10 no-annual-fee credit cards that earn transferable points

05.03.2024 - 15:48 / thepointsguy.com / Airlines

Transferable points are some of the most valuable rewards currencies in the travel world. The best ways to redeem these points is typically to book travel or to transfer them to airline and hotel partners.

While there are many attractive rewards credit cards with annual fees, today we'll focus solely on no-fee credit cards that earn transferable points to help you start accruing travel rewards at minimal cost.

Six personal cards made our list of the best no-fee credit cards that earn transferable points. These cards earn a variety of rewards while providing numerous other benefits for cardholders.

The Amex EveryDay® Credit Card from American Express is designed for everyday expenses.

It earns 2 Membership Rewards points per dollar on the first $6,000 you spend at U.S. supermarkets per calendar year and 1 point per dollar after, as well as on other eligible purchases. You can also earn 2 points per dollar when booking prepaid hotel stays, vacation packages, and cruises through Amex Travel.

To encourage regular use of the card, you'll receive a 20% bonus on the points earned when you use the card for 20 or more transactions in a billing period.

New cardholders can earn a welcome bonus of 10,000 points after making $2,000 in purchases within six months of opening their account. The best way to redeem your Amex points is through transfer partners. The Membership Rewards program's partners include 18 different airlines, such as ANA, JetBlue and Virgin Atlantic. You also have the option to transfer your points to three hotel chains: Hilton, Marriott and Choice Hotels.

And you can take advantage of transfer bonus promotions to get additional miles or points when transferring to eligible partner loyalty programs.

To learn more, read our full review of the Amex EveryDay card.

The information for the Amex EveryDay card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Related: How to redeem American Express Membership Rewards for maximum value

Capital One made its name offering fixed-value cash-back cards. But now, four cards let you earn transferable miles.

The Capital One VentureOne Credit Card (see rates and fees) earns an unlimited 1.25 miles per dollar spent on every purchase that you make with no bonus categories to worry about. Plus, you can earn a bonus of 20,000 bonus miles once you spend $500 within the first three months from account opening. There are no caps to the number of miles you can earn, and the miles never expire as long as your account stays open.

Miles can be used to offset travel purchases or book travel through the Capital One travel portal, or you transfer them to 15-plus hotel and airline