5 BEST MUST HAVE CREDIT CARDS 2023 (No Annual Fee)

TL;DR

The five best no-annual-fee credit cards for 2023 are the Capital One SavorOne Cash Rewards, Build Mastercard, Chase Freedom Flex, American Express Blue Cash Everyday, and Citi Double Cash. Their standout benefits range from 10% cash back on Uber and UberEats purchases to 2% cash back on all purchases. Read on to compare their rewards, welcome bonuses, introductory APR periods, and ideal uses.

Transcript

although having a credit card with an annual fee can expand the Horizon on the benefits you earn maximize even more points in cash back and even provide you with some of the best travel benefits sometimes less is more now no annual fee credit cards are so simple and this is why I consider them to be no fuss no mess and even if you're unable to keep... Read More

Key Insights

• 💳 No annual fee credit cards provide simplicity and peace of mind, without the risk of losing money.
• 👤 The Capital One SavorOne Card offers exceptional benefits for Uber and UberEats users, making it a standout option.
• 👪 The Build Mastercard offers substantial savings on rent and generous cash back rewards, making it an excellent choice for those with high rent payments.
• 👻 The Chase Freedom Flex Card is a versatile card that complements the Chase Trifecta, allowing cardholders to earn high cash back on specific categories.
• 🫢 The American Express Blue Cash Everyday Card offers a lucrative welcome bonus and strong cash back rewards on essential categories like supermarkets, online retail, and gas.

Questions & Answers

Q: What are the five best no-annual-fee credit cards for 2023?

The list includes the Capital One SavorOne Cash Rewards Credit Card, Build Mastercard, Chase Freedom Flex Card, American Express Blue Cash Everyday Card, and Citi Double Cash Card. They cover different priorities, including Uber purchases, rent, rotating categories, everyday spending, and simple flat-rate cash back.

Q: What are the main benefits of the Capital One SavorOne Cash Rewards Credit Card?

The card earns 10% cash back on purchases through Uber and UberEats and includes a free Uber One membership. It also earns 8% on Capital One Entertainment purchases, 5% on hotels and rental cars booked through Capital One Travel, and 3% on dining, entertainment, popular streaming services, and eligible grocery-store purchases.

Q: What welcome bonus does the Capital One SavorOne offer?

The card offers a $200 cash bonus after spending $500 on purchases within the first three months. The transcript says this is $50 higher than the card’s previous offer.

Q: What credit score is recommended for the Capital One SavorOne?

The presenter recommends having a credit score of at least 650 before applying. He believes applicants with scores above 700 have very strong approval chances.

Q: How much can the Build Mastercard potentially save on rent?

The Build Mastercard can potentially save more than $2,900 annually when used to pay rent. The stated savings come from avoiding a 3% processing fee and earning rewards.

Q: How does the Chase Freedom Flex fit into the Chase Trifecta?

The Chase Freedom Flex is described as an essential part of the Chase Trifecta, a combination of Chase cards used to maximize rewards. It offers 5% cash back on rotating categories and can provide additional value when paired with other Chase cards.

Q: What are the benefits of the American Express Blue Cash Everyday Card?

The card offers a $250 cash-back welcome bonus and rewards purchases at supermarkets, online retailers, and gas stations. It also includes a 0% introductory APR for 15 months.

Q: Why is the Citi Double Cash Card a simple cash-back option?

The Citi Double Cash Card offers a straightforward 2% cash back on all purchases. It also has an 18-month 0% introductory APR period.

Summary & Key Takeaways

• The Capital One SavorOne Cash Rewards Credit Card offers 10% cash back on purchases made through Uber and UberEats, along with a free Uber One membership and other benefits.

• The Build Mastercard is a great option for saving money on rent, with a potential annual savings of over $2,900. It also offers generous rewards on other purchases.

• The Chase Freedom Flex Card is an essential part of the Chase Trifecta, offering 5% cash back on rotating categories and extra rewards when paired with other Chase cards.

• The American Express Blue Cash Everyday Card offers high returns on investment, with $250 cash back as a welcome bonus and generous cash back rewards on supermarkets, online retail, and gas purchases.

• The Citi Double Cash Card is a simple and reliable option, offering 2% cash back on all purchases and an 18-month intro APR bonus.