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Best* cash back credit cards with no annual fee in 2021

Earn cash back on all your purchases or in specific categories with these no annual fee credit cards.

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Getting a cash back credit card can be one of the most rewarding ways to benefit from spending on plastic. Depending on where you spend the most, you can earn accelerated cash back on specific categories or choose to earn cash back on everything you buy.

While most no annual fee cash back credit cards tend to come with standard APRs (around 19.99%), it is possible to find a promotional low interest rate cash back card. However, in order to properly reap the benefits of earning cash back for your spending, you’ll want to pay off your balance in full each month.

Let’s take a look at some of the best no annual fee cash back credit cards on the market.

*How we chose the best no annual fee cash back cards

We’ve chosen the cards on this page based on the providers available through Finder. These cards are not representative of the entire market. Our top no annual fee cash back cards offer a high value of cash back, no annual fee, exclusive perks such as accelerated rewards and complimentary travel insurance, and a signup bonus. We’ve also considered balance transfer offers.

No single no annual fee cash back card will be the best choice for everyone, so compare your options before picking your new card.

Best for gas and groceries: Scotia Momentum No-Fee Visa Card

Scotia Momentum No-Fee Visa Card

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With a $0 annual fee, this card is an ideal choice for those who spend consistently on gas, groceries, drug store purchases and recurring bills. Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
Plus, get an additional card for a friend or family member for $0.

Runner-up for gas and groceries: Scotia Momentum Mastercard

Scotia Momentum Mastercard

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The Scotia Momentum Mastercard doesn’t come with loads of perks, but it does boast a $0 annual fee and the chance to earn cash back rewards on your purchases. Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.

Enjoy peace of mind with Mastercard Zero Liability Protection, which protects you in the event your card is used fraudulently. Plus, rack up cash back rewards faster by getting an additional card with a $0 annual fee for a friend or family member. Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by February 28, 2021.

Best for flexible cash back: Tangerine World Mastercard

Tangerine World Mastercard

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If you’re looking for a $0 annual fee credit card with unlimited cash back rewards and a competitive balance transfer offer, then the Tangerine World Mastercard could be right for you. Earn unlimited 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and unlimited 0.5% cash back on everything else. Conditions apply.

New cardholders can get a sweet bonus. Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).

Best for flat-rate cash back: SimplyCash Card from American Express

SimplyCash Card from American Express

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The SimplyCash Card from American Express is a basic credit card offering cash back rewards and standard American Express perks including access to reserved tickets for in-demand events, the opportunity to skip the line in certain venues and special deals on trips, movies and shopping. Earn 1.25% cash back on all eligible purchases. Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back).

Best for signup bonus: BMO CashBack Mastercard

BMO CashBack Mastercard

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The BMO CashBack Mastercard makes switching credit cards convenient with a low interest rate on balance transfers as well as a promotional cash back rate. Get 5% cash back on all eligible purchases in the first three months of card membership (up to a maximum spend of $2,000, after which standard cash back rates apply).Earn cash back at a standard rate of 3% on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.

Best for GM drivers (GM, Chevrolet, BUICK, GMC and Cadillac): Scotiabank GM Visa Card

Scotiabank GM Visa Card

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If you drive a GM, Chevrolet, BUICK, GMC or Cadillac, you’ll appreciate the $0 annual fee Scotiabank GM Visa Card. Earn 5% in GM Earnings on your first $5,000 of eligible annual purchases and 2% in GM Earnings on all eligible purchases thereafter with no earning or redemption limits. For every $1 in GM Earnings, you’ll get $1 off the purchase price or lease of a new GM, Chevrolet, Buick, GMC or Cadillac. Earnings do not expire as long as you're a cardholder. Along with car rental perks, you’ll also get complimentary protection on eligible purchases charged to your card.

How to choose the right no annual fee cash back card for you

To find the best cash back credit card for your needs, ask yourself:

  • Do you want unlimited cash back on everything you buy?
    • SimplyCash Card from American Express. Earn 1.25% cash back on all eligible purchases. Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back).
  • Do you spend a lot on groceries?
    • Tangerine World Mastercard. Earn unlimited 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and unlimited 0.5% cash back on everything else. Conditions apply.
    • Scotia Momentum No-Fee Visa Card. Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
    • Scotia Momentum Mastercard. Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
  • Do you want flexibility on cash back categories?
    • Tangerine World Mastercard Earn unlimited 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and unlimited 0.5% cash back on everything else. Conditions apply. Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).

