Along with more sleep and fewer dirty diapers, new parents need a stellar credit card to help them rack up serious rewards on all baby-related purchases. The Nerds can help you find a great credit card that meets your spending and rewards needs as a new parent. Here are our top three picks.
Citi® Double Cash Card – 18 month BT offer: High cash-back rewards on every purchaseCiti® Double Cash Card – 18 month BT offer. It offers 1% cash back when you make purchases and another 1% back when you pay them off. You can redeem rewards starting at $25 for check, statement credit or gift cards.
The Citi® Double Cash Card – 18 month BT offer has an annual fee of $0 and offers an introductory APR of 0% on Balance Transfers for 18 months, and then the ongoing APR of 15.74% - 25.74% Variable APR.
Blue Cash Preferred® Card from American Express: Extra rewards on everyday purchasesBlue Cash Preferred® Card from American Express. It offers 6% cash back at U.S. supermarkets, on up to $6,000 a year in spending (then 1%); 6% cash back on select U.S. streaming subscriptions; 3% cash back at U.S. gas stations and on transit; and 1% cash back on all other purchases. Terms Apply. Plus, there’s a good welcome bonus: $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months. Terms Apply.
The Blue Cash Preferred® Card from American Express has an annual fee of $95.
Discover it® Cash Back and Chase Freedom®: 5% back on rotating categories
If you spend in line with the bonus categories, a 5% card may be the best option for your growing family. Enter the Discover it® Cash Back and Chase Freedom®.Discover it® Cash Back offers 5% cash back in bonus categories that change every three months and that you have to activate, on up to $1,500 in spending per quarter, and 1% back on all other spending.
|Discover bonus rewards categories for 2019|
|Q1 (Jan. 1 – March 31)||Grocery stores|
|Q2 (April 1 – June 30)||• Gas stations
• Uber and Lyft
|Q3 (July 1 – Sept. 30)||• Restaurants
|Q4 (Oct. 1 – Dec. 31)||• Amazon.com
• Target (in store and online)
The Discover it® Cash Back has an annual fee of $0 and an introductory APR of 0% on Purchases and Balance Transfers for 14 months, and then the ongoing APR of 14.24% - 25.24% Variable APR.Chase Freedom® also offers 5% back on rotating quarterly bonus categories (up to $1,500 spent per quarter):
|Chase Freedom® bonus rewards categories for 2019|
|Q1 (Jan. 1 - March 31)||• Gas stations
|Q2 (April 1 - June 30)||• Home improvement stores
• Grocery stores
|Q3 (July 1 – Sept. 30)||• Gas stations
• Select streaming services
|Q4 (Oct. 1 – Dec. 31)||"Holiday" — TBD
(In 2018: Department stores, wholesale clubs, Chase Pay)
You’ll receive 1% rewards on all other spending. There’s also a sweet sign-up bonus: Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
The Chase Freedom® has an annual fee of $0 and a 0% on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 17.24% - 25.99% Variable APR.