What time of year are the best credit card offers? This question is about Best Credit Cards of 2024

Ad Disclosure Ad Disclosure

What time of year are the best credit card offers?

Report Abuse

This question is about Best Credit Cards of 2024

see this user

Adam McCann, Financial Writer

@adam_mcan • 11/09/22

Permalink Report Abuse

The best time of year for credit card offers is the fourth quarter of the year, October through December. During most years in the past decade, the average credit card bonus has been highest in the fourth quarter, and the second half of the year has historically been better than the first half. One reason why this could be the case is that the end of the year includes the holiday shopping season, so credit card companies want to entice people to spend more by offering lucrative initial bonuses, as well as introductory 0% APRs.

It's worth noting, though, that the general trend for credit card offers is to increase over time. For example, the average cash back credit card bonus increased by 266% between the fourth quarter of 2011 and the fourth quarter of 2021. That’s good news for people who like to take advantage of a great credit card deal each year.

Finally, remember that good credit card offers – whether for regular rewards, initial bonuses, 0% introductory APRs or supplemental perks – can appear at any time of the year. Issuers may be more likely to debut their best offers during the fourth quarter of the year, but many offers stick around for months or even years after they’re introduced.

This answer was first published on 11/09/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

What time of the month is best to apply for a credit card?

What are the 3 best credit cards to have?

The 3 best credit cards to have are the Wells Fargo Active Cash® Card, the Chase Sapphire Preferred® Card, and the Wells Fargo Reflect® Card. Having these cards in your wallet gives you access to great cash back rewards, a big initial bonus, travel rewards and 0% financing.

Top 3 Credit Cards of April 2024

Wells Fargo Active Cash® Card: Best for Cash Back
Chase Sapphire Preferred® Card: Best Initial Bonus
Wells Fargo Reflect® Card: Best for 0% APR

Of these three cards, the best all-around option is...

read full answer

How many credit cards is too many?

Too many credit cards might for most people could be six or more, given that the average American has a total of five credit cards. Everyone should have at least one credit card for credit-building purposes, even if they don’t use it to make purchases, but the exact number of cards you should have differs by person. It depends on how well you can manage one credit card, then two, and so on.

If you’re not sure how many credit cards is too many...

read full answer

Did we answer your question?

Important Disclosures

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.