Banks and financial institutions issues credit cards of various types. In today's competitive world, Bank and credit card companies are providing many offers to choose their credit card offers over others. One such offer is by not charging any annual fee for the card.
An annual fee is basically a service fee that the banks and the credit card companies make to a person's credit card every year. It is more like a company charging a customer for using their card. And with no annual fee credit card a person is provided a free credit card. There are variety of types of no annual fee card such as no annual fee secured credit card, no annual fee business credit card, no annual fee visa credit card, no annual fee rewards credit card etc.
Market is flooded with variety of options in no annual fee credit cards; one should compare and then choose a card for one self.
Normally companies wave off the annual charges of a card for a particular time period only or they increase the rate of interest to cover up the loss of annual fee so it is advisable to check the annual fee amount if any after the specific time period expires so as to pick the right card.
The solution to find a good no annual fee credit card is for a customer is to compare different cards and understand their own spending habits.
HSBC Gold Visa Card:It charges 0% annual fee for the first year, thereafter it is 89 $ and provides 5.99% p.a. for 6 months on balance transfers.
Wools worth's Everyday Money Credit Card:Earn up to 3 reward points per dollar spent,Card comes in four colours to choose from and pay no annual fee for the first year.
ANZ First Visa Credit Card:It provides 0% annual fee for 12 months and up to three additional cardholders for free.
Beverly Hills City Employees FCU Master Classic Card:
Cascade Visa Credit Card