According to the U.S. Census Bureau, American shoppers spent $7.4 billion in family clothing stores to get ready for the 2010 back-to-school season. Families spent another $2.2 billion in bookstores during the same period. It is averaged that an American family of four will spend about $800 to get their kids ready for a new semester, according to American Express’ Spending & Saving Tracker study.
One of the best credit cards for back-to-school shopping may be the solution to spreading out parts of those costs over the next few months. A few tips to consider for choosing the best deal is to compare offers based on their annual fees, reward structures, and their partner relationships and to look beyond any short-term bonuses to determine how a card can get you the best long-term rewards.