SEATTLE, WA--(Marketwired - Apr 18, 2014) - Today, Creditnet.com, an online expert on credit cards, announced the best no overdraft fee credit cards. Most consumers overdraft their credit card at some point in their life, even if they are very careful with their finances. Luckily, there are many credit cards that have no overdraft fees. By using these cards, consumers can insure that a simple mistake does not result in high charges and fees.
To create their ranking of the best no overdraft fee credit cards, Creditnet experts looked at fees, introductory offers, rewards programs, customer reviews, and expert opinions. According to their findings, here are the best credit cards on the market today that have no overdraft fees:
Along with no overdraft fees, this card has no annual fees or foreign transaction fees. Discover offers a generous cash back program with 5% cash back on up to $1500 spent in rotating categories (currently Home Improvement Stores, Furniture Stores, and Bed, Bath, & Beyond) and 1% cash back on all other purchases. There is 0% intro APR on purchases and balance transfers for 14 months, and cardholders receive free FICO credit scores on all monthly statements. Users are also protected from unauthorized transactions with Discover's $0 Fraud Liability Guarantee.
The AccountNow Gold Visa Prepaid Card is another great option that charges no overdraft fees. Although this is a prepaid debit card, this card requires no credit check and has 100% guaranteed approval. Users don't have to pay an activation fee, and there is no minimum balance. Cardholders get paid up to 2 days faster with free direct deposit, and they can even earn a $15 Bonus with recurring direct deposit. These cards can be used virtually anywhere Visa Debit cards are accepted.
The Discover it - 18 Month Balance Transfer card rounds off Creditnet's list of the best no overdraft fee cards. This card has no overdraft fees, annual fees, or foreign transaction fees. Plus, cardholders have an 18 month 0% intro APR on balance transfers. There is also a 6 month 0% intro APR on purchases. Users can earn 5% cash back on up to $1500 spent in purchases in rotating categories (currently Home Improvement Stores, Furniture Stores, and Bed, Bath, & Beyond) and 1% cash back on all other purchases.
Overdrafting happens from time to time. So, these are the best credit cards to use to ensure that users do not have to pay for overdraft fees. However, it is important to use credit cards responsibly and not continually go over the limit. For more information regarding these credit cards, access Creditnet: http://www.creditnet.com/
Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.