Getting The Most Benefits From Your Cash Back Credit Card
So many credit cards – so little time. Is this the way you feel about all the options that are now available in credit cards? It really is incredible when it comes to the various possibilities of how you can benefit from a cash back credit card. Here are a few things you need to look for when you choose yours.
The first thing you need to know about cash back credit cards is that some of them come with incentives. Some of these could be pretty good so you may want to start by looking at them. A couple of them will give you as many as 10,000 points which will go toward whatever the focus is of that credit card (air miles, hotels, etc.). If one of these will best suit your needs, then you would want to look at that particular card a little further.
The next thing you want to consider is the interest rate. This can vary anywhere from about 7.99% up to 18.24%. Normally, this interest rate does not go into effect until the introductory period runs out – but it will eventually. So, if you allow balances to remain on your credit card, you will want to choose one with as low an interest rate as...