Are you on the hunt for a credit card that rewards your love for shopping? Look no further, as we have compiled a list of the best credit cards out there that will help you make the most of your shopping sprees. With unique rewards, cashback options, and perks designed for shopaholics, let's dive into the world of shopping-friendly credit cards!
Best Credit Cards For Shopping Table of Contents
Our Top Picks for Best Shopping Credit Cards
1. Chase Freedom Unlimited
- Earn 5% cashback on eligible purchases for the first year (up to $12,000)
- Get 1.5% unlimited cashback on all other purchases after the first year
- 0% intro APR for 15 months on purchases
- No annual fee
The Chase Freedom Unlimited is perfect for people looking for a solid cashback card without the burden of an annual fee. Its 5% cashback on eligible purchases for the first year and continuing 1.5% cashback after can help you save on your shopping.
2. American Express Blue Cash Preferred
- 6% cashback at U.S supermarkets (on up to $6,000 per year)
- 3% cashback at U.S gas stations and select department stores
- 0% intro APR on purchases for 12 months
- $0 intro annual fee, $95 per year after
If your shopping mainly consists of groceries and department stores, the American Express Blue Cash Preferred may be the best option for you. With 6% cashback at U.S supermarkets and 3% cashback at select department stores, you can save a significant amount on your shopping!
3. Capital One SavorOne Rewards
- 3% cashback on dining, entertainment, and popular streaming services
- 2% cashback at grocery stores
- 0% intro APR for 15 months on purchases
- No annual fee
For those who love shopping for entertainment, dining out, and streaming services, the Capital One SavorOne Rewards card is an excellent choice. With 3% cashback on those categories and 2% cashback on grocery store purchases, saving money on your shopping has never been easier.
4. Citi Double Cash Card
- Earn 1% cashback on all purchases
- Additional 1% cashback as you pay off your balance
- 0% intro APR for 18 months on balance transfers
- No annual fee
If you prefer a simple cashback card without category restrictions, then the Citi Double Cash Card is perfect for you. With the potential to earn 2% cashback on all purchases, this card offers great flexibility for those who shop in various categories.
Factors to Consider When Choosing a Shopping Credit Card
Before settling on a specific card, consider the following factors:
- Rewards Rate: Compare the cashback rates and rewards offered by different cards.
- Annual Fee: Determine if the card's benefits outweigh its annual fee.
- Introductory Offers: Take advantage of 0% intro APR, cashback, and other introductory offers.
- Redemption Options: Check the redemption options and flexibility, such as statement credits, cashback, or gift cards.
- Additional Perks: Look for extra benefits like purchase protection, extended warranties, and price protection.
Best Credit Cards For Shopping Example:
Imagine you're a young professional who loves shopping at department stores and dining out. You're considering applying for either the American Express Blue Cash Preferred or the Capital One SavorOne Rewards.
Your typical monthly spending includes $600 on groceries, $300 on dining out, and $200 at department stores. With the American Express Blue Cash Preferred, you'd earn $432 in cashback for grocery shopping ($600 x 6% cashback x 12 months) and $72 ($200 x 3% cashback x 12 months) for department store shopping, totaling $504 in cashback annually.
On the other hand, with the Capital One SavorOne Rewards, you'd earn $144 in cashback on dining out ($300 x 3% cashback x 12 months) and $48 for grocery shopping ($600 x 2% cashback x 12 months), totaling $192 in cashback annually.
In this case, the American Express Blue Cash Preferred would be a better fit for you, offering more cashback on your shopping habits.
We hope this guide to the best credit cards for shopping helps you make an informed decision! Keep in mind that your individual spending habits and preferences play a significant role in choosing the right credit card for you. Feel free to share this article with fellow shopaholics, and make sure to explore other guides on Flik Eco to enhance your personal finance knowledge further.
