While it’s crucial to support local businesses as much as possible, there’s no denying that online sales are increasing as a result of their greater safety and convenience.
In reality, approximately 256 million people (the majority of the U.S. population), according to market research and analysis company Statista, have made online purchases. If we look closer, we discover that each month, more than 200 million individuals shop on the website of the world’s largest online retailer, Amazon.
Frequent internet buying, like in-store purchasing, is a significant opportunity to earn incentives that shouldn’t be passed up.
But when choosing a rewards-earning credit card, which one delivers the greatest points for your online purchases and should you take other variables like card annual fee and the highest welcome bonus offer into account?
We’ll respond to those queries and offer our opinions on some of the finest credit cards for online shopping.
Let’s get going.
Bank of America Customized Cash Rewards credit card
Online shopping is one of many “option” categories available on the Bank of America® Tailored Cash Rewards credit card that can earn additional cash back up to the combined quarterly cap. For someone who might do a lot of online shopping one month then spend more money elsewhere the following month, this choose-your-own rewards structure is fantastic.
Pros
• 3% cash-back on your preferred category, such as petrol, online shopping, restaurants, travel, drug stores, or home furnishings and/or improvements (your category can be changed each month)
• food stores and wholesale clubs: 2% cash back
• With all other purchases, get 1% cash back
• No yearly charge
• With the help of the Bank of America Preferred Rewards program, increase your rewards rate.
Cons
• The first $2,500 in combined purchases per quarter are eligible for the 3% and 2% cash-back categories; beyond that, you’ll only receive 1% back.
• fees for overseas transactions
Card Details
• Upon making at least $1,000 in purchases during the first 90 days after account opening, you will receive a $200 online cash rewards bonus.
• Get automatic 2% cash back at wholesale clubs and grocery stores (up to $2,500 in combined quarterly purchases), 3% cash back in the category of your choice, and limitless 1% on all other purchases.
• If you belong to Preferred Rewards, you can increase your cash-back earnings on every transaction by 25% to 75%. This means that on purchases in your preferred category, you might receive 3.75%–5.25% cash back.
• No yearly cost, and incentives never expire.
• lengthier introduction time now! For purchases and any debt transfers performed in the first 60 days, there is a 0% introductory APR for the first 18 billing cycles. 16.24% – 26.24% Variable APR will be in effect after the intro APR offer expires. 3% charge (minimum)
• All balance transfers are subject to a $10 fee.
• Contactless Cards combine the simplicity of a tap with the security of a chip card.
• You run the risk of losing access to this online-only offer if you navigate away from this page or go to a Bank of America financial institution. When you apply right away, you can benefit from this deal.
Blue Cash Everyday Card from American Express
There are numerous options available when it comes to cash-back credit cards. What distinguishes the Blue Cash Everyday® Card from American Express from the competition then?
With this card, you can easily earn cash back on regular purchases made at US petrol stations, supermarkets, and online shops. Hence, if you frequently spend cash on regular transactions, this can be the ideal card to keep in your wallet.
Pros
• 3% back on grocery purchases made in the US up to $6,000 per year, thereafter 1% back.
• 3% back on gas station purchases made in the United States up to $6,000 per year, then 1% back.
• Up to $6,000 in annual purchases, online retailers will give you 3% back; after that, they’ll give you 1% back.
• Credit given per month toward The Disney Bundle
• Monthly discount for Home Chef
Cons
• Rewards have a fixed value and can only be used to get cash back. Reward Dollars, which can be redeemed for a statement credit, are received as cash back.
Card Details
• After making $2,000 in purchases with your new Card during the first six months, you will receive a $200 statement credit.
• No yearly fee.
• Return of Balance Transfer! For 15 months after the account activation date, take advantage of 0% introductory APR on purchases and balance transfers. 18.49% to 29.49% variable APR follows.
• 3% Cash Back at American supermarkets for up to $6,000 in purchases annually, then 1%.
• 1% Cash Back after $6,000 in Cash Back on U.S. online retail purchases.
• 3% Cash Back at American petrol stations on purchases up to $6,000 a year, then 1%.
• After spending with your Blue Cash Everyday Card each month, you will receive $7 back.
• Any qualified subscription to The Disney Bundle, which combines Disney+, Hulu, and ESPN+, must cost $12.99 or more per month. enrollment is necessary.
• Rules Apply.
Wells Fargo Active Cash Card
The Wells Fargo Active Cash has no yearly fee and gives an unlimited 2% cash rewards rate on purchases. This puts it up against the top flat-rate cash back cards currently available.
Pros
• 2% cashback is always available on purchases
• No yearly charge
• Benefit of cell phone protection
Cons
• There is a cost for balance transfers.
• A foreign transaction fee is charged.
• No transportation partners
Card Details
• Spend $1,000 in purchases within the first three months to receive a $200 cash rewards incentive.
• Get 2% cashback on purchases indefinitely.
• Balance transfers done within 120 days are eligible for the intro rate and charge of 0% intro APR for 15 months from account activation on purchases and qualifying balance transfers, after which time they will be subject to a variable APR of 19.49%, 24.49%, or 29.49%.
• 3%, followed by a BT fee of up to 5%, minimum $5
• No yearly charge
• There are no categories to know or keep track of, and cash rewards are valid as long as your account is open.
• With Visa Signature Concierge, take advantage of a premium range of advantages at some of the most fascinating and prominent hotel establishments in the world.
• When you use an eligible Wells Fargo card to pay your monthly cell phone bill, you’ll receive up to $600 in damage or theft protection for your phone (subject to a $25 deductible).
• To discover more about the product features, terms, and conditions, click “Apply Today.”
