Best Credit Cards for Holiday Shopping
LowCards is a Citi partner. These offers, valid when the article was written, may have expired. View our full editorial disclaimer here.
The holiday season brings out the shopaholic in all of us as we buy the gifts for loved ones and friends. To make the most of the money you spend, make sure you maximize your credit card rewards program.
Here are a few of the cards that are more appealing to use during the holiday season.
The Chase Freedom is a great cash back credit card for the holidays. It offers 5% cash back at Amazon.com and other select online stores through December 2015. The limit for the 5% offer is $1,500 per quarter, but you can still get 1% cash back on all other purchases. There is a $150 cash back bonus once you spend $500 during the first three months of having the card. Plus, you can earn a $25 bonus after adding your first authorized user and making a purchase within the same three month period.There is no annual fee with this card.
Retail Store Credit Cards
Some stores offer attractive deals on their retail credit cards during the holidays, knowing this is a peak time for applications. But consumers need to be very diligent in reading the terms and conditions of these cards before you apply. Many have incredibly high APRs. If you carry a balance from one month to the next, those interest payments will more than negate any up-front savings.
Purchasing gift cards can also be a way to save money. Many stores and restaurants run specials on gift cards during the fourth quarter where they will give a small gift card to the buyer as a reward for purchasing a larger gift card. Contact your favorite restaurants to see if they offer any bonus on the purchase of a gift card.
The information for the Chase Freedom has been collected independently by LowCards.com. The product details on this page have not been reviewed or provided by the bank advertiser.