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Best Credit Cards for Black Friday and Cyber Monday 2023

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As you gear up for holiday shopping, Black Friday and Cyber Monday are among the best times to find deals. If you're looking to make the most of your holiday shopping on these days, there are credit cards that can help you maximize rewards, earn intro bonuses and benefit from other perks along the way.

2 Partner Offers

Our Picks for the Best Credit Cards for Black Friday and Cyber Monday
Wells Fargo Active Cash<sup>®</sup> Card

Wells Fargo Active Cash® Card

2% cash rewards on eligible purchases

$200 cash rewards bonus after spending $500 on purchases in the first 3 months

(Rates & Fees)

Wells Fargo Reflect<sup>®</sup> Card

Wells Fargo Reflect® Card

Intro APR for 21 months from account opening on purchases and qualifying balance transfers, then 18.24%, 24.74%, or 29.99% Variable APR.

(Rates & Fees)

Best for General Spending: Wells Fargo Active Cash® Card

While some holiday shoppers are looking to maximize their rewards with certain retailers or spending categories, consumers with good credit who want simplicity might consider the Wells Fargo Active Cash® Card.

The card offers a flat 2% cash rewards on every purchase you make, so you don't have to keep track of bonus categories or meet other requirements to maximize your rewards every time you shop. You'll also get an introductory cash rewards bonus of $200 when you spend $500 in the first 3 months from account opening.

If you're looking for interest savings, you'll also get that with this card. It offers an introductory 0% APR on purchases and qualifying balance transfers for 15 months from account opening, after which you'll have a 20.24%, 25.24%, or 29.99% Variable APR. Balance transfers made within 120 days of account opening qualify for this card's intro APR and carry a balance transfer fee of 3% ($5 minimum). Balance transfers made after the first 120 days have a 5% fee ($5 minimum).

Of course, if you prefer a card with bonus rewards on certain categories, this one isn't for you. But if you want excellent value on Black Friday, Cyber Monday and beyond, this one stands out.

Wells Fargo Active Cash® Card

Apply

on Wells Fargo's website

Rates and Fees

Good - Exceptional

Wells Fargo Active Cash® Card

APR

20.24%, 25.24%, or 29.99% Variable APR

Intro APR

0% intro APR for 15 months from account opening on purchases and qualifying balance transfers

Rewards

2% Cash Rewards on Purchases

Intro Bonus

Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Card Details
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
  • Earn unlimited 2% cash rewards on purchases.
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
  • $0 annual fee.
  • No categories to track or remember and cash rewards don’t expire as long as your account remains open.
  • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.

Best for a Long Intro 0% APR Period: Wells Fargo Reflect® Card

If you're looking to make some significant purchases on Black Friday and Cyber Monday, you may want to prioritize a card with a long introductory APR promotion. For that, turn to the Wells Fargo Reflect® Card.

This card offers a lengthy 21-month (from account opening) intro 0% APR on purchases and qualifying balance transfers. Once the 0% intro APR promotional period ends, your interest rate for purchases and balance transfers will increase to a 18.24%, 24.74%, or 29.99% Variable APR. Balance transfers made during the first 120 days you have the card will qualify for the intro rate; transfers incur a 5% fee ($5 minimum).

If maximizing interest savings is your top priority and you have good credit, you'll be hard-pressed to find a better option. But if you want a mix of an intro 0% APR and rewards, this one only does one of those.

Apply

on Wells Fargo's website

Rates and Fees

Good - Exceptional

APR

18.24%, 24.74%, or 29.99% Variable APR

Intro APR

0% intro APR for 21 months from account opening on purchases and qualifying balance transfers

Rewards

None

Intro Bonus

N/A

Annual Fee

$0

Card Details
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 18.24%, 24.74%, or 29.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min $5.
  • $0 Annual Fee.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
  • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.

How to Save Money While Holiday Shopping

As you prepare your finances for holiday spending, it's important to plan to maximize your savings. While credit cards can help, here are some other tips to save you money on Black Friday, Cyber Monday and throughout the rest of the holidays:

  • Set a budget. Review your bank account and expenses to create a holiday budget for yourself. Stay on top of it by tracking your spending.
  • Consider DIY gifts. Making gifts yourself, like baked goods, and hand-crafted jewelry, can save you money compared to buying new things.
  • Price check gifts. Before making a purchase, do a quick online search to see if you can find a lower price elsewhere.
  • Use retail credit cards wisely. While they may offer a discount, they also charge high APRs, so you should only charge what you can afford to repay in full by your due date.
  • Sign up for cash back. With websites like TopCashback and Rakuten, you can earn rewards on top of what your credit card offers.
  • Limit impulse purchases. It's easy to make unplanned purchases with a credit card, so aim to cut down on impulse buys. Consider adding items to your cart and leaving them there for a few days to see if you still want the items.

Prepare Your Credit for Next Year

Most of the best credit cards for Black Friday and Cyber Monday are reserved for people with good or excellent credit. If you're not quite there yet, it may be too late for this holiday season. But it's still a good idea to work on improving your credit for the holidays next year and beyond.

Start by checking your credit score and reviewing your credit report to see where you stand and which areas you can improve on. Then take proactive steps to address those issues and monitor your credit regularly to stay on track.