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Oh, the weather outside is frightful. Okay, maybe not frightful so much as a bit more chilly than last week. Halloween candy adorns retail shelves. And you know what that means: time to start holiday shopping.
Smart shoppers and credit card users know Christmas shopping is prime time to rack up the rewards points and all the other benefits that come from using a top-tier credit cards.
When you do your Christmas or other holiday shopping with any of these credit cards, or others, you’ll enjoy:
- Retail price protection
- Extended manufacturer’s warranty
- $0 fraud liability
- Retail purchase protection
In many stores, if you make a purchase with your credit card and have to return it without a receipt, they will simply credit your card, no questions asks. And if all else fails, and you’re really unhappy with your purchase, you can always implement a chargeback.
Don’t forget, you can also cash in your rewards to do your holiday shopping — top credit cards offer gift cards, hot merchandise and more through their online stores.
Now that we know the benefits of doing your holiday shopping with a credit card — as long as you have the funds in your account to pay your bills when January rolls around — let’s look at the best credit cards to use for holiday shopping.
Discover it Card is our current pick for the best cash back rewards credit card here at CreditShout, and it's also one of the best cards to use for holiday shopping.
The answer is simple: Generous, plentiful rewards that never expire, that you can cash in for a wide range of cool stuff.
Like Chase, Discover it has rotating categories where you can earn up to 5% cash back. The categories for October through December are Amazon.com, Sam's Club and Department Stores.
So you can buy clothing at popular retailers for everyone on your list, grab a meal during your holiday shopping, and earn 5% cash back. Just note that there is a $1,500 quarterly limit to the amount of 5% cashback you can earn, a nice bonus for big spenders.
If you're a new Discover it customer, you'll also enjoy "Cash Back Match" and 0% APR on purchases (for 12 months) and balance transfers for a full year. With Cash Back Match, Discover will match (i.e., double!) your cash back rewards for the first year. This means you will earn 2% to 10 10% back on all your spending for a year.
Again, instant gratification, delayed payments. Isn't that the spirit of the holidays?