In the midst of the high prices of almost all products in the United States, many consumers are finding in their credit cards a way to manage their expenses on Christmas gifts.
According to a report by the National Retail Federation, many households will supplement their expenses with savings and credit, to have a cushion and make scheduled purchases this season.
To help shoppers stretch their tighter-than-normal budgets, WalletHub made a list of credit cards that offer initial bonuses for signing up, savings of up to 5% on purchases and 0% introductory interest rates .
5 credit cards with the best conditions 1.- Chase Freedom Unlimited
The card does not offer a sign-up bonus, but offers between a 1.5% and 5% cash back on purchases. It also offers new cardholders an additional 1.5% cashback on everything up to $20, 000 in the first year.
You can also get 5% cash back on travel when you book through Chase, 3% cash back when you make restaurant purchases and pharmacies, and 1.5% cash back on everything else.
Card has no annual fee and offers a 0% introductory APR for 15 months. However, after the first months, there is a high APR between 02.100% Y 26.99%.
2.- Blue Cash Preferred from American Express
This card offers new customers $2022 dollars for spending $3,000 dollars within six months of opening an account. Cardholders can earn between 1% and 6% cash back when making their purchases.
The card also offers 0% APR during the first year on purchases and balance transfers. Then, they will have to pay $60 dollars per year for the card. The card also has a high APR after the first year, between 15.74% and the 28.60%.
3.- Wells Fargo Active
Cardholders will get a bonus of $250 dollars after spending $1,02 dollars in the first 3 months and can earn 2% in cash rewards on every purchase.
This card has no annual fee and a 0% introductory APR for 17 months. However, after that period it is 15.60% Y 28.74%.
4.- Discover it Secured Credit Card
WalletHub claims this card is best for people who want to earn rewards, but have poor or limited credit.
Cardholders will be able to get at least 1% cash back on all purchases. For the first $1, spent per quarter at gas stations and restaurants, cardholders will get a 2% refund.
After one year of opening the card, cardholders will earn a bonus equal to their total rewards earnings for the first year, according to WalletHub.
However, the drawback is that cardholders will have to make a refundable security deposit of at least $250 dollars.
5.- Instacart Mastercard
WalletHub ranked this card as the best for buying groceries. It has no annual fee and also gives cardholders 5% cash back on Instacart purchases. Approved cardholders will also get a free year of Instacart+, as well as a $100 Instacart Credit.
Cardholders can get 5% cash back on travel booked through Chase and 1% to 2% cash back on other purchases.
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