How to decide which credit card to use during the holiday season?

It’s the holiday season and the beginning of celebrations with family and friends. Everyone is creating a to-do list which may include ideas for accessorizing the home, buying presents and booking tickets to go visit their dear ones. While there may be a lot of expenses coming your way, by being mindful during these times will help you get the best deals and maximize your benefits.

We may have many credit cards in our wallet but picking the right one to pay for purchases can make all the difference.

Chase Freedom for Shopping at Department Stores

Chase Freedom credit card is ideal if you are going to be spending at a department store. Chase offers 5% cashback on combined purchases up to $1500 each quarter. For this last quarter of 2019, you can activate your category and gain 5% cashback on department store purchases. In addition, you continue to get 5% cashback this quarter if you are using PayPal or Chase Pay with your Chase Freedom card. You must activate this benefit before 14th December 2019.

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      You can click on the link below to view the list of department stores that are covered under this benefit.

      https://creditcards.chase.com/freedom-credit-cards/merchants#DepartmentStores

      All your other purchases will automatically earn you 1% cashback. With Chase Freedom card each quarter you have a new category where you will be able to earn rewards. Chase Freedom is a no annual fee credit card that earns you points and when these points are combined with a premium Chase card such as Chase Sapphire Preferred or Chase Sapphire Reserve the redemption value of the points increases. Also, redeeming the points for travel through Chase Ultimate portal gives you the maximum benefit.

      Capital One® Savor® Cash Rewards Credit Card suitable for Dining and Entertainment

      Capital One® Savor® Cash Rewards Credit Card remains the best choice for those who love get-togethers whether it’s eating out or ordering in. This card offers the best cashback on dining and entertainment which is at 4% and those who love to cook also benefit as the purchase made at the grocery store will earn you 2% cashback (purchases at Walmart and Target superstores do not earn cashback). Everything else you spend you will receive cash back at 1%.

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          If a large portion of your expenses is food, going out to movies, sports events, and tourist attractions then using this card is beneficial as it earns maximum reward points for your purchases.

          If you do not have a Capital One® Savor® Cash Rewards Credit Card then applying for one now would set you up for the year 2020. The annual fee is waived off for the first year, however, the following year onwards you would have to pay $95 as fees.

          Chase Sapphire Preferred for Travel

          Chase Sapphire Preferred is a good card to use to pay for the travel expenses not just during the holidays but also throughout the year. The 2x points earned on airfare, hotel bookings and dining at cafes and fine dining restaurants ensures a quick accumulation of reward points. If you want an extra 25% value for the points earned then you can make your hotel, airfare and car rental reservations through Chase Ultimate Rewards Portal.

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              The option to transfer your points to popular travel programs at 1:1 value makes Sapphire Preferred a versatile card for travel. Beyond these perks the Sapphire Preferred comes with add-on benefits such as trip delay reimbursement, baggage delay insurance and more.

              Capital One® Quicksilver® Cash Rewards Credit Card for Everyday Purchases and Balance Transfer

              The cards mentioned above address a specific holiday requirement but here we have a card which is good for overall daily usage. There is no need to track rotating categories or monitor merchant code for the specific restaurant as every purchase you make using Capital One® Quicksilver® Cash Rewards Credit Card earns you cashback.

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                  You get 1.5% cashback when you spend on gas, groceries, clothing and more. The points earned do not expire as long as your account is active. It is also advantageous that there is no foreign transaction fee for the purchases you make abroad.

                  Balance Transfer Offer

                  If you have acquired a large amount on another credit card that has a higher interest rate you may want to consider transferring it to using Capital One® Quicksilver® Cash Rewards Credit Card. First-time applicants can qualify for the 0% interest rate on balance transfers for 15 months, beyond which variable APR will be applied.

                  If you apply for this card and are approved the introductory APR offer is available for new purchases. Essentially you would get 15 months to pay off the balance of any large purchase that you may make. Not having to pay an annual fee makes Capital One® Quicksilver® Cash Rewards an attractive credit card.

                  Each of these cards carries additional benefits such as travel accident insurance, extended warranty, and to know more about them you can click on the learn more option. We hope that by choosing the right card you are able to gain maximum value out of your credit cards during your holiday shopping.


                  Overview of Credit Card Travel Points

                  Do you travel often?

                  One of the best reasons for using a credit card while you travel is to take advantage/rack up credit card travel points. The more you spend, the cheaper it is to book flights and hotels. By carrying a travel rewards card, you are earning as you’d normally do so for other cards, but you accumulate points that can be redeemed for big savings. The price difference between redeemed points booking versus retail bookings can be in the thousands!

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                  Most Don’t Know This – Many Credit Cards Offer Travel Insurance

                  Planning a trip? If you are, it might be reassuring to know that your travel may be covered by a lesser-known credit card benefit – travel insurance. If something occurs during your trip, whether your baggage is lost or you’re injured, your credit card may reimburse you. Potentially saving you thousands of dollars, this can be a comfort to those who may have seemed content to roll the dice and forego purchasing travel insurance policy.Read More »

                  Filling Up the Tank for a Summer Road Trip? Check Out These Credit Card Cards!

                  If you’re looking to hit the road this summer, you’re looking for ways to save money at the pump. Gas hasn’t been at its incredible peaks of previous years, but it still can be a significant expense on your next vacation.

                  Luckily, there are a number of credit cards that can earn you significant savings, cash back, and rewards points—all while filling up your tank. The only problem is which ones should you use?Read More »

                  Discover it® Perks

                  Looking for one of the best rewards cards out there? If you’ve got good credit, the Discover it® cash rewards card can earn you an astonishing 5% bonus rate on eligible purchases that you make. What separates the Discover it® from its competition is by giving cardholders two options for signing up:

                  • Cash Match™: a cash-back matching offer that reimburses all of your cash back at the end of the first year of membership.
                  • 18 Month Balance Transfer: 18 months at 0% APR for balance transfer fees can give you time to make large purchases, interest fee.

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                  Chase Freedom Credit CardPerks

                  Looking for a rewards card that gives you variety in your points spending? If you’ve got good to excellent credit, the Chase Freedom credit card might be the right card for you. The Chase Freedom comes with many great rewards, including:

                  • 5% cash back rotating rewards program
                  • A $200 welcome bonus
                  • 0% Introductory APR for 15 months
                  • No annual fee

                  In this article, we’ll take a finer look the Chase Freedom® credit card and how Sift can help you take advantage of this card’s great rewards program.Read More »

                  Amazon No Longer Offers Price Protection – Here’s How You Can Still Get Your Money Back

                  At one time, you were able to enjoy a price protection policy when shopping online at Amazon.com. That means that you would have received a refund of the price difference if an item had dropped within 7 – 30 days after making your purchase (if you asked for it). For consumer-oriented holidays, like Black Friday, Cyber Monday, and Memorial Day sales, you may have been able to take advantage of savings of as much of 10 – 50% off how much your item had originally sold for. Not too shabby, but Amazon did away with this perk commonly offered by retailers and credit card companies last spring.

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