Bibliophiles know there’s no better way to pass the time than to get lost between the covers of a good book. But a love for stocking your bookshelves, means spending a lot of time and money at the bookstore.
True book lovers may want help affording their literary habit. Whether you prefer thrilling page turners, thoroughly researched biographies or the classics, some credit cards can help you feed your book addiction.
Here are three credit cards bookworms may like.
1. Barnes & Noble Mastercard
Rewards: 5% cash back on Barnes & Noble purchases, two points per dollar spent at restaurants, one point per dollar spent on everything else
Signup Bonus: $25 Barnes & Noble gift card after your first purchase
Annual Fee: None
Annual Percentage Rate (APR): Variable 14.74% or 25.74% on purchases, 0% intro APR for 15 months on balance transfers made within the first 45 days after opening the account, then variable 14.74% or 25.74%
Why We Picked It: Readers can save on their online and in-store Barnes & Noble purchases and earn gift cards with everyday purchases.
Benefits: Cardholders earn 5% cash back on Barnes & Noble purchases. The cash back is credited to their account. Dining purchases earn two points per dollar. All other purchases earn one point per dollar. Every time you reach 2,500 points, you’ll be shipped a $25 Barnes & Noble gift card. You also get automatic Barnes & Noble membership if you spend $7,500 or more on your card each year. (Want more ways to save at Barnes & Noble? We have 13 right here.)
Drawbacks: If you like to shop elsewhere for your books, the Barnes & Noble card isn’t right for you.
2. Amazon Rewards Visa Signature Card
Rewards: 3% back at Amazon.com (or 5% with Amazon Prime), 2% back at restaurants, gas stations and drugstores, 1% back on everything else
Signup Bonus: $50 Amazon.com gift card upon approval
Annual Fee: None
APR: Variable 14.99% to 22.99%
Why We Picked It: If you buy your books on Amazon.com, you can earn back decent rewards, especially with Amazon Prime.
Benefits: This card earns a certain percentage back on all purchases, with extra incentives for Amazon.com, restaurant, gas station and drugstore purchases. The percentage you earn back comes in the form of points, which can be redeemed for Amazon.com purchases, travel, gift cards and more.
Drawbacks: To squeeze the most value out of this card, you’ll have to pay for an annual Amazon Prime membership.
3. U.S. Bank Cash+ Visa Signature Card
Rewards: 5% cash back on $2,000 in combined eligible purchases for two quarterly categories chosen by you, 2% cash back on one everyday category chosen by you, 1% cash back on everything else.
Signup Bonus: None
Annual Fee: None
APR: Variable 14.99% to 23.99% on purchases, 0% intro APR for 12 months on balance transfers made within the first 60 days of account opening, then variable 14.99% to 23.99%.
Why We Picked It: Book lovers can choose bookstore purchases to receive a special cash-back rate.
Benefits: This card lets you define the categories that earn 5% and 2% cash back. You can choose two categories to earn 5% cash back for up to $2,000 in combined purchases each quarter. Bookstores are one of many available categories.
Drawbacks: This card requires a bit of management, as you’ll have to choose categories every quarter to earn your 5% back.
How to Choose a Credit Card to Fuel Your Reading Habits
When choosing a credit card to help fund your book addiction, you may want a card to use exclusively for book purchases or a card to also use for everyday spending.
If you plan to use a credit card exclusively for book purchases, your best bet is to choose a card that offers the biggest rewards at your bookstore of choice. That could be a store-branded credit card or a general cash-back credit card with a great rewards rate.
If you want a card to use for everyday spending, you may have to do some additional legwork. You’ll want to choose a card that rewards both your book spending and the other types of purchases you tend to make. You’ll also need to consider your goals for a card, and whether you want cash back, travel rewards, balance transfer options or other benefits.
What Credit Do You Need to Get a Credit Card for Book Purchases?
Cash back and rewards cards generally require good to excellent credit. Before you apply, you’ll want to be reasonably confident in your ability to get approved, as a hard inquiry into your credit can lower your credit score a few points. Before you apply, you can check two of your credit scores for free through Credit.com.
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.