Learn more about cash back credit cards

Compare more no annual fee cash back credit cards

Name Product Purchase Interest Rate Cash Advance Rate Cash Back Rate Annual Fee Minimum Income Reward
Tangerine Money-Back Credit Card
1.95% intro APR for the first 6 months, 19.95% thereafter
19.95%
2%
$0
$12,000
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
SimplyCash Card from American Express
19.99%
21.99%
1.25%
$0
N/A
1.25% cash back rate on all purchases when your welcome offer ends. No cap
Earn 2.5% cash back on all eligible purchases in your first three months (up to a maximum spend of $6,000, or $150 in cash back).
Tangerine World Mastercard
19.95%
19.95%
2%
$0
$60,000
Earn 2% cash back in two categories of your choice (or three categories if you open a Tangerine Savings Account and directly deposit your cash back into the account), and 0.5% cash back on everything else.
Get a 1.95% interest rate on balance transfers for the first six months (valid within the first 30 days of account opening).
Shell CashBack Mastercard from BMO
19.99%
22.99%
1.5%
$0
$15,000
Get 1.5% cash back at participating Shell locations in Canada (up to a maximum spend of $2,500 in any monthly billing period), and get 0.5% cash back everywhere else.
Get $50 in cash back bonuses once you charge your first eligible purchase to your card. Plus, earn 1% cash back for the first 6 months on all eligible purchases.
BMO Cashback Business Mastercard
19.99%
22.99%
1.75%
$0
N/A
Earn 1.5% cash back on eligible gas purchases, office supplies and on cell phone and internet recurring payments, earn 1.75% cash back at participating Shell stations, and earn 0.75% on all other eligible card purchases.
Get 10% cash back on gas, office supplies, cell phone bills and internet bills for 3 months.
BMO CashBack Mastercard
19.99%
22.99%
0.5%
$0
$15,000
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.
Get 5% cash back on all eligible purchases in the first three months of card membership (up to a maximum spend of $2,000, and earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases thereafter). Plus, get a rate of 1.99% on balance transfers with a 1% balance transfer fee for nine months.
BMO CashBack Mastercard For Students
19.99%
22.99%
0.5%
$0
$15,000
Earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases.
Get up to 5% cash back in the first three months (up to a maximum spend of $2,000, and earn 3% cash back on groceries, 1% on recurring bill payments and 0.5% on all other eligible purchases thereafter). Plus, get a rate of 1.99% on balance transfers for 9 months, with a 1% fee for every transferred balance.
Scotia Momentum No-Fee Visa Card
7.99% intro APR for the first 6 months, 19.99% thereafter
22.99%
1%
$0
$12,000
Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by February 28, 2021.
Scotia Momentum Mastercard
7.99% intro APR for the first 6 months, 19.99% thereafter
22.99%
1%
$0
$12,000
Get 1% cash back on all eligible gas station, grocery store and drug store purchases and recurring bill payments, and get 0.5% cash back on all other eligible purchases.
Get a 7.99% introductory interest rate on all eligible purchases for the first 6 months. Apply by February 28, 2021.
Scotiabank GM Visa Card
19.99%
22.99%
5%
$0
$12,000
Earn 5% in GM Earnings on all eligible purchases on the first $5,000 annual spend, and 2% in GM Earnings on all eligible purchases thereafter.
Earn 5% in GM Earnings on all eligible purchases on the first $5,000 annual spend, and 2% in GM Earnings on all eligible purchases thereafter. For every $1 in GM Earnings, you’ll get $1 off the purchase price or lease of a new GM, Chevrolet, Buick, GMC or Cadillac.
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Compare up to 4 providers

When it comes to the best cash back credit cards with no annual fee, there are choices that suit almost any lifestyle and financial need. Before applying for a no annual fee cash back credit card, consider your own spending habits and decide if you’d prefer to earn accelerated rewards in categories like gas and groceries, or if you’d prefer to earn flat-rate cash back on all purchases.If none of the above credit cards look enticing to you, consider comparing other no annual fee credit card options.

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