cash back rewards http://www.wisebread.com/taxonomy/term/11625/all en-US 25+ Easy Ways to Save Money But Still Get What You Want During Holiday Shopping http://www.wisebread.com/25-easy-ways-to-save-money-but-still-get-what-you-want-during-holiday-shopping <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/25-easy-ways-to-save-money-but-still-get-what-you-want-during-holiday-shopping" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/000049983888.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Whether you love it or you hate it, the gift giving season is here. If you buy gifts for the holiday season and you're not one of the lucky people who are already DONE &mdash; because you strategically purchased your gifts all year (by the way, congrats, kudos, and high five to you) &mdash; then it's time to gear up for the shopping season. But don't let what should be a fun and exciting time, become a stressful, exhausting, and masochistic exercise in worrying about budgets, costs, and spending. Below are 30 ideas and tips to help you save and put cash <em>back</em> in your pocket this holiday season.</p> <h2>Cash Back Sites Will Put Money Back in Your Pocket</h2> <p>Cash back sites are a must-do for holiday shopping. They provide cash back whether you shop online or in the store. These sites work by sharing the wealth. They earn a commission each time you click through to a store from their site and make a purchase. In return, they give you a portion, anywhere from 1-30%!</p> <h3>1. Check Traditional Cash Back Sites</h3> <p><a href="http://www.ebates.com/rf.do?referrerid=vIhagUaAxdMIsu435wELZg%3D%3D&amp;eeid=28187">Ebates</a> is probably the most well-known cash back site with an awesome deal to encourage you to try them out. Get a $10 bonus (in the form of a gift card) when you join and make your first eligible purchase of at least $25. That's $10 <em>plus </em>whatever cash back you earn for making a purchase! Right now ebates is offering 8% back at Old Navy, 7% at Amazon, 4% back at Walmart, 6% back at Kohl's, Nordstrom, and JCPenney, and much more! To get this cash back, all you have to do is click on the store via the ebates sites. That's it! Then just shop as usual and watch your cash back grow in your ebates account.</p> <p>Ebates isn't the only game in town, however. With&nbsp;<a href="http://www.wisebread.com/30-cash-back-sites-to-earn-you-thousands-per-year">more than 30 cash back sites</a> out there and the holiday sales season upon us, spend a little time comparing rates and sign up bonuses for the best deal.</p> <h3>2. Use Retail Shopping Cash Back Apps</h3> <p>Did you know that some of these sites offer cash back for retail stores? Even better, you can shop brick and mortar stores, not just online. Best of all, the rate could be even better than those of the traditional cash back sites.</p> <p><a href="https://ibotta.com/r/jcsgjbv">Ibotta</a> is a shopping app that offers a lot of bang for the buck. Not only do they have the most cash back grocery offers (like $1 off Ben &amp; Jerry's ice cream), they also have great deals on various retail stores. For example, they're currently offering $10 back for spending $75 at stores like JCPenney and Talbots, and $15 back for spending $50 at Hanes.com! That's up to 30% back!</p> <p>Want more good news? Unlike traditional sites, you can use any coupon you want, AND you can pay with a gift card. You simply upload your receipts to Ibotta and once the purchase is verified, the cash shows up in your account.</p> <h3>3. Look For Credit Card Shopping Portals</h3> <p>When reviewing your cash back options, don't forget to look at your credit card. Many offer online shopping portals that act just like traditional cash back sites. Depending on your credit card, you may get points or cash back. Sometimes you can get a much better rate through the credit card shopping portal, so it really is worth comparing. Awarded points typically show up during the next billing cycle.</p> <h2>Score Free Gift Cards and Cash for a Holiday Budget Boost</h2> <p>Would scoring a few hundred dollars in cash and free gift cards help your holiday budget? Well there's still time, and getting started is easy.</p> <h3>4. Bing for Free Gift Cards</h3> <p>Millions of people do it, but there are so many more who haven't yet taken the plunge! You can legitimately get paid to search the Internet.&nbsp;<a href="http://bing-rewards.evyy.net/c/27771/89275/2168">Bing has a rewards program</a> that pays you to use their search engine on your computer and smartphone. Earn .25-.45 a day by doing something you probably do multiple times a day anyway. The daily earning amount might sound paltry but it adds up, especially if there is more than one person in your household and you cash out for the same thing. Just two people in the same home using&nbsp;<a href="http://www.wisebread.com/make-an-extra-200-a-year-just-by-doing-this-online">Bing can net you about $200 in free gift cards a year</a>.</p> <h3>5. Check Your Email</h3> <p><a href="http://trk.cotterweb.net/?a=13562&amp;c=1&amp;s1=">Inbox Dollars</a> is another program that pays you to search the Internet. Unlike Bing, however, Inbox Dollars is not a search engine, but a &quot;get paid to&quot; website where members can earn cash cards by performing multiple tasks such as completing surveys, trying out offers, watching videos, and yes, searching the Internet.</p> <p>One unique aspect of their program is that you can get paid to read emails that they send you. You can choose to get involved in all of the earning options there, but it's good to know that like Bing, if you do nothing other than use their search function, and do it with a partner (and add in the paid emails for good measure), you can add a few hundred dollars a year to your holiday budget. Sign up today to get a&nbsp;<a href="http://trk.cotterweb.net/?a=13562&amp;c=1&amp;s1=">$5.00 signup bonus</a>!</p> <h3>6. Add Some Swag to Your Holiday Budget</h3> <p><a href="http://www.anrdoezrs.net/click-2822544-10872178-1444864530000">Swagbucks</a> is probably the largest and most well-known of the &quot;get paid to&quot; programs. To date, they have awarded members with more than 100 million dollars in cash and gift cards. What do you have to do? Watch videos, complete surveys, offers, and play games, but the difference between Swagbucks and similar sites is the breadth of earning options available.</p> <p>To me, the best part of the site is the ability to earn by using your smartphone to watch videos. Swagbucks has a number of phone apps, and if you do nothing more than max out the videos available on the apps each month you'll have earned $25 in cash or gift cards. Put in a little more effort and it's fairly easy to earn $50 a month. Getting $600 a year for free definitely clears the way for you to keep your hard earned money in your pocket during the holidays. Sign up today for a&nbsp;<a href="http://www.anrdoezrs.net/click-2822544-10872178-1444864530000">$5 sign up bonus</a>!