Getting travel credit cards with no annual fee is a chance that no one wants to miss. Not paying an annual fee while traveling adds a cherry on the cake. Everyone wants to travel without spending too much.

In this article, we are going to list some of the best credit cards for travel with no annual fee. Having listed options clears a lot of confusion.

We are also going to discuss a lot more.

What is a Travel Credit Card?

With these cards, both regular purchases and travel-related ones earn you points or miles. When you have a certain number of points or miles, you can exchange them for benefits like travel and lodging. One of these cards can be a wise financial tool if you travel frequently.

Travel-related credit cards operate like other rewards cards. When you make purchases, you accumulate currency that may be redeemed for rewards at various rates.

Although they differ from card to card, currencies are usually referred to as "points" or "miles." The majority of airline cards, for instance, give miles toward the carrier's loyalty program.

You typically receive payment in the form of points from travel and hotel credit cards. Both currencies can be used to purchase trips and other perks.

Finding the balance of benefits and drawbacks that provides you with the best value for your needs is key to navigating the credit card market.

Make sure to assess each card you select for the precise usage you have for the card. A card rewarding your specific spending patterns and goals will outperform one that seems best for the general customer.

Be careful that even cards without annual fees frequently impose other costs. Cardholders may also be subject to penalty costs, including over-limit fees, late payment fees, and fees for particular actions.

Like foreign transactions, cash advances, and balance transfers, in addition to interest charges accrued while a balance is carried.

If there is no annual fee, you will not be charged to keep the credit card active. You can still be charged interest, overdraft fees, late payment costs, or international transaction fees even if there is no yearly fee.

How to Choose a Travel Credit Card

Based on how many air miles you anticipate earning from your travel expenses, you might select a travel credit card. Additionally, you must consider the possibilities for redeeming those miles.

While selecting a card, benefits like lounge access, travel concierge services, and golf lessons and sessions should also be taken into account. Nothing is better than when all of these include a waiver of the yearly cost.

Eligibility of Travel Credit Cards

To approve a travel card with no annual fee, banks look for the following -

• Decent and reliable income
• A minimum of 1.8 to 2 lakh rupees must be earned annually.
• A high credit rating of 750 or higher
• Applicants between the ages of 21 and 60 for salaried positions and 21 and 65 for self-employment.

Advantages

Each card provides a unique set of advantages. The following are some variations based on the person, however, most credit cards provide -

• Fraud prevention (every consumer card must provide some level of protection)
• First-time APRs
• Welcome incentives
• Earning rewards (such as cashback on sales)
• Absence of foreign transaction amount
• Sales on the purchase of in-flight meals and beverages

List of best No Annual Fee Travel Credit Cards

Conclusion

Numerous top-notch travel cards provide generous rewards and features without requiring a yearly fee.

Paying a yearly charge is not necessary until he/she can get a sufficient amount from the card as the best it can provide.

However, paying no yearly amount does not mean paying nothing. Before confirming, do your steps carefully.

Remember that because there isn't a yearly amount, it doesn't mean you won't be hit with other things if you don't manage your account wisely.