There are some companies which offer rewards credit cards with no annual fees. From googling on the subject, I understood that the following companies offer this bonus - Mecu Visa, CitiBank, Westbank, American Express, HSBC and more.
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There are many different cards that do not charge an annual fee. Usually an annual fee is related to a rewards type of credit card, but companies such as MasterCard and Visa also offer no annual fee cards.
Most credit card companies offer no annual fee credit card to newcomers. Those cards are often thrift less and offer no rewards or have higher interest rates to compensate.
Both Citi and Chase offer multiple options for credit cards. Both companies have cards with no annual fee, low APR's, and rewards. The cards from both companies also get good reviews from users.
Credit cards have annual fees to help cover the costs of providing benefits and services to cardholders, such as rewards programs, travel insurance, and customer support. These fees also help generate revenue for credit card companies.
No annual fee credit cards can come with quite a range of rewards and reward programs. You can get anything from a check to pay off some of your mortgage to a gift card.