Tired of staring at that worn-out old sofa or sagging bed? It's time to upgrade your furniture and elevate your living space! But furniture shopping can be expensive, and getting the most bang for your buck is essential. So, why not make smart use of credit cards to earn rewards, spread your payments, or even save a few dollars? In this blog post, we'll share our top picks for the best credit cards for buying furniture and give you insider tips to make your shopping spree a breeze.
Best Credit Cards For Furniture Table of Contents
2. Bank of America Cash Rewards Credit Card
1. Chase Freedom Unlimited
The Chase Freedom Unlimited is an excellent choice for those looking to earn cashback rewards on furniture purchases. You can earn:
- 5% cash back on travel purchased through Chase Ultimate Rewards
- 3% on dining and drugstore purchases
- An unlimited 1.5% cash back on every purchase, including furniture
Plus, for new cardmembers, there's a $200 bonus offer after spending $500 in the first three months. This could be a significant chunk off your furniture bill!
2. Bank of America Cash Rewards Credit Card
With the Bank of America Cash Rewards credit card, you can customize your rewards in the category of your choice. Among the 3% cashback categories is "home improvement and furnishings," making it one of the best credit cards for furniture purchases. Other perks include:
- 2% cash back at grocery stores and wholesale clubs
- 1% cash back on all other purchases
- A $200 cash rewards bonus after spending $1,000 in the first 90 days
To top it off, there's no annual fee to worry about.
3. Wells Fargo Active Cash Card
For a straightforward cashback option, the Wells Fargo Active Cash Card offers a flat 2% cashback on all purchases, including furniture. Plus:
- No categories to track or activate
- No annual fee
- A $200 cash rewards bonus after spending $1,000 in the first three months
These features make it a simple and efficient choice for furniture shopping.
4. Discover it Cashback Match
The Discover it Cashback Match card is an interesting option for furniture buyers who can time their purchases correctly. This card offers 5% cash back in rotating categories, which sometimes includes home improvement stores or wholesale clubs where you can find furniture. Additionally:
- Unlimited 1% cash back on all other purchases
- Discover will match the cash back you earn at the end of your first year, effectively doubling your rewards
- No annual fee
Remember to check the category calendar to plan your shopping strategically.
Tips for Maximizing Rewards When Buying Furniture
- Ideally, combine multiple cards that provide the highest cashback percentage for your furniture purchase(s).
- Check for limited-time promotions or offers on your card that could boost your rewards even more.
- Consider buying furniture at stores that offer additional rewards or loyalty programs to stack your savings further.
- Consider financing offers on your card, such as 0% interest for a specified period, but make sure you can pay off the balance before the higher interest rate kicks in.
Best Credit Cards For Furniture Example:
Imagine you have the Chase Freedom Unlimited card and the Bank of America Cash Rewards credit card. You're planning to buy a $1,000 couch at a home improvement store. You can use the Bank of America card for the 3% cashback on home improvements, earning you a $30 reward. Additionally, you can use the Chase Freedom Unlimited card to buy a $300 coffee table at another store, earning 1.5% cashback or $4.50. Combining these rewards makes your furniture shopping more affordable and rewarding.
And there you have it! Our top credit card picks for furniture purchases, along with some expert tips for making the most of your rewards. Don't forget to check our other guides on Flik Eco to elevate your personal finance game and get closer to living your dream life. If you found this article helpful, please consider sharing it with your friends and exploring more insightful content from Flik Eco's incredible community of savvy money masters. Enjoy shopping for your new furniture and cheers to a more stylish space!
