The Best Credit Cards for Families
The best credit cards for families are those that offer a balance of features that are valuable to families, such as:
- High rewards rates on everyday spending, such as groceries, gas, and dining
- Travel benefits, such as points or miles that can be redeemed for flights, hotels, or other travel expenses
- Family-friendly perks, such as purchase protection, extended warranties, and travel insurance
- And no annual fees!
So, when choosing a credit card for your family, it's essential to consider your individual needs and spending habits. Make sure to compare the features of different cards to find one that offers the best value for you.
Some of the best credit cards, we've picked up for this list are:
The Disney Premier Visa credit card: Great for families who love to vacation
What's the Disney Premier Visa credit card? The Disney Premier Visa credit card is a co-branded credit card offered by Chase in partnership with Disney. The card is designed with special benefits and rewards for Disney fans and offers a variety of Disney-themed perks.
Features of the Disney Premier Visa Card can include:
- 2% cash back on purchases at gas stations, restaurants, and Disney locations
- 1% cash back on other purchases
- Save 5% off streaming movies and such at home through Hulu or subscriptions at Disney Plus
- $49 annual fee
- Earn a $300 statement credit
- Earning rewards on Disney purchases: Disney credit cards allow cardholders to earn rewards on purchases made at Disney stores, restaurants, Disney Cruise Lines, and resorts. These rewards can be redeemed for Disney gift cards, merchandise, or even tickets to Disney theme parks. Redeem rewards also in AMC theaters playing Disney movies.
- Annual gift card: Disney credit cardholders receive a free annual gift card that can be used at any Disney location.
- Travel insurance: Disney credit cards come with travel insurance that can help protect families against unexpected events, such as lost luggage or flight cancellations.
- Discounts on Disney vacations: Disney credit cardholders often receive discounts on Disney vacations, such as free nights at Disney resorts or discounts on park tickets.
- Access to special events: Disney credit cardholders may be eligible for access to special events, such as meet-and-greets with Disney characters or behind-the-scenes tours.
- Special Disney vacation trip financing: 6 months 0% APR on select Disney vacation packages.
- Complementary photos: When you have special photo ops cardmembers get complimentary downloads of your photos.
If you want fewer perks and no annual fee they also offer the Disney Visa Card.
Disney Visa Card
The Disney Visa Card is specifically tailored to Disney fans and offers various perks and benefits related to Disney purchases and experiences. However, it differs slightly from the Disney Premier Visa Card in its rewards structure and benefits.
Here are some key features of the Disney Visa Credit Card:
- Disney Rewards: Cardholders earn 1% in Disney Reward Dollars on all purchases. There's no limit to the amount of Disney Reward Dollars you can earn.
- Redeem Rewards at Disney: These Reward Dollars can be redeemed at most Disney locations, on Disney movies, Disney+ subscriptions, and more.
- Disney Perks: Just like the Disney Premier Visa Card, this card also offers special Disney perks, such as discounts on dining and merchandise at Disney locations, exclusive photo opportunities at Disney parks, and more.
- No Annual Fee: Unlike the Disney Premier Visa Card, the Disney Visa Credit Card does not have an annual fee.
Target Credit Cards: Good for saving families money in their weekly shopping
Target offers the Target RedCard Credit Card, which is designed to provide rewards and benefits for frequent Target shoppers.
- 5% off purchases at Target (including specialty gift cards)
- 2% back for restaurants and gas stations
- 1% on all other purchases
- More return time on purchases (this is great for busy families!)
- Purchase protection
- Extended warranty
- Travel Insurance
- Save 5% on Target.com same-day delivery
- 6 months of financing on purchases of $300, or more
- No annual fee
- Typically, they offer a cash-back sign-on bonus.
Amazon credit cards: Great option for families who shop online at Amazon often
Amazon partnered with Chase to offer two main credit cards: Amazon Rewards Visa Signature Card and Amazon Prime Rewards Visa Signature Card. However, the Amazon Rewards Visa Signature Card is more than enough for an average family.
Amazon Rewards Visa Signature Card
- 5% cash back on Amazon purchases
- 2% cash back at restaurants, gas stations, and drugstores
- 1% cash back on all other purchases
- Get an additional 5% - 15% rewards back on select promotional purchases
- No annual fee
- 0% introductory APR on purchases and balance transfers for 15 months
- Amazon Prime membership for cardholders and their family members
- Purchase protection and extended warranty
- Travel accident insurance
- No foreign transaction fees.
- Rental car insurance
- Lost luggage insurance
- Buy at Amazon and have another option to pay over time for 6, 12 & up to 24 months! This is great for large holiday purchases.
- Fraud protection
The Costco Anywhere Visa Card by Citi: Beneficial for gaining extended warranties on products
The Costco Anywhere Visa Card is a credit card offered by Costco in partnership with Citibank. This card provides a variety of cash back rewards, mainly geared towards frequent Costco shoppers and travelers. It offers:
- 4% cash back on eligible gas purchases and EV charging (for the first $7,000 per year, then 1%)
- 3% cash back on restaurants and eligible travel purchases
- 2% cash back on Costco and Costco.com purchases.
- 1% cash back on all other purchases
- No annual fee
- 90 days of return protection
- Your card doubles as your membership card making it easy so no need for your membership card too.
- Purchase protection
- Extended warranty
- Costco Shop Card as a sign-up bonus
- Car rental insurance
The Costco Anywhere Visa Card by Citi is a great way to save money on your Costco purchases and earn rewards on other purchases you make throughout the year.
Wrapping up
Choosing the best credit card for your family can make a significant difference in your financial management and can help you earn valuable rewards.
The options we've discussed, including the Disney Premier Visa credit card, Target RedCard, Amazon Rewards Visa Signature Card, and the Costco Anywhere Visa Card, each offer unique perks suited to different family needs and spending patterns.
Remember, the 'best' card isn't universally the same for everyone. It's all about finding a card that aligns with your family's lifestyle and expenditure. Consider your shopping habits, favorite retailers, travel frequency, and more when selecting the right card for you.
