Credit Card Offers to Consider for the 2016 Holiday Shopping Season

The holiday season is approaching and there will be the Black Friday and Cyber Monday discounts as usual every year. For your holiday shopping, you can use rewards credit cards to get he most value out of your expenses. The following is a list of 6 credit cards that you can use during the holiday season.

1. Chase Sapphire

Chase Sapphire is a great credit card to use for your holiday shopping on all kinds of purchases including department stores and travel expenses. It offers a huge signup bonus of 50,000 points when you spend $4,000 within a period of 3 months. The 50,000 bonus points is worth a cash value of $500. However, it worth even more at $625 when you redeem the bonus points through Ultimate Rewards. Chase Sapphire has zero annual fee during the first year.

2. Barclay Arrival Plus
Barclay Arrival Plus is a travel credit card that rewards cardholders with 40,000 bonus miles when at least $3,000 is charged onto your card balance on travel expenses within 90 days. If you successfully accumulated 40,000 bonus miles, you can exchange it for a travel statement that is worth $400. If your balance that is charged is non travel related, you will only get half of the sign up bonus.

3. Citi Double Cash Card
Citi Double Cash Card offers 2% cash back with the first 1% cash back credited into your account when you swipe the card and the second 1% cash back earned when you settle your bill. The card offers a 15 months APR interest free introductory period. Citi Double Cash Card does not charge any annual fee and it also does not offer a sign up bonus.

Check Back Soon For Our List Of The Top Credit Card Promotions For 2017

4. Bank Americard Travel Rewards
Bank Americard Travel Rewards card offers a 20,000 sign up bonus when a minimum of $1,000 is charged onto your balance within a period of 90 days. The 20,000 sign up bonus can be exchanged with a statement credit that has a $200 value. It offers 1.5 rewards points on every day purchases and you can get up to 10% cash back if you have a savings/checking account with Bank of America.

5. Chase Freedom
Chase Freedom is ideal for people who want to earn 5% cash back when spending money on selected rotating categories that change every quarter. The cards features a sign up bonus that is worth $150 when you spend $500 within a period of 3 months. You can increase your cash back bonus via Chase’s Cash Back Boost program.

6. American Express Premier Rewards Gold Card

American Express Premier Rewards Gold card is rewarding customers with 25,000 bonus points when they spend a minimum of $2,000 within a period of 3 months. The advantage of this card is that it offers a purchase protection of up to $10,000. Amex EveryDay Preferred credit card offers 3 points for grocery purchases and 2 points for gas purchases at a capped spending limit of $6,000. The card offers 15,000 membership points if you spend $1,000 within a period of 3 months. Amex EveryDay Preferred credit card comes with a 12 months APR interest free introductory period.

How to Maximize Travel Rewards Credit Cards for a dream Vacation in 2017

You must educate yourself on the rewards programs of your travel credit card before you can take advantage of its full benefits. Most travel cards’ rewards programs have terms and conditions that determine how you can earn and redeem the accumulated points.

You can read the terms and conditions of the credit card rewards program at the credit card site. You can also call the customer support of the credit card company and ask them to explain to you thoroughly about the travel credit card’s rewards program.

Many travel credit cards allow you to earn points when you swipe the card for traveling expenses. You earn more points when you are spending on traveling expenses and lesser points on non travel related purchases. Some rewards programs will offer more values for your points when you redeem them for certain items for example car rental and airfare.

There will also be a sign up bonus which entitles you to earn a large amount of points if your total spending meets the minimum requirement within a specific period of time. The signup bonus will be able to help you to get a few hundred dollars worth of travel voucher which you can use to cover some of your traveling expenses.

If you want to take advantage of the signup bonus, you must calculate to see if you will be able to spend enough money to meet the minimum requirement to claim it. Otherwise, it will be useless to apply for a travel credit card with a great signup bonus program.

If you plan to have vacation in Europe or Asia, you should look for a travel rewards credit card with no foreign transaction fee.
In this way, no extra fee will be charged onto your card when you spend money overseas. Some cards will waive the foreign transaction fee when you meet a minimum spending amount within a limited period. It is best if the travel credit card does not impose any expiry date to redeem the rewards points.

You can look for a travel credit card with a long 0% APR introductory period. The longer the introductory period,
the longer you can save money on interest fee when you charge the card for your expenses. The introductory period typically last for 6 – 21 months. You will need to have good credit score to qualify for a travel rewards card with a long introductory period.

The travel rewards card may charge you an annual fee but this fee is often waived during the first year. You should find out how much is the annual fee and whether it is waived in the first year by talking to your credit card company.