What are the elite credit cards with no annual fee?

Elite credit cards with $0 annual fee include the Capital One VentureOne Rewards Credit Card, the Citi® Double Cash Card – 18 month BT offer and the Amex EveryDay® Credit Card. These high-end cards require a minimum of good credit for approval and offer perks such as high everyday earning rates, big initial bonuses and 0% introductory APRs. Capital One VentureOne gives 1.25 miles per $1 on all purchases and a 20,000 miles initial bonus. Citi Double Cash Card gives 2% cash back on all purchases. And the Amex EveryDay® Credit Card offers an intro purchase APR of 0% for 15 months.

Here are some of the top elite credit cards with no annual fee:

• Travel: Capital One VentureOne Rewards Credit Card

  This is an elite $0 annual fee credit card due to its ample rewards. It gives 20,000 miles bonus when you spend $500 in your first 3 months. And you get 1.25 miles per $1 on all purchases. Capital One VentureOne comes with an intro APR of 0% for 12 months on purchases and its regular APR is 15.49% - 25.49% (V). Good credit is required.

• Cash Back: Citi® Double Cash Card – 18 month BT offer

  This is an elite $0 annual fee credit card because it gives one of the highest cash back rates on the market for all purchases: 2% cash back when you pay at least the minimum due on time. And there’s a 0% for 18 months intro APR for balance transfers. There is a balance transfer fee of 3% (min $5). This card’s regular APR is 13.99% - 23.99% (V). Good credit is required.

• Balance Transfer: U.S. Bank Visa® Platinum Card

  This credit card is elite because of its very long 0% intro APR period. You get 0% on purchases and balance transfers for 20 billing cycles. The card’s regular APR is 14.49% - 24.49% (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. Good credit is required.

• 0% Purchases: The Amex EveryDay® Credit Card from American Express

  This card is elite because of its 0% intro APR for 15 months on purchases. Amex EveryDay® Credit Card’s regular APR is 12.99% - 23.99% (V). You get 2 points / $1 at U.S. supermarkets, on up to $6,000 per year and 1 point / $1 on all other purchases. Using your card 20 times in a month gets you 20% more points. There’s also a 10,000 points bonus when you spend $1,000 in your first 3 months. Good credit is required.

• Business: Ink Business Cash® Credit Card

  This is an elite $0 fee card because it has a lot of bonus categories. You get 1 - 5% cash back cash back, depending on the type of purchase. You get a $750 cash back bonus when you spend $7,500 in your first 3 months. There’s a 12 months intro APR on purchases. This card’s regular APR is 13.24% - 19.24% (V). You get employee cards at no cost. Good credit is required.

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 get. Some of the most elite credit cards with fees include the Capital One Venture Rewards Credit Card and the Chase Sapphire Preferred® Card.

For me, the best elite credit cards with no annual fee are Amex's EveryDay and Blue Cash Everyday cards, but Citi's Double Cash has some great perks too.