The Ultimate Guide to Credit Cards
Saturday, December 14, 2019

21 Best Credit Cards for Shopping

21 Best Credit Cards for Shopping

credit card advice

Matt Walker
By: Matt Walker
Updated: November 20, 2019

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Most people have experienced heading out to the supermarket, a department store, or the mall, to pick up one or two items and leave instead with four bags full of stuff. Sometimes a sale is just too good to pass up. That’s why consumers often look for the best credit cards for shopping.

And while 90% of retail shopping in the U.S. still takes place in brick-and-mortar stores, experts forcast that online shopping will account for 20% of all sales by the year 2025. That means having a credit card that rewards you for your transactions is increasingly important, and why we did the research to find the best options to match your shopping needs.

Overall | Online | Groceries | Retail | International | Cash Back | Big Purchases | FAQs

Best Overall Cards for Shopping

Buying something for yourself is a fun experience. Buying something for yourself — and getting rewarded for making the purchase — is downright thrilling. That’s why it’s key to have a good rewards card in your shopping arsenal.

These cards can lower the cost of your items at the register or reward you with cash back equal to a percentage of your overall purchase price. Check out our top choices below for the cream of the crop.

  • 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

With the Chase Freedom Unlimited® card, you’ll earn 1.5% cash back on all of your purchases. Add to that an introductory period with 0% interest and you may just have your best option for that big purchase you need to make. This card charges no annual fee, and your rewards won’t expire as long as the account is open.

Discover it® Cash Back Review

at Discover Card'ssecure website

BEST OVERALL RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 14 months
0% for 14 months
13.49% - 24.49% Variable
$0
Good/Excellent

Not only does the Discover it® Cash Back card match all the cash back you’ve earned at the end of your first year, automatically, but you can also use the card to maximize your earnings throughout the year. Cardholders can activate quarterly categories that unlock 5% cash back for up to $1,500 in purchases in rotating categories that include gas stations, grocery stores, restaurants, and Amazon.com.

3. Amazon Prime Rewards Visa Signature Card

Amazon.com generates more than $1 billion in revenue every month, which means that a lot of people turn to the online retailer for their shopping needs. The Amazon Prime Rewards Visa Signature Card makes it easier to complete your purchase and save a little money if you’re an Amazon Prime member.

Amazon Rewards Visa Signature® Card

  • Earn 5% back on Amazon.com and Whole Foods purchases
  • Earn 2% cash back at restaurants, gas stations, and drugstores, 1% on everything else
  • Pay no annual card fee, Prime fee applies

While the 5% discount for Prime members is a pretty big deal, remember that membership will cost you $119 annually. Unless you make a lot of purchases with the online giant, the cost of the membership may not be worth the discount.

Best Cards for Online Shopping

Cash is still king in most commercial circles, but it won’t do you a lot of good online. If you’re the type of person who makes a lot of purchases online, you already know the importance of a good credit card. But is your current card as good as our top choices below? If not, you may want to consider adding one.

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 12 Billing Cycles
0% Intro APR for 12 Billing Cycles (for balance transfers made in the first 60 days)
16.24% - 26.24% (Variable)
$0
Excellent/Good

The Bank of America® Cash Rewards Credit Card allows cardholders to choose a category that will yield them an elevated 3% cash back. These categories include online shopping, which provides even more money back for purchases you’re already making. Who doesn’t love free money?

Discover it® Cash Back Review

at Discover Card'ssecure website

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 14 months
0% for 14 months
13.49% - 24.49% Variable
$0
Good/Excellent

The Discover it® Cash Back card offers rotating quarterly categories you can activate that provide a whopping 5% cash back up to the purchase limit. These categories include online shopping destinations such as Amazon.com. Cardholders can also automatically use their cash back rewards at checkout when purchasing from Amazon.

6. Amazon Prime Rewards Visa Signature

If you’re already an Amazon Prime Member, then the Amazon Prime Rewards Visa Signature Card can make your membership even more rewarding. All cardholders earn 3% cash back at Amazon.com and Whole Foods, but that number jumps to 5% if you’re a Prime Member.

Amazon Rewards Visa Signature® Card

  • Earn 5% back on Amazon.com and Whole Foods purchases
  • Earn 2% cash back at restaurants, gas stations, and drugstores, 1% on everything else
  • Pay no annual card fee, Prime fee applies

This card has great utility whether you’re a Prime Member or not, but consider the cost of the membership ($119 annually) if you’re wanting to boost your rewards.

