These are great cards for people who can't find the time or motivation to focus on monitoring their credit cards.
Do you have better things to worry about than your credit cards? Since most of us do, it’s easy to misplace a monthly statement, lose a card or even forget to make a payment. And when we forget, it would be nice to have a credit card issuer that is ready to forgive you and even help you make it better. Thankfully, there are several credit cards that offer terms to help cardholders who might make a mistake from time to time.
Keep in mind that a late payment can still affect your credit, as it will be listed on your credit report. (You can see how any late payments are affecting your credit scores for free on Credit.com.) However, there are other potential negative impacts that you can avoid if you choose a card that’s more forgiving.
Here are four credit cards for the forgetful.
1. PenFed Promise
This card consistently wins our Best Credit Card in America award for the Simplest Card because it has no fees whatsoever. This means that forgetful cardholders don’t have to worry about paying a late payment fee. And although most other cards will impose a penalty interest rate on those who make a late payment, this card will continue to offer cardholders the standard rate, regardless of their payment history. To receive this card, applicants must be a member of the Pentagon Federal Credit Union, which is open to members of a wide variety of military, government and defense industry workers, as well as members of their family or household. In addition, membership is open to those who belong to a military support group, which anyone can join for a one-time fee of $15. And since there are no fees for this card, that means that there is no annual fee, too.
2. Citi Simplicity
Like the PenFed Promise, the Citi Simplicity features no late fees or penalty interest rate. This card also boasts 18 months of interest-free financing on both new purchases and balance transfers (with a 3% balance transfer fee). Other benefits for the forgetful include automatic account alerts to remind cardholders of their balance levels, payments due or when they go over their credit limit. Account alerts can be received by email or text messages directly on their mobile phone. Cardholders can also choose their own payment due date, so they can pick the time of the month that works for them and is easiest to remember. There is no annual fee for this card.
3. Discover it Miles
The new Discover it Miles card offers several features for forgetful people. Discover will automatically waive a cardholder’s first late payment fee, and there is never any penalty interest rate. And while the standard Discover it card requires cardholders to go online and activate their bonus reward categories each quarter, the Discover it Miles card offers 1.5 miles per dollar spent on all purchases, all the time, with nothing to remember. Additionally, new cardholders receive double the miles they earned during their first year as a cardholder, automatically, so long as their account is open and in good standing.
Discover also offers email and text reminders as well as a mobile app that cardholders can use to notify them of important events such as their statement being available and their payment being due. Finally, Discover also has a great reputation for fast replacement of lost, stolen or damaged credit cards. There is no annual fee for this card.
4. Capital One Quicksilver
Capital One has a streamlined rewards system, which means that cardholders don’t have to remember all sorts of confusing terms and conditions to use the rewards that they have earned. With the Quicksilver card, customers earn 1.5 cents per dollar spent, with no bonus categories to register for or worry about. And as a Visa Signature card, customers have access to 24/7 emergency card replacement and cash disbursement, in case their card is lost, stolen or just forgotten. There is no annual fee for this card.
Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.
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This article originally appeared on Credit.com.