Discover More Credit Card

Apply for the Discover® More Card.  Our preferred choice for people looking for a no yearly fee credit card is the Discover More credit card.  With some of the best cash rewards in the industry (5% in many categories like travel, gas, groceries, and more) you can get rewarded and essentially free money by using their credit card and paying off the balance each month.  Apply for the Discover® More Card right now!

In the frantic search for credit card options, many consumers weigh the benefits of a no annual fee credit card. It is important to note that this kind of offer often comes with a time limit and may only give a zero-percent annual fee for a 12-month billing cycle. Some even offer a short six-month no-interest campaign. To be sure of the details, it is always necessary to read the terms and conditions very closely.

Some financing companies reserve the right to change the rates and terms at any time. Usually, this may happen on a no annual feed credit card if you fail to make the monthly minimum payment on your balance by the due date or you exceed your credit limit. Credit card companies consider these acts defaults.

They may consider several factors to either give your default or enforce a penalty, including the length of time you have had the account, the seriousness of the default, credit history from the credit reporting agencies and your account usage. The final decision, however, is always up to the issuing company.

Chase Freedom Card

The Chase Freedom Card offers $50 cash back after you make your initial purchase. Additionally, this card gives bonus cash-back percentages when you make certain purchases. For online shopping with selected merchants, Chase will give you 20 percent cash back. A three-percent cash back bonus is available for purchases made for home improvement, gas, and at some department stores. No matter what you buy, you will be guaranteed the Chase one-percent cash-back bonus, with no limits or restrictions.

Citi Platinum Select MasterCard

Citi Platinum Select MasterCard offers zero percent interest for up to nine months. You can transfer balances from other cards to consolidate all of your debt, manage your account online and receive discounts on travel, gift cards and other purchases. One key feature of the Citi MasterCard is its Identity Theft Solutions plan. It provides no liability for unauthorized purchases and has measure in place to protect your account from those who might steal your card or information.

Capital One No Hassle Miles Rewards Card

The Capital One No Hassle Miles Rewards is the ideal no annual fee credit card for frequent travelers. Through a point system, you are able to accumulate miles that can be applied for any destination. The miles do not expire, and there is no limit on how many miles you can earn. A plus to last-minute travelers, this card also offers no seat restrictions or blackout dates. Best of all, you can redeem the points for things other than travel, if you wish. The zero-percent interest rate ends for this card in November 2010.

The Discover More card gives a five-percent cash-back bonus for purchases in several categories, including home improvement, gas, restaurants and even pet stores. For cardholders who shop at the Discover online exclusive site, there is a cash-back potential of up to 20 percent.

The ranges of services offered by the no annual fee credit card are endless. Some offer concierge services, email and text alerts, and a ton of opportunities to redeem points or cash earned through bonus shopping programs. Knowing how you shop and which products are most valuable to you will help you select a credit card that is the best fit for your purchasing or traveling habits. Remember to be mindful of when the zero annual percentage rate expires and try to have a low or paid-off balance by the time the interest kicks in.