1.Blue Cash Everyday® Card from American Express
American Express
- 3%Cash back on U.S. supermarkets
- 3%Cash back on U.S. online retail purchases
- 3%Cash back on U.S. gas stations
- 1%Cash back on all other purchases
Earn a $200 statement credit after you spend $2,000 in purchases within the first 6 months of card membership.
Earn 3% cash back on U.S. supermarkets, U.S. online retail, and U.S. gas stations (on up to $6,000 spent in each category annually, then 1%), plus 1% on other purchases.
19.49%-28.49% Variable APR
The Blue Cash Everyday® Card from American Express stands out as the top choice because it offers a robust cash back structure with no annual fee, making it ideal for everyday spending on groceries, gas, and online shopping.
Pros:
- No annual fee
- High rewards on everyday categories
Cons:
- Variable APR can be high
- Some exclusions apply
2.Prime Visa
Chase
- 5%Cash back at Amazon.com, Amazon Fresh, Whole Foods, and Chase Travel
- 2%Cash back at gas stations, restaurants, and local transit/rideshare
- 1%Cash back on all other purchases
Eligible Prime cardmembers earn a $250 Amazon gift card upon approval.
Earn 5% back at Amazon.com, Amazon Fresh, Whole Foods, and Chase Travel (with eligible Prime); 2% back at gas stations, restaurants, and local transit/rideshare; and 1% on everything else.
18.74%-27.49% Variable APR
What sets the Prime Visa apart is its exceptional rewards for Amazon purchases, offering 5% back, which is unmatched for frequent Amazon shoppers, along with a generous welcome bonus.
Pros:
- No annual fee
- High rewards for Amazon shoppers
Cons:
- Requires Amazon Prime membership for best rewards
- Variable APR can be high
3.Bank of America® Customized Cash Rewards Credit Card
Bank of America
- 6%Cash back in the category of your choice for the first year
- 2%Cash back at grocery stores and wholesale clubs
- 1%Cash back on all other purchases
Earn a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening.
Earn 6% cash back in the category of your choice for the first year, 2% at grocery stores and wholesale clubs, and 1% on everything else.
17.49%-27.49% Variable APR
The standout feature of the Bank of America® Customized Cash Rewards Credit Card is its flexibility, allowing cardholders to choose their highest cash back category, which can lead to significant savings in the first year.
Pros:
- No annual fee
- High rewards in a customizable category
Cons:
- Quarterly cap on bonus categories
- Requires careful management of spending to maximize rewards
Final Words
As you navigate the best credit cards for online shopping this January, remember that selecting a card with great rewards and benefits tailored to your shopping habits can significantly enhance your experience. Take time to compare your options and make informed decisions that align with your financial goals.
Frequently Asked Questions
Earn a $200 statement credit after you spend $2,000 in purchases within the first 6 months of card membership.
Earn 3% cash back on U.S. supermarkets, U.S. online retail, and U.S. gas stations (on up to $6,000 spent in each category annually, then 1%), plus 1% on other purchases.
Earn 5% back at Amazon.com, Amazon Fresh, Whole Foods, and Chase Travel (with eligible Prime); 2% back at gas stations, restaurants, and local transit/rideshare; and 1% on everything else.
Earn a $200 online cash rewards bonus after making at least $1,000 in purchases in the first 90 days of account opening.
Consider the reward rates offered for online purchases, any annual fees, and whether the card provides additional benefits like extended warranties or purchase protection. Additionally, evaluate welcome bonuses and how they align with your spending habits.
While many cashback credit cards are available to those with fair credit, higher rewards cards often require good to excellent credit. It's best to check the specific requirements of each card before applying.
Some cashback cards may have foreign transaction fees, late payment fees, or cash advance fees. Always read the terms and conditions to understand any potential charges before applying.
Maximize rewards by using your card for category-specific purchases where you earn higher cash back, paying your balance in full each month to avoid interest charges, and taking advantage of sign-up bonuses by meeting the spending requirements.
