NEW YORK (TheStreet) -- August is the high season for back-to-school shopping, when parents are looking for ways to save some cash but not lose out on supplies a family needs once the school bell rings.
That’s where the right credit card -- one with good introductory offers, cash back on purchases and low fees -- comes in handy. Lucky for parents, MyRatePlan.com offers a strong list of credit cards meeting those qualifications and helping keep spending down for the coming school year.
Since the average U.S. family is expected to spend $669 on school supplies this year, according to the National Retail Federation, any way to save a few bucks should appeal to back-to-school shoppers. Here’s a glimpse of the cards the website rates the highest:
Discover It For Students: This card might especially be good for college students, as it offers a six month introductory deal with 0% APR on all purchases. That will buy consumers some time before paying interest on all the items on their back-to-school shopping list.
Card users can double their rewards at gas stations and restaurants with 2% cash back on up to $1,000 in combined purchases each quarter. They also always earn 1% cash back on all other purchases. Online shoppers can earn 5% to 20% cash back at 200 Web retail sites including the Apple Store, Macy's and BestBuy. The card also offers a free FICO score on all of their monthly statements.