</p> <h3>7. Sign up for a New Account</h3> <p>You can often score some nice bonus cash for signing up for a new bank account or a new credit card. Some credit cards offer <a href="http://www.wisebread.com/5-best-credit-cards-that-offer-bonus-cash-for-sign-up">as much as $500</a>. (See also: <a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards?ref=seealso">Best Miles Sign Up Bonuses</a> and <a href="http://www.wisebread.com/5-best-credit-cards-that-offer-bonus-cash-for-sign-up?ref=seealso">Best Cash Offers for Credit Card Sign Ups</a>)</p> <h2>Save and Earn With Gift Cards</h2> <p>Whether the person you're buying for likes to receive gift cards as a gift, or likes stuff from a store that sells their own brand of gift card, you can save or make some holiday cash by doing one or all of these.</p> <h3>8. Purchase Your Gift Cards from a Discount Site</h3> <p>There are a number of reputable websites like&nbsp;<a href="http://www.giftcards.com/discount-gift-cards">Giftcards.com</a> or&nbsp;<a href="https://www.raise.com/">Raise.com</a>. You could save anywhere from 1-25%.&nbsp;<a href="http://www.jdoqocy.com/click-2822544-11949187-1442871035000">Gyft</a> is offering a $5 bonus on any gift card purchase of $15 or more. That's means a possible 33% savings right off the bat. Use your cards to buy gifts, stack with coupons and a sale, and that savings adds up!</p> <h3>9. Sell Your Gift Card for Cash</h3> <p>Have unwanted gift cards, or ones that you don't see yourself using any time soon? Sell them for extra cash and use it to fund your holiday budget. Depending on the brand, you could get up to 80% of your gift card's face value. Go to the aforementioned websites to see.</p> <h3>10. Buy a Gift With Your Gift Card</h3> <p>So you received a retail gift card as a present and you haven't used it yet. If there is someone on your holiday list who likes something from that store, use the gift card on them instead of buying something for yourself. You'll keep cash in your pocket and put a smile on someone's face. (See also:&nbsp;<a href="http://www.wisebread.com/4-ways-to-get-the-most-out-of-gift-cards?ref=seealso">4 Ways to Get the Most Out of Gift Cards</a>)</p> <h2>Increase or Stretch Your Holiday Budget With eBay</h2> <p>Use eBay to its fullest potential during the holiday to save or earn extra cash.</p> <h3>11. Sell Your Stuff on eBay</h3> <p>You may have read it a million times before, but it bears repeating. Make some money by selling stuff on eBay. With a little effort you could have an extra $100-$500 cash for your holiday spending in no time. Think you don't have anything to sell? I bet you do. You wouldn't believe the crazy&nbsp;<a href="http://www.wisebread.com/6-weird-things-to-sell-on-ebay-for-extra-cash">things that actually make money on eBay</a>.</p> <h3>12. Purchase or Sell a Coupon on eBay</h3> <p>Sounds crazy, but every little bit helps. Would you spend $5 to save $25, $50, or $100? I would, and have when the coupon or discount is from a store where they are hard to come by. Sometimes retailers send discounts and coupons to a select group of people. Savvy folks who know they won't use them, sell them on eBay for extra cash. Buy one to save some money, or sell your own coupons. It's a win-win.</p> <h3>13. Purchase a Discount Gift Card on eBay</h3> <p>Many times you can get a better deal by purchasing a gift card at a discount on eBay than from discount gift card websites. Always check both to be sure. When in the market for a larger denomination, I've scored 25% off of the face value by purchasing on eBay. Combine that with a crazy sale and a coupon and that's some mad holiday savings you've got going on.</p> <h3>14. Purchase Your Gift at a Discount eBay</h3> <p>Have you ever purchased anything for yourself on eBay to get a great price? Why not buy a gift for someone else that way? There are tons of NIB (new in box) items that have never been used or worn that people are selling because they're not using. Get the gift you want for less. Before you bid (or buy it now), don't forget to check the discount gift card sites to see if there are any discounted eBay gift cards for sale. Get your bargain at a discount, I always say.</p> <h2>Use Credit Card Rewards and Benefits</h2> <p>If you have credit and/or loyalty cards that earn points with purchase, now is the time to redeem them and shrink your out-of-pocket spending for the holidays.</p> <h3>15. Redeem Credit Card Points</h3> <p>If you're like my husband and I, you put as much as you can on your credit card and immediately pay it when it is due, which nets us a couple of hundred dollars a year in points. (See also:&nbsp;<a href="http://www.wisebread.com/best-credit-cards-for-the-holidays?ref=seealso">Best Credit Cards for the Holidays</a>)</p> <p>Many cards offer a cash option, like requesting a check or applying points to your bill. They also have gift card malls where you can redeem your points for your favorite retailer. If you're lucky, you'll catch the card you want at a discounted points price, which means you're saving money <em>and </em>stretching your points so they go further.</p> <h3>16. Use Airline Miles and Hotel Points</h3> <p>Many airline and&nbsp;<a href="http://www.wisebread.com/breakdown-of-benefits-and-value-of-the-best-hotel-rewards-programs-and-credit-cards">hotel point programs</a> offer the ability to exchange points for gift cards. This often overlooked feature can decrease your out-of-pocket holiday expenses. Redeem your points for gift cards and use those to purchase a present or two. (See also:&nbsp;<a href="http://www.wisebread.com/5-best-co-branded-airline-credit-cards?ref=seealso">5 Best Airline Credit Cards</a>)</p> <h3>17. Check for Credits, Discounts, and Perks</h3> <p>In addition to receiving points for purchases, some credit cards have a &quot;special benefits&quot; section with offers that can save you money like a statement credit with purchase. For instance, I have received an offer of a $50 statement credit when purchasing at least $100 at a big, well-known retailer by a certain date. I have also seen smaller offers like a $5 statement credit with a gas purchase of $25 or more at specific stations. Every little bit helps! Combine your offers with a sale, add a coupon, and pay the balance off with points, and you'll be all kinds of jolly over the savings.</p> <h2>Research Store Offers</h2> <p>Don't forget about the extra savings you can get through special offers from stores, including bundles or free gift cards for purchases.</p> <h3>18. Take Advantage of Bundles and Bonuses</h3> <p>Increase your holiday gift savings and put some cash back in your pocket by looking for bonuses and bundles. To encourage you to buy higher end items like televisions, computers, and smart phones, retailers may offer a bonus on top of a sale. The bonus may be in the form of some kind of bundle, but could also take the shape of gift cards to that store.</p> <p>Target and other retailers are known for doing this, and it can be an awesome deal, especially on items that never go on sale. Take Apple products, for example. Apple is notorious for not having sales. During the holiday season, however, they usually offer a gift card when purchasing specific items.