topic Re: Credit Cards w/ Big Benefits & No Annual Fee in Credit Cards

Credit Cards w/ Big Benefits & No Annual Fee

cardme — Sat, 17 Oct 2020 21:03:31 GMT

I am at a really good place in the garden, but something keeps popping up in my mind. One of the cards I obtained a couple of years back is the PenFed Pathfinder card. I love this card, I mean who wouldn't ($100 in travel incidentals every year with no annual fee). There have to be other cards out there that offer some awesome benefits with no annual fee (even if they have other requirements in order to obtain them). What are some other cards you all have heard of that offer statement credits (of any sort) for no annual fee?

Re: Credit Cards w/ Big Benefits & No Annual Fee

K-in-Boston — Sat, 17 Oct 2020 21:22:03 GMT

No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Sat, 17 Oct 2020 21:14:40 GMT

Amex offers are nice. Especially the Shop Small offer that ran until last month. If you had other Amex network cards like the WF/NFCU ones, there's potential to milk offers like that even more.

AOD 3% card with low APR and minimal/no fees for things like CA/BT, I'd consider those terms a benefit in itself

UBS Visa Sig, no AF, has rental and travel coverage comparable to some AF cards.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Sharingan — Sat, 17 Oct 2020 21:34:17 GMT

Also no longer available: FNBO Travelite AmEx $0 AF, which offers $100 Global Entry fee reimbursement and $100 airline incidental fee reimbursement annually.

It's one of my favorite cards.

Re: Credit Cards w/ Big Benefits & No Annual Fee

coldfusion — Sat, 17 Oct 2020 23:41:03 GMT

@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.

The gift that keeps on giving, I just got my latest cash reward on 10/5.

FNBO TravElite was another example of a good card that was closed to new applications, besides the SUB and Global Entry reimbursements they had a $100/yr credit for airline incidental charges.

Re: Credit Cards w/ Big Benefits & No Annual Fee

UpperNwGuy — Sat, 17 Oct 2020 23:51:14 GMT

Chase Freedom Unlimited.

Chase Freedom Flex.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Sat, 17 Oct 2020 23:58:36 GMT

@coldfusion wrote:
@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.
The gift that keeps on giving, I just got my latest cash reward on 10/5.

Surprised that they haven't done a nerf or forced conversion yet! Or maybe the cost is small enough, just didn't want it to grow.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Sun, 18 Oct 2020 00:33:13 GMT

WF Propel offers a lot for no AF.

3% on gas, dining, travel (rental cars, hotels, cruises, airfare, etc.), parking, and tolls. Cell phone coverage, earn more mall discounts, and Amex offers. Extended warranty (still I think).

Re: Credit Cards w/ Big Benefits & No Annual Fee

K-in-Boston — Sun, 18 Oct 2020 00:55:03 GMT

@Anonymous wrote:
@coldfusion wrote:
@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.
The gift that keeps on giving, I just got my latest cash reward on 10/5.

Surprised that they haven't done a nerf or forced conversion yet! Or maybe the cost is small enough, just didn't want it to grow.

They did at least stop the bleeding by no longer allowing people to have 35 BBR accounts.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Shooting-For-800 — Mon, 19 Oct 2020 12:04:34 GMT

Navy Flagship is hard to beat.

$49 AF but $500 SUB offered periodically.

Re: Credit Cards w/ Big Benefits & No Annual Fee

AverageJoesCredit — Mon, 19 Oct 2020 12:08:58 GMT

@Shooting-For-800 wrote:
Navy Flagship is hard to beat.
$49 AF but $500 SUB offered periodically.

Op wants cards without AF

Re: Credit Cards w/ Big Benefits & No Annual Fee

AverageJoesCredit — Mon, 19 Oct 2020 12:11:56 GMT

Penfed PCR has a statement credit SUB , supposed to be a great 2% card

Re: Credit Cards w/ Big Benefits & No Annual Fee

Credit12Fico — Mon, 19 Oct 2020 12:35:49 GMT

@K-in-Boston wrote:
@Anonymous wrote:
@coldfusion wrote:
@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.
The gift that keeps on giving, I just got my latest cash reward on 10/5.

Surprised that they haven't done a nerf or forced conversion yet! Or maybe the cost is small enough, just didn't want it to grow.
They did at least stop the bleeding by no longer allowing people to have 35 BBR accounts.

What a time to be alive

Re: Credit Cards w/ Big Benefits & No Annual Fee

galahad15 — Mon, 19 Oct 2020 14:14:01 GMT

US Bank Cash+ card offers 5% cashback in 2 selectable categories, plus one 2% cashback category.

I'm also a fan of the BoA Cash Rewards card. 3% cashback in a category of choice that can be changed on a monthly basis, and no longer has any minimum redemption amount.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Mon, 19 Oct 2020 14:19:56 GMT

@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.

Im so glad I got this card right before they stopped making it available for new applicants. Easy 120/year with barely any effort.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Mon, 19 Oct 2020 14:29:56 GMT

From the first post I think the OP is (despite the title) ideally looking for cards that a) have no AF, and b) have a recurring statement credit of some sort, i.e. not just a SUB or other good benefit.

It seems that most such cards have been closed to new applicants.

That said, at a smaller but similar level, there are all the cards that waive closing balances below a certain amount (like $1 or $2), adding up to huge amounts for those with 10,000 such cards (and the time to carefully place charges)

Re: Credit Cards w/ Big Benefits & No Annual Fee

Kforce — Mon, 19 Oct 2020 16:30:04 GMT

@Anonymous wrote:

That said, at a smaller but similar level, there are all the cards that waive closing balances below a certain amount (like $1 or $2), adding up to huge amounts for those with 10,000 such cards (and the time to carefully place charges)

I did this with two cards for a year.

Got tired of managing the payments.

The float is easier and most likely higher value.

Less chance of the issuer having an issue also.

Re: Credit Cards w/ Big Benefits & No Annual Fee

Anonymous — Mon, 19 Oct 2020 16:38:24 GMT

@K-in-Boston wrote:
No longer available for new applicants, but Bank of America's Better Balance Rewards offers a $25 statement credit each quarter if you pay in full (or at least more than the minimum payment) each month. ($30 if you have a BOA checking or savings account.). Up to $120/year.

This, I so wanted this card but at the time my profile wasn't solid enough. That was one card i wished that I could have gotten!