Be Smarter With Your Holiday Shopping by Using These 6 Credit Cards

  • In Business
  • 2021-10-25 11:30:01Z
  • By GOBankingRates
kate_sept2004 / iStock.
kate_sept2004 / iStock.  

The holidays are a time when we tend to spend more money than usual between gifts, travel and parties. Putting these purchases on a credit card -- as long as they are paid off in full -- can help you to make the most of this extra spending, as every swipe can help you earn rewards, cash back and other perks. However, some credit cards are better than others when it comes to cashing in on your holiday shopping.

GOBankingRates' Best Credit Cards: See the Top Cards and Get Helpful Tips
Read More: The Quickest Ways To Pay Off Your Credit Card Debt

GOBankingRates spoke to credit card insiders to find the best credit cards for all of your holiday expenses. Use these cards to make the most of the costly season.

See: Why It's Still Better To Use Your Credit Card Over Your Debit Card

Last updated: Oct. 11, 2021

Business Wire, Inc.
Business Wire, Inc.  

Amazon Prime Rewards Visa Signature Card

"If you're an Amazon Prime member, use the Amazon Prime Rewards Visa Signature Card for your holiday shopping," said Nathan Grant, senior credit industry analyst at Credit Card Insider. "You not only get 5% back on all Amazon purchases, but you have the potential to earn cash back on other purchases too. Also, when approved, you receive a generous $75 Amazon gift card."

Learn: The Top Purchases You Should Always Make With a Credit Card

RgStudio / Getty Images
RgStudio / Getty Images  

Chase Freedom Unlimited

"My pick would be the Chase Freedom Unlimited card," said Carter Seuthe, VP of content at Credit Summit. "If you spend over $500 in the first three months, you get $250 cash back, which is a great deal -- and it is easy to spend that much money during the holidays. You also get 1.5% back on every purchase, and there is no annual fee. There are pretty high foreign transaction fees, but unless you are traveling internationally during the holidays, that shouldn't be much of an issue."

Check Out: 90-Second Moves To Raise Your Credit Score 200 Points

Rostislav_Sedlacek / Getty Images/iStockphoto
Rostislav_Sedlacek / Getty Images/iStockphoto  

Chase Sapphire Preferred

"In my opinion, the best card for holiday shopping is the Chase Sapphire Preferred card," said Jake Hill, CEO of the personal finance site DebtHammer. "It has one of the best sign-up bonuses -- if you spend $4,000 in the first three months, you automatically get 100,000 points, which is equivalent to $1,250. Spending is high during the holiday season because of gifts and traveling, so it is not too hard to reach the reward. It does have a pretty high annual fee of $95, unfortunately, but that's the only major downside."

Read More: This Easy Trick Will Improve Your Credit Score and Avoid Late Payments

Sign Up for a Cash-Back Credit Card
Sign Up for a Cash-Back Credit Card  

Citi Double Cash Card

With the Citi Double Cash Card, you earn 2% cash back on purchases -- 1% when you buy and 1% as you pay. Plus, the card has no annual fee.

"The Citi Double Cash Card is wonderful for earning cash back on general shopping," said Caleb Reed, founder of the personal finance blog TheDollarBudget.

Options: 10 Credit Cards To Consider for Travel Rewards

zeljkosantrac / Getty Images
zeljkosantrac / Getty Images  

Discover it Cash Back Credit Card

This no annual fee cash-back credit card allows you to earn 5% cash back on certain purchases every quarter, and during the holiday season, you earn extra cash back at the retailers you likely shop at the most.

"The Discover it Cash Back Credit Card is perfect for earning cash back on purchases from Best Buy, Walmart, Target and Amazon," Reed said.

See: What Happens When You Get Denied for a Credit Card - And What To Do Next

Lisa Schulz / Shutterstock.
Lisa Schulz / Shutterstock.  

Target RedCard

"If you're planning on shopping at Target this holiday season, you can't really go wrong with their card options," Grant said. "The Target RedCard credit card gives you 5% off everyday purchases at Target and on Five percent is about as much as you can hope for with most cash-back cards, and if you time your purchases around Black Friday deals, you could save even more money."

"If you've applied for new credit recently and aren't looking to apply for a new credit card just yet, you can instead apply for the Target RedCard debit card," he continued. "It links to your checking account, but still offers the same 5% discount on purchases made with it."

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This article originally appeared on Be Smarter With Your Holiday Shopping by Using These 6 Credit Cards


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