</p> <p>That's great, but before you hop on that deal, check out other stores first to see what they are offering with purchase. You may find that the gift card amount at other stores is greater (think $50-$150) than at Apple. So not only do you get a better discount, you can use that gift card bonus at a store that offers a wider range of goods and check off other items on your holiday gift giving list. Or you could sell the gift card for actual cash.</p> <h3>19. Check Out Jet</h3> <p>You may have seen commercials for new online retailer&nbsp;<a href="https://jet.com/shop">Jet</a>. Touted as an alternative to Amazon, many commenters say the prices are better. My thoughts? It's definitely worth a look. I found that Amazon's selection is simply much greater than Jet, but it was easy enough to find things that I would want to buy.</p> <p>How about the prices? It depends. Sometimes Jet's prices were better, sometimes not. However, Jet is being aggressive with promotions right now, like 20% off and $10 off. Since Amazon doesn't offer such discounts, you could find that Jet is the better deal this holiday season.</p> <h3>20. Love Target? Save Even More</h3> <p>Remember that&nbsp;<a href="http://www.wisebread.com/the-best-store-credit-card-target-redcard">Target REDcard</a> credit and debit card holders receive an extra 5% off of their purchases. The discount works in stores and online, and after all other coupons and discounts have been factored in. Plus, REDcard holders receive free shipping on purchases from Target.com with no minimum purchase every day, and an extra 30 days for returns. Download their&nbsp;<a href="http://goto.target.com/c/27771/103560/2092">Cartwheel mobile</a> app and gain access to additional discounts that aren't advertised to the general public. Combining these discounts could either get you to the best price, or make the best price even sweeter.</p> <h3>21. Stack Your Discounts in Novel Ways</h3> <p>To get your best deal, put all of your cards on the table: sales, coupons, (discount) gift cards, credit card points, statement credits, loyalty card points, and cash back sites; and try different combinations. For example, buy a discount gift card with a points earning credit card. Get your best sales price, find a coupon to lower the price even more, and pay for the item with your discounted gift card. If it's something that has a cash back deal on a shopping app like Ibotta, and you've spent the minimum amount, upload your receipt, get a cash rebate and save even more! Use the points earned through your credit card purchase and redeem for cash or free gift cards! There are hundreds of different savings combinations. Find what works for you.</p> <h3>22. Don't Forget About Price Adjustments and Matches</h3> <p>After you've stacked all of the discounts you can to maximize your savings, don't miss out on the potential cash back that can come from&nbsp;<a href="http://www.wisebread.com/dont-pay-more-guide-to-price-matching-and-cheat-sheet">price adjustments and matches</a>. Big retailers like Target, Walmart, Kohl's, Best Buy, Amazon, and other large and smaller stores have price adjustment/match policies which provide a little extra insurance that you are getting the best price. (See also:&nbsp;<a href="http://www.wisebread.com/heres-how-to-get-a-sale-price-match-at-16-popular-stores?ref=seealso">Here's How to Get a Sale Price-Match at 16 Popular Stores</a>)</p> <p>But what if you forget to check, don't have time, or feel it's not worth the hassle? If you've purchased some of your gifts online, let&nbsp;<a href="https://paribus.co/">Paribus</a>, seek out a price adjustment for you. In a nutshell, Paribus will search for a better price on that gift that you purchased online and get the difference back for you. Some credit cards also offer similar services. Many credit cards offer price protection for purchases within 30-60 days. (See also: <a href="http://www.wisebread.com/10-awesome-credit-card-perks-you-didnt-know-about?ref=seealso">Awesome Credit Card Benefits You Didn't Know You Had</a>)</p> <h2>Try Novel Gift Options</h2> <p>There are ways to be part of the gift giving without dropping a ton of cash.</p> <h3>23. Regift</h3> <p>Often overlooked or thought of as tacky, or cheap, regifting gets a bad rap that it doesn't deserve. If you've received a gift card, or lovely store bought item that you'll never use and know someone who will genuinely appreciate it, give it to them! What's better, having something sit in a closet collecting dust and taking up space, or having someone get real enjoyment out of it? (<a href="http://www.wisebread.com/regifting-a-simple-how-to-guide">See also: The Rules for Regifting</a>)</p> <h3>24. Turn Gift Giving into Events and Games</h3> <p>Instead of buying something for everyone in the office or even in the family, pool the gift giving into fun activities like Secret Santa or White Elephant. This allows you to only spring for one person in the group, without it being awkward or strange. (See also:&nbsp;<a href="http://www.wisebread.com/15-genius-gifts-for-office-secret-santa?ref=seealso">15 Genius Gifts for Office Secret Santa</a>)</p> <h3>25. Think Homemade</h3> <p>If you have a lot of people on your gift giving list like neighbors and co-workers, think homemade! Who doesn't love&nbsp;<a href="http://www.wisebread.com/15-unique-holiday-gifts-you-can-bake">fresh baked cookies or other treats</a>? How about a bottle of&nbsp;<a href="http://www.wisebread.com/10-homemade-liqueurs-to-bottle-now-for-tasty-holiday-gifts">homemade liqueur</a>? After years of accumulating things, sometimes these become the most favorite gifts of all. (See also: <a href="http://www.wisebread.com/25-gifts-you-can-make-today">25 Gifts You Can Make Today</a>)</p> <h3>26. Offer Time and Services</h3> <p>If you're truly looking for some gift ideas when you're broke but have lots of time, try offering services, like babysitting, petsitting, cooking, or anything else that a busy person would appreciate. We've got a list of&nbsp;<a href="http://www.wisebread.com/15-genius-gifts-for-office-secret-santa">20 Great Ideas for Free Gifts</a>. (See also: <a href="http://www.wisebread.com/how-to-spend-almost-nothing-on-gifts-this-year?ref=seealso">10 Gift Ideas That Cost Almost Nothing</a>)</p> <h3>27. Buy Nothing. Bah Humbug!</h3> <p>This is for all who eschew our consumerist ways and think we should just buy nothing. The best way to save is not to spend, after all. There, I've said it. And it's true. Did that change your mind? Not this year? Well, maybe in the future. Here's to a happy, safe, and <em>inexpensive </em>holiday season for all!</p> <p><em>What's your best money saving tip during the holidays? Let me know in the comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/kim-owens">Kim Owens</a> of <a href="http://www.wisebread.com/25-easy-ways-to-save-money-but-still-get-what-you-want-during-holiday-shopping">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-get-5-cash-back-on-holiday-purchases">How to Get 5% Cash Back on Holiday Purchases</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The 5 Best Credit Cards for Groceries</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/credit-card-rewards-programs">Credit Card Rewards Programs</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/best-credit-cards-for-the-holidays">Best Credit Cards for the Holidays</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-worst-holiday-credit-cards">The Worst Holiday Credit Cards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Shopping cash back cash back rewards holiday shopping Mon, 07 Dec 2015 16:00:26 +0000 Kim Owens 1618547 at http://www.wisebread.com 5 Best Cash Back Credit Cards http://www.wisebread.com/5-best-cash-back-credit-cards <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-best-cash-back-credit-cards" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/woman-with-cash.