News Feed

Search All Topics !

Learning About Cash Back Credit Cards: Good or Bad Idea?

0 like 0 dislike
Posted by Sassassin
Getting a credit card that offers cash back always sounds like a good idea.  What could be better than getting cash back on all the purchases that you make with your credit card?  It sounds too good to be true, doesn’t it?   

Well, there are cards that give you free cash, but it is usually only around 1% cash back.  However, free money is free money, right?  Well, sometimes.  

If you like to buy a lot of things in one month, this kind of credit card probably sounds great to you.  However, you need to keep in mind that they are not going to give you cash back on every purchase that you make.  Even if they claim to give you cash back on every purchase, they will only give you up to a certain amount per transaction.  The company also has a strict limit on the amount that they will give back to their customers.  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 a good credit card to have and sounds great in theory, but they will have to check your credit rating before they will give you their card.  

Research different credit card companies to see what they are offering.  You may be surprised to find a cash back credit card that offers you just what you need and want with a high cash back percentage, few limits on the amount they will give you back, and instant cash deposits when you make each purchase with their card.  

Although these credit cards seem like a great thing to have, some companies will need your credit rating to be great too.  However, there are credit card companies that offer these cards to people with a low credit rating to help them rebuild their credit.  Research all of your options.  

What should your decision be?  If you have a good credit rating, then this card is a great option for you.  Research different card companies – there are cards out there that offer you up to 3% cash back and impose very few limits.  If, however, you have a bad credit rating, you may want to find a credit card that will help you rebuild your credit.

Your comment

Please review community guidelines here.

Your name to display (optional):
Privacy: Your email address will only be used for sending these notifications.
Anti-spam verification:
To avoid this verification in future, please log in or register.

Related posts

0 like 0 dislike
0 comments 100 views
About Sports Affinity Credit Cards

Affinity cards are a special kind of credit card which are linked into the cardholder's lifestyle in some way, offering benefits ... be showing your support for your team both visibly and financially.

Posted by HairySeahorse
0 like 0 dislike
0 comments 79 views
Accepting Credit Cards Over the Phone

There has been a huge growth in the number of cold calls, and unsolicited offers that people receive on their home and business ... address carefully and make sure that it all appears above board.

Posted by ForceSoldier
0 like 0 dislike
0 comments 89 views
A smart way to manage credit cards

Credit cards are a great way to help you to control your finances. It's true that occasionally we may make poor decisions with our ... a fixed amount due every month will help you plan your budget.

Posted by MagicalCyborg
0 like 0 dislike
0 comments 111 views
5 Things You Should Know About 0 APR Credit Card Offers

If you have received one of these offers in the mail, you know how tempting they can be. They claim that you will pay no interest ... , but it will not remove the damage already done to your credit.

Posted by PositiveVoid
0 like 0 dislike
0 comments 47 views
Bottled Water - Good Or Bad?

Water, water everywhere but not a drop to drink. You feel you have heard it before, recollecting those horror scenes showing ... without any end. For more info visit

Posted by Sassassin
0 like 0 dislike
0 comments 50 views
A Credit Repair Agency – What Can It Do For You?

A credit repair agency advertises that it can help you repair bad credit so that you will qualify for that loan you need to buy ... Do you really need a commercial credit repair agency? Probably not.

Posted by FrighteningTwinkles
0 like 0 dislike
0 comments 77 views
3 Ways To Get Approved For A Business Credit Card

If you run your own business--whether it's a retail store, direct sales, hobby shop or freelance consulting--chances are you ... Internet search or check the websites of major credit card companies.

Posted by Tomatoad
0 like 0 dislike
0 comments 99 views
5 Easy and Quick Ways to Improve your Credit Score

Your Credit Score is one of your biggest financial assets. If your credit score is high, your borrowing rates will be low and ... help inform you of ways to increase your credit score when needed.

Posted by DreamBaby
0 like 0 dislike
0 comments 102 views
3 Things To Look For In A Credit Repair Company Online

If it's been a while since you've looked at your credit report, you may be surprised to find errors, mistakes, or even a ... against the company, so you can avoid scammers and rip-off artists.

Posted by Monkeyno
0 like 0 dislike
0 comments 68 views
5 Ways To Instantly Increase Your Credit Card Limit

A lot of credit card holders aspire for a higher credit card limit. But: credit card holders need to remember that to get a ... will determine whether you'll get a higher credit card limit or not.

Posted by ShowDolphin
0 like 0 dislike
0 comments 81 views
A Guide To Credit Card Debt

When talking about credit card debt, the effects of debt depend upon such factors as the sources of loan funds, the purpose for ... loans, this will tend to encourage the purchase of their securities.

