Perhaps you’ve heard the advice to pay off credit card debt first when getting your finances in order because it’s a “bad” form of debt. While this type of high-interest obligation can certainly drain your bottom line, you can use credit cards to your benefit and even return some money to your pocket. Enter cash-back credit cards. These types of instruments are bank offerings that do just what they advertise — giving you cash back when you make certain purchases. Essentially, you’re paying a sale price on things you buy rather than paying full price. Here are three of the best to try.
Tag: credit cards
Don’t Make THIS Critical Credit Mistake
Offers from banks for credit cards with cashback incentives, rewards programs, and 0% temporary rates might overwhelm your physical and virtual mailboxes. Beware! While the perks offered might tempt you to take advantage of applying for accounts, opening multiple credit cards simultaneously can hurt you financially. Here’s why.
3 Items You Should ALWAYS Pay for with a Credit Card (And Why…)
Maybe you’ve heard carrying credit card debt is the enemy of future wealth, robbing you of interest dollars you could be saving. While that’s true, there’s a way you can use credit cards to your advantage, so long as you pay your balances off before the end of the month. Here are three items you should always consider using a credit card to purchase.
Cash Back or Travel Rewards Credit Cards: Which Are Best?
When most people think of credit cards, they think of mounting debt, interest rates, and last resort spending. Yet, if you use these types of cards with a disciplined strategy, they could have some significant benefits. You might want to consider taking advantage of a cashback credit card or one giving you travel rewards for your purchases, but which one is best? The answer is: It depends.
These Bad Money Habits May Make You Broke
Thinking of bad habits might conjure images of eating fattening cakes, smoking harmful cigarettes, or biting fingernails. Yet, bad money habits are every bit as detrimental and could devastate anyone’s finances unless they turn those behaviors around.