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Many people prefer cash back rewards to other credit card perks such as frequent flyer miles. Cash has the advantage of being simple to understand and universally accepted. Unlike points and miles, cash can earn interest when unused and are not subject to the constantly changing terms and conditions of corporate loyalty programs. (See also: <a href="http://www.wisebread.com/how-rewards-credit-cards-really-work?ref=seealso">How Cash Rewards Credit Cards Really Work</a>)</p> <p>My family is a perfect example of how you can use credit cards to receive cash back. Using our cards for day-to-day purchases, we may spend as much as $2,500 with them each month. When we are not looking for <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">travel rewards</a>, we use a card that returns 2% on all purchases in order to earn an additional $50 a month in cash back. That equals a return of <strong>$600 each year</strong> that we can add to our discretionary spending or apply to our savings.</p> <p>Just one word of caution &mdash; cash back credit cards should only be used by people who can pay their credit card balances in full and on time. To do otherwise virtually ensures that you will owe more in interest and penalties than you will ever receive as cash back.</p> <h2>The Top 5 Credit Cards Featuring Cash Back Rewards</h2> <p>Once you have decided to earn credit card rewards in the form of cash back, you should definitely consider my favorite cash back rewards cards.</p> <div style="background:lightgoldenrodyellow;padding:15px;margin-bottom:10px;"> <h2>BankAmericard Cash Rewards&trade; Credit Card</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=17&amp;pp=1&amp;uv=xcard" title="BankAmericard Cash Rewards&trade; Credit Card" alt="BankAmericard Cash Rewards&trade; Credit Card" rel="nofollow" target="_blank"><img border="0" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/BoA_Cash_Rewards-154.jpg" alt="" style="float:right;margin:0 10px;" class="img-exempt" /></a>The <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=17&amp;pp=1&amp;uv=xname" rel="nofollow" target="_blank">BankAmericard Cash Rewards&trade; Credit Card</a> offers 2% back at grocery stores, 3% back on gas, and 1% on other purchases. (Grocery store and gas bonus rewards apply to the first $1500 in combined purchases in these categories each quarter.) Bank of America customers get an extra 10% bonus when redeeming rewards directly into a Bank of America&reg; checking or savings account (instead of a statement credit). <strong>There is no annual fee</strong>.</p> <p><strong>Bonus offer:</strong> $100 online cash rewards bonus after you spend at least $500 in purchases in the first 90 days of account opening. Also get a 0% introductory APR for 12 billing cycles on purchases, and any balance transfers made within the first 60 days; after that, a variable APR that's currently between 13.24% and 23.24% will apply. A 3% fee (minimum $10) applies to balance transfers. <a href="https://consumer.bankofamerica.com/USCCapp/Ctl/entry?sc=VACNW5&amp;pid=dppf">See terms.</a></p> <p><strong><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=17&amp;pp=1&amp;uv=xend" rel="nofollow" target="_blank">Click here to learn more and apply for the BankAmericard Cash Rewards&trade; Credit Card today!</a></strong></p> </div> <h2>Discover it&reg; Cashback Match&trade; with No annual fee</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=62&amp;pp=2&amp;uv=xcard&amp;fot=1022" target="_blank" rel="nofollow"><img width="154" height="98" src="http://www.imgsynergy.com/191x120/discover-it-garnet-052615.png" alt="" class="img-exempt" style="float:right;margin:0 5px 5px 10px;" /></a>With the <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=62&amp;pp=2&amp;uv=xname&amp;fot=1022" target="_blank" rel="nofollow">Discover it&reg; Cashback Match&trade; with No annual fee</a>, you earn 5% cash back in categories that change each quarter up to $1500 per quarter when you activate, plus 1% cash back on all other purchases. As an exclusive offer to new cardmembers, Discover will match all the cash back you've earned at the end of your first year &mdash; automatically. Besides being a great cash rewards credit card, it offers <a href="http://www.wisebread.com/the-5-best-credit-cards-that-offer-free-credit-scores">free monthly FICO credit scores</a> on statements and online. <strong>There is no annual fee.</strong></p> <p>As a <strong>sign-up bonus</strong>, you can get 0% intro APR for 12 months on purchases and balance transfers. Then a variable purchase APR applies (currently 11.24% - 23.24%). A 3% fee applies to each transferred balance.</p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=62&amp;pp=2&amp;uv=xend&amp;fot=1022" target="_blank" rel="nofollow"><strong>Click here to learn more and apply for the Discover it&reg; Cashback Match&trade; with No annual fee today!</strong></a></p> <h2>Capital One&reg; Quicksilver&reg; Cash Rewards Credit Card</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=27&amp;pp=3&amp;uv=xcard" rel="nofollow" target="_blank"><img width="154" align="right" height="97" src="http://www.imgsynergy.com/191x120/capital-one-quicksilver-cash-rewards-credit-card-040815.png" style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" /></a>Don't want to bother with <a href="http://www.wisebread.com/best-credit-cards-that-offer-flat-rate-rewards-for-all-spending">rotating quarterly categories</a>? The <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=27&amp;pp=3&amp;uv=xname" rel="nofollow" target="_blank">Capital One&reg; Quicksilver&reg; Cash Rewards Card</a> will get you unlimited 1.5% cash back on all purchases. There is no limit to the amount of cash you can earn, and no minimums to redeem the cash back. The cash back doesn't expire, either! You can get cash back in the form of an account credit, check, or gift card. <strong>There is no annual fee</strong>.</p> <p>There is currently a<strong>&nbsp;one-time bonus offer</strong> of $100 cash after you spend $500 on purchases within the first 3 months. There is also a 0% intro APR on purchases and balance transfers until February 2017. (After the promotional period, there is a 13.24%-23.24% variable APR; a 3% fee applies to each balance transferred.)</p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=27&amp;pp=3&amp;uv=xend" rel="nofollow" target="_blank"><strong>Click here to learn more and apply for the Capital One&reg; Quicksilver&reg; Cash Rewards Card today!</strong></a></p> <h2>Blue Cash Preferred&reg; Card from American Express</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=6&amp;pp=4&amp;uv=xcard&amp;fot=1022" target="_blank" rel="nofollow" alt="Blue Cash Preferred&reg; Card from American Express" title="Blue Cash Preferred&reg; Card from American Express"><img width="154" border="0" height="97" src="http://www.imgsynergy.com/191x120/blue-cash-preferred-card-from-american-express-012815.png" alt="" style="float:right;margin:0 5px 5px 10px;" class="img-exempt" /></a>The <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=6&amp;pp=4&amp;uv=xname&amp;fot=1022" rel="nofollow" target="_blank">Blue Cash Preferred&reg; Card from American Express</a> offers the highest cash back you can get for groceries. Get 6% cash back at U.S. supermarkets (up to $6,000 per year in purchases), 3% at U.S. <a href="http://www.wisebread.com/best-credit-cards-for-everyday-purchases">gas stations and select U.S. department stores</a>, and 1% on other purchases. Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit. There is a $75 annual fee.</p> <p>As a <strong>special offer</strong>, you can get up to $350 back in the form of statement credit after meeting purchase requirements (offer ends June 15, 2016). You also get 0% intro APR on purchases and balance transfers for the first 12 months. After that, your APR will be a variable rate, currently 13.24%-23.24%, based on your creditworthiness and other factors. Terms and limitations apply.</p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=6&amp;pp=4&amp;uv=xend&amp;fot=1022" rel="nofollow" target="_blank"><strong>Click here to learn more and apply for the Blue Cash Preferred&reg; Card from American Express today!</strong></a></p> <h2>Citi&reg; Double Cash Card</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=47&amp;pp=5&amp;uv=xcard" rel="nofollow" target="_blank"><img width="154" border="0" height="98" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u784/CitiDoubleCash.jpg" style="float:right;margin:0 5px 5px 10px;" class="img-exempt" alt="" /></a>The <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=47&amp;pp=5&amp;uv=xname" rel="nofollow" target="_blank">Citi&reg; Double Cash Card</a> from our partner Citi stands out from other credit cards offering cash back rewards in that you earn cash back not once, but twice on every purchase. You get 1% cash back when you buy, plus another 1% cash back as you pay for those purchases. No need to wait until you pay off a purchase to earn the additional cash back &mdash; you'll get it whether you can pay in full or over time, as long as you pay at least the minimum amount due. Unlike many other cards, the Double Cash card has no category restrictions, no enrollments in rotating categories, and no limits on the amount of cash back that you earn. <strong>There is no annual fee</strong>.</p> <p>There is a 0% introductory APR on balance transfers for 18 months. After that, the variable APR will be 13.24%-23.24%, based on your creditworthiness</p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=47&amp;pp=5&amp;uv=xend" rel="nofollow" target="_blank"><strong>Click here to learn more and apply for the Citi&reg; Double Cash Card today!</strong></a></p> <h2>Fidelity&reg; Rewards Visa Signature&reg; Card</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=124&amp;pp=6&amp;uv=xcard" title="Fidelity&reg; Rewards Visa Signature&reg; Card" alt="Fidelity&reg; Rewards Visa Signature&reg; Card" rel="nofollow" target="_blank"><img width="154" border="0" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/wisebread/cc/cardart/fidelityrewardsvisasig.jpg" style="float:right;margin:0 10px;" class="img-exempt" alt="" /></a>The <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=124&amp;pp=6&amp;uv=xname" target="_blank" rel="nofollow">Fidelity&reg; Rewards Visa Signature&reg; Card</a> makes it easy to earn cash back and save for your goals at the same time. You earn unlimited 2% cash back on all purchases when redeemed for a deposit into an eligible Fidelity account. There are no rotating categories or caps on your rewards, and the points never expire. <strong>There is no annual fee.</strong></p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=124&amp;pp=6&amp;uv=xend" target="_blank" rel="nofollow"><strong>Click here to learn more and apply for the Fidelity&reg; Rewards Visa Signature&reg; Card today!</strong></a></p> <h2>Capital One&reg; QuicksilverOne&reg; Cash Rewards Credit Card</h2> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=28&amp;pp=7&amp;uv=xcard" title="Capital One&reg; QuicksilverOne&reg; Cash Rewards Credit Card" alt="Capital One&reg; QuicksilverOne&reg; Cash Rewards Credit Card" rel="nofollow" target="_blank"><img width="154" border="0" src="http://www.imgsynergy.com/191x120/capital-one-quicksilverone-cash-rewards-credit-card-040815.png" alt="" style="float:right;margin:0 10px;" class="img-exempt" /></a>The credit cards with the best rewards tend to require an Excellent credit score. While cards designed for people with <a href="http://www.wisebread.com/the-5-best-credit-cards-for-people-with-fairaverage-credit">Fair or Average credit</a> are easier to get approval for, they don't offer the highest rewards. But with the <a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=28&amp;pp=7&amp;uv=xname" target="_blank" rel="nofollow">Capital One&reg; QuicksilverOne&reg; Cash Rewards Credit Card</a>, you have the opportunity to earn decent cash back even if your credit is on the lower end. Like the Quicksilver version, this card offers unlimited 1.5% cash back on all purchases, with no rotating categories to keep track of or sign ups for enrollment. Plus, you can get access to a higher credit line after making your first 5 monthly payments on time. There is an annual fee of $39.</p> <p>New cardmembers get a 0% intro APR on purchases until February 2017. (After the promotional period, a 23.24% variable APR applies.)</p> <p><a href="http://ct.wisebread.com/click.php?pg=25&amp;pid=28&amp;pp=7&amp;uv=xend" target="_blank" rel="nofollow"><strong>Click here to learn more and apply for the Capital One&reg; QuicksilverOne&reg; Cash Rewards Credit Card today!</strong></a></p> <p>Within the credit card industry, the term &quot;deadbeat&quot; is used as slang to describe customers who always pay their balances in full and on time. These customers don't provide the banks with any profits from interest payments or late fees, but they are still valued customers due to the merchant fees their spending generates and their impeccable payment history. If you are a proud member of this group, and you have no interest in travel rewards, you should be using one of these cards that offer the maximum cash back for your spending.