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
The editor’s pick is an easy choice–the Chase Freedom(SM) card. The Chase Freedom(SM) card gets our editor’s pick because it combines several features that make for a great credit card for the holidays (or anytime for that matter). First, it offers 1% cash back on all purchases, and up to 3% cash back on select categories of purchases. Second, the Freedom card offers a 0% intro on balance transfers for up to 12 months. If you’d like more information about this card or to apply only, visit the Chase Freedom website by clicking here.
Holiday Cards with Cash Back
One of the best cash back credit cards for the holidays is the Discover More Card, and this is the card we use for our daily purchases. The Discover More card offers up to 5% cash back on select categories that change every three months. Otherwise, the card offers up to 1% depending on how much you spend.
In addition, the card offers 0% APR on purchases and balance transfers for 6 months. If you’d like more information about the card or to apply online, visit the Discover More website by clicking here.
If you shop at Costco a lot, another great option is the TrueEarnings Card by Costco and American Express. This card pays cash back as follows: 3% for gasoline, for annual gasoline purchases of up to $3,000 (1% thereafter), 3% for restaurants, 2% for travel, 1% everywhere else, including Costco. Because Costco does not accept other credit cards, this is the best cash back card available for Costco purchases.
the card also offers a $25 statement credit after the first purchase. And there is no annual fee with a paid Costco membership. For more information or to apply online, visit the American Express TrueEarnings page by clicking here.
Holiday Cards with 0% APR
If buying gifts interest fee is the most important feature for you, consider the Slate card by Chase. This card offers a 0% APR interest on purchases and balance transfers for 12 months. And the card charges no annual fee. You can get more information from Chase by clicking here.
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 Sapphire 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 to new card holders, which is good for a $100 statement credit. And it has no annual fee. Visit Chase Sapphire for more information and to apply for the card.