MoneyGeek's Take

Best Amex Credit Cards for No Annual Fee in 2022

American Express manages to fill this space well, given that it offers no-annual-fee cards for individuals and businesses alike. What’s more, it also provides a couple of co-branded no-annual-fee cards. Depending on the card you get, you might be able to earn cash back, points or miles.

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This article is part of our larger series on Best No Annual Fee Cards

Advertising & Editorial Disclosure

American Express gives you multiple no-annual-fee credit cards from which to choose. While some of the features remain the same no matter which of these cards you get, there are some notable differences as well. For instance, while the Amex Cash Magnet Card is a good alternative for earning flat-rate cash back on all purchases, the Blue Cash Everyday Card offers higher cash back rates on category-based spending.

If you hope to find a no-annual-fee Amex credit card that works well for you, paying attention to your spending patterns and individual requirements is essential. If you’re a frequent traveler, you might benefit by looking at what Amex’s no-annual-fee co-branded cards have to offer.

This article is part of our larger series on
Best No Annual Fee Cards

MoneyGeek’s Take: Top 3 Amex Credit Cards With No Annual Fee

Quick Summary

If you intend to use your card outside of the U.S., take a look at the foreign transaction fee you might need to pay. With many Amex cards that charge this fee, you’ll need to pay 2.7% on each international transaction. We’ve narrowed down on the top no-annual-fee Amex credit cards after accounting for this factor as well as others such as APRs, cash back/reward rates and additional perks. Scrolling further down the page presents even more options.


  • American Express Cash Magnet® Card

    A great no-annual-fee card that comes with unlimited 1.5% cash back across categories


    • ExcellentRecommended Credit
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate
    • 1.5xRewards Rate on Gas
    • 1.5xRewards Rate on Groceries

    Terms, rates and fees apply

  • The Blue Business® Plus Credit Card from American Express

    Great no-annual-fee card for earning rewards on business spending


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • up to 2X Membership Rewards® pointsRewards Rate
    • 1xRewards Rate on TV, Phone, Internet Services
    • 1xRewards Rate on Online Shopping

    Terms, rates and fees apply

  • American Express Blue Business Cash™ Card

    A simple cash back rewards card that helps you avoid hassles


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • 1–2% Cash Back*Rewards Rate
    • 1xRewards Rate on TV, Phone, Internet Services
    • 1xRewards Rate on Gas

    Terms, rates and fees apply

  • Hilton Honors American Express Card

    A good travel rewards card for people who are casual guests at Hilton hotels and resorts


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • 3–7 Points per $1*Rewards Rate
    • 7xRewards Rate at Hotels
    • 5xRewards Rate on Dining

    Terms, rates and fees apply

  • Delta SkyMiles® Blue American Express Card

    A great miles rewards card with no annual fees


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • up to 2 Miles per $1*Rewards Rate
    • 2xRewards Rate on Air Travel
    • 2xRewards Rate on Dining

    Terms, rates and fees apply

  • Blue Cash Everyday® Card from American Express

    A simple cash back card that’s best for everyday purchases.


    • Good-ExcellentRecommended Credit
    • $0Annual Fee
    • 1–3% Cash Back*Rewards Rate
    • 1xRewards Rate on Gas
    • 1xRewards Rate on Groceries

    Terms, rates and fees apply

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Methodology

Each month, MoneyGeek experts go through our extensive database and select all new and existing no-annual-fee travel credit cards from American Express. An in-depth comparison follows, where they pay due attention to parameters such as welcome offers, reward rates, APRs and foreign transaction fees. Only then do they publish their revised list of the top cards from this segment.

10%

Welcome Offer

 
5%

Cash Back Rate

 
2%

Miles and Points Rates

How to Compare Amex Credit Cards & Intro Offers

American Express provides multiple no-annual-fee cards, so it’s important that you consider different factors when narrowing down on one that might work best for you.

1

Welcome Offer

It's common for no-annual-fee Amex credit cards to come with spending- and time-based welcome offers. These might come in the form of cash back that you get as a statement credit or reward points/miles that go toward a hotel/airline loyalty program.

2

Co-branded or not

If you’re a frequent Delta flyer or stay at Hilton properties every so often, you may consider getting the Delta SkyMiles Blue Card or the Hilton Honors Card. If not, there are other options from which to choose.

3

APR

Take a close look at the APRs on offer if you plan to maintain revolving balances on your card. Co-branded no-annual-fee Amex cards tend to come with higher APRs than ones that are not. You might also want to check if any of the cards currently come with a 0% introductory APR on purchases.

4

Foreign transaction fees

If you wish to use your card outside of the country, getting an Amex no-annual-fee card with no foreign transaction fees might be in your best interest. Cards that fit the bill include the Hilton Honors Card and the Delta SkyMiles Blue Card.

5

Cash back/rewards rate

You get the option of choosing from no-annual-fee Amex credit cards that offer cash back, reward points and reward miles. Further, the earn rate depends on the card you get. For example, the Cash Magnet Card offers unlimited 1.5% cash back on all purchases. The Blue Cash Everyday Card, on the other hand, lets you earn 3% cash back on groceries at U.S. supermarkets on purchases of up to $6,000 per year, 2% cash back on gas at U.S. gas stations and select U.S. department stores and 1% cash back on all other purchases.

6

Additional features

Fraud protection, complimentary car rental loss and damage insurance, and access to Global Assist Hotline are common features with all Amex consumer cards from this category. Some let you get free additional cards. Business cards may also come with purchase and extended warranty protection.

Further Reading

About the Author


expert-profile

Rajiv Baniwal has been writing about different financial topics for over 15 years. Meticulous in his research, he makes sure he provides accurate and up-to-date information. His areas of expertise include mortgages, personal loans, credit cards, insurance and international money transfers.


*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.