This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Update: Some offers mentioned below are no longer available – Platinum Delta SkyMiles® Credit Card from American ExpressUnited MileagePlus Explorer Card

With the holiday season upon us, we typically see increased spending on gifts for friends and family members, and for many readers, much more swiping of your travel rewards credit cards. However, not every card is created equal when it comes to your holiday purchases, so today I want to highlight some key things to look for as you’re deciding which card to use in the coming weeks.

1. Price Protection

One of the first factors that can influence this decision is price protection. At its simplest, a card with this benefit allows you to obtain a refund of the price difference if an eligible item you purchased on the card drops in price within a set time frame. Probably the most well-known of these programs is Citi’s Price Rewind. This perk is included on just about any Citi-issued card, including the Citi Prestige Card and the Citi Double Cash Card. The great thing is that when you register your purchase, Citi will automatically look for lower prices within the first 60 days (though you also have the ability to manually file a claim if you find the item advertised at a lower price). However, you’re limited to $500 per item and $2,500 per year.

Citi isn’t the only card issuer to offer this type of program; Chase also offers price protection on both the Chase Sapphire Reserve and the Chase Sapphire Preferred Card. Both of these cards have the same limits as Citi’s Price Rewind ($500 per item and $2,500 per year), but you actually have a 90-day window of time to find the item advertised at a lower price. Just keep in mind that all of these programs have many restrictions, so be sure to read the fine print if you think you have a valid claim to make sure the item you purchased is eligible.

2. Calendar-Year Bonus

British Airways business class featured
If you’re close to earning a British Airways Travel Together ticket, that card could be a good option for your holiday purchases.

Another thing to look for in a travel rewards credit card when it comes to your holiday purchases is whether or not it offers a calendar-year bonus for spending a certain amount of money on the card. Since we’re approaching the end of the year, you may find yourself in the neighborhood of reaching the spending threshold to earn the bonus. Here are a couple of examples:

  • British Airways Visa Signature Card: When you spend $30,000 on the card in a calendar year, you’ll earn a Travel Together Ticket, which is basically a buy 1, get 1 free award ticket (though you’ll still need to pay the carrier’s absurd taxes and fees).
  • Platinum Delta SkyMiles Credit Card from American Express: When you spend $25,000 on the card in a calendar year, you’ll earn 10,000 bonus miles and 10,000 Medallion Qualification Miles (MQMs). When you reach $50,000, you’ll earn another 10,000 miles and 10,000 MQMs. These miles can go a long way toward helping qualify for Medallion elite status and will also help you avoid the carrier’s revenue-based requirements — up to Platinum status, that is — you’ll need to spend a whopping $250,000 to waive the MQD requirement for top-tier Diamond status.
  • United MileagePlus Explorer Card: When you spend $25,000 on the card in a calendar year, you’ll earn 10,000 bonus miles (worth $150 based on TPG’s most recent valuations).

If you’re closing in on one of these bonuses, it could make a lot of sense to use that card for your purchases to ensure that you hit the given spending threshold before December 31.

3. Bonus Points

The Chase Freedom is a great option for holiday purchases at department stores thanks to its 5% bonus.

Of course, it’s also essential that you pay attention to category bonuses across various merchants and make sure you’re using the card that offers the best return on your spending. For example, the Chase Freedom is currently offering 5% cash back at Walmart and department stores, the latter of which is especially appealing for holiday gift purchases. This may not seem like a fantastic bonus, but if you pair the card with a premium Ultimate Rewards-earning card (like the Chase Sapphire Preferred Card or the Chase Sapphire Reserve), you can actually convert cash back into full Ultimate Rewards points, opening up the ability to transfer them to valuable partners like United and Hyatt.

You’ll also want to consider using a card on which you’re working toward a welcome bonus. The vast majority of cards offer these bonuses by spending a certain amount of money within a set time frame, so if time’s running out for a new card in your wallet, holiday purchases can be a great way to boost your spending and make sure to snag the bonus.

4. Purchase and Return Protection

amex platinum gold featured
The higher-end Amex cards offer great purchase protection, giving you (and the recipient of your gift) some nice peace of mind.

A much less glamorous benefit offered on many cards is purchase protection (different than price protection mentioned above). If you purchase an eligible item using your card that is then accidentally damaged, lost or stolen within a specified time frame after purchase (generally 90 days), you’ll be covered for a replacement. One particularly good option here is the Premier Rewards Gold Card from American Express, as the card upped its coverage tenfold (from $1,000 to $10,000 per item) a few years ago. However, there are many other cards out there with this coverage as well.

A somewhat related benefit is return protection, another perk offered on many different cards. This protects you when a merchant won’t accept a return of an eligible item within a specified time frame after purchase (again, typically 90 days). Once again, you’ll see this offered on most cards out there.

5. Extended Warranty

Another common perk on travel rewards credit cards is extended warranty protection. In essence, this will add an additional year onto the published manufacturer’s warranty for an eligible item when you purchase it using a qualifying card. I’ve found that most manufacturers will set the length of their warranties to minimize the risk of anything going wrong, so of course the issues tend to come up in the year after the initial warranty has expired. If you use a covered card (like the Platinum Card from American Express), you’ll have that extra year in which to get reimbursed for any issues that you may encounter with the item.

Final Consideration

In addition to ensuring that you’re using the right credit cards, it’s critical that you go through an online shopping portal to maximize your earnings. This could be a simple cash-back platform like Ebates, but you also can choose from others like Alaska Mileage Plan Shopping. The best thing about these portals is that you don’t have to use a specific card for the purchases. This ensures that you can still take advantage of any one (or more) of the above benefits and double-dip with another program. My favorite site for deciding which portal to use is, as it will compare the earning rates for a given merchant across a variety of different shopping portals.

Bottom Line

There are many factors that can influence which credit card you use for which purchase, and the holidays are no exception. With so many gifts to give out to friends and family members, you have some serious potential to earn bonus points and make sure that you’re protected if something goes wrong (like a dead computer a month after the manufacturer’s warranty expired). Hopefully this post has given you some suggestions on what to look for in a credit card when you’re plotting your upcoming holiday purchases!

Featured photo by @ninaidea via Twenty20

The Platinum Card® from American Express

The American Express Platinum card has some of the best perks out there: cardholders enjoy the best domestic lounge access (Delta SkyClubs, Centurion Lounges, and Priority Pass), a $200 annual airline fee credit as well as up to $200 in Uber credits, and mid-tier elite status at SPG, Marriott, and Hilton. Combined with the 60,000 point welcome offer -- worth $1,140 based on TPG's valuations -- this card is a no-brainer for frequent travelers. Here are 5 reasons you should consider this card, as well as how you can figure out if the $550 annual fee makes sense for you.

Apply Now
More Things to Know
  • Earn 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
  • Up to $200 for Uber rides annually. Credit and Uber VIP status available to Basic Card Member only.
  • 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5X Membership Rewards® points on eligible hotels booked on
  • As a Platinum Card Member, you can enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn More.
  • $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $550 annual fee.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
Regular APR
Annual Fee
Balance Transfer Fee
See Terms
Recommended Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.