The Ultimate Guide to Credit Cards
Monday, March 30, 2020

13 Best Credit Cards for Electronics Purchases

13 Best Credit Cards for Electronics Purchases

credit card advice

Adam West
By: Adam West
Updated: January 28, 2020
Advertiser Disclosure

Many consumers struggle over whether to purchase a store’s extended warranty plan when buying a new electronic gadget. But, if you carry one of the best credit cards for electronics, you can confidently decline the offer and still feel safe.

That’s because you can automatically extend your warranty without having to pay an extra fee when you use any of the cards listed below to make your purchase. Some cards will even offer price protections that refund part of your purchase price if you find the same item cheaper in a different store shortly after your purchase.

And did we mention the cash back rewards and potential interest-free financing? If you’re a techie and an early adopter of all the latest gizmos, consider these cards as insurance policies on all your new items.

Overall
Extended Warranty | 0% Financing | Business | Bad Credit | FAQs

Best Overall Card for Buying Electronics

The Chase Freedom Unlimited® card offers everything a techie could ask for. This includes 1.5% cash back on every purchase — which makes those tech buys a little cheaper — and adds a welcome bonus that can pay for part of your purchase. New cardholders receive a signup bonus after they meet a minimum amount using the card within three months of opening the account.

  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5
  • No annual fee
  • No minimum to redeem for cash back
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
0% Intro APR on Balance Transfers 15 months
16.49% - 25.24% Variable
$0
Good/Excellent

But that’s not all. The card also offers an extended 0% financing period for new cardholders. And you can have your original manufacturer’s warranty extended for up to one year when you use the card to purchase the item. You get all of this with no annual fee.

Best Cards for Electronics with Extended Warranties

Over the last five years, many credit card issuers have added extended warranty protection to their cards — but not many actively publicize the benefit. This is one of the least-used credit card perks, yet it’s one that can save you the most money if your new tech item goes on the fritz.

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
0% Intro APR on Balance Transfers 15 months
16.49% - 25.24% Variable
$0
Good/Excellent

Chase offers one of the best extended warranty programs in the credit card space, and the Chase Freedom® card helps you reap the extra protection by adding up to one year on your manufacturer’s original warranty. Just note that this does not cover boats, automobiles, aircraft, or any other motorized vehicles.

There’s also no protection on items purchased for resale, professional, or commercial use, or pre-owned items and computer software.

EXPERT'S RATING

★★★★★
4.9

OVERALL RATING

4.9/5.0
  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles on every purchase, every day.
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✔®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 15+ leading travel loyalty programs
  • No foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.24% - 24.49% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

With the Capital One® Venture® Rewards Credit Card, you can double the manufacturer’s warranty for up to one year on warranties of three years or less. Capital One limits all claims to $10,000 per item or $50,000 per cardholder.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That's 3X points in addition to the 2X points you already earn on travel.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
17.49% - 24.49% Variable
$95
Good/Excellent

Chase Sapphire Preferred® cardholders receive an additional year of warranty protection on items purchased using the card. This card also provides some of the best travel rewards in the industry — so you can use those electronics purchases to save up for your next trip to E3 or another tech conference.

Bank of America® Cash Rewards Credit Card Review

at Bank Of America'ssecure website

EXPERT'S RATING

★★★★★
4.7

OVERALL RATING

0.0/5.0
  • $200 online cash rewards bonus after you spend at least $1,000 on purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings
  • Plus, earn 2% at grocery stores and wholesale clubs, and 1% cash back on everything else
  • Bonus rewards capped at $2,500 is combined bonus category purchases each quarter
  • No annual fee
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR for 15 Billing Cycles
0% Intro APR for 15 Billing Cycles (for balance transfers made in the first 60 days)
15.49% - 25.49% (Variable)
$0
Excellent/Good

The Bank of America® Cash Rewards Credit Card can extend an original warranty for up to 12 months on qualifying purchases. And you can increase your rewards yield if you have a Bank of America checking or savings account, which makes this a great choice if you’re already an account holder.

Best Cards for Electronics with 0% Financing

While all the cards above offer extended warranties on your electronics purchases, only three also provide interest-free financing for a promotional period. This is particularly helpful if the item you have your eye on is costly.

0% INTRO APR RATING

★★★★★
4.9

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5
  • No annual fee
  • No minimum to redeem for cash back
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
0% Intro APR on Balance Transfers 15 months
16.49% - 25.24% Variable
$0
Good/Excellent

The Chase Freedom Unlimited® card offers new cardholders more than a year of interest-free financing. After that period, the card reverts to its standard interest rate, based on your creditworthiness.

0% INTRO APR RATING

★★★★★
4.9

OVERALL RATING

5.0/5.0
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • Unlimited 1% cash back on all other purchases - it's automatic
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR on Purchases 15 months
0% Intro APR on Balance Transfers 15 months
16.49% - 25.24% Variable
$0
Good/Excellent

With the Chase Freedom® card, you’ll receive more than a year of interest-free financing after opening your account. You’ll also get a 3% introductory balance transfer fee when you initiate your transfer within 60 days of opening your account.

