The Credit Card That Will Change Your Life – No Fees, Cashback, and Fast Approval!

If you’re in Spain and looking for a credit card that offers excellent benefits like no annual fees, cashback, or travel perks, then you are in the right place.

In Spain, many credit card options are available to suit different needs, from travel rewards to cashback on everyday purchases.

The right credit card can help you save money, build your credit score, and maximize your rewards with smart spending.

Here are the top five credit cards available in Spain, each offering unique advantages to help you make the most out of your finances.

1. American Express Platinum Card – The Ultimate Card for Frequent Travelers

The American Express Platinum Card is widely considered one of the best premium credit cards available in Spain, especially for those who travel often and want access to luxury benefits.

Key Benefits:

• Welcome Bonus: Earn 60,000 Membership Rewards points after spending €4,000 in the first three months. This bonus is worth up to €750 in travel.
• Earn Rewards: Earn 1 point per €1 spent on regular purchases. Points can be transferred to over 20 airline and hotel partners, including Iberia, Hilton, and Marriott.
• Travel Perks: Enjoy unlimited access to over 1,200 airport lounges worldwide with Priority Pass. The card also offers comprehensive travel insurance that includes rental car coverage, trip cancellation insurance, and baggage protection.
• Hotel Privileges: Automatic Gold status with hotel programs like Marriott Bonvoy, Hilton Honors, and Radisson Rewards, which provides perks like room upgrades and free breakfast.

Fees and Requirements:

• Annual Fee: €650.
• Income Requirement: Minimum annual income of €40,000.

Best for: Frequent travelers who want to earn premium rewards and enjoy luxury travel perks.

2. American Express Gold Card – Best for Earning Rewards on Dining and Travel

For those who want a premium card with slightly lower fees, the American Express Gold Card is an excellent choice. It’s designed for individuals who spend a lot on dining out and travel.

Key Benefits:

• Welcome Bonus: Earn 20,000 Membership Rewards points after spending €2,000 in the first three months.
• Earn Rewards: Earn 3 points per €1 on restaurants and travel bookings, and 1 point per €1 on all other purchases.
• Travel Insurance: Comprehensive travel insurance that includes protection for trip cancellations, baggage loss, and emergency medical expenses.
• Dining Perks: Access to exclusive offers at top restaurants and discounts on food and beverage purchases.

Fees and Requirements:

• Annual Fee: €170 (free for the first year).
• Income Requirement: Minimum annual income of €30,000.

Best for: Those who want to maximize rewards on dining and travel expenses.

3. Santander Credit Card – Perfect for Cashback and Flexibility

The Santander Credit Card is a straightforward option with a focus on cashback, making it an excellent choice for everyday spenders who want to earn rewards without worrying about categories or restrictions.

Key Benefits:

• Cashback: Earn 1% cashback on all purchases, with a cap of €120 cashback per year.
• Flexible Payments: You can choose to pay off the balance in full each month or opt for revolving credit with a 18% interest rate.
• No Annual Fee: There is no cost to hold the card, making it ideal for those who don’t want to pay an annual fee.
• Insurance: The card offers purchase protection and travel insurance, which includes protection for lost luggage, delayed flights, and emergency medical coverage.

Fees and Requirements:

• Annual Fee: No annual fee.
• Income Requirement: Minimum annual income of €20,000.

Best for: Individuals who want a simple cashback card without any complicated categories or high fees.

4. BBVA Aqua Card – A Card with Zero Fees and No Annual Charges

The BBVA Aqua Card is one of the most popular no-fee credit cards in Spain, designed for those who want to avoid paying for the privilege of using a credit card while earning some basic rewards. This card is particularly suitable for those who are new to credit cards or want to simplify their financial management.

Key Benefits:

• No Annual Fee: One of the best features of the BBVA Aqua Card is that it has no annual fee.
• Zero Foreign Transaction Fees: When traveling abroad, you won’t be charged any foreign transaction fees.
• Earn Rewards: Get 1 point for every €1 spent, which can be redeemed for shopping discounts or travel services.
• Cashback Option: Choose cashback in lieu of points for simple and straightforward rewards.
• Payment Flexibility: The Aqua card offers the option to pay for purchases in installments, making it a flexible option for managing your spending.

Fees and Requirements:

• Annual Fee: None.
• Income Requirement: Minimum annual income of €18,000.

Best for: Those who want a no-annual-fee card with basic rewards and flexible payment options.

5. CaixaBank Repsol Card – Best for Fuel and Everyday Spending

If you frequently drive or purchase fuel, the CaixaBank Repsol Card offers great cashback and discounts on fuel, along with other useful benefits for everyday purchases.

Key Benefits:

• Cashback on Fuel: Get 3% cashback on purchases at Repsol gas stations, which can add up quickly if you drive regularly.
• Cashback on Everyday Purchases: Earn 1% cashback on groceries, restaurants, and other day-to-day purchases.
• No Annual Fee: The card does not have an annual fee, making it an economical choice for regular fuel users.
• Additional Discounts: Enjoy exclusive discounts at Repsol and other affiliated merchants.

Fees and Requirements:

• Annual Fee: None.
• Income Requirement: Minimum annual income of €20,000.

Best for: Drivers and individuals who spend a lot on fuel and everyday items.

---

Factors to Consider When Choosing the Best Credit Card in Spain

When selecting the best credit card for your needs, consider the following factors:

1. Type of Rewards

• Cashback: If you prefer straightforward rewards, cards like the Santander Credit Card or CaixaBank Repsol Card offer cashback on every purchase.
• Travel Points: Cards like the American Express Platinum and Gold Card provide points that can be redeemed for travel rewards, including flights and hotel stays.

2. Fees and Interest Rates

• Annual Fee: Some cards come with a significant annual fee (such as the American Express Platinum), while others, like the BBVA Aqua Card and Santander Credit Card, have no annual fees.
• Interest Rates: Pay attention to the interest rates on purchases and cash advances. Revolving credit often carries higher interest rates.

3. Spending Categories

• Fuel: If you spend a lot on fuel, consider the CaixaBank Repsol Card, which offers high cashback on fuel purchases.
• Dining and Travel: The American Express Gold and Platinum Cards are great for those who dine out or travel frequently.

4. Credit Limit and Eligibility

• Be aware of the minimum income requirements for each card. Cards like the American Express Platinum have higher income requirements, while others, like the Santander Credit Card, have more flexible eligibility criteria.

5. Flexibility and Payment Options

• Look for cards that offer payment flexibility through installment plans or the ability to carry a balance, depending on your spending habits.

Conclusion: Choosing the Right Credit Card in Spain

Choosing the right credit card in Spain depends on your spending habits, financial goals, and the type of rewards you seek. Whether you’re looking for premium travel perks, cashback on everyday purchases, or a no-fee card, there’s a card that suits your needs.

To maximize your benefits, carefully compare the options available, keeping in mind factors such as annual fees, rewards programs, and additional perks.

The right card can transform the way you manage your finances, helping you save money, earn rewards, and improve your financial security.