This holiday season, credit card holders need to utilize every available resource to save money. One of the tools available to them are credit cards that offer 0% APR financing on new purchases. By opening up one of these accounts before spending money, cardholders can avoid the balance transfer fees that offer relief from interest payments on purchases they have already made.
Here are some of the top offers for promotional financing on new purchases:
Citi Simplicity® Card
Simplicity offers 18 months of 0% APR financing on both new purchases and balance transfers. Simplicity also features no late fees or penalty interest rates. There is no annual fee for this card but there is a 3% balance transfer fee. [click to continue…]
The Chase Freedom® - $200 Bonus Cash Back is one of the most popular reward credit cards from one of the largest card issuers in the United States. It offers 1% cash back on all purchases, and 5% cash back from purchases at selected merchants that change each quarter. In addition, new applicants receive 15 months of interest free financing on both new purchases and balance transfers, with a 3% balance transfer fee. All this, and no annual fee.
Now, that offer is even better since Chase will be granting $200 cash back to new cardholders who spend just $500 on their cards within their first three months of card membership.
What are the bonus categories?
In the fourth quarter of 2013, which includes October, November, and December, Freedom cardholders will receive 5% cash back on their first $1,500 spent at Amazon.com and at select department stores. The eligible stores include JCPenney, Kohl’s, Macy’s, Nordstrom, and Sears. In the first quarter of 2014, (January, February, and March) eligible purchases will include those at gas stations, Starbucks, and movie theaters. [click to continue…]