Best Credit Cards for Avoiding Interest on Holiday PurchasesUpdated: May 31, 2018

The holiday season is a time of giving, but it can also be expensive. Whether you’re purchasing gifts for your immediate family or hosting a feast for your family and friends, there may be some unexpected expenses you have to cover. While you can always reach for your current credit card, chances are you will find yourself paying interest if you don’t pay off the balance before the statement closes. If you need some extra time to avoid interest on your holiday purchases, look into one of the best low APR credit cards. These cards not only provide you with 0% intro APRs on purchases for up to 18 months, but some cards also offer cash back rewards, allowing you to make the most of your holiday shopping. Keep reading to see our list of the best credit cards for avoiding interest on holiday purchases.

Best Credit Cards for Avoiding Interest on Holiday Purchases

Cards with a combination of cash rewards and 0% intro APRs

Using a cash back credit card that offers a 0% intro APR on purchases makes sense for holiday shopping because it allows you to spread the spirit of the season, earn cash back on your festive purchases and avoid a hefty interest bill. Here are our top picks for cards with a combination of cash rewards and 0% intro APRs.

Chase Freedom – $150 Bonus

Best Credit Cards for Avoiding Interest on Holiday PurchasesChase Freedom – $150 Bonus offers the perfect combination of cash back and a long 0% intro APR. Kicking things off is a 15-month 0% intro APR on purchases and balance transfers (with a 5% balance transfer fee), which allows you to avoid credit card interest until 2019! Next, cardholders will earn 5% cash back on rotating bonus categories (up to $1,500 in combined purchases, then it’s 1% back) and 1% on all other purchases. From now through December of 2017, cardholders earn 5% cash back at Walmart and department stores! You’re required to activate the 5% back categories every quarter, but Chase will text or email you when it’s time. As if that isn’t enough, cardholders who spend $500 on purchases within the first 3 months from account opening will earn a $150 bonus! Rounding out Chase Freedom – $150 Bonus, which requires good credit (usually considered a credit score of 700 of higher) for approval, is no annual fee.

Discover it Cash Back

Best Credit Cards for Avoiding Interest on Holiday PurchasesWant to avoid interest on purchases and get some stellar cash back rewards? If so, Discover it Cash Back is your card. That’s because this card offers a 14-month 0% intro APR on purchases and balance transfers (with a 3% balance transfer fee), and from now through December of 2017, you’ll earn 5% back on Amazon.com and Target purchases (up to the quarterly maximum, currently $1,500, then it’s 1% back). These categories rotate on a quarterly basis, so you’ll earn 5% on a variety of categories throughout the year. You must activate the 5% rewards every quarter, but Discover will remind you to do so. On top of that, Discover matches all of the cash back you’ve earned at the end of your first year as a cardholder, so if you earn $500 cash back in the first year, Discover will match that and give you a total of $1,000 back. The Cashback Match bonus means you’re effectively earning 10% back on rotating categories and 2% on all other purchases for the first year. Discover it Cash Back also has no annual fee and no foreign transaction fees. What’s more, Discover offers a handful of perks to its cardholders, including free identity theft protection alerts and special deals and discounts on travel, entertainment, fashion and more, and Discover it Cash Back is available to those with average to excellent credit (usually considered a credit score of 670 or higher).

Wells Fargo Cash Wise Visa Card

Best Credit Cards for Avoiding Interest on Holiday PurchasesIf you want to avoid rotating categories and interest for 1 year, the Wells Fargo Cash Wise Visa Card is for you. This card offers a 12-month 0% intro APR on purchases and balance transfers (with an intro 3% balance transfer fee for the first 12 months, then it’s 5%). Earning cash back is easy with the Wells Fargo Cash Wise Visa Card because you’ll earn an unlimited 1.5% cash rewards on all purchases — this means you don’t have to worry about category signups or quarterly maximums. Cardholders who use mobile wallets, like Android Pay or Apple Pay, to shop can make their season even brighter because the Wells Fargo Cash Wise Visa Card earns 1.8% cash rewards on mobile wallet purchases made during the first 12 months. In addition, when you spend $1,000 on purchases within the first 3 months, you’ll earn a $200 cash rewards bonus and Wells Fargo Cash Wise Visa Card holders will pay no annual fee. Lastly, this card requires good to excellent credit for approval. It should be noted that Chase also offers a similar credit card, called Chase Freedom Unlimited, with a 15-month 0% intro APR, unlimited 1.5% on all purchases and a $150 intro bonus opportunity.

Blue Cash Preferred Card from American Express

Best Credit Cards for Avoiding Interest on Holiday PurchasesPlanning to cook for the whole family and want to avoid interest on the hefty grocery bill? The Blue Cash Preferred Card from American Express (a NextAdvisor advertiser) is your best bet. That’s because this card not only offers a 12-month 0% intro APR on purchases and balance transfers (with a $5 or 3% balance transfer fee, whichever is greater), but it also earns a whopping 6% cash back at U.S. supermarkets (up to $6,000/year in purchases, then it’s 1% back), 3% back at U.S. gas stations and select U.S. department stores and 1% on all other purchases. And when you spend $1,000 on purchases within the first 3 months of account opening, you’ll get a $200 statement credit. Although the Blue Cash Preferred Card from American Express has a $95 annual fee, the card does earn some impressive cash back on everyday purchases, which means it could make sense for those who frequent the grocery store, gas station or department stores. Still, if you can’t get past the annual fee, you may want to look into its sister card, the Blue Cash Everyday Card from American Express, which earns comparable rewards, offers a $150 intro bonus opportunity and has no annual fee. Both cards are available to those with good to excellent credit.

Cards with the longest 0% intro APRs

If you’d prefer a card with a really long 0% intro APR on purchases and don’t mind missing out on cash back rewards, these cards are your best bet:

Citi Simplicity Card – No Late Fees Ever

Best Credit Cards for Avoiding Interest on Holiday PurchasesThe Citi Simplicity Card – No Late Fees Ever (a NextAdvisor advertiser) offers the longest 0% intro APR of all the cards we review, as cardholders will get an 18-month 0% intro APR on both purchases and balance transfers (with a 5% balance transfer fee, $5 minimum). This means you won’t pay any interest on your holiday purchases for one and a half years! On top of that, you’ll pay no annual fee, no late fees and no penalty APR, which means paying late won’t increase your APR. Cardholders will also receive monthly copies of their Equifax credit score for free. It should be noted that the Citi Simplicity Card – No Late Fees Ever requires good to excellent credit for approval.

Wells Fargo Platinum Visa Card

Best Credit Cards for Avoiding Interest on Holiday PurchasesThe Wells Fargo Platinum Visa Card allows you to avoid interest for over a year, as cardholders get an 15-month 0% intro APR on purchases and balance transfers (with an intro balance transfer fee of 3% for 15 months, then it’s 5%). This card, which requires good to excellent credit for approval, has no annual fee, and if you use the Wells Fargo Platinum Visa Card to pay your cell phone bill every month, Wells Fargo will give you up to $600 against covered damage or theft. Although this cell phone protection is subject to a $25 deductible, this amount is likely a lot cheaper than what you’d pay your cell phone provider for insurance, and all you have to do to get covered is pay your cell phone bill with your card.

The holiday season can be a financially stressful time, but it doesn’t have to be if you’re using one of the best credit cards for avoiding interest on your holiday purchases. Want to learn more about the cards detailed in this post? Check out our reviews of the best low APR credit cards to see what sets these cards apart from other top names on the market.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.