Member-only story
2 Cash Back Credit Cards to Consider for Holiday Shopping
Earn cash back for spending money this holiday season
A cash back credit card is a credit card that offers cash back as a small percentage of a purchase. For example, if a cash back credit card offers 1% cash back for every purchase, when a person spends $100 using it, they will receive $1 back. Cash back credit cards allow you to benefit in seasons where you will spend a little more money than usual. When it comes to cash back credit cards you should consider for holiday shopping, the following are two credit cards you cannot go wrong with:
1. Citi Double Cash Card
2. Discover it Cash Back Credit Card
1. Citi Double Cash Card
The Citi Double Cash Card is a credit card that allows you to earn 2% cash back on purchases, with a slight catch. With the Citi Double Cash Card, you earn 1% cash back when you make a purchase, and then an additional 1% cash back once you have paid your statement balance for those purchases. The Citi Double Cash Card has no annual fee and offers a 0% introductory APR for 18 months on balance transfers. If the Citi Double Cash intrigues you, you can check out more details about it here.
2. Discover it Cash Back Credit Card
The Discover it Cash Back Credit Card is a credit card that allows you to earn 5% cash back at specific retailers on up to $1,500 in purchases quarterly. For Quarter 4 of 2021, you can earn 5% cash back at Amazon, Walmart, and Target on up to $1,500 in purchases. The Discover it Cash Back Credit Card also offers 1% cash back on all other purchases, a dollar-for-dollar match of all cash back you’ve earned at the end of your first year with the card, and no annual fee. If the Discover it Cash Back Credit Card is of interest to you, you can check out more details about it here.
As stated earlier, cash back credit cards allow you to benefit in seasons where you will spend a little more money than usual. Cash back credit cards also let you benefit for the long-term, especially if they have no annual fee. You will have no reason to close it. You can leave it open to continue to build a strong credit history. Remember to always be responsible when it comes to using credit. Let me know what your favorite cash back credit cards are!
