Premium Credit Cards With Waived Annual Fees

Filed Under: American Express, Chase
In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers (terms apply) that we have found for each card. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, and thanks for your support!

Update: This offer for the Gold Delta SkyMiles® Credit Card from American Express has expired. Learn more about the current offers here.


Nowadays there are more great credit cards to choose from than ever before. Whether you’re looking for a card that earns cash back or points, or a card that has an annual fee or doesn’t, you have many choices.

Personally I think there’s a lot of value in picking up an annual fee credit card that has rich benefits. They key is to make sure that the benefits are valuable in categories that matter to you. In other words, some cards offer a lot of bonus points on dining and travel, while others offer bonus points on grocery stores and gas stations, so make sure you pick a card that matches your spending profile.

For those who have previously only had no annual fee cards, often a premium credit card is more approachable if it has the annual fee waived for the first year, since you can try out the card for its benefits before committing to paying an annual fee.

Best Credit Cards With Annual Fee Waived The First Year

In this post I wanted to look at some great credit cards (including personal and business cards) with premium benefits that still have the annual fee waived for the first year. There aren’t quite as many cards as there used to be with the annual fee waived the first year, so that’s why I think there’s value in summarizing some of the best options.

Here are five of the best options, starting with two personal cards and then three business cards:

Gold Delta SkyMiles® Credit Card

Through October 30, 2019, the Gold Delta SkyMiles Card is offering a welcome bonus of 60,000 bonus SkyMiles after spending $2,000 within the first three months, plus a $50 statement credit when you make a Delta purchase within that same period.

The card comes with some useful perks, including a first checked bag on Delta flights, savings on flight purchases, and more.

This card ordinarily has a $95 annual fee (Rates & Fees), though it’s waived for the first year.

Read a review of the Gold Delta SkyMiles Card.

Redeem SkyMiles for travel in Delta business class

Capital One® Venture® Rewards Credit Card

The Venture Card is offering a welcome bonus of 50,000 Venture miles when you spend $3,000 within the first three months.

Venture miles can be redeemed for one cent each towards the cost of a travel purchase, or can be transferred to select airline loyalty programs at a ratio of up to 2:1.5.

This card ordinarily has a $95 annual fee, though it’s waived for the first year.

Read a review of the Capital One Venture Card.


Redeem Venture miles for travel in Etihad business class

Capital One® Spark® Miles for Business 

This card earns 2x Spark miles per dollar spent on every purchase, every day. The card ordinarily offers a welcome bonus of 50,000 Spark miles upon completing minimum spending, but for a limited time you can earn up to 200,000 Spark miles, as follows:

  • Earn 50,000 Spark miles when you spend $5,000 within the first three months
  • Earn an additional 150,000 Spark miles when you spend $50,000 within the first six months

Spark miles can be redeemed for one cent each towards the cost of a travel purchase, or can be transferred to select airline loyalty programs at a ratio of up to 2:1.5. This is a card that I have, and that I think is worthwhile.

This card ordinarily has a $95 annual fee, though it’s waived for the first year.

Read a review of the Capital One Spark Miles Card.

Redeem Spark miles for Air France business class

Capital One® Spark® Cash for Business

This card earns unlimited 2% cash back, which could mean thousands of dollars each year going back into your business. The card ordinarily offers a welcome bonus of $500 upon completing minimum spending, but for a limited time you can earn up to $2,000, as follows:

  • Earn $500 when you spend $5,000 within the first three months
  • Earn an additional $1,500 miles when you spend $50,000 within the first six months

This card ordinarily has a $95 annual fee, though it’s waived for the first year.

Read a review of the Capital One Spark Cash Card.

Earn valuable cash back

CitiBusiness® / AAdvantage® Platinum Select® World Mastercard®

The CitiBusiness AAdvantage Card has a welcome bonus of 70,000 AAdvantage miles after spending $4,000 within the first four months.

This card also comes with some useful perks when flying American, including free checked bags, priority boarding, and more.

This card ordinarily has a $99 annual fee, though it’s waived for the first year.

Read a review of the CitiBusiness AAdvantage Platinum Card.


Redeem American AAdvantage miles for travel in Qatar Airways Qsuites

Bottom Line

There’s a lot of value in having a premium credit card that offers useful perks (like travel protection and no foreign transaction fees) while also offering bonus points in categories you spend the most in. The above are some of the best cards out there that have the annual fees waived for the first year.

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: Gold Delta SkyMiles® Credit Card from American Express (Rates & Fees).

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