Cash Back Credit Card
back card a good idea, or a sneaky way to get you signed?
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
though, doesn’t it? Is a cash back credit card good or bad?
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.
Cash back credit
If you like to buy a lot of things in one month, cash back credit card probably sounds great to
you. However, you need to keep in mind that these cerdit cards 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 cash back credit card form that you signed, you will see a
paragraph with their limits in the terms and agreements.
|It's always good to get some cash back when making purchases. Cash back credit card
can provide some value, but it's often a sneaky way to get you signed for a credit
Cash back credit card 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.
Do your own
research on cash back credit cards
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
Although these cash back 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 cash back credit
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 cash back credit 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.