Brooklyn, NY (PRWEB) December 11, 2006
More consumers than ever are planning to use credit cards as the preferred payment method for holiday gift purchases this year according to a survey by Credit-Land.com.
Credit-Land.com, the consumer's watchdog for credit card deals, analyzed and ranked credit cards to identify credit cards that offer the best consumer value for holiday shopping. Ranking formula is based on the combination of credit card benefits, cost of credit card use and consumer protection features offered by credit cards for holiday shopping season.
Based on the objective criteria outlined above, Credit-Land.com is pleased to announce the top 5 credit cards for holiday shopping are as follows:
Discover® Card Platinum - is a 2006 Holiday Shopping Credit Card of the Year winner for gift givers nationwide. With generous cash back of up to 5%, $0 fraud liability guarantee, generous 25 day grace period, and no annual fee, it's a great choice for holiday shopping bonanza. Low interest rate, including 0% introductory rate and reasonable late fees of $15 for balances under $500 make it this year's winner.
Chase Bank Platinum Visa® - took a respectable second place in 2006 Credit Cards for Holiday Shopping ranking. Chase Platinum Visa offers no annual fee, generous Flexible Rewards Program that offers points for every dollar spent that are redeemable for merchandize and hard cold cash. Auto rental collision insurance is a great money saver for holiday travel.
Blue from American Express - is a great choice for holiday shopping. It offers no annual fee, and low APR. Give gifts and earn some for yourself with generous rewards program offered by Blue Card from American Express. Points are redeemable for travel, widest selection of merchandize from major retailers and gift cards.
Capital One No Hassle Cash Rewards Visa - is a great choice for holiday travel and shopping. It offers 1% cash back on all purchases, and 2% on gas purchases. It offers generous travel insurance, no annual fee and a reasonable interest rate.
First PREMIER Bank MasterCard® - is a great choice for Americans with poor credit history who are trying to rebuild their credit history. It offers the lowest total cost of ownership among the credit card offerings for individuals with less than stellar credit. Generous 25 day grace period on purchases with low 9.99% APR and one of the most reasonable late fees on the market ($25) make it a card of choice for those who do not qualify for a credit card otherwise.
Additional details are available at:
Credit-Land.com encourages wise use of credit cards during holiday shopping. Credit cards offer numerous benefits including credit card rewards programs, convenience and consumer protection.
Credit-Land.com is committed to consumer education. Holiday shoppers are advised to make their credit card payments on-time to avoid late fees and finance charges.
You can learn more about wise use of credit cards by visiting Credit-Land.com Personal Finance Library: http://www.credit-land.com/education/
Credit-Land.com is consumer credit education provider offering a best-in-kind credit card watch service with ranking of credit cards based on consumer needs.
For more information, visit: http://www.credit-land.com
Name: Gary Ratinetz
Company: Acclaim Network
Position: Manager - Public Relations
E-mail: garyr @ acclaimnetwork.com