The Best No Annual Fee Credit Cards of 2014

One of the biggest factors people use to pick a credit card is whether or not it has an annual fee.  Credit cards with no annual fee are exponentially more popular than those who charge members each year for the privilege of carrying the plastic.  But sometimes, the price a consumer will pay by avoiding an annual fee is high, due to a higher interest rate and reduced rewards program. In fact, some of the most rewarding credit cards I use come with a fee.

But for those looking to avoid the cost, I’ve compiled an extensive list of the best no annual fee credit cards, taking into account everything that creates a quality credit card.

DR Favorite

Discover it®
Discover it®
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  • 0% intro APR on balance transfers for 18 months - then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • 0% intro APR on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%
  • Over 5,000 cardmembers rated 4.8 out of 5 stars* and now Discover "Ranked Highest in Customer Satisfaction with Credit Card Companies in a Tie" by J.D. Power+
  • 5% cash back for online shopping and department store purchases on up to $1,500 - Oct. through Dec. 2014 when you sign up for 5%*. 1% cash back on all other purchases.
  • Free FICO® Credit Score online and on monthly statements.*
  • No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee.*
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text and never responsible for unauthorized Discover card purchases.
  • *See rates, rewards, free FICO® Credit Score terms,balance transfer terms and other info by clicking "Apply."
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 6 Months 0% 18 Months 10.99% – 22.99%* Variable $0
741 Average credit score approved for this card† 702 Lowest credit score approved for this card†

Barclaycard® Rewards MasterCard® - Average Credit
Barclaycard® Rewards MasterCard® - Average Credit
Apply Now...
at Barclaycard's
secure site
  • No annual fee
  • Earn 2 points per $1 on gas, grocery, and utility purchases and 1 point per $1 everywhere else
  • Use the points you earn like cash to pay for almost any purchases you've made.
  • No blackout date, no redemption fees, no limit on the points you can earn and no complicated set up.
  • Reports to all 3 major credit bureaus monthly providing you the opportunity to rebuild your credit score
  • Complimentary FICO® Scores as a benefit to active cardmembers. Opt-in to have instant and convenient access to FICO® Scores from your Barclaycard online account.
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
N/A N/A N/A N/A 24.99%* Variable $0
664 Average credit score approved for this card† 591 Lowest credit score approved for this card†

U.S. Bank Visa® Platinum Card
U.S. Bank Visa® Platinum Card
Apply Now...
at US Bank's
secure site
  • 0% Intro APR* on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 9.99%-23.99%
  • No annual fee*
  • Online bill pay for a fast and convenient way to pay bills online with your U.S. Bank Visa® Platinum
  • $0 fraud liability* for unauthorized transactions if your card is ever lost or stolen
  • Fraud Protection detects and notifies you of any unusual card activity to help prevent fraud
  • Online account management and account alerts
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
0% 15 Months 0% 15 Months 9.99% – 23.99%* Variable $0
679 Average credit score approved for this card† 591 Lowest credit score approved for this card†

The Travelocity® Rewards American Express® Card
The Travelocity® Rewards American Express® Card
Apply Now...
at Barclaycard's
secure site
  • Earn 5,000 bonus points after your first purchase
  • Earn 3 points per $1 spent on eligible Travelocity purchases
  • Earn 1 point per $1 spent on all other purchases
  • Points can be redeemed for statement credits towards Travelocity purchases for Flights, eligible Hotels and Vacation Packages, with no blackout dates
  • No Annual Fee
  • Please see Terms and Conditions for complete details
Purchases Balance Transfers Regular APR Annual Fee
Intro APR Intro APR Period Intro APR Intro APR Period
N/A N/A 0% intro
within 45 days of account opening
15 Months 14.99%, 21.99% or 24.99%* Variable $0
0 Average credit score approved for this card† 0 Lowest credit score approved for this card†

Published or Updated: November 17, 2014
About Rob Berger

Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.

Comments

  1. Robert Craddick says:

    I am retiring soon and will have 150,000.00 in cash and a pension of 2500.00 per month. I have less than good credit. My question is this: will a bank or institution give me a credit card for car rentals and the like? Thank you for your time.

  2. It’s really a cool and helpful piece of info. I’m happy that you just shared this helpful information with us. Please stay us up to date like this. Thanks for sharing.

  3. B. Shapiro says:

    PenFed Visa dropped their cash rewards for other than gas purchases to 0.25 percent BEFORE you updated in March. You need to update your info!

    • Rob Berger says:

      Thanks for bringing this to my attention. That’s a significant change to the rewards. Still a great gas rewards card, but not for other purchases.

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