Home > Credit Card Reviews > 5 Credit Cards to Help You Build Your Baby’s Nursery

Comments 0 Comments

[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.]

If you recently learned you’re having a baby, you may already be thinking about how to prepare your home. For many expecting parents, one of the most important tasks is creating a nursery for their newborn.

But furnishing a nursery and filling it with baby supplies can be prohibitively expensive. Some credit cards can help with your baby-related expenses, earning rewards for your purchases or offering low introductory interest rates.

Here are five credit cards to help you build your baby’s nursery.

  1. Costco Anywhere Visa Card by Citi

Rewards: 4% cash back on up to $7,000 in eligible gas purchases per year, 3% cash back at restaurants and on eligible travel purchases, 2% cash back at Costco and Costco.com, and 1% cash back on all other purchases.

Sign-Up Bonus: None

Annual Fee: $0 (you must be a paid Costco member)

Annual Percentage Rate (APR): 16.99%* (Variable)

Why We Picked It: Costco members can save on a huge selection of nursery products.
For Your Nursery:
Costco carries a wide variety of baby merchandise, including cribs, nursing chairs, changing tables, diapers, formula, and more. This card earns 2% cash back on all Costco and Costco.com purchases, helping you afford the stuff you need for your growing family. Plus, you’ll avoid interest on purchases for a full seven months.
Drawbacks:
You must be a paid Costco member to get this card.

  1. Blue Cash Preferred Card from American Express

 Rewards: 6% cash back on up to $6,000 in annual U.S. supermarkets, 3% cash back at U.S. gas stations and select U.S. department stores, and 1% cash back on all other purchases.
Signup Bonus:
$200 statement credit if you spend $1,000 in the first three months.
Annual Fee:
$95

APR: 0% for 12 months on purchases, then 14.74%-25.74% Variable APR.

Why We Picked It: Expecting parents can earn extra cash back at many useful merchants.

For Your Nursery: Whether you’re buying baby formula at the supermarket or furniture at the department store, you’ll earn a great cash back rate. Plus, the 3% cash back at gas stations can help you haul your stuff home. Purchases and balance transfers are interest-free for a full year.
Drawbacks:
There is a $95 annual fee.

  1. Bank Americard Cash Rewards Credit Card

Rewards: 3% cash back on gas and 2% cash back at grocery stores and wholesale clubs for up to $2,500 in combined purchases each quarter; 1% back on all other purchases.

Signup Bonus: $150 bonus cash back if you spend $500 in the first 90 days.
Annual Fee:
None

APR: 0% APR for 12 months, then variable 14.24% to 24.24% APR.

Why We Picked It: Double cash back on groceries and wholesale club purchases can add up quickly when you’re shopping for a baby.
For Your Nursery:
With 2% cash back at grocery stores and wholesale clubs, you can easily rewards on your baby expenses. Purchases and balance transfers avoid interest for 12 months.
Drawbacks:
Cardholders get an additional 10% cash back when they redeem their rewards for a deposit into a Bank of America bank account, but you’ll lose out on that value if you aren’t a banking customer.

  1. Citi Double Cash Card – 18 month BT offer

Rewards: 2% cash back: 1% cash back on purchases and an additional 1% cash back upon payment.
Signup Bonus:
None
Annual Fee:
None

APR: 15.24% - 25.24%* (Variable); Intro: 0% for 18 months on Balance Transfers, 15.24% - 25.24%* (Variable).

Why We Picked It: New parents get a real incentive to pay off their nursery purchases.
For Your Nursery:
All purchases earn 1% cash back, with another 1% awarded upon payment. That gives you motivation to pay off your nursery purchases quickly.
Drawbacks:
You won’t earn your full cash back on a purchase until you’ve paid it off.

  1. Citi Simplicity

Rewards: None
Signup Bonus:
None
Annual Fee:
None

APR: 0% for 18 months on purchases and balance transfers, then 15.74% - 25.74%* (Variable) APR.

Why We Picked It: Use this card to make purchases interest-free for 18 months.
For Your Nursery:
This card’s main appeal is its 0% APR offer, which lasts a whopping 18 months for purchases and balance transfers. That’s enough time to furnish a nursery and make purchases interest-free well into your baby’s second year.
Drawbacks:
There are no rewards with this card.

Choosing a Credit Card for Baby Expenses

Choosing a credit card as you prepare for a new baby is a very personal decision, and depends on your goals for the card.

If it’s rewards you’re after, you should choose a card with rewards that match your family’s needs. If you’ll be spending the most at the supermarket, you should find a card that rewards those purchases. If you’ll be driving your baby to visit grandparents a lot, a card with gas rewards might be a good fit. Parents with truly random spending habits should probably choose a card with a flat rewards rate for all purchases.

If you’re expecting a lot of upfront cost to set up your nursery, you should look at cards with intro 0% APR offers. These cards can help you avoid interest as you work to pay down your balance.

However, a card with a strong balance transfer offer is a good bet if you’ve already made a lot of purchases on a high-interest card.

