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Cash Back vs Rewards Credit Cards By Joseph Kenny
Ah, the sweet rewards of using credit!
Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or ‘reward points' that you can spend on merchandise or services from various merchants. There are also cards that allow you to designate your ‘cash back' points to a charity – sometimes called affinity cards – and those that put your cash back into a special savings account for college.
Great deal, right? You spend your money and get something in return. The catch is, of course, that you're paying interest and card fees to get your cash... [ Read Article ]
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| In the News |
Credit-Card Customers: Not So Loyal
It seems like everyone loves to hate credit card companies, but some firms are more unpopular than others, and the industry as a whole faces a distrusting public. That’s the gist of the fourth annual customer satisfaction survey of 11 major card issuers by J.D. Power and Associates, the marketing-information firm. It found that American Express, Discover Card and U.S. Bank scored above-average ... Read More ...
Credit card interest rates for Sept. 2, 2010
Here are the average credit card rates from Bankrate's weekly survey of large banks and thrifts. Read More ...
A credit card that gives back
For many of us, credit cards are necessary evils that help us get through life. Yes, a credit card can help you buy something on a deferred basis, get that designer bag and not have to pay for it for a month and purchase groceries for the week. Read More ...
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