What credit card gives good cash back awards?
by Author on Wednesday, September 8th, 2010 | 6 Comments
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I just researched this 2 weeks ago, and I decided that Chase Freedom Cash was the best. I have had it for about a week and I love it. Here is the website that I ordered it from. It has all of the best offers on the internet.
I use the EmigrantDirect Mastercard. It pays 1.4% cashback on all purchases. You have to have an EmigrantDirect savings account to get it and maintain $10,000 to get that rate.
The difference between Chase/Citi and EmigrantDirect is EmigrantDirect has no caps.
Chase Freedom credit card will give you 3% cash back at the places you spend the most in any given month, and adjusts according to your spending.
Citi Dividend credit card is also good, with 3% cash back.
It depends on what you mean by "good cash back awards".
Some give great awards or rewards, but require tons of points to obtain. If you use your credit card heavily, then it probably isn’t an issue for you.
On the other hand, some give rewards with relatively few points, but the rewards barely make it worthwhile.
Without knowing your financial situation and spending habits, it is impossible to give you a single answer (I don’t advertise on websites like this, so I wouldn’t give that information, anyway). But, you can make a rough estimate of what might work for you, by taking your last three credit card statements from any card(s) you use, remove any that seem to be exceedingly high or low (i.e., you spent $1 on a candy bar on one card, and $5,000.00 on a diamond ring) and replace them with a different statement, then add up the amounts you PAID for those statements (which might not be the amount owed), and divide by three (i.e., the number of statements) to get your average bill; then, multiply that amount by 12 (i.e., number of months per year). You now have a rough idea of how much you PAID in a year (i.e., what you can safely spend without going into debt; no point in getting a tiny cash reward if you end up owing them 20% or so in late fees!). That number is your "target" reward value: the card that will give you the highest rebate for that amount, is the one you want.
However, there is something to be aware of: If you are behind in your payments to that credit card, they will not allow you to get money from them (makes sense, right? you owe them, so they’re not going to pay you until you pay up!).
shop and compare at http://www.fastcreditcardapprovals.com I think discover is the best one but I like the flyer miles card better.
Reward credit cards reward you depending on the amount you spend on the credit card. Usually, you can collect rewards through 3 methods. One method involves earning cash back on the card, which is generally a certain percentage of each amount you spend. The next method involves giving points or any other type of token to the customers to accrue. They can then redeem these points for gifts like luggage, cosmetics and other goodies that the credit card company offers. Most of these reward schemes have alluring gifts and huge variety of selections. But the better option is to go for a cash back reward as it allows you to use the money any way you like.
http://debts-to-wealth.com/category/Earn-Rewards-With-Your-Credit-Card.html