What Is Required to Get a Credit Card for Baby Expenses?

Cards with rewards and 0% APR offers usually require good to excellent credit. You should know your credit score before you apply; a hard inquiry from a credit card application can ding your score a few points, and it isn’t worth the risk if you won’t get approved. You can check your credit score free at Credit.com.

You can also carry on the conversation on our social media platforms. Like and follow us on Facebook and leave us a tweet on Twitter.

 

At publishing time, the Costco Anywhere Visa Card by Citi, Citi Double Cash Card – 18 month BT offer, Blue Cash Preferred Card from American Express, and the Citi Simplicity card are offered through Credit.com product pages, and Credit.com is compensated if our users apply for and ultimately sign up for any of these cards. However, this relationship does not result in any preferential editorial treatment. This content is not provided by the card issuer(s). Any opinions expressed are those of Credit.com alone, and have not been reviewed, approved, or otherwise endorsed by the issuer(s).

Note: It’s important to remember that interest rates, fees, and terms for credit cards, loans, and other financial products frequently change. As a result, rates, fees, and terms for credit cards, loans, and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees, and terms with credit card issuers, banks, or other financial institutions directly.

 

Image: iStock

Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.

Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.

Certain credit cards and other financial products mentioned in this and other sponsored content on Credit.com are Partners with Credit.com. Credit.com receives compensation if our users apply for and ultimately sign up for any financial products or cards offered.

Hello, Reader!

Thanks for checking out Credit.com. We hope you find the site and the journalism we produce useful. We wanted to take some time to tell you a bit about ourselves.

Our People

The Credit.com editorial team is staffed by a team of editors and reporters, each with many years of financial reporting experience. We’ve worked for places like the New York Times, American Banker, Frontline, TheStreet.com, Business Insider, ABC News, NBC News, CNBC and many others. We also employ a few freelancers and more than 50 contributors (these are typically subject matter experts from the worlds of finance, academia, politics, business and elsewhere).

Our Reporting

We take great pains to ensure that the articles, video and graphics you see on Credit.com are thoroughly reported and fact-checked. Each story is read by two separate editors, and we adhere to the highest editorial standards. We’re not perfect, however, and if you see something that you think is wrong, please email us at editorial team [at] credit [dot] com,

The Credit.com editorial team is committed to providing our readers and viewers with sound, well-reported and understandable information designed to inform and empower. We won’t tell you what to do. We will, however, do our best to explain the consequences of various actions, thereby arming you with the information you need to make decisions that are in your best interests. We also write about things relating to money and finance we think are interesting and want to share.

In addition to appearing on Credit.com, our articles are syndicated to dozens of other news sites. We have more than 100 partners, including MSN, ABC News, CBS News, Yahoo, Marketwatch, Scripps, Money Magazine and many others. This network operates similarly to the Associated Press or Reuters, except we focus almost exclusively on issues relating to personal finance. These are not advertorial or paid placements, rather we provide these articles to our partners in most cases for free. These relationships create more awareness of Credit.com in general and they result in more traffic to us as well.

Our Business Model

Credit.com’s journalism is largely supported by an e-commerce business model. Rather than rely on revenue from display ad impressions, Credit.com maintains a financial marketplace separate from its editorial pages. When someone navigates to those pages, and applies for a credit card, for example, Credit.com will get paid what is essentially a finder’s fee if that person ends up getting the card. That doesn’t mean, however, that our editorial decisions are informed by the products available in our marketplace. The editorial team chooses what to write about and how to write about it independently of the decisions and priorities of the business side of the company. In fact, we maintain a strict and important firewall between the editorial and business departments. Our mission as journalists is to serve the reader, not the advertiser. In that sense, we are no different from any other news organization that is supported by ad revenue.

Visitors to Credit.com are also able to register for a free Credit.com account, which gives them access to a tool called The Credit Report Card. This tool provides users with two free credit scores and a breakdown of the information in their Experian credit report, updated twice monthly. Again, this tool is entirely free, and we mention that frequently in our articles, because we think that it’s a good thing for users to have access to data like this. Separate from its educational value, there is also a business angle to the Credit Report Card. Registered users can be matched with products and services for which they are most likely to qualify. In other words, if you register and you find that your credit is less than stellar, Credit.com won’t recommend a high-end platinum credit card that requires an excellent credit score You’d likely get rejected, and that’s no good for you or Credit.com. You’d be no closer to getting a product you need, there’d be a wasted inquiry on your credit report, and Credit.com wouldn’t get paid. These are essentially what are commonly referred to as "targeted ads" in the world of the Internet. Despite all of this, however, even if you never apply for any product, the Credit Report Card will remain free, and none of this will impact how the editorial team reports on credit and credit scores.



Your Stories

Lastly, much of what we do is informed by our own experiences as well as the experiences of our readers. We want to tell your stories if you’re interested in sharing them. Please email us at story ideas [at] credit [dot] com with ideas or visit us on Facebook or Twitter.

Thanks for stopping by.

- The Credit.com Editorial Team