Are there any elite credit cards with no annual fee?

Yes, there are several elite credit cards with no annual fee, the best of which is the Capital One VentureOne Rewards Credit Card. This card requires at least good credit for approval and offers an initial bonus of 20,000 miles for spending $500 in the first 3 months of account opening. 

Some of the Best Elite Credit Cards with No Annual Fee

The Capital One VentureOne offers 20,000 miles for spending $500 in the first 3 months. Plus, you get 5 miles per $1 spent on hotels and rental cars booked through Capital One Travel, and 1.25 miles per $1 on all other purchases.

The card also comes with an intro APR of 0% for 15 months on both new purchases and balance transfers. Its regular APR is 19.74% - 29.74% (V) and the balance transfer fee is 3%. You need at least good credit for approval.

The Citi Double Cash Card offers 2% cash back when you pay at least the minimum due on time.

Also, there’s a 0% for 18 months intro APR for balance transfers. There is a 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. This card’s regular APR is 18.99% - 28.99% (V). You need at least fair credit for approval.

The U.S. Bank Platinum offers an intro APR of 0% for 18 billing cycles on purchases and balance transfers. The card’s regular APR is 19.49% - 29.49% (V). Transfers must be requested in the first 60 days to get the 0% rate, and there’s a 3% (min $5) transfer fee.

You also get free cell phone protection. You need at least Good credit for approval.

The Amex EveryDay card offers an intro APR of 0% for 15 months on purchases. Amex EveryDay’s regular APR is 17.99% - 28.99% (V).

Also, you can earn 2 points per $1 spent on travel booked through amextravel.com and at supermarkets (up to $6,000 per year), and 1 point per $1 spent on all other purchases. If you use your card 20 times in a month, you will earn 20% more points. There’s also a welcome bonus of 10,000 points after spending $2,000 in the first 6 months. You need at least Good credit for approval.

The Ink Cash offers 1 - 5% cash back, depending on the type of purchase. You can also get an initial bonus of $750 for spending $6,000 in the first 3 months.

There’s also a 0% for 12 months intro APR on purchases. This card’s regular APR is 18.24% - 24.24% (V). You get employee cards at no cost. Note that you need at least Good credit for approval.

At the end of the day, elite and no annual fee are not always synonymous when it comes to credit cards. Cards with annual fees tend to offer more rewards and benefits. Generally, the higher the annual fee, the more rewards you would get. Some of the best elite credit cards with fees include the Capital One Venture Rewards Credit Card and the Chase Sapphire Preferred® Card.