The best credit cards with no annual fee

Do you know how cards without annual fees work and which are the best on the market? Check them out!

A credit card with no annual fee is one that has no maintenance fee, i.e. there is no need to pay an annual fee. One of the main advantages of no annual fee credit cards is that you save money that would otherwise be charged, which you can then use to do things that interest you. 

These types of cards are becoming more and more common on the market, as people are looking for something practical that doesn't require them to spend money, since they are tired of paying fees on a daily basis.

There are several options on the market, and I'm sure you'll find a card that meets your needs.

1. Nubank credit card

One of the best known is the Nubank. It is a card that is winning over more and more people, as it is one of the first cards without annual fees to appear in Brazil, and it is also very well known. 

It provides the consumer with a great experience, as it doesn't charge annual fees and increases the limit as soon as you start using it, plus you can choose the credit card or debit card option, and it's an international card. You can also earn 1% cashback on all your credit card purchases. To get the card you need to send in your details and if you're approved, you'll receive your card at home, but many applications are denied.

2. Inter credit card

Another option for a card with no annual fee is Inter, which also has credit and debit options and is growing more and more in the market. It's a great option for those who can't apply for a Nubank card, as both have similar services.

The bank offers a very quick analysis and if your application is approved, your card will be sent to your home. This card also doesn't have a minimum limit, because it depends a lot on the applicant's registration restrictions and income, but there is an estimate of R$ 500.00. Applying for it is very easy, you just need to go to the website or download the app, and then enter your details.

3. Credit card Next

The Next card is another that is growing a lot in the market, it offers many benefits, one example is accumulating Visa Platinium points, this way you can get a cashback percentage, and there are also many other Visa benefits. 

The minimum limit is R$500.00 and the maximum is approximately R$ 5,000.00. Like the other cards with no annual fee, it also offers a credit and debit option. To apply for the card, simply go to the website and fill in the form.

4. Neon credit card

The Neon card is gaining more and more ground and offers several advantages. According to the company itself, the income the card offers on its digital account is higher than that of savings. 

As with the others, you have the option of credit and debit, and you can use it to make purchases both in Brazil and abroad. There is no minimum credit limit, it will depend on the analysis of your registration, so each person will have a different limit. To apply, you just need to go to the website or download the app, but it's worth mentioning that to get the card you need to have a Neon digital account.

5. BMG credit card

The BMG consigned credit card is specially designed for pensioners. It is considered one of the best cards with no annual fee for this public. As with the Next card, it also allows points to be accumulated under the Mastercard banner.

To find out what your credit card limit will be, you just need to do a simple calculation, simulating 5% of your net income and multiplying by 27. There is also the option of a credit and debit card, and to apply you just need to go to the BMG bank website.

It's a fact that there are many varieties on the market, and you just have to choose which of them will meet your needs, and thus make the best use of your card without annual fees, after all, there's nothing better than being exempt from these undesirable fees, is there?