Top Credit Cards for Moving: Finding the Best Rates for Your Expenses
Top Credit Cards for Moving: Finding the Best Rates for Your Expenses
Moving to a new home can be an exciting, yet stressful time. In addition to the logistical challenges of packing and unpacking, there are often significant expenses associated with moving. From hiring a moving company to purchasing new furniture, the costs can quickly add up. That’s where credit cards can come in handy. By choosing the right credit card for your moving expenses, you can take advantage of rewards, cash back, and other benefits that can help offset the costs of your move. In this article, we’ll explore the top credit cards for moving and how to find the best rates for your expenses.
1. Chase Freedom Unlimited
The Chase Freedom Unlimited card is a great option for those looking to earn cash back on their moving expenses. With this card, you’ll earn 1.5% cash back on all purchases, making it easy to rack up rewards as you buy moving supplies and pay for moving services. In addition, the card offers a generous sign-up bonus for new cardholders, as well as a 0% introductory APR on purchases for the first 15 months. This can be especially helpful if you need to spread out the cost of your move over several months.
2. Citi Double Cash Card
If you prefer earning cash back on your purchases, the Citi Double Cash Card is another top choice for moving expenses. With this card, you’ll earn 2% cash back on all purchases – 1% when you make a purchase and an additional 1% when you pay it off. This can add up quickly as you use the card for everything from hiring movers to buying packing materials. The card also offers a 0% introductory APR on balance transfers for the first 18 months, making it a good option if you have existing credit card debt that you’d like to transfer.
3. American Express Blue Cash Preferred
For those who prefer earning rewards points, the American Express Blue Cash Preferred card is a top choice for moving expenses. With this card, you’ll earn 6% cash back on purchases at U.S. supermarkets (up to $6,000 per year), 6% cash back on select U.S. streaming services, 3% cash back on transit and gas, and 1% cash back on all other purchases. This can be especially advantageous if you plan to do a lot of shopping for household items and groceries as you settle into your new home. The card also offers a generous welcome bonus for new cardholders, as well as a 0% introductory APR on purchases for the first 12 months.
4. Discover it Cash Back
If you’re looking for a flexible cash back card for your moving expenses, the Discover it Cash Back card is a solid choice. With this card, you’ll earn 5% cash back on rotating categories each quarter (up to $1,500 in purchases), as well as 1% cash back on all other purchases. The rotating categories often include popular retailers and online stores, making it easy to earn cash back on items you need for your move. The card also offers a cash back match for the first year, doubling the rewards you earn during that time.
5. Capital One Quicksilver
The Capital One Quicksilver card is a straightforward cash back card that offers 1.5% cash back on all purchases. This can be a great choice for those who want a simple rewards structure without having to worry about rotating categories or spending caps. The card also has no annual fee and no foreign transaction fees, making it a good option for those who plan to use their credit card for moving expenses both domestically and abroad.
Tips for Finding the Best Rates for Your Moving Expenses
When choosing a credit card for your moving expenses, it’s important to consider the interest rates, fees, rewards, and benefits that each card offers. Here are some tips for finding the best rates for your moving expenses:
– Compare interest rates: Look for credit cards with low or 0% introductory APR offers on purchases. This can help you save money on interest charges as you pay for your moving expenses over time.
– Consider rewards and benefits: Choose a credit card that offers rewards or cash back on purchases, as well as additional benefits such as travel insurance, purchase protection, and extended warranty coverage. These perks can help offset the costs of your move and provide added value.
– Look for sign-up bonuses: Many credit cards offer generous sign-up bonuses for new cardholders, such as cash back, rewards points, or statement credits. Take advantage of these offers to maximize the benefits of your new credit card.
– Avoid annual fees: While some credit cards offer valuable rewards and benefits, they may come with annual fees that can eat into your savings. Look for credit cards with no annual fees or fees that are offset by the rewards you earn.
– Pay your balance in full: To avoid accruing interest charges on your moving expenses, try to pay off your credit card balance in full each month. This will help you avoid carrying a balance and paying unnecessary fees.
In conclusion, choosing the right credit card for your moving expenses can help you save money, earn rewards, and enjoy additional benefits. By comparing interest rates, rewards, and fees, you can find a credit card that meets your needs and helps make your move a little less stressful. Consider the top credit cards for moving mentioned in this article and follow the tips for finding the best rates for your expenses. Happy moving!
