At that spending level, the card's 1 %
cash back rate completely covers the monthly fee, and begins turning a profit with every swipe.
Not exact matches
People with lower credit scores won't be
completely cut off from earning
cash back, but should expect lower -
rate cash rewards programs in the range of 1 % to 1.5 % for a flat -
rate card.
If you keep a running balance, you'll have to pay interest on it, and even at competitive interest
rates this will easily cut into or
completely undo the benefits of
cash back rewards.
People with lower credit scores won't be
completely cut off from earning
cash back, but should expect lower -
rate cash rewards programs in the range of 1 % to 1.5 % for a flat -
rate card.