Browsing Category: "Money Back Credit Card"
Find the Best Rebate Credit Card
Finding the best rebate credit card could save you a lot of money. There are several things to consider when deciding on the right rebate card. First of all, consider what you spend now on your credit card. Do you use your credit card now for groceries, gas, fast food, travel? Knowing what you spend money on can help you lean towards a better choice of rebate cards.
Here is some of the attributes of rebate cards you need to consider by looking at the fine print.
*Tiered rebates. You have to charge up a certain balance amount in order to receive to maximum rebates.
*How are your rebates are paid? Do you get a yearly check?; Is your account credited monthly?; Is the rebate only good on gas, or a certain stores?; Do they direct deposit it to your bank account?
* Caps- Is there a monthly or yearly caps on rebates allowed?
* Above 1% earnings. I know that discover offers 5% rebates on different things every month, you have to check their website frequently to see what the current monthly offer is, and the dates they are valid. Some months 5% on travel, some months 5% on gas and car repair, Some months groceries, etc.
My picks for the best cash back Rebate Credit Card
Discover More
Undoubtedly the best rebate credit card just make sure to check the website often to maximize your cash back. You can also exchange your rebates at certain retailers and get double the cash back. The discover more is a tiered rebate earnings program. The first $1500 of charges you earn %.25, The next $1500 you earn .5%, over $3,000 you earn 1% or more
True Earnings® Card from Costco and American Express
This rebate credit card gives you rebates from the get go no minimum balances. The snag is that you must be a Costco member and rebates are in the form of a certificate redeemable at Costco only. If you have a Costco in your area this is unbeatable. Free Groceries.
Exploit your money back credit card with the U.S Mint
There are a couple of ways you can save money on your Credit Card with the U.S. Mint. But First, let me explain what the U.S. Mint is offering. Right now, the U.S. Mint is offering circulated $1 Presidential coins at face value, shipped to your doorstep free. The offer is off and on with different coins all the time. There is a $5,000 limit for each type of coin.
Now here are some ways you can use this deal to exploit or maximize your savings with your credit card.
1. Many cards will not give you maximum points, rewards, or money back until you reach a certain spending limit. Simply buy the coins, deposit them into your bank account, then pay the credit card bill when it comes in. Rinse and repeat as much as you wish. You can even make money with cash back cards.
2. Avoid 3% Balance transfer fees buy using the money to pay off higher Apr credit cards
I wish I could take credit for this ingenious idea but I stumbled upon it at slickdeals and you can visit the thread to find out which cards this deal is working on along with how long it takes to ship, etc…
Money Back Credit Card
Money Back Credit Card
Not all money back credit cards are created equally. To find the best money back credit card for you, start buy getting a grip on the the way you spend your money. Do you put allot of mileage on your vehicle? If so, then you may save more money by using a gas rewards cards. Or, Do you travel allot? Maybe then you would need a travel card. Most people need credit cards for day to day purchases.
Okay, now that you have an idea where you spend most of your money, now it is time to start comparing cards. Here is something you may not know. Credit card companies require advertisers to use certain wording that does not tell you the whole story about the savings offer. For example “Earn up to 5% Money back on every day purchases”. What they do not tell you is that you have to charge $6,500 on your credit card first, and /or the money back is only good for purchases at a certain store.
So the next thing you need to do is to look at the money back credit card applications and somewhere on the bottom of the application will be a link that says “Terms of Service”. Click on link to find out the finer details of how that particular money back credit card works.
Now you know how to find the money back credit card that can save you the most money, let’s talk about how to maximize your savings. The nature of money back cards is to get you to put more on your card instead of using your banking account. With that in mind, the credit card company wants you to screw up and make a late payment, or not pay off your credit card every month. They want to charge you late fees, take away your money back earnings, and jack up your interest rates. To beat the system, you must be diligent buy not over spending, and pay your bill in its entirety every month. If you do not pay off the bill of every month, you will incur apr charges and eat up any money back savings you may have had.
Getting money back from a credit card is not easy but it can be done. As a matter of fact you can earn yourself a few hundred extra bucks a year exploiting savings if you remain focused.
