The one thing you absolutely would love about credit cards is that they get you rewards for spending. Problem is that you need to be using these reward points wisely, if any of that is to mean anything. Cash back rewards cards have climbed in popularity, but so has the confusion surrounding them. There are programs which change the rules often, some of them giving higher rewards for purchases while other give you almost nothing of value.
Some have restrictions to the ways and extent you can redeem. You don’t know straight off whether a card fits your lifestyle and financial goals, which is why, you should probably do intensive research before you sign up.
Citi Double Cash Back Card – This is a card that plays simple, with a wide-ranged flat-rate rewards provision. The simplicity alone makes it a good card to get. You get 2 percent cashback for everything you buy, and there are no categories to worry about, as well as no annual fees or spending limits. Then there is a 0 percent introductory APR for the first 15 months, and you also get the late fees waived on your first missed payment. They include your Equifax score on each statement. The whole 2 percent reward points doesn’t get here right away, you get half with the purchase and the rest after paying the bill.
Fidelity Investment Rewards Visa Signature Card – This card gives great value for investors, and came out early this year. The requirement here is that you open a brokerage account. You get your rebate deposited into this account, which also takes deposits from your end. It is an excellent way to make the best of your purchases.
Getting Excellent Credit
Capital One QuickSilver One Cash – There is a 0 percent balance transfer offer, as well as a 0 percent purchase interest rate, right through November this year. There is no annual fee, and you can earn a hundred dollars in bonus cash credit if you spend over $500 inside the first three months. No purchase you make abroad has a transaction fee attached to it. There is also a 1.5 percent cashback on all buys, without the need to worry about the categories changing when you are not looking. You also receive a 20 percent statement credit for getting Uber rides. That’s saving all over.
If you are ever stuck with more rewards points than you know what to do with, YYZ Miles can help you sell them to the highest paying buyer online. Sell Chase points, Starwood points, or Delta reward points online for the best value through our sell miles page.