As the holiday shopping frenzy ramps up, credit card issuers are rushing to entice consumers with rewards and perks that appear to come straight from Santa himself. Some deals currently offered include:
Walmart credit cards defer holiday interest
Walmart has announced on its website that any purchases made on its credit card or the Walmart Discover card during November and December will defer interest on those purchases for six months. Monthly payments are still required and the balance of those purchases must be paid off within the six months or else interest will be charged retroactively. GE Capital Retail Bank is the issuer of Walmart's credit cards.
Chase offers discounts, reward points
Chase Freedom, Chase Sapphire or Ink from Chase credit card holders get a little something extra in their stockings, according to a press release. Now through Dec. 12, those card holders who shop online through the company's Ultimate Reward website can earn up to 10 extra reward points for every dollar spent.
In another promotion, Chase Freedom card holders can get a discount of 10 percent to 20 percent when they buy certain gift cards through Jan. 4. Through Dec. 31, Chase Freedom card holders can also earn 5 percent cash back on a maximum of $1,500 spent in quarterly rotating purchase categories subject to enrollment.
A present for college students
For parents with kids heading to college, Upromise is offering a major gift. Bank of America's Upromise World MasterCard is offering credit card holders a chance to earn an additional 11 percent cash back award for college when they shop through the Upromise site through Dec. 31. The promotion is on top of the discounts Upromise already gives card holders from designated retailers, the company announced.
Consumers should be sure to read and understand the full terms of their credit card agreements.