Top 3 Credit Cards to Maximize Your Black Friday Savings and Cashback
Using the right credit card for your Black Friday shopping isn’t just about getting the best deals—it’s about earning rewards and protecting your purchases. Each of these cards offers unique benefits that can help you save money on your purchases, whether it’s through cashback, rewards points, or purchase protection. By choosing the right card, you can turn your Black Friday shopping into an opportunity to earn rewards that will pay off well into the new year.
1. Prime Visa Credit Card
If you’re a Prime member, the Prime Visa Credit Card is an ideal option for your Black Friday and Cyber Monday shopping. Not only will you earn a $150 Amazon Gift Card instantly upon approval, but you’ll also enjoy unlimited cashback on your Amazon purchases. Here’s why it’s one of the best cards for the season:
Welcome Bonus:
- Get a $150 Amazon Gift Card instantly upon approval for eligible Prime members.
Regular APR:
- 19.24% – 27.99% variable APR based on creditworthiness.
Credit Score:
- Good to Excellent (670-739).
Key Benefits:
- 5% back on Amazon.com, Amazon Fresh, Whole Foods Market, and Chase Travel purchases.
- 10% back or more on selected rotating categories on Amazon.com for Prime members.
- 2% back at gas stations, restaurants, and on local transit and commuting (including rideshare).
- 1% back on all other purchases.
- No annual fee and daily rewards that can be redeemed immediately.
- FDIC Member.
This card is perfect for those who shop frequently on Amazon and want to take advantage of instant rewards while earning on everyday purchases.
2. Chase Freedom Flex® Card
The Chase Freedom Flex® offers a powerful earning structure across a wide range of categories, from travel to dining and drugstore purchases. Plus, the rotating quarterly bonus categories are ideal for maximizing your Black Friday and Cyber Monday shopping, with categories like PayPal for online shopping and select charities for end-of-year donations. Here’s why this card is perfect for the holidays:
Welcome Bonus:
- $200 Bonus after spending $500 in the first 3 months from account opening.
Regular APR:
- 18.74% – 28.24% variable APR.
Credit Score:
- Good to Excellent (670-739).
Key Benefits:
- 5% back on up to $1,500 in combined purchases in bonus categories each quarter you activate.
- 5% back on travel purchases through Chase Travel℠.
- 3% back on drugstore purchases and dining at restaurants, including takeout and delivery services.
- 1% back on all other purchases.
- No annual fee and no minimum redemption for cash back.
- 0% intro APR for 15 months on purchases and balance transfers, then variable APR applies.
- Balance transfer fee of up to 5% of the transfer amount (min. $5).
This card is great for holiday shoppers who want to maximize rewards in rotating categories, enjoy travel benefits, and take advantage of the intro APR to manage Black Friday purchases.
3. Discover it® Student Cash Back
If you’re new to credit or building your credit score, the Discover it® Student Cash Back is the perfect card to start with. Plus, with Cashback Match™, you can double your rewards at the end of your first year:
Welcome Bonus:
- Unlimited Cashback Match™ — Discover will automatically match all the cash back you’ve earned at the end of your first year, with no minimum spending or maximum rewards.
Regular APR:
- 16.99% – 25.99% variable APR.
Credit Score:
- Fair or New to Credit.
Key Benefits:
- 5% cash back on rotating categories each quarter (grocery stores, restaurants, gas stations, etc.), up to a quarterly maximum when you activate.
- 1% cash back on all other purchases.
- 0% intro APR on purchases for the first 6 months, then standard variable purchase APR applies.
- No annual fee and no credit score required to apply.
This is a fantastic option for students and those just starting to build credit, offering a great cashback match and rotating bonus categories that can maximize your holiday shopping.
Looking for Extra Cash This Black Friday? Consider a Personal Loan
If you’re planning on making bigger purchases this holiday season, a personal loan could be a smart option to help you take advantage of those amazing Black Friday deals without the worry of interest piling up on credit cards.
With flexible repayment options and the ability to cover larger purchases, a personal loan could be a great way to make sure you get everything you need for the holidays, all while keeping your budget intact.
