{"id":7753,"date":"2024-08-08T03:19:40","date_gmt":"2024-08-08T03:19:40","guid":{"rendered":"https:\/\/travelaffiliatewebsite.com\/mer\/what-credit-cards-should-you-use-to-purchase-gift-cards\/"},"modified":"2024-08-08T03:19:40","modified_gmt":"2024-08-08T03:19:40","slug":"what-credit-cards-should-you-use-to-purchase-gift-cards","status":"publish","type":"post","link":"https:\/\/travelaffiliatewebsite.com\/mer\/what-credit-cards-should-you-use-to-purchase-gift-cards\/","title":{"rendered":"What credit cards should you use to purchase gift cards?"},"content":{"rendered":"

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While it’s rarely a good idea to redeem your credit card rewards to buy a gift card, you should maximize your purchases by paying for them with the right credit card.<\/p>\n

Luckily, plenty of cards offer bonus rewards at places like gas stations<\/a>, grocery stores<\/a> and office supply stores that sell gift cards to just about anywhere. Here are some of our favorites.<\/p>\n

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Best cards for purchasing gift cards<\/h2>\n

Each of these cards comes from a different issuer, so regardless of where your issuer preferences lay you should be able to find the right pick for you.<\/p>\n

Let’s see how these cards compare.<\/p>\n

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Comparing the best cards for gift cards<\/h2>\n
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\n\n\n\n\n\n\n\n\n
Card<\/strong><\/th>\nCategory bonus on merchants that sell gift cards<\/strong><\/th>\nReturn on spend (based on TPG’s August 2024 valuations<\/a>)<\/strong><\/th>\nWelcome bonus<\/strong><\/th>\n<\/tr>\n<\/thead>\n
Ink Business Cash Credit Card<\/strong><\/td>\n5% cash back (or 5 points per dollar) on the first $25,000 in spend at office supply stores each account anniversary year<\/td>\n5%-10.25%<\/td>\nEarn $350 after spending $3,000 on purchases in the first 3 months your account is open. Plus, earn an additional $400 after spending $6,000 on purchases in the first 6 months after account opening.<\/td>\n<\/tr>\n
American Express Gold Card<\/strong><\/td>\n4 points per dollar on up to $25,000 per calendar year at U.S. supermarkets; then 1 point per dollar<\/td>\n8%<\/td>\nEarn 60,000 bonus points after spending $6,000 on eligible purchases with your new card within the first six months. Plus, receive 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months (up to $100 back). Offer ends 11\/6. Terms apply.<\/td>\n<\/tr>\n
Bank of America Customized Cash Rewards credit card<\/strong><\/td>\n3% cash back on the first $2,500 per quarter in combined purchases in the category of your choosing (then 1%)<\/td>\n3%<\/td>\nEarn a $200 cash bonus after spending $1,000 in purchases in the first 90 days of account opening.<\/td>\n<\/tr>\n
Costco Anywhere Visa Card by Citi\u00a0<\/strong><\/td>\n4% cash back on the first $7,000 spent on eligible gas per year, then 1%; 2% on all other Costco purchases.<\/td>\n2%-4%<\/td>\nN\/A<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

Let’s take a deeper look at the details of each of our top picks.<\/p>\n

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Ink Business Cash<\/h2>\n

If your small business wants to purchase gift cards for employee gifts, purchasing them with the Ink Business Cash<\/a> is a good idea.<\/p>\n

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