The best hotel credit card with no annual fee is the Capital One VentureOne Rewards Credit Card because it offers 5 miles per $1 spent on hotel reservations booked through Capital One Travel and 1.25 miles per $1 on all other purchases. It also gives 20,000 miles bonus for spending $500 in the first 3 months. The Capital One VentureOne Rewards Credit Card offers greater flexibility because its rewards aren’t restricted to a specific hotel. You can stay at any hotel or fly any airline anytime, with no blackout dates.
But hotel cards with no annual fee that are co-branded with a specific chain may provide more incentives to brand-loyal customers.
The best co-branded hotel credit card is the Hilton Honors American Express Card because it offers 7 points per $1 spent at Hilton properties and 5 points per $1 spent at restaurants, supermarkets and gas stations. All other purchases earn 3 points per $1 spent. And the card offers 20,000 miles bonus for spending $500 in the first 3 months.
Hotel credit cards with no annual fee can save you anywhere from $59 to $550 per year, depending on the alternative. When you’re charged an annual fee, you’re basically paying for any benefits and rewards built into the card. Generally, the higher the annual fee, the more benefits the card offers. However, many hotel cards with no annual fee do offer significant benefits.
Here are the best hotel credit cards with no annual fee:
Credit card companies will waive interest on a case-by-case basis, depending on both the credit card company’s policies and the cardholder’s relationship with the company. Cardholders with a long and positive account history have a better chance of getting interest charges waived, especially if the person doesn’t have a history of carrying a balance or asking for fee waivers. But even the best account history doesn’t guarantee that a card issuer will agree to take back an interest charge.… read full answer
The best way to go about asking your credit card company to waive interest charges is to call customer service and explain the situation that caused the interest. Being late on a payment or only paying the minimum amount due will trigger an interest charge, for example. And if you usually pay on-time and in full, the card issuer is likely to grant an interest waiver, as long as their policy allows it.
Credit card companies are in heavy competition for your business, and many will do what it takes to keep you on as a customer - including occasionally waiving interest and fees. For example, over 40% of people who have asked their card issuer to waive a fee have been successful, according to a WalletHub credit card survey, but 1 out of 3 people have never attempted it.
It’s also worth noting that some card issuers are temporarily more lenient about interest charges after major natural disasters or during global events, such as the COVID-19 pandemic. So if you’d rather not pay an interest charge on your credit card bill – especially if you’re in a period of economic hardship that’s out of your control – there’s no harm in asking your card issuer to remove it.
Hotel credit cards are definitely worth it if you travel frequently. I very much enjoy as many perks as I can when I travel. Knowing that I will receive a complimentary upgrade to a better level of a room, or some other extra amenity for using my hotel credit card, it makes those trips much more enjoyable.… read full answer
As a tip, I would suggest that if you use a hotel credit card that has a points-based reward system based on the number of dollars you have charged, wait until you have racked up a large number of points before you redeem them to get the best bang for your buck. Often times, the best rewards are those with the most points value and they can equal free stays of one or more nights.
The price you pay for no annual fee and cash back is a good or excellent credit score needed for high approval odds. The one exception is the Discover it® Secured Credit Card, which people with bad credit can get, as long as they’re willing to pony up a $200 refundable security deposit.
Here are the best credit cards with no annual fee and cash back:
Citi® Double Cash Card: $0 annual fee, unlimited 2% cash back, no initial bonus. 0% for 18 months introductory APR for balance transfers.
Discover it® Student Cash Back: $0 annual fee, up to 5% cash back in certain categories that change every three months, 1st year’s cash back doubled. 0% for 6 months intro APR for purchases and 10.99% for 6 months for balance transfers.
Wells Fargo Cash Wise Visa® card: $0 annual fee, unlimited 1.5 - 1.8% cash back, $150 bonus for spending $500 in 3 months. Introductory APR of 0% for 15 months for purchases and 0% for 15 months on qualifying balance transfers.
Blue Cash Everyday® Card from American Express: $0 annual fee, 3% cash back on first $6,000 spent on groceries per year, 2% cash back at gas stations and select department stores, and 1% cash back on all other purchases. $100 bonus for spending $1,000 in the first 6 months. 0% for 15 months intro APR for purchases.
Cash back gives flexibility and freedom when it comes to earning rewards. You’ll get a percentage back on every purchase, and you can spend your rewards however you like. Most of these cards offer great financing options as well. So, pick a card based on whatever secondary benefits work best for you.
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