Once you pay an annual
fee on a cashback card you're essentially starting from a net negative position
Not exact matches
If you're
on the lower end of the spectrum, this card offers one of the best interest
fees around, even beating out the Discover it ® —
Cashback Match ™ card!
I also include a free excel model which readers can download and use to input their own amounts for things like purchases, gas, groceries, annual
fee on the card and
cashback.
For example, if your other available card for general spending earns 2 %, such as the Citi ® Double Cash Card or the Fidelity ® Rewards Visa Signature ® Card, then you'd need to spend $ 11,800 (i.e. $ 59 / 0.005) to break even
on the annual
fee and any spending beyond that threshold would tip the scales in favor of the Alliant
Cashback Visa ® Signature.
The
cashback on the annual
fees for a National Bank Mastercard credit card can only be applied one time, at enrolment.
Some of them offer better interest rates, lower
fees, better
cashback options and so
on.
The Amex Platinum
Cashback Everyday (eligibility calc / apply *) is the top fee - free card, especially if you've big spending to do in the next few months, as it has a great 5 % introductory rate (though this is only on your first # 2,000 spending, so max # 100), then tiered ongoing c
Cashback Everyday (eligibility calc / apply *) is the top
fee - free card, especially if you've big spending to do in the next few months, as it has a great 5 % introductory rate (though this is only
on your first # 2,000 spending, so max # 100), then tiered ongoing
cashbackcashback.
PenFed (Visa Platinum
Cashback Rewards) * Earn 2 % cash back
on supermarket purchases * Earn 5 % cash back from gas purchases * Earn 1.25 % cash back from all other purchases * No Annual
Fee * Cash Rewards credited each month * No special restrictions to earn your cash rewards * Limited Time - 5 % cash back
on your first $ 4000 of airfare purchases per month.
There's no shortage of no -
fee cashback credit cards
on the market.
With Discover
Cashback Checking, you are not charged any monthly
fees and you get 1 % cash back
on up to $ 3,000 in debit card purchases per month.
CIMB Visa Infinite Card is a no -
fee flat rate
cashback card rewarding 1 %
cashback on all local expenses, and 2 %
cashback on all travel, overseas and online foreign currency expenditures.
Paypal's
Cashback Mastercard has no annual
fee and earn a flat 2 % cash back
on all purchases into your Paypal account.
Same Rate
on Purchases, Cash and Transfers View
Cashback Rewards Plus American Express Rates and
Fees
Same Rate
on Purchases, Cash and Transfers View USAA
Cashback Rewards Plus American Express Credit Card Rates and
Fees
With
CashBack Checking from Bank of Internet USA, you'll earn up to 1.00 % 1,2 cash back
on your signature - based transactions, plus you'll enjoy easy online access to your checking account while paying no annual
fees or monthly maintenance
fees.
Free
CashBack checks or 30 % discount
on custom checks (Delivery
fee applies and varies by location and postal charges)
There is the extra 1 %
cashback on Amazon.ca purchases so likely a small additional bump to average better than 1 % return for a no
fee card.
Most
cashback cards offer no annual fee, yet they can have sign - up bonuses of up to $ 200, such as the Wells Fargo Cash Wise, and a couple offer 5 % rotating categories, such as the Chase Freedom and the Discover it Cashback Match (enroll each quarter to earn 5 % cash back on up to $ 1,500 in purchases made in various categories throughout th
cashback cards offer no annual
fee, yet they can have sign - up bonuses of up to $ 200, such as the Wells Fargo Cash Wise, and a couple offer 5 % rotating categories, such as the Chase Freedom and the Discover it
Cashback Match (enroll each quarter to earn 5 % cash back on up to $ 1,500 in purchases made in various categories throughout th
Cashback Match (enroll each quarter to earn 5 % cash back
on up to $ 1,500 in purchases made in various categories throughout the year).
Keep in mind that you will not be able to use any of these cards for other purchases, so you may want to supplement the store credit card with a no annual
fee cashback card for the purpose of earning rewards
on all of your expenditures.
That's better than any other
cashback card
on the market, and the card's free to hold since there's no annual
fee.
This would have been a better offer if there is a signup bonus, there are other cards like Capital One Quicksilver that is similar to this card (1.5 %
cashback on all purchases, No Annual
fee, 0 % APR
on purchases for 9 months) and the difference is Capital One Quicksilver offers $ 100 signup bonus vs. Discover it Miles card offering an addition 1.5 %
cashback on all your purchases for the first year.
There's no shortage of no -
fee cashback credit cards
on the market.
While that would be a nice perk, many no -
fee cards forgo that benefit, particularly if they offer generous
cashback rates
on everyday purchases.
PayPal is introducing the PayPal
Cashback Mastercard that offers customers 2 percent cash back
on purchases with no annual
fee.
This card doesn't have an annual
fee and is a great choice because you can choose your 3.0 percent
cashback category based
on where you spend the most money.
For example, Discover has «10 charitable partners» that accept monetary donations through its
Cashback Bonus rewards program and charge no
fees on those gifts, says Towson.
overlooked is the Costco (American Express) card - 2 %
on restaurants -
cashback paid annually (bummer) plus, of course the Costco membership
fee.
Try the BMO ® SPC ®
CashBack ® MasterCard for a no -
fee card option that gives you all the benefits of an SPC card, plus a 1 % cash back rate
on all purchases.
No annual
fee and 2 %
cashback on all purchases.
Discover Card ($ 0 annual
fee): They offer 1 %
cashback on everything and have 5 %
cashback bonus that changes categories every quarter.
For a card with no annual
fee, the USAA
Cashback Rewards Plus American Express card offers great benefits and a good cash back rate
on select categories.
Let's compare a few no annual
fee cashback cards that will reward you with greater earnings
on all of your everyday purchases.
Offering 5 percent cash back
on gas and military - base purchases and 2 percent cash back
on groceries, the USAA
Cashback Plus American Express card is a great no - annual -
fee card for military families.
5 %
Cashback Match
on active business types, 1 %
on everything else, no annual
fee, 0 % balance transfer
fee for 14 - 18 months.