Money Talks News has partnered with CardRatings for our coverage of credit card products. Money Talks News and CardRatings may receive a commission from card issuers.
While the 2020 holiday season won’t be quite the same as usual — fewer Americans are likely to travel, both for the season and in the near future — most Americans will still be doing some hefty shopping.
That’s a prime opportunity to rack up big credit card rewards in the course of your normal spending. It’s time to ask: Are you using the most rewarding card that you could?
Here is everything you need to know about our favorite credit cards available during the holiday season.
Citi Double Cash
The no-fuss solution for holiday shopping is Citi Double Cash. We’ve called this “The Best Cash-Back Credit Card for Everyday Use” since it earns 1% cash back on every purchase, then earns another 1% cash back when you pay for those purchases.
If you want the peace of mind that you’re earning good cash-back rewards on everything, with no gimmicks or expiration dates, this is your card.
More to love: This card offers 18 months of 0% introductory APR on balance transfers.
Key perks:
- Get a total of 2% cash back on every purchase.
- No limits or caps on cash back
- No confusing categories; everything earns cash back.
- No annual fee
Click here for more details and to compare this with other credit card offers.
Chase Freedom Flex
The Chase Freedom Flex card offers strong cash-back rewards in several categories and turbo-charges your rewards in seasonal bonus categories. (Through December, get 5% cash back on purchases made at Walmart using PayPal.)
Coupled with a great introductory offer, this is a top-tier holiday card.
More to love: You get a 0% introductory APR offer on purchases for 15 months, plus earn a $ 200 bonus after spending $ 500 on purchases in the first three months with the card.
Key perks:
- 5% cash back on travel purchased through Chase Ultimate Rewards, including hotels, flights, car rentals and cruises
- 5% cash back on grocery store purchases, up to $ 12,000 in the first year, as a welcome bonus
- 5% cash back on seasonal bonus categories, up to $ 1,500 each quarter
- 5% cash back on Lyft rides (through March 2022)
- 3% cash back on dining at restaurants (including takeout and delivery)
- 3% cash back on drugstore purchases
- 1% cash back on all other purchases
- No annual fee
Click here for more details and to compare this with other credit card offers.
Blue Cash Everyday from American Express
The Blue Cash Everyday lives up to its name as a great value all the time — but especially for new cardholders during the holiday shopping season. In the first six months, you can earn 20% back on purchases at Amazon.com, getting up to $ 200 back, plus separately earn $ 100 back after spending $ 1,000.
More to love: The Blue Cash Everyday offers a solid 3% cash back on the first $ 6,000 per year in supermarket purchases and 2% cash back at gas stations in the U.S. All this while getting a 0% introductory APR on purchases for 15 months.
Key perks:
- 3% cash back on up to $ 6,000 at U.S. supermarkets per year, and 1% cash back after that amount
- 2% cash back at select U.S. department stores
- 2% cash back at U.S. gas stations
- 1% cash back on other purchases
- 0% introductory APR on purchases for 15 months
- No annual fee
Note: Cash back is redeemed as statement credits.
Click here for more details and to compare this with other credit card offers.
Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.
