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Competition in the credit card space is heating up and card issuers are offering incredible perks to consumers with good to excellent credit in order to win your business. Our top-rated cards that do not charge an annual fee are all offering amazing ongoing rewards, sign-up bonuses and long intro APR periods.

Our Critics’ Choice winner is the Bank of America® Travel Rewards credit card which offers:

  • $0 Annual Fee
  • A Massive Bonus: Earn 25,000 online bonus points (redeemable for a $250 statement credit towards travel or dining purchases) after you make at least $1,000 in purchases in the first 90 days of account opening.
  • Great Ongoing Rewards: Earn an unlimited 1.5 points per $1 spent on all of your purchases.
  • A Generous Intro APR: 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends a 18.24% – 28.24% Variable APR will apply.
  • No foreign transaction fees.

The Bank of America® Travel Rewards credit card is our top choice for travel rewards with no annual fee.

To sweeten the deal, you will earn 25,000 online bonus points after you spend at least $1,000 in purchases in the first 90 days of account opening. These points can be redeemed for a $250 statement credit toward travel or dining purchases.

With the Bank of America® Travel Rewards credit card you will earn an unlimited 1.5 points per $1 spent on all of your purchases. You can redeem your points for a statement credit to pay for travel or dining purchases, such as flights, hotel stays, car and vacation rentals, baggage fees, and also at restaurants including takeout.

Unlike most travel cards the Bank of America® Travel Rewards credit card offers a generous intro APR on both purchases and balance transfers. It’s a long intro APR on a $0 annual fee card that also offers rewards. You’ll get a 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends a 18.24% – 28.24% Variable APR will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. However, these fees are likely much lower than the interest you are paying on another card. The ongoing APR will apply after that intro period is over so it’s good to make a budget and pay that balance down within 15 billing cycles if possible.

Bank of America Preferred Rewards® program members can accelerate their cash back earnings by 25% to 75%. Your eligibility for this program is based on your Bank of America® and Merrill combined balances. That means instead of earning an unlimited 1.5 points for every $1, you could earn 1.87-2.62 points for every $1 you spend on purchases.

Purchase & Balance Transfer APR

0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends a 18.24% – 28.24% Variable APR will apply.

Welcome Bonus

25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases

Rewards

1.5 points per $1 spent on all purchases.
If you’re a Bank of America Preferred Rewards® member, you can earn 25% – 75% more points on every purchase.

Recommended Credit Score

Excellent/Good670 – 850*

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If you are in the market for a flexible travel card without an annual fee then the Bank of America® Travel Rewards credit card is tough to beat. Since it is always good to compare your top options, we have rounded up some other compelling cards that may appeal to you as well.

Unlimited 3X Rewards on Restaurants, Travel, Gas & More

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On Wells Fargo’s secure site

Recommended Credit Score

670 – 850*

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This $0 annual fee credit card is a top-rated rewards card that offers unlimited 3X points on restaurants, travel, gas stations, transit, popular streaming services and phone plans. There are no caps to worry about and no rewards calendars to keep track of. Plus you will also earn 1X on your other purchases. New card members can also earn an impressive 20,000-point welcome bonus after spending $1,000 in purchases in the first three months. This bonus has a $200 cash redemption value! In addition to the cash redemption option, you can also redeem your rewards for travel, gift cards, and more. And while there is no intro APR offer for balance transfers it does offer a 0% intro APR for 12 months from account opening on purchases, followed by a 20.24%, 25.24%, or 29.99% Variable APR.

Premium Rewards Justify An Annual Fee

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On Capital One’s secure site

Recommended Credit Score

670 – 850*

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There are a ton of options in the market today for travel rewards cards, but the Capital One Venture Rewards Credit Card is one you should seriously consider. You will earn rewards quickly with unlimited 2x miles per dollar on all purchases and 5x miles per dollar when you book your car rentals and hotel stays through Capital One Travel. The Venture Rewards Card currently has a generous welcome offer of 75,000 miles after spending $4,000 within the first 3 months, which will give you at least $750 in travel value. The $95 annual fee grants you access to premium travel benefits like Hertz Five Star status, a credit for Global Entry or TSA Precheck and pay no foreign transaction fees. While you’ll get the most out of your miles by redeeming them for travel, there are several other options to cash in your rewards making it an extremely flexible program and one of the best travel rewards programs out there with over 15 direct transfer partners. A 19.99% – 29.99% (Variable) APR will apply to purchases and balance transfers.

Earn Unlimited 2% Cash Back

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On Wells Fargo’s secure site

Recommended Credit Score

670 – 850*

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This card from Wells Fargo is an exciting option that also has a $0 annual fee. You will earn an unlimited 2% cash rewards on purchases which means there are no activation requirements for special categories or monthly caps to worry about. Earning 2% rewards on your purchases is tough to beat making it a stand out option for anyone looking for a low maintenance cash rewards card that will allow you to accumulate cash rewards really quickly. There is also a welcome bonus worth $200 in cash rewards that can be earned by spending at least $500 in purchases in the first three months after you are approved. It also offers a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 20.24%, 25.24%, or 29.99% Variable APR.

Great For Everyday Spending – Especially Groceries

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On American Express’s secure site

Recommended Credit Score

670 – 850*

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It is important to understand that when it comes to credit cards the only way to really take your earning potential to the next level is to choose a card with an annual fee. The Blue Cash Preferred® Card from American Express (a CardCritics advertiser) is an excellent example since the ongoing perks and rewards quickly justify the $95 annual fee which is $0 your first year. You will earn a massive 6% back at U.S. supermarkets (up to $6,000 per year in purchases, then 1%), 6% back on select U.S. streaming subscriptions, and 3% back at U.S. gas stations and on transit. All of your other eligible purchases will earn you 1% back. To sweeten the deal, you can earn a $250 welcome bonus after you spend $3,000 in purchases on your new card within the first 6 months.

As you can see, it is a great time to be in the market for a new credit card. Issuers are really stepping up their game and offering incredible perks to win your business. If you have good to excellent credit in the 670 – 850* range and have not recently applied for a new credit card then you should definitely apply for one of these stand-out options today.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

*CardCritics references a FICO® 8 score, which is one of many different types of credit scores. A financial institution may use a different score when evaluating your application.


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