Best Cards for Grocery Shopping

Everyone’s had the experience of buying groceries and watching the screen in the checkout lane as the total steadily increases with every item scanned. As that number grows, so, too, do the savings you can obtain with the right credit card.

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 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 a flat-rate 1.5% cash back on all purchases. You can use the cash back to visit your favorite restaurant when you don’t feel like cooking or apply it as a statement credit to help lessen the cost of your grocery purchases.

8. Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express offers the highest savings on groceries we’ve seen, with 6% cash back at grocery stores. Better yet, you won’t accrue interest on your grocery purchases for the first year of card ownership.

Blue Cash Preferred® Card from American Express

  • 6% cash back at U.S. supermarkets, 3% back on streaming and transit services and gas stations, 1% back on everything else
  • 0% intro APR on purchases and balance transfers for 12 months
  • $95 annual fee

Whether you’re single or have a big family, the huge cash back savings makes this card worth the annual fee. Spending an average of $132 on groceries each month will cover the cost of the annual fee.

9. Target REDcard

The Target REDcard increased its value for frequent shoppers when many Target locations added a grocery department. Not only does this card offer a competitive interest rate, but you’ll instantly get 5% off your total purchase at checkout in stores and online.

Target REDcard

  • Save 5% on qualifying purchases in-store and online
  • Free 2-day shipping on items at Target.com, extended returns on purchases made with your REDcard
  • No annual fee

What’s more, Target lets you use coupons for your grocery shopping purchases in conjunction with the 5% discount. That could greatly decrease your food bill and give you more money to shop for everything else you want at Target.

Best Retailer Cards for Shopping

Many retailers offer their own branded cards that provide savings at the checkout or cash back on your total cost, as well as the opportunity to pay for your purchases over time. Many chain stores also offer special discounts and perks to cardholders. Check out the list below to see our top retailer cards for shopping.

Fingerhut Credit Account Review

at Fingerhut'ssecure website

BEST OVERALL RATING

★★★★
4.0

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

The Fingerhut Credit Account is a great choice for online shopping if you have damaged credit or want to establish a credit history. That’s because this credit account isn’t actually a credit card. Instead, you can limit the temptation to spend since you can only use your account to purchase items online through Fingerhut and its partner websites.

11. Amazon Prime Rewards Visa Signature

You can get just about anything you need on Amazon.com. And the Amazon Prime Rewards Visa Signature card makes it easier to get what you want without leaving your house — all while increasing the cash back savings for Amazon Prime members.

Amazon Rewards Visa Signature® Card

  • Earn 5% back on Amazon.com and Whole Foods purchases
  • Earn 2% cash back at restaurants, gas stations, and drugstores, 1% on everything else
  • Pay no annual card fee, Prime fee applies

Amazon doesn’t charge an annual fee for card membership and cardholders receive special financing deals on all orders of $149 or more — which is easy to spend at the internet megastore.

12. Target REDcard

Target is one of the leading all-purpose stores in America for good reason. Not only does the chain provide great merchandise at great prices, but its Target REDcard increases savings by automatically deducting 5% from your total purchase price at the register.

Target REDcard

  • Save 5% on qualifying purchases in-store and online
  • Free 2-day shipping on items at Target.com, extended returns on purchases made with your REDcard
  • No annual fee

Target also accepts coupons, which will maximize your savings when you use your card to make purchases. Just be sure to pay your balance in full as soon as you can because the APR on this card is a bit higher than the average APR.

Best Cards for International Shopping

Whether you’re a collector, bargain hunter, or on the lookout for a rare item that you just can’t seem to find, you can often spot great deals from overseas sellers. But some credit cards charge extra for shopping with international retailers in the form of foreign transaction fees. The cards below have no annual fees, low APRs, and don’t charge foreign transaction fees.

