A credit card that offers cash rewards, a low interest rate and no annual fee? What’s the catch? There might not be one – you may just have scored a good deal.
The best credit cards are the cheapest credit cards and annual fees are often the biggest out-of-pocket expense for consumers who never, or rarely, carry a balance.
They range from $80 or $90 for a typical airline reward card to $500 for prestige cards that cater to the famous and well-to-do — and those who think the card will make them appear famous and well-to-do.
Don’t be fooled by offers that waive the fee for the first year. You’ll forget about it and then 13 months later find a $200 fee charged to your account.
So I’ve been shopping around for the best credit cards with no annual fees.
I found some incredibly attractive terms. Up to 5% cash back on purchases. No interest and even no fees on balance transfers. Introductory interest rates of 0% on purchases and regular interest rates as low as 10.9%. Even a sign-up bonus.
Could one of these be the perfect plastic companion for you?
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