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The Best Credit Card Perks for Holiday Shoppers


While it's always important to read through all the fine print to make sure you understand the nuances of any deal, here are a few ways to make the best use of credit cards this holiday season.

Buy Now, Pay Later

Can't pay your entire bill? The Citi Diamond Preferred Card offers 0% interest on new purchases for 18 months – and there's no annual fee.

Cash in on Holiday Travel

Erik Larson, president and founder of the consumer site, touts the Chase (NYSE:JPM) Freedom Visa as the best card for travel purchases. This card gives 5% cash back on all hotel and airline purchases through the end of December. It also gives $100 cash back after a cardholder spends $500 in the first three months, which can be helpful in paying off those holiday travel bills, he points out. The 5% cash back categories rotate each quarter and cardmembers get 1% cash back on all other purchases.

Retail Cards

Many stores offer their own cards with special discounts and reward opportunities. Target (NYSE:TGT) offers a store debit card that offers the same rewards as its REDcard, but "without the worries of being hit with future bills, added interest and debt," says Leslie Tayne, a debt resolution attorney.

Airline Card Perks

According to Brian Kelly, a credit card and travel rewards guru who runs, certain airline credit cards offer extra points with select retailers, like 10 points per dollar at NorthFace through the United Mileage Plus shopping portal. Three American Airlines cards from Citi are also offering 50,000 bonus miles in exchange for minimum spending requirements until December 13.

Points for a Good Cause

Make an impact with reward points. Citi cardmembers can use ThankYou points to contribute to the Sandy relief effort online. Capital One's Giving Site lets you donate points to charity, and in most cases, the donations are tax deductible as well.

Editor's Note: This article by Sheryl Nance-Nash originally appeared on The Fiscal Times.

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Follow The Fiscal Times on Twitter @TheFiscalTimes.
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