Cash back credit cards have been quite popular with most credit card users for a while now. Cash back credit cards return to the cardholder a specific percentage of the money spent on purchases as a form of incentive to use the card more. Cash back credit cards with no annual fee are simple and cost-effective options. A good cash back credit card helps the cardholder to recover his annual fee through the purchases he makes regularly.

If you do choose the right cash back credit cards with no annual fee, you can end up earning thousands of dollars in rewards annually, especially if a no annual fee credit card is the only card you own. If the card is a supplement to another, it will get you sizeable returns on bonus categories. These cards also tend to offer many free benefits such as travel insurance, price protection, extended warranty, return protection, fraud protection and purchase protection. They also help improve your credit score as long as you pay off your statement credit every month. With the right card, you could also receive a spending summary every year end, free memberships as rewards on online shopping platforms, concierge services, and free FICO scores.

Some of the best cash back credit cards come with no annual fee. These include:

• Citi Double Cash Card: This card comes with plenty of benefits including no annual fee, an APR of 13.99% to 23.99%, 0% APR balance transfer for 18 months from when the first transfer is made assuming it is made within four months of opening the account, a balance transfer fee of 3% with a minimum of $5, a foreign transaction fee of 3%, and more. The rewards include an earning rate of 1% for purchases and 1% for purchases paid in full.
• Chase Freedom Unlimited Credit Card: The benefits with this card includes no annual fee, an APR of 15.49% to 24.24%, a 0% APR balance transfer offer for 15 months from the time the account is opened, a balance transfer fee of 5% with a minimum fee of $5, a foreign transaction fee of 3%, zero liability protection, purchase protection, price protection, return protection and extended warranty protection. The rewards include unlimited cash back of 1.5% on any purchase with a sign-up bonus of $150 if purchases are made for $500 within the first three months of opening the account. You also get $25 if you add an authorized and get your first purchase done within the first three months.
• Chase Freedom Credit Card: This card comes with benefits that include no annual fee, an APR of 15.49% to 24.24%, a 0% APR balance transfer for 15 months from the day the account is opened, applicable on purchases and balance transfers, a balance transfer fee of either 5% of $5, a foreign transaction fee of 3%, zero liability protection, purchase protection, price protection, return protection and extended warranty protection. The rewards include cash back to 5% for purchases made up to $1,500 every quarter in categories that are activated by you plus cash back of 1% for every other purchase. You get a sign-up bonus of $150 if you purchase for $500 within the first three months of opening the account.
• Bank of America Cash Rewards Credit Card: This card comes with benefits that include no annual fee, an APR of 13.49% to 23.49%, 0% APR balance transfer on transaction made up to 12 statements, a balance transfer fee of 3% with $10 being the minimum, a foreign transaction fee of 3%, fraud liability, security for online shopping, overdraft protection, digital wallet technology, monthly free FICO scores and no expiration date for rewards. The rewards include a 1% cash back on every purchase made, 2% on grocery stores and 3% on gas stations for the first $2,500 spent every quarter, plus a sign-up bonus of $100 for $500 spent in the first three months.
• Costco Anywhere Visa Card by Citi: This card comes with benefits that include no annual fee, and APR of 15.74%, a balance transfer fee of 3% or a minimum of $5, a foreign transaction fee of 3%, protection against damage and theft purchase, extended warranty, Citi price return, protection against cancelled or interrupted trips, car rental insurance worldwide, travel accident insurance worldwide and assistance for travel emergencies. The rewards include 4% cash back on authorized gas, 3% cash back on restaurants, 2% cash back on all purchases from Costco, and 1% cash back on every other purchase.