If you qualify for both, you'd earn a 7 %
effective cash rewards rate on those purchases combined.
If you qualify for both, you'd earn a 7 %
effective cash rewards rate on those purchases combined.
Not exact matches
Paying with a
rewards card, for example, can be an
effective way to save money if you're earning points, miles or
cash back on what you buy.
After all, the company was founded in response to academic research proving that even small
cash rewards triple the effectiveness of weight - loss programs; that people are more
effective at losing weight when their own money is at risk; and that social dynamics play a large role in the spread of obesity, and will likely play a large role in reversing obesity.
The premier
cash back card from American Express offers a
reward of $ 250 for spending $ 1000 within the first three months with the card which is an
effective intro rate of 25 % back.
Given the high annual fee, the
rewards program on its own is nothing to be excited about — there are many cards that offer similar
effective rewards and / or
cash back rates with an annual fee of less than $ 100, and some that have no annual fee at all.
But keep in mind that for
cash back, gift card, and merchandise redemptions, the
rewards rate drops to an
effective rate of 1 %.
I give this criteria to the Discover it ® for Students card because you'll most likely earn much more throughout the year by using the card on one (or several) of that 5 %
cash back categories, as opposed to the 1.25 %
effective cash back that you'd receive from the Journey ℠ Student
Rewards from Capital One ®.
Spending just 15 % inside the bonus categories will net you an
effective rewards rate greater than 1.5 %, while 25 % is needed to overtake a 2 %
cash back card.
Effective 10/16: Purchase
Rewards allows you to earn
cash at the local and national retailers that you know and love.
As a
cash back card, it marries the ultimate
rewards flexibility with a high
effective rewards rate of 2 %.
After spending $ 500 during that period, cardholders earn back $ 100, which is an
effective cash back
reward of 20 %.
With generous
rewards and no annual fee, the Chase Ink Business
Cash card can be a good option as a cost - effective business cash - back rewards c
Cash card can be a good option as a cost -
effective business
cash - back rewards c
cash - back
rewards card.
Furthermore you would always have to use your points for Premium Air
Rewards (never depositing them as
cash) to keep your
effective CB rate at or near these top percentages
Assuming you are earning those points with your Chase Freedom Unlimited ® Card, let's look at the
effective value of your «
cash - back» when you redeem through your other Ultimate
Rewards card account.
I give this criteria to the Discover it ® for Students card because you'll most likely earn much more throughout the year by using the card on one (or several) of that 5 %
cash back categories, as opposed to the 1.25 %
effective cash back that you'd receive from the Journey ℠ Student
Rewards from Capital One ®.
I already have the Chase Sapphire Reserve which earns 3x Ultimate
Rewards on dining and can therefore be redeemed for travel at an
effective 4.5 %
cash back (since travel can be redeemed at 1.5 cents per point).
That is an easy 10 - 20 %
effective cash back back in
rewards.
Hey all, as per https://rogersbank.com/en/notification announcement, Rogers will have no annual fees today «
Effective March 13, 2018» plus on «May 23, 2018» Rogers Platinum Mastercard and Fido Mastercard will virtually be same and only «Earn 3 % unlimited
cash back
rewards on all your eligible purchases made in a foreign currency» and «Earn 1.25 % unlimited
cash back
rewards on all other eligible purchases» so NOW Rogers / Fido «washes» the 2.5 % FX fees they still charge and instead «gives you 0.5 %
cash back on purchases made in a foreign currency (so a loss of.75 % compared to other purchases).»
As a
cash back card, it marries the ultimate
rewards flexibility with a high
effective rewards rate of 2 %.
We then applied varying
rewards rates to see the total
cash back received from spending $ 1,000 to obtain the
effective rewards rate.