Credit Card,

Utilizing Cash Back Credit Card

Being a responsible spender is a great way to save some money despite all the expenses that you have. One easy way of earning while spending is with using the best cash back credit card that can offer you the highest amount of rebate. There was a time when most of these credit cards offered up to 5% cash back, but these days, that rate is quite rare. You are most likely to come across cards that offer 1% rebate, but if you look hard enough, you may just land something higher.


doing a chargeback on credit card

It is difficult to avoid everyday purchases that are necessary like groceries and gas. This is why the best way to go about making purchases is to have a trusty cash back card with you, which will return a small portion of the money you spent. ‘A penny saved is a penny earned’ is the adage which should inspire you to save, no matter how slow and how small.

Start with a research on the different cash back credit cards available in the market and what rebates they offer. Find out which one could help you most. Think of your most frequent and most expensive purchases. If you spend a lot on groceries, you may want to get a cash back card with higher rebate percentage on them. If it’s gas you spend on a lot, then get one that offers higher rebate percentage on gas purchases.

Do you know that there are other things you could get out of these cash back credit cards? Some offer deals with giving an instant $50 cash back when new applicants have made a certain amount of purchases, and there are those cards that have no annual fees. Take heed that you have to be aware of their interest rates in case of you are remiss with your payment.

It wouldn’t do any harm to remind yourself that having a credit card requires you to be a responsible person and a cautious spender. Use your card only when you have cash. This means you have the means to pay the debt on time. You’re only after availing of the rebate that your cash back credit card offers. Never incur charges that you can’t pay for because this may lead you to being charged high interest rates, which will defeat the purpose of using this card and eventually, lead you to debt.