5 Best Credit Card With Cashback Rewards and No Annual Fee

The best Credit Card With Cashback Rewards and No Annual Fee is a great way to make money off your normal spending.

Moreover, there are several options without an annual charge if you don’t want to pay an annual fee to reap rewards. 

To help get the right cards for you, we have analyzed the best credit card with cashback rewards and no annual fee for you. 

List of The Best Credit Card With Cashback Rewards And No Annual Fee

Here is a compiled list of top credits cards for you

With these cards, you can potentially earn hundreds of dollars in cash back by using one of these cards for your everyday purchases.

1. Citi® Double Cash Card

Citi® Double Cash Card is one fo the best credit card with cashback rewards and no annual fee. 

It’s best for Cardholders who want to earn cash back without a lot of fuss should consider this Card. 

More so, this card set the standard for flat-rate cash-back cards when in 2014 and it is still one of the best on the market.

With this card, you can earn 2% cash back on all purchases.

You earn 1% when you make a purchase and an additional 1% when you pay your credit card bill. 

However, cardholders can also get cashback for statement credits or a check once they’ve earned $25 worth of rewards.

If you are looking to consolidate your debt, this is the best card for you. 

Meanwhile, this card isn’t good for travelers.

This is because it comes with a 3% foreign transaction fee.

Also, cashback can’t be redeemed for travel purchases.

2. PayPal Cashback Mastercard®

This credit is great for Fans of PayPal and frequent online shoppers.

If you are in this category, you should check out the PayPal Cashback Mastercard®. 

This card is another 2% cash-back card that you can earn the same amount of rewards on all purchases. 

However, A PayPal account is needed to open this card.

Meanwhile, it links to your PayPal account, so your rewards can be applied directly to your PayPal balance.

People who don’t like PayPal or want other cash-back redemption options won’t find it a hassle. 

3. Chase Freedom Unlimited®

If you are consumers who want a big rewards card with no annual fee, you should consider the Chase Freedom Unlimited® Card. 

You will earn 5% cash back on travel purchased through Chase Ultimate Rewards®.

Also, 3% on drugstores and dining at restaurants plus  1.5% on all other purchases.

Meanwhile, if you want to maximize your rewards, there’s also a generous welcome offer for you.

You can also earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cashback.

In addition, this card has no annual fee, and you can profit from a 0% APR for the first 15 months on new purchases.

And also I  balance transfers (after, 16.49% – 25.24% variable APR). 

However, there’s a greater intro balance transfer fee of either $5 or 3% of the amount of each transfer.

Also on transfers made within 60 days of account opening. 

After that, it is 5% of the amount of each transfer. 

4. Capital One SavorOne Cash Rewards Credit Card

Capital One SavorOne Cash Rewards Credit Card is for Foodies and entertainment junkies. If you are one, you can maximize rewards with the Capital One SavorOne Cash Rewards Credit Card.

This is also one of the best credit card with cashback rewards and no annual fee that provides one of the highest cash-back rates on dining and entertainment purchases at 3%.

Also, It has one of the best welcome bonuses on the market.

Cardholders that spend $500 within the first three months of account opening, earn a 40% bonus.

In addition, if you need to finance upcoming purchases or refinance debt, you can benefit from 15 months of no interest.

More so, this card gives you access to exclusive entertainment events (concerts, food experiences, sporting events) and no foreign transaction fees.

5. Blue Cash Everyday® Card from American

The Blue Cash Everyday® Card from American Express is a robust card for grocery shoppers. 

It is one of the best credit card with cashback rewards and no annual fee. 

You can earn 1% cash back at U.S. supermarkets if you spend up to $6,000 per year in purchases. 

More so, you can also earn 3% cash back at U.S. gas stations, if you spend up to $6,000 per year, then 1%).

Meanwhile, there is a standard 1% cash back on all other eligible purchases.

This card grants you access to Amex Offers which provides statement credits.

You may also get a chance to receive additional rewards when shopping at select retailers. 

However, these limited-time offers are location-based and there are T&C applied.

Conclusion

Best credit card with cashback rewards and no annual fee is a way to save on your everyday purchases. 

You don’t need the hassle of redeeming rewards for travel if you use these cards. 

Moreover, according to the IRS, cash back rewards aren’t taxable. 

So you can take those rewards directly into your emergency fund or even further pad your brokerage account.

However, it is important to note the value of a point or mile varies from card to card and based on how you redeem them. 

We hope this post on the best credit card with cashback rewards and no annual fee will help you in choosing the best. 

Thanks for reading!

Don’t forget to drop your thoughts in the comments section. 

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