CreditDonkey Identifies Best Family Credit Cards for Back to School

Los Angeles, CA August 10, 2011

CreditDonkey has released its picks for the top credit cards for every family’s wallet this back-to-school season.

“With all of the extra expenses that come with back-to-school, families can save quite a bit by simply choosing the right family credit card,?said Charles Tran, founder of CreditDonkey. “Paying attention to rates, fees and the extra perks can help put families into better financial positions.?/p>

When evaluating cards, CreditDonkey looked for ones that would meet the needs of the various members of the family, narrowing down to the following top three:

• For the Mom-on-the-Go: Discover Open Road

Places to go, people to see is the modern mom’s mantra. Busy running around town for play dates, sports practice, school plays and daily errands, these moms are logging serious miles on their cars. If you’re driving all around town, you may as well be rewarded for the miles you log in the car!

The Discover Open Road Card is a rewards credit card that puts cash back in busy moms?wallets for their everyday purchases. Benefits include:

• Free $150 Restaurant.com Gift Certificate with first purchase
• 2% automatically at any gas station and any restaurant all year long
• No annual fee or rewards redemption fees
• For the Father on a Budget: Blue Cash Everyday

Keeping the family finances on-track is a big undertaking; this is especially true during back-to-school when kids need new clothing, shoes and school supplies. No matter how much we mentally prepare for school shopping, the total cost always creates a shock.

The Blue Cash Everyday card from American Express helps ease the shock of these extra expenses through its rewarding cash back program. Benefits include:

• 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% cash back on all other purchases
• No spend minimum or enrollment requirement to start earning cash back
• Opportunity to add more money to your wallet with the $25 Referral Bonus for each friend or family member who is approved for the Card
• No annual fee
• For the Collegiate: Discover Student

When students move out of the house, it may be time for them to move out of their parents?wallets, too. A student credit card is the perfect opportunity for college students to gain some financial independence from their parents.

The Discover Student card gives students that independence they crave as well as great benefits to help offset the extra expenses of college:

• Get $25 Cashback Bonus when you make your 1st purchase within 3 months.
• 0% intro APR on all purchases for the first 6 months - giving students the opportunity to learn how to responsibly use the card before having to pay interest
• 5% Cashback Bonus in categories that change like travel, department stores, gas, groceries, restaurants, and more.
• Up to 1% unlimited Cashback Bonus on everything else you buy.
• No annual fee

Families can visit CreditDonkey to compare credit cards to find more deals for your family.