Bank of America® Cash Rewards Credit Card Review

at Bank Of America'ssecure website

EXPERT'S RATING

★★★★★
4.7

OVERALL RATING

0.0/5.0
  • $200 online cash rewards bonus after you spend at least $1,000 on purchases in the first 90 days of account opening
  • Earn 3% cash back in the category of your choice: gas, online shopping, dining, travel, drug stores, or home improvement/furnishings
  • Plus, earn 2% at grocery stores and wholesale clubs, and 1% cash back on everything else
  • Bonus rewards capped at $2,500 is combined bonus category purchases each quarter
  • No annual fee
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% Intro APR for 15 Billing Cycles
0% Intro APR for 15 Billing Cycles (for balance transfers made in the first 60 days)
15.49% - 25.49% (Variable)
$0
Excellent/Good

The Bank of America® Cash Rewards Credit Card provides new members with 12 months of interest-free financing for new purchases and balance transfers, after which the regular APR kicks in.

Best Business Cards for Buying Electronics

Part of succeeding in business is having the latest technology that makes the customer experience both simple and memorable. If you’re looking to stay ahead of the tech curve, the cards below can offer you price protection and other perks that make your new purchase easier on your bottom line.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • $0 annual fee for the first year; $95 after that
  • Free employee cards, which also earn unlimited 2% cash back on all purchases
  • $0 Fraud Liability if your card is lost or stolen
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.49% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

With the Capital One® Spark® Cash for Business, you have price protection benefits that refund you the difference if you find an item you purchased with the card advertised at a cheaper price within 60 days of the date of purchase.

Capital One limits claims to $500 each with a maximum benefit of $2,500 each year. Thanks to the card’s partnership with Visa, the issuer will double the length of the manufacturer’s warranty and replace, repair, or reimburse eligible defective items within 90 days of purchase.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn unlimited 1.5% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months from account opening
  • Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that
  • No annual fee
  • Free employee cards, which also earn unlimited 1.5% cash back on all purchases
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.49% - 22.49% (Variable)
$0
Excellent, Good

The Capital One® Spark® Cash Select for Business offers all the same protections as its sibling card listed above — but with no annual fee. The major difference between the two cards is the cash back earnings.

This card yields 1.5% cash back, whereas the Capital One® Spark® Cash for Business pays a flat 2% on all purchases.

BUSINESS CARD RATING

★★★★★
4.7

OVERALL RATING

4.7/5.0
  • Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
  • Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
  • Earn 5X miles on hotel and rental car bookings through Capital One Travel℠ using a Spark Miles card
  • Transfer your miles to 10+ leading travel loyalty programs like JetBlue™, Air Canada, and Emirates™
  • Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
  • Fly through security with one statement credit for either the $85 TSA Pre✔® application fee or the $100 Global Entry application fee
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.49% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

With the Capital One® Spark® Miles for Business, you can earn the same price protection and extended warranties as you would with the two cards above, but you also rack up travel miles that can pay for your next business trip.

This card charges an annual fee (which is waived for your first year) but pays out an impressive 2X miles for every $1 spent and a generous signup bonus when you meet specific spending thresholds during your first three months with the card.

BUSINESS CARD RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn unlimited 1.5X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
  • Earn a one-time bonus of 20,000 miles – equal to $200 in travel – once you spend $3,000 on purchases within the first 3 months from account opening
  • Earn 5X miles on hotel and rental car bookings through Capital One Travel℠ using a Spark Miles Select card
  • Save on interest with 0% intro APR on purchases for 9 months; 14.49% - 22.49% variable APR after that
  • No annual fee
  • Transfer your miles to 10+ leading travel loyalty programs like JetBlue™, Air Canada, and Emirates™
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 9 months
N/A
14.49% - 22.49% (Variable)
$0
Excellent, Good

If annual fees aren’t your thing, you can still earn 1.5X miles per $1 spent with the Capital One® Spark® Miles Select for Business. The price protection and extended warranties remain the same, but the signup bonus is smaller.

Best Card for Buying Electronics with Bad Credit

The Fingerhut Credit Account isn’t technically a credit card, but that won’t stop you from using it to make your electronics purchases. You can only use this credit account online at Fingerhut and its retail partners. But with the line of credit, you can purchase name-brand merchandise — including electronics — at discounted prices.

Fingerhut Credit Account Review

at Fingerhut'ssecure website

BAD CREDIT RATING

★★★★★
4.7

OVERALL RATING

4.0/5.0
  • Easy application! Get a credit decision in seconds.
  • Build your credit history – Fingerhut reports to all 3 major credit bureaus
  • Use your line of credit to shop thousands of items from great brands like Samsung, KitchenAid, and DeWalt
  • Not an access card
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
See Issuers Website
$0
Poor Credit

And since this is a revolving line of credit, you can reuse the credit as soon as you pay off your previous purchases. Fingerhut also reports your payment history to the credit bureaus, which can help you rebuild your credit score with responsible use.

Which Credit Card is Best for Big Purchases?

A good credit card will give you more than just a line of credit. The best cards will give you a lot more.

Chase Freedom Unlimited® Card

The Chase Freedom Unlimited® card goes above and beyond when it comes to protecting your electronics and other purchases from premature damage. The card extends your original manufacturer’s warranty for up to one year while also providing 0% financing.

Keep in mind that the extended warranty does not cover boats, automobiles, aircraft, or any other motorized vehicles. It also doesn’t cover items purchased for resale, professional or commercial use, and pre-owned items or computer software.

That said, you’ll receive 1.5% cash back for your big purchase and every other purchase you make using the card. New cardholders can quickly make this card pay off with the welcome bonus.

Chase will give you a cash back bonus award once you meet the relatively low minimum spending requirement within your first three months after activation. You can easily earn that with one large purchase, and you won’t pay an annual fee for the card.

If you have a big purchase in your future, you’d be hard-pressed to find a card that can offer the combination of benefits Chase packs into the Freedom Unlimited® card. Evidence of this can be found in the card’s glowing feedback through the years.

Which Credit Card has the Best Extended Warranty?

Extended warranties aren’t uncommon in the credit card space. Most will add a year to your manufacturer’s original warranty that protects against defects and malfunctions. In other words, if the item you purchased using your credit card goes bad, the card issuer will pay to fix or replace it — whichever is cheaper.

If you regularly purchase electronics, this is a big deal. We all know how unpredictable some items can be.

What sets the various extended warranties apart is exactly how much they’ll cover per claim and for how long after you buy the item. After all, a warranty is only as good as its coverage.

Extended Warranties by Issuer

Chase provides one of the best extended warranties in the industry. The same protection applies to purchases made using any Chase card on this list.

You’ll get the standard extra year of coverage — but you can get back up to $10,000 in damages for each claim with a maximum payout of $50,000 per account. That amount is substantially higher than most other card issuers and can help protect you when you make very large purchases.

Keep in mind that Chase will only offer the extended warranty plan if the original manufacturer’s warranty runs for three years or less. If the item comes with a warranty of four years or longer, Chase will not extend the plan or offer the extra coverage.

That’s a fairly standard caveat in the industry. Some issuers — namely Citi and American Express — will still extend your warranty if it runs for five or fewer years, but the maximum coverage and other benefits are not as robust.

Are Electronics Cheaper Online than In-Store?

This depends mainly on the retailer you shop with. In many cases, you can find a better deal online because these stores don’t have the same overhead costs as traditional brick-and-mortar retailers.

For example, consumers know Walmart for its low prices, but Amazon.com will regularly have better deals than the nationwide chain. That’s because Walmart must factor in the cost of maintaining more than 5,300 retail locations into its prices.

That includes real estate costs, operating costs, and workforce costs, among many other expenses. The chain must also pay to transport all its items from warehouses to retail locations. Those costs add up — and the company passes them down to the customer.

Amazon can generally offer lower prices because it doesn’t have to pay overhead costs for so many physical locations. The speed and relatively low cost of shipping services today make shopping online cheaper and more convenient than ever.

Photo of Online Shopping

You can often find better deals online, and you have more options.

Depending on the state you live in, you may also pay fewer taxes on purchases you make online, which adds to the savings. That said, you may prefer to make certain purchases in person. Some people like to try clothes on and see furniture in person before paying for it.

But when it comes to electronics, you’ll often find better deals online. And since you rarely have to worry about large sizes, fits, or colors with these items, it won’t matter where you purchase them.

Another key factor in purchasing electronics online is that you have a greater number of retailers available to purchase from. That means you’ll increase your chances of finding that hot item that’s out of stock in your area if you scour the internet.

Just keep in mind you may pay more if an in-demand item is harder to find. Many online retailers act independently of large chains and aren’t tied to suggested retail prices.

Don’t Waste Money on the Store’s Extended Warranty

Just about every time you buy an electronic gadget or gizmo in person, the cashier suggests you purchase the store’s extended warranty plan. At that moment, you may feel the need to add the extra protection — and added cost — to your total, even though you may never use it.

But the credit cards above offer extended warranty protection at no additional cost. That means you can pass up the extra expense at the register and still have the peace of mind that you’re covered if the unthinkable happens to your new gadget.

Many of the cards will also offer cash back or travel miles for your purchase. Others give you extra time to pay off your purchases without incurring finance charges for a promotional period.

That’s why it’s a no-brainer that every techie should consider one of the best credit cards for electronics when making their next tech purchase.