Best NO ANNUAL FEE Credit Card?

Ampere Computing ENG!NERD
May 22 29 Comments

Folks,

I already have discover credit card and in search of one more. I am looking for a credit card that has no annual fee, good cashback and dont care about travel rewards.

How about Chase Freedom Unlimited?

TC: 80k, YOE: 1

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TOP 29 Comments
  • LinkedIn Zeiwkf5
    Why “no annual fee”? A lot of cards waive it first year. Cancel before the year is up. The initial bonus on a good card is worth about $500+.
    May 22 5
    • Amazon
      ps.ily

      Amazon

      PRE
      Google
      ps.ilymore
      Don’t cancel credit cards, you’ll decrease your credit score by losing card age and available credit, instead ask to change your card to a no-AF card
      May 22
    • Facebook / Eng confusd.me
      What is a non af card
      May 22
    • Thoughtworks / Eng nooop
      AF=Annual Fee
      May 22
    • Ampere Computing ENG!NERD
      OP
      100% def not gonna cancel credit card but changing from af to no-af seems interesting.
      May 22
    • LinkedIn Zeiwkf5
      Cancelling credit cards has very short term affect on your credit score. Also, credit score is not as important as you probably think. As long as you are “high enough” it’s really not much difference.
      May 23
  • Oracle hymnbook
    Citi double cash. Straight 2% cash back, no exclusions and no weird category to remember.
    May 22 0
  • Amazon BYFV87
    Citi double cash 2% cash back
    Amex Blue cash everyday if you buy a lot of groceries.
    May 22 0
  • Nvidia wagecuck
    Uber card for restaurants and cellphone bill (free warranty), discover and chase 5% rotating categories, Amex blue for groceries, citi double cash for everything else and large purchases (has great free extended warranty)
    May 22 2
    • Ampere Computing ENG!NERD
      OP
      Any thoughts on Chase Freedom?
      May 22
    • Nvidia wagecuck
      Yes, that’s the chase 5% I mentioned. Good for rotating categories.
      May 22
  • New / Consultant lifeisguud
    If you are not churning, you are not earning.
    May 22 0
  • AppDynamics jwuw07
    Citi double cash card. Hands down!
    May 22 0
  • Juniper Pliny Jr
    BofA Cash Rewards off you can afford to put 100k into Merrill Lynch or Checking/Savings. When you open a ML account that's $250 Bonus for the 100k and the card gives you $200 when you spend $1000. So effectively $450 for this scheme.

    Oh yeah, the free Travel card gives you 2.625% (75% Platinum Plus bonus) on everything and the Cash back card 5.25% (75%) in one category you choose. And it can be changed every 1st of the month. You can open two Cash back credit cards so you have one chosen category for Dining and the other card for Travel or Online spending depending on future attending plans. So basically 3 cards in this scheme.

    Also look into the Penfed AMEX. It gives 3% travel, etc and $100 in incidental travel expenses plus they cover your $100 fee for Global Entry or TSAPre--a no brainer to do it. The card also gives a bonus which is like $250+ when quantified. You had to be a govt employee before but now you can open the Penfed Checking, put $5 in to qualify so then you can successfully apply for the AMEX.
    May 22 2
    • Microsoft / Eng cvkpxa
      Why would someone making 80k put 100k in a savings account? You would make more money investing 90% of it
      May 22
    • Juniper Pliny Jr
      Nobody says you can't invest it. It just has to be 100k in assets. You can transfer an IRA, etc to meet the asset requirement.
      May 23
  • Oracle pzd
    Surprised that no one mentioned PayPal 2% cash back card. These are issued by synchrony bank. Customer service isn't on par with Citi, but pretty much the only other credit card that gives you 2% cash back on any category.
    May 22 2
    • Microsoft Specific
      But then you have to use PayPal...
      May 22
    • Oracle pzd
      You don't have to. It's just a regular credit card.
      May 22
  • Chase freedom unlimited for 20k at 3%.
    May 22 0
  • Cisco yAIx03
    Bank of America cash rewards...
    May 22 0
  • Amazon p997
    Wells Fargo Propel card has 3% on travel and eating out. No annual fee.
    May 22 1
    • Finisar
      knock_

      Finisar

      PRE
      Intel Corporation, Apple, NVIDIA, Qualcomm, Broadcom Inc., Xilinx, NXP Semiconductor, AMD, Western Digital
      knock_more
      Propel is only green card and citizens. I applied and later got to know this 😖😖
      May 22
  • New dodogo
    Uber’s credit card if you use Uber a lot. Definitely great cash backs. Apple Card if you have an iPhone nice on large purchases.
    May 22 1
    • Ampere Computing ENG!NERD
      OP
      I heard lot of issues from Uber as in freezing the account all of a sudden and data breach
      May 22
  • Amazon j2Neb1
    Uber
    May 22 1
  • Facebook gluteus
    Citi double cash
    May 22 0
  • Ampere Computing ENG!NERD
    OP
    Well, thanks for the unanimous response!

    Let me have a look at that.
    May 22 0