</p> <p><a href="http://www.wisebread.com/topic/personal-finance/credit-cards"><strong>Back to the Credit Card Guide</strong></a></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jason-steele">Jason Steele</a> of <a href="http://www.wisebread.com/5-best-cash-back-credit-cards">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">5 Best Travel Reward Credit Cards</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The 5 Best Credit Cards for Groceries</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out">The 5 Best Credit Cards for Dining Out</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards">5 Best Sign-up Bonuses for Airline Miles Credit Cards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-credit-cards-for-hotel-deals-and-rewards">The Best Credit Cards for Hotel Deals and Rewards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Extra Income best credit cards cash back rewards credit card rewards Fri, 14 Jun 2013 11:48:20 +0000 Jason Steele 789703 at http://www.wisebread.com Why I Hate Credit Card Points http://www.wisebread.com/why-i-hate-credit-card-points <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/why-i-hate-credit-card-points" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/762062828_0d61fbf38e_z.jpg" alt="credit cards" title="credit cards" class="imagecache imagecache-250w" width="250" height="188" /></a> </div> </div> </div> <p>With few exceptions, I have no interest in rewards in the form of &quot;points,&quot; &quot;miles,&quot; or anything similar. (See also: <a href="http://www.wisebread.com/swipe-envy">Swipe Envy</a>)</p> <p>I've always felt this way, but I've been prompted to write this by a particularly annoying commercial. What sets me off is when the actor playing the customer talks about how his points are &quot;like money in the bank.&quot;</p> <p>Of course, my response is, &quot;You know what's <em>more</em> like money in the bank? <em>Money in the bank!</em>&quot;</p> <p>Then he goes on to talk about how he can &quot;spend&quot; his points to get stuff he wants.</p> <p>To which I say, &quot;You know what else you can spend to get stuff you want? <em>Money in the bank!</em>&quot;</p> <p>(I actually do say these things &mdash; out loud, at the TV. So far, fortunately, my wife is managing to find my reaction amusing rather than annoying.)</p> <h2>When Points Are Worth It</h2> <p>There are two circumstances when taking points, miles, or any similar construct is a win: When someone else is paying (but you get the rewards), and when the company screws up.</p> <p><strong>When Someone Else Is Paying</strong></p> <p>The modern origin of these schemes is frequent flier miles. They were invented as a way to incentivize business travelers to chose a particular airline for their company-paid travel.</p> <p>The issue was that business travelers had a lot of control over their business travel. Even within rules that required choosing the cheapest fare, the traveler had considerable influence, because they could control the details of when they could leave and when they had to return. If they wanted to travel on Airline X, it was easy to schedule meetings such that traveling on Airline Y would require an extra overnight stay or any extra day away from the office.</p> <p>The reason there are so many complex rules about using and transferring frequent filer miles was to make it difficult for companies to insist that their business travelers use them for business trips or turn them over to the company.</p> <p>But this is only an advantage when the person who's getting the miles isn't the one paying the fare. When you're paying for your own ticket, frequent flier miles are just a way to prepay for future trips that you may not even take.</p> <p>A special case of this is when you can get your money back, but still keep the points. For a while there was a deal to let coin collectors buy directly from U.S. Mint at face value. People were buying coins with a credit card that offered miles, and then just depositing the money at their bank at face value.</p> <p><strong>When the Company Screws Up</strong></p> <p>It doesn't happen often, but sometimes a company will screw up. There was a famous case a few years ago where a company offered free travel for people who bought appliances. Unfortunately for the company, the people who designed the scheme got careless. They were thinking about large appliances like refrigerators, but wrote rules that let small appliances like vacuum cleaners and bread makers count. People quickly figured out the cheapest set of small appliances that would entitle them for the trip they wanted to take and bought those appliances in great numbers. The company ended the program as quickly as it could, but still ended up losing a lot of money.</p> <h2>Prefer Cash</h2> <p>Except for those special cases, you're almost always better off taking the cash &mdash; using a cash-back rewards card, or buying from a business that doesn't load you up with a stupid points-based rewards program.</p> <p>I know some people parse these schemes very closely and find that there are circumstances where they can come out ahead. (See, for example: <a href="http://www.wisebread.com/credit-card-rewards-programs">Credit Card Rewards Programs </a>and <a href="http://www.wisebread.com/maximizing-rewards-programs-with-pointscom">Maximizing Rewards Programs with Points.com</a>.) To a first approximation, I'm automatically doubtful.</p> <p>I have a credit card that provides cash back. I could get one that provides miles instead. But I know that a credit card company that provides miles is buying the miles from an airline &mdash; and it wouldn't be doing so unless it's getting the miles for less.</p> <p>The airline is glad to sell miles to the credit card company cheap, because it knows that it comes out ahead in a dozen different ways. It sets the rules for how much the miles are worth and when they can be used. Plus, it knows that most of the miles will go unused for months or years &mdash; and that some miles will never be used.</p> <p>Even the people who do the careful parsing, and think they're getting their miles cheap, sometimes end up being unable to take the trip that they think they're getting such a good deal on &mdash; a work emergency or a family emergency or just a change in circumstance will force a change in plans, and there they'll be with a bunch of frequent flier miles.</p> <p>Prefer cash. You can spend it on whatever you want, not just on whatever the firm that offers points or miles wants to sell you.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/philip-brewer">Philip Brewer</a> of <a href="http://www.wisebread.com/why-i-hate-credit-card-points">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-buy-and-sell-airline-miles">How to Buy and Sell Airline Miles</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-tips-for-scoring-a-frequent-flyer-rewards-flight">5 Tips for Scoring a Frequent-Flyer Rewards Flight</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/maximizing-rewards-programs-with-pointscom">Maximizing Rewards Programs with Points.com</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">5 Best Travel Reward Credit Cards</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards Travel airline points cash back rewards frequent flyer miles Wed, 16 May 2012 10:36:08 +0000 Philip Brewer 929165 at http://www.wisebread.com 6 Ways to Benefit From Your Credit Card http://www.wisebread.com/6-ways-to-benefit-from-your-credit-card <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-ways-to-benefit-from-your-credit-card" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000007864786Small.jpg" alt="Woman with credit card at computer" title="Woman with credit card at computer" class="imagecache imagecache-250w" width="250" height="142" /></a> </div> </div> </div> <p>No amount of credit card reform is going to help if you don't spend the time to make your credit cards benefit you. As with many things, credit cards can be wonderful if you are disciplined, but they can also backfire and create a huge financial hole for you to dig out of. (If the latter is more likely for you, may I suggest measures such as freezing your credit card?) Here are six ideas for how to benefit from your credit card.