Posted by UncleRhino
0 like 0 dislike
1 Comment 86 views
How to improve my credit ratings?

How to improve my credit ratings?

Posted by Titank
0 like 0 dislike
0 comments 119 views
The only good luck many great men ever had was being born with the ability and determination to overcome bad luck. -Channing Pollock

Any thoughts ? The only good luck many great men ever had was being born with the ability and determination to overcome bad luck. -Channing Pollock

Posted by AwfulSoul
0 like 0 dislike
0 comments 57 views
is it good to be skinny or medium size ?

I don't know if I should remain skinny or gain more weight to stay healthy?

Posted by AwfulSlingshot
0 like 0 dislike
0 comments 115 views
7 Tips To Help Reduce Your Debt

As debt continues to increase in many households across America, more families each year are finding themselves looking for ways to reduce ... how to better manage your money, and stick to a budget.

Posted by GiftedWrecker
0 like 0 dislike
0 comments 42 views
A Great House Warming Gift Idea For Every Budget

Eventually, someone you know will move house - and this idea will come in very handy indeed when you want to come up with a house ... that they should always be snug, happy, well cared for and safe.

Posted by VoyageHooper
0 like 0 dislike
0 comments 90 views
Learning How To Overcome Your Obsessive And Fearful Thoughts

It can be tough for people with OCD to have to experience obsessive thoughts that are intrusive, scary, and difficult to manage. As ... and with the proper treatment, you can live a productive life.

Posted by Knighttime
0 like 0 dislike
0 comments 78 views

Low back pain is a usual symptom amoung the modern civilised people.It affects mainly the middle aged and young adults of both sexes.People who ... 3) Traction. 3) Yoga. 5) Surgery. 7) Homoeopathy.

Posted by TrainedGuy
0 like 0 dislike
1 Comment 70 views
How to Survive Back-to-School Shopping?

How to Survive Back-to-School Shopping?

Posted by BunBunny
0 like 0 dislike
0 comments 79 views
How To Protect Your Kayak From Bad Weather

No other brand of kayak cover competes with Danuu Kayak Covers. Danuu covers are created with ease of use and top quality in mind. ... you need to get a Danuu cover. Treat yourself and buy one.

Posted by Dragonig
0 like 0 dislike
0 comments 67 views
Why north korea wants to fight with others so bad?

There is no way that north korea can win a war against US. Why the hell start the war that you can never win.

Posted by OpinionOwl
0 like 0 dislike
1 Comment 55 views
How Tarot Cards Can Help You…Really?

How Tarot Cards Can Help You…Really?

Posted by Camella
0 like 0 dislike
0 comments 157 views
10 Profitable Reasons To Add A Discussion Board Or Chat Room To Your Web Site

1. You'll be able to communicate with your visitors. They'll begin to trust you and get to know you on a more ... also join other people's affiliate programs and make commissions advertising them.

Posted by BeautifulWolf
0 like 0 dislike
0 comments 74 views
Repair a Scratched CD or DVD with Household Items

If you're having problems getting a CD to work in your computer because it's scratched, there are some easy solutions. First, try ... . They can be purchased at any computer store and even Wal-Mart.

Posted by SilentTrooper
0 like 0 dislike
0 comments 104 views
Are you or your elderly parents moving to an Apartment from a house? Here's Help

So you're moving to an apartment, what do you do with all your favorite things you can't live without? Are your parents elderly and ... my site and get busy making some changes in your home or yard.

Posted by Dingopher
0 like 0 dislike
0 comments 75 views
Can Former Lovers be Just Good Friends?

Can you be good friends with an ex-lover? Firstly, the word 'lover' has many connotations and the answer may be different ... emote, perceive situations, react and resolve issues just like you would.

Posted by Conjursa
0 like 0 dislike
0 comments 79 views
The Good Life

I was listening to the MSNBC on the radio the other day when a feature came on entitled, The Good Life'. They proceeded to ... a life well lived. With meaning, love, comfort, joy and fulfillment.

Posted by ShowDolphin
0 like 0 dislike
0 comments 71 views
How to recover deleted or lost files

It's a sickening feeling, the moment you realise that some important document, or irreplaceable photos have vanished from your ... would be better to use a professional data recovery service.

Posted by GroundHurricane
0 like 0 dislike
0 comments 64 views
16 Quick Tips for Eating at Restaurants or Work

Most of us eat at restaurants for a variety of reasons; time and convenience are the most common motives. Below is a prepared list of ... hard alcohol, but one or two glasses a day is the limit.

Posted by Tabooccaneer
0 like 0 dislike
1 Comment 79 views
Should i get free traffic for my website or pay for it?

What the difference between free traffic and paid traffic?

Posted by Cybora
Connect with us: