TopConsumerReviews.com Best Cash Back Credit Cards
      February 23, 2019

Home  >  Cash Back Credit Cards  >  Articles

Your Information Is Secure
Credit Cards: The Lowdown Newsletter

Latest Reviews

ADHD

Eczema

Flower Delivery

Fruit Baskets

Hair Loss

Hair Removal

Menopause Relief

Pet Meds

Ringworm

Watches

 

Related Articles

How Cash Back Credit Cards Compare

How to Choose a Cash Back Credit Card

The Benefits of Cash Back Credit Cards

 

Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

How Cash Back Credit Cards Compare

There is no cash back card that is best for everyone because each person and household has different spending habits. Selecting the right cash back credit card can be a difficult process. Credit card companies are required to disclose all the information about the card but that means a lot of fine print reading for potential customers. Here are some tips to help get you started on the right track. Remember, you want to select a card that works for your current lifestyle while putting the maximum amount of money back in your pocket.

A small percentage of cash back cards have an annual fee. These fees typically range from $20-$40 each year. The benefit package and the amount you spend are something to consider when looking at cards with fees. A person who uses the card for many purchases would likely have benefits that outweigh the fees. These cards offer better packages and higher percentages back. There are always exceptions, so make sure you consider where you are spending your money and how much you will be charging on your card. If you find a card with a great benefits package but an annual fee – shop around a little longer. With so many options available you may be able to find one with a lower fee (or none at all) that offers a similar rewards package.

Though most cards offer a flat percentage back on your purchases, there are cards that offer higher percentages back on “everyday purchases.” These include categories such as groceries, gas and restaurants. When comparing cards this is something to consider. Another option you will see is tiered cards. These cards offer a greater percentage of cash back when you reach a certain amount on your card. Cash back credit cards may also offer other benefits aside from cash back such as discounts at stores, cash advantages and annual bonuses.

Cards offer their rewards at different times. Some of them reward you annually and others may reward you once a month (or another frequency) or when you reach a certain balance. This usually comes down to a person’s preference. Maybe you would prefer a lump sum once a year or you might prefer small amounts more frequently. Some cards have a maximum amount of rewards you can earn each year. Look for this in the fine print and make sure it doesn’t exceed what you plan to spend. If it does, chances are there is a better card out there for you.

With multiple options for cash back credit cards, it is likely that there is a card will work well for you. Look for cards with the highest payout for the purchases you spend the most on.

Those Credit Card Bonuses May Be Taxable

Whether rewards or bonuses are taxable depends on whether they are tied to spending on the card, tax experts say. If you get cash back or rewards from a credit card in exchange for buying things with ...

Published:  Fri, 22 Feb 2019 15:55:00 GMT



Are business credit card rewards taxable

The ruling clearly states, "The portion of the credit card purchases that Taxpayers can "¦ receive back in cash"¦ does not constitute gross income." In plain language, no, your business credit card rewa...

Published:  Fri, 22 Feb 2019 07:09:00 GMT



Why I'm Back to Plastic After 15 Years Without a Credit Card

So, I did. I vowed to live only on cash and my debt card. And, for 15 years, my husband Nick and I did just that. Now, both of us are back to plastic after 15 years credit card-free. Why

Published:  Tue, 19 Feb 2019 02:36:00 GMT



NerdWallet's Best Credit Cards for Large Purchases

The strategy here is for when you already have the money to pay in full but you want to earn a pile of cash back or points from a new rewards credit card. You do that in two ways: hitting the required ...

Published:  Fri, 22 Feb 2019 11:36:00 GMT



Should You Get the Apple and Goldman Sachs Credit Card

Apple and Goldman Sachs will launch a joint credit card this spring ... including the Citi Double Cash. The Wells Fargo Cash Wise card gives cardholders 1.5 percent back on all purchases, while the Ca...

Published:  Thu, 21 Feb 2019 12:07:00 GMT



Should you tip with cash or a credit card

While service workers generally prefer cash, there are some instances where a credit card tip can be better ... [them[, the bus[ser], those in the back cooking and so on. So at a restaurant ...

Published:  Fri, 22 Feb 2019 08:00:00 GMT



Why Credit Cards Are Safer Than Debit Cards

Some banks offer rewards, such as travel miles or cash back on debit card purchases. However, rewards debit cards are fairly rare and the rewards tend not to be too lucrative. Rewards credit cards ...

Published:  Thu, 21 Feb 2019 16:28:00 GMT



These credit card offers can help you save big on your Galaxy S10 purchase

For those of you who are still shopping with an outdated debit card or credit card, now's the time to make a switch. There are huge sign-up bonuses and cash back offers out there if you know where to ...

Published:  Thu, 21 Feb 2019 15:57:00 GMT



The Apple Credit Card Will Drop in the Spring: Likely Perks, Pros, and Cons

Could Apple and Goldman's venture appeal to a large enough segment of consumers Unlike the Barclaycard, the new Apple credit card could offer 2 percent cash back on most purchases and possibly even m...

Published:  Thu, 21 Feb 2019 10:38:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure