10 Best Credit Cards for Shopping in August 2022

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10 Best Credit Cards for Shopping in August 2022

10 Best Credit Cards for Shopping in August 2022

For many people, their credit card might be their preferred method of shopping. Credit cards are convenient, and they’ll work just about anywhere, with a few exceptions. But the fact is: that there are so many credit cards out there that it can be hard to keep track of everything at once. And this is especially true when you’re trying to find the best credit card for your use case or need, be that travel-related or something else.

That’s why this post will provide the ten best credit cards for shopping on August 22nd, 2022! If you’ve never used a credit card before, don’t worry — we’ll give you the low-down on what each one does and what makes them unique. With that said, it’s time to get to it!

First, let’s look at each card and break down what they do and why they’re a good fit for you. Then we’ll move on to some comparisons with other cards, so you can make an informed decision when revising your list.

Ten best credit cards for shopping in august 2022

American Express Centurion Black

The American Express Centurion Black provides the most for your money. The Black Card has no annual fee and comes with up to a 50,000-point sign-up bonus and a $150 statement credit every year you spend $10,000 on the card. The perks go down to in-store experience benefits, like complimentary concierge support.

It might be challenging to get that last 10k spending with American Express due to their low cap on point earning through transactions (5,000 points per month), but it’s still worth going for. The card even comes with rewards shopping portals for different categories such as restaurants or online shopping, which can help you get into some extra points. 

Many loyalty program members have given the card high ratings for its perks. In addition, the Black Card has a pretty solid track record of being used as a primary card, so keeping at least one card like this in your wallet would be worthwhile. It also seems to be a popular choice among those looking for the exclusive sign-on bonus and spending big on their cards.

This card also comes with fine dining and entertainment experiences and discounts on things like local car services or private jets. Plus, there are many hotel benefits for Centurion members available in over 100 cities worldwide (such as room upgrades and late checkout).

Chase Sapphire Reserve

The Chase Sapphire Reserve is a solid choice, and it’s pretty similar to the American Express Centurion Black. The main difference is that the Chase Sapphire has an annual fee of $450 but comes with a 50,000 point sign-up bonus and 2 points per dollar you spend on travel and dining. That’s a little higher than the Amex, but not by much. 

The Chase Sapphire Reserve is a solid choice, and it’s pretty similar to the American Express Centurion Black. The main difference is that the Chase Sapphire has an annual fee of $450 but comes with a 50,000 point sign-up bonus and 2 points per dollar you spend on travel and dining. That’s a little higher than the Amex, but not by much. 

Chase also offers further benefits such as Priority Pass Select, which gives you access to over 700 airport lounges worldwide for $29/year, worth its weight in gold in the long run (~3 years).

Chase Sapphire Preferred

The Chase Sapphire Preferred is a good option if you value the conveniences of a credit card, as it comes with a $95 annual fee and offers added benefits such as an extended warranty, travel accident insurance, and purchase protection.

Suppose you are looking for more of an award-earning capability in your credit card. In that case, the Chase Sapphire Preferred is excellent. With this card, you can transfer points to airline partners and even get bonuses when spending money on specific categories through the rewards portal. 

Also, you can get an annual bonus of up to $300 in bonus points or an additional point per dollar spent on dining out and travel through their shopping portal. The one downside to the Chase Sapphire Preferred is that it has a 30,000-point maximum for the sign-up bonus so you won’t be getting the total 50,000 points sign-up bonus with this card.

Fidelity Rewards Visa Signature

The Fidelity Rewards Visa Signature is a relatively new addition to the credit card market. It was launched in 2017 and offered several valuable benefits, such as an extended warranty and travel accident insurance. The annual fee of $49 is pretty reasonable, considering all the perks that come with it. In addition, there are now even more bonuses available on this card than in previous years.

You can transfer points to various airline partners, save on your travel expenses with airfare and vacation credits, get 6% cashback on gas purchases and enjoy complimentary concierge services through their portal. While the card itself requires at least one year of membership to be eligible for some benefits, you can get your first year free which is an excellent way to test out all the benefits of this card.

Capital One VentureOne Rewards Credit Card

The Capital One VentureOne Rewards Credit Card has no annual fee and comes with a 50% bonus on the first $1,000 spent in a new calendar year.

One of the things that makes this card stand out is that it has several perks, from online shopping portals to car rental benefits — other cards do not offer these.

Chase Freedom Unlimited

The Chase Freedom Unlimited Card is our number one ranked Credit card for shopping in August 2022. This card is great because it offers a $0 annual fee, a 1.5% cashback rate on all purchases, and 5% points on all dining and travel purchases. On top of all of that, there is no foreign transaction fee with this card.

