Best No Annual Fee Capital One Rewards Credit Cards

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Capital One offers some of the best no annual fee credit cards on the market when it comes to earning a great return. Calculate rewards and compare cards.
Last Updated 2022-08-27 By R.Flowers III

Capital One offers a handful of no annual fee credit cards that can earn you a solid return on your spending. Review the best no annual fee Capital One credit cards and calculate which cards can earn you the most rewards and best return on your spend.

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Best For Flexible Rewards

Capital One VentureOne Rewards Credit Card
Capital One VentureOne Rewards Credit Card

The Capital One VentureOne Rewards Credit Card is one of the best no annual fee cards for building flexible travel rewards without worrying about an annual fee.

The card earns an unlimited 1.25 Venture Miles per $1 spent on all purchases and miles can be redeemed for 1 cent per point towards travel purchases either made to the card or through Capital One Travel.

The card also has no foreign transaction fee which means you can use the VentureOne worldwide without worrying about being penalized for international charges.

If you value Venture Miles at their easiest value of 1 cent each, the VentureOne Card will be the better option over the Capital One Venture Rewards Credit Card if you plan on spending less than $1,100 per month across the card.

If you plan on spending more than $1,100 per month on the card or you know how to get more than 1 cent per point in value out of Venture Miles through point transfer to Capital One's airline and hotel partners, you'll want to consider the Venture Card or Venture X Rewards Credit Card instead.

Intro Bonus: Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel.

Best For Dining & Entertainment

If you're big on dining and entertainment, then you'll want to pick up the Capital One SavorOne Cash Rewards Credit Card.

It earns an unlimited 3% cash back on dining, entertainment, and popular streaming service, 2% back at grocery stores, and 1% back on everything else.

The SavorOne has no annual fee and no foreign transaction fee which means you'll be earning a great return on your spend no matter where you're spending at.

It's a great card to have and I highly recommend pairing it with the Capital One Quicksilver Cash Rewards Credit Card if you're looking to for a solid 2-card combination that will earn you between 1.5% and 3% back on all purchases.

Intro Bonus: Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening.

Best For Flat-Rate Cash Back Worldwide

The Capital One Quicksilver Cash Rewards Credit Card is one of the most popular cash back credit cards on the market.

It earns an unlimited 1.5% cash back on all purchases ran through the card and has no annual fee, no authorized user fee, and no foreign transaction fee.

Pair this card with the Capital One SavorOne Cash Rewards Credit Card and you'll have yourself a great two-card combination for earning some great cash back.

It's one of the best credit cards to have if you're looking to earn easy and simple cash back rewards that you can redeem for just about anything.

Intro Bonus: One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.

Best For Walmart Shoppers

Capital One® Walmart Rewards® Mastercard®
Capital One® Walmart Rewards® Mastercard®

The Capital One Walmart Rewards Mastercard is the best credit card for cash back rewards on your Walmart spending.

It earns 5% cash back on Walmart.com purchases, 2% back on in-store Walmart purchases, restaurants and travel purchases, and Walmart and Murphy USA Fuel Station purchases, and 1% back on everything else.

Rewards earned with the card can be redeemed for cash back, statement credits, recent purchases in and out of Walmart, and more. The card has no annual fee and no foreign transaction fee.

If you don't want to deal with credit cards that feature Walmart as a quarterly rotating category or you want to earn a high return on Walmart purchases all year long, the Walmart Rewards Mastercard is the way to go.

The card can also be used internationally thanks to the 0% foreign transaction fee which means it can double as a travel rewards card if you don't mind earning rewards tied to Walmart.

Intro Bonus: Earn 5% cash back in Walmart stores for the first 12 months after approval when you use your Capital One Walmart Rewards® Card with Walmart Pay.

Best For Business Cash Back

Capital One Spark Cash Select for Business
Capital One Spark Cash Select for Business

The Capital One Spark Cash Select for Business is one of the best no-annual fee cash back business credit cards available, especially for small businesses.

It earns an unlimited 1.5% cash back on all purchases, has no annual fee, and has no foreign transaction fee.

It is the better option over the Capital One Spark Cash Plus if your business spends less than $30,000 per year ($2,500 per month).

Intro Bonus: Earn a $500 cash bonus when you spend $4,500 in the first 3 months.

Best Capital One Credit Cards Summary

Credit Card Best For Annual Fee
Capital One VentureOne Rewards Credit Card Flexible Rewards $0
Capital One SavorOne Cash Rewards Credit Card Dining & Entertainment $0
Capital One Quicksilver Cash Rewards Credit Card Flat-Rate Cash Back Worldwide $0
Capital One® Walmart Rewards® Mastercard® Walmart Shoppers $0
Capital One Spark Cash Select for Business Business Cash Back $0

Capital One Rewards Calculator

Use the Capital One Rewards Calculator to find out which cards will earn you the most cash back, points, or miles based on the spend amounts you enter into the tool.

Results will consist of no-annual fee Capital One credit cards from our partners and will be sorted by net return which is the average value of the total rewards earned, plus annual credits, and minus annual fees.

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Results

These estimates are to help guide you towards making the best decision when it comes to picking up a rewards credit card. They should be used for illustrative purposes only.

You can click on the estimated earnings to see the calculations or click on the card to learn more and apply for the card through our partners.

Do note that all spend amounts entered into the tool above will carry over to every credit card rewards calculator on the site, so there's no need to re-enter spend if you choose to dive deeper into calculating rewards for credit cards on the site.