</p> <h3>1. Eliminate Annual Fees</h3> <p>You likely looked into this before you applied to your current card of choice, but is your credit card still free to own? Many institutions started charging annual fees, and there's a chance that yours does now as well. With companies likely adding the annual fee as a line item on one of your monthly bills, it may go unnoticed &mdash; so double check to make sure. (See also: <a href="http://www.wisebread.com/credit-card-fees-hidden-and-otherwise">Credit Card Fees: Hidden and Otherwise</a>)</p> <h3>2. Pay Your Balances Off Each Month</h3> <p>I contemplated whether to put this one in, because it's obvious. But it's so important that everyone needs to hear this again and again. Don't use a credit card unless you can pay it off each month. Got it? Now go read it again, and follow the rules.</p> <p>If you don't believe that it's possible to live without borrowing, just remember that people were fine before the invention of debt! If you can't afford it, just don't buy it. (See also: <a href="http://www.wisebread.com/how-much-does-your-credit-card-debt-cost-you">How Much Does Your Credit Card Debt Cost You</a>)</p> <h3>3. Stick With Cash-Back Rewards</h3> <p>There are zillion different ways to redeem your credit card rewards, but it's probably best to stick with getting cash (or perhaps a statement credit) unless you were going to need to use it anyway. For example, getting a free airline ticket is good if you were going to buy the exact same ticket for the exact same price, but getting a $50 gift card and ending up buying $73.28 worth of useless junk is not worth it.</p> <h3>4. Know All the Benefits You Are Getting</h3> <p>It's always a good idea to know every benefit that your card is providing. In addition to reward points, some cards get you into airport lounges, while others will double the warranty of a product. By knowing all the benefits, you won't be paying extra for something that you can get for free. For example, one of my credit cards provides rental car insurance.</p> <h3>5. Write Down Why You Applied for the Card in the First Place</h3> <p>A good way to remember all those benefits is to actually write them down in simplified form somewhere, so you can look at it once in a while to <a href="http://www.wisebread.com/perform-a-credit-card-rewards-annual-review">refresh your memory</a>. I know it is a bit of work, but I applied for one of my cards eight years ago. Would you remember all the details from eight years ago? Or let's say you applied for a 0% balance transfer credit card. Now that the introductory 0% APR period is over, do you still need to keep it?</p> <h3>6. Use Credit Cards Whenever Possible</h3> <p>This is only for those who can pay off the balance of course, but remember to use your credit card every chance you get! I know there are many people who like to make fun of those who use credit cards for the smallest purchases, but did you know that it is actually easier (and faster) for both the buyer AND the seller when small purchases are paid using a credit card? When you don't even need to sign for a purchase at some of these stores, using a credit card is a no-brainer.</p> <p>There are many more ways you can save with a credit card, but if your credit card isn't working for you yet, start with the tips up above.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/david-ning">David Ning</a> of <a href="http://www.wisebread.com/6-ways-to-benefit-from-your-credit-card">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-credit-card-services-you-don-t-usually-need">6 Credit Card Services You Don’t (Usually) Need</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards">The 5 Best 0% Balance Transfer Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/dealing-with-post-holiday-credit-card-debt">Dealing with Post-Holiday Credit Card Debt</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/using-airline-credit-cards-to-score-premium-travel-awards">Using Airline Credit Cards to Score Premium Travel Awards</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Credit Cards balance transfer cards cash back rewards credit card benefits credit card fees Wed, 23 Mar 2011 11:00:08 +0000 David Ning 508477 at http://www.wisebread.com How to Decipher Credit Card Advertising http://www.wisebread.com/calling-bs-on-5-rewards-advertising <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/calling-bs-on-5-rewards-advertising" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/lady_credit_card_000023306294.jpg" alt="Lady on the computer with credit card" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>There are hundreds of credit cards available with all sorts of different terms and rewards. Wading through them to figure out which one to sign up for can be a complicated and frustrating process. One card might seem to offer a large cash back percentage, but look at the fine print and there's a dollar limit where if you exceed it, the cash back percentage drops significantly. Others will offer a tempting <a href="http://www.wisebread.com/5-best-sign-up-bonuses-for-airline-miles-credit-cards">sign up bonus</a>, but you have to pay a hefty annual fee. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-with-no-annual-fees?ref=seealso">Best Credit Cards With No Annual Fees</a>)</p> <p>If you need help sorting out the marketing from reality, here's a quick primor on what to look for when you're reviewing those credit card offers.</p> <h2>Rewards</h2> <p>This is the main reason you'd want a credit card. It just doesn't make sense to be using a credit card that you're not getting rewards on (except, of course, if you carry a balance, in which case, no amount of rewards would make up for the interest you're racking up). Rewards generally come in the form of <a href="http://www.wisebread.com/5-best-cash-back-credit-cards">cash back</a>, miles towards travel, or points for other types of redemption (for example, merchandise or gift cards). The baseline rate on most credit cards for rewards is 1% cash back or 1 mile/point per dollar spent. The difference between rewards cards will show up in the ways you can get &quot;bonus&quot; points. For example, one card might offer 5% <a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">cash back on groceries</a>. Another might offer 2 miles for airfare purchases. One way to choose a credit card is to find the one that offers bonus rewards for the category you already spend the most on. For frequent flyers, that would probably be airfare. For families, that might be groceries. