No annual fee credit cards

How do no annual fee credit cards work?

A no annual fee credit card is a great option if you use your card for only select purchases or you just don’t want to worry about whether you’ve spent enough to justify the fee.

Many cash back credit cards, low interest rate credit cards and balance transfer credit cards have no annual fees.

Annual fees are more common with airline credit cards and premium rewards cards as a way to offset the cost of additional benefits.

Do no annual fee credit cards offer rewards?

Many no annual fee credit cards come with great benefits so you can enjoy the best of both worlds. The U.S. Bank Altitude^® Go Visa Signature^® Card and U.S. Bank Cash+^® Visa Signature^® Card offer rewards, while the U.S. Bank Visa^® Platinum Card offers a low rate.

What do I need to know before selecting a no annual fee credit card?

Before you select a no annual fee credit card compare the interest rate and cash back rewards of other cards to see if the annual fee is worth it.

And consider your lifestyle and spending habits. For example, a travel card that charges an annual fee in exchange for free checked bags, priority boarding and other perks may save you money.