WHICH CASH BACK CREDIT CARD

OVERVIEW
While all cash back credit cards offer the cash rewards based on overall purchases, there are as many different programs and reward levels as there are credit cards. We'll outline a few of the top cash back reward structures.

CASH BACK CARD TYPES

1. Multiple Reward Credit Cards

This type of credit card offers a cash back reward option as well as other types of rewards such as travel, gift cards or catalog shopping. While not true cash back credit cards they offer the same cash back benefits as well as other rewards.

2. Merchant Specific Cash Back Credit Cards

This type of cash back credit card offers an increased cash back rate for purchases at specific merchants or specific types of merchants, such as grocery stores, gas stations, drugstores or home improvement stores. They may offer a reduced rate for purchases outside of this merchant group.

3. Bonuses for Carrying a Balance

This type of cash back credit card offers an increased cash back rate for carrying a credit card balance. If you routinely carry a credit card balance this may be a benefit.

4. Business Cards

Cash Back Credit Cards designed specifically for businesses.

5. Combination Cards

Credit Cards offering a combination of the above features.

READ THE FINE PRINT
While we love the concept of the cash back credit card rewards and we offer some basic information on cash back credit cards, it is important to make an informed decision and READ THE FINE PRINT. When applying for a credit card always read the full disclosure documents provided with the application and make your decision based on disclosure information. The disclosure documents should provide reward program details as well as interest rates, payment terms and other legal and consumer information. It is advisable to consult with your lawyer and accountant when making personal financial decisions.

Be sure to evaluate all options before choosing a Cash Back Credit Card Provider.