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 15.74% - 25.74% Variable APR.
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: Discover will match ALL the Miles you’ve earned at the end of your first year, automatically. For example, if you earn 35,000 Miles, you get 70,000 Miles. That’s $700 towards travel! The more you earn, the more you get.
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 13.74% - 24.74% 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 2019|
|Q1 (Jan. 1 - March 31)||• Gas stations.
|Q2 (April 1 - June 30)||• Home improvement stores.
• Grocery stores.
|Q3 (July 1 – Sept. 30)||• Gas stations.
• Select streaming services.
|Q4 (Oct. 1 – Dec. 31)||• Department stores.
• Chase 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 16.74% - 25.49% Variable APR.
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