The Benefits Of Cash Back Credit Cards-msvbvm60.dll

Finance Cash back credit cards offer customers cash benefits on certain purchases. The offers differ for different cash back credit card .panies. Some offer higher rewards on purchase of selected items while some provide benefit on almost any purchase. Cash back credit cards are an alternative to saving money. The cash back credit card users benefit from the cash refund, on spending a particular amount. Cash back credit card rewards vary from creditor to creditor. 1% is the lowest reward on cash back credit cards and 6% is generally the highest limit of cash back benefit. Credit card .panies and banks generally place rewards on the purchase of some selected articles. Generally purchases made at gas stations, drug stores and grocery stores carry higher cash back percentage rewards, varying from 4% to 6%. Some cards require the user to spend a certain stipulated amount on the cash back credit card to be able to avail of the cash back facility. Various Types of Benefits of Cash Back Credit Cards: Cash back credit card rewards can be of three types – Discounts’, Points’ and Air Miles’. Several credit card .panies tie up with certain brands and .panies and their customers avail of discounts when making purchases from these .panies. Credit points are points earned by the card user on or above the purchase of a certain amount. These points can then be used to shop at select stores. Air miles are the bonus miles rewarded to the credit card users. Many airlines team up with the credit card .panies to extend Travel Rewards’ to patrons. After that, card users are rewarded with 1 mile for every dollar spent on the card. This again varies from one .pany to another. Some credit card .panies even offer two miles for each dollar spent on the card. Some travel rewards include free hotel ac.modation, discount on car rentals and credit to buy a new car. Cash back credit cards provide special benefits to customers for a year. It is therefore advisable to choose one with a low rate of interest. Timely monthly payment of bills is equally important, to avail of the card rewards. Late payments have a negative rating on your Intro APR’. This may lead to the special benefits being lifted from your card. 0% Interest Rate: Cash back credit cards generally the enable card user to receive 0% balance transfers for a year, after the user signs on. Many credit card .panies charge balance transfer fees up to 4%. 0% APR: Under the 0% APR scheme, some credit card .panies provide only balance transfers at 0% APR, while some offer both balance transfers and purchases. The time period for which the 0% APR is valid is again very important to identify. The best credit card .panies generally offer 0% APR for 12 to 15 months. Users must read the small print carefully when applying for cash back credit cards. It is better to .pare the rewards offered by the different credit card .panies and then invest in one that offers the best deal. About the Author: 相关的主题文章: