Unless you have been living under a rock for the last few years, you should have heard of the rewards cards that many credit card companies are offering.???? These cards often give you 1% cash back for purchases made on their credit cards.???? This cash back is usually in the form of some kind of gift card that you can use at authorized retailers.
Do you have a reward card????? If you don????????t, you should get one right away.???? Because you are throwing away free money.???? I recently convinced my fianc????e to apply for a rewards card.???? She was approved for a rewards card that gave her 1% cash back on her purchases.
The card has a credit limit of $1000, of which she has been charging $500 to each month.???? At the end of the month she pays the balance off in full.???? This is important.???? If you do not pay the balance off in full, you are losing all the benefits of the cash back by paying the high interest rates on the card.???? Make sure you only charge what you normally spend on the card.???? Remember that as with all credit cards, you have to pay the money back.
She easily has $500 in bills and expenditures every month.???? Before, she was using her debit card, cash and checks to pay for these goods and services.???? Now however, she is using her rewards card and earning cash back.???? At the end of the year she will receive a rewards card for $60.
As I always say, $60 bucks is $60 bucks.???? I am not one to turn down easy money, and I????????m still working on my fianc????e.???? Especially money that is this easy.???? And remember this $60 has the potential to be a lot more than $60 if she uses it wisley.