Chip Lupo, Credit Card Writer
@CLoop
The best credit card for engagement ring shopping is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on all purchases and offers an introductory purchase APR of 0% for 15 months from account opening. This means you could earn rewards on your engagement ring purchase while paying it off over time, interest-free.
Plus, Wells Fargo Active Cash comes with an initial bonus of $200 cash rewards after spending $500 in the first 3 months and has a $0 annual fee.
Best Credit Cards for Engagement Rings
- Rates & FeesOverall: Wells Fargo Active Cash® CardWells Fargo Active Cash® CardLearn MoreLearn Moreon issuer's website
- Cash Back: Chase Freedom Unlimited®Chase Freedom Unlimited®Learn MoreLearn Moreon issuer's website
- Rates & FeesTerms ApplyInitial Bonus Offer: Blue Cash Preferred® Card from American ExpressBlue Cash Preferred® Card from American ExpressLearn MoreLearn Moreon issuer's website
- Dining & Entertainment Rewards: Capital One SavorOne Cash Rewards Credit CardCapital One SavorOne Cash Rewards Credit CardLearn MoreLearn More
- Travel Rewards: Bank of America® Travel Rewards credit cardBank of America® Travel Rewards credit cardLearn MoreLearn Moreon issuer's website
- Rates & FeesLongest Intro APR: Wells Fargo Reflect® CardWells Fargo Reflect® CardLearn MoreLearn Moreon issuer's website
Jewelry store credit cards, such as the Helzberg Diamonds Credit Card and the Zales Credit Card, tend to offer discounts, rewards, and no-interest financing, and may be a good choice for ring shoppers with at least fair credit. But store cards’ 0% APR offers often use deferred interest, which means if you don’t pay off the entire balance by the end of the promotional period, you will owe all the interest that would have accumulated since the original purchase date, on top of your unpaid balance. As a result, you’re usually better off going with a non-store credit card instead.
People also ask
Which jewelry stores' credit cards are best?
The best jewelry store credit cards are the Helzberg Diamonds Credit Card and the Reeds Jewelers Credit Card. Both cards offer 0% introductory APRs for purchases. Plus, neither card requires a down payment to finance the purchase, which itself is a perk and somewhat outside the norm for these types of cards.
In addition to Helzberg Diamonds and Reeds Jewelers, the list of jewelry stores with credit cards includes Zales, Tiffany & Co., The Jewelry Exchange, Blue Nile,...
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