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3 of the Top Cashback Credit Card Offers for December 2020
Offers to consider if you are looking for a new credit card
When it comes to the end of the year, credit card issuers tend to have some of the best offers available for their cashback credit cards. A cashback credit card is a credit card that gives you a percentage of a purchase you make back in cash. Typically, the standard across most cashback credit cards is 1.5%.
When it came to determining 3 of the top cashback credit card offers for December 2020, it came down to cashback credit cards that everyone can benefit from daily. Their sign-up offers also determined it. Without further ado, the 3 credit card offers are as followed:
1. Citi Double Cash: 0% Introductory APR on Balance Transfers For 18 Months
2. Chase Freedom Unlimited: $200 Sign-up Bonus and 0% Introductory APR
3. American Express Blue Cash Preferred: $300 Sign-up Bonus and Annual Fee Waived for the First Year
Note: I am a holder of the American Express Blue Cash Preferred. Links to the card in this article are affiliate links.
1. Citi Double Cash: 0% Introductory APR on Balance Transfers For 18 Months
The Citi Double Cash has been considered one of the best cashback cards available. It has a $0 annual fee and offers a total of 2% cashback on all purchases. The offer that makes it even more attractive is a 0% introductory APR on balance transfers for the first 18 months that you own the card. That means for any balance you transfer to the card, you will not be charged interest. If you are looking to cut down on credit card debt, this could be a great option for you.
It is important to note that there is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater. Interest will still be charged on your purchases unless you pay your entire balance. That means if you transfer a balance, it will be best for you to pay it off completely so that you can then move on to benefiting from the 2% cashback without having to worry about paying interest. Balance transfers do not earn cashback.
2. Chase Freedom Unlimited: $200 Sign-up Bonus and 0% Introductory APR
