The economics of credit cards, though, probably
limit flat cash back cards from going much above 2 percent.
Not exact matches
Jeremy Farrar, director of the Wellcome Trust, a private medical foundation based in London, is «reassured» by the protection of science funding, but cautions that «policies that essentially amount to
flat cash — even if protected in real terms — can only be absorbed for a
limited time.»
Finally, credit card companies may also charge different interest rates or a
flat fee for
cash advances, a service that allows you to withdraw money from the balance on your credit
limit.
The first and most basic is an unlimited
flat - rate rewards program, in which cardholders earn the same amount of
cash back on every purchase with no
limit.
The card's 2 % rewards rate on all purchases, with no annual dollar
limit, is among the most generous among a relatively small group of
flat - rate
cash - back cards.
While some of the anxiety over a credit card
limit can be driven by the need to meet a specific financial goal, your credit
limit can be important even if you're using your credit card solely for the perks, like the
flat - rate 1.5 %
cash back rewards of the Capital One ® Quicksilver ® credit card.
The
flat 1.5 %
cash back rate is pretty great, especially for people without perfect credit, and there's no
limit on the rewards you can earn.