Over the years, we’ve seen a lot of inflation in credit card annual fees, as card issuers have increased annual fees for some cards while adding benefits. The good news is that you don’t have to spend hundreds of dollars a year to get a hugely rewarding card.
In this article, I wanted to share great credit cards with annual fees under $100. I chose these cards for different reasons – some for the long-term benefits they provide, some for the return on daily spending they offer, and some for both.
Of course, it’s important to note that everyone looks for different things in credit cards, so there won’t be a “one size fits all” best card because it all depends on your goals. However, I consider the options below to be some of the most attractive.
The Best Low Annual Fee Personal Credit Cards
When it comes to personal credit cards with annual fees under $100, I tend to think the best options are the ones that can earn you the most points, the ones that can give you the best travel protection and ones that can offer you even more benefits. justify the annual fee. So here are my top five recommendations, in no particular order.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred® $95 Annual Fee Card (review) is probably the gold standard for reasonable annual fee cards. This is great if you’re looking for a well-rounded travel rewards card that offers fantastic travel protection, and it’s especially good if you spend a lot on meals and travel.
The Chase Sapphire Preferred card offers the following benefits, among others:
Capital One Venture Card
The $95 Capital One Venture Rewards Credit Card (review) is one of the best cards for everyday spending, so it’s a great option if you just want an easy, super rewarding credit card you can use anywhere. .
The Capital One Venture Card offers, among other things, the following:
Citi Premier Card
The $95 Citi Premier annual fee® The (review) card may stand out among reasonable annual fee cards that earn transferable points. This card has the best bonus categories of any mid-range card, so if you’re looking to rack up points as quickly as possible, this is the card for you.
The Citi Premier Card offers the following benefits, among others:
IHG Premier Card
The $99 annual fee of the IHG® Rewards Premier Credit Card (exam) is not a card I would get because of the return on spend it offers, but rather because the benefits of simply being a cardholder more than justifies the annual fee.
The IHG Premier Card offers the following benefits, among others:
Even if you’re by no means loyal to IHG, it should be possible to get outsized value here if you stay at hotels with any frequency. Given hotel rates these days, I personally think it’s easy to justify the card based solely on the annual free night certificate, and everything else is icing on the cake.
World of Hyatt credit card
The $95 annual fee World of Hyatt Credit Card (review) is another card that I think is worth having for the benefits alone.
The World of Hyatt Card offers the following benefits, among others:
- An anniversary free night certificate valid at a category 1-4 property, which covers the majority of Hyatt properties worldwide
- World of Hyatt Discoverist status, which is Hyatt’s entry-level hotel status, offering upgraded rooms, late check-out, bonus points, and more. you also get early access to other World of Hyatt statuses
While there are other perks, the free night should be worth well over $95 per year, given hotel prices these days.
The Best Low Annual Fee Business Credit Cards
There are plenty of great business credit cards out there, but which cards are “simple” and have annual fees under $100? It narrows down a bit, but there are still some good options. Below are my top three recommendations, in no particular order.
Chase Ink Business Preferred Card
The $95 Ink Business Preferred® Credit Card (review) is the best business credit card, in my opinion. If you are looking for a card with a huge bonus, excellent ROI and useful perks, this is it.
The Ink Business Preferred card offers, among others, the following advantages:
- Exceptional bonus categories, as the card offers up to 3x points on travel, shipping, internet, cable, phone service and ad purchases made with social media sites and search engines, for cardholder’s first $150,000 in combined purchases each year
- An amazing mobile phone protection benefit
- Travel protection, including rental car coverage
- Useful points that can be transferred to airline and hotel partners or redeemed for a minimum of 1.25 cents each towards the cost of a travel purchase
Capital One Spark Miles Card
The $95 annual fee (waived for the first 12 months) Capital One Spark Miles for Business (review) is essentially the calling card equivalent of the Capital One Venture Rewards credit card. It’s one of the best business cards for everyday spending, so it’s a great option if you just want an easy and super rewarding credit card that you can use anywhere.
The Capital One Spark Miles business card offers the following benefits, among others:
IHG Premier Business Card
The $99 IHG® Rewards Premier Business Credit Card (Revision) is the retail version of the IHG® Rewards Premier Credit Card, and the benefits are virtually identical.
The IHG Business Premier Card offers the following benefits, among others:
At the end of the line
There are plenty of great credit cards out there, though the cards above are my five favorite personal cards and my three favorite business cards with annual fees under $100 each. As you can see, some of these cards are great because of the return on spend they provide, some are great because of the travel protection they provide, and some are great because of the benefits they provide. they offer.
Of course, there are also many other low annual cost cards.
What’s your favorite credit card with annual fees under $100?