Educators are no strangers to going above and beyond for their students—even when it means reaching into their own wallets. Every year, teachers spend hundreds of dollars of their own money on classroom supplies, decorations, and even snacks for their students. While this highlights the dedication of educators, it also places a financial strain on educators, many of whom already work within tight budgets.
Thankfully, the right credit card can help offset these costs. By choosing a credit card that offers cash-back rewards, no annual fees, and benefits that fit their lifestyle, teachers can earn valuable perks for the purchases they’re already making.
Look for cash-back rewards
Many rewards credit cards offer cash back on everyday purchases, such as groceries, gas, and office supplies. And unlike rewards programs that require you to spend your earned points with designated partners, cash back cards give you much more freedom. For teachers, this can be a game-changer, especially when stocking up on classroom essentials.
The NEA® Customized Cash Rewards Card allows educators to earn 6% cash back for the first year (3% cash back + 3% first-year cash back bonus) in the one category of their choice - including gas, online shopping or dining. They'll automatically earn 2% cash back at grocery stores and wholesale clubs, and unlimited 1% cash back on all other purchases. After the first year from account opening, they’ll earn 3% on purchases in their choice category. They will earn 6% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter. After the 3% first-year bonus offer ends, they will earn 3% and 2% cash back on these purchases up to the quarterly maximum. This flexibility lets teachers tailor their rewards to fit their spending habits—and the demands of their unique classroom environment. With the NEA® Customized Cash Rewards Credit Card, the earned rewards do not expire as long as your account remains open.
Avoid annual fees
According to data from the Consumer Financial Protection Bureau, in 2022, the average annual fee for general-purpose credit card accounts that charged a fee was about $105. For some credit cards, the annual fee can go as high as $600. Some cards justify these fees with premium perks, benefits, and rewards that go beyond standard card offerings, like access to exclusive airport lounges and elite airline membership status.
For budget-conscious educators, choosing a credit card with no annual fee is a smart way to maximize rewards while minimizing costs. Cards with no annual fee are specifically designed to offer valuable benefits without the added costs, or the unnecessary frills.
Find cards with rewards that fit your lifestyle
Ultimately, finding the credit card that’s right for you comes down to how it supports your lifestyle and spending habits. If you love to travel during school breaks, look for a card with travel rewards. If you frequently shop for supplies or groceries at specific stores, a credit card offered by that specific retailer can often provide valuable discounts. The key is choosing a card that aligns with where and how you spend, so you can maximize the benefits and rewards that matter most to you. The NEA® Customized Cash Rewards Credit Card offers an opportunity for teachers to earn while they spend, especially with its special bonus.
Questions to ask yourself before you decide on a credit card
When evaluating your credit card options, ask yourself these questions:
- Do I want a card that offers flexibility in how I redeem my rewards?
- Are the premium benefits offered by a credit card worth the annual fee?
- Would I benefit most from cash back, travel rewards, or retailer-specific discounts?
By understanding your priorities, you can select a card that aligns with your lifestyle and helps you get the most value from your purchases.
Start earning today
Educators work hard to create life-changing learning environments, often at their own expense. By choosing a credit card that rewards your spending, you can ease some of that financial burden and even give back to yourself. Whether it’s earning cash back, a special bonus, or enjoying flexible rewards, the right credit card can help you make the most of every dollar spent.
