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It is very important you learn to use your choice of card properly by minimizing unnecessary purchases while keeping an eye on the accumulated rewards, welcoming bonuses and paying off your balance every month. Below are five good credit cards for online shopping you may want to put into consideration.
Costco Anywhere Visa Card
Costco Anywhere Visa Card is a great card for online shoppers. It offers a low regular APR and gives all cardholders 4% cash back when they use the card at qualifying grocery stores with 3% for US gas stations.
GAP Rewards Credit Card
GAP credit card usually charge a high regular APR and doesn’t have an intro offer and its welcome bonus comes in the form of a 20% discount, as opposed to a cash bonus. Besides, if you’re a top fan of the Banana Republic, Athleta or GAP, using your card anywhere here will earn you 5 points for every $1 that you spend.
Amazon Prime Rewards Visa Signature Card
The Amazon Prime Rewards card is a Visa Signature card that comes with lots of insurance and protection benefits, and it also offers a bonus in the form of a $100 gift card. The Amazon Prime Rewards Credit Card offers a flat rate of 1% on everyday purchases as well as 5% on all purchases made at Whole Foods and Amazon.com. The Prime membership is needed to get the most out of this card.
Discover It Cash Back Credit Card
Discover It offers a cash back rate of 5% for all qualifying purchases up to a quarterly maximum. The rate then drops down to 1%, but over the course of a year the 5% rate will apply to a total spend of about $6,000. Which means that at the end of your first year of use of the card, you’ll get a cash rewards bonus of up to 10% as all your cash back will be matched by Discover It.
Walmart Credit Card
The Walmart Mastercard rewards you every time you spend money in Walmart stores and at Walmart.com. Walmart rewards (5 points per $1) every time you use your card to make online Walmart purchases, with 1 to 2 points per $1 offered elsewhere. Featured in their Rewards Program is a chance to get up to 5% back during the first 12 months and also earn 2% in Walmart stores and Murphy USA Fuel Stations, as well as on dining and travel purchases.
Blue Cash Everyday Card from American Express
The Blue Cash Everyday Card from AmEx gives you 3% every time you shop at US supermarkets, with a limit of $6,000 per year. You will also get 2% for gas purchases and 1% everywhere else you use your card.
Chase Freedom
Chase Freedom has a bonus that goes as high as 5% for specific bonus categories. Cardholders also get a bonus of $150 when spending $1,000 within 90 days of account opening. The standard rate is at 1% with a sizeable return every year. On their Rewards Program, you get 5% on certain bonus categories up to $1,500 and earn 1% on everything else.
Another version of Chase Freedom is the Chase Freedom Unlimited which offers a flat rate of 1.5% on every cent that you spend, as well as an account opening bonus of $200 instead of $150.
Finally, you actually don’t have to limit yourself to a single credit card. There’s benefit to owning a multitude of credit cards without having a multitude of bank accounts. But you must still choose the right card (s) for your necessary use.