Use as many of your other cards as you can to earn more points. Then use your new credit card every time you shop to get the total rewards possible! The Chase Freedom Unlimited Card is one of our favorite cards for earning rewards because it gives you 5% back on every purchase in the form of cashback. 

If you don’t want to earn these extra rewards from using your other cards, there’s still the 1.5% cash back you can use on anything else.

You’ll earn a $150 bonus cash when you spend $500 within the first three months of having your credit card. This could be used to help buy any of many things during the holidays, or it could be used for travel. 

Capital One – Spark Miles for Business

The Capital One Spark Miles for Business Credit Card shouldn’t be overlooked. It offers a good rewards program that is easy to understand and use. 

The downside to this card is that it doesn’t offer any special features, such as airport lounges. Still, it does provide an excellent earning rate on all purchases. This card has no annual fee, and you’ll earn 1 mile per dollar spent on everything you purchase with the card. In addition, the Capital One team invites you to learn about their unique rewards program, Spark Miles for Business. 

As a point of clarification, “Spark Miles” refers to the MileagePlus awards from several airlines that partner with Capital One. These airline rewards can be redeemed as long as you save them for redemption. That is how they get their name! You will also receive points when your savings total up to $250 or more in a given month.

The best part is that these miles can be redeemed for a wide range of Capital One branded rewards, including travel, gift cards, and more.

Visa Gift Card

If you know someone who tends to shop or make online purchases through third-party sources like PayPal, then the Visa Gift Card may be the credit card of choice for them in August 2022. This card offers a rewards program similar to many other cash-back reward cards. Still, it has a few extra benefits that make this card stand out. 

One of the most significant benefits of the Visa Gift Card is its lack of fees. It’s never issued any fees, making it an excellent choice for those who don’t want to pay an annual fee. Another plus of the Visa Gift Card is how easy it is to earn your rewards. You’ll earn 1% cashback on every purchase you make with your card, plus you’ll get special access to free events from popular brands and retailers. 

Visa Gift Cards can hold up to $500 on most of them, but some are a bit smaller than that. For example, some are only $50, while others can go as large as $1000. Visa Gift Card sales increase during the holiday season when people tend to buy Christmas gift ideas for friends, family members, and even childhood friends.

By increasing your buying power, you can get more for your purchases and greater flexibility in where you spend them. One reason that Visa is one of the most popular gift cards globally is that it has never been revoked from anyone. However, many people have had their credit card numbers stolen and then sold to a third party, which places a block on the person’s bank accounts, much like what happens with debit cards.

Amazon Prime Rewards Visa 

It offers 3% cashback on all Amazon and Whole Foods purchases and 2% cashback at restaurants, gas stations, and drug stores (1% everywhere else). There is no annual fee and passing the $3k mark gives you a $70 Amazon gift card.

The card also comes with free Fido/Bell Mobility cell phone service and a free year of Amazon Music Unlimited. No foreign transaction fees.

The Amazon Prime Rewards Card is a cashback credit card that earns you 2% cashback on every purchase at restaurants, gas stations, and drugstores and 3% on every purchase from Amazon and Whole Foods. You won’t earn any cashback on purchases outside of these categories. The welcome bonus for the card is an Amazon gift card worth $70 when you spend $3,000 within your first three months of having the card.

Wells Fargo Active Cash Card

It is the best credit card for shoppers. It offers cashback on purchases and can be used to pay bills online and in stores. In addition, it has no annual fees and no foreign transaction fees. Wells Fargo also works with a few shopping portals that can help you earn more money, including Swagbucks, ShopAtHome.com, Ebates, and Redbuxx.”

Wells Fargo has created a credit card that rewards every purchase and cashback on purchases made outside of the US. All it takes is $25 to get started with this card. It might not seem like much, but it could go towards a new kitchen appliance or saving up for your next big adventure!

The Active Cash Card can be applied online or in person at any Wells Fargo location. It could be a great card to add to your wallet or a temporary replacement until your other credit cards come back due to the cash rebate rewards program. It’s up to you, but either way.

There are no annual or convenience fees required to use the Active Cash Card. You’ll also be able to earn rewards on every purchase you make with no limits. The only thing you’ll need to do is pay your monthly balance in full, just like any other credit card. If you don’t, you may pay the interest due from the day you pay your balance down. Wells Fargo has a risk-free way of giving out credit cards – they know that most people can’t pass up on free cash!