Discover it® Cash Back Review

at Discover Card'ssecure website

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 14 months
0% for 14 months
13.49% - 24.49% Variable
$0
Good/Excellent

The Discover it® Cash Back card doesn’t charge an annual fee or foreign transaction fees that could stop you from shopping internationally. Plus, you’ll earn cash back for qualifying purchases, and Discover will match all the cash back you’ve earned at the end of your first year, automatically.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 12 leading travel loyalty programs
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 12 months
N/A
13.74% - 23.74% (Variable)
$0
Excellent, Good

The Capital One® VentureOne® Rewards Credit Card doesn’t charge annual fees or foreign transaction fees, which means you can use your card anywhere in the world without worrying about surprise charges. All the while, you’ll earn 1.25X miles on every purchase.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.74%-25.74% variable APR after that
  • 0% intro APR on balance transfers for 15 months; 15.74%-25.74% variable APR after that; 3% fee on the amounts transferred within the first 15 months
  • Pay no annual fee or foreign transaction fees
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 15 months
0% for 15 months
15.74% - 25.74% (Variable)
$0
Excellent, Good

Every Capital One® Quicksilver® Cash Rewards Credit Card member earns an unlimited 1.5% cash back on every purchase he or she makes with the card. Capital One also offers regular signup bonuses and introductory interest-free periods that make this card an attractive option to the frequent shopper, all with no foreign transaction fees for overseas purchases.

Best Cash Back Cards for Shopping

What’s better than finding an item you’ve always wanted? How about finding that item and getting cash back for purchasing it on your credit card. Our top cash back cards below not only give you that warm and fuzzy money-back feeling, but they offer other great perks that make shopping even more enjoyable.

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

The Chase Freedom® has long been one of our favorite overall credit cards, which makes it an easy choice for our best credit cards for shopping. New cardholders start with a 0% introductory APR for 15 months and earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate.

Discover it® Cash Back Review

at Discover Card'ssecure website

EXPERT'S RATING

★★★★★
5.0

OVERALL RATING

5.0/5.0
  • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases - automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Get an alert if we find your Social Security number on any of thousands of Dark Web sites.* Activate for free.
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 14 months
0% for 14 months
13.49% - 24.49% Variable
$0
Good/Excellent

The Discover it® Cash Back has become a favorite with shoppers because of its popular cash back match promotion that essentially doubles all of the cash back you earn during your first year with the card. If you’re a regular shopper (or even a bill payer), that cash back can add up quickly.

EXPERT'S RATING

★★★★★
4.8

OVERALL RATING

4.8/5.0
  • Earn a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
  • Earn unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases. Plus, earn 8% cash back on tickets at Vivid Seats through May 2020.
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • No foreign transaction fees
  • Capital One cardholders get access to premium experiences in dining, entertainment and more
  • $0 intro annual fee for the first year, $95 after that
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
16.24% - 25.24% (Variable)
$0 intro for first year; $95 after that
Excellent, Good

The Capital One® Savor® Cash Rewards Credit Card is a foodie’s best friend. And after a long day of shopping, who doesn’t enjoy a nice meal? This card lets you earn 4% cash back on dining and entertainment, 2% at grocery stores, and 1% on all other purchases.

Best Cards for Big Purchases

Try as you may, you can’t stop your appliances from dying or your car from giving up. And when these things happen, big bills often follow. Thankfully, there are credit cards that offer long introductory periods without interest charges to lessen the impact of a big purchase. Check out our top choices below.

CITI® RATING

★★★★
4.0

OVERALL RATING

0.0/5.0
  • Get 0% intro APR on new purchases and balance transfers for 18 months. Balance transfers must be made within the first 4 months of account opening
  • Citi® Price Rewind searches for lower prices online for 60 days for your registered purchases
  • $0 liability on unauthorized purchases and Citi® Identity Theft Solutions.
  • Experience great benefits like VIP packages to concerts, sporting events and more with access to Citi® Private Pass®
  • No annual fee
  • Free access to FICO® Scores
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
0% for 18 months
0% for 18 months
15.99% - 25.99% (Variable)
$0
Excellent/Good

Citi has a history of offering terrific interest-free deals to help new cardholders make big purchases or pay off existing debt through balance transfers. The Citi® Diamond Preferred® Credit Card is among the issuer’s best cards, with an 18-month interest-free period. If you’re looking to make a big purchase, Citi also offers its Citi® Price Rewind, which searches online for lower prices on the same item for 60 days after your purchase. Citi will refund you the price difference should it find a better deal.

BEST OVERALL 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 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

New Chase Freedom Unlimited® credit card members start with an 15-month interest-free introductory period, which makes this card perfect for making — and paying off — a big purchase without added charges. Along with the intro APR offer, you’ll earn an unlimited 1.5% cash back on all purchases.

