If you're going to shop, it only makes sense to get the most out of each trip. Whether it's a sweet reward, cash back or lower fees, if a credit card can save you money, that's more cash in your pocket for other things. Here's a look at five of the best low-interest credit cards for shopaholics.
Discover It Cash Back: This card offers 5 percent cash back on rotating categories like dining, gas and groceries, and 1 percent cash back on all other purchases.
Unlike some cash-back programs where you have to wait to redeem your money, this card lets you redeem any amount at any time for statement credit, a check or use on Amazon.
The interest rate starts at 10.99 percent APR, plus you'll enjoy no annual fee and 0 per cent interest on purchases and balance transfers for the first 14 months.
BuyPower Card from Capital One: A good choice if you're planning to buy a new car in the next few years. You can earn 5 percent cash back on your first $5,000 in purchases every year, and unlimited 2 percent cash back on every other purchase.
You can apply your earnings toward the purchase of a new Chevrolet, Buick, GMC or Cadillac. There's no annual fee, and the card features a rate of 11.90 percent APR, plus 0 percent interest on purchases for the first 12 months.
Capital One Quicksilver Cash Rewards: Earn unlimited 1.5 percent cash back on every purchase, and there's no limit to how much you can earn. Get a $100 cash bonus after spending $500 within the first three months.
There are multiple ways to save because the card has no annual fee, and 0 percent APR on purchases and balance transfers for the first nine months, followed by a standard rate of 12.90 percent APR.
Blue Cash Everyday Card From American Express: Get a $100 bonus after spending $1,000 in purchases within the first three months, plus 1 percent cash back on all others purchases. The card also offers 3 percent cash back at supermarkets up to $6,000 per year. And if you're obsessed with Saks Fifth Avenue, Bloomingdale's, Kohl's, Macy's or Nordstrom, you can earn 2 percent cash back at these department stores and some other major U.S. retailers.
There's no annual fee for this card, and you'll pay no interest on purchases and balance transfers for 15 months, followed by a rate as low as 12.99 percent.
Chase Freedom: Earn 5 percent cash back on rotating categories every three months, plus unlimited 1 percent cash back on all other purchases with the Chase Freedom credit card. As a new customer, you'll also earn a $100 bonus after spending $500 in the first three months, and a $25 bonus once you add an authorized user on your account and he or she makes a first purchase within 90 days.
Pay no interest for 15 months on purchases and balance transfers, and then an interest rate starting at 13.99 percent. There's no annual fee, and if you prefer online shopping, you can shop through Chase.com and earn 2 percent to 5 percent cash back with select retailers.