The Truth about CashBack Credit Cards Flagstaff AZ

Find out whether a cashback credit card is the perfect fit for your wallet.

A New Beginning Credit Consulting
(480) 695-6435
P.O. Box 30522
Flagstaff, AZ
 
Heartsong Healing
(928) 300-6648
PO Box 4023
Sedona, AZ
 
Turf Soaring School
(602) 439-3621
8700 W. Carefree Highway
Peoria, AZ
 
MoneyQuest Corporation
(602) 799-4155
Po Box 5267
Peoria, AZ
 
A New Beginning Credit Consulting
(480) 695-6435
P.O. Box 30522
Flagstaff, AZ
 
Debt Free Consolidation Phoenix
(623) 570-1310
3621 W Saguaro Park Lane
Glendale, AZ
 
Slater Lawrence Atty
(480) 497-1330
1400 N Gilbert Rd
Gilbert, AZ
 
Health Care Credit Solutions
(480) 281-8600
6720 N Scottsdale Rd
Scottsdale, AZ
 
Verde Valley Guidance Clinic
(928) 634-2236
8 Cottonwood
Cottonwood, AZ
 
Ruth Ann Burgueno Nutritional Counselor
(928) 282-9540
450 Jordan Rd Ste
Sedona, AZ
 

The Truth about CashBack Credit Cards

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How does a little extra cash in your pocket sound? Maybe you could use it for a nice dinner out on your birthday, a movie night with that special someone, a rainy day shopping spree, college savings for you or your child, or even to pay down your mortgage.

Keep dreaming because if you had a little extra cash you could use it for anything--donate it to your favorite charity, compensate for high gas prices, pay down other debt, or buy a discounted airline ticket. For all these reasons, and the thousands of others you can dream up, a cashback credit card may be the perfect fit for your wallet.

CashBack Credit Cards are great IF...

 ...you don't carry a balance from month to month. Credit cards offering cash back tend to have a higher interest rate, which usually wipes out any reward you might receive if you carry a balance.

According to CNNMoney.com statistics, interest rates on reward credit cards are, on average, approximately 1% higher than standard no-frill platinum credit cards. So if you plan to carry a balance your best deal is to look for the credit card with the lowest interest rate. Keep your financial health in mind and don't be lured by cards offering rewards that end up costing you more money.

President of Money Magic, Inc. and money educator Mary Ann Campbell (CFP) says, "The way for cash back to be a good option is if you are truly managing your credit cards where you are literally earning cash back but not turning around and paying it back in any other form."

The cash you receive from a rebate card should be viewed as a reward for all the hard work you have done in lowering your credit card debt and paying your balance in full each month...


Click here to read the rest of the article at YoungMoney.com.