Top 3 Best Free Credit Cards 2020

Top 3 Best Free Credit Cards 2020


When you go shopping, it’s not unusual to presume that the cheapest products might not be the highest quality ones. But with credit cards with no annual fees, that’s not the case. Not only are they easy to get, but zero yearly fee credit cards have numerous benefits such as cash back, rewards points, and much more.


Since there’s no annual feel, the biggest advantage of these cards is that you don’t have to pay extra to be a cardholder. This means you get more flexibility within your budget, and you don’t have to worry about a surprise bill every year. Considering that some annual fees go as high as $550, you can rest easy knowing you’re getting the same benefits without the exorbitant price.


Although luxury credit cards typically come with annual fees, you can find a wide variety of excellent cards with generous rewards that don’t charge you every year. If you want to work on your credit, have a card for regular use, enjoy some extra benefits, transfer a balance, or another reason, the perfect credit card is out there for you. 


Here are the best free credit cards from


Capital One Quicksilver Cash Rewards Credit Card

  • Credit Requirement: Good to Excellent (670 – 850)
  • Rewards Rate: 1.5%
  • Introductory Bonus: $200
  • Intro Purchase APR: 0% intro on purchases for 15 months
  • Regular APR: 15.49% – 25.49% variable
  • Intro Balance Transfer APR: N/A


The Capital One Quicksilver Cash Rewards credit card is one of the best credit cards for everyday purchases. With it, you can receive a $200 cash bonus when you spend at least $500 on purchases in the first three months after opening your account. Capital One also offers 1.5% cash back on the things you buy every day, with no limit to how much you can earn. 


This card’s generous perks are only matched by its flexibility. There are no rotating categories or activation necessary to start earning cash back, and your points never expire. You can earn as much as you want since Capital One doesn’t cap your rewards. Lastly, there’s no foreign transaction fee, so you can use this card anywhere in the world. 


Blue Cash Everyday Card From American Express

  • Credit Requirement: Good to Excellent (670 – 850)
  • Rewards Rate: 3% cash back at the grocery store, 2% cash back at the gas station, and 1% on all other purchases
  • Introductory Bonus: Up to $300
  • Intro Purchase APR: 0% intro on purchases for 15 months
  • Regular APR: 13.99% – 23.99% variable
  • Intro Balance Transfer APR: N/A


You would expect a rewards program as generous as the one you get with the Blue Cash Everyday Card from American Express to come with an annual fee. But it doesn’t, and you can qualify for a $100 bonus when you spend $1,000 in the first six months. And if you shop on Amazon, you can earn 20% cash back on every purchase, or $200 back.


Additionally, you can earn 3% cash back on the first $6,000 you spend at the supermarket, then 1% after that. Plus, there’s also the 2% cash back at gas stations and eligible department stores and 1% back on everything else. 


Compared to the no annual fee credit cards, the AmEx Blue Cash Everyday Card has one of the lowest APRs, though you still pay no interest for the first 15 months. AmEx also offers the Plan It program, which lets you pay for minimum purchases of $100 or more in monthly installments — at a flat fee and zero interest.


Discover it Cash Back

  • Credit Requirement: Good to Excellent (670 – 850)
  • Rewards Rate: 5% on select quarterly categories, 1% on everything else
  • Introductory Bonus: Cashback Match program
  • Intro Purchase APR: 0% intro on purchases for 15 months
  • Regular APR: 11.99% – 22.99% variable
  • Intro Balance Transfer APR: N/A


The Discover it Cash Back credit card tops many best credit card lists for many reasons. One is the Unlimited Cashback Match program, where Discover doubles the cash back rewards you earn throughout your first year as a cardholder. You don’t have to worry about minimum spending or restrictions on the points you can collect. 


This no feel credit card comes with an excellent rewards program as well. You can earn 5% back on regular purchases at qualifying retailers such as Amazon, supermarkets, dining, gas stations, and more when you use PayPal at checkout (up to the quarterly limit at activation).


You can also get 1% cash back on everything else, with no limits on spending or categories. There are no restrictions when you redeem rewards, and they never expire. You can use them at your favorite retailers, including Amazon. 


Another benefit of using a Discover card is that you’ll receive Discover’s free credit monitoring service. They will send you a notification if your personal details are found on the Dark Web, ensuring your privacy and identity stay protected.


  • Yarbrough, Garrett. “Best No Annual Fee Credit Cards of 2020.” Edited by Laura Mohammad,, 18 Nov. 2020,


Ian Schindler