Advertiser Disclosure

Best Credit Card Offers for Frugal Spenders

Credit Cards, Rewards Credit Cards
With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best choices. We even share how we make money so you can rely on our expert advice and recommendations with clarity and confidence.
Best Credit Card Offers for Frugal Spenders

Many frugal spenders will benefit from a credit card offer with high rewards but no annual fees. Lucky for you, the Nerds have found four cards that fit the bill. Check out our top plastic picks for small spenders.

Citi® Double Cash Card – 18 month BT offer: Cash back, then more cash back

For high cash rewards on your spending, check out the Citi® Double Cash Card – 18 month BT offer. It offers 1% cash back on every purchase when you make it, and another 1% when you pay it off, giving you yet another reason to pay off your balance in full. You can redeem rewards starting at $25 for statement credit, gift cards or check.

The Citi® Double Cash Card – 18 month BT offer has an annual fee of $0 and an introductory APR offer of 0% on Balance Transfers for 18 months, and then the ongoing APR of 14.74% - 24.74% Variable APR.

» MORE: How to maximize credit card rewards when shopping

Discover it® Miles: Rewards on every purchase go for miles

If you prefer travel rewards, the Discover it® Miles is a great option. It offers cardholders 1.5x miles on every dollar spent, redeemable for travel statement credit or cash back via direct deposit. There’s also an interesting and potentially high value promotional bonus: We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.

The card’s annual fee is $0 and there are no foreign transaction fees. You’ll also enjoy an introductory APR of 0% on Purchases for 14 months and 10.99% on Balance Transfers for 14 months, and then the ongoing APR of 12.24% - 24.24% Variable APR.

Chase Freedom®: 5% cash back — yes, 5%!

If your spending habits are in line with Chase’s bonus categories, the Chase Freedom® can net you killer rewards. It offers 5% back on rotating quarterly bonus categories (capped at $1,500 in spending per quarter), and 1% back on all other purchases. The current bonus categories are as follows:

Chase Freedom® bonus rewards categories for 2017 and early 2018
Q1 2017 (Jan. 1 - March 31)Gas stations and local commuter transportation (not including parking, tolls or Amtrak)
Q2 2017 (April 1 - June 30)Grocery stores and drugstores
Q3 2017 (July 1 – Sept. 30)Restaurants and movie theaters
Q4 2017 (Oct. 1 – Dec. 31)Walmart and department stores
Q1 2018 (Jan. 1 - March 31)• Gas stations
• Internet, cable and phone service
• Purchases via Chase Pay, Apple Pay, Android Pay and Samsung Pay

The card has a sweet sign-up bonus: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.

The Chase Freedom® has an annual fee of $0. There’s also a 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 16.24% - 24.99% Variable APR.

Blue Cash Everyday® Card from American Express: Rewards for filling up your tank or cart

For extra rewards on your grocery, gas and clothing purchases, check out the Blue Cash Everyday® Card from American Express. It offers 3% cash back at U.S. supermarkets (up to $6,000 spent annually — then 1%), 2% back at U.S. gas stations and select U.S. department stores, and 1% back on all other purchases. Plus, there’s a sign-up bonus: $150 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. Terms Apply.

The Blue Cash Everyday® Card from American Express has an annual fee of $0 and offers an introductory APR of 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 14.24% - 25.24% Variable APR.

Erin El Issa is a staff writer covering personal finance for NerdWallet. Follow her on Twitter @Erin_Lindsay17 and on Google+.


Image via iStock.