There are credit cards out there that offer consumers some of the best credit cards with no annual fee and no cash back rewards. Unfortunately not every card offers these perks. There are some that only offer consumers air miles and other incentives. If you are in the market for one of the best credit cards with no annual fee and no cash back rewards, then you will want to know what things to look for.
Make sure that you do your research. You can get information on credit card plans from the website of the three credit card issuers. Each of the issuers have their own websites where you can get more information about their product. You can also go to the official website for the three credit card issuers. You can get there and fill out a form to request a free no obligation quote.
If you fill out this form at the official card issuer's website, make sure that you provide accurate information. Also, make sure that you provide all the same information for each card request that you fill out. This is because different credit card companies calculate the APR differently. If you have some information that is inaccurate, this can skew the calculation that the card company uses to determine your annual fee and cash back amount.
When looking for the best credit cards with no annual fee and no cash back rewards, it is important to find a card that has a low interest rate. While you may be tempted to get a card with a low interest rate because of the rewards, these cards often have very high service fees. Therefore, if you are getting a card with rewards to offset your high interest rates, then you might be better off just applying for a lower interest rate credit card. The bottom line is that you need to make sure that you have enough money in savings or in liquid assets to cover the interest on your new card.
Check out the terms and conditions of the credit card issuer. Many times the best credit cards with no annual fee and no cash back rewards come with terms and conditions that are less than desirable. Make sure that you find out exactly what you can and cannot do with your new credit card. Some cards only offer Web access, which is a fancy way of saying that you can surf the web on your credit card. However, there may be limits to what you can do online.
Look into any customer service perks that the credit card offers. A credit card with a cash back program might be enticing, but if there are no customer service options, this can drive you away from this card. Even if you don't like the cash back program, you want a credit card company that offers good customer service. After all, you will be talking to this company every month!
Lastly, find out how much the annual fees are going to cost you. These fees can often add up quickly, so find out how much they will cost you today. Remember, if you have a lot of debt already, you may not be able to get the best credit cards with no annual fee and cash back benefits. If your credit is excellent, you should be able to find a card with low interest, no annual fees, and cash back features that fit your needs. Finding the best card for your needs should be easy, as long as you take your time.
It really doesn't matter what your credit score is right now. If you are in great shape, the best credit cards with no annual fee and cash back benefits will most likely fit you. If you have bad credit, you may want to consider another option. However, you can easily shop around and find one of the best credit cards with no annual fee and cash back benefits to suit your needs today.