 points after $3,000 spend in the first three months

Annual Fee: None


Chase Freedom Unlimited

The Chase Freedom Unlimited is another solid no-annual-fee credit card. No matter what is purchased, card users can earn an unlimited 1.5% cash back. That makes for simple earning and a great way to get cash back for money you’re already spending. This card also comes with a 0% intro APR on purchases and balance transfers during the first 15 months of card ownership. With this card, your cash back earnings never expire.

Bonus: Earn $150 bonus after $500 spend in the first three months; Earn $75 bonus after $5,000 spend in the first 12 months

Annual Fee: None

Capital One SavorOne Cash Rewards

For those who spend a lot on dining and entertainment, the Capital One SavorOne Cash Rewards card is a smart choice. This card earns 3% cash back on dining and entertainment purchases, 2% cash back on grocery store purchases, and 1% cash back on all other expenses. There is no annual fee, and there is a 0% intro APR on purchases and balance transfers during the first 15 months of card ownership. Additionally, the credit card rewards never expire, and you won’t pay foreign transaction fees.

Bonus: Earn $150 bonus after $500 spend in the first three months

Annual Fee: None

This top-rated travel credit card usually has an annual fee of $95 per year—but it’s waved for the first year of card ownership. If you’re planning to travel a lot, this card is a winner. Earn 2x points per $1 spent on travel and dining and 1x point per $1 on all other purchases. This card also comes with added features like trip cancellation protection, baggage delay reimbursement, and no foreign transaction fees. You can always use up the many perks and downgrade the card before your year is up.

Bonus: Earn 50,000 points after $4,000 spend in the first three months

Annual Fee: No fee for the first year, $95 after

Capital One VentureOne

For travelers who want a truly no-fee credit card, the Capital One VentureOne is a card to consider. This card earns 1.25 miles per $1 spent on all purchases and 10x miles per $1 spent on qualifying hotels.com purchases. There is no cap on the earning potential. It also comes with a nice bonus once you hit the minimum spend. If you’re booking hotel stays, anyway—this is a good choice.

Bonus: Earn 20,000 miles after $1,000 spend in the first three months

Annual Fee: None

Barclaycard Arrival Plus World Elite Mastercard

While this travel-themed credit card typically costs $89 per year, the first year is waived. If you plan to travel a good bit and want to be rewarded well, this is a great card to think about owning for a year. You can earn 2x miles per $1 spent on all purchases. You can choose how to redeem miles for rewards. When you decide to redeem miles, you will earn 5% miles back.

Bonus: 70,000 miles after $5,000 spend in the first three months

Annual Fee: No fee for the first year, $89 after

Learn More


Citi Premier

Another card that typically charges an annual fee is the Citi Premier. This card offers the first year fee-free. Card users earn 3x points per $1 spent on travel, hotels, gas stations, and transit costs, 2x points per $1 spent on dining and entertainment purchases, and 1x point per $1 spent on everything else. Earning potential for this card is unlimited.

Bonus: Earn 50,000 points after $4,000 spend in the first three months

Annual Fee: No fee for the first year, $95 after

Learn More


Fidelity Rewards Visa Signature

Another option for an excellent no-annual-fee card is the Fidelity Rewards Visa Signature. This card allows individuals to earn an unlimited 2% cash back on any purchase. This is especially great for card users who spend in a mix of categories. Cash back rewards can be deposited into a Fidelity account of your choice or can be redeemed for gift cards, travel, or statement credit. This card has no fee, but there is also no current sign on bonus.

Bonus: None

Annual Fee: None

Yes—you can get a great credit card without having to pay a hefty fee. These credit cards offer great perks without the added expense of an annual fee. All you need to do is consider your own spending habits and goals to determine which one is the best fit for you. Choosing the right card for your needs can help you earn better and bigger rewards in the long run.


“Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.”

Advertiser Disclosure: Many of the listings that appear on this website are from companies which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The site does not review or include all companies or all available products.

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