The Best No Overdraft Fee Credit Cards, Announced by MyRatePlan.com
August 13, 2014 - SEATTLE, WA
Today, MyRatePlan.com, a leading comparison site, announced the best no overdraft fee credit cards available. A credit card with no overdraft or overlimit fee allows consumers to rebuild credit or use credit during emergencies without fear of extensive overlimit fees. These cards are different from other credit cards by keeping overlimit fees off and providing a number of cash back rewards to encourage consumers to shop and check credit.
The Discover it card is a popular cash back tool offered by Discover. It is an excellent card for those seeking immediate cash back discounts on everyday purchases without an annual fee. All purchases are eligible for a 5% cash back offering. There is also a 0% APR trial period for 14 months on transfers and purchases. It also has the ability to gain rewards during the shopping season with access to the ShopDiscover online bonus mall.
The Discover it card uses a free online FICO monitoring service to check scores on each monthly statement. Discover it also uses a credit monitoring service that can alert consumers of suspicious activity by email or phone. This makes the card a safe route to use to protect bank information associated with debit card purchases.
Discover it chrome is an extension of the standard Discover it card. Individuals with good credit can have additional double cash back rewards on everyday purchases through online retailers. Cash back rewards points for online retailers range from 5-20% back. This makes it an excellent credit card for those who use online shopping as a main tool. Cardholders also earn 2% cash back on up to $1000 spent at restaurants and gas stations each quarter and 1% cash back on all other purchases. There is also the consistent advantage of no annual fee or late fee on a first initial late payment. There is no overdraft fee or overlimit fee on this card.
The Discover it chrome card also features Discover's signature credit monitoring service that alerts consumers when there is unusual activity on the card by phone or email. Some of the additional features of the chrome product include a lower overall interest rate and introductory APR for balance transfers. The chrome version makes this an attractive card for excellent credit borrowers for transferring higher balances and taking advantage of the lengthy intro APR.
The Credit One Bank Gas Rewards Credit Card is a great way to rebuild fair credit and still get a cash back feature on all purchases. A 1% cash back feature is available on all gas purchases and posts each month. Credit One Bank is also a generous card for obtaining an extended credit line after making the first six payments on time. The online credit monitoring service is a valuable tool that comes free with this card to track how it is improving the average FICO score.
The gas rewards card from Credit One Bank has a built-in monitoring service that alerts consumers when a payment is due to prevent any overlimits or late fees. There is no overdraft fee or overlimit fee to this card, which makes it an excellent choice in the market of poor to fair credit borrower options. A pre-qualification application also has less of an impact on a credit report than more selective no overdraft fee cards.
MyRatePlan.com is a leading comparison site that allows users to compare credit cards, mobile phones, cell phone plans, and more. MyRatePlan was founded in 1999 to help users find the best recommendations for them based on innovative and proprietary tools and customer input.