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
 
West Valley Mediation Center
(623) 412-2508
6670 W Cactus Raod, Ste A-102
Glendale, AZ
 
A New Beginning Credit Consulting
(480) 695-6435
P.O. Box 30522
Flagstaff, AZ
 
Take Charge America
(623) 266-6376
20620 N 19th Ave
Phoenix, AZ
 
MoneyQuest Corporation
(602) 799-4155
Po Box 5267
Peoria, AZ
 
LifeLock
(480) 457-5110
60 E. Rio Salado Parkway
Tempe, AZ
 
Finefrock Law Firm Pllc
(480) 584-4886
770 N Monterey St
Gilbert, AZ
 
Imagine Solutions Today IBO
(928) 284-0374
PO Box 20365
Sedona, AZ
 
Past Lives Healing LLC
(928) 300-1611
31 Spur Circle
Sedona, AZ
 
Law Office Of Randall J Craig PLLC
(480) 767-0400
9449 N. 90th St. Suite 207
Scottsdale, 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.