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Best Credit Cards for Black Friday Shopping

At Experian, one of our priorities is consumer credit and finance education. This post may contain links and references to one or more of our partners, but we provide an objective view to help you make the best decisions. For more information, see our Editorial Policy.

Black Friday might look a little different in 2020. The coronavirus pandemic has put a financial strain on millions of families, and forecasted spending growth is down. According to Deloitte, retail holiday sales will increase by 1% to 1.5% this year, a contrast from last year's 4.1% increase for the holiday period. And much of the shopping that does occur will happen online, as consumers continue to prefer buying online over heading to the mall.

Still, if you'll be shopping for loved ones (and maybe even yourself) this holiday season, Black Friday deals make it one of the best times to buy. To take advantage of those deals and get even more back, consider getting a credit card that provides a lot of value on your purchases. Here are some of our top choices.

Best Black Friday Credit Cards if You Have Great Credit

If your credit score is on the higher end, the following cards might be best for you. Before you apply, review your credit report and score to see where you stand. A higher score will make it more likely you'll qualify for one of these cards.

Citi® Double Cash Card - 18 month BT offer

Citi® Double Cash Card - 18 month BT offer

Apply

on Citi Credit Cards's website

Good - Exceptional

Citi® Double Cash Card - 18 month BT offer

APR

13.99% - 23.99% (Variable)

Intro APR

0% for 18 months on Balance Transfers

Rewards

2% cash back

Annual Fee

$0

Card Details
  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • To earn cash back, pay at least the minimum due on time.
  • Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% - 23.99%, based on your creditworthiness.
  • Balance Transfers do not earn cash back.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • The standard variable APR for Citi Flex Plan is 13.99% – 23.99% based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.

Rates and Fees

If you're hoping to get a credit card that you can use on Black Friday and beyond, the Citi® Double Cash Card - 18 month BT offer from our partner is worth considering. The card offers a flat 2% cash back on every purchase—that's an unlimited 1% back when you buy and an additional 1% back when you pay off your purchases.

This card could also be helpful after the holiday season is over because of its balance transfer offer. You'll get an introductory 0% APR on balance transfers for 18 months, with an upfront 3% balance transfer fee ($5 minimum). After that, the variable rate will be 13.99% to 23.99%. If you do transfer a balance, you'll be charged interest on your purchases unless you pay your entire balance (including balance transfers) by the due date each month. And, unfortunately, the 0% APR promotion doesn't extend to new purchases. But the flat 2% cash back is among the best flat rewards rate in the business, so it's a solid card to use now and in the future. There is no annual fee.

Capital One Quicksilver Cash Rewards Credit Card

Capital One Quicksilver Cash Rewards Credit Card

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on Capital One's website

Good - Exceptional

Capital One Quicksilver Cash Rewards Credit Card

APR

15.49% - 25.49% (Variable)

Intro APR

0% on Purchases for 15 months

Rewards

1.5% cash back on All Purchases

Intro Bonus

One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening

Annual Fee

$0

Card Details
  • One-time $200 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; 15.49%-25.49% variable APR after that
  • Pay no annual fee or foreign transaction fees

The Capital One Quicksilver Cash Rewards Credit Card could be a solid choice if you want to leverage your Black Friday spending to get a little extra cash for the rest of the holiday season.

The card offers a one-time intro bonus of 200 after you spend $500 in the first 3 months. You'll also earn 1.5% cash back on every purchase you make, and there's no minimum redemption amount, so you can use your rewards whenever you want. You can even redeem your cash back directly at checkout when shopping on Amazon.com.

The card has a 15-month intro 0% APR on purchases, giving you extra time to pay off holiday spending at no interest; after that, you'll pay a variable rate of 15.49% to 25.49% depending on your creditworthiness.

This card also offers an extended warranty for eligible items. There is no annual fee.

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Apply

on Chase's website

Good - Exceptional

Chase Sapphire Preferred® Card

APR

15.99% - 22.99% Variable

Intro APR

N/A

Rewards

2X points on Dining & Travel

1X points on All Other Purchases

Intro Bonus

Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn a $50 statement credit towards grocery store purchases within your first year of account opening.

Annual Fee

$95

Card Details
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 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, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

If you're considering a travel rewards card and want to maximize the value you'll get back from Black Friday and other upcoming spending, you can't go wrong with the Chase Sapphire Preferred® Card. It offers a whopping 80,000 bonus points after you spend $4,000 in the first 3 months—that's worth $1,000 in travel when you book through Chase Ultimate Rewards.

On an ongoing basis, the card offers 2 points per dollar on travel and dining and 1 point per dollar on everything else. Through March 2022, however, you'll also get 5 points per dollar on Lyft rides. Other perks include the ability to transfer points to airline and hotel rewards programs and a complimentary DoorDash DashPass subscription for at least one year (if you activate by December 31, 2021).

This card also offers extra protections when you use it for holiday (and other) spending. With purchase protection, you can get up to $500 back if an item you purchased was damaged or stolen within 120 days of purchase. And the extended warranty gives you an extra year of coverage on eligible U.S. products that offer warranties of three years or less. The annual fee is $95.

Best Black Friday Credit Cards if Your Credit Needs Work

If your credit scores are on the lower end of the scale, consider the following. You can still find great cardholder perks and benefits without an excellent credit score.

Credit One Bank American Express® Credit Card

Most of the best credit cards for Black Friday shopping require good or excellent credit to get approved. If your credit needs some work but you still want to take advantage of rewards, the Credit One Bank American Express® Credit Card should be on your radar.

The card offers unlimited 1% cash back on every purchase you make, plus the chance to get statement credits on some of your purchases through Amex Offers. For eligible items you buy, you'll get retail protection, which reimburses you if eligible items are accidentally damaged or stolen within 90 days of your purchase—many major credit card issuers no longer offer this perk.

The card is available for people with fair credit or better, which starts at a FICO® Score of 580. The annual fee is $39. Terms apply.

Which Card Should You Choose for Black Friday Shopping?

There's no single best credit card out there for everyone, so it's important to consider a few things before deciding which one is right for you. Start by checking your credit score to see where you stand. If you have good credit, you'll have a pretty good shot at getting approved for most, if not all, of these top Black Friday credit cards.

If your credit score is less than stellar, though, your options may be limited. Consider using Experian CreditMatch™ to get an idea of what you might qualify for based on your credit profile.

Next, think about your spending habits—not just for Black Friday, but in the future—and focus on the cards that will give you the most bang for your buck. Finally, think about other preferences you might have. For example, if your budget is tight, a card with an introductory 0% APR promotion and rewards could be a solid choice. Or if you want a big sign-up bonus, narrow down your selection based on that feature.

Whatever you do, take your time to shop around and compare several cards to make sure you find the best fit for your needs.