Did you know that free credit cards exist? Know which are the best for 2021

With a free credit card you can save a lot of money, remember that in the United States traditional credit cards generally have an APR higher than 30%

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Saying that a credit card is free can make you suppose that we are referring to a card with which you will not have debts, and it is not about that but it is similar. A free credit card is one with which should not cover a monthly percentage payment or an initial cost and even a fee annual, as if it happens with traditional cards.

It should be noted that the free ones are the type of credit card preferred by Americans, it is calculated that only the 14% of the population resorts to the use of cash.

This type of free credit card in addition to The line of credit they offer, have rewards programs that range from cash back to travel miles.

The choice will depend on your needs or preferences, here the best promotions for 2021:

Rewards Credit Cards: the credit cards Wells Fargo offer this year an excellent rewards program giving you up to 30, 000 points if during the first 3 months you spend 3, 000 Dollars .

Wells Fargo’s best deal is its ambitious rewards program thus, it offers one point for every dollar spent and also if those expenses are at a gas station, flights, hotels or streaming services, the points are multiplied by three. And during the first 12 months the annual percentage is 0%.

With this Wells Fargo card the points you get have no monthly or annual limit and They do not expire either.

Credit cards with no history credit: if you are one of those who do not have a credit history, just pay an initial security deposit of 200 dollars you can get one card Citi Diamond , which also does not charge you annuity.

This card does not offer an attractive rewards plan, but offers a simple way to pay from a mobile application.

Credit cards for constant travelers : for this type of client the card Discover it, that offers you the advantage in the first 12 months to double your points and after the first year it offers you 1.5 points for every dollar spent. These points can be used on trips or request cash.

It does not limit you with the time of use of your points for trips, that is, those points earned have no date expiration date.

Credit cards with cash back ”Double: In this sense the recommendation is Citi cash back . These types of cards, although they do not offer you good rewards or points and miles programs (the main attraction of free credit cards).

Their main offer is the refund double cash: for every dollar spent you will get a 1% refund at the time of purchase. And when you make the payment you will get the 1% refund again. In addition to this 2% monthly return if you meet your punctual payments, it offers you a 0% annual percentage for the first ones 18 months as long as you keep the balance of payments.

So, when you apply for these free credit cards you must bear in mind that it is important to comply with the obligations you acquire, otherwise you could lose your benefits and they will no longer be so free.