A no annual fee credit card signifies no annual charges for servicing your account annually. This may include both no balance transfer fee card offers and low APR credit card offers. Most of the no annual fee credit cards offer 0% introductory interest rate, which implies that the cardholder can have a free loan with his free credit card for the introductory period. A no annual fee credit card can also make you earn miles, cash back, merchandise, hotel stays, and may more facilities. No annual fee credit cards are issued by Visa, MasterCard, American Express, and Discover.
Various no annual fee credit cards and their features and benefits:
Discover® More(SM) Card
Cashback Bonus
0% Intro BT APR
No Annual Fee
$0 fraud liability
The cardholder can double his Cash back Bonus® when he will redeem his bonus for gift cards or certificates from any of its 60 branded partners.
0% Introductory APR on Purchases and Balance Transfers
Earn 5% Cashback Bonus® on Get More Program purchases at places like bookstores, home improvement stores, gas stations, restaurants, etc.
On all other purchases, get a full 1% Cashback Bonus®.
Platinum Plus® MasterCard® Credit Card
Low intro rate of 1.99% for 10 months on balance transfers, including cheque cash advances
Credit limit up to $100,000!
Immediate cash access at over 430,000 ABMs worldwide
Fraud protection
Online account access
24-hour customer service
Citi® Platinum Select® MasterCard®
0% Intro APR
No Annual Fee
Online Account Mgmt
No Annual Fee
Intro 0% APR on Purchases and Balance Transfers for 6 months
Zero Liability on Unauthorized Purchases by Citi® Identity Theft Solutions
Secure, Free Online Account Management
Save extra cash
Discounts on travel, merchandise, gift cards etc
Discover® More(SM) Card – American Flag
5% to 20% Cashback Bonus® at Top Online Retailers
Up to 1% rebate on all other general purchases
Double rebate when you redeem for gift cards from over 100 Cash back Bonus® Partners