Navy Federal cashRewards Plus

The cashRewards Plus is a straightforward flat-rate card: 2% cash back on everything with no annual fee and no foreign transaction fees. The catch is that you cannot apply for it directly: it is issued through the regular cashRewards application only when you are approved for a credit limit of $5,000 or more, and lower limits get the 1.5% cashRewards instead. Beyond the rewards, it offers a 1.99% intro APR on balance transfers for 12 months with no balance transfer fees, a combination that makes paying down existing debt cheaper than on most cards. The regular APR range of 14.15% to 18% is also lower than typical. Add a $250 bonus after $2,500 in spending in the first 3 months, and it is a simple, low-cost keeper if you qualify for the higher limit.