Obtaining a credit card that brings money back always considered a good idea. Nothing better than receiving cash back on all the spending that you make with your credit card? It is like too good to be true, doesnt it?
Well, there are numerous cards that offer you free cash, but it is usually only around 1% cash back. However, money is money, right? Well, sometimes.
If you like to purchase lot of things in a period, these kinds of e not going to give you credit cards seem very attractive for you. However, you need to keep in mind that they will not give money back on all buying that you will make. Even if they claim to give you money back on all buying, they will only give you certain percentage of amount per transaction you have spent. These credit card issuing companies also have strict limits on the amount that they will give back to their clients. If you read the little, bitty print on the form that you signed, you will see a paragraph with their limits in the terms and agreements.
This is another way to try to draw in new customers for these companies. It is good to have credit card and sounds great in theory, but they will have to check...