Cash Back Rewards Programs
Though they might not be as intriguing as miles or points, the simplest, most direct way to make money from credit cards is to get a card that offers cash back rewards. Depending on the card, this cash back canada whatsapp number data come in the form of a statement credit or a direct deposit to your bank account.
Cash back rewards are worth face value. How much cash back you get per purchase depends on your card. Most cash back cards have a tiered system. For basic purchases, you might get 1 or 2 cents back per dollar spent. Under some circumstances, the return could be as high as 5 cents back per dollar spent, for a nearly immediate 5% return on your purchases.
Best Cash Back Credit Cards
Someone holds a credit card next to a scanner.
American Express’s Blue Cash Preferred is a top cash back credit card. What makes it notable is the 6% cash you will receive back on groceries, plus 6% back on a streaming subscriptions and 3% back on gas and other transit transactions.
Discover’s It is another cash back rewards card. This one will get you 5% back on select purchases in categories that rotate on a quarterly basis. These rewards don’t expire and at the end of the first year you get a 100% match on all the cash back you received that first year.
Cash Back Rewards Programs Though
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