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

Not only does the Chase Freedom® offer a 15-month, 0% APR introductory period, but you’ll also earn a $150 bonus after you spend $500 on purchases in your first 3 months from account opening. That means you can get near-instant savings with any big purchase you make with the card.

How Do You Shop with Credit Cards?

Credit card companies want you to use their cards, so they make it as easy as possible to swipe, insert, or tap and be on your way.

The majority of businesses accept most credit cards. But not every retailer accepts every credit card network. That’s why it’s vital to choose a card that your favorite shopping destinations accept.

When you use your credit card to make a purchase, the credit card issuer typically gives you a 30-day grace period after the purchase to pay off the charge without interest. Once that time passes, you’ll begin to accrue interest fees on your purchase.

The fees will vary depending on your credit card. Below is an example of interest fees on a credit card with a $5,000 balance and 21% APR.

Repayment of $5,000 Credit Card Balance w/ 21% APR

To avoid these fees, never make a purchase using your credit card that you can’t afford to pay off within one month.

Shopping with a credit card is the easiest and most convenient way to make online purchases. Just about every e-tailer accepts the various credit card networks and offers a checkout page where you can enter your credit card information (card number, expiration date, and security code on the back of your card) to complete your purchase.

Before you give your number to an online store, make sure you’re shopping at a secure location. You can tell if a website uses the latest security technology by looking at the address bar in your browser. If there’s a picture of a little padlock to the left of the URL, your credit card information will travel an encrypted and safe path to the network that processes your payment.

Which Stores Help Build Credit?

Credit cards — not stores — help you build credit. While many stores offer their own branded credit cards, it’s the bank that issues the card that will help you build credit.

The store simply accepts the card to complete your transaction and receives payment for the purchase from the bank that issued your card. You then owe the bank. The bank then reports your payment history and amount owed to the three major credit reporting bureaus, which can help establish or rebuild your credit profile.

How to Build Credit with a Credit Card

The Fingerhut Credit Account is a great way to build credit while shopping online. This isn’t a traditional credit card. You can only use it online at Fingerhut.com and its partner websites to purchase name-brand merchandise at discounted prices.

Fingerhut’s issuing bank, WebBank, will report your payment history to the credit bureaus.

When you make on-time payments, the bank lets these bureaus know that your account is in good standing.

Continued on-time payments will help improve your credit score. If you miss a payment by only a few days, it typically won’t harm your credit score, though you may have to pay a hefty late fee.

When your late payment extends 30 or more days past the due date, the bank typically reports the delinquency to the credit bureaus. When this happens, your score will drop — possibly by 100 points or more.

These late payments live on your credit report for up to seven years. But as they get older, their impact on your credit score lessens. If you continue to make on-time payments, the positive history will eventually push the negatives further down your credit report, and your credit score will increase.

Is it Better to Buy Cash or Credit?

This depends on the size and scope of your purchase. You’ll never have a problem finding a retailer or service provider that accepts cash. Most prefer it because they don’t have to pay processing fees on the transaction.

And that’s okay if you’re stopping at the gas station to buy a drink and a candy bar. But if you’re doing some grocery shopping or making a big purchase, you may not want to carry around that much cash on you.

Many consumers prefer to carry credit cards because they’re easy to cancel if they’re lost or stolen, and many provide cash back or other benefits for every transaction. Some also offer purchase protection that can extend your warranty and give you added peace of mind.

But credit cards can also provide a tremendous temptation to spend money you may not have. Credit cards require a great deal of responsibility and restraint to keep you from accumulating debt — and paying heavy interest charges on your purchases. Some people choose to keep their credit cards at home, unless they know they’re making a big purchase that requires the card.

If you’re confident you can resist the temptation to spend that comes with a credit card, then you’ll certainly find that carrying one provides an easy and safe payment method that won’t overload your wallet and emergency funding when the inevitable happens.

Shop Your Way to Savings and Rewards

No matter what payment method you use, you’re going to have to go shopping at some point. After all, you’ll eventually need groceries, clothes, or toilet paper.

If you’re going to buy these things anyway, why not add one of the best credit cards for shopping in your wallet? That way, you can earn cash back or take advantage of other perks and discounts that will make those shopping trips easier on your wallet.