6 tips for saving on back-to-school shopping with credit cards

John Egan
Written by
John Egan
Why you should trust CardRatings
6 tips for saving on back-to-school shopping with credit cards
Terms apply; see the online credit card application for full terms and conditions of offers and rewards.

Back-to-school shopping generates billions of dollars in spending each year on clothes, school supplies, electronic devices and more, whether it’s online or in stores.

So, given the massive sums of money earmarked for back-to-school shopping, how can you responsibly put back-to-school spending on a credit card?

Of course, the most important rule here is simple enough for a sixth-grader: Don’t overspend. Otherwise, you could end up with a pile of debt and a pile of interest charges — unless you pay off your balances in full when the bills arrive.

Here are six tips for making the grade when it comes to smart back-to-school shopping with credit cards.

1. Create a shopping list

Just as you might do when you’re shopping for groceries, put together a shopping list for back-to-school items. This can help you avoid buying more than what you and your kids actually need.

2. Establish a budget

Along with a shopping list, set up a back-to-school budget.

Research from consulting giant Deloitte shows parents planned to spend $597 per child on back-to-school shopping in 2023. You might use this figure as a guidepost for setting your own back-to-school budget, keeping in mind that your shopping needs may require more or less spending.

3. Look for bargains

Deloitte notes that the prices of school supplies have climbed 23.7% in the past two years amid high inflation, further driving shoppers’ desire to find deals. You can hunt for bargains by:

4. Buy in bulk

Especially if you’ve got a big family, buying things in bulk — such as crayons, pencils and notebooks — might help reduce your back-to-school spending.

When you buy in bulk at stores like Costco and Sam’s Club, you typically spend less per unit (such as per ounce or per pound) than you would at other stores. However, buying in bulk demands a bigger financial commitment upfront, meaning you’ll realize savings over time. Remember to buy only those items that you’re sure you’ll use.

5. Rely on credit cards with 0% APR introductory offers

Some credit cards provide 0% APR for purchases within a certain period, such as 12 or 15 months, after opening an account. If you’re able to qualify for one of these offers and then pay off your balance before the regular APR kicks in, you might save hundreds of dollars in interest charges.

The CardName, for instance, offers IntroAPRRate and on balance transfers made within the first 60 days (then RegAPR). A 3% intro balance transfer fee will apply for the first 60 days your account is open; after that the fee for future balance transfers is 4%. In other words, you have over a year to pay off a purchase before being hit with interest charges.

6. Use credit cards that supply benefits

If finances are tight the right credit card can help offer you potential savings. Here are five credit cards that might put you at the head of the class for your back-to-school shopping needs.

Capital One Walmart Rewards Mastercard

In a 2023 back-to-school survey by commercial real estate company JLL, parents identified Walmart as their No. 1 go-to store for shopping. So, it would make sense to put the Capital One Walmart Rewards Mastercard in the back-to-school mix.

This card offers:

  • 5% cash back on purchases from Walmart.com
  • 2% cash back on purchases from Walmart stores and gas stations, along with restaurant and travel purchases
  • 1% on all other purchases where Mastercard is accepted

Target RedCard (Mastercard)

In the JLL survey, Target came in second among the favorite back-to-school retailers. Therefore, you may want to put the Target RedCard on your credit card shopping list as well if Target is your shopping destination of choice.

The card offers:

  • 5% savings on purchases at Target stores and Target.com
  • 2% cash back on dining and gas purchases
  • 1% cash back on other purchases where Mastercard is accepted

Amazon Prime Visa

Amazon landed at No. 3 on the JLL back-to-school list. As such, it might pay off to take a look at the Amazon CardName card, especially if you prefer to do most of your shopping online.

The card offers:

  • 10% back or more on a rotating selection of items and categories on Amazon.com with an eligible Prime membership
  • Unlimited 5% cash back at Amazon.com with an eligible Prime membership
  • Unlimited 5% cash back at Whole Foods Market online or in store with an eligible Prime membership
  • Unlimited 5% cash back at Amazon Fresh online or in store with an eligible Prime membership
  • Unlimited 5% cash back on Chase Travel purchases with an eligible Prime membership
  • Unlimited 2% cash back at gas stations
  • Unlimited 2% cash back at restaurants (dine-in or takeout meals)
  • Unlimited 2% back on local transit and commuting, including rideshare trips
  • Unlimited 1% back on all other purchases where Visa is accepted
  • CardName

    If you don’t mind tracking rewards categories, the CardName may be an attractive option. The card provides 5% on purchases in different categories each quarter. On top of that, new cardholders can look forward to an unlimited dollar-for-dollar match of all cash back earned at the end of the first year.

    The card offers:

    • 5% cash back on purchases at different places each quarter, such as  grocery stores, restaurants and gas stations, up to the quarterly maximum when you activate
    • Unlimited 1% cash back on all other purchases-automatically


    The CardName provides all-around versatility for back-to-school shopping, particularly because you aren’t required to choose and track rewards categories. Cash back is earned in the form of ThankYou® points. Citi is a CardRatings advertiser.

    The card offers:

    • 1% cash back when you make purchases
    • 1% cash back as you pay for purchases (minimum due must be paid on time)
    • 0% introductory APR on balance transfers for 18 months (then RegAPR)
    John Egan
    Cardratings Contributor

    John Egan is a content creator and content marketing strategist in Austin, Texas. His specialties include personal finance, real estate, and health and wellness. John’s work has been published by outlets such as CreditCards.com, Bankrate, Forbes Advisor, Experian, Capital One, The Balance and U.S. News...Read more

    Featured Partner Cards:


    The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

    This content is not provided by any company mentioned in this article. Any opinions, analyses, reviews or recommendations expressed here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any such company. CardRatings.com does not review every company or every offer available on the market.