If you are looking for a no-fee credit card that offers cash back, there are plenty of available options. In fact, practically every bank that issues a credit card has at least one cash back option. Cash back credit cards are basically credit cards that let you earn cash based on your spending habits. Bonuses are a percentage of your purchases, and the more you use your credit card, the more you can earn. Redeem your cash back bonus for gift cards or apply the cash to your credit card balance.
But despite the fact that cash back bonuses offer an effortless way to earn cash, some people do not like these types of credit cards. Annual fees are commonly associated with cash back credit cards and these fees start around $59 a year. It’s the price you pay for a rewards card. But this should not stop you from obtaining a cash back credit card. Annual fees are not a hard, fast rule and several credit card companies offer no fee credit cards with cash back.
This no fee credit card offers 1% cash back on every purchase, plus you are eligible for a $100 bonus if you spend $500 in the first 90 days. An an even bigger incentive – you can earn a 50% bonus on the cash back you earn each year. Earn $20 in cash back bonuses a year and you will receive a $10 bonus each year. There is no expiration date and you will never lose your bonus cash. Enjoy a 0% introductory rate for the first 12 months, as well as 0% interest on balance transfers for the first 12 months.
This cash back no fee credit card periodically offers 5% cash back at gas stations, restaurants and department stores. Receive up to 1% cash back on all other purchases, and pay 0% interest on purchases and balance transfers for six and 18 months, respectively.
Pay no annual fee and earn a $100 cash back bonus if you spend $500 in the first 3 months. This credit card company introduces new cash back categories every three months, which gives you the opportunity to earn 5% cash back at movies, restaurants, gas stations and stores. Plus, you earn 1% cash back on all other purchases. Purchase from select online merchants and you can increase your cash back bonus to 10%. Receive 0% interest on purchases and balance transfers for the first 15 months.
Spend $1,000 on your card within the first 90 days and you may be eligible for a $100 cash back bonus. In addition, this credit card pays 3% cash back at grocery stores, as well as 2% cash back at gas stations and department stores. Shop anywhere else and enjoy 1% cash back on your purchases. Blue Cash Everyday from American Express does not offer balance transfers, but you can receive 0% interest on your purchases for the first 12 months.