Reward Yourself With A Credit Card

Posted by Joe268

March 31, 2008

Most credit card companies offer incentives for new cardholders. These are often long term low interest rates for balance transfers or 0% interest on purchases and balance transfers. These are attractive incentives for card holders who have debts that they want to manage effectively. Many jump from card to card, rate surfing to take advantage of preferential interest rates.

While most people want to avoid interest, low interest rate cards are not the best incentive for people who clear their card balance in full each month. If you’re one of those people, then you will be looking for another kind of card reward. There are many credit card incentives that reward people who spend a lot on their cards and clear their balance every month.

Getting Cash Back Rewards

A cash back reward gives card holders a percentage of their spending back as cash. Some credit card companies add this up and apply it to the cardholder’s account once a year. The amount of cash back varies depending on the card chosen. It can be 0.5% or much higher. For example, some cards give a cash rebate of

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