The 10 Best No Annual Fee Credit Cards – All With a 2% or Better Return

Everyone should have at least 1 credit card without an annual fee. When a card is free to keep forever, you never have to second-guess it. And the card works its powers on your credit report to increase available limits, decrease utilization, and help boost the average age of all your accounts.

My oldest credit card is from 2002 and has no annual fee. No matter how many new cards I open, I’ll always have a 16-year-old card to raise the average age of my accounts higher and therefore, my credit score.

When a card has a fee, it’s harder to justify keeping it – unless you get outsized value.

But having a card without an annual fee doesn’t mean you have to give up solid returns. All of the cards on this list can get you 2% back or better.

Discover It is one of the best no annual fee cards – up to 10% cashback the first year. I’ll share my top 10 faves!

Here’s my list.

10 best no annual fee credit cards

For the purpose of this list, I only included cards with the best rewards. Getting 1.5% cashback isn’t good enough for a card to get a spot – unless you can somehow increase the value.

A few of these cards earn points or miles. So know I personally value all my points and miles at 2 cents each, or a 2% return on spending.

That’s because I’d never use my points for award travel if they’re not worth at least that much against the paid price. No points “valuations” here like The Points Guy and others