What are the best credit cards for gift card rewards?

One of the best credit cards with cash back bonus rewards is the Blue Cash Preferred® Card from American Express. It offers a $250 statement credit for spending $3,000 in the first 6 months, plus 6% cash back on groceries (up to $6,000 spent per year) and streaming subscriptions, 3% on gas and transit, and 1% on other purchases.

There are plenty of credit cards that give bonus cash back rewards in certain purchase categories. Cardholders may receive extra value on gas, groceries, dining, entertainment, wholesale clubs and more. Other cards have bonus categories that change every quarter and may require activation, giving you the chance to earn big on different types of purchases every few months.... read full answer

Best Credit Cards with Cash Back Bonus Rewards

Lots of credit cards with cash back bonus rewards on purchases also offer an initial cash rewards bonus for spending a certain amount in the first few months. Plus, it’s good to remember that many credit cards without cash back bonus rates still give a solid cash back rate on all purchases.

Each credit card company has its own rewards program. And each credit card rewards program has a unique reputation. Some are known for good customer service. Others are notable for offering rewards cards to people with less-than-good credit. You can find the latest rankings in WalletHub’s annual Credit Card Rewards Study... read full answer, which reviews major credit card rewards programs based on earning potential, eligibility, transparency and more. The study also includes scores and rankings for individual cards.

Given that your ultimate goal should be to find the single best rewards card for your needs, your focus should be more at the card level than the issuer or rewards program level. The quality of a rewards program matters in the sense that it impacts what you can redeem your earnings for and how much they’re worth when you do. But a credit card’s core terms – annual fee, rewards earning rates, etc. – are what matter most.

With that being said, the first step in choosing the right rewards program is asking yourself this question: Do I rack up 30,000+ airline miles or 20+ hotel nights per year?

If your answer is “yes,” get one of WalletHub’s best travel rewards credit cards. Most people will be better off with a card that’s equally rewarding no matter where you book travel accommodations. But if you always fly with the same airline or stay at the same hotel chain, it’s worth at least considering that company’s credit card.

If you answered “no,” we recommend getting the best cash back credit card for your spending habits. Credit card companies can easily devalue points/miles by increasing the number that you need to redeem for certain items. That makes saving them up for infrequent redemption a bit risky. But issuers can’t play the same games with cash. Cash back rewards also give you versatility in that you can redeem earnings for any type of expense by getting a statement credit.

The best credit card for electronics is the Amazon.com Credit Card because you get an Amazon.com gift card right away and can earn 5% back when you’re a Prime member. Some of the best rewards on electronics-related spending also come from the Capital One PlayStation Card. You get a $50 PlayStation store code just for making your first purchase.... read full answer

But there are lots of good electronics credit cards out there. How many options you have and how much they’ll save you come down to your credit score and whether you want to be limited to a store card.

You can get the store card from Best Buy with fair credit and get 5% back in rewards, or multiple deferred interest financing options. The Citi Simplicity Card has 18 months interest free financing but requires good credit. The same goes for the Citi ThankYou Preferred Card, which has 15 months interest free financing and a guaranteed $1,000 minimum credit line. Both Citi cards offer an extension of 2 years on manufacturer warranties.

So, you have to decide which is of more value to you: financing, price protection, warranties, or a credit card you can use outside the electronics store. Read on to discover which credit card is best for your electronics purchase.

Here are the best credit cards for electronics:

• Longest 0%: Citi Simplicity Card
• Electronics Store Card: Best Buy Store Card
• Playstation + Sony Perks: PlayStation Card from Capital One
• Online Shopping: Amazon.com Credit Card
• High Minimum Credit Line: Citi ThankYou Preferred Card

You can find key details about each card below.

Longest 0% Financing: Citi Simplicity Card – You get 18 months 0% financing and warranty coverage extended 2 years beyond the manufacturer’s warranty. After the first 18 months, the card’s regular APR is 15.49%-25.49%.

Min credit required: Excellent |Min credit line: $500

Electronics Store Card: Best Buy Store Card – 5% back in rewards OR special financing. Purchases of $199+ are interest free if paid within 6 months. The same goes for purchases of $399+ paid within 12 months. Deferred interest is tricky, though. If a single payment is missed or the balance isn’t paid off within the given timeframe, interest is retroactively applied to the entire purchase. The regular APR is high at 26.74%.

Min credit required: Fair | Min credit line: Unknown

PlayStation + Sony Perks: PlayStation Card from Capital One – All you have to do to get a $50 PlayStation Store code is make your first purchase with this card. It’s also great for gamers because you get 5 points per $1 spent on PlayStation and Sony products. Whether it’s new games or a flat screen TV to play them on, this card will reward you. You’ll even get 3 points per $1 when you pay your monthly mobile phone bill. Points can be used for games, movies, electronics, and collectibles through Sony Rewards. The card’s regular APR is 15.49%-24.99%.

Min credit required: Good | Min credit line: $300

Online Shopping: Amazon.com Credit Card – You stand to get a $60 Amazon.com gift card upon approval for a card ($100 for Prime members). Prime members also get 5% back on Amazon.com purchases. Plus, you can keep electronics safe with Visa Signature’s Extended Warranty Protection and Purchase Protection offered through the card. This card’s regular APR is 15.74%-23.74%.

Min credit required: Good | Min credit line: $500

High Minimum Credit Line: Citi ThankYou Preferred Card – You get 0% financing for 15 months and a 2-year extension on the manufacturer’s warranty. The regular APR is 14.99%-24.99% based on creditworthiness.

Min credit required: Excellent | Min credit line: $1,000

The best credit cards for electronics include options for financing, rewards, and protection. You need to decide which factors are most important to you based on what types of electronics you’re thinking about buying and how fast you’ll pay them off.