Best No-Fee Cash Back Credit CardsEarning cash back on your credit card purchases is a good way to get more bang for your buck, but those savings go down when your credit card has fees that put a dent in your rewards. With the right card, though, fees aren’t a worry. There are rewards cards that don’t charge annual fees or foreign transaction fees, letting you earn cash back when you’re home or traveling internationally without spending a cent extra. For consumers who are fee-averse and hungry for rewards, we’re highlighting a few of our favorite no-fee cash back credit cards.


Best for flat cash back: Capital One Quicksilver Cash Rewards Credit Card

  • Unlimited 1.5% cash back on all purchases
  • $150 cash back bonus when you spend $500 on purchases in the first 3 months
  • Lets you automatically redeem rewards as statement credit
  • 15-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee)

Credit required: Good to excellent credit (usually considered a credit score of 700 or higher)

Why we like it: Every benefit the Capital One Quicksilver Cash Rewards Credit Card provides is simple and straightforward — all with no annual fee and no foreign transaction fees. This card earns a flat 1.5% cash back on all purchases, a $150 intro bonus that you’ll earn after spending $500 on purchases within your first 3 months of card ownership and a 15-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee). It’s an especially good choice if you don’t want to spend much time worrying about your rewards, as your cash back on this card never expires and you can set your account to automatically redeem your cash back as statement credit every time your earned cash back reaches your pre-selected threshold. Visit our Capital One Quicksilver Cash Rewards Credit Card review to get all the details for this card.


Best for rotating cash back: Discover it Cash Back

  • 5% cash back on rotating categories (up to a quarterly max, currently $1,500, then 1% cash back)
  • Discover will match all the cash back you’ve earned at the end of your first year of card ownership
  • Long 0% intro APR on purchases and on balance transfers (after the 0% intro APR expires, a variable go-to rate applies)

Credit required: Average to excellent credit (usually considered a credit score of 670 or higher)

Why we like it: Discover it Cash Back earns a very impressive 5% cash back on rotating categories every quarter you activate (up to a quarterly max, currently $1,500, then 1% cash back) and 1% cash back on other purchases. The categories are useful, covering gas stations purchases as well as Uber and Lyft rides from April to June; restaurants and PayPal from July to September; and Amazon.com, Target and Walmart.com purchases from October to December. You’ll need to activate your 5% cash back rewards each quarter to claim them, but you can set up free reminder emails from Discover so you don’t forget. To sweeten the deal, Discover will match all of the cash back you’ve earned throughout your first year as a cardholder, boosting your first year cash back rate to 10% on rotating categories (up to the quarterly maximum) and 2% on all other purchases. Additionally, Discover it Cash Back, which has no foreign transaction fees or annual fee, comes with a 14-month 0% intro APR on purchases and balance transfers — with a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms) — and provides a host of extra perks, like free identity theft protection alerts. For a full list of this card’s features, read our Discover it Cash Back review.


Best for categorized cash back: Capital One SavorOne Cash Rewards Credit Card

  • Unlimited 3% cash back on dining and entertainment purchases, 2% at grocery stores and 1% on all other purchases
  • $150 cash back bonus after spending $500 on purchases in the first 3 months
  • 15-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee)

Credit required: Good to excellent credit (usually considered a credit score of 700 or higher)

Why we like it: Indispensable for going out, the Capital One SavorOne Cash Rewards Credit Card not only comes with no annual fee or foreign transaction fees, but also earns a great deal of rewards. With this card you’ll enjoy an unlimited 3% cash back on dining and entertainment purchases, earning rewards at restaurants, movie theaters, sporting events, concerts and more. You’ll also get a helpful 2% cash back at grocery stores and 1% cash back on all other purchases. Plus, similar to the Capital One Quicksilver Cash Rewards Credit Card, after spending just $500 on purchases in your first 3 months, you’ll earn a nice $150 intro bonus. See everything this card has to offer by heading to our Capital One SavorOne Cash Rewards Credit Card review.

If you’re willing to pay an annual fee for a version of this card with higher cash back rates and a bigger intro bonus, check out the premium Capital One Savor Cash Rewards Credit Card.


To see more options, take a look at our cash back credit card reviews and find the card that works best with your life.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.