fbpx

Top 8 No Annual Fee Credit Cards in 2019 with Travel Rewards

No Annual Fee Credit Cards

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For more information check out our Advertising Disclosure.

When it comes to credit cards, the best things in life aren’t free.

Generally speaking, credit cards that come with an annual fee offer better rewards, which can easily offset the cost of the fee you are paying. It’s the main reason why we encourage readers to do the math before ruling out even cards with a hefty annual fee.

But we get it. Not everybody has an appetite or the budget to pay a fee just for holding a travel rewards credit card.

There are a number of no annual fee credit cards offering travel rewards that are worth a spot in your wallet. Here are some of our favorites, in no particular order.

 

The Chase Freedom Card

The Chase Freedom card is a fantastic card to combine with the Chase Sapphire Preferred or Sapphire Reserve credit cards. If you hold a Sapphire card, you can combine the cashback earned from the Freedom card into Chase Ultimate Rewards at a ratio of 1 cent equals 1 point and redeem them at 1.25 or 1.5 cents (depending on the Sapphire card you have) towards travel in the Chase portal. More card details below:

  • Welcome Offer: Earn $150 Bonus after you spend $500 in the first three months of card membership.
  • Earn 5% Cash Back: Earn 5% cashback on up to $1,500 in spending in rotating quarterly bonus categories.
  • Unlimited 1% Cash Back: Earn an unlimited 1% cashback on all other purchases.
  • Affected By The Chase 5/24 Rule: This card is subjected to Chase’s 5/24 rule, so this is something to be aware of before applying.
  • Click Here to learn more about the Chase Freedom Card. 

 

 

The Capital One VentureOne Rewards Credit Card

The Capital One VentureOne Rewards credit card is a great card that provides a lot of flexibility in how you use your miles. It is a great option for booking hotels via a partnership with hotels.com. Venture miles can also be transferred to 15 different airline transfer partners. Think of the VentureOne Card as the little brother of the Capital One Venture card which provides a better-earning rate, bonus miles, and credit for TSA PreCheck or Global Entry.

Capital One Venture Miles are fantastic for covering the cost of things traditional points and miles cannot cover like cruises, tours, or Airbnb.

  • Welcome Offer: Earn 20,000 miles after spending $1,000 in the first three months of card membership. ($200 in travel)
  • Earn 1.25x Miles: Earn a fixed 1.25x miles per dollar spent on every purchase.
  • Earn 10x Miles: Earn 10x miles when using your card to make purchases at hotels.com/venture
  • No Foreign Transaction Fees
  • Click Here to learn more about the Capital One VentureOne Rewards Credit Card.

 

No Annual Fee Credit Cards

 

The Chase Freedom Unlimited Card

The Chase Freedom Unlimited card launched in 2016 as an offshoot of the original Chase Freedom card mentioned above. Instead of rotating quarterly bonus categories, the card earns a straight 3% cashback on all spending in your first year up to $20,000, then 1.5% cashback after that with no annual limit.

Just like the regular Freedom card, if you hold a Sapphire card, you can combine the points earned from the Freedom Unlimited and redeem them at 1.25 or 1.5 cents (depending on the Sapphire card you have) towards travel in the Chase portal. The 3% cashback you will earn on every dollar spent equates to 3 Ultimate Rewards points after you transfer them. You can read more about this here, and see more card details below:

  • Earn 3% back on all spending up to $20,000 in your first year of card membership. Earn 1.5% back with no limit after that.
  • Affected By The Chase 5/24 Rule: This card is subjected to Chase’s 5/24 rule, so this is something to be aware of before applying.
  • Click Here to learn more about the Freedom Unlimited card. 

 

 

Hilton Honors American Express Card

The no annual fee Hilton Honors American Express Card is offering an increased welcome offer bonus of 90,000 Hilton Honors points after spending $2,000 in the first three months of card membership. However, this limited-time offer ends on August 28.

Just for holding the card, you will receive Hilton Honors Silver status, and you can earn Hilton’s Gold status by spending $20,000 or more in a calendar year. We think Hilton’s Gold status is the best mid-tier hotel program.

See the full card details below:

  • Welcome Offer: Earn 90,000 Points after spending $2,000 in the first three months of card membership. Offer expires August 28, 2019.
  • Earn Hilton Honors Silver Status: For as long as you have the card.
  • Earn Hilton Gold Status: If you spend $20,000 or more in a calendar year, you will earn Hilton’s Gold status.
  • 7x Hilton Honors Points:  At participating hotels in the Hilton portfolio.
  • 5x Hilton Honors Points: At U.S. restaurants, U.S. supermarkets, and U.S. gas stations.
  • 3x Hilton Honors Points: On all other purchases.
  • No foreign transaction fees.
  • No Annual Fee
  • Click Here to learn more about the Hilton Honors American Express Card.

 

 

The PenFed Pathfinder Rewards Credit Card

PenFed is the second-largest federal credit union in the United States. And last year, they launched an intriguing no annual fee travel rewards credit card. The Pathfinder Rewards credit card does require you to be a member of the credit union, but this is very easy to do. It is the only no annual fee travel rewards credit card offering an application credit for Global Entry or TSA Pre✓.

As mentioned above, you need to be a PenFed member to apply for the card. If you are a member of the military, then you will automatically qualify for membership. If not, the easiest way to do this is right on the application for the card. Simply donate $17 to the National Military Family Organization or Voices for America’s Troops, and you will be able to join. This is a one time fee that will get you a lifetime membership with the credit union.

In our experience, PenFed also has the top rates on auto loans and mortgages as well. It’s a great way to bank and it’s our favorite credit union.

More card details below:

  • Welcome Offer: Earn 25,000 points after you spend $2,500 in the first three months of card membership.
  • 3x Points On Travel: You will earn 3x points on all travel purchases and 1.5x points per dollar on all other spend.
  • $100 Annual Airline Incidental fee credit: Intended to pay for incidental airline fees such as checked bags.
  • $100 Application Fee Credit for Global Entry or TSA PreCheck: If you apply for either Global Entry or TSA PreCheck and pay with the PenFed Pathfinder Rewards card, the application cost will be reimbursed ($100 for Global Entry and $85 for TSA PreCheck). You will receive this benefit once every four years.
  • Join the National Military Family Association: to be eligible for a PenFed account. Learn more about that here.
  • No Foreign Transaction Fees
  • Click Here to learn more about the PenFed Pathfinder Rewards Credit Card (for full disclosure this is not an affiliate link).

 

No Annual Fee Credit Cards

 

Amex EveryDay Credit Card

The Amex EverDay Credit Card is a great no annual fee card option that earns Membership Rewards points. If you use the card for at least 20 transactions in a month, you will be rewarded with a 20% bonus on all the points you earned.

The card also earns 2x Membership Rewards points on the first $6,000 spent each year at U.S. supermarkets (then 1x).

See more card details below:

  • Welcome Offer: Earn 15,000 bonus points after spending $1,000 in the first 3 months of card membership.
  • 20% More Points:  When you use your card 20 or more times in a billing period, you will earn a 20% points bonus on those purchases.
  • 2x Points: Earn 2x points at U.S. supermarkets on up to $6,000 of spending each year.
  • 0% Intro APR: Receive a 0% APR for the first 15 months from account opening.
  • No Annual Fee
  • Click Here to learn more about the Amex EveryDay Credit Card (for full disclosure this is not an affiliate link).

 

 

Wells Fargo Propel Credit Card Card

The Wells Fargo Propel credit card is another great no annual fee travel rewards credit card. The card earns 30,000 bonus points after spending $3,000 on the card within the first three months. These can be redeemed for up to $300 towards travel.

  • Welcome Offer: Earn 30,000 bonus points after spending $3,000 in the first three months of card membership.
  • 3x Points on travel, eating out and ordering in, gas stations and streaming services like Hulu & Netflix
  • 0% Intro APR: Receive a 0% APR for the first 12 months from account opening.
  • Click Here to learn more about the Wells Fargo Propel Credit Card (for full disclosure this is not an affiliate link).

 

The Blue Business Plus Business Credit Card from American Express

The Blue Business Plus credit card from American Express is one of my favorite no annual fee credit cards. It is a business card, but it earns 2X Membership Rewards points on all purchases up to $50,000 a year. I place a high value on Membership Rewards because of the flexibility they provide. For example, they can be transferred at a 1:1 ratio directly into your Delta SkyMiles account.

The card doesn’t offer a welcome bonus, but that shouldn’t deter you from getting the card. Earning 2x Membership Rewards points on every purchase is an incredible offer. More card details below:

  • Welcome Offer: None
  • Earn 2x Membership Rewards points on the first $50,000 in purchases each year. Earn 1Xxpoints thereafter.
  • Click Here to learn more about the Blue Business Plus Card from American Express. 

 

 

Thrifty Tip: Almost anybody can be approved for an American Express business credit card. Read our guide to applying here.

 

Bottom Line

While the rewards structure on cards with an annual fee is usually better, no annual fee credit cards can still provide good value. This list contains our favorites, and should be the eight you focus on if you are considering no annual fee credit cards to earn points and miles.

 

Subscribe to our Daily Beat, like us on Facebook, and follow us on Twitter & Instagram

 

Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *