The best credit cards for holiday shopping in 2021

That’s part of the story. Holiday Gift Guide 2021Our list of ideas, in terms of subject matter, recipient and price, to help you discover the best gift.

Amidst the challenges of the supply chain and the ongoing COVID-19 epidemic, there is much to worry about as the 2021 holiday season approaches. Buyers who plan, stay on a budget, and use the power of credit cards can maximize their vacation spending – and use extra things like cashback and purchase protection. ۔ There is no annual fee in all of our choices for the best credit card for holiday shopping, and there are many solid 0% introductory APR periods, competitive welcome bonuses, and credit card rewards programs.

Intro bonus$ 200 online cash prize bonus after making a minimum purchase of $ 1,000 in the first 90 days of account opening

April13.99% – 23.99% variable APR on purchases and balance transfers

Recommended Credit The best

Reward rates

  • Get 3% cashback in the category of your choice (up to $ 2,500 / quarter grocery store / wholesale club quarterly purchases in the joint selection category)
  • Automatic 2% Earnings at Grocery Stores and Wholesale Clubs (Up to $ 2,500 in Quarter Shopping / Grocery Stores / Wholesale Club Quarterly Shopping)
  • Earn an unlimited 1% on all other purchases.

Annual fee0

Intro Purchase APR0% intro APR for 15 billing cycles for purchases

Intro Balance Transfer APR0% intro APR for 15 billing cycles for any BTs created in the first 60 days. 3% fee (minimum 10) applies.

Balance transfer fee Either $ 10 or 3% of the amount of each transaction, whichever is higher.

Balance Transfer APR13.99% – 23.99% variable APR on purchases and balance transfers

Late payment fee Up to 40

Foreign transaction fees 3%

Fine APR Up to 29.99% APR

  • Get 3% cashback in the category of your choice (up to $ 2,500 / quarter grocery store / wholesale club quarterly purchases in the joint selection category)
  • Automatic 2% Earnings at Grocery Stores and Wholesale Clubs (Up to $ 2,500 in Quarter Shopping / Grocery Stores / Wholesale Club Quarterly Shopping)
  • Earn an unlimited 1% on all other purchases.

Take ours

The Bank of America Customized Cash Rewards Credit Card * will get you the most cashback if you make most of your purchases online this holiday season. “Online Shopping” is one of the categories you can select for the 3% cashback reward rate of the card. Note that you need to actively select this category of rewards on the Bank of America app or website. You’ll also receive 2% cashback on grocery stores and wholesale clubs (up to $ 2,500 in combined quarterly purchases in the 3% and 2% categories, then 1%), and a 1% cashback reward rate on all other purchases. Include other holiday expenses.

$ 200 Online Cash Rewards Introductory Bonus Rewards (after spending $ 1,000 in the first 90 days of account opening) and 0% introductory APR for 15 billing cycles on purchases and any balance transfers made in the first 60 days (13.99) % To 23.99% (then variable APR) to make this cash prize card even more competitive with our other choices.

Intro bonus$ 200 bonus after spending $ 500 on purchases in the first 3 months of account opening.

April14.99% – 24.74% variable

Recommended Credit The best

Reward rates

  • 5% cashback on grocery store purchases up to $ 12,000 spent in the first year (including Target® or Walmart® purchases).
  • 5% on trips purchased through Chase Ultimate Rewards®.
  • 3% cashback on restaurant meals, including take-out and delivery services and drugstore purchases.
  • Unlimited 1.5% cashback on all other purchases.

Annual fee0

Intro Purchase APR0% intro APR on purchases for 15 months

Balance transfer fee Either $ 5 or 5% of each transfer amount, whichever is higher.

Balance Transfer APR14.99% – 24.74% variable

Foreign transaction fees 3% of each transaction in US dollars

Fine APR Up to 29.99%

  • 5% cashback on grocery store purchases up to $ 12,000 spent in the first year (including Target® or Walmart® purchases).
  • 5% on trips purchased through Chase Ultimate Rewards®.
  • 3% cashback on restaurant meals, including take-out and delivery services and drugstore purchases.
  • Unlimited 1.5% cashback on all other purchases.

Take ours

Chase Freedom Unlimited Credit Card offers purchase protection against loss or theft of items within 120 days of purchase – issuing a refund of up to $ 500 per claim up to $ 50,000 per account. It’s like insurance on your holiday gifts. This card also offers some of the best features of other cards: 15 months low spending introductory bonus on purchase and 0% introductory APR (thereafter 14.99% to 24.74% variable APR). And without any annual fees, you can retain these purchase protection benefits and rewards throughout the year. By doing so, cardholders can take advantage of generous reward rates for non-holiday categories (such as grocery stores and drugstores) offered by this card.

Intro bonusN / A

April14.49% – 24.49% * (variable)

Recommended Credit Good

Reward ratesN / A

Annual fee0 *

Intro Purchase APR0% * for 20 billing cycles on purchases *

Intro Balance Transfer APR0% for 20 billing cycles on balance transfer *

Balance transfer fee Either 3% of each transfer amount or at least $ 5, whichever is higher.

