What are the Top No Annual Fee Credit Cards for 2015?

No Annual Fee Credit Cards for 2015: Top Picks

Credit cards have become an essential tool in modern life, and choosing the right one can help you save money and enjoy rewards. However, with so many options available, it can be challenging to find the best no annual fee credit card for your needs. In this article, we will explore the topno annual fee credit cardsfor 2015 and provide some useful tips on how to select the right one for you.

Discover it Cash Back Card

The Discover it Cash Back Card is an excellent option for those looking for a no annual fee credit card with rewards. This card offers 5% cash back on rotating categories throughout the year, such as gas stations, grocery stores, and restaurants. Additionally, cardholders can earn 1% cash back on all other purchases. Discover also provides an excellent bonus for new cardholders, as they will match all the cash back earned within the first year.

Chase Freedom Card

The Chase Freedom Card is another great option for those seeking a no annual fee credit card with rewards. This card offers 5% cash back on rotating categories throughout the year, such as gas stations, grocery stores, and department stores. Additionally, cardholders can earn 1% cash back on all other purchases. New cardholders can also earn a bonus of $150 after spending $500 within the first three months of opening the account.

Citi Double Cash Card

If you prefer a straightforward cash-back credit card, the Citi Double Cash Card could be an excellent choice for you. This card offers 2% cash back on all purchases, with no rotating categories or limits. Cardholders can earn 1% cash back when they make a purchase and an additional 1% cash back when they pay for that purchase. This card also has no limit on the amount of cash back that can be earned.

Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Credit Card is another excellent option for those seeking a simple cash-back credit card. This card offers 1.5% cash back on all purchases, with no rotating categories or limits. New cardholders can also earn a bonus of $150 after spending $500 within the first three months of opening the account.

Tips for Choosing the Right No Annual Fee Credit Card

When selecting a no annual fee credit card, it is essential to consider your spending habits and priorities. If you frequently shop at specific retailers or categories, a card with rotating categories may be the best fit for you. If you prefer simplicity and predictability, a card that offers a flat cash-back rate on all purchases may be the better option.

It is also crucial to review the card's terms and conditions carefully, particularly regarding interest rates, fees, and rewards redemption options. Be sure to read the fine print and understand the card's limitations and restrictions before applying.

Credit Card Saving Strategies

Using a credit card wisely can help you save money and earn rewards. One way to maximize your savings is to pay your balance in full each month to avoid interest charges. Additionally, if your card offers cash back or rewards points, be sure to redeem them regularly to avoid losing them.

Another way to save money with a credit card is to take advantage of promotional offers and discounts. Many credit cards offer exclusive deals and discounts at select retailers, restaurants, and travel providers. By using your card for these purchases, you can save money and earn rewards at the same time.

Avoiding Annual Fees and Risks

Annual fees can add up quickly, so choosing a no annual fee credit card can help you save money in the long run. However, it is important to note that some cards may have other fees, such as balance transfer fees, foreign transaction fees, or late payment fees. Be sure to review the card's fees and charges carefully before applying.

To avoid risks associated with credit card use, it is essential to use your card responsibly and pay your balance on time. Late payments can hurt your credit score and result in costly fees and interest charges. Additionally, be sure to monitor your account regularly for any unauthorized charges or suspicious activity.

Credit Card Company Recommendations

When selecting a credit card, it is important to consider the reputation and customer service of the card issuer. Some of the top credit card companies in the US include American Express, Chase, Capital One, Discover, and Citi. These companies are known for their excellent customer service, competitive rewards programs, and innovative features.

In conclusion, selecting the right no annual fee credit card can help you save money and earn rewards. By considering your spending habits and priorities, reviewing the card's terms and conditions, and using your card responsibly, you can make the most of your credit card and enjoy its benefits for years to come.