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-dining-out?ref=seealso">Best Credit Cards for Dining Out</a>)</p> <h2>Earning Caps</h2> <p>This is one of those things usually in the fine print. Cash back credit cards usually have a cap on the amount of cash back you can earn in the bonus categories. Rewards credit cards that offer points and miles don't have earning caps as often, but some may, so always check! You may not be getting what you expect if you spend a lot in the bonus categories. In some cases, it might make sense for you to choose a card that offers a lower bonus, but without earning caps. You'll have to do the math.</p> <h2>Redemption Requirements</h2> <p>You might be really excited about cashing out the first $20 you've earned in cash rewards, only to find that the minimum redemption amount is $35. Depending on what you plan to use the rewards for, and when you need them, you want to make sure to choose the card with the redemption requirements that suit your needs.&nbsp;</p> <h2>Redemption Options</h2> <p>Cash back rewards are pretty straightforward. You usually either opt for a statement credit or a check/direct deposit. However, when it comes to the world of miles and points, redeeming can be extremely difficult. You might have chosen a <a href="http://www.wisebread.com/top-5-travel-reward-credit-cards">travel rewards card</a> because you want to get a big discount on your yearly overseas trip. But you might find that the miles you've racked up don't <a href="http://www.wisebread.com/how-airline-partnerships-can-supercharge-your-travel-rewards">transfer to the airline you want</a>, or doesn't offer award seats for the country you want to fly to. Know what you're going to be using those points or miles for, before you get stuck with a ton of them you can't even use. (See also: <a href="http://www.wisebread.com/comparing-miles-which-airline-loyalty-program-is-better?ref=seealso">Which Airline Loyalty Program Has the Best Value for Their Miles?</a>)</p> <h2>Annual Fee</h2> <p>The credit cards that offer big bonuses on popular categories are usually the ones with the annual fee. Bigger benefits usually come with a higher price tag. Now don't write off a credit card just because of its annual fee. Lots of people have <a href="http://www.wisebread.com/the-5-best-credit-cards-with-annual-fees">credit cards with annual fees</a> and they get more than enough rewards to pay for that fee. It depends on your spending habits, and whether you are going to take advantage of those extra benefits. Again, do the math.</p> <h2>Foreign Transaction Fee</h2> <p>This is something to be aware of if you use your card internationally. Many cards will charge a 3% foreign transaction fee to your purchases. If you travel a lot, you should consider a card that has a low or zero foreign transaction fee.</p> <h2>Benefits</h2> <p>Beyond points, miles, and cash, a credit card can offer many benefits. For travelers, <a href="http://www.wisebread.com/travel-perks-you-didnt-know-your-credit-card-had">perks like lounge access</a> and priority boarding is invaluable. For shoppers, <a href="http://www.wisebread.com/11-ways-your-credit-card-will-save-you-money-while-holiday-shopping">purchase and price protection</a> can save a bundle. Don't just stop at the bonus categories and sign up offers. Check out the entire list of benefits a credit card has to offer. (See also: <a href="http://www.wisebread.com/10-awesome-credit-card-perks-you-didnt-know-about?ref=seealso">13 Awesome Credit Card Perks You Didn't Know About</a>)</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/lynn-truong">Lynn Truong</a> of <a href="http://www.wisebread.com/calling-bs-on-5-rewards-advertising">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/netspend-the-story-of-the-visa-debit-card-we-did-not-apply-for">netSpend: The Story of the Visa Debit Card We Did Not Apply For</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/debit-or-credit-which-one-should-you-choose-at-the-checkout">Debit Or Credit? Which One Should You Choose At The Checkout?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/banks-manipulate-your-transactions-may-charge-you-1750-overdraft-fee">Banks Can Manipulate Your Transactions, Then Charge You 1750% Overdraft Fee</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/surprising-things-that-can-kill-your-credit">Surprising Things That Can Kill Your Credit</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Consumer Affairs Credit Cards cash back rewards credit card advertisements Mon, 31 May 2010 14:00:04 +0000 Lynn Truong 104980 at http://www.wisebread.com How to Quickly Compare Rewards Programs When You Shop Online http://www.wisebread.com/how-to-quickly-compare-rewards-programs-when-you-shop-online <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/how-to-quickly-compare-rewards-programs-when-you-shop-online" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/evreward7_300.gif" alt="" title="" class="imagecache imagecache-250w" width="250" height="61" /></a> </div> </div> </div> <p>Wise internet shoppers usually search for some coupon or cash back reward before adding an item to their shopping carts. The problem is that there are so many cash back and mileage reward programs that sometimes it is hard to decide which one to use. Luckily my friend Jim told me about a site that lets you search and compare the best rewards for the stores you frequent.</p> <p>The site is called <a href="http://evreward.com">ev'reward,</a> and this is how it works. First, type in a store name in the search box. For example, if you want to buy something at JR.com, type &quot;JR.com&quot; and click the &quot;Find&quot; button. Now a variety of offers and rewards programs will show up.</p> <p>The first section shows coupons and discount offers, and then there is a rich section of rewards programs including cash back, college savings, points programs, and frequent flyer miles. The site also lists the percentage you get back very clearly so you can compare which program to use for your purchase.</p> <p>As long as you know which store you want to visit, ev'reward is an awesome tool to comparison shop the coupons and rewards you can get. The site also has a decent deals section that you can browse and it definitely saved me some time in comparing cash back and credit card rewards.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/xin-lu">Xin Lu</a> of <a href="http://www.wisebread.com/how-to-quickly-compare-rewards-programs-when-you-shop-online">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-easy-ways-to-save-money-but-still-get-what-you-want-during-holiday-shopping">25+ Easy Ways to Save Money But Still Get What You Want During Holiday Shopping</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-best-cash-back-credit-cards">5 Best Cash Back Credit Cards</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The 5 Best Credit Cards for Groceries</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-amazon-prime-perks-youve-forgotten-to-use">7 Amazon Prime Perks You&#039;ve Forgotten to Use</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-social-media-can-save-you-money">6 Ways Social Media Can Save You Money</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping cash back rewards Fri, 18 Dec 2009 17:21:10 +0000 Xin Lu 4143 at http://www.wisebread.com