SEATTLE, WA--(Marketwired - Mar 20, 2014) - Today, MyRatePlan.com, a leading online authority for credit cards and cell phones, announced the best no annual fee credit cards of 2014. With a no annual fee card, consumers can save a lot of money by simply not paying to carry a credit card. Many of these cards also offer great rewards, low or no fees, introductory offers, cash back programs, and more.
In creating their ranking of the best no annual fee credit cards of 2014, MyRatePlan experts looked at several factors, including annual fees, introductory offers, rewards programs, balance transfer terms, customer reviews, and expert opinions. According to their findings, here are the best no annual fee credit cards available for consumers today:
Not only is there no annual fee, but the Discover it card has no overlimit fees or foreign transaction fees. In addition, this card has a generous cash back policy with cardholders earning 5% cash back on up to $1500 in rotating categories and 1% cash back on all other purchases. There is an introductory offer of 0% intro APR on purchases and balance transfers for 14 months, and users are always safe from identity theft with Discover's $0 Fraud Liability Guarantee. Discover it also gives card members free FICO credit scores on all monthly statements.
Like the Discover it card, the Citi Simplicity Card has no annual fee. There is a 0% intro APR on purchases and balance transfers for 18 months, and cardholders never have to pay late fees or penalty rates. With this card, there is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater. This simple card is easy to use, and cardholders have access to fast, personal help 24 hours a day.
The Barclaycard Rewards MasterCard - Excellent Credit card rounds off MyRatePlan's list of the best no annual fee credit cards. With this card, users can earn 2 points for every dollar spent on gas, grocery, and utility purchases and 1 point for every dollar spent anywhere else. These points are used like cash to pay for almost any purchases made. There are no blackout dates, redemption fees, or limits on the points that members can earn. Furthermore, there is a 0% intro APR on purchases and balance transfers and complimentary FICO scores are a benefit to active cardholders.
These are the best credit cards with no annual fees on the market today. For more information regarding no annual fee credit cards, access MyRatePlan's innovative comparison tool: http://compare.myrateplan.com/credit-cards/compare/compare-credit-cards-no-annual-fee
MyRatePlan.com is a leading comparison site that allows users to compare credit cards, mobile phones, cell phone plans, and more. MyRatePlan was founded in 1999 to help users find the best recommendations for them based on innovative and proprietary tools and customer input.