With Christmas right around the corner, it’s the perfect time to review some of the best credit card offers for the holidays. Whether you spend a little or a lot this holiday season, you can save a ton of money by using the right credit card for purchasing gifts. Use the wrong card, and you’ll end up missing out on some potential savings.
The best holiday cards fall into one of three categories: cash back, 0% APR, or travel rewards. Depending on what your financial goals are, picking the right card is really pretty easy. We’ll start with the Credit Card Offers IQ editor’s pick for the best holiday card, and then we will review several other top picks in each category.
Holiday Credit Card Editor’s Pick
Holiday Cards with Cash Back
If you shop at Costco then a great option is the TrueEarnings® Card from Costco and American Express. This card pays cash back as follows: 3% Cash back at US gas stations and on gasoline at Costco up to $4,000 per year in purchases, then 1%; 2% cash back at US restaurants; 2% cash back on eligible travel purchases, including at Costco; 1% cash back on other purchases, including at Costco. Because Costco does not accept other credit cards, this is the best cash back card available for Costco purchases. For more information or to apply online, visit our TrueEarnings® Card from Costco and American Express Review.
Holiday Cards with 0% APR
If buying gifts interest fee is the most important feature for you, consider the Slate® from Chase. The card offers an introductory rate of 0% for 15 months on purchases and 0% for 15 months months on balance transfers. And the card charges no annual fee. You can get more information from our Slate® from Chase Review.
The Citi® Dividend Platinum Select® Visa® Card makes the list because it offers it gives $100 cash back after $500 in purchases within the first 3 months of account opening. Plus, it has a nice 0% introductory APR for 12 months*. You can get more information from our Citi® Dividend Platinum Select® Visa® Card Review.
Holiday Cards for Travel Rewards
If you love to travel, holiday spending can be a great way to earn points from the right credit cards. The Chase SapphireSM Card is a points card that can be used for travel rewards. The card is great for holiday shopping because it offers 10,000 bonus points after you spend $500 in the first 3 months and it has no annual fee. You can get more information from our Chase SapphireSM Card Review.
Photo Credit: Mr. T in D.C. via Flickr