Balance Transfer APR14.49% – 24.49% * (variable)

Foreign transaction fees 2% of every foreign purchase transaction or foreign ATM advance transaction in USD. 3% of every foreign purchase transaction or foreign ATM advance transaction in foreign currency

Take ours

Although US Bank’s Visa Platinum Card does not offer introductory bonuses or rewards programs, it defeats 0% introductory APR (then 14.49% to 24.49% variable APR) on purchases and balance transfers for 20 billing cycles. It’s difficult. So if your main goal with your holiday purchases is to maximize your payments without any consequences, you can apply for this card and pay a minimum of 20 interest-free introductory billing cycles. Can do This type of credit card can be especially helpful if you plan to make a big purchase this holiday season.

Intro bonusReceive a $ 200 bonus after spending $ 500 on purchases in the first 3 months of account opening.

April14.99% – 24.74% variable

Recommended Credit Excellent, good

Reward rates

  • 5% cashback on grocery store purchases up to $ 12,000 spent in the first year (including Target® or Walmart® purchases).
  • Up to 500 1,500 5% cashback on quarterly purchases in the bonus category. Enjoy new 5% categories every quarter!
  • 5% cashback on trips purchased through Chase Ultimate Rewards®.
  • 3% cashback on restaurant meals, including take-out and delivery services and drugstore purchases.
  • 1% on all other purchases.

Annual fee0

Intro Purchase APR0% intro APR on purchases for 15 months

Balance transfer fee Either $ 5 or 5% of each transfer amount, whichever is higher.

Balance Transfer APR14.99% – 24.74% variable

Foreign transaction fees 3% of each transaction in US dollars

Fine APR Up to 29.99%

  • 5% cashback on grocery store purchases up to $ 12,000 spent in the first year (including Target® or Walmart® purchases).
  • Up to 500 1,500 5% cashback on quarterly purchases in the bonus category. Enjoy new 5% categories every quarter!
  • 5% cashback on trips purchased through Chase Ultimate Rewards®.
  • 3% cashback on restaurant meals, including take-out and delivery services and drugstore purchases.
  • 1% on all other purchases.

Take ours

Chase Freedom Flex offers a 5% cashback rate on the revolving quarterly category: For the fourth quarter of 2021, that category is Walmart purchases and purchases made through PayPal. You can enjoy this benefit up to $ 1,500 combined in quarterly purchases (then 1%). You must manually activate this bonus reward category through your account, but other reward rates for other categories will apply automatically. This card only offers a blanket 1% cashback rate, at 1.5% cashback rate compared to its cousin Chase Freedom Unlimited, but it also offers protection from purchase.

Intro bonusN / A

April12.99% – 26.99% (variable)

Recommended Credit Limited / fair / good / excellent

Reward rates

  • 12 Up to 1.5% cashback on eligible purchases after timely monthly payment.
  • Immediate 1% cashback on eligible purchases.

Annual fee0

Intro Purchase APRN / A

Foreign transaction fees 0

  • 12 Up to 1.5% cashback on eligible purchases after timely monthly payment.
  • Immediate 1% cashback on eligible purchases.

Take ours

With the Petal 2 Visa credit card issued by WebBank, a member FDIC, you can breathe this holiday season whether you have fair or limited credit. This card comes with a credit limit of between $ 300 and $ 10,000 depending on the credentials. Unlike many credit cards for people with limited credit, it does not need to be secured with a cash-up front, and it offers cashback rewards. In fact, you can get up to 1.5% cashback across the board on eligible purchases (up to 1% when you make a purchase, and up to 1.5% when you make a 12-month monthly payment), and a massive 2-. 10% cashback on selected merchants.

With no annual fee, you can keep this card open and continue to use it to help build your credit even after the holidays. The card also offers features to help you better manage your finances, such as being able to set budgets and freeze your account.

Frequently Asked Questions

How can I use a credit card to save money on holiday shopping?

Benefiting from credit card introductory offers, bonus points, and rewards programs is one of the best ways to earn while you spend and get the most out of your money. Especially when you use the card without an annual fee and pay your balance every month.

Will prices be more expensive this year?

Lack of supply chain could affect prices and inventory this holiday season. The best way to avoid the effects of these shortcomings is to make your purchases early and plan your budget ahead of time to ensure that you do not spend more than you can afford due to rising prices. If you want to make specific purchases, compare prices online with different retailers to make sure you are getting the best deals and to make sure the items are in stock.

Should I close my credit card after the holidays?

In general, no. Even if you are opening a credit card especially for holiday shopping, keeping an account open can help you to be flexible in your credit report – both the number of open accounts and the age of the open accounts. Included in your credit score.

CNET reviews credit cards and compares them to standards developed for each major category, including cashback, welcome bonuses, travel rewards and balance transfers. We take into account the behavior of certain profiles of consumer profiles – with the understanding that each person’s financial situation is different – and the function of the card.

For cashback credit cards, for example, key factors include annual fees, “welcome bonus” and cashback rates (or rates, if they differ from the expense category). For rewards and mail cards, we calculate and weigh the net monetary value of the corresponding card benefits. And with balance transfer credit cards, we analyze details such as the initial 0% APR period and the balance transfer fee, while acknowledging secondary factors such as standard APR and for subsequent balance transfers. Length of time Open an account.

* All information about the Bank of America Customized Cash Rewards credit card is freely collected by CNET and has not been reviewed by the issuer.

The editorial content on this page is based entirely on objective, independent reviews of our authors and is not influenced by advertisements or partnerships. It is not provided or commissioned by any third party. However, when you click on links to products or services offered by our partners, we may be charged.

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