Use the right card when shopping at local small businesses

Nov 30, 2019

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With Small Business Saturday in full swing, many shoppers are looking local when doing their holiday shopping today. Unfortunately, most rewards credit cards do not offer bonus rewards on local retailers. However, you can still earn points or cash back on these purchases by using the right credit card.

Here are a few of my top picks to use for small business shopping.

In This Post

Citi® Double Cash Card

With the Citi® Double Cash Card, you’ll earn 2% back on every purchase — 1% when you buy and 1% when you pay your bill each month. This is a great card to use when shopping local because you’re earning a flat rewards rate no matter where you shop. That means no matter the retailer, from your favorite clothing boutique to your favorite bakery, you’ll earn 2% back. Plus, the Citi Double Cash rewards can now be converted to ThankYou Points with an eligible linked account, so you can use your rewards as cash back or points.

Read our full Citi Double Cash Card review.

Chase Freedom Unlimited

(Photo by Isabelle Raphael / The Points Guy)
(Photo by Isabelle Raphael / The Points Guy)

The Chase Freedom Unlimited comes with unlimited 1.5% back on every purchase. While it’s not quite as high as the Citi Double Cash’s rewards rate, remember that you can convert Chase Freedom Unlimited rewards into Chase Ultimate Rewards points if you also have an eligible Chase card such as the Chase Sapphire Preferred Card. Chase UR points are worth 2 cents each, so you’ll end up with a 3% return on all spending, no matter where you decide to shop local.

Read our full Chase Freedom Unlimited review. 

Bank of America® Premium Rewards® Visa® Card

If you are an existing Bank of America customer with enough stashed with the bank to qualify for the Preferred Rewards program, it’s hard to beat the Premium Rewards Card‘s rewards structure. You’re earning 2x on travel and dining, plus 1.5x on everyday purchases. But Preferred Rewards members can get anywhere from 25% to 75% more in rewards based on what tier you qualify for. That means you could earn up to 2.62x on non-bonus spending, making it the highest earner on this list.

Read our full Bank of America Premium Rewards Card review. 

Bottom line

Shopping local, both during Small Business Saturday and throughout the year, is a great way to support local business owners and the local economy. According to data from the Amex 2018 Small Business Economic Impact Study, approximately 67 cents out of every dollar spent at local small businesses stays in the local community. Using the right card while you shop local could help your local economy while boosting your rewards earnings.

Featured photo by Rafa Elias / Getty Image

Chase Freedom Unlimited®

SIGN-UP BONUS: $150 after spending $500 on purchases in the first 3 months.


CARD HIGHLIGHTS: No annual fee + earn 1.5% cash back on all purchases

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • Earn unlimited 1.5% cash back on all purchases.
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.49 - 25.24%.
  • 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5.
  • No annual fee
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
Intro APR on Purchases
0% Intro APR on Purchases for 15 months
Regular APR
16.49% - 25.24% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit

Editorial Disclaimer: Opinions expressed here are the 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.